Paying money to learn how to trade and losing money when you start trading is a double loss although you have gained some idea on how to go about your trades but this wouldn't guarantee Profit. Just like you said as a beginner trader you can actually learn about how to trade from different sources like YouTube and PDF materials on how to trade. Relying on YouTube videos isn't enough and I wouldn't recommend you to take every financial advice they give you on that platform, instead learn the basics online and look for a mentor to teach you trading strategies, The only down side to this Is the fact that everyone taking mentorship classes would definitely ask you to pay.
Finding a good tutor that did it for free would be ideal, but how many traders can find someone like that? Very few I guess, so traders have no other option but to try to learn on their own, something that is not that rare, as the majority of the traders out there learned how to trade by reading articles and books about it, however I agree that it is a bad idea to pay to learn how to trade, since the majority of the courses that you can find out there will not really help you to become profitable. 
Topic: Stop paying money to learn trading when you can learn it yourself (Read 2397 times)
October 12, 2024, 02:06:04 PM
October 12, 2024, 01:51:56 PM
Paying money to learn how to trade and losing money when you start trading is a double loss although you have gained some idea on how to go about your trades but this wouldn't guarantee Profit. Just like you said as a beginner trader you can actually learn about how to trade from different sources like YouTube and PDF materials on how to trade. Relying on YouTube videos isn't enough and I wouldn't recommend you to take every financial advice they give you on that platform, instead learn the basics online and look for a mentor to teach you trading strategies, The only down side to this Is the fact that everyone taking mentorship classes would definitely ask you to pay.
When beginners initially try to trade, of course, they will be very likely to experience losses and it is true as you said when they pay to learn trading and experience failure when trading, then they will find two losses at once, but they already have a basic knowledge of trading, if we only rely on the material we get from youtube videos or the material we learn to trade, of course it will be very risky because not necessarily what we learn ourselves can be carried out correctly.
I agree with you, it would be better to have a mentor who can guide you in learning to trade, but it is certainly paid because it is impossible for someone to teach for free, so when choosing a mentor we also have to really know whether they have been able to get good results from the trades they do or they have not been able to get good results when trading.
October 12, 2024, 12:45:27 PM
Paying money to learn how to trade and losing money when you start trading is a double loss although you have gained some idea on how to go about your trades but this wouldn't guarantee Profit. Just like you said as a beginner trader you can actually learn about how to trade from different sources like YouTube and PDF materials on how to trade. Relying on YouTube videos isn't enough and I wouldn't recommend you to take every financial advice they give you on that platform, instead learn the basics online and look for a mentor to teach you trading strategies, The only down side to this Is the fact that everyone taking mentorship classes would definitely ask you to pay.
October 02, 2024, 01:41:54 PM
I know knowledge is not free anymore. We humans have monetized knowledge that if someone without the knowledge wants to learn he has to pay handsomely for it. Many persons are eager to learn how to trade and bad luck has fallen into the hands of liars and tricksters who take money promising to teach these people online. We don't need to pay anybody to learn how to trade, we can do that for free. After all the only thing they would teach online about trading is the theory aspect and then the section is over. There are various resources on the internet especially YouTube that you can start learning from there until you are familiar with trading.
Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.
Let me work you through this step I am using to be a professional trader
1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.
Let me work you through this step I am using to be a professional trader
1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
As part of #4.
-Deal up with Demo trading
5. Trying to read up on forum or threads on whereas other traders share up their trading strategies and ways or simply joining up some free groups and snip out some good idea
or those kind of learnings that you could get from them. Not all the time that free groups doesnt give out any something important.
Its never been that worth on trying out to pay up something on which you could really that actually be able to get those informations online. It do really just that people are really that
too lazy when dealing up with things and thats why they do really end up on having that kind of option on which paying up something just because they do want to make out some shortcuts
in terms of learning.
It all matters into you on how well you do handle yourself on a very unpredictable space. To those people who would survive are to those who do really know
on what they are doing and wary on whats the field that they are really that dealing with.
