Stop paying money to learn trading when you can learn it yourself - page 2.

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: Stablexcoin on March 17, 2024, 06:47:02 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

1. This do requires time and serious understanding- For those who do have dayjob then they could snip out some extra time to check out these things or simply making up those study
after work.

2. Not that much of an important thing but if you do have the opportunity then its not really that a bad option either.
3. There are ones who are preferring on someone who would be able to guide them but we know that free teaching mentors is not something common.
Most of them have sub fees or any payment or whatsoever.
4. This would really be the main key for you to have that progress, try and try until you would be able to get that sufficient experience on which this could really benefit you on long term.

Taking a good grasps into this market is never been easy. You would really be needing up that sufficient time and effort for you to be able to
sustain up into this very volatile and unpredictable space.

Troytech

sr. member

Activity: 98

Merit: 55

Quote from: Stablexcoin on March 17, 2024, 06:47:02 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 agree that self learning at times is good and we could use resources available to start but the would advice anyone to do that, having mentorship at times supersedes self learning cause they are lots of mistakes that you wouldn't have to make, let's assume forex trading, I have a friend that has been learning fored on his own trying to develop a strategy for himself, he has lost a lot of money and at times I know how he feels about it .

Although if someone doesn't have the money to afford mentorship it's okay he can learn from other resources while he gets the money Although at times some subject are easy to learn and doesn't involve much to learn. Good topic anyway.

Dzwaafu11

sr. member

Activity: 742

Merit: 366

Quote from: ultrloa on May 30, 2024, 07:55:28 AM

Lots of people are so lazy searching those available free resources they can use to gain online about trading online. But instead they always go on something that offer them a good risky offer since for them this is the easiest way for them to earn money. But they didn't realize that the more they take a risk believing on those people fooling them the higher the chance that they are just wasting their time and money from them.

If they could just be able to do these steps and exert some efforts to research this information, then provably they can learn trading on their own way. But if they are still doubting and get confused about some information that they are interested to know then it would be great if they would ask a question in this forum since for sure that they can learn a lot of things by the answers given by lots of people base on the topic they want to tackle in their created thread.

Yeah. But to me, I will prefer someone to teach me trading than to learn the whole process by myself online and on YouTube. because trading is very risky and everyone knows that, so it is better if I get a professional trader who knows much about trading and has also been successful in his trading journey to teach me how to trade. The steps outlined by the OP are not bad, but still, I would rather get the knowledge physically. Although it is not bad to search for it yourself, based on how I understand things, including the way trading works, someone really needs a good guardian before doing it on their own.

Furthermore, using online searches and YouTube videos alone may get you confused because there are some concepts that you must not understand, so you need to ask questions, and without any knowledgeable trader close to you, you may end up getting false information, which will cause you a loss when you are ready to trade.

Lantind

sr. member

Activity: 2324

Merit: 263

Quote from: fuguebtc on June 03, 2024, 09:56:19 AM

The truth is that there are no experts in this market and all predictions are only relative, with no guarantees or absolutes. But the sad thing is that many people are too lazy, do not want to spend time studying for themselves, but want to get rich quickly through others. That is also part of the reason why trading signal groups were born, so the fault here is not only the people who open signal groups but also the fault of lazy people who want to get rich by relying on others.

The market is like a battlefield, if someone sells at a high price, there must be someone who buys at a high price, if there is a winner, there must be a loser, that is the law of the financial market. Signal groups, in addition to being a place to collect fees from those who like to get rich based on others, are also a place to create liquidity. I see many people complaining that the admin in the group always buys tokens at a cheaper price and then signals everyone to buy to push the price up and they silently take profits. To be honest, joining a signal group has no benefits other than just making us lose money.

