How long to learn trading? - page 3.

bettercrypto

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Quote from: Tomcolor on January 29, 2024, 12:28:23 AM

If you focus more on learning to trade, you will spend a lot of time, but you will not be able to trade profitably. I have been practicing trading since last few years but the losses shocked me. But the more you trade the more efficient you will become so always make sure to trade with small amounts and one time you will be able to trade well. But always keep yourself ready to invest as well because any one place will give you good profit.

The word focus has a different percentage of how you do something you want to study. Now, if you really want to know trading, you must have the willingness to learn, and you must also have 100% dedication, passion, and patience, because, believe it or not, trading is not easy to learn.

And when you start it, you should not stop; instead, just keep going, even if you know in yourself that you are improving or learning, because the more we continue to learn, the improvement in ourselves will also continue for sure.

Synchronice

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Trading is as simple as playing dice. How long do you need to learn how to play dice? You learn it in a minute, so is the trading. Buy low, sell high, that's the only rule of profitable trading. The problem is, how to predict when the price will be low and how to choose the correct time to sell. Simultaneously, we have to keep in mind that it's impossible to choose the best time in both cases, we shouldn't feel guilty if we aren't able to choose the all-time high price point for sell.
Overall, trading is very easy but mastering takes the time. One has to constantly read articles, be the first to read the news, become mature enough to understand how market performs in different cases, i.e. be able to predict what will happen in case of x event/news.

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Quote from: Tomcolor on January 29, 2024, 12:28:23 AM

If you focus more on learning to trade, you will spend a lot of time, but you will not be able to trade profitably. I have been practicing trading since last few years but the losses shocked me. But the more you trade the more efficient you will become so always make sure to trade with small amounts and one time you will be able to trade well. But always keep yourself ready to invest as well because any one place will give you good profit.

We don't stop learning that is why we do see many traders keep making mistakes and they don't know the solution to there problem.
We need to keep learning trading skills and strategies that would keep working for us so that we could keep learning to know more.
It is not easy for us to trade in the market without any lose, we will incur loses but all we need to do is to make sure we look for ways and pattern that will help us recover.

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Quote from: Tomcolor on January 29, 2024, 12:28:23 AM

If you focus more on learning to trade, you will spend a lot of time, but you will not be able to trade profitably. I have been practicing trading since last few years but the losses shocked me. But the more you trade the more efficient you will become so always make sure to trade with small amounts and one time you will be able to trade well. But always keep yourself ready to invest as well because any one place will give you good profit.

Things like that consumes a lot of time especially when you want to learn. And if it is yielding result then it is worth all the time because trading also gives money to. For does that understands it. And you can get some amount of money from trading that can be use to sustain your self. Before you become an expert it takes time but when you are dedicated to something you will do very well. And if you do as suggested by starting with a small amount so that when you lose it you won't have to complain. And if you are consistent then you will start coping with ever the challenge have to be. If you not prepared then there will be a problem with how your trading life will look like.

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Trading nobody is the most professional person in Trading and you can learn finish but you can be perfect and expertise wanting about Trading will learn every day such as life to Omo if you think you have learnt a lot that you don’t need to learn anything more that is wrong there is a lot of room for improvement but at least you just have to get the most basics so you can know your left and right consigning Trading Dohh you should learn the basics of trading for at least a few of a year or more

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Quote from: Stepstowealth on October 06, 2023, 01:09:35 PM

I spoke to a tutor who teaches trading, and he said for his lectures, he teaches for an extended period of nine months for anyone who wants to learn trading from him. Please I like to read the personal experience of some traders here, how long did it take you to learn to trade profitably, and what was the hardest thing to learn? did it take you weeks, months or years? Do you think that trading can be learnt well in a short time like three weeks for a quick trader? Can someone who is a proffesional trader just go straight to the point pointing out what is needed to make a successful trader to a newbie to learn quickly?

I am not a professional trader, but I have been trading for over 10 years myself, talk to full time traders regularly and read a lot about the subject of investing and trading. What I can tell you is that there will never be a point in your life where you know everything about trading and can just relax without ever having to learn something new. Capital markets are very dynamic and changing all the time. It's not only the prices itself that are changing, but also the traders that are active in the market every single day. Which is why we need to adapt and learn ourselves too. The basic of trading you can learn very quickly, depending on the free time you have, you can learn all the important things in a few weeks. What you can't get so quickly is real life trading experience. It's really important to start trading while you keep learning, just start very small to get a feeling for it. Once you are more comfortable and see that your strategies are working you can increase the money.

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Quote from: Bushdark on February 03, 2024, 04:14:13 PM

Quote from: wendty on January 31, 2024, 08:11:02 AM

Trading is not a course to be honest. Yes you can learn the basics of trading or how to read the market etc. But if you ask how to trade? Then it can be learnt by experience only. I will suggest you a basic roadmap. Learn the initial pre requisite for trading. Learn about analysing charts and patterns of coins. When you are done with this, then go for demo trading with dummy money. Once you are confident with this, then switch for real money and trade with minimising the risk.

