How long to learn trading? - page 9.

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

...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 experience in trading, like other newbies I didn't have any idea about trading and I came here to the community before there was a lot of free training in the trading discussion and beginners and help with the use of the technical indicators and how to use the signals, after that I take a lot of videos in youtube, after that I did my own research and seek for the suitable strategy I made as always a short term trading because the market is good at that point and I know in my self that I'm bad with the short trades because most of my lose came there, and now I become a long term holder waiting for another ATH in the market.

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Quote from: Xampeuu on October 13, 2023, 11:49:11 PM

just like if we use the same trading system and technique, but the results will not be the same, this is a different human psychological factor, what is clear is that each person has their own goals and can carry out their targets according to the portfolio that has been planned, so in the end there will be achieve the same goal. Therefore, real training by doing real trading is highly recommended before we start trading for a living

Of course, if you constantly use the same strategy but don't obtain positive results it is necessary to determine that there is an error in the use of this strategy and the reason for this error. Generally, it is an indisputable fact that the most important reason in such a situation is human psychology. At this point, the person needs to make a correct analysis, gain new experience through their current strategy and accordingly solve the problem. Ensuring the continuity of trading is achieved by constantly gaining experience from the mistakes made and in order for a person to continue their life as a trader they must constantly update their experiences by identifying their mistakes. In addition, in order for a person to continue their life by trading it is very important that they has a lot of experience, earns regular income in this way and has accumulated enough savings to continue his life in possible bad market conditions.

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Quote from: Pandu Geddon on October 14, 2023, 08:58:42 PM

Quote from: uchegod-21 on October 14, 2023, 07:19:37 PM

If we ask everyone here personally how long it took them to learn trading? Some will say in a week, some few weeks or even month(s) and year(s). This shows that there is no universal range or period for one to master the art of trading. It solely depends on what one intends to achieve. After learning the basics, you do a continuous learning to improve your skills. Learning never ends. Technology is advancing almost every day, so one must learn to catch up with new trends and improve their portfolio.
The bottom line is, if you're ready and open to learning, it shouldn't take you long to master few skills that will help you while trading.

Honestly, it's hard to find a beginner trader who has that kind of passion for learning. they read trading skill theory, try it, and when they fail they will continue to learn and try again.
The current situation is that many beginners want instant trading. they don't care about skills. just follow the trading signals and when they make several times the profit, they consider trading as part of their success.

what you said, every beginner should have. learn every day because technology also develops every day. so we don't want to be left behind, we have to continue to upgrade our skills and knowledge.

Totally agree on this. Most of the beginners nowadays are in total rush, and that they think that just after a few days or weeks of trading they will already generate a huge amount of money. Trading is much like solving a mathematical equation, and that it requires trial and errors. But in trading, there isn't an absolute formula and that everyone can have their own tactics and techniques, and one strategy is not applicable to others. But every strategy should have the same implication, and that is to have a better trading outcomes. If traders who have been in the business for quite a long time are still learning every day, what more for those traders who have just entered the trading industry? I think that patience and the passion to learn is what makes a good trader.
Afterall, learning trading is not defined on how much money you have earned, but it is about how much experienced you have gained.

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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?

Learn to trade profitable? Is it only the good side of trading that we have to learn? What about learning how to counter the negative side of trading?
To me some won't give you a specific number of time, days, weeks or even months to learn how to trade, sometimes when given let me say a month to learn it might take you weeks to get the main part of it before getting to the actual time given to you to learn.
What I'm saying is that there's no specific time to groom yourself into learning how to be a good trader, it all depends on you, how fast you're in grabbing things no matter if your see yourself as a newbie or not, and never see yourself as a newbie when learning something, it makes you look small and you can't give your all or what you have to offer. Ones you're in, see yourself as someone who's out there to face the main challenge of the crypto world.