It is true that no one can guarantee every prediction made by someone and it would be better for us to have our own understanding and not rely on other people's predictions for the trading we do. Those who are lazy to learn about trading of course think they will get rich quickly by relying on it. For other people, of course this is the wrong choice and I myself would not trust this signal group because it is impossible for them to easily provide what they understand well and in the face of market conditions that are difficult to predict, of course this is not the right choice.

jeraldskie11

sr. member

Activity: 1316

Merit: 356

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.

fuguebtc

hero member

Activity: 1974

Merit: 539

Leading Crypto Sports Betting & Casino Platform

Quote from: redsun114 on June 02, 2024, 09:51:32 AM

Quote from: fuguebtc on May 31, 2024, 04:15:11 AM

We just need to think simply like this, if they are really trading experts and can easily make profits from trading. So why do they need to open a signal group and collect fees from there? If I can make 1k$-2k$ profits consistently every day through trading, why would I take the time to share signals with everyone and take the time to explain them? So, those who cannot make money from trading are those who come up with ways to provide signals to others to make profits, IMO.

I completely agree with that. I believe that people running signal groups are failed traders who tried but could barely make enough profit from trading themselves and now they are selling signals and earning money from that while their signals are not always accurate because if they were experts, they would have been successful traders themselves and they would be focusing on their trading instead of creating groups and taking money from people to help them make profit. It doesn't make much sense.

I have the same feelings for people who sell courses online and teach people how they can earn money doing certain things because if they know so much about those things and know how they can earn money from them, why aren't they doing those things themselves instead of creating those courses?

The truth is that there are no experts in this market and all predictions are only relative, with no guarantees or absolutes. But the sad thing is that many people are too lazy, do not want to spend time studying for themselves, but want to get rich quickly through others. That is also part of the reason why trading signal groups were born, so the fault here is not only the people who open signal groups but also the fault of lazy people who want to get rich by relying on others.

The market is like a battlefield, if someone sells at a high price, there must be someone who buys at a high price, if there is a winner, there must be a loser, that is the law of the financial market. Signal groups, in addition to being a place to collect fees from those who like to get rich based on others, are also a place to create liquidity. I see many people complaining that the admin in the group always buys tokens at a cheaper price and then signals everyone to buy to push the price up and they silently take profits. To be honest, joining a signal group has no benefits other than just making us lose money.

junmisakiro

full member

Activity: 643

Merit: 116

Enterapp Pre-Sale Live

Quote from: SOKO-DEKE on June 02, 2024, 10:09:20 AM

Quote from: Gladitorcomeback on May 29, 2024, 11:41:51 AM

To be honest, trading is difficult for someone who isn't very fast

Honestly, trading is not easy at all, and that is the reason why someone needs good knowledge about trading before they should start; if not, they will just be losing. It is very hard to be successful in trading without having good knowledge about trading. Some newbies do try to trade sometimes, thinking maybe they will be lucky because people are comparing trading to gambling, but they always lose because trading doesn't fully base on luck; it is 80% based on knowledge

What you say is true, so of course someone needs knowledge from various means, either through the media or consulting with paid experts online or offline, so I agree with the OP who stated, "Anyone who tells you that you can become a profitable trader . in just two months is a liar." therefore it is impossible for such a short time. However, I have personal experience, when I was offered to take an online course about trading through one of the media that I obtained because I was not careful in choosing the online course and the organizer, I was cheated by the organizer, even though I had already registered. Even though the pay was not much, I was disappointed with his behavior. Hopefully you all don't experience something similar.

SOKO-DEKE

hero member

Activity: 882

Merit: 581

Quote from: Gladitorcomeback on May 29, 2024, 11:41:51 AM

It depends on the mind of someone and their ability to grasp ideas.

I don't see anything wrong in paying money to learn trading as long as you get what you want. The only reason I would advise against paying for trading lessons is if you already have the basic knowledge and skills needed for trading, as this foundation can help you learn and understand new concepts more easily on your own. In fact, for me personally, I prefer learning in a physically rather than online because I find that I understand better when I can interact directly with the instructor and ask questions about any parts I find confusing at any stage of the learning process.

