Learning comes before earning - page 7.

lombok

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Quote from: ajiz138 on February 03, 2024, 09:22:15 AM

Trading is not easy so it must go through good learning where there are risks that must be taken including you experiencing losses but from that it will be a good experience in the future where you will not apply the wrong or greedy trade.

I would not be surprised if there are beginners who come as trading but they want to earn quickly because it is true, they do not want to go through a long process then always trade excessively I think there the beginner will understand where the loss occurs to him.

Again, professional trading is difficult where they have to master many techniques and patterns that are needed, but I believe there is someone who masters it.

Many people consider the process and learning to be very boring and prefer shortcuts, especially with the existence of social media, there are many shortcuts such as VIP signals, copy trading and so on with promises or enticements to provide passive income, daily profits without us needing to study. You only need to copy trade or trade according to the VIP signal instructions.

This will make the process feel very tedious and perhaps many new traders consider it unimportant.

AbuBhakar

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Quote from: OGsmall on February 02, 2024, 05:52:38 PM

Many newborns trader today do want fast money and it doesn’t work like that I gist one can not just get a land today and completely finishing a building in just a day it is impossible you have to start it little by little that how it been done….. I will advise for newborns Money should not be what a newborns think right now

The newborn trader sounds funny lol. Anyway most of the traders wants a quicker way to earn profit that’s why they trade and not investing. Also not all new traders is literally new on what’s the basic on trading since it’s just simple buy low and sell high. Most of the traders just have problem when emotion is making them to wrong decision on trading.

You can earn while learning because you will not learn without any experience. Those books learning is useless if you don’t have any actual experience. Also little by little is not the standard learning phase on trading because remember that your goal in trading is to outsmart other traders. It’s better to just invest and hold long term if you knew to yourself that you are not good in trading.

ajiz138

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Trading is not easy so it must go through good learning where there are risks that must be taken including you experiencing losses but from that it will be a good experience in the future where you will not apply the wrong or greedy trade.

I would not be surprised if there are beginners who come as trading but they want to earn quickly because it is true, they do not want to go through a long process then always trade excessively I think there the beginner will understand where the loss occurs to him.

Again, professional trading is difficult where they have to master many techniques and patterns that are needed, but I believe there is someone who masters it.

Lantind

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Quote from: Xampeuu on February 02, 2024, 10:43:09 PM

Most novice traders are wrong in their mindset that by trading they will earn a lot of money in a short time. That's why so many traders are disappointed because of their own mindset errors. It is difficult to develop people who have goals like that, because it will disturb their psychology in achieving big targets with immeasurable risks. Many of them are disappointed, but those who are aware will certainly correct themselves from their mistakes

Those who misunderstand trading will certainly only think about the profits they will be able to get from the trading they do while they ignore the risks they might get so that they lose the assets they have in trading, it would be better for them to learn properly about trading and don't just listen to other people about trading but try with the mistakes they started and will really disappoint themselves.

Of course they will be disappointed after experiencing failure in trading and they have to take this as a lesson and not let it happen again and if someone asks them about trading it would be better for them to explain in detail so that other people don't feel the way they feel.

lovesmayfamilis

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Quote from: crwth on February 03, 2024, 02:40:47 AM

I like how you said "newborns". Are you a newborn baby? Lol.

Yes, this has already been noticed several times by this user. This is probably how he shows himself.
OP, but how can you earn anything without sufficient trading knowledge? You have made a self-evident statement. It is impossible to engage in trading without experience, mistakes, and correct conclusions.
But if you imagine yourself as a newborn child, ask what children do while they are learning about the world. They ask, become interested, and gain experience.
Be like children.