Even when we become old in trading, we are still learning and learning does not stop. I do learn everyday since the market is not my friend. It will always move in any direction whether such direction is going to benefit me or not. Once we understand what we are meant to do, we don't have to be looking for cheap ways to get things done. I am a trader and I understand the market in some ways but not always. The market can decide to move against anyone anytime.

I agree that the market is hard to predict because the last cycle pattern won't be the same as the current cycle although there are still few common in market movement. Like last cycle we had Covid-19 attack that caused a big down wick to the market but right now lots of people anticipating about recession although it's not going 100% happen but still many people hoping that a recession happen to buy Bitcoin at a discount.

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Quote from: wendty on January 31, 2024, 08:11:02 AM

Trading is not a course to be honest. Yes you can learn the basics of trading or how to read the market etc. But if you ask how to trade? Then it can be learnt by experience only. I will suggest you a basic roadmap. Learn the initial pre requisite for trading. Learn about analysing charts and patterns of coins. When you are done with this, then go for demo trading with dummy money. Once you are confident with this, then switch for real money and trade with minimising the risk.

Even when we become old in trading, we are still learning and learning does not stop. I do learn everyday since the market is not my friend. It will always move in any direction whether such direction is going to benefit me or not. Once we understand what we are meant to do, we don't have to be looking for cheap ways to get things done. I am a trader and I understand the market in some ways but not always. The market can decide to move against anyone anytime.

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In fact, there is no end to learning. Even big big investor and traders learning till now about yrading. Trading is not too easy. For proper trading we have to gather knowledge seriously.
For start trading we have to learn about cryptocurrency market. And then we have to learn about price analysis, we need to learn about technical analysis, fundamental annalists etc.

And for this knowledge we need to study regularly about crypto. And for it there has no any time frame. But i think if anyone study regularly then after one year he will understand everything abou trading.

wendty

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To learn how to trade, you must first of all get your nerves in order. Hasty decisions often lead to failure. You need to weigh everything very carefully and control yourself. It is also necessary to study a lot of trading strategies, their pros and cons. And what about trading tools? They also need to be mastered.

so98nn

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Personal experience for trading? It takes as much time as you could give to it. I mean it never stops mate. You need to keep trying and learning with new trading events all the time. I mean each time I am putting new order I know that I have predictions done using different TA and FA's but you still have to keep watching the trend, make sure you are analysing it 24x7 so that you don't miss out an opportunity to buy or sell the pair at right time.

The crypto market is not easy due to the fact that it's open 24x7! So the experience goes beyond limits.
There is simply no timeline for a trader to learn the new techniques or ever changing situations in the market.

Gladitorcomeback

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Quote from: Tomcolor on January 29, 2024, 12:28:23 AM

If you focus more on learning to trade, you will spend a lot of time, but you will not be able to trade profitably. I have been practicing trading since last few years but the losses shocked me. But the more you trade the more efficient you will become so always make sure to trade with small amounts and one time you will be able to trade well. But always keep yourself ready to invest as well because any one place will give you good profit.

Learn trading but give more time to be experienced trader as those who have learned a lot but have no experience cannot get profit from trading. In trading a person learn about basics, how to read the price chart, from where they will get information about coins and how they will predict the profitable coin.

But still there is not any surety that experienced trader and those who learned well will smoothly win but they will also loss their money with their faulty decision of coins and also the market situations are not always same to offer you profitable outcomes.

wendty

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Trading is not a course to be honest. Yes you can learn the basics of trading or how to read the market etc. But if you ask how to trade? Then it can be learnt by experience only. I will suggest you a basic roadmap. Learn the initial pre requisite for trading. Learn about analysing charts and patterns of coins. When you are done with this, then go for demo trading with dummy money. Once you are confident with this, then switch for real money and trade with minimising the risk.

Tomcolor

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If you focus more on learning to trade, you will spend a lot of time, but you will not be able to trade profitably. I have been practicing trading since last few years but the losses shocked me. But the more you trade the more efficient you will become so always make sure to trade with small amounts and one time you will be able to trade well. But always keep yourself ready to invest as well because any one place will give you good profit.

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Quote from: the rise on January 28, 2024, 11:11:29 AM

if it's just for trading, it doesn't seem like it takes long to learn, but it's different from trading to pursue profits, in my opinion there is no time limit to become proficient in trading, the crypto market situation is very difficult to predict, so in my opinion there is no time limit in trading and continuously learning, we only know and are told the profit side which professional traders say they will not tell honestly how much money they lost in trading

becoming proficient or not in trading is related to the interest and understanding of novice traders in learning to trade. it's not as simple as buying and selling when profitable. So, what happens when you lose?
It's not the market situation that is difficult to predict that makes a trader have to keep learning. because trading continues to develop and traders must continue to improve their skills. One successful strategy used in the current trade does not necessarily mean it will be successful in the next trade. even with the same trading assets. That's what makes traders have to continue to develop their knowledge and experience in trading.

