Is this a good plan for learning tradning ? - page 7.

leea-1334

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Quote from: k@suy on April 29, 2021, 03:33:23 AM

Learning materials or tools for trading were available for free via online or even in ebooks but we can't figure out how effective those learnings that we have gained if we wouldn't try or execute it in real trading. Trading can be learn by just reading but of course what we can learn from it was the basics only, the regulations, the do's and dont's but the real learnings that will give you an armour in trading was learned through the journey, skills and knowledge that you may gain here were solid.

Although to be fair, even executing tactics and strategies cannot tell you for certain how effective they are because conditions in the market can always be different.

Then you also have to consider conditions that are external. Your internet speed, your platform's responsiveness. Whether you are even allowed to be using the platforms! Small things traders completely overlook when attempting these strategies:)

wahyu wida

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Quote from: MUG1WARA on April 29, 2021, 06:28:36 AM

Trading is a career path that I really admire so much, I don't want to be one of those company workers out there, would rather be my own boss and that's what trading can give, learning how to trade is very vital for constant growth in the long run, so which ever way you can add more knowledge to the ones you have already do it whether it's reading a book or watching a video, learn and study more cause later on in the future you will be the one enjoying the reward from it.

learn to trade from anywhere, with so many sources we will find the right type of trading for ourselves. therefore the main key to trading is experience. the more we learn and evaluate mistakes, the more we will be able to survive in this trading world, we cannot blame someone's trading system, because everyone has a different trading style

MUG1WARA

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Trading is a career path that I really admire so much, I don't want to be one of those company workers out there, would rather be my own boss and that's what trading can give, learning how to trade is very vital for constant growth in the long run, so which ever way you can add more knowledge to the ones you have already do it whether it's reading a book or watching a video, learn and study more cause later on in the future you will be the one enjoying the reward from it.

k@suy

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Quote from: perfect999 on April 28, 2021, 07:39:50 AM

Continuous learning is good for being professional trader but learning alone will not help for making profits.
You need to be practicing along with the learning process in demo accounts. Demo accounts are most common these days and available with the most of the exchanges. Just practice in demo accounts along with your learning.

Trading is something that cannot be understood just from books or videos. It need heart-felt way of learning and that will be possible only if you are practicing in demo accounts.

Learning materials or tools for trading were available for free via online or even in ebooks but we can't figure out how effective those learnings that we have gained if we wouldn't try or execute it in real trading. Trading can be learn by just reading but of course what we can learn from it was the basics only, the regulations, the do's and dont's but the real learnings that will give you an armour in trading was learned through the journey, skills and knowledge that you may gain here were solid.

FanEagle

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Quote from: perfect999 on April 28, 2021, 07:39:50 AM

Trading is something that cannot be understood just from books or videos. It need heart-felt way of learning and that will be possible only if you are practicing in demo accounts.

I have never heard anything like heart-felt way of learning, something new but I agree Grin

. I understand you refer "learn by heart". Yes, it is kind of requirement for trading. I do say this like make it as your habit and not just your work. When we are continuously into something by watching/monitoring/analyzing then it will become part of life and that kind of state is needed for practicing trading.

If we are ready to spend years of time to watch and develop our own strategy then we can easily become profitable trader but most traders are not having that much patience. They copy others' strategy and get into trading in matter of weeks itself.

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Quote from: Nalien on April 06, 2021, 12:30:43 PM

I'm also learning trading and I believe learning is a continuous process so keep learning and try to apply what you have learned in real market. You will learn more and if it works then you'll also make some money.

Continuous learning is good for being professional trader but learning alone will not help for making profits.
You need to be practicing along with the learning process in demo accounts. Demo accounts are most common these days and available with the most of the exchanges. Just practice in demo accounts along with your learning.

Trading is something that cannot be understood just from books or videos. It need heart-felt way of learning and that will be possible only if you are practicing in demo accounts.

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Quote from: matchi2011 on April 06, 2021, 12:20:27 PM

Quote from: dotcoin.info on April 06, 2021, 11:55:36 AM

Quote from: ?? on ??

