Stop paying money to learn trading when you can learn it yourself - page 6.

Jegileman

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Quote from: Stablexcoin on March 17, 2024, 07:47:02 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.

We are already meant to believe that nothing is for free in this world and for you to get something you have to give something in exchange in order to be good at it. Trading can be learnt without having to pay someone but can be done online just like you’ve explained in your post. Most times, the right information needed to become profitable and a consistent profitable trader is always hidden and you’ve to pay to get it unlocked and be a master at it. You can learn yourself but if you find the right person to teach and not just a trickster, you’ll become better in trading overtime faster than one who learns on their own.

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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 one is bound to be a master at something just after few times of practice. It has to be a continuous process and a journey that you need to be consistent at before you can get close to perfection because there’s no such work as been perfect always. There will be flaws, you’ll fail and learn again, just make sure you don’t give up as you’re striving to become better daily.

stomachgrowls

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Quote from: Denamen on March 22, 2024, 10:29:38 AM

Why waste your money on trading lessons when Google is just a click away? Take the DIY route and invest in your own learning curve. Your wallet will thank you later! (Or perhaps you're not lucky and lose all your money, so best wishes to you)

Because people;

1. Just that too lazy
2. Want to learn the fastest way
3. Willing to spend some cash for easy route

Its true that Google is really just that a click away on which it is really that mind boggling that they do still consider out on paying up tons if they could
really actually be able to make it free.Its just a matter of some work which you would really be needing to do so because if you would really be that
not making such effort then you would really be considering it up on paying on which it is really just that a waste.

Somewhat its not bad to look at on others analysis on which you could really be able to apply it into your own.

jaberwock

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Quote from: |MINER| on March 21, 2024, 12:15:01 PM

Now nobody wants to teach anybody anything for free. Everything has to be done for money now. However, even if money is to be exchanged, it should be verified. Because in many cases, people have to be cheated by money while learning e-trading. If you are willing to learn for money, definitely learn from a trusted trainer. Moreover, I will say that it is better to learn by yourself. You should learn by analyzing yourself. You will not get the satisfaction that you will get by learning through your own efforts. You should first learn the rules of trading and then analyze them. Follow those who are good at trading.

I do not think that's true, there is a new job called "influencer" for the past 10 years or so, I mean it existed in some capacity before that, but it has been growing huge for the past 10 years without a doubt. That means, people are willing to share without getting paid for it and that's not a bad move and I think it will definitely work for everyone.

I think it should be important to realize that you are going to probably make money from it either way. If you charge people money, then you make money per "student" that you have, but if you are an influencer and do not charge people and help them for free, then you can charge for ads on your channel or whatever and that way you can make money as well, it is a good move.

Denamen

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Why waste your money on trading lessons when Google is just a click away? Take the DIY route and invest in your own learning curve. Your wallet will thank you later! (Or perhaps you're not lucky and lose all your money, so best wishes to you)

xandriel

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I don't disagree with teaching basic skills and providing basic information. People can learn it to understand the market, and they can ask and receive quick responses, not just by watching on YouTube or something. But I don't understand people who join 'how to be rich' classes. I mean, if they know how to be rich, they would teach their friends and family first, not us, and keep it for themselves. Why would they need to teach you how to get rich? The only reason is they want to get rich by selling courses to you.

tvplus006

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Quote from: Bushdark on March 21, 2024, 05:57:45 PM

... I don't think there is any way we could learn how to trade without paying a dime. We need to be ready to pay money for the knowledge that we want us else we might be getting something nit actually right...

Well, there are definitely two options here) You are either engaged in self-education and in the process of learning you lose your money in exchange for the acquired experience. Or you pay money for training in exchange for the acquired knowledge. But at the same time, you need to understand that neither the first nor the second option guarantees that you will be able to become a successful trader.

Bushdark

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Lookimg for a mentor whether online or offline means we are still going to pay for the mentorship. This is the same thing laying for trading because we need to service and for us to get it, money all need to be involved. I don't think there is any way we could learn how to trade without paying a dime. We need to be ready to pay money for the knowledge that we want us else we might be getting something nit actually right and that doee not worth our time because the information may be too misleading and difficult to understand.

Distinctin

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Quote from: sheenshane on March 17, 2024, 08:00:04 PM

Quote from: Stablexcoin on March 17, 2024, 07:47:02 PM

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.