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Quote from: GiftedMAN on January 28, 2024, 11:07:26 AM

Quote from: Stepstowealth on October 06, 2023, 01:09:35 PM

I spoke to a tutor who teaches trading, and he said for his lectures, he teaches for an extended period of nine months for anyone who wants to learn trading from him. Please I like to read the personal experience of some traders here, how long did it take you to learn to trade profitably, and what was the hardest thing to learn? did it take you weeks, months or years? Do you think that trading can be learnt well in a short time like three weeks for a quick trader? Can someone who is a proffesional trader just go straight to the point pointing out what is needed to make a successful trader to a newbie to learn quickly?

There is no specific time to learning, be it trading or whatsoever and I want to also point out that learning is dependent on both the teacher and the learner and the duration of learning trading is dependent on how well the learner can assimilate what is been taught but personally, I think it will take roughly 3 weeks forbone to say his good in trade and I also had someone who lesrnt trading by himself and it took him over 3 months to get well with the process and i also jad someoome who overtime isn't really a fast lesrner but it took him roughly 3 weeks to stay successful in trading and I think that's the point I had to say 3 weeks for an average leaner.

Simply put, traders who can understand how the market works and how to take advantage of the market are considered successful traders. Success is certainly not measured by how much profit is made, but success in trading is when they can make a profit regardless of nominal value. Many traders basically need a lot of time to make big profits, but they don't need a lot of time to understand how the market works.

I think 3 weeks is enough to understand how the market works, but 3 weeks will never be enough to understand everything. Especially regarding price analysis, potential, and so on, they certainly need years to upgrade their skills and hone them.

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Quote from: the rise on January 28, 2024, 11:11:29 AM

if it's just for trading, it doesn't seem like it takes long to learn

Learning the basics will take it easy time.

Quote from: the rise on January 28, 2024, 11:11:29 AM

but it's different from trading to pursue profits

This is right, learning the basics of trading will take you some quick time but applying what you've learned and profiting from it will take time.

Quote from: the rise on January 28, 2024, 11:11:29 AM

in my opinion there is no time limit to become proficient in trading, the crypto market situation is very difficult to predict, so in my opinion there is no time limit in trading and continuously learning, we only know and are told the profit side which professional traders say they will not tell honestly how much money they lost in trading

No need to put a lot of problems to your head as if you're giving yourself limited time to learn trading. I agree, no need for any time limit and learn comfortably whenever you're free.

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Quote from: kojektea on January 26, 2024, 11:30:52 AM

I've been studying trading for a long time but I don't focus on trading, especially analyzing charts or anything like that, I'm also not an active trader, I only trade when I find interesting information, like a small example, the Bitcoin halving, there are lots of sources. sources I find especially on Twitter if I think it has potential I will buy it and keep it

This is called passive trading and it’s really good to be honest. It’s better to trade occasionally I must say. In this manner you will make less losses if you don’t have good trading skills. Now to be specific, there is no specified time limit in which you can learn trading. You will only become good in trading by gaining experience. Hence try to gain as much theoretical knowledge as you can and get better at trading by actually trading in the exchange.

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if it's just for trading, it doesn't seem like it takes long to learn, but it's different from trading to pursue profits, in my opinion there is no time limit to become proficient in trading, the crypto market situation is very difficult to predict, so in my opinion there is no time limit in trading and continuously learning, we only know and are told the profit side which professional traders say they will not tell honestly how much money they lost in trading

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Quote from: Stepstowealth on October 06, 2023, 01:09:35 PM

I spoke to a tutor who teaches trading, and he said for his lectures, he teaches for an extended period of nine months for anyone who wants to learn trading from him. Please I like to read the personal experience of some traders here, how long did it take you to learn to trade profitably, and what was the hardest thing to learn? did it take you weeks, months or years? Do you think that trading can be learnt well in a short time like three weeks for a quick trader? Can someone who is a proffesional trader just go straight to the point pointing out what is needed to make a successful trader to a newbie to learn quickly?

There is no specific time to learning, be it trading or whatsoever and I want to also point out that learning is dependent on both the teacher and the learner and the duration of learning trading is dependent on how well the learner can assimilate what is been taught but personally, I think it will take roughly 3 weeks forbone to say his good in trade and I also had someone who lesrnt trading by himself and it took him over 3 months to get well with the process and i also jad someoome who overtime isn't really a fast lesrner but it took him roughly 3 weeks to stay successful in trading and I think that's the point I had to say 3 weeks for an average leaner.

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