Earning From Trading Without Any Professional Knowledge - page 3.

Danydee72

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Quote from: Sunrise360 on September 18, 2022, 08:21:56 AM

I do want to know if it's possible for a starter to gainfully earn from Crypto trading without having to go through a professional training.

There is no such thing necessary like "professional training" or "professional knowledge" in a sense you need to pay for it. Learning by doing: You may start reading articles about simple strategies like gridtrading or "buy low / sell high". Whatever you prefer. There are a lot more. Keep things simple in the beginning, start low and begin to learn with your earnings (or losses). Don't hesitate to ask.

One thing I would advise, is to become aware of yourself. What you like to do? How much time you like to invest? What about your money: Do you like to invest a small amount every day/month or a big amount in one time? Are you eager to learn? Questions like these leads to a plan. And there is nothing worse than to have no plan. And then (quote by the A-Team): "i love it when a plan comes together".

inthelongrun

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Quote from: Bhig Daddy on September 22, 2022, 09:38:22 AM

No, that is not feasible. Without formal training, your only other option for making money in trading is to simply buy and hold your positions. Professional training doesn't always entail receiving instruction from an expert; instead, it refers to continually honing your own skills using any profitable trading strategy and making numerous trades until you are confident in it. The only method to profit from trading is in this manner.

What you mentioned as professional training is informal training or self-study. So yes, it is feasible to become good and earn decent returns in trading without the need for a professional expert.

Most people I know that are good traders learned it for free and without experts guiding them. It's more on the willingness and dedication to spend time and make effort in order to learn the many strategies and techniques in trading. Because everything can now be seen on the internet nowadays if we only have the diligence to look for them.

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Quote from: Finestream on September 22, 2022, 04:23:06 PM

Quote from: Luqman on September 19, 2022, 06:50:11 PM

Quote from: Sunrise360 on September 18, 2022, 08:21:56 AM

I do want to know if it's possible for a starter to gainfully earn from Crypto trading without having to go through a professional training.

I think it is very difficult to earn profits if you don't have sufficient knowledge. You don't need to have professional training, just learn everything about trading yourself. At least, you know how to trade properly. You also need to know how to read price chart patterns & analyze the fundamental aspetcs. If you already understand these things, you may have a good chance to earn profits.

Trading do not guarantee profits even if you have done professional training. It is just a basic requirement for you to be aware on the real scenarios in trading. Other than that, if you still have no sufficient knowledge and skills gained, you will never make good amount of profits. However, with acquired experiences and build strategies from trading, you will eventually become a pro trader and from then you will start earning massive profits in trading.

I agree. Professional training doesnt guarantee to gain or succeed in trading, however it's a stepping stone in order to be a kind of trader who's knowledgeable and aware of what to expect in trading. If you're a newbie you can learn on your own by exerting an effort since almost everything that you need to know is already on the internet. Reading articles or watching videos are a big help for a better understanding, because this is how I learned about trading. Then, having an experience and mistakes will give you a lesson to come up with new strategies that you can try the next time you trade.

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Quote from: |MINER| on September 18, 2022, 01:28:18 PM

Quote from: Myleschetty on September 18, 2022, 12:37:26 PM

Quote from: Sunrise360 on September 18, 2022, 08:21:56 AM

I do want to know if it's possible for a starter to gainfully earn from Crypto trading without having to go through a professional training.

It is not possible. Crypto trading is like gambling and there's no way you will win the game if you don't understand the game rules.
You can still make a profit though if you have fundamental knowledge about crypto trading but you need to do it with consciousness for we're in bear market season.

Dude aren't you combine Trading and gambling together!? Gambling is totally dependent on luck and while trading, there is a matter of analysis. And in gambling if you loss the bet you will lost the fund at once on the others hand in trading the loss depends on the market. But I am agree with that some fundamental knowledge can bring some profit but even then it is still risky So it will be better to earn knowledge about analysis and reading chart then go for trading otherwise you may have to face loss.

You guys are both right, because there is some level of risk and luck in both gambling and trading, and this similar characteristic is what makes both of them fall into the same category as (highly risky practice) the only difference is that one can just roll a lucky number in some gambling games like dice and get lucky to win, but same can not be said with trading as one needs to have skills to analyze and open the right trading position even though you can get lucky to predict the direction the trade will go, you still need to have open the right leverage and positions.

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Quote from: Sunrise360 on September 18, 2022, 08:21:56 AM

I do want to know if it's possible for a starter to gainfully earn from Crypto trading without having to go through a professional training.

