Topic: Is trading good for beginners? - page 3. (Read 2998 times)

Beginners who don't have the knowledge to trade crypto, is not good for such beginners because money cannot help you in such situations and, the only thing that can help you at that situation is knowledge on how to trade in the right season to achieve what you want from the market.

Even though beginners have the basics learning, they should start with little capital that will not create pressure on them when they experience lost from the trading because, some times you can achieve profits from your trading and some times you can experience lost which are part of some of the things you will be learning from until you become perfect in trading not to experience lost whenever you trade in the market.

  Yes, that's right a newbie should never trade, if trading you must earn two to three years with understanding and then trade.  Because in that case you must be careful while trading because if you candle or if you candle ever goes up when the police will go by itself you will never be able to earn.  But there are many who do copy training, in that case I would say that you should not do copy training, you will also lose by investing money on other people who have done wisdom.  There are many people who are earning a lot of money in trading or think it is very easy.  It's easy. It's easy to catch. It's easy to catch, but if you catch your head or your wife when you catch it, you'll need two or three years to play school.  So I would say no training for newbies or what is new you can increase the scale or learn two to three years and then come to train.

Agreed, beginners need to have basic understanding before starting trading trading is not an easy thing to trade and earn profit there are many risks here. If newbies have no experience it is best to avoid trading during important news releases as there is a high probability that the market will be very volatile at that time. You should also consider learning about basic risk management techniques as they will help you avoid losses.

One of the main mistake when it comes to trading is lacking of knowledge and experience and we do know that everyone starts on being a noob on which there's no one starts on being a professional
on which it would really be just that normal that there would really be those hardship that you would really be encountering on first try or engagement. When it comes on the questions about if trading is good for
beginners? then everyone could choose up on being a trader and doesnt matter whether you are noob or not because everyone starts on the starting line.
Its up to someone whether they would really be able to bare up with the risks involved on trading or not.

So its up to you whether you would really be pursuing or continuing on becoming a trader or not on which it would be someones choice in the end of the day on which its
a common approach as we do all know. It would really be just that depending on  you whether you would really be continuing or not.

The complexity of trading can not be overemphasize such that even old and experience ones incurre losses at some point, let alone a newbie. Trading is not a reality show it requires technical knowledge and no one should be in a hurry to go in to it but rather give yourself some time and learn that which is needed before you can give it a try that is if you want.

for beginners, I think the beginning of their trading will be tough. However, there are 2 types of beginners that I feel can develop, the first is those who learn by trying. Even though they only understand the basics of trading, but they keep trying, I think in the future they will start to understand how trading is. The second are those who learn first, then try. This type may be more prepared than the first.
It's just that, for beginners, I think there is no guarantee of getting big profits, you might even experience losses. Well, it's a learning process. however, sooner or later they will understand the meaning of trading, and start building their strategy.

Personally, if you ask me, I do not suggest that a beginner in crypto trading should not immediately try the actual exchange trading platform. Because most of them will be preceded by laziness to learn trading in reality.

Especially when they see that there is copy trading, they will think that it is possible to make money even if you know nothing about trading because there are copy trading features in the exchange. It's different because what we know is organic knowledge that we really studied and learned about trading skills. That's why trading in this field of cryptocurrency is not easy, honestly speaking.

That's right, what we do if we like the work then the results will be successful. And this applies to any job including crypto trading, and we have to like it first in order to have the desire to continue learning and learning everything about trading.
And besides that, always learn from mistakes to improve and improve yourself in order to truly master it, trading is not an easy job and it is not easy to make money. So it's best to know yourself first then try to learn it, and from there you can assess your abilities. Whether you feel capable or not, if you are capable then you have to keep learning especially since your time will run out for trading, if not. It's better for you to just back off, because if you continue doing this you will only experience losses.

 a beginner you are talking about, is it some one that has zero knowledge about crypto market, or a beginner that has little about how the crypto market works. i know that everybody that is trading in the crypto market was once a beginner,no one was born as a professional in the market,we leant every day. if you are a beginner and you make mistakes while trading and keep losing. next trade you
to  very carefull for you not to lose again and learn from your mistakes.

I would start with the fact that you should like it, doing something just for the sake of money will not work, because you will get tired of it very quickly, but if you like trading, then you will learn, and every mistake will be perceived as another step on your way to achieving a higher level in trading.

It seems to me that the big mistake of beginners in trading is that they want to achieve a quick result, and this is impossible without proper knowledge, or when they try to use different buy and sell signals, this is even worse, because in the event of a losing trade, they won’t even be able to understand what the mistake was. There will always be an opportunity to make money in trading, there is no need to rush and think that if you don’t start now, you will miss the best time, first get the necessary knowledge, and only then start trading.

It's crystal clear why people lose money in trading, and it's because of lack of knowledge, and they actually don't know that in trading, you get only what you deserve, if you are good in the craft, you will definitely be profitable, but if you are not or you have no knowledge about it, you will be getting liquidated time without numbers.

People have failed to understand that it's near impossible be profitable if you have no knowledge about trading, because you will definitely be making outrageous decisions, which to me , I called it anti trading and with that, in no distance time, you will get liquidated,  so in other to be successful in trading, it's very important that you go for knowledge first, because that is the key, and so that you will know what is required of you on how to navigate your way in the market and come out profitable.

