Trading without knowledge - page 10.

newbie-hero

full member

Activity: 518

Merit: 100

Quote from: Nyeyzel on March 31, 2018, 09:26:09 AM

Are you serious! That is like going on the battlefield without a gun. Your chance of survival is little.
Trading is very risky move; you need to learn more about it before you invest or make a move. It requires planning and focus to avoiding big losses. But if you want to start trading without knowledge just start in a small amount and some luck.

Yes, sure! trading without any knowledge is like jumping into the rough sea from the rock, especially when you cannot swim. Only knowledge gives you the chance to become a good trader.

Innerpumper

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Activity: 1021

Merit: 12

Quote from: Johnyz on March 23, 2018, 03:28:52 AM

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.

In the world of trade cryptocurrency needed knowledge in technical analysis and fundamental analysis. However, it also required patience, namely by holding. You're right.

onecyde23

newbie

Activity: 70

Merit: 0

First thing you need to know in trading is the value of the items you are going to buy/sell/trade. Then learn how the market flows. When trading something with someone always keep in mind that you should have a profit. For me this is all the basic knowledge when trading, but the best knowledge wil come with the experience.

Dodoymabs

full member

Activity: 602

Merit: 100

Quote from: Dasha88fed on April 06, 2018, 10:30:04 AM

Quote from: Johnyz on March 23, 2018, 03:28:52 AM

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.

In addition to knowledge, you need to have special qualities of character, endurance and patience, and, of course, the desire to trade on the exchange. Not everyone has all these qualities, but here you need a combination of these qualities. I know that there are people who seem to have enough knowledge to trade on the exchange, but there is no aging and they make mistakes, because of which they lose money later.

That's right, knowledge plus experience in trading will be a good combination. We know trading also need some skills so in order to achieved that, it really needs a lot of experience. Simply, trading without knowledge is just like throwing some money in the air.

Dasha88fed

member

Activity: 350

Merit: 10

Quote from: Johnyz on March 23, 2018, 03:28:52 AM

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.

In addition to knowledge, you need to have special qualities of character, endurance and patience, and, of course, the desire to trade on the exchange. Not everyone has all these qualities, but here you need a combination of these qualities. I know that there are people who seem to have enough knowledge to trade on the exchange, but there is no aging and they make mistakes, because of which they lose money later.

iged_war

sr. member

Activity: 882

Merit: 250

this is the same with wasting our money for things that are not useful if trading without having any skills..better to buy some bread for our family than we doing that.saving our money is important thing for us.dont gambling in cryptocurrency or you will loss your money.

coynedterm

hero member

Activity: 882

Merit: 500

Quote from: Johnyz on March 23, 2018, 03:28:52 AM

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.

This is real truth that I saw in my many of friend's life about bitcoin trading or cryptourrency trading are in loss .
First time they get into cryptourrency trading Because they seen that how much I am making money and doing simply buy sell .
But after get into this field they lost much .
But here I am a experienced trader , I have full experience to how to handle profit and loss. And also I myself first leanred trading in starting with 10$ and today what I am , I can say I am a successful .
I am making monthly average about 300-500$ per month which is not a big thing and also helping another people to make buy sell altcoins to make profit .

Nwankwobtt

member

Activity: 487

Merit: 10

A lot of noobs indulge in there. When they hear the success story of some traders making thoudands of dollars, they will now jump in to push their luck

Cling18

full member

Activity: 1708

Merit: 126

Quote from: Johnyz on March 23, 2018, 03:28:52 AM

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 without enough knowledge about what we are doing is risky because we might lose a lot through our wrong actions. What we really need to do before we start trading is just to gain knowledge about it first since trading is no joke since it involves money. It will also take a lot of patience so we must be smart enough to wait.

restuibu

full member

Activity: 994

Merit: 100

Trading without knowledge is the same as choosing a loss so I really do not want to approach it let alone have to do it
I prefer choosing long term investments and with coins that have the best potential

ICO BLOG

copper member

Activity: 378

Merit: 3

True 4 sure

BabyBoss

full member

Activity: 462

Merit: 100

Knowledge comes from experience. Experienced on studying and experienced on looking at it. I am sure that before we trade atleast we have already know about something even it's small. I am not believing that you will trade without knowing it. What we need is Knowledge and Also Wisdom.

zucknail

sr. member

Activity: 462

Merit: 250

Quote from: West0813 on April 06, 2018, 08:33:03 AM

Is there a people who will trade without any knowledge in doing it? I think those people who trade without knowledge are crazy. When uou have no knowledge in trading you will easy to panic when the market is down. And it will result in the lost of your capital.

better to avoid this way. i can said this is gambling and we spend our money for unusefull thing.miss opportunity better than we loss our money.

oneirozwis13

newbie

Activity: 23

Merit: 1

Some good points here and a lot of people repeating the same thing. Yes, trading is risky and it is very easy to lose money while doing it. And probably the best possible way to learn is to try it, and keep trying and through experience. I think it's a good idea to start small, look for an exchange that has small order limits, and that way you can play with small amounts that won't bother you if you lose them. Also be prepared for both possibilities, either the market goes up, or it goes down. See the chart history as much as you can to see some of that market's possibilities. Some helpful guys on youtube too, but I don't think it's possible to learn trading purely from reading and watching videos. Experience is key. Something unexpected happens, you will find new emotions you didn't know you would have, and then you have to learn how to deal with them.

West0813

full member

Activity: 504

Merit: 100

Is there a people who will trade without any knowledge in doing it? I think those people who trade without knowledge are crazy. When uou have no knowledge in trading you will easy to panic when the market is down. And it will result in the lost of your capital.

dsaijz03

full member

Activity: 322

Merit: 101

I will result to wasting of your money. We should remember that even pros are taking risk in trading and even lost there money how much more those who don’t have or do not know nothing about trading. We should take time to research and study about trading to know the strategies and techniques.

maemunah

sr. member

Activity: 672

Merit: 250

Quote from: cheezcarls on April 06, 2018, 06:18:00 AM

For me, I think it is not a good idea to trade without having some knowledge. It is like playing a video game, but you were framed as a ‘noob’ because you do not know what you are doing to compete with them. I think it is better that you should know first the basics of trading before calling yourself an experienced one.

that's really what you say that if you want to go through trade work it must take very mature experience and details also in order to gain profits and avoid also from loss. so if I think in trading it must have experience

Compa

legendary

Activity: 1006

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Don't do that guys, trading is very risky. trading without knowledge you will lose of money
it's better to learn about trading, trading is needed an analisys to get a profit.

BitProCoin

member

Activity: 238

Merit: 10

Trading without knowledge will be very harmful to the traders. Because of this reason, a trader can get profit for a moment but they can lose their whole investment at any time.

binhvo1505

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Merit: 11

https://streamies.io/

Quote from: Johnyz on March 23, 2018, 03:28:52 AM

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.

I appreciate your article. In my country there are many people who have lost money because of investing in crypto without knowledge.
After spending a lot of money, they blamed Cryptocurrency for the fact that Bitcoins are bad currencies and can not last long. I'm really angry and despise people like that.
We should know a rule, success is never easy to obtain. It is a long-term refinement of patience and hard work. Do you agree with me?

Topic: Trading without knowledge - page 10. (Read 2045 times)