Topic: Stop paying money to learn trading when you can learn it yourself - page 2. (Read 1673 times)

I agree with that, and the same thing is true for people who teach skills or ways to earn money online, I mean if they were able to use the same methods and techniques to earn so much money, they wouldn't be working so hard on creating courses, videos, lessons, and everything just to teach others how they can earn money only to get a few bucks out of them, they basically do it because they aren't successful in anything else and they want to earn some money by doing this.

It is just like watching a video about how one can earn millions of views in a month while the video teaching you that has a few hundred views itself, lol, this shows that people often teach what they aren't successful in themselves and I wonder how can such people make others gain success.

Of course, knowledge is the best key to success in whatever you want do in this life, and if you don't have knowledge about it first before starting, it will not go as well as you want. And actually, knowledge is not free, we can use our money to buy it, but theirs is so important that we make the most of our money to get it. To be honest, trading is something that we can just start and become familiar with in a few weeks. Trading has various parts that we need to visit and learn so much about in order to become experts. Even those that are making tutorials online about trading they're only teach the theory aspect, and not all people quickly understand the theory aspect. That's why I don't blame those people who direct themselves to YouTube to watch some movies about trading.
To become a professional trader is not a day job, it takes a very long time before you can become a professional trader. And with that, we can just sit down and become professional traders. You need to build yourself up and do much research about the trading. You have to go into every part of the trading, which is the technical analysis and so on. Because some people's own is even more than 3 to 5 before they can be consistent in trading and also be professional traders.
 

As I said, it's not really about paying money to learn its the people who are trying to sell their courses are not really traders is my argument. They are making money by selling the courses and they show you some images which even can be real and its possible to make it happen even by a newbie trader as long as they know exchanges, how to sell and buy. But we all know trading is not only about buying and selling.

You do know that there are people who are really that practical on which on the time that they would really be able to see that they could literally be able to see those informations online for free, then expect that they would really be making out those bashes that its never been worth on paying up for some premium if you could actually be able to get it for free. Somehow there are individuals who do really like on someone who would really be gonna mentoring them out on which means that on the time that they wouldnt mind if they would really be paying extra if they could really be able to fasten up their track on learning up things which it isnt really that a bad option for those who do have the money but actually its not really that necessary since you could really be able to learn up for yourself for free. It is really just that there are people who wouldnt really be that liking
on spending on something which you could actually be able to get it without any cost.

There is nothing wrong in paying premium to learn but the one who you are paying should be the question here.

AFAIK, everyone promotes them as a successful trader via social media is craps they don't really make money from trading but lying about it and asking people to $49 or $99 or whatever the amount they ask is their main source of income. I see that no successful traders will be interested in selling their secrets for a hundred dollars.

You guys make it look funny to me at times when I read a thing like this because you seem to be over-emphasizing this, Do you mean that the person who learned through payment means is not wise? C'mon! It is not particularly true. I learned trading myself but I will never condemn anyone that learns it in a premium way. It depends on the person you are talking about, can the person be so clever like yourself or even have the time to search over and over again? These are good facts, especially if such a person can afford it, why not? One important thing about learning through payment is that the person will not be perambulating baselessly when looking for the right path.

The experiencer trader in the field who is willing to put him through for a stipend might make it easy for such a person and there is no big deal here. The research must have been done by the tutor and the right materials, teaching and guide delivered more easily than the way it would have been if the person went through all that by himself. Also, I have seen enough half-baked traders all over the place, and I think the reason is the way they learn independently. They actually do not have much guidance, if any, but could have started learning from the middle instead of learning it from the beginning. You can imagine anyone learning the alphabet starting from the middle, what much can such do? Only a few independent learners can vouch to be good traders today, so why take it as a big deal?

Paying is not a big issue if you are paying to the right person. But if you are just paying these signal groups who claimed themselves as trading expert, that is a different story. In that case, I'd rather watch online tutorials, read books, etc as I could certainly learn more without wasting my time and money.
I could pay a person as long as I can assure that I could something in return because not all the things we are able to learn from the internet, many ideas can be found during actual trade. At least having someone at the start is enough, we can learn more as we go on.

Sure, learning about crypto is not easy as many people think it is especially crypto trading which involves various techniques and tricks that need attention, dedication and some sacrifices to learn and not within short period of time.

Some people think that after making payment to learn about crypto from some crypto experts, they think that they can easily get everything on time and start making money immediately, not knowing that even if you paid to get the right information, you will need to sacrifice your time and dedicate yourself towards learning before you can get it right.

Learning about fund management doesn't look easy. It tends to be a difficult thing for us to do. There are those who tell us about traders who are profitable for a few months. In fact, the results are impossible. You need several years to produce maximum results with a positive mind. It's much more. Well, learning cryptocurrency is not as easy as you see. You can start with demo trading to observe the market by testing your own knowledge to be more successful in your future.

indeed its such a silly way to waste money meanwhile they could easily use that money to start trading on their own ignoring all of these useless course which material actually just coming from curated free material out of youtube and then remaking it.

if a newbie wanna learn the basics of trading its better if they can head out to the exchange that they trust usually they have some basic material for learning trading and investing that they could get for free since you are potential customer of that exchange usually their trading material is top notch no need to pay unnecessary fee, use that money to start trading as soon as possible to know the ins and outs of trading and investing. by doing that you already doing yourself a favour to speed up the process of learning.

therefore its simple really, even binance is having their own specialized resource exactly for this called binance academy.

We should take help from the mentor at start but with the passage of time we have to learn because taking help from mentor will require charges and if we give charges for whole of the life to mentor then we can put it in trading or investment if we learn from our experience.

