Topic: Trading without experience and knowledge - page 5. (Read 2154 times)
With out knowledge not easy to trading. Trading is not easy to handle. So Frist you know the trading information. Then start the trading process. Market price any time check. So know the marketplace price changing time and how to increase market price. without experience and knowledge not handle the trading. If try to start you will get more lose. So wait and learn the eventing then starts. Then easy to handle the any trading issue.
You can trade without experience because every trader you see today starts one day. However, you cannot trade without knowledge. You need the knowledge to know the functions of trading tools and how to make use of them in order not to make trading mistakes. It becomes simpler especially since there are many crypto trading demo account today where you can practise how to make use of the tools to trade. In conclusion, as long as you start trading with the knowledge and understanding you have learn, with time you discover that you are making better decision. This is because of the lesson you have learnt that is further regarded as an experience
Agree, we have no experience when we are just getting started but at the very least, we still need to have the right knowledge for trading, rules, shares and analysis and where to source the signal, without one, we still need another to start with, everything can be learned gradually but nothing in the first place, this is just a waste of money. Many people are confident and think trading is a simple but realistic game, failures and the losers are just piling up over time, many experienced people can't keep their money either, don't talk about an outsider and know nothing, failure will be very fast 
In my opinion, it is highly recommended to have sufficient knowledge before trading because trading is full of risks and knowledge to minimize the risks that will be faced.
and that experience will make you more careful not to make the same mistakes about your losses, analysis is needed to choose the right and profitable coins to trade.
I prefer investing over trading because trades other than being risky have to be done on a full time basis.
and that experience will make you more careful not to make the same mistakes about your losses, analysis is needed to choose the right and profitable coins to trade.
I prefer investing over trading because trades other than being risky have to be done on a full time basis.
I believe most people think the same way because it's just simply BUY or SELL and as long as you have internet, that's easy. When you want to achieve profit, they thought simply buying a course from internet and they become expert in couple months time. I am 15 years in financial world including stocks, bond, derivatives, CDS, CDO and my best expertise in Exotic Options and Structure Notes which most retails trader didn't even heard before. Most of my friend always ask me the same question and I always will give 1 advise, don't even try unless you are willing to put 5-10 years in before even thinking about consistency profit. You are consider great if you can in BE position after 3 years of trading. Simply think this way, a professional trader earns more than a doctor or lawyer. Do you think they can become a doctor or lawyer in 3 months time? Sorry for telling the truth but that's the real situation in trading world. You are going a battlefield against all other experts with far more experience and high-technology equipment, never think it's easy to get into trading if you are not going to put in a lot, I mean lots of effort.
That's truth, I wanted to just correct that "clicking buy and sell" is not the question here, that is not what is being asked. Just like you said trading requires a lot of time, I do not know how many years or so, thankfully I have been only trading in crypto and not traded other things too much (just a bit of stocks purchased but that wasn't trading, I just bought them and hold them) and I can say that I have been quite successful since early days because all I do is just buy and hold, that's me, I do not trade.If someone wants to day trade for example, you need to be spending a lot of time to learn and just like you said it is something that takes over ad decade to be consistently profiting from it. Hence, I think "anyone can buy and sell as long as they have a PC and internet connection" is not what is being asked here, that is obvious and nobody would ask that.
You can trade without experience because every trader you see today starts one day. However, you cannot trade without knowledge. You need the knowledge to know the functions of trading tools and how to make use of them in order not to make trading mistakes. It becomes simpler especially since there are many crypto trading demo account today where you can practise how to make use of the tools to trade. In conclusion, as long as you start trading with the knowledge and understanding you have learn, with time you discover that you are making better decision. This is because of the lesson you have learnt that is further regarded as an experience
You can start trading without knowledge or experienced but you need to learn some basic because how you will trade a coin if you are do not have some knowledge. Having information and knowledge to the trading is your advatanges to know what is the coin that is good to buy and what do avoid a coin and the market possible price and the others once you have it you can increase the possibility of earning money.
I think trading without knowledge and experience will only make us lose a lot of money. Because the percentage of successful trading without
knowledge and experience is very small. So don't ever trade before making preparations, therefore most people who fail to trade because they
don't know how to read the market. Now it is very easy to get knowledge about trading, there are lots of videos on YouTube that teaches how
to trade properly.
knowledge and experience is very small. So don't ever trade before making preparations, therefore most people who fail to trade because they
don't know how to read the market. Now it is very easy to get knowledge about trading, there are lots of videos on YouTube that teaches how
to trade properly.
It was a total risk taking without any reason to hope for a good return in case because in trading we are all depend on our skills and knowledge on how to deal with it. Though an experience may only gain if you will try it out first because we as a newbie trader did try it without a proper experience or either really had an experienced already right but what we have on our first landed on trading as a weapon was our knowledge about it, and how to deal with it and so on.
