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Topic: Can newbie become rich with trading - page 7. (Read 1941 times)

hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
April 28, 2022, 02:27:15 PM
Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.
I mean it's not for trading. Everything new in this world is really hard to understand if you are not trying to put an effort to understand/learn about those stuff. Same with trading, if you put your effort and spare your time to actually learn to trade then it's not really difficult to trade, your only obstacle is just yourself for limiting yourself from doing something.
member
Activity: 840
Merit: 10
April 28, 2022, 01:30:54 PM
It's not exactly rich, but it's quite possible to make money. For example, I started using the demo account of the Amarkets broker for work, and as a result, I was able to achieve quite good results.
Trading in real account and demo account will have different result , maybe in demo account we have no pressure in every transaction and mentalilty will kept well. but when using real account , the first thing in our mind was how if we suffered loss did we accept this. due this feeling our analisys full of doubt and finally not precision again.
hero member
Activity: 1904
Merit: 544
We are all the pieces of what we remember.
April 28, 2022, 11:43:05 AM
Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.

As a newbie, do not rush to find profits instead look for knowledge and accumulate experience. Most of the newcomers just want to make a profit without having to learn anything. Professional traders, they also start like you are a newbie, over time learn and hone their knowledge even  they have to spend a lot of money in the market to get the success they are today. sSo don't expect profit but focus on knowledge first.
full member
Activity: 2016
Merit: 156
April 28, 2022, 03:48:37 AM
Quote
everyone here could be rich people from trading, its provide alot opportunity to earn money on short time, but the most important thing is about risk. when they decided to trade , did they ready about risk that may also could make them suffer loss too? alot people only talking about profits, but never care about loss possibility.

Many people missed their opportunity to earn well from their investment because they focused more on profit than risk. Take your time to study and understand the risk you are about to take in the community, if it will bring a good income at the end of the investment or losses at the end of the investment. Those professional traders in the market, took their time to study the market price very well before taking the risk to trade their altcoins in the market to make a passive profits. Be more concern about risk than the profit, if you want to go far in profit making in the community which will really help you to grow higher in the community.
legendary
Activity: 2520
Merit: 1721
airbet.io
April 28, 2022, 02:19:29 AM
You do not need to rely on the fact that the coin you bought will grow by thousands of percent. Even if this happens by some miracle, then without knowledge and experience, all profits will be lost in the subsequent trade. Trading is a very complex business that needs a lot of study and hard work, a lot of theory, a lot of practice, and even this does not guarantee you a profit in trading.
Coins with thousands of percent growth will certainly make anyone, including beginners, become rich in an instant if they have it. but if without any knowledge maybe beginners will sell it and will not enter again into trading.
It all depends on how to take advantage of profits well and do capital management so that unwanted things don't happen, such as the balance turning back to zero.

No one can guarantee that in the world of trading, there will always be gains and losses, the most important thing is to understand technical knowledge and fundamental analysis, that's the basic thing to know.
I grew from my ignorance of crypto and trading and continued to learn how to profit from each trade. Getting rich by trading is possible and vice versa.
sr. member
Activity: 854
Merit: 262
Eloncoin.org - Mars, here we come!
April 27, 2022, 04:32:00 PM
Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.
I think newbies can become rich by trading but this can not be done alone, the help of a mentor is needed for a new to trade and become rich. This sounds impossible to me but I think their is a possibility here if the newbie has a person like mentor that is putting him through the necessary that is needed to be done. Trading can be tricky but with the right mindset and help from a superior trader, things can go as smooth as possible.