Quote from: Gladitorcomeback on May 29, 2024, 11:41:51 AM

To be honest, trading is difficult for someone who isn't very fast

Honestly, trading is not easy at all, and that is the reason why someone needs good knowledge about trading before they should start; if not, they will just be losing. It is very hard to be successful in trading without having good knowledge about trading. Some newbies do try to trade sometimes, thinking maybe they will be lucky because people are comparing trading to gambling, but they always lose because trading doesn't fully base on luck; it is 80% based on knowledge

redsun114

hero member

Activity: 2730

Merit: 585

Leading Crypto Sports Betting & Casino Platform

Quote from: fuguebtc on May 31, 2024, 04:15:11 AM

We just need to think simply like this, if they are really trading experts and can easily make profits from trading. So why do they need to open a signal group and collect fees from there? If I can make 1k$-2k$ profits consistently every day through trading, why would I take the time to share signals with everyone and take the time to explain them? So, those who cannot make money from trading are those who come up with ways to provide signals to others to make profits, IMO.

I completely agree with that. I believe that people running signal groups are failed traders who tried but could barely make enough profit from trading themselves and now they are selling signals and earning money from that while their signals are not always accurate because if they were experts, they would have been successful traders themselves and they would be focusing on their trading instead of creating groups and taking money from people to help them make profit. It doesn't make much sense.

I have the same feelings for people who sell courses online and teach people how they can earn money doing certain things because if they know so much about those things and know how they can earn money from them, why aren't they doing those things themselves instead of creating those courses?

Ever-young

sr. member

Activity: 1288

Merit: 231

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: adaseb on March 17, 2024, 11:11:46 PM

Trading signals will always in the end cost you money. They are generally profitable in the short term but never in the long term.

Right now anyone can make money as long as you buy. But eventually markets will shift and when it starts to become bearish, all those trading signal groups will go broke and shut down.

Just learn the basics on YouTube and the rest is all about experience.

I'm totally in support with you, in this world nothing is really a guarantee, even if you get the source from the experts, you might lose or gain, especially if it's comes from humans, the only thing I don't joke with it, it's anything that comes from God, which I know he knows everything but from humans, it can only be grace but that doesn't mean I won't listen to them and I will take their advice or suggestions too but not always and there are some things we have to learn by ourselves to get better understanding and there somethings we also ought to experience by ourselves to learn more too beside experience is part of life, without experience we won't get the idea or the knowledge and understanding of things.

senyorito123

hero member

Activity: 1764

Merit: 505

20BET - Premium Casino & Sportsbook

Quote from: Peanutswar on June 01, 2024, 01:13:19 PM

With the help of the internet resources now is more easier and accessible to the public, all we need is to use all of that information can be help to our trading, but it depends on the person's capability, some person must need to have a trainer that someone assist them what are the strategies, and techniques. Others can learn from their own but they will meet in the same way through experiences because once you met already a specific thing you will remember those if you lose or you win because you encountered already you know how to handle it now properly. I learn from my own but of course what if someone teach me more base on their experience its a good thing too.

Maybe my experiences is lesser efficient to compare from yours mate, I can only provide details with small gains and a bit of successful trades. Using trading features like investing with their platform buy and sell is a strategy that I'm doing right now. I stopped risking money in huge amount with futures and auto trading because it eventually makes my asset drained. With dual investment at exchange site that I'm using, you'll sustainably grow your coins as long as there's an active market trend.

Peanutswar

legendary

Activity: 1750

Merit: 1329

Top Crypto Casino

With the help of the internet resources now is more easier and accessible to the public, all we need is to use all of that information can be help to our trading, but it depends on the person's capability, some person must need to have a trainer that someone assist them what are the strategies, and techniques. Others can learn from their own but they will meet in the same way through experiences because once you met already a specific thing you will remember those if you lose or you win because you encountered already you know how to handle it now properly. I learn from my own but of course what if someone teach me more base on their experience its a good thing too.

bettercrypto

sr. member

Activity: 1498

Merit: 271

DGbet.fun - Crypto Sportsbook

Quote from: Stablexcoin on March 17, 2024, 06:47:02 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

Watching the YouTube tutorial about trading, I can't deny that it doesn't help, but it really helps somehow. Even if not everything said in the video is true, there is still a part that is true.
So we, as viewers on this platform, need to carefully filter what is said in the tutorial to see if there is truth or not.

It's just like when we buy beef at the grocery store, isn't it our habit that when we get home we wash it again before cooking? So it's the same with our trading study page.

Stable090

sr. member

Activity: 854

Merit: 451

Quote from: Gladitorcomeback on May 29, 2024, 11:41:51 AM

It depends on the mind of someone and their ability to grasp ideas.

You are right, and I will also say some people are always finding it difficult to learn online, some people prefer to learn from people whom they will be seeing physically, so we are just different from each other, not everyone will learn when they are reading books, so we should all do what works for us. If you are the type that can easily assimilate when you read books and watch tutorial videos, then it’s fine, but if you are the type that learns easily when someone teaches you physically, then get someone, but make sure you are getting someone reliable.

Quote from: Gladitorcomeback on May 29, 2024, 11:41:51 AM

To be honest, trading is difficult for someone who isn't very fast

Trading is really difficult, you have to be dedicated and ready to learn. Some people think trading is easy and they can easily make money from it, so they don’t care to accumulate much knowledge about trading before jumping into it.

stomachgrowls

hero member

Activity: 3010

Merit: 794

Quote from: Essential10 on May 31, 2024, 12:00:35 PM

Quote from: Cryptoababe on May 31, 2024, 08:45:12 AM

I used to tell people that anyone who trades and make a lot of money from it won't come and gather people to collect money from them to learn to trade. The best way is to learn by one self as you have said and their are lots of videos and free pdf out there.

You can make quick money from trading in a very short period of time but it depends on your trading skills. You can't prove yourself trader just watching youtube videos, nor can you progress by just following signals. But yes you can do one thing if you can learn trading from skilled traders by following their rules directly. Of course, the most important thing to learn trading is to have money and have an amount that you are not afraid to lose because you can lose it quickly if you start trading.

When it come to profitability then it would really be that totally depending on how well you are with your trading on which you cant really just that make yourself that be profitable if you dont really know on what you are doing. Of course it would really be always be that reflecting on how well you do make your trades. We do know that trading skills isnt something that could really be learnt in a short time period on which this would really be needing that tons of time spent and loses and wins on which you could really be able to encounter before you would really be able to have a good grasps of it on which of course this wont really be that taking a short time. This is why not all would really be that successful on dealing up with this on which there are ones who do succeed and there are ones who do fail.

For information on which you would really be needing for you to know about trading then everything could really be seen or searched up online. The rest of learning could really be acquired
on the moment that you would really be engaging with it because there are things which cant really be learned with just reading but rather you would be able to learn
those things on actual.

Essential10

full member

Activity: 448

Merit: 130

Quote from: Cryptoababe on May 31, 2024, 08:45:12 AM

I used to tell people that anyone who trades and make a lot of money from it won't come and gather people to collect money from them to learn to trade. The best way is to learn by one self as you have said and their are lots of videos and free pdf out there.

You can make quick money from trading in a very short period of time but it depends on your trading skills. You can't prove yourself trader just watching youtube videos, nor can you progress by just following signals. But yes you can do one thing if you can learn trading from skilled traders by following their rules directly. Of course, the most important thing to learn trading is to have money and have an amount that you are not afraid to lose because you can lose it quickly if you start trading.

Fiasem20

member

Activity: 322

Merit: 70

Technology has made learning comfortable for everyone,that you be at home turn on your mobile data and stream any online courses.Don't get deceived that if it's not an offline course on trading you can't learn trading, that's not true,you can learn trading online and where people get it wrong is when they learn trading for 3-4 months,no matter how fast you catch up things trading should be a different thing.Learning trading on online courses is less expensive compared to offline courses that very expensive, though we know knowledge is not free but in case we can learn online with affordable money.

Cryptoababe

member

Activity: 919

Merit: 19

Do it For Better Humanity (Bitget trader)

I used to tell people that anyone who trades and make a lot of money from it won't come and gather people to collect money from them to learn to trade. The best way is to learn by one self as you have said and their are lots of videos and free pdf out there.

avp2306

sr. member

Activity: 1022

Merit: 363

Quote from: OrangeII on May 31, 2024, 03:14:27 AM

Quote from: armanda90 on May 31, 2024, 02:09:07 AM

Many source and social platform to learn with cryptocurrency trading and I don't think need for joining paid signal trading group, waste your time and your money for paying signal trading group because most of them always sharing late for buying coins and talk us after price pumping.
I joined some telegram group and not worth yet behind their signal information always share into the group after price raising up and seems not profitable yet if buy.

Difficult to find with paid group of cryptocurrency signal sharing early when price still down and all user has bigger opportunity to earn much profitable not only the owner. Better save your money than waste for paying signal group and learn by your self on many social platform give education about cryptocurrency trading exactly at Youtube platform will make us easily understand step by step for trading in bitcoin or altcoin.

Yes, sometimes people want instant things. By joining a paid group like that, they hope for a signal that will give them a profit, or something else. However, in the world of trading, everything is always changing, and it is better if we learn it ourselves. Well, maybe at first we will have difficulties and encounter many obstacles. however, sooner or later, we will get used to it. Until now, there is a lot of material regarding the basics of trading, tips and tricks, and other things that can be obtained for free on the internet. People just need to try harder.

For wanting those instant things they like they didn't realize that they are starting to fail especially if the mentors they get are just there for money and they don't even do a 1 on 1 teaching to team since they can only get less knowledge with that. So for this its really better for them to spend some time to learn about trading for theirselves. There's a lot of resources we can get if they would just able to search the trading word online. If they are eager to learn about trading then they most be consistent to learn about it and there's should be self improvement should be made since if they became lazy after they know that its hard to learn trading then for sure they will not go anywhere with that attitude.

There's really lots of basic material online and its for people to learn from it and those who are consistent with their learnings are for sure would became more better trader and there's high chance that they would get a high rate to became a successful trader.

fuguebtc

hero member

Activity: 1974

Merit: 539

Leading Crypto Sports Betting & Casino Platform

Quote from: OrangeII on May 31, 2024, 03:14:27 AM

Quote from: armanda90 on May 31, 2024, 02:09:07 AM

Many source and social platform to learn with cryptocurrency trading and I don't think need for joining paid signal trading group, waste your time and your money for paying signal trading group because most of them always sharing late for buying coins and talk us after price pumping.
I joined some telegram group and not worth yet behind their signal information always share into the group after price raising up and seems not profitable yet if buy.

Difficult to find with paid group of cryptocurrency signal sharing early when price still down and all user has bigger opportunity to earn much profitable not only the owner. Better save your money than waste for paying signal group and learn by your self on many social platform give education about cryptocurrency trading exactly at Youtube platform will make us easily understand step by step for trading in bitcoin or altcoin.

Yes, sometimes people want instant things. By joining a paid group like that, they hope for a signal that will give them a profit, or something else. However, in the world of trading, everything is always changing, and it is better if we learn it ourselves. Well, maybe at first we will have difficulties and encounter many obstacles. however, sooner or later, we will get used to it. Until now, there is a lot of material regarding the basics of trading, tips and tricks, and other things that can be obtained for free on the internet. People just need to try harder.

We just need to think simply like this, if they are really trading experts and can easily make profits from trading. So why do they need to open a signal group and collect fees from there? If I can make 1k$-2k$ profits consistently every day through trading, why would I take the time to share signals with everyone and take the time to explain them? So, those who cannot make money from trading are those who come up with ways to provide signals to others to make profits, IMO.

After all, all signals are for reference only without any guarantees, and a person with only basic knowledge of technical analysis can do it . Therefore, with just some time and determination, we can learn how to trade on our own without having to depend on other people's signals.

Topic: Stop paying money to learn trading when you can learn it yourself - page 2. (Read 2412 times)