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Topic: Stop paying money to learn trading when you can learn it yourself - page 3. (Read 2391 times)

hero member
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Yes, we can learn trading for free but the cost of that free learning can be sometimes a trouble for us. Let's say if someone who learns trading free from someone who claims to be a good trader but in actual he/she is hiding the behind scenes and showing only profits or giving hope to new trader that people can earn a lot of money by trading.

That's why if our aim is to learn trading then we must have to find who's reliable trader and who's a show off trader. A show off trader won't help anyone to learn trading but only praises himself/herself and such traders often keep their viewers in dark.

A trader should focus more on learning trading concepts from good books and when he/she masters the concepts then he/she may try to watch the videos created by reliable traders. That way the newbie doesn't need to pay anyone to learn trading because these days trading e-books are available for free without any cost.
hero member
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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.
hero member
Activity: 1190
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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.
sr. member
Activity: 1456
Merit: 326
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This is a good step to start trading at first i also searching for a video tutorial on YouTube to have an idea on how trading works,it is really hard if we are a new trader because we are always afraid to lose because we have no idea at all,but i have so many friends who teach me they are expert most of them earn profit on trading,the very best part is when you have a friends who will teach you when they have a free time because on hands teaching is better than theory or reading some statement or strategy on how to trade.

At first you should learn by accepting every source whether it's your friends or videos because taking a start is something hard but once you learn well then you will not learn but you will teach others as a result of which your knowledge will become stronger.

Watch different videos and also take help from your friends if there are any so if you have mistakenly watched the wrong videos then you can make it right through proper knowledge from your friends. Learning from different sources will make everything clear for you and also you will identify easily about the right tutor so you will get accurate knowledge.
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Eloncoin.org - Mars, here we come!
Rather than learning to trade online, you should find a person who will teach you to trade with him. You study all the trade related information from him and work with him till you master the trade. In that case you need to spend more time with him. After some time you try to trade with demos by yourself in your spare time. After gaining skill start trading with little capital.

Remember trading before mastery is foolishness. You may lose your money unnecessarily.
The method you mentioned above is quite good in this case. Actually, we don't need to spend a lot of money to learn something in trading, there is a lot of information or techniques shown on social media such as YouTube and we can also search on search engines for how to see the movements of an indicator that we use. Indeed, learning and being guided by our own friends, we can freely ask them about the indicators that they often use compared to learning by ourselves from YouTube media. If we learn autodidactically we cannot ask what we do not understand about technical analysis. It would be good if you want to trade, you should be equipped with knowledge, indeed in this case it can produce money quickly but is full of very big risks.

     If you really know someone who really understands trading and is close to you, or you can communicate most of the time, it is good to take the chance to ask him or your friend who is a trader. Because there are actually many ways for us to learn trading, but the one who explains the actual thing about trading to us is different.

     But I believe that trading is not really easy to learn. It's really necessary to pour time and time, and it takes patience here; it can't just be a little idea or knowledge that's okay;
of course that's not the case.
hero member
Activity: 2730
Merit: 632
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
This is a good step to start trading at first i also searching for a video tutorial on YouTube to have an idea on how trading works,it is really hard if we are a new trader because we are always afraid to lose because we have no idea at all,but i have so many friends who teach me they are expert most of them earn profit on trading,the very best part is when you have a friends who will teach you when they have a free time because on hands teaching is better than theory or reading some statement or strategy on how to trade.

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 most 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 able to do this 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.
They are really just that indeed lazy and this is why they would really be that opting on paying up something on which its really that actually free. This is why we do see tons of wannabe gurus or professionals out there who do pretend that theyre good and been that long time experienced traders here on this space but actually they are really just that getting those information in the net freely but ending up on being monetized just because of these type of people. Well, its their money that be spent on which its not ours and they do have that full rights but if you are someone whose really that in not a good condition in terms of finances or simply on a tight budget then it doesnt really make sense that you would really be spending up money on something like this which is really that free.

It would really be just that just a waste if you would really be spending up money on something which is really that free. People are really just that too lazy and this is why
they do really end up with this kind of option. This is why it would really be better that you should really know on how to deal up with things and choose up
on which one would save you up money.
sr. member
Activity: 686
Merit: 301
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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.