October 02, 2024, 07:17:26 AM
Can't really say all courses are bad, but the free one is actually what you need to and most of us are going for a free way and can actually learn something by experience.
trust me even paid courses sometime just recycle of free courses added with some flavour but not necessarily adding value to it, we better off getting the free courses and venture into trading directly rather than just following the tutorial hell.Btw OP, trading isn't something that you can learn with a course or without it. Trading has a basic rule - Buy low, Sell high. This rule doesn't need any tutorial. If you are not a whale, you can not change the market's direction and decide the price. If you are not a whale and are a fish in the ocean, then you have to follow whales to not become their victim. Besides skills, trading involves luck. Doesn't matter how much you learn about technical analysis, in the end you depend on whales and your luck.
October 02, 2024, 06:14:08 AM
Totally agree with you, it is better to look for a free course than to spend money to find a course to learn trading because learning trading is not as easy as we imagine, it requires skills to run it if we are willing to spend a lot of money just to pay for the course and of course it is quite long and a lot of budget must be spent, whereas if we take a free course we learn for a long time but not spending money is not a problem, right? For example, we learn from a friend who is already a professional in trading, we will automatically follow slowly and casually when he plays and over time we will immediately follow his trading experience.
There might be no complete substitute for paid learning because quality information is not cheap. But technology has made learning easier, so we still have some manageable alternatives especially if we cannot afford some paid course. I might decide to pay the money to learn about trading to get the basic or foundational information. The internet is filled with enough information that will help me advance my knowledge and become proficient. I once paid for educational material and when it was delivered I discovered that I could download it for free. It shows that some of the information will need to learn about trading might be free online. 
October 02, 2024, 06:01:26 AM
It’s not just about suffering, but we need to experience something like this because, let’s be real, trading isn’t easy. If we can’t endure the struggles to learn, then we shouldn’t expect to succeed as well—that’s just to be realistic.
Of course, trading can be profitable, but it's just for those who have the right knowledge. So, let’s make it our mission to gain that knowledge through our own efforts instead of relying on others. Besides, everything we need to know about trading is out there online for free, and we can definitely understand it if we really want to!
Of course, trading can be profitable, but it's just for those who have the right knowledge. So, let’s make it our mission to gain that knowledge through our own efforts instead of relying on others. Besides, everything we need to know about trading is out there online for free, and we can definitely understand it if we really want to!
But everyone has a more appropriate way for them to learn trading. some do understand easily and quickly when learning everything by themselves, especially if they can get it for free. but it is undeniable that there are also people who find it difficult to understand when they are not guided directly by a mentor. we must say that the worst situation is that a trader will depend on his mentor and the development of his trading skills may be slow. but I agree with you, everything we need for initial knowledge in trading we can get for free. it depends on our level of understanding and also how we develop skills from our own experience.
October 02, 2024, 05:39:25 AM
...If we don't have much time but have money, there's nothing wrong with using money to buy knowledge, but the problem is like I said: finding a quality course is not easy.
It doesn't matter what type of training you choose, you'll have to fork out anyway. In the first case, you will pay for training, and if you choose self-education, then you will definitely pay for your mistakes in trading.
You are right, I forgot that in order to become a professional trader and be able to make profits from trading, most people will have to suffer losses in the process of becoming a professional trader. I have never seen anyone become a professional trader without ever losing before, and I bet no one has ever done that. That is also why some people offer paid courses because they think that to get the knowledge and experience they have today, they have paid a lot of money.
But personally I recommend beginners to take a paid course if possible to avoid wasting time and limit losses. Having a mentor will help us progress faster than having to learn everything on our own.
Of course, trading can be profitable, but it's just for those who have the right knowledge. So, let’s make it our mission to gain that knowledge through our own efforts instead of relying on others. Besides, everything we need to know about trading is out there online for free, and we can definitely understand it if we really want to!
October 02, 2024, 04:43:06 AM
Well..people learn differently, we seem to attach more value to something when we pay for it, i dont think there is anything wrong with paying for knowledge, most people lack the motivation to learn on there own and it's not a defect on there own part, its just who they are. They need mentors who will sacrifice time to guide them through their baby steps and definitely that sacrifice should be paid for no matter how little.
You can pay for a foundation to a knowledge you desire then work yourself up to a professional level.
You can pay for a foundation to a knowledge you desire then work yourself up to a professional level.
If the teacher is really good and not about just draining you dry - you are totally right. But it's hard nowadays to find someone like that if you don't know him personally.
So, many options open up from here, but most of them wouldn't deliver, in my opinion.
October 02, 2024, 03:44:34 AM
Well..people learn differently, we seem to attach more value to something when we pay for it, i dont think there is anything wrong with paying for knowledge, most people lack the motivation to learn on there own and it's not a defect on there own part, its just who they are. They need mentors who will sacrifice time to guide them through their baby steps and definitely that sacrifice should be paid for no matter how little.
You can pay for a foundation to a knowledge you desire then work yourself up to a professional level.
You can pay for a foundation to a knowledge you desire then work yourself up to a professional level.
October 02, 2024, 03:23:31 AM
...If we don't have much time but have money, there's nothing wrong with using money to buy knowledge, but the problem is like I said: finding a quality course is not easy.
It doesn't matter what type of training you choose, you'll have to fork out anyway. In the first case, you will pay for training, and if you choose self-education, then you will definitely pay for your mistakes in trading.
I agree. Mistakes made by yourself are the best teacher for the time to come. If you learn upon them, of course.
October 02, 2024, 02:53:00 AM
...If we don't have much time but have money, there's nothing wrong with using money to buy knowledge, but the problem is like I said: finding a quality course is not easy.
It doesn't matter what type of training you choose, you'll have to fork out anyway. In the first case, you will pay for training, and if you choose self-education, then you will definitely pay for your mistakes in trading.
You are right, I forgot that in order to become a professional trader and be able to make profits from trading, most people will have to suffer losses in the process of becoming a professional trader. I have never seen anyone become a professional trader without ever losing before, and I bet no one has ever done that. That is also why some people offer paid courses because they think that to get the knowledge and experience they have today, they have paid a lot of money.
But personally I recommend beginners to take a paid course if possible to avoid wasting time and limit losses. Having a mentor will help us progress faster than having to learn everything on our own.
October 01, 2024, 11:25:27 PM
...If we don't have much time but have money, there's nothing wrong with using money to buy knowledge, but the problem is like I said: finding a quality course is not easy.
It doesn't matter what type of training you choose, you'll have to fork out anyway. In the first case, you will pay for training, and if you choose self-education, then you will definitely pay for your mistakes in trading.
October 01, 2024, 07:23:30 PM
trust me even paid courses sometime just recycle of free courses added with some flavour but not necessarily adding value to it, we better off getting the free courses and venture into trading directly rather than just following the tutorial hell.
Totally agree with you, it is better to look for a free course than to spend money to find a course to learn trading because learning trading is not as easy as we imagine, it requires skills to run it if we are willing to spend a lot of money just to pay for the course and of course it is quite long and a lot of budget must be spent, whereas if we take a free course we learn for a long time but not spending money is not a problem, right? For example, we learn from a friend who is already a professional in trading, we will automatically follow slowly and casually when he plays and over time we will immediately follow his trading experience.
Basically, learning by taking a trading course can indeed speed up your learning process because you will be directed directly to various important points compared to starting it yourself without any knowledge and without knowing what steps to take at the beginning, but on the other hand, actually for the matter of success it also depends on how serious you are in dedicating yourself to the activity, because it is not uncommon for me to find beginners who have spent money to pay for trading courses but in the end they stop in the middle of the road because they are not serious about their intentions.
October 01, 2024, 10:37:11 AM
trust me even paid courses sometime just recycle of free courses added with some flavour but not necessarily adding value to it, we better off getting the free courses and venture into trading directly rather than just following the tutorial hell.
Totally agree with you, it is better to look for a free course than to spend money to find a course to learn trading because learning trading is not as easy as we imagine, it requires skills to run it if we are willing to spend a lot of money just to pay for the course and of course it is quite long and a lot of budget must be spent, whereas if we take a free course we learn for a long time but not spending money is not a problem, right? For example, we learn from a friend who is already a professional in trading, we will automatically follow slowly and casually when he plays and over time we will immediately follow his trading experience.