I tend to agree with this, it takes years before you consider be a good trader, I wouldn't say professional because as I see, there's no professional in trading. But it depends on your dedication to learn in trading, like any skill, becoming proficient at trading requires time and dedication. The more time you can commit to studying and practicing trading, the faster you're likely to progress.

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Let me work you through this step I am using to be a professional trader

You can also add this.

Demo trading on exchange
Find a forum or a community like this

Yes, learning trading takes a lot of time, even couple of years until you can finally say that you’re already a good trader. But know that you can always lessen your time reading and researching about trading if you have a good and reliable mentor on one side. If you have a close friend who is into trading, then much better as you can ask for a discount and lessen your pay for him.

It’s not all the time that we get to learn all by ourselves. Trading is learned based through experiences, that’s the reason why we need to hire mentors so that we can learn and follow their good experiences in trading. Well except for fake traders as a lot of them are self-proclaimed traders found in social media.

Natalim

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Learning trading is free, that is pretty clear. Those newcomers who think that the use of copy trading, signal groups, and any groups pretending they will them and provide the necessary things to become a successful trade is impossible. Indeed, all the things we need are found available online, and many tutorials are meant easy for us to acquire knowledge. That is why the services I've mentioned above are nothing, we can do it alone. However, learning couldn't be instant but it takes several months to finally get how this works. Learning is not easy and no shortcuts which is why we stop believing people saying, we can make you rich in just a few days by having them as it was a big lie.

Maslate

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Quote from: |MINER| on March 21, 2024, 12:15:01 PM

Now nobody wants to teach anybody anything for free. Everything has to be done for money now. However, even if money is to be exchanged, it should be verified. Because in many cases, people have to be cheated by money while learning e-trading. If you are willing to learn for money, definitely learn from a trusted trainer. Moreover, I will say that it is better to learn by yourself. You should learn by analyzing yourself. You will not get the satisfaction that you will get by learning through your own efforts. You should first learn the rules of trading and then analyze them. Follow those who are good at trading.

I have no against learning trading on your own because if you really set your goal to achieve that, you will definitely make it happen, even if takes quite longer for you to finally absorb and understand well even the basics in trading. However, if you want to take some shortcuts and just focus on building your skill and strategies in learning, you would need a reputable well-experienced trader to guide and assist you in your learning journey. And for me, that’s quite more satisfying most especially if you are being trained by best trader in the community, but of course it also comes with a price so you have to afford it first.

|MINER|

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Now nobody wants to teach anybody anything for free. Everything has to be done for money now. However, even if money is to be exchanged, it should be verified. Because in many cases, people have to be cheated by money while learning e-trading. If you are willing to learn for money, definitely learn from a trusted trainer. Moreover, I will say that it is better to learn by yourself. You should learn by analyzing yourself. You will not get the satisfaction that you will get by learning through your own efforts. You should first learn the rules of trading and then analyze them. Follow those who are good at trading.

m2017

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keep walking, Johnnie

Quote from: Stablexcoin on March 17, 2024, 07:47:02 PM

I know knowledge is not free anymore.

It's always been like this. Moreover, only certain groups of people had access to knowledge. So, we were lucky to find ourselves in a time of accessibility of knowledge and the availability of the Internet. Knowledge cannot be free and you will have to pay for access to it either in money or time (for searching).

Quote from: Stablexcoin on March 17, 2024, 07:47:02 PM

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.

In any area where there is money, there will always be scammers selling access to knowledge, but the area of trading is like an endless gold mine for them, because in the eyes of beginners, trading is an easy and quick way to make money.

Quote from: Stablexcoin on March 17, 2024, 07:47:02 PM

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.

They sell air to simpletons. If their trading is so successful that they are willing to teach it, why don't they make millions from it and spend time learning? This business model is simple: their trading is a trash, and the money is made from the fulmars who believe in this training.

Quote from: Stablexcoin on March 17, 2024, 07:47:02 PM

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.

If they stop telling them this, sales of paid courses will fall. This is bait for fools.

Quote from: Stablexcoin on March 17, 2024, 07:47:02 PM

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

Why not just buy bitcoin and trade on btc-cycles (4 year cycle with halving)? This technique can be mastered by anyone and, as the practice of past years shows, it works 100%, unlike your trading. I want to say that hodl turns out to be more efficient and reliable than trading.