No trader had ever given their success story and ends up being successful just after few months of trying, it has to take years before you’ll become a profitable trader. And trading for long is not what only makes some traders that plenty money they claim to have, some take advantage of newbies eager to learn, teach them the basics and allow them to fight through the remaining process themselves which is the hardest part of trading and how to be consistent in it to be profitable.

Quote
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

Learning through YouTube can be a great guide as they are a lot of free online tools to use there as well as PDFs. Watching trading podcasts is also a good way to learn more about trading. I find looking for a mentor a hard one sometimes, because you won’t get one that will give you his time to mentor you more when you most need it without them asking for some stipends for their time, but if you’re lucky to get one for free, hold on to them. Then practice again and again because that’s what will make you perfect.
sr. member
Activity: 420
Merit: 253
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


All these steps are very important for anyone who wants to learn about trading, I just found out that the reasons why people fall to wrong people or wrong idea about trading is depending too much on people that sees theirselves as experts and sometimes when they are teaching you how to trade they use some complex terms that are difficult to understand and when you try to know about those terms they will tell you to be calm that you will soon get to that stage and they will end up confusing because they don't want you to know what they know which is a very bad mentality.

Another thing is laziness that is what causes some people to fall into wrong hands while trying to learn about trading because we are in a computer age now where you can get almost every help you needed online so the steps you mentioned above will help a beginner become a professional by themselves, however it is also ideal to sort physical help from people who are into trading to know if their own ideas can align with what you lerant online then you can make comparison to know the right way to follow though trading is risky but it is important to know the dynamics of trading before you start to trade.
sr. member
Activity: 616
Merit: 274
Rather than learning to trade online, you should find a person who will teach you to trade with him. You study all the trade related information from him and work with him till you master the trade. In that case you need to spend more time with him. After some time you try to trade with demos by yourself in your spare time. After gaining skill start trading with little capital.

Remember trading before mastery is foolishness. You may lose your money unnecessarily.
The method you mentioned above is quite good in this case. Actually, we don't need to spend a lot of money to learn something in trading, there is a lot of information or techniques shown on social media such as YouTube and we can also search on search engines for how to see the movements of an indicator that we use. Indeed, learning and being guided by our own friends, we can freely ask them about the indicators that they often use compared to learning by ourselves from YouTube media. If we learn autodidactically we cannot ask what we do not understand about technical analysis. It would be good if you want to trade, you should be equipped with knowledge, indeed in this case it can produce money quickly but is full of very big risks.
legendary
Activity: 2758
Merit: 1228
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
This is a good step to start trading at first i also searching for a video tutorial on YouTube to have an idea on how trading works,it is really hard if we are a new trader because we are always afraid to lose because we have no idea at all,but i have so many friends who teach me they are expert most of them earn profit on trading,the very best part is when you have a friends who will teach you when they have a free time because on hands teaching is better than theory or reading some statement or strategy on how to trade.

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 most 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 able to do this 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.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
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
This is a good step to start trading at first i also searching for a video tutorial on YouTube to have an idea on how trading works,it is really hard if we are a new trader because we are always afraid to lose because we have no idea at all,but i have so many friends who teach me they are expert most of them earn profit on trading,the very best part is when you have a friends who will teach you when they have a free time because on hands teaching is better than theory or reading some statement or strategy on how to trade.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
Yes, having guidance in matters like this is really needed by everyone when trading in the cryptocurrency market. We can share information with each other about indicators that are often used in trading. We can grasp this information much more quickly compared to learning by ourselves or self-taught which takes quite a long time compared to having a mentor.

It depends on the mind of someone and their ability to grasp ideas. If a person has a sharp mind and is a quick learner who doesn't take a lot of time to grasp ideas and stuff then they can learn everything by themselves without needing a lot of time, but if someone doesn't have such abilities and they find it hard to understand simple concepts, then they are surely going to need someone who can guide them and be their mentor for each step they take.