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Quote from: uchegod-21 on October 14, 2023, 07:19:37 PM

Quote from: Xcode7 on October 14, 2023, 05:02:01 AM

Quote from: Fara Chan on October 13, 2023, 07:45:51 AM

Quote from: kingvirtus09 on October 10, 2023, 11:31:37 AM

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If we ask everyone here personally how long it took them to learn trading? Some will say in a week, some few weeks or even month(s) and year(s). This shows that there is no universal range or period for one to master the art of trading. It solely depends on what one intends to achieve. After learning the basics, you do a continuous learning to improve your skills. Learning never ends. Technology is advancing almost every day, so one must learn to catch up with new trends and improve their portfolio.
The bottom line is, if you're ready and open to learning, it shouldn't take you long to master few skills that will help you while trading.

Here's my cent. Other's experiences or achievement in trading has nothing to do with your own trading. It's irrelevant. You have a different environment, market conditions, capital, psychology, and needs. Asking anyone can be just a pump in your motivation but you cannot compare your own journey to them.

Yes, having a coach can speed up your learning process because you don't need to figure things out alone but just ask the right questions. And still, even with a mentor's help, you still have to put in the hours to learn trading. You have to experience series of wins and losses and have that frame of experience. Build up your psychology and risk management. After all, learning trading is far different from actually experiencing profitability in trading. You have to trade to learn how to.

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Quote from: uchegod-21 on October 14, 2023, 07:19:37 PM

If we ask everyone here personally how long it took them to learn trading? Some will say in a week, some few weeks or even month(s) and year(s). This shows that there is no universal range or period for one to master the art of trading. It solely depends on what one intends to achieve. After learning the basics, you do a continuous learning to improve your skills. Learning never ends. Technology is advancing almost every day, so one must learn to catch up with new trends and improve their portfolio.
The bottom line is, if you're ready and open to learning, it shouldn't take you long to master few skills that will help you while trading.

Honestly, it's hard to find a beginner trader who has that kind of passion for learning. they read trading skill theory, try it, and when they fail they will continue to learn and try again.
The current situation is that many beginners want instant trading. they don't care about skills. just follow the trading signals and when they make several times the profit, they consider trading as part of their success.

what you said, every beginner should have. learn every day because technology also develops every day. so we don't want to be left behind, we have to continue to upgrade our skills and knowledge.

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Quote from: Xcode7 on October 14, 2023, 05:02:01 AM

Quote from: Fara Chan on October 13, 2023, 07:45:51 AM

Quote from: kingvirtus09 on October 10, 2023, 11:31:37 AM

You said it right; it seems that the theory is different from the actual, if that's what you mean. Because of my experience, the lesson is easy, but applying what has been studied is the difficult part, and it cannot be easily understood.

That's why those who have experience in actual trade are better able to understand compared to those who are just studying trading.
Then 2 years passed before I had a deep understanding of reading the trading chart, or s graph, to be honest, because it is not easy to understand based on what I have been through here.

Basically all work is not easy, because everyone needs to learn slowly and keep doing it so that we can get used to what we do so that things that at first seem so difficult become easier due to the habit of doing them. That's why I don't think that trading is an easy job, because there are probably a lot of people who have the capital to trade. But not all of them can read trading charts correctly so some people still have to deepen this knowledge in order to get luck when trading, because cash alone will not be enough to make a profit if there is still very little knowledge about trading.

I never believe in luck.
Trading is not an easy thing to do because there is a lot of learning that has to be done beforehand and it takes a long process or time for us to learn, but that doesn't mean this is something that can't be done by everyone because basically trading is for people who want to learn.

In my opinion, time is uncertain because people's capacity and learning will be different so there are some things that can be done quickly or vice versa, but what is certain is that if the person is willing to learn then I am sure they will be able to trade well and correctly, and this must be underlined. is that profit and loss are normal and normal things that happen, no matter how good a person is at trading, they will definitely experience these two things.

If we ask everyone here personally how long it took them to learn trading? Some will say in a week, some few weeks or even month(s) and year(s). This shows that there is no universal range or period for one to master the art of trading. It solely depends on what one intends to achieve. After learning the basics, you do a continuous learning to improve your skills. Learning never ends. Technology is advancing almost every day, so one must learn to catch up with new trends and improve their portfolio.
The bottom line is, if you're ready and open to learning, it shouldn't take you long to master few skills that will help you while trading.

