Topic: Stop paying money to learn trading when you can learn it yourself - page 4. (Read 2393 times)

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

In fact, there is now a huge amount of materials available to study any topic, including trading. The only difficulty is that this is a very large topic to study and, in addition to theoretical knowledge, it also requires constant practice and the search for a working strategy for each trader. To begin with, you should start with free courses, of which there are a lot and they will be enough to understand the basic basics of trading and decide in which direction you want to move. You need to understand that among the so-called experts there are also a lot of charlatans to whom you can simply give money and not receive anything in return...

That's right, of course there are still some people who don't understand trading well, they are willing to spend their money to learn about trading and there are also some people who choose to learn online without spending any money, but I think the results they will get will be different. To be able to understand trading well, of course we have to study where we can understand easily and it would be better if there was someone who could accompany us in the learning process. Of course, those who accompany us have the skills and also a good understanding of trading so that we can follow it traces of what they do in trading.

When we decide to enter trading, of course there are many things that have to be prepared and there are also many processes that we have to go through and we have to be patient because of course there will be failures that we will face and we have to be able to learn from the mistakes we made and continue trading carefully. Be careful to be able to get good results in the trading that we do, because there are some people who cannot be patient with their learning so they leave trading at a loss.

For people who have no idea or knowledge, there are probably still people who will bite to pay for seminars about trading online, specifically in the crypto space. But as a matter of fact, there are many ways that can be found online because you just type in Google, and Google will immediately give you many options about things like trading.

And it's true that trading really requires a lot of effort, not just simple effort. Take note of that. Because you are really like students here, you need to understand what to do and what not to do if you want to be a successful trader in the future. In other countries, they have actually done this course. So if there is an opportunity for you to learn it for free, let's take advantage of it.

Yep mate, that's true!
Trading signals groups can give you profit for a short time but not in the long term. But if it is seen, when these people give you signals for buying/selling, if 10 signals are given, they lose 7 out of them and 3 are difficult to recover from your losses. These people are not so much experts but they just follow the trend in a bull run, if the trend goes right then profit and if it goes the opposite, then lose. It is better to rely on others instead of trading yourself.

All of these signal groups are just doing spam. The majority of groups just copy other singles and put it on their TG channel or group to abuse other people for stealing their money. 99% of signal groups are just fake. After two or three months, this crypto signal group can lose, that is, if the bear market starts, then at first this group gives a lose signal, but later it runs away, that is, pulls the rug and steals money from people.

 

Personally I think practice is as important as money when learning to trade. If you practice early on you will most likely lose money, fund it in such a way that you won't regret it later. Even though you are doing extensive research every day there is no end to learning because you are not going to trade the same coin every day, you have to constantly research several new or old coins. I think trading is a perfect industry, if you are perfect you can achieve a lot from it.

From YouTube you can get knowledge but all influencers are not true and some of them spread wrong information therefore Mentor can help you to learn everything about trading and also to decide about selling and buying specific coins at accurate timing.

You can get knowledge from YouTube channels but try to find out an accurate influencer but your experience achievement will only be possible if you get help from a mentor but don't completely depend on mentors for your trading as if you always ask from the mentor then you will be unable to recognize the market and to trade by your own.

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.

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.

Hmm, that's dope!
But anyway, I think trading is one of the hardest skills in the Crypto market and it requires a lot of effort and smartness. If something is difficult to learn, then according to me there is no problem if it is adopted in the premium version. That is, there is no problem if paid mode is also used for trading like paid courses, paid AI bots, etc. All these stances can only educate you, nothing more than that, you have to take every act into its own justification. 
 
And as far as the basic knowledge is concerned, you can get them for free, but if you want to work as an experienced trader, I think there is no one who have waste his precious time for you to get good enough to teach you without any cost. It is not possible, If you want to become a professional trader, you must take the premium package, You will have to learn under the supervision of expert traders to become professional.

Let's just say am self taught not because I didn't have a mentor or thought YouTube was the best place to look, absolutely not... something I have got to understand about the internet is people like sharing and if you know where to look you will find a free premium course that will help..and for your information certain free information can only push you a certain distance but you still need some extra help to understand the trading game!!!

The only popular course I have have is ICT and failed to finish it
Otherwise not a bad place to look.

If I was going to learn how to trade all over again this would be my unpopular option.

You know the saying that says time is money...comeon getting someone to make time for you will cost you, you will either foot the bill for transportation for them to get to you or straight up pay for the service...

Guess this is when you have got the concept of trading and can go on your own

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.

Yes, what is most important in learning trading is practice. It doesn't matter how good the material is, practice is the most important thing, because at that time, knowledge development will occur, such as learning to look at charts, analysis, and so on.
Maybe for people who just want to enter the world of trading, learning the basics of trading is important. However, after that, you need to learn trading yourself. In fact, almost every aspect of trading can change depending on the type of coin or asset you are trading.