Assface16678

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Quote from: Natsuu on February 03, 2024, 05:17:32 AM

Think of trading like building a house like you can't throw it up in a day. Newbie traders should focus on learning the ropes, step by step. Fast money isn't the game because it's about gaining skills and experience. Rushing is like trying to finish a building overnight and it just won't work. Take it slow, learn the basics and build your trading skills steadily

True but sad reality: it is inevitable when it comes to new traders, and I understand why they commonly make this mistake: social media influence. You will notice that there are many influencers or advertisers scattered all over the social media platforms. What is their goal? To attract new traders to either avail their services or investors to their services. There are many influencers who are flexing their luxurious achievements just because of trading, and they will promote their platform and offer a free seminar, but if you attend their seminar, the information they will give in the seminar about trading is very basic. The seminar is more on words that attract those who don't have any idea about trading to use their platforms, along with the signals or anything else that they say could help their trading, but in reality, most of them are mostly scams or not very reliable when it comes to trading. That's why many new traders are going through wrong path in trading.

Husires

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The background you come from will determine your type of investment. If the reason for joining cryptocurrencies is the promise of free and quick profit, then you will search for currencies that have risen sharply in the hope that they will rise again. Unfortunately, the false promotion of cryptocurrencies as an investment far from their real use is what made many look at cryptocurrencies from a different perspective this perspective.

Natsuu

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Think of trading like building a house like you can't throw it up in a day. Newbie traders should focus on learning the ropes, step by step. Fast money isn't the game because it's about gaining skills and experience. Rushing is like trying to finish a building overnight and it just won't work. Take it slow, learn the basics and build your trading skills steadily

Barikui1

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It's not just about trading, in life generally, anything you want to go into, you have to seek knowledge about it so as to know in and out and how to go about what you want to go into. so In trading, without proper knowledge of how to go about it, and you ventures into without the required knowledge, patience and risk management skill, you will be prone to error that will make you loses a very significant amount of money in it.

Secondly, In this crypto space we found ourselves, you only got what you deserve, you make or lose money according to the knowledge you have in the business, so go for knowledge first.

wxa7115

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Quote from: mirakal on February 02, 2024, 06:10:19 PM

While learning should comes first before earning, newbies nowadays are seeing the opposite way. Instead, their mindset is to make a quick earning out of everything, as majority of them are influenced by these fake crypto influencers that are spread online. It seems that they are not learning in the forum but take the shortcuts due to their high greed, and see them losing in the end.

The moment they lose, that’s when they start learning seriously. Since they don’t want to repeat the same mistakes again, so that’s when they start exploring and studying the forum well and realized that they are doing very wrong in the first place, the reason why they never succeeded but end up committing mistakes and losing their funds.

It is also important to mention that earning may not follow learning, without a doubt learning is an essential condition for those that want to earn money by trading, however there are things that cannot really be learned, so if a person cannot stomach risking their money, it does not matter how learned they are, they will never obtain any positive results.

But newbies do not want to listen to that, they want to believe what influencers tell them and want to make profits as soon as possible, and that is how they get scammed, invest in shitcoins and leave the market bitter and thinking it is just a big scam.

boyptc

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The generation today is different from the old ones or it's just a norm that everybody wants quick money without having the need to go through hardship and experience?

It's always going to be learning first because mistakes are always part of the start and then when you apply the learnings to your next journey, you'd learned already and from there you'll be able to do better.

It may not be as good as what you're expecting but the important thing is there's a change and improvement.

crwth

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I like how you said "newborns". Are you a newborn baby? Lol.

Anyway, I get your logic in that people are just trying to make money and discovering that trading is one of them. I believe that in the right ways you can. Learning trading with the right references, tools, and peers would help you achieve the right mindset in order to make money. It's really that point in our lives to focus and be patient with it.

That's one of the main focuses that it's not easy money and fast money that would be helpful for us in the long term. The attitude is really important.

Strongkored

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Quote from: OGsmall on February 02, 2024, 05:52:38 PM

Many newborns trader today do want fast money

Getting money quickly is something that many people always want, not just beginner traders, but the faster you get it, the faster you spend it because our mentality is not strong enough to understand and manage that money well.
Apart from newbie traders, traders who have been involved in the world of trading for a long time will also continue to take opportunities when there is an opportunity to earn money quickly, but that is not the main focus because in trading sometimes there are opportunities but not always, while newbie traders always focus on getting it so they forget everything about analysis and signs that it will not happen which ultimately ends in losses.

Pandu Geddon

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all novice traders are motivated by profit. they try to get profits as quickly as possible, not caring about the process. What beginners often do to get profits in a short time is to follow signals.
there are also traders who want to build their confidence with the effort to learn more. Maybe because they are aware, they cannot continue to depend on signals that may not always be accurate.
What you get instantly, might also disappear instantly too.

Text

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I agree, focus on putting effort into learning and gaining knowledge and not rushing into the desire for quick gains or profits.
Trading is a gradual process that requires a solid foundation of understanding and skills, the temptation for fast money can often lead to mistakes and setbacks. It takes time to understand the market, and strategies and manage risk which are essential for long-term success.

Xampeuu

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Most novice traders are wrong in their mindset that by trading they will earn a lot of money in a short time. That's why so many traders are disappointed because of their own mindset errors. It is difficult to develop people who have goals like that, because it will disturb their psychology in achieving big targets with immeasurable risks. Many of them are disappointed, but those who are aware will certainly correct themselves from their mistakes

Issa56

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Quote from: OGsmall on February 02, 2024, 05:52:38 PM

Many newborns trader have always made this types of great mistakes all they just wanted is to just flex without hard work and I gist it doesn’t work like that.

Everyone wants to flex without hard work, but you will just end up discovering that it’s not possible. If you want to make money, then you will have to work for it. If you are not ready to work and you expect someone to do things for you and you will just pay them, don’t be surprised that you will end up being scammed. Scammers are the ones who do promise to make money even without doing anything, but if you are a trader, then you have to always keep on learning.

Quote from: OGsmall on February 02, 2024, 05:52:38 PM

Many newborns trader today do want fast money and it doesn’t work like that I gist one can not just get a land today and completely finishing a building in just a day it is impossible you have to start it little by little that how it been done…..

If you are looking for fast money, then crypto is not for you because if you keep on doing that, then the chances that you are going to be scammed are just kind of high because scammers are always targeting people like that, and they will be brainwashed to believe everything they are saying. Then, after investing or trying to trade, the scammers are gone. A higher percentage of people who are scammed are newbies, most of them are just desperate to make money.

Rruchi man

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Quote from: OGsmall on February 02, 2024, 05:52:38 PM

Many newborns trader have always made this types of great mistakes all they just wanted is to just flex without hard work and I gist it doesn’t work like that.

If you just want money without the work involved in trading, then you will easily be drawn to pay and subscribe for signal groups that will just be giving you signals to make profit from. You can never become extremely successful trading if you depend on signal groups to trade, but you will just be turned into a dependent trader. A newbie to trading needs to understand even before they start the learning process to trade that it involves long term learning to be very successful as a trader. As a new trader, focus on learning first, do not be under pressure to want to start earning in a short time of just knowing basic trading methods and strategies.

mehmetosman89

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Quote from: OGsmall on February 02, 2024, 05:52:38 PM

Many newborns trader have always made this types of great mistakes all they just wanted is to just flex without hard work and I gist it doesn’t work like that.

From the little time I have been in the trader’s world leaning has been one of the key to success of many greater trader’s who are enjoying their self and their fame’s..
As a newbie’s trader you just have to pay the price of success before the flexing that the most important thing,

Many newborns trader today do want fast money and it doesn’t work like that I gist one can not just get a land today and completely finishing a building in just a day it is impossible you have to start it little by little that how it been done….. I will advise for newborns Money should not be what a newborns think right now

I also quite like the view you are saying because every beginner who is starting something new must be willing to go through the process so that he can get maximum results through his own trading. Because like the expression you said, a newborn baby cannot immediately run away to achieve something better or what he wants more in his life. But everything has to be done at its own stage of the process, either through studying with experienced people, or by finding out for yourself the important things needed for this.

BitMaxz

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Take note making mistakes in trading is an experience that you can use in the future you can only learn in trading if you already experienced losing in trading.
Look at professional traders they do also make some mistakes but professional traders always have a backup plan to cut their losses and recover what they lose unlike newbie traders if they lose they stop for them "lose is lose".

Mistakes are a part of the process of becoming a professional trader, newbies should start to learn both AT and FA and test their self-trading skills before they invest a large amount in trading.

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