For a newbie to trade successfully, using robot to trade can also bring good fortune to a trader whether they are newbies or professionals in the market. There are good coins you can use to trade with the help of a robot that can bring good profit even though the market is not fluctuating in the manner it supposed to.
hero member
Activity: 2002
Merit: 578
April 27, 2022, 10:41:18 AM
Unless if you are lucky that you trade that coin and the next day it moons 10,000% or something like that, maybe that would work. However, the chances are very, very, very slim because we cannot predict the chart's movement whether if it's under a minute, several minutes, a day, week, etc. However, there is a good chance that you can get rich in the future if one or more of the coins or tokens you've invested early have pumped up very high.
Trading doesn't include luck, that's just a more rare scenario that may come up when it wouldn't be visible on the chart. Investment and trading are completely different stuff I guess, they can have different meanings and may vary from person to person. For trading it needs focus and patience, for investment patience is totally just the key if you knew and really into it.
I think trading will rely more on our skills and knowledge. it will be more difficult for beginners to learn it. if it's just selling and buying maybe anyone can do it. but to profit from the trading of course requires experience and skill.
beginners who want to learn and focus on trading I think can master it. several communities teach how to analyze the market and how to choose assets for day trading.
Yes, it is. Everything that you wanted to learn if you're new to it will always be difficult, what matters is your persistence to learn and develop new skills or knowledge. I'll tell you, even newbies can profit, but depending on every situation, it wouldn't last unless he just follows his impulses. It requires a certain amount of good behavior to profit and to get more profit in the long term.
legendary
Activity: 2058
Merit: 1295
April 27, 2022, 10:32:45 AM
Unless if you are lucky that you trade that coin and the next day it moons 10,000% or something like that, maybe that would work. However, the chances are very, very, very slim because we cannot predict the chart's movement whether if it's under a minute, several minutes, a day, week, etc. However, there is a good chance that you can get rich in the future if one or more of the coins or tokens you've invested early have pumped up very high.
You do not need to rely on the fact that the coin you bought will grow by thousands of percent. Even if this happens by some miracle, then without knowledge and experience, all profits will be lost in the subsequent trade. Trading is a very complex business that needs a lot of study and hard work, a lot of theory, a lot of practice, and even this does not guarantee you a profit in trading.
hero member
Activity: 2800
Merit: 603
April 27, 2022, 10:09:16 AM
Unless if you are lucky that you trade that coin and the next day it moons 10,000% or something like that, maybe that would work. However, the chances are very, very, very slim because we cannot predict the chart's movement whether if it's under a minute, several minutes, a day, week, etc. However, there is a good chance that you can get rich in the future if one or more of the coins or tokens you've invested early have pumped up very high.
We can't just rely upon luck when trading. If this was just the way we work on our trades, we're not going to get surprised when we lose.
We all have the chance to get rich in trading but it takes time. That is was very unfortunate that these newbies have a slim chance to become rich until they become mature enough and not rely on luck but on their strategies and skills. And we have to understand that trading is not the way to become rich, this might be a reason why we lose a lot. We could have the chance to become rich but never it guarantee everything.
hero member
Activity: 826
Merit: 583
Bons.io Telegram Casino
April 27, 2022, 07:40:00 AM
Unless if you are lucky that you trade that coin and the next day it moons 10,000% or something like that, maybe that would work. However, the chances are very, very, very slim because we cannot predict the chart's movement whether if it's under a minute, several minutes, a day, week, etc. However, there is a good chance that you can get rich in the future if one or more of the coins or tokens you've invested early have pumped up very high.
Trading doesn't include luck, that's just a more rare scenario that may come up when it wouldn't be visible on the chart. Investment and trading are completely different stuff I guess, they can have different meanings and may vary from person to person. For trading it needs focus and patience, for investment patience is totally just the key if you knew and really into it.
I think trading will rely more on our skills and knowledge. it will be more difficult for beginners to learn it. if it's just selling and buying maybe anyone can do it. but to profit from the trading of course requires experience and skill.
beginners who want to learn and focus on trading I think can master it. several communities teach how to analyze the market and how to choose assets for day trading.
hero member
Activity: 2002
Merit: 578
April 27, 2022, 07:25:55 AM
Unless if you are lucky that you trade that coin and the next day it moons 10,000% or something like that, maybe that would work. However, the chances are very, very, very slim because we cannot predict the chart's movement whether if it's under a minute, several minutes, a day, week, etc. However, there is a good chance that you can get rich in the future if one or more of the coins or tokens you've invested early have pumped up very high.
Trading doesn't include luck, that's just a more rare scenario that may come up when it wouldn't be visible on the chart. Investment and trading are completely different stuff I guess, they can have different meanings and may vary from person to person. For trading it needs focus and patience, for investment patience is totally just the key if you knew and really into it.
sr. member
Activity: 882
Merit: 250
April 26, 2022, 05:59:46 PM
The level of work-rate decides this a bit. A newbie that basically focuses on becoming better and better for a whole month could learn so much during that period, and I mean working and not just spending time. I have seen people learn more in 8 hours than some people learn in a year of college education. Which means that if you really put your head into something, study 12-16 hours a day, for a whole month then not only you could learn trading but you could also be on your path to become rich as well. This isn't of course a rule, it depends on each person, some are better at it and some are not.
some people even didnt understand about "working and just spending time" .alot of them maybe only working to spend their time , meanwhile alot knowledge we get if we working and learning in couple hourse we used to. alot hours that we spend daily but it useless when we face the fact on our life. 12 -16 hours was alot time to learn everything, we got best opportunity from this time and set our goal for future as long as we consistent with this learning.
hero member
Activity: 1974
Merit: 575
April 26, 2022, 05:24:51 PM
The level of work-rate decides this a bit. A newbie that basically focuses on becoming better and better for a whole month could learn so much during that period, and I mean working and not just spending time. I have seen people learn more in 8 hours than some people learn in a year of college education. Which means that if you really put your head into something, study 12-16 hours a day, for a whole month then not only you could learn trading but you could also be on your path to become rich as well. This isn't of course a rule, it depends on each person, some are better at it and some are not.
sr. member
Activity: 1050
Merit: 250
April 26, 2022, 05:15:50 PM
everyone here could be rich people from trading, its provide alot opportunity to earn money on short time, but the most important thing is about risk. when they decided to trade , did they ready about risk that may also could make them suffer loss too? alot people only talking about profits, but never care about loss possibility.
legendary
Activity: 3122
Merit: 1171
April 26, 2022, 02:34:13 PM
Trading is a vast technical place where everyone trades for profit but cannot succeed there. It doesn't matter who is new or who is experienced. Those who deviate from the determining track will also have to pay the forfeit.