        -      It really shouldn't be a waste of time to pay just to learn trading here in crypto. after all, there are now many ways for us to learn for free without paying anything, apart from youtube, there is also google search, and this is a forum platform.

it is said that if you want to, you will always find a way to learn, because most of those who attend trading seminars have not learned anything and worst they just wasted money and only made money.

Everything now it made easier for everyone, why paying money to learn trading while you can learn it yourself. It's not that easy but whatever you determine to learn you most learn it, I actually come across some guys in my street paying money to learn about trading. Then I met them they started explaining everything to me, with the little that i know i shared it with them without no cost. And later they said the other who was teaching them didn't tought them this that mine was the one they're going with now. So I don't see why someone will pay money to learn how to trade, it's unfair and not right thing to do if you're in this particular point please do stop. One thing is that learning about trading it's determination someone can just tell you where you can visit online and learn about it.

I know it's not everyone can do it by their selves, but what so ever you've put in your mind that you want to do and with focus and determination you'll surely achieve what you want. But first your mind have to be ready to learn.

I believe everyone in this forum was referred by someone, not everyone knows this place exist but someone referred you to come and learn more about trading and investing, some people don't even have the idea or knows anything concerning Bitcoin but with time on here they started generating it step by step. Now they can definitely tell you what trading it's all about. So we should also be our brother's keepers not killers, and if you do know someone who's still paying to learn trading please do put an end it. I know learning online it's a lot of time to understand what you're learning and some people believe that it's more better they pay so that they can grab it fast, but have it come to your senses that, that same person teaching you he or she is also learning from online which is not paying a dem to learn. But you feel because of the risk in it you don't want to go online learn not by the end of the day you, when you started trading that you aren't going to see your profit. Because you lent it online, that same person that you're paying he/she have also gone through those process and risk that you're being afraid of. So with my understanding I'll advise you that, people paying to learn trading please it's not necessary anymore try and determine that you can do it by yourself. It won't start that fast but with adequate knowledge actually you'll surely know more about trading.

Losses are expected as we start trading and this is a part of learning. Having been aware of the situation, it was not difficult for us to accept in the time it came. If we want to trade, we also make sure that we are willing to work hard, get enough knowledge, and most of all, develop strategies that we think it will work effectively. Learning trading is easy, there are a lot of resources available but yes, what we have seen and read can be different in actual happening which is why we also need to learn to adapt to the changes.
More experience, more learning.

I believe most crypto traders here didn't enroll for a trading class. A lot learned their crypto trading activity on their own. Do remember, when btc was launched more than a decade ago, there were no online classes tacking this currency. So most early traders learned it on their own. This is why, for me, you can learn crypto trading on your own. Also, even those mentors can still suffer losses in trading. Because cryptocurrencies have no defined market performance. There are so many factors in play, hence, no one can precisely predict this market.

Of course, if you know someone who is a good mentor, and you have the resources, why not? But I am saying is, you can learn this market on your own, given the resources available over the net.

Exactly that is why many people prefer to pay to learn, and they will be more focused to learn very well, learning online takes a long time and not everything you will see online, you need to get mentor that will tell you everything that you need to know about trading, since you pay him money, he will make sure you understand everything about it, so that even if you start trading, it will be easy for you without much stress than learning online most, they have things you need to know that you won't see it in YouTube you Need to pay money for it before they can tell you the secret.

Trading requires more effort to study and gain expertise. I prefer to pay to learn so that I can be more serious about it. People who learn online cannot be compared to those who learn from a mentor face to face. You can learn by yourself or from someone you choose that will benefit you, some people learn online and are perfect, while others need a mentor to guide them more because some people are slow learners and need to pay someone to teach them gradually and perfectly to it.

Is not as if you can not study on your own but it will take longer to learn on your own than learning from a mentor, and attending class will make everything much more easier to work with, and this will only be fore legit trading schools because there are a lot of scam schools all around so you can choose base on review, and make sure the reviews are not fake.



Waste of money i don't think so people are different the same way we have different way of people learning so if you learn through mentorship then you should give it a try, so any way that you can absorb information easily it will be better that way, and since your performance will be monitored by your mentor there wont be need to do self learning everyone will do what is best for them, to me everything depens on how well you know your self.

The wrong thought of many new traders, they all want to trade big time as if they are not beginners and they won't settle for a small amount of profit as they start. It's normal to trade with smaller amounts and wins at the start but you don't expect them to come because the typical thing about trading is that you're going to lose no matter what happens and every beginner is bound to get those losses because that's how it is going to be when you trade.