Everybody has to start somewhere so, Yes, anyone can start trading without experience
Also remember, trading is not for everyone. You need to control and weigh fear against greed all the time.
I would recommend to start trading with Morpher.
Why?
1. You get 100 MPH tokens for free (real tokens). They are worth about $4 today
2. Their trading platform is very easy to understand
3. You can trade with a real account (Many people prefer to start with a demo account but you cant learn about controlling your fear/greed in a demo account)
Also remember, trading is not for everyone. You need to control and weigh fear against greed all the time.
I would recommend to start trading with Morpher.
Why?
1. You get 100 MPH tokens for free (real tokens). They are worth about $4 today
2. Their trading platform is very easy to understand
3. You can trade with a real account (Many people prefer to start with a demo account but you cant learn about controlling your fear/greed in a demo account)
Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
Of course, trading just about buying and selling so once they know how to buy and sell, they can easily follow the trade signals given to them, but tbh following those signals won't get them anywhere they will be stuck at just buying and selling phase and won't be able to do an F.A to make their own trade decisions, so having knowledge and experience about trading us very vital, after all the trading signals might stop coming someday and you only have yourself, so it's much better to trade and have the experience than trading with those trading signals. But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
Better to learn it by yourself than relies with someone as like what you said that it will stop
sooner or later, and not all or more on that signal providers ain't going to work. You should
do your own research and study before taking this business as venue or additional sources of
income,. It takes time, but you always have everything if you'll seek deeply and have the right
attitude towards your goals.
I think trading without knowledge and experience will only make us lose a lot of money. Because the percentage of successful trading without
knowledge and experience is very small. So don't ever trade before making preparations, therefore most people who fail to trade because they
don't know how to read the market. Now it is very easy to get knowledge about trading, there are lots of videos on YouTube that teaches how
to trade properly.
knowledge and experience is very small. So don't ever trade before making preparations, therefore most people who fail to trade because they
don't know how to read the market. Now it is very easy to get knowledge about trading, there are lots of videos on YouTube that teaches how
to trade properly.
I wouldn't so bad to get a bit of experience actually after learning just a bit of how things work. I wasn't very sure of what I was doing back then until I tried buying coins and then tried selling after a day. Watching the youtube tutorials can help, I', doing it myself up even today I still watch videos on youtube and learn from the guys in crypto who do a lot of vlog analysis to the market. They are sort of giving signals for their fans.
I think trading without knowledge and experience will only make us lose a lot of money. Because the percentage of successful trading without
knowledge and experience is very small. So don't ever trade before making preparations, therefore most people who fail to trade because they
don't know how to read the market. Now it is very easy to get knowledge about trading, there are lots of videos on YouTube that teaches how
to trade properly.
knowledge and experience is very small. So don't ever trade before making preparations, therefore most people who fail to trade because they
don't know how to read the market. Now it is very easy to get knowledge about trading, there are lots of videos on YouTube that teaches how
to trade properly.
Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
You are absolutely wrong with these thoughts Because if any traders don't have knowledge and experience, they were definitely no
chances for them to earn nice in trading. Where did you get this thought? Trading has no difference with the students who study to learn a lot of things to feed knowledge. And in every mistakes, I know for a fact that we always learn from it.
Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
Of course, trading just about buying and selling so once they know how to buy and sell, they can easily follow the trade signals given to them, but tbh following those signals won't get them anywhere they will be stuck at just buying and selling phase and won't be able to do an F.A to make their own trade decisions, so having knowledge and experience about trading us very vital, after all the trading signals might stop coming someday and you only have yourself, so it's much better to trade and have the experience than trading with those trading signals. But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
Impossible, but once or twice maybe it's fine but not forever, because over time you have to understand everything. In the past I was only required to know how to buy and sell simple at the beginning regardless of price trends at the same time and it did go smoothly, but after realizing there was a good price trend for buying and selling, I realized that the trades I did at the beginning were wrong and no profit at all but only the return that loses. So for me, it is impossible for us to take in trading if you do not have knowledge, because at least knowledge is the most important thing for you to eventually build experience.
....
In your opinion, can someone trading without experience or knowledge?
Asking can someone? Yes, of course. All are welcome either you have knowledge or nothing, as long as they wanted to be in trading. In your opinion, can someone trading without experience or knowledge?
If you only want to easily get rid of all your money, this is the best thing to do. You can't expect good for that situation but all of the big losses. And people just have to know the consequences before they tried it and so no regrets to happen after.
Everyone are free to whatever they've wanted to do when they enter this business,
with or without experienced as long as they can read and follow the exchange rules
and regulations they can simply proceed and start dealing with their trades.
Expect that Regrets will come after losing their invested money, that's reality to those who did not do their own DYOR before entering the market.
Depends from how you see your own potentials, the business is really wide and there's a lots chances to everyone.
....
In your opinion, can someone trading without experience or knowledge?
