Topic: How long to learn trading? - page 7. (Read 2068 times)

There are many sites we can learn how to trade without having any difficulties. Trading is more of practical tham focusing on the theoretical aspects. We need learn trading not just from one single site or person so that we are not going to be limited to a particular aspect of trading. Since the crypto market is very volatile and risky for us to make financial decisions, we need to learn trading rigorously so that we can be fit at any aspect in trading be it fundamentals or technically. These are the major areas we need to focus on for us to be a better trader on what trading is based on.

You don't need to be well educated actually for you to become a successful trader. But traders with prior knowledge about the crypto market will always gain an edge over those know nothing traders. But trading does not end in acquiring knowledge but he needs to be more exposed in trading through experience. As experience will always be the best teacher, but it also comes with proper guidance not only in your funds that will serve your capital, but also  in honing your skills on how to analyze the market and its charts, and on adopting the right attitude towards successful trading. If you have been doing this, you will most likely learn to faster than others.

However, trading always takes time. It may take even couple of years before you can be considered a successful trader. Although trading might be learned through weeks or months, but the challenge to overcome the risks in it is the hardest part, most especially on winning every time you decide to trade.

Trading is the same skill as drawing, coding, designing etc. So answer will be next - everyone is unique. Someone needs X time to become good, while another person might need 2X time. Going back to the trading. It took me around 2 month to become a bit more confident about my trading skills and what I do, after 3-4 month I completely lost feeling of "wow, I am wolf of wall street" and it was the most important moment, because trading requires "cool head" and less emotions help to make rational and logical actions. However, my experience may differ from someone's else. I have a few trading mates who had fully another path. One guy spent around half of the year to become confident in his understanding of exchange, strategies etc. Second guy was quicker than me, he went through stages that I mentioned above twice quicker. The most important is simply start, after you will gain experience and that's it (P.S. when you start your trading journey, I recommend to allocate small % of your savings to practise and add more after you get some practical experience and positive results). The hardest thing to learn was discipline and emotional control. But practice-practice and again practice helps to become better in your field. Hopefully my answer helped you, if you have any questions and think that I might be useful to you - feel free to ask me! Good luck, mate!

You are been too confident about how trading is learnt. I hope you know that impacting knowledge is subjective, if it takes you less than a month to understand everything about trading, it can take another person presumably 4 months and perhaps 2 weeks for the genius. We have people like that with very intelligent and fast learning skills. However, I think learning trading and understanding the technicals is not the main problem, the main challenge is how are you going to be consistent in making profit by the time you transform from normal learner to independent trader.

Even strategy of the market changes as the we move from bull run to bear market, the way people makes money and print usdt is very easy as compared to bear market. Even the you tubers that makes all sort of videos to impress new traders don't trade most of the time like this. To understand trading fully, you need to be there because what you learn are theoretical, doing the trading yourself in practical way is the real deal of trading.

In my opinion, this will really depend on the individual's ability to understand how to trade and various things related to coin analysis, prices, markets and opportunities. Each person's understanding will be different. there are those who can understand and adapt to trading more quickly, there are also those who are slower. Each person's level of focus is also different. It could be that someone only needs 1 month to be completely ready, and someone else needs several months.

For example, for me personally, I have been studying trading for months but I still can't really understand how to optimize technical analysis and other things in trading. So even several times I tried to trade, the results were still the same, namely I still passed optimally when trading.

On the other hand, my friend studied almost at the same time as me or even before me, but for now to be honest, his trading skills are very good and better than mine. focus, consistency, commitment, and several things or factors when learning trading are very influential and he has more of them than me. So yes, it's natural that I will be slower to be able to trade well compared to him. So it's clear that this isn't just a matter of time.

It's true, and I agree with what you say: the length of the month or time is not a measure for us to learn here in trading. Because there are other people, no matter what you teach them, if they don't have a source or will to know it, they won't really understand or absorb it.
My experience was about 2 years before I really understood trading here in cryptocurrency.

Because what I'm doing is studying and reading, but I'm not taking what I'm studying to heart, the result is that the effort and time I put in are ignored. I only understood it when I took the initiative to find out about it myself, and you are right, even if it is basic, you will understand it immediately.

Wrong decisions are inevitable specially that we are really that just starting with trading, there's no fast pace on doing so because everything would really be just that depending on how fast you would really be that learning things along the way and it isnt something that would really be that so simple. Learning trading does really takes time and tons of effort and lots of understanding on what you are dealing with because if not
then there's no sense of direction on which you would really be that going. How long is really that something that would really be just that depending on how a certain individual would really be able to learn things up.

We know that each person does have that different ways or methods on handling themselves into things on which it would really be turning out that there would really be moments that easily could caught things and adapt
accordingly and there are people who do realyl struggles when it comes to this matter on which means that the fast way on learning will really be determined by different factors on which it could
possibly affect a certain individual.Not all would really be having on the same mental alertness, emotion handling, familiarizing and everything that could possible apply
on learning trading. THere's so much needed up to learn along the way.

but the basic learning isn't enough for us to learn the other side of the market and trading that will mostly brings us to some sort of wrong decisioning.
though we need to only understand this whole forum as the complete ideas and knowledge lies in here.
this forum have complete sections for everyone to learn and if that will be our main goal then surely it will come.,
also like you said , there are lots of books available online and also there are schools now that offers good education for traders or potential traders.
I let my Son enroll now in one university here as he keeps pushing to understand closer the trading
so yes now he is a student and hope that in the next coming months he will have a deep understanding and great knowledge about how to trade.

