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Topic: Stop paying money to learn trading when you can learn it yourself - page 11. (Read 2391 times)

sr. member
Activity: 2604
Merit: 338
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I believe that the fear that people have during this period people are not certain about what they are doing and that could be the most important. That is why I think it's quite realistic to say that most people will look for a mentor type of thing, that has to be the most important thing.

I hope to see that we are going to end up with people who will flock together as well, it is not just the fact that someone needs to be a mentor to them, they also require people who follow the same mentor, so that way they will feel better. I hope that it goes to do very well, and should not be a big deal, it could be a right move if they act together, that should be the most important thing to pick the right people, then it's fine.
Therefore, confidence is very important for us if we want to start something that requires us to stand on our own feet. Because if we don't have confidence then we will always be shrouded in doubt even though we can actually do it.  That's why people choose to pay their trading mentors instead of learning by themselves. But if you want to find a mentor, you must be careful too, because now there are a lot of irresponsible people, especially if they lure a trading signal. I honestly don't believe in it anymore.
It is more comfortable when we can learn together, from there we can share experiences and others, so that we will not depend on mentors but we must be able to learn even more actively to open new knowledge. But it's hard to find an environment like that.
It would be a matter of your own confidence plus the dedication on learning up trading because once you dont have these things then you wont really be having the eagerness on learning things on your own.

Just like been said by most people is that we do have those informations that we could really be making use and could be searched online. Those professional and gurus are also that making use of those
information on which they could really be able to share up with those noobs and claiming that they are the ones who are really that making of those things on which if you are really just that
sensible in regarding about your potential actions then you could really actually make yourself that learn with your own without spending a penny.

Somehow its not bad a idea for you to have those mentors on which you could really be able to follow on because there are really people
who arent really that good when making up those searches.

full member
Activity: 504
Merit: 163
If you want to learn about trading through online, of course you can learn through online, but when you learn about training through online, the secret that is about trading no longer remains open. According to me you can do a course about training in that case you will get enough idea about trading through the course you can get a lot of ideas through youtube videos. But this time it is foolish to expect anything for free you have to train with money then you can do better.
hero member
Activity: 1064
Merit: 589
I believe that the fear that people have during this period people are not certain about what they are doing and that could be the most important. That is why I think it's quite realistic to say that most people will look for a mentor type of thing, that has to be the most important thing.

I hope to see that we are going to end up with people who will flock together as well, it is not just the fact that someone needs to be a mentor to them, they also require people who follow the same mentor, so that way they will feel better. I hope that it goes to do very well, and should not be a big deal, it could be a right move if they act together, that should be the most important thing to pick the right people, then it's fine.
Therefore, confidence is very important for us if we want to start something that requires us to stand on our own feet. Because if we don't have confidence then we will always be shrouded in doubt even though we can actually do it.  That's why people choose to pay their trading mentors instead of learning by themselves. But if you want to find a mentor, you must be careful too, because now there are a lot of irresponsible people, especially if they lure a trading signal. I honestly don't believe in it anymore.
It is more comfortable when we can learn together, from there we can share experiences and others, so that we will not depend on mentors but we must be able to learn even more actively to open new knowledge. But it's hard to find an environment like that.
full member
Activity: 868
Merit: 202
it's okay to pay a certain amount of money to learn how to trade properly, but with the caveat that our mentor is a professional trader who has decades of experience in trading with a portfolio that he can be responsible for. i don't have a problem paying a certain amount of money to be able to take the courses he holds, because apart from being able to study the material, i can also ask him directly about various things that make me confused, because he has experience in the market and he can definitely share his experiences with his students and that can speed me up to be able to position myself in the market.
legendary
Activity: 3654
Merit: 1165
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I believe that the fear that people have during this period people are not certain about what they are doing and that could be the most important. That is why I think it's quite realistic to say that most people will look for a mentor type of thing, that has to be the most important thing.

I hope to see that we are going to end up with people who will flock together as well, it is not just the fact that someone needs to be a mentor to them, they also require people who follow the same mentor, so that way they will feel better. I hope that it goes to do very well, and should not be a big deal, it could be a right move if they act together, that should be the most important thing to pick the right people, then it's fine.
sr. member
Activity: 364
Merit: 195
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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 support your suggestion. If a man tries himself, he can learn trading for free without spending any money. If you try on your own, you'll have more success and you'll learn faster. There are thousands of scammers out there who will rip you off in the name of teaching you. Trading is not a difficult thing that you cannot do if you try. A man can definitely learn when he tries because there is no such thing as impossible. Although it will take three to four years for a person to learn everything about trading, it will not take much time for a person to learn trading on the go. Given two to three weeks he will learn some trading techniques and if he knows some techniques he will be able to trade fairly.

