Topic: Stop paying money to learn trading when you can learn it yourself - page 6. (Read 2412 times)

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

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

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

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

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

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

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

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

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

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

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

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

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

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


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

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

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

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

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

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

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

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

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

Practically anyone can learn anything from Internet in this digital era. We must understand the fact that everyone learns in a different manner, it doesn't mean because you can learn by yourself others can do same.
As I have said earlier if you can learn and assimilated by yourself carry on if you can't look for paid Mentorship or course with proven results and learn, the truth stands Mentorship helps you in the trading journey and shades you from much noise. Trading isn't easy as a beginner,possibly hard to determine where to start or how to go about it because of various and diverse approaches in the market which is also available on the Internet .

It sounds dumb to me, that we assume because someone pays for course or Mentorship it implies the person is  lazy,  he/she is learning from experience of someone. We can't lie to ourselves that those who undergo Mentorship are not sound. What is short-cut?
I pay to learn is it short-cut, for knowledge I don't have, so because it's free online and i decide to pay it means those who learn through free content are following the right track and not short-cut.

It's a matter of decision which is subjective to any individual. You choose between the available option. Those who also offer free contents have paid courses, the truth is free content are tips and doesn't reveal to detail majority of it believe me or not.

Well, learning how to trade is not quite expensive nor do we need to spend a lot of money since we can learn it online. Indeed, it is right but the point here is that if there is another way to learn it by paying a reputable person who can guide us until we gain enough knowledge and skills, that is still a good idea as long as we can afford to pay them. It was not a problem whether we had to spend some money on this because the most important is that we get what we want to happen or reach our main goal at the end of the session.

Honestly, not all the things we found on the internet or YT are good enough. As for me, it would still be better if someone would accompany me personally rather than just relying on videos and theories.

Yes, this is actually true on which you could really be able to learn up trading on free method or way because everything could really be seen and could really be searched up on the internet.
It is really just that indeed depending on a particular person on how he would really be making out those research and would really be having that kind of effort or hardwork on learning something.
It doesnt really cost you an arm and leg for you to be able to obtain those informations that you would really be needing for you to learn up trading.

Just like you have said that it is really that truly such a waste of money for you to pay up something which you can actually get it for free.
Its true that people are really just that loving on having that kind of shortcut in life and doesnt really like to pass any hardship and this is why they would really be trying out to handle everything
for money as much as possible.

Hurrying up yourself would really be just that leading into disaster or tons of mistakes because it would really be just that making yourself that been impatient will really be that leading into missing out tons of things
that you should really be gonna need to learn and not really that something that you will really be that trying out to fast track. Trading or any other things that talks about making money shouldnt really be taken up that lightly or having that confidence because it will really be taking up some time for you to be able to learn up those things in the right manner. Its true that it is really that somewhat pointless or such a waste that you would really be paying up something to learn which you could eventually be able learn up for free. It is really just that people are way that too lazy on learning up things and this is why they would really be willing to pay up for some shortcuts.

That is it, bro, you should just put 2+2 together to get the whole impact in you for free, that's wisdom. It wasn't as easy as today when I started trading about 2 decades ago, but I was determined that I would never pay a dime to anyone for trading, and here am I today. I am very equipped with trading knowledge, it is all about your determination, self-belief and the regular training you had. I started by gathering e-books and printed ones, I read them for a whole year before I started the demo trading. This was the main part since it's practical, even though I had the worst days in trading, but I never let go.

What helped me further was some forum activities of some brokers where free bonuses would be given to train and trade by participating in the forum. I did that for many years and I must say that it was positive in both the aspect of earning money through the bonus and also in the aspect of impacting more experience in trading. In between, I met a lot of renowned world traders, I mean those who trade for brokers, banks etc. I was blessed with some knowledge through them even as I attended enough seminars and webinars, but all for free. Now, I can boldly say that I learned how to trade without a simple penny giving out, and really, I am a very good type.

When someone is promising of anything then they are trying to lure people just to make money. I do agree that you don't have to pay anything to learn but it's limited and even in YouTube most users ask to take the subscription courses to view the playlist. What we can do is to learn the basics from the online via YouTube, forums, blogs and try everything on the demo account.

One shouldn't be in a hurry to learn. Trading is not something that can be learned quickly, and one needs to give it enough time to learn everything properly and be able to grasp all the ideas and everything because knowledge is the first step when someone gets into trading. Without knowledge, a person can barely get success in this industry because trading is not like gambling where you can rely on your luck to make you win trades randomly.

Indeed, one doesn't necessarily have to buy and use paid courses because almost everything these days is available on the internet and one can access all the knowledge and information for free without having to pay anyone a penny, it's all about how much dedication one can show.

That's true because without a mentor we will learn autodidact so it won't provide a much better understanding of trading. A trader needs several mentors to improve trading skills, although sometimes we can train trading ourselves with direct involvement in trading.
Without consistency, trading will be very boring, especially if we often experience losses. Trading requires mental readiness because we will be faced with problems that will occur.
Without the right knowledge and without having an experienced mentor, it will be much more difficult for us to reach a good level of ability in trading.