Before getting into trading - page 2.

Sebas.tian

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Is it really necessary to take a course before getting into trading?

Yes, it will help you to know more about market, if you can be able to study all the rules and regulations that guide trading. Through the process of the course you will know that, is not good to be in horry to sell coins whenever others are in horry to sell in the market than to watch careful before you release them for sale.
Having all the strategies before involving into trading, it will help you not to involve in failure in the future. Buy when it is time to buy and hold until supplier are decrease in the market before you can supply to see the positive impact of trading.

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Quote from: amirahmed on October 20, 2021, 06:10:22 AM

Is it really necessary to take a course before getting into trading?

Not really like taking a course, you can decide to do your own research and study all by yourself to become a good trader. It’s not really necessary that you will have to go for a serious course that would make you become a trader, but if you can afford to do that, then you should go ahead and do it, because that will help you get to learn what trading is all about quickly and at least you’ll get to learn from professionals who have been into this for a very long time.

Personally, I have seen a lot of traders who are doing really well in trading in the market, and they were all self taught, they didn’t really need anyone to come and sit them down and be teaching them what it is all about, they did their own research and were able to acquire the knowledge and became good at it. So, you can as well do the same thing and be a self learnt trader.

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Quote from: LastKiss on November 20, 2021, 10:24:04 AM

Quote from: amirahmed on October 20, 2021, 06:10:22 AM

Is it really necessary to take a course before getting into trading?

IMO take a course is mandatory if you never tried trading, why? because if you only have small capital to spend it's better to do some learning before starting to trade you dont want to lose your capital in vain except if you want to feel from trading using demo account until you are confident enough to start trading. Well, we never know if we never try

Whether you have small capital or huge, its advisable to start with small capital if you are new to trading. Everyone think that crypto trading can be easily done and its a shortcut to become rich in quick time interval. But once you jump into it with real money you realise its not a kids play. Everyone must gather knowledge by any means ( whether courses or through expert's) before you start trading in crypto.

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Many people think that trading is very easy job to do but when you come to do you will not going to handle presure of this loss profit game. Trading always play with people sentiment and larger people can't handle this presure, they always sell in loss. You have to understand basic before coming into trading. There are many ways to learn something about trade because anyone in this world can not be god in trading so before trade make your mind a holders mind.

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Quote from: agustina2 on November 20, 2021, 08:55:11 AM

Quote from: blockman on November 19, 2021, 06:42:40 PM

Quote from: Patigi on November 19, 2021, 04:44:41 PM

Before getting into trading you need to sake for some knowledge on cryptocurrency, you need to understand the market of cryptocurrency.

Understanding the market requires time. And this is where many won't take their time because they're impatient. But to those patient people that have tried to understand what's the market, they're really making themselves a favor of knowing the ups and downs of the market.
It's very important for them to get to know what shall be done and what to follow with those tips given to them as they start getting into trading. It should be learning first before they earn.

Agree with you. Others give up on the way because they didn't realize it's really not easy to understand the market. Even we as experienced people in crypto are still struggling so what's more to a newbie. If only they continue despite losses, they will soon understand how to make profits at the market either in bull or bear run.

They should not complain at first and just focus their mind in learning. Soon they will be used on doing that.

It's not really easy, at first sight, people think that it's an easy getaway to make money through trading. But once you put them into the exchange and they're the ones that will do the trades, they're likely to give up because they don't understand everything.
They're only saying that it's an easy way to make money through it because they've heard that many people earned from it. But the actuality isn't like that and hard to bear because trading isn't easy.

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Quote from: amirahmed on October 20, 2021, 06:10:22 AM

Is it really necessary to take a course before getting into trading?

IMO take a course is mandatory if you never tried trading, why? because if you only have small capital to spend it's better to do some learning before starting to trade you dont want to lose your capital in vain except if you want to feel from trading using demo account until you are confident enough to start trading. Well, we never know if we never try

Cling18

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Not really but that would still help. There are already lots of good resources that you could find online and you could learn by simply reading articles and online books. Watching youtube tutorials will also help. What you need is just the eagerness to learn and have the courage to do a series of researches to learn new things about trading.

agustina2

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Quote from: blockman on November 19, 2021, 06:42:40 PM

Quote from: Patigi on November 19, 2021, 04:44:41 PM

Before getting into trading you need to sake for some knowledge on cryptocurrency, you need to understand the market of cryptocurrency.

Understanding the market requires time. And this is where many won't take their time because they're impatient. But to those patient people that have tried to understand what's the market, they're really making themselves a favor of knowing the ups and downs of the market.
It's very important for them to get to know what shall be done and what to follow with those tips given to them as they start getting into trading. It should be learning first before they earn.

Agree with you. Others give up on the way because they didn't realize it's really not easy to understand the market. Even we as experienced people in crypto are still struggling so what's more to a newbie. If only they continue despite losses, they will soon understand how to make profits at the market either in bull or bear run.

They should not complain at first and just focus their mind in learning. Soon they will be used on doing that.

tippytoes

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Quote from: blockman on November 19, 2021, 06:42:40 PM

Quote from: Patigi on November 19, 2021, 04:44:41 PM

Before getting into trading you need to sake for some knowledge on cryptocurrency, you need to understand the market of cryptocurrency.

Understanding the market requires time. And this is where many won't take their time because they're impatient. But to those patient people that have tried to understand what's the market, they're really making themselves a favor of knowing the ups and downs of the market.
It's very important for them to get to know what shall be done and what to follow with those tips given to them as they start getting into trading. It should be learning first before they earn.

Learning how to trade crypto really needs time. You can't get all the necessary skills overnight. But one thing I can say, even if you don't have previous experience in trading like forex, you can always be a crypto trader. But of course, you can learn day by day on how to make a good trade. I am sure a lot of crypto traders today started also from scratch. You can always start small so if you incur losses, it is not heavy in your pocket. Every trader experienced losses at one point. But thru time, they can minimize it by applying their learned tricks.

blockman

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Quote from: Patigi on November 19, 2021, 04:44:41 PM

Before getting into trading you need to sake for some knowledge on cryptocurrency, you need to understand the market of cryptocurrency.

Understanding the market requires time. And this is where many won't take their time because they're impatient. But to those patient people that have tried to understand what's the market, they're really making themselves a favor of knowing the ups and downs of the market.
It's very important for them to get to know what shall be done and what to follow with those tips given to them as they start getting into trading. It should be learning first before they earn.

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While trading may seem easy, in reality it is a big job where you have to have experience, knowledge and current information and you have to manage the trade with the knowledge created by combining them. In the developed world, various education or training arrangements are also made for it. There is so much to learn here. Wealth is your responsibility to increase it as well as your responsibility to protect it. ‍So learn first.

Seems easy but the fact that is not easy, it is not easy making money, is a very crucial kind of making money.
You need to sharpen your knowledge and skills first before going to the battlefield of trading, yes, it seems like a battle because traders have may win or lose in an instant, and when there is prey and predator on the sea which is big first and small fish, in trading do the same. You need to learn first before getting into trading and should be able to do trading and stand on your own feet without relying upon other's opinions.

Rengga Jati

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Quote from: Patigi on November 19, 2021, 04:44:41 PM

Before getting into trading you need to sake for some knowledge on cryptocurrency, you need to understand the market of cryptocurrency. ...

exactly, knowledge is the basic thing to have before entering to trade cryptocurrency and also all things.
Moreover, we also know that if we don't have any knowledge about cryptocurrency, we are only likely gambling, only willing for lucks, and will probably face any scams or frauds.
Btw, besides knowledge, we must also have good emotion management so that we are ready enough to trade crypto. For, crypto is high risk and everyone needs to be careful, not being too easy to panic. Of curse, wisdom is also very important to define which is best for us when trading.

Patigi

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Before getting into trading you need to sake for some knowledge on cryptocurrency, you need to understand the market of cryptocurrency. You also need to know more about coins graphs, to know how it goes up and how it come down and when to pick again, So this are the things that can help you be a good trader. And before getting into trading you need to have huge capital so you will be able to trade different coins. And when trading you don't spend from your capital if not you will not understand your trading and you will end in losing.

livingfree

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Quote from: ?? on ??

While trading may seem easy, in reality it is a big job where you have to have experience, knowledge and current information and you have to manage the trade with the knowledge created by combining them. In the developed world, various education or training arrangements are also made for it. There is so much to learn here. Wealth is your responsibility to increase it as well as your responsibility to protect it. ‍So learn first.

With technology, it's easier to educate people about trading and that's why newbies have a lot of resources where they can learn about trading.

The principle of it can be learned because it's found everywhere but to get experience is more necessary amongst them all.

LUCKMCFLY

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Quote from: Torps1 on November 08, 2021, 04:02:49 AM

Quote from: amirahmed on October 20, 2021, 06:10:22 AM

Is it really necessary to take a course before getting into trading?

Sure... That's the first step forward to a successful trading experience. Trading isn't as simple as it may appear, so the best thing is to seek and acquire knowledge. Any trading journey without prior knowledge is liable to fail.

Acquire the needed knowledge, practice on demo as much as possible to gain experience. When you're ready for the task, no one will tell you but you will have the conviction yourself.
Trading is sweet when you get it right.

Wish you a happy trading experience

My advice is not to start a course until you have read at least 3 books that tell you about the market in general, the idea is as follows, if we have clear arguments about how the market is moving, we can give faith that some information they have to do with the market, with trading they can be discarded, in fact when looking for information on the web about learning trading, what is most achieved and sold to you in the academies is technical analysis, the use of many tools and indicators to analyze the market, but nobody explains to you why the market moves like this, what whales think, how certain news influences and its effect, as well as many important factors such as the correct reading of the volume, if you read books you will already have another type of information that it will help much more than learning in an academy.

chanler

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if you really want it and you can afford it then do it because it is also good for increasing knowledge. but before that you can learn trading from the web, books or youtube where you can get it for free. if you take a course make sure the course is trustworthy so that you also get the knowledge about trading as you want. do what really makes you able to increase your knowledge about trading because trading requires sufficient knowledge to be able to do it well.

Hobo66

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Obviously you must first gather information prior beginning to trade. Experiences is what makes a man perfect. So if you are newbie you should talk to your pals about crypto. watching videos might also provide useful information. individuals should keep the objective in mind whenever he is going to start trading.

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Quote from: taufik123 on November 11, 2021, 06:52:27 PM

Initial knowledge is really needed. Plunging into the world of trading is not an easy matter, because trading requires basic knowledge of how to trade correctly to make a profit. Trading will not always win, but even so we must also be prepared to minimize losses or losses that can occur.

Gaining basic knowledge will be possible for anyone when they are getting into to live market and for this they do not need any capital at all. Just watching the live market and figuring out the patterns on watch how market is fluctuating definitely will help anyone to start learning about the basics of crypto trading.

These days most of the crypto exchanges are not offering demo accounts for practice purposes which is the reason experts are suggesting to go for live market with small capital so that you will start trading for the small positions which will help you to learn the market things in real time.

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Quote from: Fredomago on November 11, 2021, 05:40:01 PM

-snip-
Having the right knowledge will guide you to increase your chance to succeed. Though it's not a guarantee that you will always have a winning trade, but the chance to have more winning trade than losing one is very possible to take place.

Initial knowledge is really needed. Plunging into the world of trading is not an easy matter, because trading requires basic knowledge of how to trade correctly to make a profit. Trading will not always win, but even so we must also be prepared to minimize losses or losses that can occur.

Fredomago

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Quote from: Torps1 on November 08, 2021, 04:02:49 AM

Quote from: amirahmed on October 20, 2021, 06:10:22 AM

Is it really necessary to take a course before getting into trading?

Sure... That's the first step forward to a successful trading experience. Trading isn't as simple as it may appear, so the best thing is to seek and acquire knowledge. Any trading journey without prior knowledge is liable to fail.

Acquire the needed knowledge, practice on demo as much as possible to gain experience. When you're ready for the task, no one will tell you but you will have the conviction yourself.
Trading is sweet when you get it right.

Wish you a happy trading experience

Well said, acquiring the right knowledge is the same as equipping a soldier in time of war. Holding the right tool to secure yourself during the war is the very first thing a soldier will think. And so with trader too, before you engaged yourself to this business, if you don't want to lose your money during your stay, better to find the best venue to educate yourself.

Having the right knowledge will guide you to increase your chance to succeed. Though it's not a guarantee that you will always have a winning trade, but the chance to have more winning trade than losing one is very possible to take place.

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