But don't always learn by just watching YouTube because many times YouTube will teach you wrong things. Always try yourself to learn properly. Only by trying yourself can you learn properly. If you get confused after trying it yourself, you can refer to a skilled trader or just watch YouTube to keep yourself going.
hero member
Activity: 3080
Merit: 603
The real experience comes when you come up with real money in crypto. Techniques like paper trading are good ways to learn trading but they don't give you real time experience. It's like learning how to swim from book versus actually swimming in water. One key mistake new comers make is that they follow different crypto signalling groups with intent of becoming rich over night. There are not many who became rich by following signalling group but majority of signalling group owners became super rich. It's best to use your own mind to train it for trading in future.
There is this lesson that we can from the experience of others and that's what I am pointing out when someone hires a mentor. It's not only about the trading concept that they'd tell you but also the experience that they had before. So, that's helpful for those that are valuing experience and if a mentor is a real trader, he'd tell things about those experiences that can help the mentee so that many mistakes will be avoided and they're going to learn from it. Having a mentor is different from having a signal but I think many are confused about that.

Having a trading mentor is a bonus that should be appreciated, meaning you have the opportunity to learn faster than others who learn independently. Mentors can help you from their experience and knowledge, but their trading styles don't have to be the same.
I agree, they're there to help and make your learning faster than the others. It's true that they have their own styles of trading but you don't have to copy them for that but if it is also going to work to you then do your own thing.

Someone who learns independently may take longer to understand the ins and outs of trading well. They need to gain experience even though knowledge can be learned online, but the progress will never be the same as those who have a mentor. Some mentors can make an agreement with their mentee, I mean it's a kind of contract where the mentee may have to pay some fees when he is able to make a profit.
Exactly, and from this path many are stumbling upon and dealing with those signals group because they think that they'd be profitable with that. Having a mentor is going to teach you how to trade and the other things inside it, unlike the signals group, people will tell you to be profit but in the quickest possible way through telling what to buy without teaching fundamentals.
hero member
Activity: 1498
Merit: 711
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If you want to venture into trading without having the clear concept of it we will continue to experience losses that is why it is good for any beginner oh whosoever that is into trading to understand the concept of trading and first before going into it so many of us today who continue to lose and also give trading bad Name, it is same people who does not observe the environment, or learn seriously in cryptocurrency before the entered into it because they have had some people who is a trader always make a profit through trading that will not give you the courage to join what you don't know the rudiments
hero member
Activity: 3052
Merit: 685
Get ready to burn some money if you are on your way to becoming a professional trader. While looking for a mentor is like a shortcut because they'd tell you how they got in and out from the worst trades that they have ever been for you to avoid it. That's why you're paying them, for their experiences and that's very valuable on this market because with its high volatility, they can give you some idea on what you must do if you ever encounter a trade that you're having hard time to get out of it and not to keep on having bad trades and losses.
Learning from the different sources online and watching YouTube videos are still different when you hire a mentor for yourself. Yes, you need to burn some money if you are determined to be a professional trader someday. However, if you don’t have the funds for it, starting over the free sources online and getting yourself a demo account is not that bad. You can learn trading but it will certainly take years for you to master trading in the market.

I suggest if you have a close friend who is a trader, then you can ask some of his certain trading tips and eventually learn from his trading skills and strategies. In the long run, with patience and high motivation to learn, I believe you can still be a good trader as long as you also do your part by having consistent experience in the market.
legendary
Activity: 2618
Merit: 1181
The real experience comes when you come up with real money in crypto. Techniques like paper trading are good ways to learn trading but they don't give you real time experience. It's like learning how to swim from book versus actually swimming in water. One key mistake new comers make is that they follow different crypto signalling groups with intent of becoming rich over night. There are not many who became rich by following signalling group but majority of signalling group owners became super rich. It's best to use your own mind to train it for trading in future.
There is this lesson that we can from the experience of others and that's what I am pointing out when someone hires a mentor. It's not only about the trading concept that they'd tell you but also the experience that they had before. So, that's helpful for those that are valuing experience and if a mentor is a real trader, he'd tell things about those experiences that can help the mentee so that many mistakes will be avoided and they're going to learn from it. Having a mentor is different from having a signal but I think many are confused about that.

Having a trading mentor is a bonus that should be appreciated, meaning you have the opportunity to learn faster than others who learn independently. Mentors can help you from their experience and knowledge, but their trading styles don't have to be the same.

