Topic: Trading without knowledge (Read 2045 times)
trading without knowledge is likely to be just burning money, when you do not know trading, do not invest because it's a waste of money, and it does not make trading much easier, since it's just a little bit more, because it's trading It's not just that, let's go ahead or find out before trading.
I think we really should be sensible with our money, since it's being earned through hard work and invest it properly
If you want to become successful in trading you mist better if you have some knowledge because for sure you can use it and they have possible that you become rich someday because of your knowledge in trading..
I don't think it has a chances to gain huge moneys. Its hard to success a trade without knowledge ,before we enter we must develop our learning and collect more suggestions from others who experience difficulties in trading. Our goal is to gain enormous profit not for losses ,don't initiate something bad decision making just for experience ,theirs a lot of time and possible to happen in reading such article about trading site.
If you want to become successful in trading you mist better if you have some knowledge because for sure you can use it and they have possible that you become rich someday because of your knowledge in trading..
Because we have many traders without knowledge we have so much disappointed people with trading and cryptocurrencies. Wrong decisions, too eager behaviour, lack of recovery strategy, too much emotions these are often the consequences of trading without knowledge.
You might have beginers luck but this can't last for long and sooner or later you will face some loss and you will not know how to behave, what to do and maybe the worse what exactly lead to such situation.
So trading without minimum knowledge at all isn't the good idea.
You might have beginers luck but this can't last for long and sooner or later you will face some loss and you will not know how to behave, what to do and maybe the worse what exactly lead to such situation.
So trading without minimum knowledge at all isn't the good idea.
Yes, you're right. Without sufficient of knowledge, don't try to trading. Because trade isn't a riddle. But I think day trader still can. You can see a chart and movement of market without more analysis
More traders especially the newbies without any experience fall into regrets, and easily having panics when the price started to dump. Doing some multiple choice on the coins to choose when trading isn't a good idea to have, because you maybe wrong if you have no such information about the currency you are picking. The chart doesn't give you enough reference, and good thing to do about is to research more often with that coins you are planning to buy. With this strategy you can develop skills and ideas on how you decide whether you wait for the price to increase or dump early, when you seen it no chances of gaining good price.
It's already difficult to trade with a sound knowledge... I can't imagine without it 
Anyway, luck could be much more important
What are you serious and do you even experience trading without knowledge? that is a very worst thing to do and you will just loss your money. Luck is not that much working on trading because if you dont have knowledge you are like playing a dart with a blind fold on your eyes.Anyway, luck could be much more important
Trading without knowledge is like walking in the dark. No matter what capital you have is useless. Just going to waste money and in vain.
Trading without knowledge of technical analysis and market knowledge doesn't make much sense. It's easy to lose the money invested. Anticipating market behavior several times a day isn't a simple task and requires experience.
A lot of people do trading even if they don't know nothing about it and some people succeed on that but most of them failed.
One of the reason why I think they do that, is because of GREED which can result to a big loss for them.
Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.
Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.
Trading in crypto market is more riskier than stock trading specially if you don't have background in trading this may put all your investment at risk better to attend basic stock ls trading seminar and try trading with small amount of investment first and once you hqve wnough knowledge you can add more. you should control your emotions too don't panic when you saw huge downward of your portfolio. One of the reason why I think they do that, is because of GREED which can result to a big loss for them.
Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.
Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.
Trading without knowledge is like walking in the dark. No matter what capital you have is useless. Just going to waste money and in vain.
Yes, you're right. Without sufficient of knowledge, don't try to trading. Because trade isn't a riddle. But I think day trader still can. You can see a chart and movement of market without more analysis
I am such trader. Too emotional
It's already difficult to trade with a sound knowledge... I can't imagine without it
Anyway, luck could be much more important
What are you serious and do you even experience trading without knowledge? that is a very worst thing to do and you will just loss your money. Luck is not that much working on trading because if you dont have knowledge you are like playing a dart with a blind fold on your eyes. Anyway, luck could be much more important
Knolwedge is important in evertyhing. Before you succeed in life knowledge is one of the important factor that can be consider.Like in trading before you start on it you need to be learned everything for you to be able to success and earn a lot.
Literally speaking yes, knowledge is the most relevant thing that a one person should have when he/she would hoing to enter in one kind of investment or even trafing. And trading without knowledge is much worst than taking risks because at this time you double kill your chance to get a high profit, so before you enter in this kind of job make sure yo yourself that you have equipped yourself even a basic knowledge about trading.One of the reason why I think they do that, is because of GREED
Yes, trading in general (and this relates not only to cryptocurrencies) is very much of human psychology.
I would add ENVY that beginners feel to those who already succeeded. There are so many bullshit stories on the Web saying things like "I invested $500 in 2010 and got my two-million profit in late 2017".
Everyone wants just earning, but they forget about all that hard work investors usually do before they entrust their funds.
It's already difficult to trade with a sound knowledge... I can't imagine without it
Anyway, luck could be much more important
Anyway, luck could be much more important
It is quite obvious that you should have some education in order to start trading but for some reason this forum is one of the main things that mislead the beginers. I remember myself a while ago asking about crypto trading, the most popular advise wassomething like "Just fund your exchange account and start trading, you will get experience. No shit".
Just imho we should have a thread with basics of technical analysis and some information about crypto trading / investing pinned on this board.
Just imho we should have a thread with basics of technical analysis and some information about crypto trading / investing pinned on this board.
That's right. I mean, in anything a person would do, doing it without or having low knowledge would only lead to bad results. And in this market, that kind of mentality and approach would certainly lead to a loss of investment, and in turn, money. This market is not fit for the "wing it" style because there are so many factors that might affect one's investments that even if one is prepared for his deals, there are still some chances for it to go south, what more if it's not planned at all. What I am saying here is that this market is already risky, going to war without any weapons would just make it riskier.
Trading experience and digital cryptographic currency are all very important!
There are also a lot of successful traders who have little experience, and that's just their luck, choosing some potential digital cryptographic currency!
There are also a lot of successful traders who have little experience, and that's just their luck, choosing some potential digital cryptographic currency!
It is quite obvious that you should have some education in order to start trading but for some reason this forum is one of the main things that mislead the beginers. I remember myself a while ago asking about crypto trading, the most popular advise wassomething like "Just fund your exchange account and start trading, you will get experience. No shit".
Just imho we should have a thread with basics of technical analysis and some information about crypto trading / investing pinned on this board.
Just imho we should have a thread with basics of technical analysis and some information about crypto trading / investing pinned on this board.
That's right. I mean, in anything a person would do, doing it without or having low knowledge would only lead to bad results. And in this market, that kind of mentality and approach would certainly lead to a loss of investment, and in turn, money. This market is not fit for the "wing it" style because there are so many factors that might affect one's investments that even if one is prepared for his deals, there are still some chances for it to go south, what more if it's not planned at all. What I am saying here is that this market is already risky, going to war without any weapons would just make it riskier.
Starting of the trade without having any kind of knowledge related to that of trading is just like jumping into a river without even knowing how to swim. If you are going to take such kind of step in your life. Trading without knowledge is not that bad for me for a beginner who wants to learn in this market, I mean we all are not professional at first and maybe you have a point that some people is Greedy and only wants money but for in my opinion not all
Its right, but trading cannot be like a river that if you dont know how to swin you will be dead if no one saves you. In trading you can jump on it without knowledge but after that some of that trader will learn out new things until he gets curious how that works how to do it and so many more. Trading without knowledge in the beginning is normal but continuing without learning is a dumb. Jump to: