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Topic: Rather learn to trade by yourself - page 3. (Read 1292 times)

member
Activity: 868
Merit: 15
November 07, 2020, 10:46:01 PM
It is better to trade on your own it develops both knowledge and skills and you can learn a lot about the market trade is a higher partner and it is important for you to master the basics before trying to make money for yourself or your organization. The key to the trading environment itself is to learn a lot about the ways in which you can make money and how they work the best trading platform helps you learn a lot about how you determine your profit or loss where others put the trade at risk.
sr. member
Activity: 924
Merit: 275
November 07, 2020, 10:25:35 PM
First hand information is much good than second or third hand information, if you trade by yourself; you will gain experience that you need to feel wherein you can able to used to the volatility of the cryptocurrencies and to understand that there is a market cycle. Is there any trader who are profitable where they are dependent to signals or prediction of other people? The answer is none because all of them are keep incurring losses because they do not have foundation in trading and they are not used to trade by their selves. The good thing in trading by ourselves is we can so much knowledge that we can use in order to make gains and prevent huge losses in trading. Trading is simple but it is not easy and it is the reason why we should develop our skills first and gain many information in order to be profitable. 
sr. member
Activity: 1246
Merit: 255
November 07, 2020, 08:41:24 PM
I totally agree to you knowing how to trade yourself, there is no way you will learn how to trade and not know the conditions surrounding the profit and losses.
Sometimes, giving money to people is not actually the problem but the trader need to detail those people on what it takes to make or loss. In bitcoin trading, you don't just lose if you are not investing in the wrong coin,at times all you need is patience to bring out your Gain.
copper member
Activity: 700
Merit: 120
Gamdom
November 07, 2020, 08:24:09 PM
High volatility doesn't mean high risk in the market even you have lost your fund. If you can't make successful trade then the problem is your strategy. So first learn to set your strategy then go for doing it. I have seen many people who just started without their strategy and lack of knowledge then won't get success in this field. So make you a professional one by learning.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
November 07, 2020, 05:07:19 PM
As I understand it, you are talking about trust management? In general, you are right, any trust management of your funds will lead you to losses.
Why would someone who knows how to make money on trading take other people's money for buildup? Of course, only in order to reduce his risks in case of losses, but he will not lose his money, but yours.
If trust is the only problem then actually that can be solved as a lot of traders take your login but don't get access to your email and 2FA which are required in order to make a withdraw. So, they basically trade in your account and have the money but they cannot withdraw it so that eliminates the risk factor completely.

But, speaking in general I would also feel tensed giving control of my funds to someone else just because he claims he has a better trading knowledge and sense and I should  hand over my funds under him. I know there is no risk of scam but some foolish trades might lead to obnoxious loss.
hero member
Activity: 2828
Merit: 611
November 07, 2020, 04:11:32 PM
Learning from somebody how to trade in the market is a very good idea, anyone can obtain from their trader to move with their trade to become a good trader in the future. Many has loss in the area of trading just because they want to do it by their self to make a good profit.
Learning from others is a good idea only if the people you learn are actually good and experienced because learning from someone who is just trading randomly and honestly speaking trading is similar to gambling and there is only a small margin that separates gambling and trading so one might have profits but doesn't make him a good trader, one who does it consistently backed by the proper execution is one you should learn from.

I never learned from others as much as I learned from my own mistakes so I always tend to suggest that don't just take ideas from outside, get into trading face some loss (don't start big) and then as you make blunders learn from them and move forward. What is important is to make sure that the mistake you made yesterday you don't make that ever again.
jr. member
Activity: 75
Merit: 2
November 07, 2020, 12:57:45 PM
It is definitely better for us to do trading by ourself, as that is how we will move to a positive future. As if we are not doing to do that, then we will face a huge problem. Luckily, I am with eToro, and if anyone reads their Review, it will be enough to say further. So when you have a manual approach that supportive broker, it is always a recipe that is of the highest level of success and comfort for all involved.
sr. member
Activity: 1456
Merit: 359
November 07, 2020, 07:23:26 AM
Trading system is not what you will learn today and start acting you are perfect for the trade. Many loose their money why some are still go to lose because them don't listen to market rules before carry out their trade. The last profit I really enjoyed over a month was the trade i try with myself to see if I can do it without any facilitator, which it really work well for me at the end of the trade.
Learning from somebody how to trade in the market is a very good idea, anyone can obtain from their trader to move with their trade to become a good trader in the future. Many has loss in the area of trading just because they want to do it by their self to make a good profit.
There are two ways to learn or to generate a trading system. First is by buying a existing trading system, there are online teaching and online community about trading where you will apply or enroll in their program in order to access and learn their trading system. The second is by generating the trading system by yourself, this way you are the only one who will develop your own system. The only disadvantage of it is the time because it will take a long time to have a trading system unlike buying existing system where you can master it and apply it easily. For those who want to buy existing trading system, make sure first that you will purchase proven where a lot of traders make profitable and made a lot of improvement after they purchase the system.