If someone is newbie and follow his mentor then there will be low chances of loss but mentor can also make false decisions because market is not known by mentors also but he is doing everything according to the market prediction and his experience.

i really laughed when i found out that there are still many people who are willing to spend hundreds or even thousands of dollars just to join a trading seminar even though the knowledge shared there can be obtained easily on the internet today or directly by meeting a trusted personal mentor.  Learning autodidactically on YouTube is very good, but it's even better and more effective if you learn directly from a trusted mentor, who already has experience and a good reputation in trading.

In my country Indonesia, has one community too excited with trading signal group and most of them paid almost $600 to $1k for joining their telegram channel with nonsense update about accurate signal.
I don't know how crazy want to spend more than $600 to get nonsense signal trading without 30% accurate behind most of their coins recommended to buy dropping drastically more than 70% since first time publishing to buy. The owner of this signal paid group always showoff with his profitable earn and too risk that signal recommended with future trading, I think stop waste money for paying signal trading most of their coins recommended never accurate above 60%.
Almost all altcoins recommended get crash and make research by your self without depend on the bad telegram signal group.

I would also prefer to pay as long as it’s worth the money. But if you think spending would be not ideal for you, then you can have all the free resources online that are worth to read and explore. Besides, you don’t have to rush in trading, so take time in learning all the basics and once you decide to trade with real account, that’s where your knowledge and skills will be developed and enhanced more.

Set your own preference to maximize learning in trading. No one will judge you for that. The important thing is you learn the do’s and don’ts in trading which will help you limit your losses and maximize your trading gains and profits.

Every person who has just started to enter trading, of course they must be able to learn so that they can trade well and profitably for them, looking for online learning classes is of course a legal thing to do, but they must first analyze whether online learning classes are available. What we will choose to learn trading really has a good history or can make someone successful in the trading they do, because if we choose the wrong online learning class, of course it will be in vain and just waste money and this is really very detrimental for those of us who have spent money and did not gain knowledge about trading properly.

When beginners try to trade, of course they must be able to try with funds that they can afford to bear the possible losses they will experience on their first try, because if they continue to try with large capital and they fail at trading, of course this will make them no longer continue trading and will no longer study it because they have experienced big losses, but with a little capital of course they will be able to correct the mistakes they made and try trading again.

there is a lot of information online and what you want to learn is personal. When that decision is made, it is never easy but those that are determined are the ones that will graduate personally from trading, and if it is trading, there are a lot of ways to make it work. If you want to make money, then you should be ready to make it work. It is not like you will give yourself a choice and that is what dedicated traders do.

Trading is not as difficult as people think and if it is about jobs trading is less stressful and pays more than some actual jobs but people still feel lazy to actually read and learn and that is like the simplest thing to do when you want to make money.


i also agree with you that paying to learn is absolutely not a bad thing but make sure who you are paying to is legit, so that you wont go and pay and not learn anything that is the problem, the kind of money does guys charge to learn is huge so instead of paying that huge amount of money you can at the same time just invest it. if anyone is capable of paying and still have money to invest then it wont be a bad idea. but why collect that huge amount of money for something you learn for free. it is not nice in fact you want to learn I wont collect any money from you.

We need to be wise especially for the newbies that are aspiring to learn how to trade. It is very good we search online for classes one can join to learn about trading. To pay for classes learning about trading is a good endeavor also we need to be wise to learn from an academy not from a single person that have claimed to have learnt about trading ready to teach others asking for huge amount of money and fee. It will be wise we ask questions that will help us to get what we want about trading so we can learn with ease and start trading on our own.

Paying to "learn" is okay in my book, it is paying to learn what they should buy that makes no sense to me. I get that some people do not want to make the research themselves and that's why they end up paying others so they could be told which coin to buy and which coin to sell etc etc but the reality is that it wouldn't be smart to do something like that.

I believe that the best thing to do would be just focusing on how you could end up with a greater return if you know what you are doing yourself. That means, you need to learn how to figure out what to buy yourself, and if you want to pay to learn that part then I am fine with that, there are many great free resources as well so you do not have to, but definitely learn it yourself.

Learning from someone isn't dependence Mate, Just like you paying school fees for a course isn't you being dependent on your Teacher. I know anyone can learn anything but there is what we call coordination in a Learning process, where you have to learn the right thing at the right time.

You can only have only build your system when you have already gotten a sound and solid knowledge, a beginner can't build a system by watching YT video believe me or not. After the actual process then you have your edge and how you view the market. We can't lie about the fact that its really hectic to start as a beginner without guidance from someone, most of us that went through same process will not want to pass through again.

In essence let us not make it sound like those who are paying ain't serious. In the world of trading everything works for those who put efforts to understand. There you have your own experience and story to tell.

Actually everyone can learn on their own without having to spend money like private lessons with professional mentors because obviously it will cost you a lot of money to pay them because on the other hand there is no guarantee that you will really be able to become a successful trader with their guidance. Every trader who has managed to achieve success in the world of trading they have their own way of trading or looking for profits without dependence on others, meaning they have all the understanding and knowledge from their own experience when they process and not from dependence on other parties.

Every beginner is required to know about all things related to the world of trading, especially in terms of preparation such as knowing that a trader must have good planning, time and money management, have risk management, self-control or the ability to control themselves and have money as capital, but all of this you can find out for yourself by looking for information from several sources of reperence such as for example on social media or on YouTube because there are already quite a lot of people - people especially professionals who share about things that a beginner must prepare when he wants to become a trader, meaning you can do it yourself. As I said above that every trader has their own way of making a profit and maybe you have heard or even felt that when you try the strategies of other traders who are even experts sometimes the strategy does not work or does not make a profit when we try it, meaning that every trader who has been successful they have their own formula or recipe in turning decisions into profits.