Reading books and trading materials is a good start but sometimes what you learn in a book is different if you apply it and have your own experience. That's why your experience is still the best teaching method that you can be use in trading. You should know how to read the graph and price movement. Learn both technical and fundamental analysis in trading.

And there is. More often than not, other people's knowledge will differ in different ways from your own experience. This is why it is critical to strike a balance.
You must receive knowledge and immediately implement it into your personal practice in order to see how reality reacts to new information received. Many make the mistake of completely immersing themselves in knowledge, ignoring the fact that they need to test it in practice.

Practiving and trying to enhance those knowledge for the best outcome for you, it's nothing if you just acquire knowlegde
and you don't do anything.

Action speak louder than word so applying that, it's a must to apply those knowledge and see if that's really works and try
to add some twist for your personal venture.

But this is exactly what I am talking about. By gaining knowledge but not applying it in practice, we not only stay in place, but also worsen our current situation. Therefore, it is extremely important to always apply in practice the knowledge that you receive, otherwise confusion will form in your head, which will become more and more until it completely turns all your knowledge into an incomprehensible mess that will be extremely difficult to put into practice.

Benefactor

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I feel that in the event that you read every one of the books you can about them, they won't make you need to burn through cash on courses. It is consistently important to figure out how the market moves, in the books despite the fact that it is totally centered around the financial exchange, it is completely relevant to the crypto market. Figuring out how to dissect will help you better exchange and figure out a fun chance to purchase and sell the coin, albeit that doesn't generally promise us to get the ideal opportunity to exchange.

RealMalatesta

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Quote from: Mahmoud70 on March 11, 2021, 11:43:52 PM

I saw this article about which books you need for your CMT test, which I'm thinking of taking them as a study plan for my trading career

You may learn as much as you are afford to, but the final results for your trading will be purely depending on how much you will be practicing under the real trading environment. It means you must get practiced to the real pressure of trading conditions so that you can think and act well under pressure environments which will be more important to handle your emotions effectively so that you will be sticking with your pre-planned trading strategies.

It means almost all the traders are having a well tested trading strategies but unfortunately they are getting failed in real market conditions due to lack of experience. So, just learning will not get you profits from trading but you need intensive practice with real pressure of trading.

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Quote from: zanezane on March 12, 2021, 12:48:03 AM

To be good at trading, you have to go with it in a two-pronged approached and those prongs include acquiring knowledge and acquiring experience, in your case, you already have the first prong which you can still improve because learning never stops and knowledge is power as for the second prong which is acquiring experience, you have to get in the field and try to trade, go for smaller amounts of trade or practice in a simulation which is risk free.

experience must be mentally strong, because of the fact when trading we must be prepared with the risk of large losses. so this is worth the results we get because we definitely get losses, I think the experience and learning is very good for a trader's journey

Darkelf11

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Trading is one of the good things to learn this can help you to invest in different coins but this requires are an effort and knowledge investment if you are committing to learn good to know. Depends on how the process you learn I suggest starting with the demo trading to have an idea of what's the trade all about also I suggested the use of the binance if you want to start learning. Trading needs to have a budget if you can't don't rush yourself but if you have tried to enlighten yourself about the trading.

Willitivity

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Reading about trading is not a bad place to start, at least it shows that you are ready to learn and become a better trader rather pay for signals, but truth be told reading and watching videos alone isn't enough, you need to have experience to become a good trader, cause reading and watching videos are just theories you can't trade the market with just theories, , experience is needed cause that's what makes you a better trader,after reading and watching those video courses try using an account with little to trade and gain experience.

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Of course you can. You can earn big amount of money through trading, but you have to develop skills first. It is important that you learn about trading before you start trading. Because trading is very risky. Many new traders lose their capital and leave the market due to lack of knowledge about trading. Trading is a very easy thing but it is the most difficult to make a profit from that trade. Traders who cannot analyze the market properly cannot take profit from the market because they do not know what is the right time to open a position.

Experienced traders also continue their studies on trading, as they want to keep themselves updated with the times. So when it comes to trading, there is no alternative but learning.

Nalien

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I'm also learning trading and I believe learning is a continuous process so keep learning and try to apply what you have learned in real market. You will learn more and if it works then you'll also make some money. Good luck buddy

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Quote from: zanezane on March 12, 2021, 12:48:03 AM

To be good at trading, you have to go with it in a two-pronged approached and those prongs include acquiring knowledge and acquiring experience, in your case, you already have the first prong which you can still improve because learning never stops and knowledge is power as for the second prong which is acquiring experience, you have to get in the field and try to trade, go for smaller amounts of trade or practice in a simulation which is risk free.

Yeah, those are two things that are very important and go hand in hand with one another. The first thing you must have is knowledge, but, if it is only knowledge you have, I don't think it's complete. Because if you start to dive into the world of direct trading, it seems that it is clearly different from us just learning. We also have to practice, what we have learned and we can, if you feel ready to trade, you should try it immediately. You can try trading while learning, it will really help you, than you just read. Because, with the more experience you have, the more you will know how to do if you are faced with problems that occur later.

How to learn to analyze and deal with the risks that you are experiencing, it will be very helpful, if you try. If we haven't tried, we won't know, how to get into the world of commerce with all the knowledge we have, because the knowledge will never end, you will continue to need it. Because all there must be a solution to the problem. So don't be afraid to try to jump right into the world of commerce. Start with a small capital only, to find out how it works and learn everything you get later.

matchi2011

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Quote from: dotcoin.info on April 06, 2021, 11:55:36 AM

Quote from: ?? on ??

Reading books and trading materials is a good start but sometimes what you learn in a book is different if you apply it and have your own experience. That's why your experience is still the best teaching method that you can be use in trading. You should know how to read the graph and price movement. Learn both technical and fundamental analysis in trading.

And there is. More often than not, other people's knowledge will differ in different ways from your own experience. This is why it is critical to strike a balance.
You must receive knowledge and immediately implement it into your personal practice in order to see how reality reacts to new information received. Many make the mistake of completely immersing themselves in knowledge, ignoring the fact that they need to test it in practice.

Practiving and trying to enhance those knowledge for the best outcome for you, it's nothing if you just acquire knowlegde
and you don't do anything.

Action speak louder than word so applying that, it's a must to apply those knowledge and see if that's really works and try
to add some twist for your personal venture.

dotcoin.info

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Quote from: ?? on ??

Reading books and trading materials is a good start but sometimes what you learn in a book is different if you apply it and have your own experience. That's why your experience is still the best teaching method that you can be use in trading. You should know how to read the graph and price movement. Learn both technical and fundamental analysis in trading.

And there is. More often than not, other people's knowledge will differ in different ways from your own experience. This is why it is critical to strike a balance.
You must receive knowledge and immediately implement it into your personal practice in order to see how reality reacts to new information received. Many make the mistake of completely immersing themselves in knowledge, ignoring the fact that they need to test it in practice.

fahmimajannat

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Yes it is.
Trading is a good Platform to earn a lot of money but after you are well skilled and experienced.
Otherwise you may loose your assets. Trading is a risky platform where anyone can be rich overnight and may be also poor. Everything is possible.
So first learn and gain experience then it will be a better option for you. Otherwise its quite risky

repear7

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You can learn crypto trading. You will found some good guidelines in YouTube and google. If you familiar with crypto, Then i think you have to learn crypto trading. You need to learn how to analyses market, How to place buy/sale order etc. Those are basic knowledge, you can learn them in short day. But Give focus in market analysing and research, those are very important in trading.

cryptolord2077

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It all depends on what you really want, what your goals are. Trading is an extremely difficult and stressful mental activity. To be successful you will have to spend at least 8 hours (or even more) a day, especially at the beginning.
Indeed, on the one hand, you will need to develop the theoretical part, on the other hand, you will need to develop the practical side. In this case, you will inevitably make mistakes that will lead to the loss of money.

Topic: Is this a good plan for learning tradning ? - page 7. (Read 1876 times)