Is is possible to earn money from trading without having professional training . but you must have basic knowledge about trading . there are huge free Online video course on YouTube and article on many website available . you can learn many critical point from there . but always keep your mind you must do your own research before investing on crypto otherwise you will not able to gain profit every time

Professional training is not really very essential if you aim to be profitable in trading. There are a lot of ways on how you can improve your trading skills, and you can start it through watching free video tutorials in youtube so you can gained a lot of techniques and strategies. Also, you can make a lot of trading experiences if you want because the best teacher will always be your own experience. Do not fear of initial losses, as they are part of your training, and all your mistakes in your experience will always create good motivation and encouragement to exert more efforts in trading.

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Quote from: Sunrise360 on September 18, 2022, 08:21:56 AM

I do want to know if it's possible for a starter to gainfully earn from Crypto trading without having to go through a professional training.

Is is possible to earn money from trading without having professional training . but you must have basic knowledge about trading . there are huge free Online video course on YouTube and article on many website available . you can learn many critical point from there . but always keep your mind you must do your own research before investing on crypto otherwise you will not able to gain profit every time

Earning from trading is certainly hard if you don’t have prior knowledge and experience in it. The reason why you have to be totally equipped with basic knowledge and skills in trading, regardless if you have undergo professional training. So earning in trading will still be very possible as long as you have gained skills and strategies even from video tutorials in YouTube as demo trading will always be helpful if you enter trading.

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Quote from: Luqman on September 19, 2022, 06:50:11 PM

Quote from: Sunrise360 on September 18, 2022, 08:21:56 AM

I do want to know if it's possible for a starter to gainfully earn from Crypto trading without having to go through a professional training.

I think it is very difficult to earn profits if you don't have sufficient knowledge. You don't need to have professional training, just learn everything about trading yourself. At least, you know how to trade properly. You also need to know how to read price chart patterns & analyze the fundamental aspetcs. If you already understand these things, you may have a good chance to earn profits.

Trading do not guarantee profits even if you have done professional training. It is just a basic requirement for you to be aware on the real scenarios in trading. Other than that, if you still have no sufficient knowledge and skills gained, you will never make good amount of profits. However, with acquired experiences and build strategies from trading, you will eventually become a pro trader and from then you will start earning massive profits in trading.

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Quote from: ChiNgadOr on September 22, 2022, 02:15:41 PM

Quote from: Sunrise360 on September 18, 2022, 08:21:56 AM

I do want to know if it's possible for a starter to gainfully earn from Crypto trading without having to go through a professional training.

It is possible if you are a gambler. It doesn't take a gambler much time to learn from there mistake because everything can look like try and error. We can gamble as a trader and if we are very lucky, we can get lucky and earn some good profits from it and that doesn't mean that it will continue for long. Gambling most come with luck which do make gamblers make unreasonable profits from it .making it look like they are skill and know what they are doing. There is no way you can make money in gambling without having to learn some skills which is necessary for a start.

When you are having that kind of behavior on the first place then you shouldnt have touched up trading but rather playing pure gambling instead because you are just basically wasting up your money in something which

does involved higher risk and also you arent dealing with investment anymore if you do have that kind of act which you are really that something on believing that it could really be sustainable but its not.

We do start on being a noob but doesnt mean that we wont really be doing our best to become a better trader or investor as we do gain up experience.
Engagement is on where we do really get that kind of experience we do seek on.

ChiNgadOr

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Quote from: Sunrise360 on September 18, 2022, 08:21:56 AM

I do want to know if it's possible for a starter to gainfully earn from Crypto trading without having to go through a professional training.

It is possible if you are a gambler. It doesn't take a gambler much time to learn from there mistake because everything can look like try and error. We can gamble as a trader and if we are very lucky, we can get lucky and earn some good profits from it and that doesn't mean that it will continue for long. Gambling most come with luck which do make gamblers make unreasonable profits from it .making it look like they are skill and know what they are doing. There is no way you can make money in gambling without having to learn some skills which is necessary for a start.

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Quote from: Wapfika on September 22, 2022, 07:18:23 AM

Quote from: livingfree on September 22, 2022, 07:00:24 AM

The question is like a question that's being googled like this. "Ways of earning without doing anything".
Also OP, don't rely on those trading signals, they might just suck your money from their advises that you'll not benefit.