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Quote from: Xcode7 on October 14, 2023, 05:02:01 AM

Quote from: Fara Chan on October 13, 2023, 07:45:51 AM

Quote from: kingvirtus09 on October 10, 2023, 11:31:37 AM

You said it right; it seems that the theory is different from the actual, if that's what you mean. Because of my experience, the lesson is easy, but applying what has been studied is the difficult part, and it cannot be easily understood.

That's why those who have experience in actual trade are better able to understand compared to those who are just studying trading.
Then 2 years passed before I had a deep understanding of reading the trading chart, or s graph, to be honest, because it is not easy to understand based on what I have been through here.

Basically all work is not easy, because everyone needs to learn slowly and keep doing it so that we can get used to what we do so that things that at first seem so difficult become easier due to the habit of doing them. That's why I don't think that trading is an easy job, because there are probably a lot of people who have the capital to trade. But not all of them can read trading charts correctly so some people still have to deepen this knowledge in order to get luck when trading, because cash alone will not be enough to make a profit if there is still very little knowledge about trading.

I never believe in luck.
Trading is not an easy thing to do because there is a lot of learning that has to be done beforehand and it takes a long process or time for us to learn, but that doesn't mean this is something that can't be done by everyone because basically trading is for people who want to learn.

In my opinion, time is uncertain because people's capacity and learning will be different so there are some things that can be done quickly or vice versa, but what is certain is that if the person is willing to learn then I am sure they will be able to trade well and correctly, and this must be underlined. is that profit and loss are normal and normal things that happen, no matter how good a person is at trading, they will definitely experience these two things.

I agree. These days, the basics of trading are already there for us to know. Now how to deep dive into the main trade is where people get to find it difficult or maybe thinking they're missing out. I won't say I have mastered trading either, but the tactics I use are mostly using passive income bots like smart trend and snowball to keep my portfolio active while I keep learning

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Quote from: Xcode7 on October 14, 2023, 05:02:01 AM

I never believe in luck.

Well I did because it already happen to me - is different place and situation.

Quote

Trading is not an easy thing to do because there is a lot of learning that has to be done beforehand and it takes a long process or time for us to learn, but that doesn't mean this is something that can't be done by everyone because basically trading is for people who want to learn.

I would agree that trading is not easy but not difficult to learn if we really want to know about it. Of course, it never happens too fast and quick but as we keep going, we can learn a lot of things. That is why those people who would think that they can make money is a short time, those who have never understood trading itself.

Quote

In my opinion, time is uncertain because people's capacity and learning will be different so there are some things that can be done quickly or vice versa, but what is certain is that if the person is willing to learn then I am sure they will be able to trade well and correctly, and this must be underlined. is that profit and loss are normal and normal things that happen, no matter how good a person is at trading, they will definitely experience these two things.

No instant, that was the fact and we can't change that. Before we become pro traders and reach our goal, we also have a lot of suffering and losses.
If we wanted to become a pro-trader then we should also have the courage and spirit, and of course, to become patient.

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Quote from: Fara Chan on October 13, 2023, 07:45:51 AM

Quote from: kingvirtus09 on October 10, 2023, 11:31:37 AM

You said it right; it seems that the theory is different from the actual, if that's what you mean. Because of my experience, the lesson is easy, but applying what has been studied is the difficult part, and it cannot be easily understood.

That's why those who have experience in actual trade are better able to understand compared to those who are just studying trading.
Then 2 years passed before I had a deep understanding of reading the trading chart, or s graph, to be honest, because it is not easy to understand based on what I have been through here.

Basically all work is not easy, because everyone needs to learn slowly and keep doing it so that we can get used to what we do so that things that at first seem so difficult become easier due to the habit of doing them. That's why I don't think that trading is an easy job, because there are probably a lot of people who have the capital to trade. But not all of them can read trading charts correctly so some people still have to deepen this knowledge in order to get luck when trading, because cash alone will not be enough to make a profit if there is still very little knowledge about trading.

I never believe in luck.
Trading is not an easy thing to do because there is a lot of learning that has to be done beforehand and it takes a long process or time for us to learn, but that doesn't mean this is something that can't be done by everyone because basically trading is for people who want to learn.

In my opinion, time is uncertain because people's capacity and learning will be different so there are some things that can be done quickly or vice versa, but what is certain is that if the person is willing to learn then I am sure they will be able to trade well and correctly, and this must be underlined. is that profit and loss are normal and normal things that happen, no matter how good a person is at trading, they will definitely experience these two things.