To be honest, trading is difficult for someone who isn't very fast, doesn't have a quick reaction time and has the ability to make decisions quickly because in trading, at a lot of occasions, a trader will need to make decisions very quickly or they will miss a trade that could be very beneficial for them.
It's true, everyone's ability to grasp ideas or understand something is different, there are people who are quick to grasp ideas or understand, there are people who tend to be slow to understand. In fact, some of them have to explain it several times before they can understand. Things like this are things that we often encounter, even when receiving education, it will be the same.

If someone can understand quickly, then they don't really need a mentor to guide them, but if someone is slow to understand something maybe having a mentor would be better.

In this case, I think it depends on our needs, and we also have to be able to understand ourselves, whether we need it or not.
hero member
Activity: 812
Merit: 619
Yes, having guidance in matters like this is really needed by everyone when trading in the cryptocurrency market. We can share information with each other about indicators that are often used in trading. We can grasp this information much more quickly compared to learning by ourselves or self-taught which takes quite a long time compared to having a mentor.

It depends on the mind of someone and their ability to grasp ideas. If a person has a sharp mind and is a quick learner who doesn't take a lot of time to grasp ideas and stuff then they can learn everything by themselves without needing a lot of time, but if someone doesn't have such abilities and they find it hard to understand simple concepts, then they are surely going to need someone who can guide them and be their mentor for each step they take.

To be honest, trading is difficult for someone who isn't very fast, doesn't have a quick reaction time and has the ability to make decisions quickly because in trading, at a lot of occasions, a trader will need to make decisions very quickly or they will miss a trade that could be very beneficial for them.
full member
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When it comes to basic thing then it's okay to collect knowledge from open sources like YouTube or other websites where they provides free trading trips and tutorial for beginners. But after the certain time, when you need to know more you need to work very hard or you can spend money to make all those things easy. I think a mentor or guideline is very need while a beginner start doing trading. Although you can go without those but you will be helpless When you found complex situation. Or a newbie can join any community or Forum like this where he could discuss and learn about reading freely.

Basics are easy and you can get everything online YouTube is one of the best mediums to learn and their also websites that anyone can learn from even from this website you can learn. It is not important that you must pay money to learn just that the same time their are people that find it difficult to learn on their own so people like that can pay for class and learn physical and also with practicals, everything depends on our we individually learn, everyone knows that trading is not easy. If you have a mentor is not bad is just for everyone to choose the way they will learn better.  And another thing is that most of this exchanges offer academic lessons for beginners on how to use an exchange and the important things to know and sometime it won’t be enough and if you are learning on you own they you need to put serious effort when learning and also doing a lot of practicals to improve so expect anything in that condition.
hero member
Activity: 3080
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Yes, having guidance in matters like this is really needed by everyone when trading in the cryptocurrency market. We can share information with each other about indicators that are often used in trading. We can grasp this information much more quickly compared to learning by ourselves or self-taught which takes quite a long time compared to having a mentor.
There is so much information from experienced traders in discussions like this. But many newbies don't want to take this because it's gonna be taking a lot of time for them. While they want to take some shortcut path, it might help somehow but it's going to be fully as what it is intended to be. Learning through experience is still the best but you have to lose some of your money through it.
legendary
Activity: 3122
Merit: 1140
It will indeed be more effective if we have a mentor, because we can immediately exchange ideas on the problems we face when trading. With the presence of a mentor, we will be able to shape our own trading character, and of course later we will find the identity of our trading style. This will be very different from studying on YouTube, which in fact does not provide problem solving to the problems we face.
Actually, this comes back to each individual in learning and studying trading, because not everyone is easy to learn on their own, they have to have a mentor and there are also those who are easy to learn on their own because they have the ability to learn by being. self-taught. In essence, learning by yourself and having to pay for it all depends on you in making decisions because the only person who can judge yourself is ourselves. However, with so many media that we can use to learn trading, it is better for us to learn on our own because by learning on our own we can easily understand it without having to be guided.

