Rather learn to trade by yourself - page 4.

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Quote from: ice098 on November 03, 2020, 03:50:18 AM

Quote from: South Park on November 02, 2020, 11:40:56 AM

Quote from: Lanatsa on October 28, 2020, 06:27:43 PM

Quote from: shawonngp on October 28, 2020, 05:33:20 PM

Of course with your own hard-earned money doing business is better than relying on someone else. She is your personal friend, family, or whatever. That person knows how to trade. He never stays behind in the hopes of friends, family. Not everyone can move forward on this. Some people understand this and he accepts it and succeeds by sticking to it. People who always fail will learn and one day succeed. So failing is not a bad thing.

But there are people who are really afraid to fail that's why they do tend to play safe via letting their money to held by others and make trades for them.

Its not really that worth in most of the time because we wont know if that someone is just trying to scam you out or wont really be that serious on handling those
funds since they do know that it isn't theirs.

Unlike if you do risk your own money then being serious would be your genre.Failing is part of learning but people cant really just accept this fact.

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.

Instead learn from its own pace before he/she got involved to the trading. Trading was not easy especially for newbie that's why he/she need to do its own research first, observe the market and make herself/himself ready for whatever the outputs of its trading. The output were only winning or losing so they should be ready and of course the control of itself and having a limitation of how he/she can afford to lose with.

Everything is hard at the first time and newbie will faced many problem after joining with trading or investing, difficulty with trading begin from how to deposit money and buy altcoin, other how to withdraw assets become cash money until most difficulty how to read chart of bitcoin and altcoin when raising to higher or lower price, almost beginner always accepted with fake information when buying bitcoin or altcoin after have higher price, they not understand when moment to buy and sell bitcoin to get much profit. But some beginner look not confidence when reach much profit keep waiting and holding again to get much profit.

ice098

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Quote from: South Park on November 02, 2020, 11:40:56 AM

Quote from: Lanatsa on October 28, 2020, 06:27:43 PM

Quote from: shawonngp on October 28, 2020, 05:33:20 PM

Of course with your own hard-earned money doing business is better than relying on someone else. She is your personal friend, family, or whatever. That person knows how to trade. He never stays behind in the hopes of friends, family. Not everyone can move forward on this. Some people understand this and he accepts it and succeeds by sticking to it. People who always fail will learn and one day succeed. So failing is not a bad thing.

But there are people who are really afraid to fail that's why they do tend to play safe via letting their money to held by others and make trades for them.

Its not really that worth in most of the time because we wont know if that someone is just trying to scam you out or wont really be that serious on handling those
funds since they do know that it isn't theirs.

Unlike if you do risk your own money then being serious would be your genre.Failing is part of learning but people cant really just accept this fact.

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.

Instead learn from its own pace before he/she got involved to the trading. Trading was not easy especially for newbie that's why he/she need to do its own research first, observe the market and make herself/himself ready for whatever the outputs of its trading. The output were only winning or losing so they should be ready and of course the control of itself and having a limitation of how he/she can afford to lose with.

Lanatsa

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Quote from: South Park on November 02, 2020, 11:40:56 AM

Quote from: Lanatsa on October 28, 2020, 06:27:43 PM

Quote from: shawonngp on October 28, 2020, 05:33:20 PM

Of course with your own hard-earned money doing business is better than relying on someone else. She is your personal friend, family, or whatever. That person knows how to trade. He never stays behind in the hopes of friends, family. Not everyone can move forward on this. Some people understand this and he accepts it and succeeds by sticking to it. People who always fail will learn and one day succeed. So failing is not a bad thing.

But there are people who are really afraid to fail that's why they do tend to play safe via letting their money to held by others and make trades for them.

Its not really that worth in most of the time because we wont know if that someone is just trying to scam you out or wont really be that serious on handling those
funds since they do know that it isn't theirs.

Unlike if you do risk your own money then being serious would be your genre.Failing is part of learning but people cant really just accept this fact.

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.

South Park

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Quote from: Lanatsa on October 28, 2020, 06:27:43 PM

Quote from: shawonngp on October 28, 2020, 05:33:20 PM

Of course with your own hard-earned money doing business is better than relying on someone else. She is your personal friend, family, or whatever. That person knows how to trade. He never stays behind in the hopes of friends, family. Not everyone can move forward on this. Some people understand this and he accepts it and succeeds by sticking to it. People who always fail will learn and one day succeed. So failing is not a bad thing.

But there are people who are really afraid to fail that's why they do tend to play safe via letting their money to held by others and make trades for them.

Its not really that worth in most of the time because we wont know if that someone is just trying to scam you out or wont really be that serious on handling those
funds since they do know that it isn't theirs.

Unlike if you do risk your own money then being serious would be your genre.Failing is part of learning but people cant really just accept this fact.