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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?

It is commonly said that there is no shortcut to success, same also, in learning to trade, trying to cut corners can be very dangerous, trading is not something that can be learnt in weeks as you have presumed, trading is simple in the surface but very complex in the inside, this is why for most newbies, they usually see trading as something that is very simple to do, and because of this, they often feel why should it take so much time to learn something so simple.

Personally, I would say that learning to trade never stops, for the market is always evolving, this is why there are still some professional traders who still make some unexpected guess and then fail which results in loss of funds.

So, based on this, i would say that there is actually no specific period or time stipulated or stamped to be an accurate time a newbie can learn to trade and become good at it, the newbie just have to keep learning until he or she feels confident enough to commit real money into the learning process, remember i mentioned before that learning never stops as long as it has to do with trading.

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

and what was the hardest thing to learn?

Imo
Trading is 99% emotional, 1% technical (note: 1% if you master a lot of technical knowledge). Trust me, you need 1 week just to understand all the indicators. But it years to understand "MARKET PSYCHOLOGY" in candlesticks.

There is a saying that I remember to this day "A person will become an expert in a certain desired field after he has done and studied it for 10,000 hours." by - Malcolm Gladwell

You need to be patient and keep trying.

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Quote from: BitcoinTurk on October 13, 2023, 05:09:58 PM

Quote from: Nrcewker on October 10, 2023, 11:39:11 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.

Certainly, trading is not an education. Training alone is insufficient to be able to trade and one must always improve himself/herself with experience. Learning how to trade and then improving oneself by gaining experience is the most basic step in becoming a successful trader. It is especially important for people who are new to trading to complete their training on trading in general and learn to trade with a demo balance or a very low amount of real money. In this way, after the knowledge gained through education is gained through experience the person will reach the potential to trade successfully. It will become clear during this trial period whether the person can determine that he/she has started trading with his entire balance or high amount of real money.

just like if we use the same trading system and technique, but the results will not be the same, this is a different human psychological factor, what is clear is that each person has their own goals and can carry out their targets according to the portfolio that has been planned, so in the end there will be achieve the same goal. Therefore, real training by doing real trading is highly recommended before we start trading for a living

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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?

Even though learning to trade takes time, nine months is simply too long. What exactly is he going to educate you? If you pick things up quickly, you may master the fundamentals of trading in a few weeks, after that, you'd have to work on your own improvement. Trading involves continues practice, it is not just something that someone can teach you. You can improve as long as you keep practicing. If I'm being fully honest with you, nine months is too long. Learn the fundamentals of trading and begin practicing with little money if you want to become a real trader. You will undoubtedly blow the account, but you will undoubtedly gain a lot of knowledge through frequent practice. If you want to be a real trader, keep in mind that you will constantly learn new things.

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Quote from: Nrcewker on October 10, 2023, 11:39:11 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.

Certainly, trading is not an education. Training alone is insufficient to be able to trade and one must always improve himself/herself with experience. Learning how to trade and then improving oneself by gaining experience is the most basic step in becoming a successful trader. It is especially important for people who are new to trading to complete their training on trading in general and learn to trade with a demo balance or a very low amount of real money. In this way, after the knowledge gained through education is gained through experience the person will reach the potential to trade successfully. It will become clear during this trial period whether the person can determine that he/she has started trading with his entire balance or high amount of real money.

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Quote from: Best-mary on October 13, 2023, 07:38:46 AM

Learning never ends. It all depends on your determination and how well you put what you do into practice. I'm not saying I'm perfect yet but I use different tactics to hone my strategy in trading. Like the Range Sniper I use sometimes for prediction where price could reach in the next seven days. Sometimes I win, while sometimes I lose. These will make me look into what mistake I made to miss my target

Of course, we must always learn whatever the level we reach now. To know varied tactics or strategies that can be effective to apply in any market condition, it requires an endless learning. The market situation always changes, we need more varied ways to deal with the situation. But of course, during learning, we must experience both losses and wins. You are the same with me, sometimes I can success but sometimes fail. However, there should be always a lesson to get on every experience we got.