Trading is a two-way street, anyone can become rich by trading, but also the rich can lose everything! This is a game, so people should be careful what they do, as always when money is involved!
Trading is like everything else, whether someone will become successful or not depends on many factors! In the first place, it's the commitment to trade, to learn something, to constantly research, and monitor everything that can affect the crypto market and the prices of coins and tokens! Ambition to achieve something, patience not to make hasty moves... all this should fit in and stick to some rules and strategies day by day!
While some people lose others succeed in making a profit, it's trading! I will say that experience matters a lot when a situation comes and you need to make a decision, most likely you will make a better decision if you have some experience... without it, you can just wild guess and play on the lucky card, but in most cases that not ends well!
hero member
Activity: 1526
Merit: 506
Leading Crypto Sports Betting & Casino Platform
April 26, 2022, 02:22:23 PM
Trading is a vast technical place where everyone trades for profit but cannot succeed there. It doesn't matter who is new or who is experienced. Those who deviate from the determining track will also have to pay the forfeit.
hero member
Activity: 2254
Merit: 658
Revolutionized copy gaming platform
April 26, 2022, 01:53:36 PM
Unless if you are lucky that you trade that coin and the next day it moons 10,000% or something like that, maybe that would work. However, the chances are very, very, very slim because we cannot predict the chart's movement whether if it's under a minute, several minutes, a day, week, etc. However, there is a good chance that you can get rich in the future if one or more of the coins or tokens you've invested early have pumped up very high.
full member
Activity: 1610
Merit: 102
April 26, 2022, 01:32:53 PM
Every one of the ways to get rich quickly is extremely risky and dangerous. In fact, there is no shortcut to achieving success as well as gaining skills and experience. At present, it is very difficult for newcomers to earn money through trading. Before, there is a comprehension among the newbie to cryptocurrency that it is a simple method for getting rich. On the off chance that they were asked how this going to occur, they don't have any idea. There is a requirement for appropriate instruction about the digital currency market. Individuals are very much aware of digital currencies, yet the consciousness of them as speculation, exchanging resources, exchange sources, and everything should be educated. Somebody might have been fortunate to become wealthy in the transient putting resources into any of the digital forms of money. With that, one shouldn't anticipate that the equivalent should happen to them.
jr. member
Activity: 84
Merit: 1
April 26, 2022, 11:28:35 AM
Who wouldn't want to become rich? If you have little or no idea about cryptocurrencies, I would set more modest goals first. For example, to invest the money in such a way that at least the loss in value is compensated. In order to have great opportunities, you have to take bigger risks more often. If you are completely new, however, I would first and foremost make sure not to invest too much money.
hero member
Activity: 2926
Merit: 570
Leading Crypto Sports Betting & Casino Platform
April 26, 2022, 10:46:23 AM
I see no reason why a newbie will become reach from trading alone. This is impossible but can be possible with better guidelines. If the newbie trades based on trade calls, I think that is better and could be possible compared to when they are trading alone. Trading is difficult and we shouldn't see it as simple as we could think. It's you get the skill and grand yourself well in it before going fully in trading.
It's going to be a process and more on a long process until a newbie reaches his fortune through trading. The starting would be more on the capital for learning.
And how many newbies are willing to lose just for the sake of learning strategies and as well as gaining experience? That's why I think if there will be newbies who will become rich in trading, they're not that much but only those that pursue it despite the bad experience and losses they've acquired.
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