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.

error08

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Quote from: xSkylarx on October 28, 2020, 11:44:27 PM

Quote from: cytpoway121 on October 08, 2020, 07:33:02 AM

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

There are copytrading nowadays where you automatically copy positions managed by someone. If they win then you win the trade too, if you lose then you lose profit. For people like me who is really not suited for trading, this is perfect for us who wants to earn more income. I've already tried studying how to trade but what I'm finding hard is how to control my emotions properly.

it contradicts with learning by yourself and riskier to lose capital because there are a few hidden pitfalls
- you don't know whether the person being followed is really capable and there is no guarantee to gain profit.
- you have to pay the fees, a percentage from the winnings (E.g. 25%), a monthly subscription fee, or a high withdrawal fee. check it out before deposit.
- minimum first-time deposit determined by the platform, considering 'the fees' mentioned above, your capital already reduced.
- there is a limit for copy traders how much you can bet and the permissible percentage of the amount that can be invested in one trading activity, as specified in the platform's policies.
That's why learning the concept of trading makes you understand the theory behind the strategy which makes money, there are no fees to pay and you can decide how much you want to place a trade. Just learn the strategy, concept, risk management, and money management.

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Quote from: cytpoway121 on October 08, 2020, 07:33:02 AM

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

There are copytrading nowadays where you automatically copy positions managed by someone. If they win then you win the trade too, if you lose then you lose profit. For people like me who is really not suited for trading, this is perfect for us who wants to earn more income. I've already tried studying how to trade but what I'm finding hard is how to control my emotions properly.

Lanatsa

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Quote from: shawonngp on October 28, 2020, 05:33:20 PM

Of course with your own hard-earned money doing business is better than relying on someone else. She is your personal friend, family, or whatever. That person knows how to trade. He never stays behind in the hopes of friends, family. Not everyone can move forward on this. Some people understand this and he accepts it and succeeds by sticking to it. People who always fail will learn and one day succeed. So failing is not a bad thing.

But there are people who are really afraid to fail that's why they do tend to play safe via letting their money to held by others and make trades for them.

Its not really that worth in most of the time because we wont know if that someone is just trying to scam you out or wont really be that serious on handling those
funds since they do know that it isn't theirs.

Unlike if you do risk your own money then being serious would be your genre.Failing is part of learning but people cant really just accept this fact.

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Of course with your own hard-earned money doing business is better than relying on someone else. She is your personal friend, family, or whatever. That person knows how to trade. He never stays behind in the hopes of friends, family. Not everyone can move forward on this. Some people understand this and he accepts it and succeeds by sticking to it. People who always fail will learn and one day succeed. So failing is not a bad thing.

South Park

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Quote from: lebregone on October 23, 2020, 05:13:07 PM

It's better to learn and trade for ourselves than letting others to do it because there is a big chances that you will end up losing your money if you will end up to a scammers.

The risk is always there if you want to trade but the risk will continue to decrease if you will gain more and more experiences as your knowledge will continue to grow as the you gain more experiences. Just be patient only and don't be greedy, you can only start from a small amount of money if you think your knowledge in trading is not yet that good so you can lessen your losses.

This is something that not many people talk about it, if you take a lot at the history of some of the best traders you will find that in many cases that is how their story begins, they had money and then they select a money manager to gain them money only to find out the guy just lost them a lot of money and yet the money manager still gave excuses about why this was not as bad as it seemed, so those people decide to just trade on their own by learning how to do it themselves and that is what we should do as well.

XCANA

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Don't ever give inn for anyone to help trade your assets for you becasue, that will be a mistake as the market need individual input for success. Most of those traders don't have the needed experience about trade but will opening give assurance of a good return for anyone who lease their assets to them for trade. Doing this stuff yourself (trade) will be the best option for any trader out there becasue, the risk involvement will be manage carefully than outsider in this regard.

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Quote from: Rikafip on October 24, 2020, 05:03:08 AM

Quote from: Janation on October 24, 2020, 04:55:35 AM

I don't know about that.

A lot of things could be read in a book and you can't actually read them online unless you bought them as an ebook. Internet and Books could be our resource of knowledge to trade.

Exactly. It's just plain wrong to say that it's not worth it to read trading related books. To be successful in anything, first you have to know fundamentals, and what's better way to learn those other than reading. Those who skip those basic steps and just rush into trading will learn soon enough that it ain't so easy to be successful, and that it takes a lot of time and effort, otherwise trading will be gambling and nothing more.

An average crypto investor is impatient, greedy and ignorant so I'm not surprised that some even think that educating themselves via books is a waste of time.

Most of the cryptocurrency traders here are self made. This means they came to know about bitcoin, further learned about bounties. Slowly this makes them look for other earning opportunities. This is the reality with the traders of our forum. People find it difficult to learn out of books, because common users make use of their own strategy to make profit and when they learn about a different strategy it'll be entirely different for them.

Most of the trader here are common crypto investor. So, greed, impatience, and dependence on luck always be with the user. Here very few succeed while the rest losses.

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Quote from: Janation on October 24, 2020, 04:55:35 AM

I don't know about that.

A lot of things could be read in a book and you can't actually read them online unless you bought them as an ebook. Internet and Books could be our resource of knowledge to trade.

Exactly. It's just plain wrong to say that it's not worth it to read trading related books. To be successful in anything, first you have to know fundamentals, and what's better way to learn those other than reading. Those who skip those basic steps and just rush into trading will learn soon enough that it ain't so easy to be successful, and that it takes a lot of time and effort, otherwise trading will be gambling and nothing more.

An average crypto investor is impatient, greedy and ignorant so I'm not surprised that some even think that educating themselves via books is a waste of time.

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Quote from: Malamok101 on October 14, 2020, 07:20:32 AM

Quote from: Vicky agarwal on October 14, 2020, 06:14:51 AM

suggest some good books to read

Books not worth it to read by trading, Of course internet is the most good thing to search by starting a trading books will be old and internet will be the present time you can see to search and day by day you can manage.

I don't know about that.

A lot of things could be read in a book and you can't actually read them online unless you bought them as an ebook. Internet and Books could be our resource of knowledge to trade. There are a lot of ways you could learn trading and I think one of them is to start asking here in the forum since there are a lot of good and great traders here that would walk you through basics and reading here could help you so much.

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Quote from: proTECH77 on October 23, 2020, 04:56:49 AM

Many who want to learn it by their self without the help of the old trader always loose at the end of the exchange because they lack the knowledge of trading in the market.
It's better you follow someone who know how to trade very well to impact you before you can start trading by yourself in the market.

OP is trying to say that we should not trust anybody with our trading money, and we should learn it and do things for ourselves. You’re also right with what you’re saying. At the start traders supposed to learn from others, when I started I didn’t do it on my own, I learnt from others as well. Reading articles wasn’t enough for me to learn the skills and become expert, I needed someone to walk me through it.

But, after you have that skills you have start trading by yourself and not expecting people to do it for you or trust anyone that claims to be trading for people.

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Quote from: BuNga_cute on October 23, 2020, 06:22:22 PM

Many people today want to get instant profit from trading, so many use copy trades or trading bots to get passive income from trading.
Even though the fact is that making profit from trading is not that easy, many things can cause market prices to change drastically.
Therefore it is safer to trade manually with our own analytical skills, so don't be lazy to learn to trade. As most of the successful traders
I know, they prefer to trade themselves rather than trust trading signals from other people. Usually, if we do the analysis ourselves it is
much more accurate, because we are more serious about analyzing the market to be able to generate profits.

Trading manually is a good start to fully understand the market. You can also gain insights about the behaviour of new coins. By experience, you can also spot alts that are only pump and dump and with no use case to move forward. You will know how to avoid those coins. Because once you got caught in the middle, you will be left as bag holder of crap coins. But manual trading takes a lot of your time and patience because you really need to know what's happening in each of them, development-wise, so you know where they are heading. And if there's nothin in it, you will get the impression also. So for me, if you do have time, better learn the tricks and tips because in time, it will pay off.

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Many people today want to get instant profit from trading, so many use copy trades or trading bots to get passive income from trading.
Even though the fact is that making profit from trading is not that easy, many things can cause market prices to change drastically.
Therefore it is safer to trade manually with our own analytical skills, so don't be lazy to learn to trade. As most of the successful traders
I know, they prefer to trade themselves rather than trust trading signals from other people. Usually, if we do the analysis ourselves it is
much more accurate, because we are more serious about analyzing the market to be able to generate profits.

lebregone

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It's better to learn and trade for ourselves than letting others to do it because there is a big chances that you will end up losing your money if you will end up to a scammers.

The risk is always there if you want to trade but the risk will continue to decrease if you will gain more and more experiences as your knowledge will continue to grow as the you gain more experiences. Just be patient only and don't be greedy, you can only start from a small amount of money if you think your knowledge in trading is not yet that good so you can lessen your losses.

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Quote from: Xinarae* on October 23, 2020, 10:15:47 AM

Yes, there are more risks and scams in running other people's business trade is much better to adopt your own strategy when learning comes to trading. learn helps to move on to the next step even if it is a losing trade is very difficult to understand what is going on in the market. if you analyze yourself well from Active in the market will increase both knowledge and skills and trade will be easier to collect new information. It is not right to believe that people give wrong information in their own interest.

It's still good to have some guide like watching videos or a person that provides tutorial for the facts and possible strategies like in Udemy or other tutorial app, like where I learned trading too. But never ever let others to the trading for you, it's enough that we pay for their lesson but we should be the one who will trade and decide where to trade, buy and sell. Just find references where will fit you and your comfortable to use with.

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Trading involves a lot of risk. First u need to ascertain that your broker is trustworthy and not all those brokers who manipulate signals to cheat traders. But if all the risks have been ruled out, then i don't consider giving your funds to someone to trade for you as an option. It's better you fo the trading yourself

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Quote from: cytpoway121 on October 08, 2020, 07:33:02 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

This is what in my opinion anyone interested in the markets should do, even if at the end someone ends up hiring a money manager how do you know if the guy is any good if you do not know anything about trading yourself? You need at least a minimum of knowledge even to just select someone to trade for you and for the most part people never reach that level simply because they are too lazy to learn and that is inexcusable as they are risking their life savings in the process and a bad choice here will have huge repercussions in their future.

Topic: Rather learn to trade by yourself - page 4. (Read 1270 times)