October 01, 2024, 10:05:27 AM
Can't really say all courses are bad, but the free one is actually what you need to and most of us are going for a free way and can actually learn something by experience.
trust me even paid courses sometime just recycle of free courses added with some flavour but not necessarily adding value to it, we better off getting the free courses and venture into trading directly rather than just following the tutorial hell.I think nowadays, good amount of CT in twitter already shared some insight that you won't find even in the most premium course there is, so there's absolutely no reason why you even need to pay a course even if it only costs $5 because the cutting edge information is just not there and it's available somewhere else for free.
It is true that we can learn by ourselves because everything can be easily found for free on the internet these days. But if you get direct guidance from experienced people, you will save a lot of time instead of having to learn everything by yourself. When you pay to take someone's course, you're not just buying the materials and knowledge, you're also getting their experience...Paying to learn trading is not a bad thing but finding a qualified and dedicated expert or teacher is not an easy task.
If we don't have much time but have money, there's nothing wrong with using money to buy knowledge, but the problem is like I said: finding a quality course is not easy.
September 28, 2024, 10:14:46 PM
Can't really say all courses are bad, but the free one is actually what you need to and most of us are going for a free way and can actually learn something by experience.
trust me even paid courses sometime just recycle of free courses added with some flavour but not necessarily adding value to it, we better off getting the free courses and venture into trading directly rather than just following the tutorial hell.I think nowadays, good amount of CT in twitter already shared some insight that you won't find even in the most premium course there is, so there's absolutely no reason why you even need to pay a course even if it only costs $5 because the cutting edge information is just not there and it's available somewhere else for free.
September 28, 2024, 05:00:20 PM
I know knowledge is not free anymore. We humans have monetized knowledge that if someone without the knowledge wants to learn he has to pay handsomely for it. Many persons are eager to learn how to trade and bad luck has fallen into the hands of liars and tricksters who take money promising to teach these people online. We don't need to pay anybody to learn how to trade, we can do that for free. After all the only thing they would teach online about trading is the theory aspect and then the section is over. There are various resources on the internet especially YouTube that you can start learning from there until you are familiar with trading.
Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.
Let me work you through this step I am using to be a professional trader
1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
I prefer paying (physical) to learn trading or any kind of skill than doing it on my own, learning on YouTube could lead to misinformation and deceit. I mean, don't get me wrong YouTube is free, flexible and you can learn at your own pace but you won't get the chance to ask questions or clarify doubts but paying to aquire knowledge gives you the privilege to personalized guidance, feedback and accountability, you get to ask questions to your satisfaction. Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.
Let me work you through this step I am using to be a professional trader
1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
Maybe I'm sounding this way because I paid to learn trading and I didn't start from YouTube, I have come across a few low content and misinformation about trading from YouTube but I'm sure YouTube videos has worked for some of us though so it depends on what we want, how we want to learn or where we want to learn from.
June 03, 2024, 05:44:04 PM
The problem is that why they are interested to pay money in the first place because they are motivated by the fact that the influencer that they are paying to is actually making something and they think they can get the same result by just following them hence why some of the influencers aware about this thing and just make the course to accommodate them.
Can't really say all courses are bad, but the free one is actually what you need to and most of us are going for a free way and can actually learn something by experience.
Can't really say all courses are bad, but the free one is actually what you need to and most of us are going for a free way and can actually learn something by experience.
June 03, 2024, 04:45:01 PM
My trading journey is not easy. In the beginning, I used to watch videos in YouTube to learn trading. I learned a lot but I don't have a good plan since I only made it by myself. All my learnings in YouTube focus on strategies so you jump in the market out of nowhere. And I encounter a lot of loses. That's why I decided to join mentorship because I feel like I will easily get back the money from mentorship when I become profitable than to lose money in trading without having the right knowledge in trading.
As for me, I'm actually only making my own efforts to study trading. And unfairness aside, what I did was not easy because no one really gave me a guide to learn cryptocurrency trading. Like a young baby with no one to support me.
But like you, watching video tutorials on YouTube became my guidelines for at least some kind of trading. At first, of course, I did not understand, and my mind was always floating on what was being said about trading because I had a hard time understanding it, especially in the use of indicators. So for those who think that it is easy to learn a lesson, they are just liars.
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