Franctoshi

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Quote from: Stablexcoin on March 17, 2024, 07:47:02 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.

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

In as much as you have all this platforms and tools available to use and learn trading, I strongly agree with you on having/finding a mentor, entering the trading world as a newbie ,you need have someone who is more experienced than you do and who will be there to guide you because you definitely will at some point get confused on making some market decisions or if not that, but for some trading stuff you haven't encountered before in the market.

TopTort777

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Quote from: Stablexcoin on March 17, 2024, 07:47:02 PM

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.

Next time you will be needed to have an operation, instead of visiting doctors and surgeon, get a knife and make everything yourself after watching video on a YouTube. Ive got a plan how you can get a million for free. Go to a public library, take and read as many books as you can, invent or prove something, get Nobel prize (medal + money). Profit.

What you say is simultaneously wrong and right. We can learn everything ourselves. In fact we can do everything ourselves. But having an experienced mentor makes you: 1) saves money 2) decreases learning time. On the other hand, make your own mistake and have own experience is better than repeating someone else life. Anyway, trading is only "buy low sell high" with little nuances.

pusaka

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Quote from: Hamphser on March 20, 2024, 11:19:32 AM

Quote from: pusaka on March 20, 2024, 11:05:07 AM

Therefore, confidence is very important for us if we want to start something that requires us to stand on our own feet. Because if we don't have confidence then we will always be shrouded in doubt even though we can actually do it. That's why people choose to pay their trading mentors instead of learning by themselves. But if you want to find a mentor, you must be careful too, because now there are a lot of irresponsible people, especially if they lure a trading signal. I honestly don't believe in it anymore.
It is more comfortable when we can learn together, from there we can share experiences and others, so that we will not depend on mentors but we must be able to learn even more actively to open new knowledge. But it's hard to find an environment like that.

It would be a matter of your own confidence plus the dedication on learning up trading because once you dont have these things then you wont really be having the eagerness on learning things on your own.

Just like been said by most people is that we do have those informations that we could really be making use and could be searched online. Those professional and gurus are also that making use of those
information on which they could really be able to share up with those noobs and claiming that they are the ones who are really that making of those things on which if you are really just that
sensible in regarding about your potential actions then you could really actually make yourself that learn with your own without spending a penny.

Somehow its not bad a idea for you to have those mentors on which you could really be able to follow on because there are really people
who arent really that good when making up those searches.

Yes, having a mentor is not a bad idea, as long as we can ensure that the mentor we have is a responsible person and indeed they have more knowledge in terms of trading. However, if we can do it ourselves then it is better to do it ourselves, in fact that is the main point in our discussion.
One more thing, we can learn independently if we have confidence in ourselves, in this case we definitely have to grow self-confidence in ourselves. Because if not, then we will never know what potential we have within ourselves, as I said before.
It's about how we can explore our skills, and I think everyone has skills, it's just that the difference is that there are people who are quick to understand something and there are those who take a little longer.

shinratensei_

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Quote from: Cryptomultiplier on March 20, 2024, 07:11:47 PM

It's just too much work to sit down and learn new things most times, that's why even after seeing YouTube videos and trying to learn anyway we can by ourselves, we many at times still end up paying to get the attention and time of someone who we feel knows better than us.
Am not against paying a professional to learn, but please it's good to ask the right questions beginning with the tutor showing a portfolio of reference for his accomplishments in that area, also is the need to ask how long it took them to become a professional.

A good community like this where questions can be asked is also a great way to self learn, alongside YouTube videos and podcasts, being practically consistent with the basic steps to becoming a professional trader that includes setting up an account, funding, wallet of choice and most importantly is to learn the terms used as regards trading.

this, definitely the reason why people sought after some paid courses that doesn't guarantee but they are still paying for it anyway because the fact that sometime learning by ourselves takes a toll i mean not all people really eager to learn by themselves sometime some people only motivated if there's some teacher that could teach them but this approach could be problematic as well to be honest.

personally I find it myself experiencing trading with my own money to give me the best impression and to understand how the market truly works.
because by then even though i lost some money i kinda get a gist of how the market works, this is also why limiting capital for begginner when they are still learning is important.

so at least when they got too greedy and got impulsive when they trade they don't loss too much of a money there are some money to be spared here.
so that they don't truly lose money and lose that chance to retry again.

Lanatsa

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Quote from: freedomgo on March 20, 2024, 07:54:34 PM

Quote from: el kaka22 on March 20, 2024, 10:33:33 AM

I believe that the fear that people have during this period people are not certain about what they are doing and that could be the most important. That is why I think it's quite realistic to say that most people will look for a mentor type of thing, that has to be the most important thing.

I hope to see that we are going to end up with people who will flock together as well, it is not just the fact that someone needs to be a mentor to them, they also require people who follow the same mentor, so that way they will feel better. I hope that it goes to do very well, and should not be a big deal, it could be a right move if they act together, that should be the most important thing to pick the right people, then it's fine.

If you want to achieve a clearer goal in trading faster, then getting a mentor is the key. Of course you need to spend some quite high amount for that since you are using his service for your own personal gain and interest. It’s like you are paying his trading experience so that you can also be more like him in the future. However, being cautious in looking for a mentor is quite risky these days, that’s why research his background a lot so that you will end up with a reputable trader that can also influence your trading success in the future.

Well you do got some points on which it is really that something that you could really be able to learn up things accordingly or in organized manner which is comparing when there's no one that would really be teaching you on where to start up then you would really be definitely be having those kind of mind boggling situation on where you should really be starting but same as said that you would really be needing to pay up premium for that and there's no such thing about being free. You would be needing to pay up and we know that not all would really be having the money that they could really be able to make use on.
There are ones who might be considering out such option in disregard about the amount but there are ones who would really be skeptical despite on having some funds.

But its really actually true that you could really be able to learn up for yourself without needing those gurus on which its really that needed to have that extreme effort and self
awareness or simply have that good time management on where you should really be able to begin. Watching out others experiences and trading methods would also help out.

Volimack

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If there is no trading plan how to trade well is not possible. As far as I know if you have good trading skills your own analysis often works well. But many times we learn a lot from the courses. Even if you don't follow the courses you will gain some knowledge about trading. You can also explore the education section. This will help you expand your knowledge about the market in general and our services in particular.

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Quote from: shawonngp on March 19, 2024, 09:47:46 AM

Quote from: boyptc on March 19, 2024, 05:46:17 AM

Yeah, a lot of free contents in YouTube nowadays that tackles about trading. You can start with all of that stuff and learn your techniques but you have to apply your own trades to yourself with your own money.

You'll get to see those content creators that have real intentions of helping their community and people to upskill in trading and there are goes that keeps talking about money milking from their viewers.

With the latter, if you have noticed that to the content creator you follow then stop wasting your time on them.

YouTube helping me directly or indirectly in the trading, because i am following some YouTuber's those are very experienced in this filed, and they really trying to share their strategies and other technical knowledge

Can you drop the names of those channels for me to see it as well? Lately, I have been looking into these creators and most of them aren't really into trading but into course selling.

It's funny but I do get already what they are up to and they are not for their own community because they're salesman and not educators of their following.

Quote from: shawonngp on March 19, 2024, 09:47:46 AM

but a lot of creators are making crypto trading related videos just to earn money, so we have to out find real traders on the internet.

It's rare because the real ones are silent and lowkey.

freedomgo

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Quote from: el kaka22 on March 20, 2024, 10:33:33 AM

I believe that the fear that people have during this period people are not certain about what they are doing and that could be the most important. That is why I think it's quite realistic to say that most people will look for a mentor type of thing, that has to be the most important thing.

I hope to see that we are going to end up with people who will flock together as well, it is not just the fact that someone needs to be a mentor to them, they also require people who follow the same mentor, so that way they will feel better. I hope that it goes to do very well, and should not be a big deal, it could be a right move if they act together, that should be the most important thing to pick the right people, then it's fine.

If you want to achieve a clearer goal in trading faster, then getting a mentor is the key. Of course you need to spend some quite high amount for that since you are using his service for your own personal gain and interest. It’s like you are paying his trading experience so that you can also be more like him in the future. However, being cautious in looking for a mentor is quite risky these days, that’s why research his background a lot so that you will end up with a reputable trader that can also influence your trading success in the future.

Topic: Stop paying money to learn trading when you can learn it yourself - page 6. (Read 1678 times)