Asking can someone? Yes, of course. All are welcome either you have knowledge or nothing, as long as they wanted to be in trading. In your opinion, can someone trading without experience or knowledge?
If you only want to easily get rid of all your money, this is the best thing to do. You can't expect good for that situation but all of the big losses. And people just have to know the consequences before they tried it and so no regrets to happen after.
Of course you can trade without experience and knowledge. It's simply either BUY or SELL. But if you want to achieve consistency profit in trading, that will take many years of experience and knowledge. Furthermore, it depends what sort of strategy you want to use to approach the market.
If you prefer more aggressive style of trading, then go for technical analysis and look for speculative or naked trading (Most newbie starts from here).
If you prefer more conservative style of trading and risk diversification, then go for hedging strategy which needs more math approach. You have to familiarize yourself with Delta, Gamma, Volatility etc., how to manage your daily position and profit mainly derive from market volatility.
Honestly you are sort of wrong. You "can" trade without experience and knowledge but that is not people are asking or discussing here, they are not really profiting if they trade without any experience or knowledge so what you are saying that "if they have access to a computer and an internet, and if they can read and write, that means they are capable of starting an account and trading", do you really think that could be the thing we are discussion here? The "ability to operate a computer"? Could that possibly be the situation?If you prefer more aggressive style of trading, then go for technical analysis and look for speculative or naked trading (Most newbie starts from here).
If you prefer more conservative style of trading and risk diversification, then go for hedging strategy which needs more math approach. You have to familiarize yourself with Delta, Gamma, Volatility etc., how to manage your daily position and profit mainly derive from market volatility.
Trading without experience and knowledge is something that will lose you money, you will not profit unless you are very lucky and that is why I think people are looking to profit from crypto by learning how to trade first. I believe it is going to be a tough situation if we lack everything and still trade just because we "can".
There's no absolute answer for this question. I believe most people think the same way because it's just simply BUY or SELL and as long as you have internet, that's easy. When you want to achieve profit, they thought simply buying a course from internet and they become expert in couple months time. I am 15 years in financial world including stocks, bond, derivatives, CDS, CDO and my best expertise in Exotic Options and Structure Notes which most retails trader didn't even heard before. Most of my friend always ask me the same question and I always will give 1 advise, don't even try unless you are willing to put 5-10 years in before even thinking about consistency profit. You are consider great if you can in BE position after 3 years of trading. Simply think this way, a professional trader earns more than a doctor or lawyer. Do you think they can become a doctor or lawyer in 3 months time? Sorry for telling the truth but that's the real situation in trading world. You are going a battlefield against all other experts with far more experience and high-technology equipment, never think it's easy to get into trading if you are not going to put in a lot, I mean lots of effort.
I think without knowledge and experience it is like gambling. experience, psychology, technique, must be present in the trader. with this, traders can survive in the world of trading. different from gambling, I don't think they can last long in the trading world
Experience can be earn, but knowledge is a must and every newbie needs to know what they are doing before they start trading. It's a risky activity as it involves money and anytime you may lose if you don't pay enough attention on trading, long term trading and short term trading, both needs the require knowledge but short term trading demands more knowledge in order for a trader to succeed.
Of course you can trade without experience and knowledge. It's simply either BUY or SELL. But if you want to achieve consistency profit in trading, that will take many years of experience and knowledge. Furthermore, it depends what sort of strategy you want to use to approach the market.
If you prefer more aggressive style of trading, then go for technical analysis and look for speculative or naked trading (Most newbie starts from here).
If you prefer more conservative style of trading and risk diversification, then go for hedging strategy which needs more math approach. You have to familiarize yourself with Delta, Gamma, Volatility etc., how to manage your daily position and profit mainly derive from market volatility.
Honestly you are sort of wrong. You "can" trade without experience and knowledge but that is not people are asking or discussing here, they are not really profiting if they trade without any experience or knowledge so what you are saying that "if they have access to a computer and an internet, and if they can read and write, that means they are capable of starting an account and trading", do you really think that could be the thing we are discussion here? The "ability to operate a computer"? Could that possibly be the situation?If you prefer more aggressive style of trading, then go for technical analysis and look for speculative or naked trading (Most newbie starts from here).
If you prefer more conservative style of trading and risk diversification, then go for hedging strategy which needs more math approach. You have to familiarize yourself with Delta, Gamma, Volatility etc., how to manage your daily position and profit mainly derive from market volatility.
Trading without experience and knowledge is something that will lose you money, you will not profit unless you are very lucky and that is why I think people are looking to profit from crypto by learning how to trade first. I believe it is going to be a tough situation if we lack everything and still trade just because we "can".
I think without knowledge and experience it is like gambling. experience, psychology, technique, must be present in the trader. with this, traders can survive in the world of trading. different from gambling, I don't think they can last long in the trading world
Jump to: