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Topic: Before getting into trading - page 6. (Read 745 times)

legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
October 24, 2021, 02:44:36 PM
#60
Is it really necessary to take a course before getting into trading?
The books or courses could help you theoretically to gain some information about the market rules and strategies and give you idea about how market works but speaking frankly when you enter the real world market you see lot of new things and slowly you learn from your mistakes.I have seen some successful traders who were not educated and they all learn while trading and gaining experience from mistakes.The courses are extra source of knowledge but only if they are correct but you will learn lot yourself.

It is important to know all the basic and thru time you will be able to enhance your skills, books and all those materials in learning this business are all important, you have to work with your knowledge and make sure that you are involving yourself into this market, participating to experienced the knowledge that you gained.

It's always better to have everything set in place before jumping to any field, either business or investment. Trading is not an easy venue to become reach but a good tool to succeed if you are really aiming for a better financial wealth.
full member
Activity: 1834
Merit: 166
October 24, 2021, 02:14:09 AM
#59
Is it really necessary to take a course before getting into trading?
The books or courses could help you theoretically to gain some information about the market rules and strategies and give you idea about how market works but speaking frankly when you enter the real world market you see lot of new things and slowly you learn from your mistakes.I have seen some successful traders who were not educated and they all learn while trading and gaining experience from mistakes.The courses are extra source of knowledge but only if they are correct but you will learn lot yourself.
legendary
Activity: 2534
Merit: 1338
October 23, 2021, 04:59:37 PM
#58
Is it really necessary to take a course before getting into trading?

If you are willing to spend time browsing, reading, and studying all about trades, there are now several articles and videos you can refer to. Start with the basics and slow progress on the way.

But if you want to take a course, it's not a bad decision if you want everything as organized and has someone to assist you.

It really depends on you, are you willing to spend money on a course or try to learn trading by yourself.

Personally I think it is a bad idea to take a course as a newbie, it is better to learn all what we can on our now for free on the internet and only once we have a solid base then paid courses would be over the table, I say this because there are courses out there that are scams and offer you very basic information for the money you are paying, but for a newbie all of this is new and they are impressed by the knowledge they received, but if instead you learn on your own first then you will realize those courses are not good for you and then you will only pay for information that is actually worth your time.
hero member
Activity: 2856
Merit: 674
October 23, 2021, 01:21:21 PM
#57
I don't think is really necessary. Although, is important for someone to have at least a little knowledge about the Crypto world, before jumping into trading. You can do research on Cryptocurrency on the internet, read articles about trading. It will help a long way. Then, when you have gotten into trading, with time you will basically learn new things. For example, I started learning about trading through watching trading tutorials on YouTube. Also, one thing to note is that been a Crypto trader involves patience.
I also agree that learning trading should not be costly in the first place because the best resources are already found in the internet and they're free so its up to you how to explore them and make them useful and helpful to you. Not just you but a lot of good traders have started learning in trading independently, with no professional traders to lend on. Well, its a bonus for you if you have a friend that is good in trading and will offer to help you, but for those who are just dependent on the internet alone, without getting any course, i know things will really work out as long as you know how to apply those basics in real trading. Once you have the experience, then it will be your best teacher then.
sr. member
Activity: 1218
Merit: 279
October 23, 2021, 01:01:37 PM
#56
I don't think is really necessary. Although, is important for someone to have at least a little knowledge about the Crypto world, before jumping into trading. You can do research on Cryptocurrency on the internet, read articles about trading. It will help a long way. Then, when you have gotten into trading, with time you will basically learn new things. For example, I started learning about trading through watching trading tutorials on YouTube. Also, one thing to note is that been a Crypto trader involves patience.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
October 23, 2021, 07:45:03 AM
#55
Not necessary at all. In fact, avoid those. Most of those classes are just waste of money. They give you information that you can find anywhere on the internet without any cost. Then there are those articles that will mislead you and try to make you invest in shitcoins or use certain exchange that they are promoting. Just google a little. Understand the basics and start trading with small capital. You will eventually get used to it and learn new stuffs on your own while trading.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
October 23, 2021, 05:00:30 AM
#54
Is it really necessary to take a course before getting into trading?
It is absolutely not necessary but it is recommended incase the kind of trade you wish to go into requires it, for example, Forex trading, taking some time out to go through some training in forex is highly recommended to enable you gain knowledge on some fundamentals and meaning to the various abbreviations in trading.
But when we come to crypto trading, I personally don't think you need any trading course, there are several tutorials out there on YouTube and other sites, you can use them to learn the basics, every other thing you will need to know, you will learn them in the process.
legendary
Activity: 2268
Merit: 1655
To the Moon
October 23, 2021, 04:25:56 AM
#53
Is it really necessary to take a course before getting into trading?

Everyone has the opportunity to gain knowledge in two ways: for money and for free. If you have the opportunity to engage in self-education, then you can choose the second way of learning. But using paid courses, you will get the necessary knowledge for trading in much less time.
sr. member
Activity: 1666
Merit: 268
October 22, 2021, 05:21:09 PM
#52
Is it really necessary to take a course before getting into trading?
All will depend on your knowledge about trading crypto or forex I added forex because if you have a good knowledge FX trading then you really don't need any training for you to start trading crypto currency. If you don't have any knowledge about trading and you just want to start trading then you will need to take a course online which will help gain knowledge of technical analysis and fundamental analysis of the market. Although, not necessarily certificate course but there are some site that provides such services.
When you do have already have experience towards forex or stocks market then learning up this crypto space wont be that much of a problem.All you do need to do is to adjust up
on your trading indicators because price do move on high percentage or higher scale compared into those traditional markets that you do knew.
Just like me on where i had joined up this market but at least have some knowledge on markets which did really make it simplier since you had familiarized everything.
All you do need is to adjust though.

Many people think crypto and forex are two different things, even though they both have some things in common. As both are done digitally,
so it does depend on the internet to be able to do it. And other similarities, both crypto and forex have volatile prices to be able to generate profits,
although crypto tends to be more volatile in price. So from that reason, if we were previously used to forex trading, it will not be difficult to trade crypto.
Maybe just make a few adjustments, in contrast to people who really have never traded anything at all. That's more preparation to do, because there's
a lot to learn. But that doesn't mean that people who are successful in forex trading are 100% guaranteed to be successful in trading crypto.
Although the two have similarities, they also have differences, and not everyone can quickly make adjustments. So depending on how quickly
we learn the differences that exist in crypto, then never take crypto trading easy.
sr. member
Activity: 1008
Merit: 308
October 22, 2021, 04:55:16 PM
#51
Is it really necessary to take a course before getting into trading?
All will depend on your knowledge about trading crypto or forex I added forex because if you have a good knowledge FX trading then you really don't need any training for you to start trading crypto currency. ~ Although, not necessarily certificate course but there are some site that provides such services.
Yup, the basic knowledge for both crypto and forex trading is quite similar particularly on technical analysis. In case someone already had experience in forex then I believe s/he no need much effort to learn everything from the beginning, it might just need to take some times for being fully adapted to the new environment.

~ Although, not necessarily certificate course but there are some site that provides such services.
Certainly, it isn't necessary if s/he does trading for his/her own sake unless s/he aiming becomes a professional were to work under a company.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
October 22, 2021, 04:31:05 PM
#50
Is it really necessary to take a course before getting into trading?
All will depend on your knowledge about trading crypto or forex I added forex because if you have a good knowledge FX trading then you really don't need any training for you to start trading crypto currency. If you don't have any knowledge about trading and you just want to start trading then you will need to take a course online which will help gain knowledge of technical analysis and fundamental analysis of the market. Although, not necessarily certificate course but there are some site that provides such services.
When you do have already have experience towards forex or stocks market then learning up this crypto space wont be that much of a problem.All you do need to do is to adjust up
on your trading indicators because price do move on high percentage or higher scale compared into those traditional markets that you do knew.
Just like me on where i had joined up this market but at least have some knowledge on markets which did really make it simplier since you had familiarized everything.
All you do need is to adjust though.
member
Activity: 267
Merit: 11
October 22, 2021, 04:09:20 PM
#49
Is it really necessary to take a course before getting into trading?
All will depend on your knowledge about trading crypto or forex I added forex because if you have a good knowledge FX trading then you really don't need any training for you to start trading crypto currency. If you don't have any knowledge about trading and you just want to start trading then you will need to take a course online which will help gain knowledge of technical analysis and fundamental analysis of the market. Although, not necessarily certificate course but there are some site that provides such services.
newbie
Activity: 3
Merit: 0
October 22, 2021, 03:46:50 PM
#48
I dont think that trading is something that can be learned from someone and teach by someone.
Before getting into trading you definitely should understand that it will take almost all your day on this if you want to get some profits, its more than USUAL WORKING DAY 9 to 5. Its 24/7. You need to track situation on a market every 30 minutes, last case with binance (https://www.bloomberg.com/news/articles/2021-10-21/bitcoin-appears-to-crash-87-on-binance-in-apparent-mistake) proofed this. You should be able to catch an opportunity in anytime. Before I started I was understanding that I need to choose a proper broker, which can offer some educational material, good accounts for newbies (like exness for example, I dont use their standard account anymore, currently using this type) and of course any broker you go for should be trustworthy to not spoil your first impression on trading.
Before getting into trading you also should do a research on best influencers on this market, Kunal Desai was the first one in my trading career and he really helped me, you really need an experienced guy near your shoulder to not get mad&lost in a messy market situations.
sr. member
Activity: 812
Merit: 272
October 22, 2021, 03:38:49 PM
#47
I have to say that there is a good case we could say "self learning" as what we do ourselves and not what we learn ourselves. Like for example if I am reading a book written by someone, that is still self learning, if I am watching a youtube video, that is self learning, if I am checking others trades, that's self learning. Self learning basically means not having a teacher or a course path and you doing whatever you want in the world to learn something.

I personally believe that we are doing fine right now and we will probably be doing fine a long time as well, there is really nothing that keeps me in check right now so I doubt I would ever follow anyone else's path, that's self learning.
legendary
Activity: 3248
Merit: 1179
October 22, 2021, 03:15:20 PM
#46
Well not really necessarily, but it will really help you and protect you from loosing a lot of money. Learning before starting everything, always make it easy for someone to make progress, likewise in trading, if you have basic knowledge and skills about where and how to trade, it will be a plus and an advantage towards getting more profit and also prevent you from loosing ignorantly.

I agree with you, it's not necessary, and will it help or not depends on the course itself! I think that many courses are there just to suck money out from people, just some of them are truly good, where you can actually learn something practical and new!
And before paying for a course people should check all those "free things" around! If someone really wishes to learn can start from watching some free videos with basics, move to forums and talk with experienced people about what you didn't understand, and in the end practice all the time, if you can spare some money for learning start with real and if not then demo will be good too!
member
Activity: 742
Merit: 30
October 22, 2021, 01:22:18 PM
#45
Well not really necessarily, but it will really help you and protect you from loosing a lot of money. Learning before starting everything, always make it easy for someone to make progress, likewise in trading, if you have basic knowledge and skills about where and how to trade, it will be a plus and an advantage towards getting more profit and also prevent you from loosing ignorantly.
sr. member
Activity: 658
Merit: 270
October 22, 2021, 01:09:50 PM
#44
Is it really necessary to take a course before getting into trading?
That depends, but if you have got no idea on what trading is all about and how it works, then it wouldn’t be bad if you can take out time to take the course. And if you’re going to be taking a course on trading you should make sure that you’re taking the course from the best teacher, because if at the end of the day you don’t understand what you’re thought, then it’s all waste of time and money.

There are some teachers that are not really good at teaching and can’t really break it down to the level that everyone would understand, so I am going to advise you to make sure that you look for the best.
hero member
Activity: 1316
Merit: 502
October 22, 2021, 10:49:55 AM
#43
Depending on your analytical skills, it is better to take a course for trading. This course will give you broader knowledge and skills in trading. Some courses are not provided for free, some are paid. The most important thing in following the course is the instructor, we must look for instructors who really have extensive knowledge.
We should transform into apprentices, not from the perspective of students and need courses because instructors with enough depth don't sell trading courses, what they sell are slots to join their sharing group, more precisely, we become their parasites when working with them, there are benefits in parallel but fate may not be ours from this point on. So an apprentice can be the easier definition, learning from the sharing from countless online videos, gradually, we will realize the truths and trading plans that are extremely suitable for our core
sr. member
Activity: 2296
Merit: 348
October 22, 2021, 08:52:58 AM
#42
If you are willing to spend time browsing, reading, and studying all about trades, there are now several articles and videos you can refer to. Start with the basics and slow progress on the way.
Self learning is something which is not feasible for most of the beginners because they may not find enough time for learning as they will easily lose focus. So, having a mentor must be very good option in my opinion so that you will get all the needed things in an ordered manner which will help you to get ready to trade in real market as early as possible.

if you want to take a course, it's not a bad decision if you want everything as organized and has someone to assist you.
Just having a friend who is already into trading environment for years will definitely could help beginners to get start with the learning process of trading. I mean the alternate for self learning may not be taking a paid course.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
October 21, 2021, 06:52:09 PM
#41
Is it really necessary to take a course before getting into trading?

If you are willing to spend time browsing, reading, and studying all about trades, there are now several articles and videos you can refer to. Start with the basics and slow progress on the way.

But if you want to take a course, it's not a bad decision if you want everything as organized and has someone to assist you.

It really depends on you, are you willing to spend money on a course or try to learn trading by yourself.
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