Definitely trading is not good for beginners because it's not money making tool, it's quite difficult. Beginners should not start without basic learning. First they need to gain some knowledge, then the next step they can start with some capital, but many beginners don't care about learning, they are thinking just invest in trading and profit will come.

Yes, social media really has a huge effect. Starting from advertisements or screenshots on social media. People think that it is very easy to take advantage of trading. In addition, many influencers explain trading techniques as if it is very easy, so people do not hesitate to take risks.
I recently came across a case where there was a child who was holding onto his family's money, and he felt that he could increase that money through trading. However, the facts he got were completely beyond his imagination. The money quickly dwindled, and he panicked. Well, he posted on social media that he was also interested in trading because the profit posts really attracted attention. Apart from that, the case described by the OP may also have started out the same. that his friend had no qualms about using all his savings. Well, if he is interested, he should start with a small amount of capital that he can afford to lose.

Everything is the effect of social media because now most of the people are using the internet and using social media and the promotion of trading and gambling is increasing widely. Along with the advertisement of the platform, many traders are sharing their success stories and seeing them, many new traders are encouraged to trade. Although encouraged, they are basically unaware of how difficult trading is and how risky trading is. The results of trading without knowledge of these are very dire for them.

If you just study first and don't do actual trade right away, my answer would be yes, but if you are a newbie and don't have any theory to do and you want to jump into actual trade right away, it is not good to do that style. He should study it well first.

It's like learning to drive; you can't immediately drive a car without any driving experience. How can you make it work if you don't know what is basic to make it work? The same is true in trading; don't trade immediately. It's easy to put money into the exchange Cex or Dex; the difficult thing is how to grow the capital that will be put into trading.

When someone decides to trade, of course they must first learn about trading from those who already have experience in this field, because if we only look at several influencers who we don't know for sure about their trading abilities, this can make us experience failure. the trading that we will do and it would be better if we want to enter trading. The most important thing for us is just to study the theory about trading and also look for those who have experience in this field to be able to guide us in analyzing the market to be able to trade well.

Yes, of course we will face difficult times when learning and trying trading so we have to be able to improve this and be patient in trading and don't make decisions about trading in a hurry which means we can't analyze the market well and end up with failure.

Yes, and a lot of newbies that enter the market tend to ignore this fact mostly because they have been misguided by some influencer on YouTube or some other social media platform or they have seen profit screenshots of people in social media trading groups where people only share their profits and hide their losses and newbies don't understand this and they think all of them are just earning money all the time.
So as you said, it's important for someone to learn trading before they venture into it because it isn't as easy as some might think it is and there can be challenging times ahead of them if one doesn't have any knowledge about the market but starts trading anyway.

If the person looks serious, there is a high chance that he will make a profit, but one piece of advice I will give is that he needs to be patient and should not use all of his savings to trade, he should start using the money saved bit by bit, and when he starts making a profit, he can also increase the money used in trading. All this is just to help you reduce the amount you will lose when you start trading. You only lose a small amount of money out of your savings since you did not do anything.  and his not knowing is an error already. because after thinking of trading and having the resources, the next thing should be seeking knowledge, and then you can start learning what you have learned. and answer your question with a simple answer: No, there is no way you will make a profit without having an idea of doing the necessary things.


The seriousness will have to come after knowing that seriousness can come, If it were that way, then what is the relevance of going to school? We would have just gone straight up to our position and that shows the importance of learning. After learning, you will need to learn cheats on how to make a profit because there are trading books for dummies but people don't give value to reading they just want to make money. One thing I love is that when they make mistakes, they either give up or then continue because plenty of them want to trade and avoid learning and they start showing some very bad habits while they are trading. Everyone will keep saying it seek knowledge first.

To trade, you must gain detailed experience about trading. If you can master the basic concepts of trading in the initial stage, then you can quickly become experienced about trading. Many times people fail to succeed in trading even after following the theoretical aspects of trading because the theoretical aspects have no basis in reality.

If someone doesn't understand about trading and has no experience with trading systems then he is lucky if he trades any coin and makes a profit from that trade. Because if you don't have experience in trading, you can never make a profit by trading. Trading is not a simple thing Newbies may think that trading is easy but the first thing you need to do is to control your emotions. When we buy a coin while trading, when the price of that coin drops, we get emotional and plan to sell that coin immediately. We regret it when we sell that coin only to see the coin rise in price again.

Finally I would like to say that those who want to master trading should definitely try out your trading plan with a demo account.

You are right on your definition on the types of traders and you should know that be it a trader who wants to learn from his mistakes or the one who keeps making mistakes over again, in the starting point of trading losses are expected till one becomes used to how the system works. Saying trading is not for beginners, I don't actually know what you mean but how can someone learn trading without partaking in the trading process?


So are you trying to tell me that professional traders doesn't lose money as well? Trading is risky of which sometimes traders do lose some amount of money so saying that a beginner doesn't need to loss while trying to learn trading is something I don't understand because just like I said, we lose money sometimes when trying to know about something and afterwards gain experience that will guide us next time in other not to run into losses.