Topic: Stop paying money to learn trading when you can learn it yourself - page 5. (Read 2393 times)

People do learn things when its too late or on the time that they would really be able to suffer loses came from their own mistakes on which we know that this is something that very normal.
Usually we would really be able to make ourselves that be able to handle the situation which it would really be basing up with our self realizations on which this is something that will really be depending on a certain individual or trader. It is really that true that when it comes to learning then everything could really be seeing online on which it would really be just that a matter of effort and hard work for you to
look for those informations on which you could really be able to make use of.

There are really those people who are really that just want on making money directly without even trying out to look on what are the things
that they could potentially be able to encounter.

It is quite true that if one wants to jump into trading without adequate knowledge then he has to pay huge losses. Actually every business has low profit margin in the beginning but they can balance themselves well between losses and profits. Most of what they teach online about trading is theory but it is best if you can get training from a smart trader. But i have seen many people learn trading only by watching youTube videos and many people take training from different groups by paying money.

Yes it is true, that the basic lessons about trading are very much on youtube, if even the influencers attract visitors and get adsence it is more than enough, but because branding is difficult to make some people take advantage of popularity to make an exclusive impression. Don't ever believe that warranty and accuracy in his hands, it's nonsense, the fact is that even professional people must experience loss even though flash dumps.

It's true that knowledge, media and research including field practice when trading is important, like fuel and how to pace.

It is not difficult to find free influencers to increase literacy and education, because everyone is different in climbing the knowledge they have including the delivery. Stay away from influencers who are too motivating beyond the ability capital and compare themselves with the capital spent, because trading is better to understand technical and capital follows than the other way around. I think this is why the fud on crypto is scattered on social media because it does not match the hystory of novice traders. crypto is good and perfect, the obstacle is that there are certain people carrying their own slogans that make beginners desperate and carried away by fomo without a mature basis for buying.

I personally don't believe that there's meaningful gaps between the experienced and the newbie, I mean yes the experienced are more mentally resilient and knows the how the market works but newbie too can figure out such thing in short amount of time if they are attentive enough, the important thing to learn in my opinion is something like the basics, the principle of economy, trading, the platform itself since we gonna do activities mostly in these exchange platform so knowing the features is good thing.

by then if someone just want to try out they can already know some basic knowledge and could built their experience from then, helps from expert trader at that point is no more necessary.
even though its always good to have mentor to point out a mistake or two, but eventually we gonna figure out everything by ourselves not too much dependant on someone.

Actually it doesn't matter when we spend money to learn to trade, but with a few notes. First, we have to be serious about studying, don't let us just spend money but we don't get any knowledge because we are serious about the learning process. Second, we have to make sure that the person we make a teacher or mentor is someone who is very responsible and has proven capacity as someone who understands and has trading knowledge. Because now there are many out there who only have a little knowledge but they dare to open up learning practices, even though what they convey are basic things that we can get without having to pay. Those are just 2 basic points and actually there are many other points that we have to pay attention to.

You can definitely learn trading for free, if you really want, there is Meany way. There are many free trading classes, courses, and videos available in various places that are very essential in trading. It would be better if you find a professional trader offline, to whom you can learn about trading directly. But it will also take you a lot of time, because trading is such a thing where all the money is lost due to a little mistake, it will take about 2-3 years to learn trading completely. If you use money in trading without learning trading completely, you will only lose them. So be it for money or free, after learning trading thoroughly you should start trading with money.

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.

OP you're right. All point given are 4 possible ways a person can learn trading and engage with other without spending much. Point 2 reminds me of when I told someone about conferences initiated by exchanges this days which is kinda easier to access like this one https://www.bitget.com/support/articles/12560603807616 and I know Binance have done something similar to this but I haven't seen any news of them doing it this year. It's very impactful

Actually all traders can undergo their own learning but for basic steps I think it never hurts to find a mentor to direct them to the right and directed trading approach, because so far in some cases there are usually still quite a lot of traders who have an understanding that is skewed or out of the recommended path such as trading in the wrong way that will only harm themselves. and I understand that all these directions can be obtained through the internet but sometimes the lessons obtained are not directed or that means they get random learning and it is quite difficult to actually find information on an internet that gives them the first steps that will harm themselves, and I understand that all these directions can be obtained through the internet but sometimes the lessons are not directed or they get random learning and it is quite difficult to really find information on an internet that gives them the first steps that a beginner trader must first learn and go through.

Usually in some cases a beginner immediately jumps into trading without being based on a qualified understanding and knowledge of how to properly trade which in the end they are confused and experience losses that dominate over profits, so I think for the initial stage of introduction it doesn't matter if for example you want to learn from mentors by spending at least a little money to get the right direction on how to be a good trader and be on a harmless path and after that you can learn on your own when you already have a basic understanding.

There are still people who do go solo in terms of making themselves that become that good or better as time passes by. If we do tend to look around and realize that everything we do really need could really be seen and could really be making use of it if you are really just that wise and serious on learning up things around. The fast pacing would really be basing up on how serious you would be on learning the things that we do have in the market, just like been said that informations could really be that seen around.It would really just that depending on how you would really be able to utilize those for your advantage.

You could really be able to have that self learn path if you are really just that sensible on the things that you could found around. Real experiences would be the best teacher and on the time that you had found
yourself that having some progress or having that kind of improvement then you should really be that continuing it no matter what until you would found yourself to be that better as the years passing by.

Well, to be honest, I agree with the title given by Op. If it's really possible to study on your own, There is even a faster learning process in trading here in cryptocurrency when an individual learner learns trading along and uses his or her own way to learn it.

Because I noticed that those who pay for training about trading just waste what they paid for because they don't actually absorb what they heard, and besides, there is no quick time for people who are interested in learning to understand it immediately. It really takes time, that's the truth.

Basically what they are doing is making money by saying how to make money and this has been the trend since the evolution of social media and one who is sensible to understand will stay away from it and starts working on their success via the real sources.

Making money or learning stuffs about how to make money can't really be taught, it has to be realised and experienced.

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.