Newbies should be aware that many will convince them to try or to invest into something, that’s why they need to study so they will not be decieve by so called professional trader. That’s why whenever I have friend who ask about crypto I give them links or ask them to research it on how it will be done, I will say that it’s risky so they better have knowledge before they start investing money since it’s their money at risk so they need to study what they will do in it.

but believe me, not many beginners in trading will listen to it all. more of them just think of going to the market to buy assets and sell them at a profit. many beginners that I meet are always like that. can't wait to find out the information. too rushed to deposit their money on the exchange and trade immediately.

very troublesome when it comes to meeting a beginner like that. but some do have luck. it's not from a skill, I'm sure it's just luck in choosing the right asset. and make a profit.

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No, that is not feasible. Without formal training, your only other option for making money in trading is to simply buy and hold your positions. Professional training doesn't always entail receiving instruction from an expert; instead, it refers to continually honing your own skills using any profitable trading strategy and making numerous trades until you are confident in it. The only method to profit from trading is in this manner.

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Quote from: SaveOurSea on September 22, 2022, 06:20:44 AM

Quote from: Sunrise360 on September 18, 2022, 08:21:56 AM

I do want to know if it's possible for a starter to gainfully earn from Crypto trading without having to go through a professional training.

I am also a trader without going through professional training, and the result is that now I have a pretty good profit,
yes, but with conditions not through futures trading, because futures trading is only for professionals, there are a lot of signals on Twitter and Telegram,
maybe if you have your capital can trade in the spot market by following these signals without having to go through trading training first

It's true that we can learn to trade on our own and don't need to go through professional training, but the results we get are less than optimal,
or take longer to fully understand trading. If you can make a satisfactory profit without going through professional training, it means you are talented
in trading or you learn from a good source. Because usually in order to make a good profit, it takes professional training, in order to really understand
how to trade well. That's why I was willing to spend money to be able to take trading courses, so that I could get professional training.

So in the end it depends on each person, please take the decision that we think is right. Regarding futures trading I agree it is only for professionals,
because it is more complicated and the risk is very high. Then I don't agree that we trade relying on signals from other people, it risks making us lose
money faster. Because there is no guarantee that the analysis of others is better than our own analysis. So crypto trading should be based on the results of
our own research and analysis. Moreover, crypto trading relying on signals from other people will not make our trading skills develop.

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Quote from: livingfree on September 22, 2022, 07:00:24 AM

The question is like a question that's being googled like this. "Ways of earning without doing anything".
Also OP, don't rely on those trading signals, they might just suck your money from their advises that you'll not benefit.

Newbies should be aware that many will convince them to try or to invest into something, that’s why they need to study so they will not be decieve by so called professional trader. That’s why whenever I have friend who ask about crypto I give them links or ask them to research it on how it will be done, I will say that it’s risky so they better have knowledge before they start investing money since it’s their money at risk so they need to study what they will do in it.

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Quote from: Sunrise360 on September 18, 2022, 08:21:56 AM

I do want to know if it's possible for a starter to gainfully earn from Crypto trading without having to go through a professional training.

Trading requires some training if you truly want to succeed but it's not necessarily to be a professional training. It can be either local training through colleagues or with the help of some online courses. Have training in whatever way; practice makes perfection.

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The question is like a question that's being googled like this. "Ways of earning without doing anything".

Quote from: SaveOurSea on September 22, 2022, 06:20:44 AM

I am also a trader without going through professional training, and the result is that now I have a pretty good profit,
yes, but with conditions not through futures trading, because futures trading is only for professionals, there are a lot of signals on Twitter and Telegram,
maybe if you have your capital can trade in the spot market by following these signals without having to go through trading training first

This means that OP even if you don't have experience, you can learn and earn from trading. Just don't do futures trading and avoid it as a beginner it's not advisable for you to deal with it.

Also OP, don't rely on those trading signals, they might just suck your money from their advises that you'll not benefit.

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Quote from: Sunrise360 on September 18, 2022, 08:21:56 AM

I do want to know if it's possible for a starter to gainfully earn from Crypto trading without having to go through a professional training.

I am also a trader without going through professional training, and the result is that now I have a pretty good profit,
yes, but with conditions not through futures trading, because futures trading is only for professionals, there are a lot of signals on Twitter and Telegram,
maybe if you have your capital can trade in the spot market by following these signals without having to go through trading training first

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Quote from: LastKiss on September 22, 2022, 03:01:03 AM

Quote from: rozak on September 22, 2022, 02:13:15 AM

Quote from: AicecreaME on September 22, 2022, 02:03:26 AM

Quote from: Sunrise360 on September 18, 2022, 08:21:56 AM

I do want to know if it's possible for a starter to gainfully earn from Crypto trading without having to go through a professional training.