When it comes to trading by yourselves, it is really good for us to be independent. A lot of traders are continuing to lose their investment because they are easily deceived or they keep following the tips of other people. They became dependent others and it is the reason why they do not have confidence to do trading by their selves.
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
November 06, 2020, 11:15:30 PM
Trading system is not what you will learn today and start acting you are perfect for the trade. Many loose their money why some are still go to lose because them don't listen to market rules before carry out their trade. The last profit I really enjoyed over a month was the trade i try with myself to see if I can do it without any facilitator, which it really work well for me at the end of the trade.
Learning from somebody how to trade in the market is a very good idea, anyone can obtain from their trader to move with their trade to become a good trader in the future. Many has loss in the area of trading just because they want to do it by their self to make a good profit.
jr. member
Activity: 34
Merit: 1
November 06, 2020, 07:13:49 PM
As I understand it, you are talking about trust management? In general, you are right, any trust management of your funds will lead you to losses.
Why would someone who knows how to make money on trading take other people's money for buildup? Of course, only in order to reduce his risks in case of losses, but he will not lose his money, but yours.

Relationships, for one. But literally billions upon billions of dollars are given to hedge funds so that they can trade on their behalf.

full member
Activity: 1078
Merit: 110
November 06, 2020, 06:23:59 PM
As I understand it, you are talking about trust management? In general, you are right, any trust management of your funds will lead you to losses.
Why would someone who knows how to make money on trading take other people's money for buildup? Of course, only in order to reduce his risks in case of losses, but he will not lose his money, but yours.
legendary
Activity: 1554
Merit: 1139
November 06, 2020, 05:00:36 PM
Trading by yourself should be obligatory to all who yern to earn or multiply their coin balance through the trade markets. Learning the trick about the trading concepts could be a more easy thing should you focus your attention on trying to learn. The very same thing you could do as an individual trader is what trading organizations or institutes do with your money and in turn, give you a few percents periodically. This is simply what ignorance and in experience can do to you, should you choose not to learn. To make the most out of trading, it's bets you learn how to trade.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 06, 2020, 04:19:32 PM
If someone is too scared to the point they cannot trade for themselves then they need to avoid trading and investing at all instead of looking for someone else to do it for them, the few traders and investors that have a proven record of winning on the markets do not accept anyone unless they bring tens of millions of dollars with them, that is how scarce they are, so if you give your money to anyone that is not them then you are bound to be scammed or to at least lose your money by the ineptitude of the trader you selected.
Just to have that simple logic where if those people are making money then even with minimal or average amount of capital they would able to make it grow and they wont really need any investment
or fund management from other people yet they can simply and not being stressed on handling other peoples fund.

For those who do accept fund management then be sure to have on doubts because im not really that convinced when it comes to those trading stats if they do show up
some good numbers.

Its always been suggested to trade by yourself.Loses are part of learning and don't make it as a hindrance for you to engage with trading just because you are
scared to lose.If so, then investment isn't really just for you.
Correct, however it still makes sense for those that have a proven record to accept investments from other people, but as I said they will only accept people with a lot of capital, and this is because they get a cut of the profits they make with no risk for themselves and that is very important, as an example lets suppose that an investor gives 10 million dollars to a trader that can actually produce profits in the markets and he has a yearly average of 10% per year which amounts to 1 million dollars, if he gets a 10% cut of that then he gets 100k without having to risk a single cent from his own account, so even if you have a winning system it makes sense to accept other people and trade for them, the problem is that people give money to traders with no proven record and that is when they run the risk of being scammed or lose their money to the markets.
full member
Activity: 854
Merit: 103
November 05, 2020, 02:16:50 PM
I am trying as much as possible to push every crypto interested individual close to me to get involved not put a part in my portfolio. How do I explain the volatility with bitcoin and fiat value if they dont get involved? I am still working on my emotion with new project but overcome the volatility in price movement, beside emotion in bull market is a very interesting but the greed will be managed this time.

 You seem to be very serious about this business, and this is great. I am sure that even a person, who does not have much money initially, has all chances to become a very rich guy. All he needs to do is to concentrate on learning everything about crypto and trading, and practice it.
hero member
Activity: 1498
Merit: 586
November 04, 2020, 11:21:33 AM
This is a high volatility market? People don't understand what it means, it means the risk is very high, it can break you more than it can make you, it's takes luck and wisdom, consistency and lesson and teachings learned about trading, coupled with discipline the individual uses to take profit.