Maybe what we should always do before learning to trade is to use a trading simulator. Treat demo money like real money. Or you can also move to a live account when you have learned a successful strategy. after thorough testing, learn how to control your emotions, learn risk management, and consistently profit with the strategy of moving forward when you are truly ready. Then finally make a trading goal. Be aware of mistakes, strengthen pattern analysis so that we can find the right strategy.
There are ones who do really that liking for them to see someone who would really be guiding them but its true that it wont really be that something that will be ideal that you would be spending up tons of money
just to pay up for some mentor or subscription at the moment that they are really just starting up. Actually you could really be able to make yourself that self learn on which you wouldnt really be tending to pay up
something on which you could really be able to eventually be able to learn it without extra cost. Well, it would really be that a common approach that there's someone who would really be asking for some payment on the moment that they would be teaching someone about trading or whatever things it would be as a form of payment for their work or effort which it isnt really that bad.

Just like been said that everything could really be learnt up naturally if you do really tend to do some hardwork and time allocation.It is really just that there are really people
who cant really be able to hover themselves on dealing up with something if they arent that being guided.
hero member
Activity: 1736
Merit: 501
It will indeed be more effective if we have a mentor, because we can immediately exchange ideas on the problems we face when trading. With the presence of a mentor, we will be able to shape our own trading character, and of course later we will find the identity of our trading style. This will be very different from studying on YouTube, which in fact does not provide problem solving to the problems we face.
Actually, this comes back to each individual in learning and studying trading, because not everyone is easy to learn on their own, they have to have a mentor and there are also those who are easy to learn on their own because they have the ability to learn by being. self-taught. In essence, learning by yourself and having to pay for it all depends on you in making decisions because the only person who can judge yourself is ourselves. However, with so many media that we can use to learn trading, it is better for us to learn on our own because by learning on our own we can easily understand it without having to be guided.

Maybe what we should always do before learning to trade is to use a trading simulator. Treat demo money like real money. Or you can also move to a live account when you have learned a successful strategy. after thorough testing, learn how to control your emotions, learn risk management, and consistently profit with the strategy of moving forward when you are truly ready. Then finally make a trading goal. Be aware of mistakes, strengthen pattern analysis so that we can find the right strategy.
sr. member
Activity: 2842
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It will indeed be more effective if we have a mentor, because we can immediately exchange ideas on the problems we face when trading. With the presence of a mentor, we will be able to shape our own trading character, and of course later we will find the identity of our trading style. This will be very different from studying on YouTube, which in fact does not provide problem solving to the problems we face.
It will be but how can you find a really good mentor? Most of them are not going to spend time with you for nothing.
That's why they are paid but I find the paid ones are not better with those that are real there to help and with real experience.
Honestly it's very rare to find a mentor who would teach an aspiring trader from the scratch because of their tight schedule and few ones would charge exorbitant price probably to scare new traders who they knew won't afford such fee, I  knew few experience forex traders who wouldn't spare any time to mentor a new trader thus I took it up upon myself to learn trading via twitter and discord not minding how long I am going to be profitable, of course I am getting it right though with regards to forex trading though it has not been easy to master every aspect of it, however with time I would be consistent in it.
sr. member
Activity: 616
Merit: 274
It will indeed be more effective if we have a mentor, because we can immediately exchange ideas on the problems we face when trading. With the presence of a mentor, we will be able to shape our own trading character, and of course later we will find the identity of our trading style. This will be very different from studying on YouTube, which in fact does not provide problem solving to the problems we face.
Yes, having guidance in matters like this is really needed by everyone when trading in the cryptocurrency market. We can share information with each other about indicators that are often used in trading. We can grasp this information much more quickly compared to learning by ourselves or self-taught which takes quite a long time compared to having a mentor.



hero member
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~snip~

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

Everything mentioned above seems very simple to those of us who want to learn trading. However, not everyone has the time to start learning slowly. That's why many people want to pay someone to teach or guide them in trading so they can fast their progress in learning. Paying money to learn trading is like investing in ourselves because it's similar to paying to learn piano or paying for a degree
Even if you pay you would still need to make time in order to listen and understand the lesson, the only difference is that when you pay you would have all the things ready for you unlike when you are DYOR, you need to search it all up.
It would all depend on each person, as you mention not everyone have time to learn there are also who doesn't have much to pay for it, that is why they are doing it on their own searching for free guide or book to learn trading.
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