It's possible, depending on how much precautions you'll take before making any trades. Without doing so, I think you'll experience more losses than winning in trading if you do not posses enough knowledge even as a beginner, that's the truth. You need a foundation to lean on in order to achieve the goal you wanted. Trading is not easy for those who wants to get rich overnight or even in just a short period of time, but if you do have the patient to do so, eventually you'll get in the level where you could make profits easily.

it may happen to lucky people in favorable market conditions. sometimes traders with little knowledge and skills in trading can benefit from luck and instinct.
But the market situation is not good, without adequate knowledge and skills, it will only waste our money. maybe if you don't panic, you can still hold the asset for the long term. but those who do not have reasonable control of their emotions will, of course, walk away at a loss.

I agree that people who have less knowledge will depend on their luck and instinct that's why those people better go for long term investment rather than short term trading. But it would be a pity when we were lazy to learn the basics of trading since we can learn it and there are a lot of platforms that provide a place for us to learn for free.

That's right I think it's also important to learn about knowledge because it's important for the long term,
limited knowledge will hinder us and of course everyone does not like it,
to trade it requires knowledge and skills

Issa56

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Quote from: traderethereum on September 21, 2022, 03:11:54 AM

Beginners can profit from trading crypto but must be able to analyze when to buy bitcoins.

A beginner that those not have knowledge about trading, how will the person know how to analyze a coin, analysis is not what is kind of easy, I believe before you can analyze a coin then you will need to have basic knowledge about trading.

Quote from: traderethereum on September 21, 2022, 03:11:54 AM

Or they can buy and hold bitcoins without using the bitcoins to trade so just buy and hold for a while.

I think you are just giving the user the right advice, the best thing I think the user should do is just to hold, I believe if you can buy and hold bitcoin for long term the you will definitely make good profit.

Quote from: traderethereum on September 21, 2022, 03:11:54 AM

If they want to make a profit, they must learn more to analyze well.

Even if you learn how to analyze coin, you will definitely still lose money sometimes, even professionals that have been in crypto space for long time still lose money. If you can't hold for long term, you will definitely still lose money some times in trading.

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Quote from: rozak on September 22, 2022, 02:13:15 AM

Quote from: AicecreaME on September 22, 2022, 02:03:26 AM

Quote from: Sunrise360 on September 18, 2022, 08:21:56 AM

I do want to know if it's possible for a starter to gainfully earn from Crypto trading without having to go through a professional training.

It's possible, depending on how much precautions you'll take before making any trades. Without doing so, I think you'll experience more losses than winning in trading if you do not posses enough knowledge even as a beginner, that's the truth. You need a foundation to lean on in order to achieve the goal you wanted. Trading is not easy for those who wants to get rich overnight or even in just a short period of time, but if you do have the patient to do so, eventually you'll get in the level where you could make profits easily.

it may happen to lucky people in favorable market conditions. sometimes traders with little knowledge and skills in trading can benefit from luck and instinct.
But the market situation is not good, without adequate knowledge and skills, it will only waste our money. maybe if you don't panic, you can still hold the asset for the long term. but those who do not have reasonable control of their emotions will, of course, walk away at a loss.

I agree that people who have less knowledge will depend on their luck and instinct that's why those people better go for long term investment rather than short term trading. But it would be a pity when we were lazy to learn the basics of trading since we can learn it and there are a lot of platforms that provide a place for us to learn for free.

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Quote from: AicecreaME on September 22, 2022, 02:03:26 AM

Quote from: Sunrise360 on September 18, 2022, 08:21:56 AM

I do want to know if it's possible for a starter to gainfully earn from Crypto trading without having to go through a professional training.

It's possible, depending on how much precautions you'll take before making any trades. Without doing so, I think you'll experience more losses than winning in trading if you do not posses enough knowledge even as a beginner, that's the truth. You need a foundation to lean on in order to achieve the goal you wanted. Trading is not easy for those who wants to get rich overnight or even in just a short period of time, but if you do have the patient to do so, eventually you'll get in the level where you could make profits easily.

it may happen to lucky people in favorable market conditions. sometimes traders with little knowledge and skills in trading can benefit from luck and instinct.
But the market situation is not good, without adequate knowledge and skills, it will only waste our money. maybe if you don't panic, you can still hold the asset for the long term. but those who do not have reasonable control of their emotions will, of course, walk away at a loss.

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