This crypto currency market is not trade fair or Walmart market.

Trading is very risky, we just trade with risk management. Never give anybody money to trade, if it goes soar wetin u go talk.

Best is to learn the exact process or strategy, and trade for yourself, than give your money to someone to trade for you in a very high volatile market
Yes correct, trade for yourself so that you will not rely on someone else. You know that in trading it is not always winning, most of the time now you will lose in the coin you are investing, market is unstable me myself cannot understand it most of the time, but it will be good if you will learn it, because if you do, you can take a profit instantly without putting in a long term just by day trading.
hero member
Activity: 2464
Merit: 519
November 03, 2020, 07:02:18 AM
I am trying as much as possible to push every crypto interested individual close to me to get involved not put a part in my portfolio. How do I explain the volatility with bitcoin and fiat value if they dont get involved? I am still working on my emotion with new project but overcome the volatility in price movement, beside emotion in bull market is a very interesting but the greed will be managed this time.
Don't make things difficult, you can't make them to be like you nor have them believing that Bitcoin trading is a quick-rich scheme. What I would like to say is that, let them find good things about Bitcoin and never pushed them either. because those people who wanted to know crypto, particularly for Bitcoin wants to change their mind as well as the believe crypto trading is a worth to try for high-risk takers. But if they are full of doubts, no/less interested to learn can be hard to handle their emotions once they are in actual trading.  
Am pushing only those that  are crypto interested and its about doing it themselves
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
November 03, 2020, 06:50:50 AM
I am trying as much as possible to push every crypto interested individual close to me to get involved not put a part in my portfolio. How do I explain the volatility with bitcoin and fiat value if they dont get involved? I am still working on my emotion with new project but overcome the volatility in price movement, beside emotion in bull market is a very interesting but the greed will be managed this time.
Don't make things difficult, you can't make them to be like you nor have them believing that Bitcoin trading is a quick-rich scheme. What I would like to say is that, let them find good things about Bitcoin and never pushed them either. because those people who wanted to know crypto, particularly for Bitcoin wants to change their mind as well as the believe crypto trading is a worth to try for high-risk takers. But if they are full of doubts, no/less interested to learn can be hard to handle their emotions once they are in actual trading. 
sr. member
Activity: 1554
Merit: 334
November 03, 2020, 06:22:37 AM
This is a high volatility market? People don't understand what it means, it means the risk is very high, it can break you more than it can make you, it's takes luck and wisdom, consistency and lesson and teachings learned about trading, coupled with discipline the individual uses to take profit.

This crypto currency market is not trade fair or Walmart market.

Trading is very risky, we just trade with risk management. Never give anybody money to trade, if it goes soar wetin u go talk.

Best is to learn the exact process or strategy, and trade for yourself, than give your money to someone to trade for you in a very high volatile market
Well Crypto trading is definitely risky and highly volatile but this is not necessarily mean the higher the volatile the riskier it is, take Forex trading, for example.
Crypto Trading is indeed risky if you don't have enough knowledge and experience on doing it but as long as you have these essential needs or fundamentals you can somehow pull it through.
Honestly, I never to give my money onto someone to trade for me not because I don't have trust in them but because I can do it myself though so why would I let them trade for me.
hero member
Activity: 2464
Merit: 519
November 03, 2020, 06:05:56 AM
I am trying as much as possible to push every crypto interested individual close to me to get involved not put a part in my portfolio. How do I explain the volatility with bitcoin and fiat value if they dont get involved? I am still working on my emotion with new project but overcome the volatility in price movement, beside emotion in bull market is a very interesting but the greed will be managed this time.
sr. member
Activity: 1036
Merit: 281
November 03, 2020, 05:27:25 AM
Trading is a process of learning, a lot of newbies misunderstand it because they think trading is gambling where they think that there is no guarantee of winning in it. Actually trading will only become a gambling if you do not follow nay trading system and concepts. When I was a newbie, of course I also made a lot of mistakes and one of those mistakes that I will never forget is by insisting myself to join in pump and dump groups or trading signals groups. I thought that I will made a lot of money if I will join that scam groups, the main trigger that lead me to do self study is when I lose by joining in trading signal group. For those newbies out there, do not be deceive to other people specially those pump and dump groups because for sure it is a scam. I learn to trade by myself by having healthy community, I read a lot of books that help me to learn a lot of concepts that I can use in cryptocurrency market.
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