Yes, we need to learn the mistakes. We need to evaluate the tactic/strategy. We may use the wrong strategy at a certain market situation. So, it leads to a loss. In the future, we must be more careful to adjust the strategy to use.

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Quote from: Fara Chan on October 13, 2023, 07:45:51 AM

Quote from: kingvirtus09 on October 10, 2023, 11:31:37 AM

You said it right; it seems that the theory is different from the actual, if that's what you mean. Because of my experience, the lesson is easy, but applying what has been studied is the difficult part, and it cannot be easily understood.

That's why those who have experience in actual trade are better able to understand compared to those who are just studying trading.
Then 2 years passed before I had a deep understanding of reading the trading chart, or s graph, to be honest, because it is not easy to understand based on what I have been through here.

Basically all work is not easy, because everyone needs to learn slowly and keep doing it so that we can get used to what we do so that things that at first seem so difficult become easier due to the habit of doing them. That's why I don't think that trading is an easy job, because there are probably a lot of people who have the capital to trade. But not all of them can read trading charts correctly so some people still have to deepen this knowledge in order to get luck when trading, because cash alone will not be enough to make a profit if there is still very little knowledge about trading.

For us to be granded in trading and have the kind of skill we are looking for, it is very important for us to learn the skill very well so that we don't start what we can not finish.Trading is very difficult to achieve but some persons may not know since everyone can talk and ague about trading even when they have never trade or put there funds in trading before. There are the fundamentals we can learn in trading and sometimes we might not even know what we are supposed to learn first or know before learning other things. For us to make money in the skill, we have to have good understanding in the market.

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Quote from: bangjoe on October 13, 2023, 07:17:10 AM

More precisely in any learning it depends on the accuracy and focus of the individual in doing something, it will provide learning that can be more effective and efficient in learning something including in learning trading, yes it is subjective and according to his own abilities in understanding learning.

What? Do you learn one by one? I am a little curious how much time you need in learning one technique until you master it? You have a good method for consuming learning.

This will take a lot of time, even if someone is more capable of learning quickly, because in trading, in addition to theoretical knowledge, practical skills are very important. In any case, this is very individual, someone can make a good profit after a year of study and practice, but someone will never be able to make good money in trading. The difficult thing about this work is that no one can guarantee that you will be able to make money in trading, you can study for several years, but in the end you will not achieve the desired result.

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Quote from: wxa7115 on October 13, 2023, 12:12:46 AM

Quote from: Nrcewker on October 10, 2023, 11:39:11 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.

Often newbie traders concentrate on the skills you can learn by the book, like technical analysis, however in order to execute your strategy as you should you need way more than that.

With being able to perform under pressure as one of the key skills a trader must have, as it is easy to do everything right when you are paper trading or using a demo account, but when you have years of savings riding on the market this is not easy at all, and only those that can remain calm under those circumstances can become good traders.

Of course there are many things that need to be prepared before starting trading. We need to try it if we understand the basics, perhaps with a little capital. Trading on a demo account will indeed be easy to do because we don't think about the risk of losing, but it will be very different if we do it with the savings we have saved. Remaining calm in various trading situations is something that can be done by those who are experts in trading. Because they are very experienced in this field, even a beginner can be like them if he understands it well.

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Quote from: kingvirtus09 on October 10, 2023, 11:31:37 AM

You said it right; it seems that the theory is different from the actual, if that's what you mean. Because of my experience, the lesson is easy, but applying what has been studied is the difficult part, and it cannot be easily understood.

That's why those who have experience in actual trade are better able to understand compared to those who are just studying trading.
Then 2 years passed before I had a deep understanding of reading the trading chart, or s graph, to be honest, because it is not easy to understand based on what I have been through here.

Basically all work is not easy, because everyone needs to learn slowly and keep doing it so that we can get used to what we do so that things that at first seem so difficult become easier due to the habit of doing them. That's why I don't think that trading is an easy job, because there are probably a lot of people who have the capital to trade. But not all of them can read trading charts correctly so some people still have to deepen this knowledge in order to get luck when trading, because cash alone will not be enough to make a profit if there is still very little knowledge about trading.

Topic: How long to learn trading? - page 9. (Read 2068 times)