Someone who learns independently may take longer to understand the ins and outs of trading well. They need to gain experience even though knowledge can be learned online, but the progress will never be the same as those who have a mentor. Some mentors can make an agreement with their mentee, I mean it's a kind of contract where the mentee may have to pay some fees when he is able to make a profit.
hero member
Activity: 3080
Merit: 603
Get ready to burn some money if you are on your way to becoming a professional trader. While looking for a mentor is like a shortcut because they'd tell you how they got in and out from the worst trades that they have ever been for you to avoid it. That's why you're paying them, for their experiences and that's very valuable on this market because with its high volatility, they can give you some idea on what you must do if you ever encounter a trade that you're having hard time to get out of it and not to keep on having bad trades and losses.

The real experience comes when you come up with real money in crypto. Techniques like paper trading are good ways to learn trading but they don't give you real time experience. It's like learning how to swim from book versus actually swimming in water. One key mistake new comers make is that they follow different crypto signalling groups with intent of becoming rich over night. There are not many who became rich by following signalling group but majority of signalling group owners became super rich. It's best to use your own mind to train it for trading in future.
There is this lesson that we can from the experience of others and that's what I am pointing out when someone hires a mentor. It's not only about the trading concept that they'd tell you but also the experience that they had before. So, that's helpful for those that are valuing experience and if a mentor is a real trader, he'd tell things about those experiences that can help the mentee so that many mistakes will be avoided and they're going to learn from it. Having a mentor is different from having a signal but I think many are confused about that.
full member
Activity: 1190
Merit: 212
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Nowadays online and an experienced mentor can be enough to learn trading. Nowadays we are living in the age of internet. Now we can learn a lot through many free resources. YouTube or other websites to learn trading will help you a lot And agree with you that you need to spend a lot of time to learn trading, maybe it's a few years. When you combine all these things and keep learning and being patient and working regularly, you can hopefully become a good trader from here on out. But in this case, people's laziness and not giving importance to free things is the biggest stupidity.
We can get trading knowledge anywhere and to be able to direct what we have found on the internet or in this forum, we need people who have a lot of experience in this field so we can ask what we don't understand after looking on the internet and we have to Have patience in going through the learning stage because if we are not patient in learning, of course we will easily give up and leave trading.
Those who are lazy to learn knowledge about trading will of course never be able to become a trader and if they continue to trade without having the knowledge of course this will cause them more losses.
member
Activity: 364
Merit: 33
Nowadays online and an experienced mentor can be enough to learn trading. Nowadays we are living in the age of internet. Now we can learn a lot through many free resources. YouTube or other websites to learn trading will help you a lot And agree with you that you need to spend a lot of time to learn trading, maybe it's a few years. When you combine all these things and keep learning and being patient and working regularly, you can hopefully become a good trader from here on out. But in this case, people's laziness and not giving importance to free things is the biggest stupidity.
newbie
Activity: 25
Merit: 0
i agree with you that someone can learn how to trade from the internet, yes it's true there are many videos on YouTube you can from.do you that when you pay to learn is good if you have the money, in every field you found your self they are professional in that field.if i learnt from the internet for someone to become professional in it,is when that very particular thing you are doing becomes part of you.and remember they secrete in every thing. if you have a mentor and he knows he job it's more good than the YouTube. to be professional it. you need such much knowledge of that trading.
sr. member
Activity: 266
Merit: 205
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


Are you f**king serious, you don't have to be thought before you masters the craft?  This is the exact reason why most traders always lose their hard earned money, because they just watch one two or three videos on YouTube and believed that they are good to go, not until they have been liquidated more than once, that's when they will start saying that trading is a scam.

If an not mistaken, you said that most of this guy's don't know anything about trading, that they just want to eat your money, by showing you only the theories, but I can tell you that you have not met the right person that knows the craft, if you have been ever thought by someone that knows the craft, you will know that you were just deceiving yourself since thinking you can learn it on your own, truly thinking you can learn it on your own  is the major reason people lose money in trading.
hero member
Activity: 2968
Merit: 687
Get ready to burn some money if you are on your way to becoming a professional trader. While looking for a mentor is like a shortcut because they'd tell you how they got in and out from the worst trades that they have ever been for you to avoid it. That's why you're paying them, for their experiences and that's very valuable on this market because with its high volatility, they can give you some idea on what you must do if you ever encounter a trade that you're having hard time to get out of it and not to keep on having bad trades and losses.
Definitely if you want to do anything trading money will be involved and there is no guarantee that you won't lose money and I do not think a mentor should be a shortcut there are people that don't learn on there own they learn faster when they are thought. Everyone will do what will favour them. In that case if getting a mentor will get you to your goal and then you can give it try. And everyone do tell stories of how there journey as been. So something almost every one talks about. I have seen some people even go ahead to register to learn trading so you won't blame anyone for there actions we all are just trying to make a living. And all this you are explaining might have happened to some people there are also people that have made good money starting from mentorship. If they have decide to get mentored the we should encourage them we don't know if  that will be there breakthrough.
Having a mentor isnt bad but you should really be also doing your assignment and making up those things as long you could be able to make yourself learn. Dont haste up yourself on learning trading because this would really be causing up that errors and mistakes. Just like on what you have said that losing is inevitable no matter how good you are as a trader. This is why it would be better that you should anticipate those loses
and dont expect much on being profitable specially when you are still that starting up because you would really be prone into lots of mistakes and errors on which it would be causing out that great disappointment and possible anger that you could really be able to feel.

Mixed emotions are normal because we dont really like on losing money on which its a common approach but as the time that you are already making some
engagement and you do earn those experience then you would really be definitely be able to learn up something naturally.
hero member
Activity: 826
Merit: 641
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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
That's the spirit, I learned how to trade myself without paying a cent to anyone and I've ever encouraged people to do so. But whether we like it or not, it's not everybody that can yield to this advice. First, some people do not have the Will to do it and when they want to force themselves to do it, they may not have that Zeal.

Also, some people do not have much time to surf the internet and search for various resourceful books and articles about trading. This could be due to their work and other engagements that cause a tight schedule. It might be fine if they go straight to the point, and having the right person to point them in that direction is always their option and could be the best decision, and it is fast at the same time. Above all, if one can afford the external teaching, why not, but the teaching must be such that is worth it. That's my only concern here.

About your points above;

1. This is good but I prefer the PDF and other written articles. Nevertheless, it is always good that the ones needing practicals are decisively practised by the learner.

2. I don't buy the idea of the conferences, or do you mean to say trading seminar? If that is it, then it is good. Webinar is also very good as I've learned one or two through both.

3. Do you think the mentor will reveal much without you paying? I don't think so.

4. This is the most important part. You do not just learn from people, you practice what you learn and that's what inculcates experience in us. And through this, you may even modify/advance on them to know better than those who taught you if you are smart.
sr. member
Activity: 952
Merit: 391
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Get ready to burn some money if you are on your way to becoming a professional trader. While looking for a mentor is like a shortcut because they'd tell you how they got in and out from the worst trades that they have ever been for you to avoid it. That's why you're paying them, for their experiences and that's very valuable on this market because with its high volatility, they can give you some idea on what you must do if you ever encounter a trade that you're having hard time to get out of it and not to keep on having bad trades and losses.
Definitely if you want to do anything trading money will be involved and there is no guarantee that you won't lose money and I do not think a mentor should be a shortcut there are people that don't learn on there own they learn faster when they are thought. Everyone will do what will favour them. In that case if getting a mentor will get you to your goal and then you can give it try. And everyone do tell stories of how there journey as been. So something almost every one talks about. I have seen some people even go ahead to register to learn trading so you won't blame anyone for there actions we all are just trying to make a living. And all this you are explaining might have happened to some people there are also people that have made good money starting from mentorship. If they have decide to get mentored the we should encourage them we don't know if  that will be there breakthrough.
full member
Activity: 856
Merit: 111
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YouTube really discusses a lot of things related to trading and cryptocurrency. But sometimes.... as long as it is content, the responsibility of the content creator is only to entertain and look for viewers, even some important knowledge that is most sought after by everyone, is deliberately hidden for "kitchen secrets" reasons.
Yeah, a lot of free contents in YouTube nowadays that tackles about trading. You can start with all of that stuff and learn your techniques but you have to apply your own trades to yourself with your own money.

You'll get to see those content creators that have real intentions of helping their community and people to upskill in trading and there are goes that keeps talking about money milking from their viewers.

With the latter, if you have noticed that to the content creator you follow then stop wasting your time on them.
YouTube helping me directly or indirectly in the trading, because i am following some YouTuber's those are very experienced in this filed, and they really trying to share their strategies and other technical knowledge, but a lot of creators are making crypto trading related videos just to earn money, so we have to out find real traders on the internet.
legendary
Activity: 3094
Merit: 1127


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
5. Practice or simply experience make learnings
6. Minimize risks as much as possible
7. Be versatile
8. Dont be impulsive or chasing up making profits.


Its true that you wont really be able to make yourself that able to learn if you are really just that too lazy on learning things.
Its not bad to see others analysis but paying up some money for you to be able to learn? You could actually get it for free.
Internet is your friend and it is really just that a matter of action which you would really be needing to do.
You cant really make yourself that be a good trader in a short period of time.
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