Completely you're absolutely right because psychological is something that has to do with traders/investors' maturity status and this is the reason why some people believe crypto trading is not meant for people that can put their psychological in check.
You are right about this. The maturity status of a trader will make a trader realize all that can't be taught in trading.
You would surely see the difference when you do try to compare the older you and the current one as you do gain up experience along the way.There are indeed things that cant really be taught by anybody or can be searched up online since this do particularly talks about inner self attraibutes.
Patience, discipline, emotion handling and more can really be only attained by just experiencing up things.The less you do engage into something then the lesser you would able to mold up yourself.
This is why we should really be trying our best to learn up along the way and gradually enhancing those attributes which are the main keys for you to be good into this kind of field.
This is exactly everything on my mind right now!
psychological cant be taught and it the common problem most cryptocurrency investors and traders have.
What i think cant be taught when learning trading is an improvement cause the crypto trading of today is different to the year 2016 which some bot that ease trading is not popularly used. However, traders improvement depend on dedication and thinking outside the box
We will all grow eventually to realize all these
I've got a new one here - controlling your emotions.
Controlling your emotions while setting up a trade is one of the major aspects a very few people know and this thing can't literally be taught to any person as it needs to be conquered on our own. I believe that OP should compile a list of such opinions and put the best ones in the first post so to give a glimpse of the points that are needed to be taken into mind and learnt on our own before jiving into trading.
Good point! but I believe controlling emotions also lies under trading psychology.
instinct. A good trader will have a strong instinct to have a premonition of something is about to happen. We all agree that knowledge and skills are important but our instinct are also important. Building a strong instinct takes a lot of experiences, it can't be taught. You can only learn it by a hard way - actually going through!
Yes! instincts. This builds up wit experience in trading after seeing things happen over and over again.
I don't think you're right in some ways. People can be taught to have control over their feelings and reactions. It depends on who is teaching you. An expert in that area can teach you how you can get over any kind of bad feelings that you don't want. It's being done and this is not something new, unless you have not experienced or seen it before. But one thing I know for sure is that it can be done.
I don't really think that there is anything that can't be taught in trading. You can be taught how to trade, the technical analysis and you can as well be taught the psychological side of it. We are having experts these days hence finding a right people to teach us is not a big problem. This is the reason people are becoming too lazy to learn anything by themselves and going for classes for every aspect of trading and life.
The Truth of trading is that you will eventually have to practice everything you learn on your own. More the reason why most traders claim they are self-taught.
Psychology can be taught but it takes a conscious effort and practice to enact it into your trading. If you can't enact it, it is more like you didn't learn anything.
It is just like reading a manual on how to drive. If you don't practice how-to, you will remain inexperienced.
Most of the things we learned in trading came from our own experience.
At times, it is when we experience something or incident in trading, that's when we can relate to certain things being taught in videos. So eventually, you learned from your own experience.