You make a reasonable argument in stating that even a nine-month trading school does not guarantee someone will become a skilled trader. Trading does, in fact, need a combination of abilities, techniques, and the ability to read the market. Acquiring proficiency frequently takes ongoing study, practice, and, as you indicated, building a trader's intuition, which might take time. It is not usually a rapid procedure that can be mastered in a matter of weeks. While a professional trader may provide advice, shortcuts to trading success are rare, and the route frequently requires a lot of trial and error.

What you said is correct and true, however you can acquire something nice from another viewpoint that will help you gain an understanding of trading in the crypto world. Because when we study it, we must do so with dedication and passion.

Having a tutor is also irrelevant if they don't have them. That is why, even if no one else taught them, they still learnt because of their drive and desire. They worked hard to discover stuff they didn't know before. As a result, it is also dependent on the determination of the individual who wishes to learn.

Yeah I learned that trading is a unique journey for everyone. Mastering the strategies might take a couple of months, but the real challenge lies in your discipline like how you manage your emotions and finances, aside from the strategies. I know some people who gained profit after a year and some after years, I mean I think its because they have different priorities.

Depends on the person of course, I personally prefer to learn it by myself without a tutor but if you think that others would have easier time with a tutor then you could be right, I am not going to argue against that. My point was that you are learning from someone else one way or another, if you have a mentor then that mentor is explaining to you how you should trade and what things mean, but if you are "learning by yourself" then you might be watching a youtube video of someone, isn't that also learning from someone else too?

I would guess that in either case you are learning from someone else anyway, so I would rather find the material that I like to find and then study that instead of being limited by some mentor who would teach only his way that worked for him, because what may have worked for someone may not work for me at all.

It's better to have no limitations on your studying because it would result with different opinions and you will have the chance to pick whichever fits you better, after finding that one which fits you and your character the best then you will start trying to build something that could make some return and could be a greater profit in the end for you.

Actually, the tutor doesn't make you a professional trader in 9 months, he just teaches you what he knows about trading. Becoming a professional trader or not is a different thing because there are so many people out there who take trading training, but their ability to generate profits varies from one to another. A professional trader uses many methods to base all the decisions he takes in trading, and the most important thing is his instinct to read the market, yes.. a professional trader has good instincts.

You can’t assign a timing to trading as, it is based on individual differences. Some are fast learners while some are slow learners and other just don’t get to learn at all. I would say, you shouldn’t confuse the time it takes a tutor yo teach a course to be the same with how long it would take for an individual ti fully comprehend with practical skills on how to execute trades and have more profit from it.

I rarely trade and as such, I wouldn’t offer enough insight on it but, I’ve been trading for sometime now, made some profits but, it’s far from expectation and I can’t consider myself to be done with the learning process still. I’m still deep in the learning process since I started early last year and would continue the process still.

It really depends on the individual and how quickly they can grasp new things, you know? Learning how to trade is just the beginning, being profitable is a whole different ball game. You can learn a strategy in a month or two, but that doesn't guarantee profitability. It's all about psychology, discipline, and risk management. Those are the keys to long-term success in the market. Understanding the psychology of trading is all about self-awareness, and that's what takes many people years to master. But if you're eager and ready to learn, I think you can become profitable within 6 months to a year. Keep at it

This happens in different ways for different people, there are people who are able to independently master new material very well, of course, for such people it will not make much difference whether they study the subject of interest on their own or not. But there are those who can stop at elementary points and without outside help they will not be able to move further, or will master this subject relatively poorly.

I tend to think that the average person will get better results if they work with a tutor than if they study the material on their own. It also depends on how high-quality material they can find for study. I think that if you want, you can find almost everything that might be interesting to you.

Maybe that depends on the individual who wants to learn trading in crypto. There are other students who do not take what they are studying to heart. Is it the type where you just memorize but don't know the context of what you know? You just went through a lesson, but later you will forget what you studied.

It's unlike that; once you come across something you discover, you can't get it out of your mind because you have the interest and passion to learn. I was also a year or more before I really had an understanding of reading chart trading, to be honest, and I'm not ashamed because at least I learned to understand it somehow, even now that I'm still studying it.

It's not actually hard to learn trading knowing there are already steps being set to follow when trading. For me, trading for weeks or a month is good enough. But when you say profitable trading, that one should be learned the hard way. Most likely it will take years before you can consider yourself as a reliable and profitable trader, and it takes a lot of experiences to make you learn out from all your varied mistakes and losses. Believe it or not, even professional traders still cannot assure consistent profits when trading as they still experience some inevitable losses that are definitely hard to avoid.

Moreover, learning trading does not only focus on the learner/trader itself as the capacity and expertise of the mentor also counts. If the mentor trader can easily goes down to the level of the learner at first, I think that is a good strategy for the trader to learn quickly as the mentor can easily asses on what needs to be improved to become a successful and profitable trader.

How long? I think, as an experienced trader, forever, why? Because even if you earn from trading, your technical analysis or execution of your skills, such as chart mapping or indicators, will never have 100% accuracy, and your input will still have a margin of failure. I'm not saying you will need 100% accuracy to earn. It's just that the crypto market, or the market itself, is unpredictable sometimes. Even if your mapping is good, the market could be affected by many factors. There will be a lot of losses in the trading journey; it's up to you how you cope with them if you can take them. Trading requires more than just technical or analytic skills; you should have a strong mind to take the losses. Even I, an experienced trader, sometimes feel like a failure, but that doesn't stop me from achieving my goal, which is to be a successful trader mainly in crypto.

How long? Well, the answer will depend on how long we adapt to the market condition and when we are fully confident that we can perform well.
But for me, it doesn't matter if ever it takes 1 year for at least we know that we are not wasting our time doing this and see results from days, months, or even years of learning. Learning about trading is continuous, the more we do actual trading, the more we learn about it.

So, if we think there are shortcuts, well, there are but we couldn't think the output of our trades is good and profitable, it is for sure more on losses.