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Topic: Trading without knowledge - page 15. (Read 2095 times)

full member
Activity: 365
Merit: 108
March 30, 2018, 01:02:06 PM
I think trading without knowledge is like the book without pages. It means if you do trading without any knowledge then i am sire that you will definitely lost your money.so if you want to do trading then first of all get proper knowledge about trading.you can get that knowledge from Google, YouTube and on this forum too.After get proper knowledge about it you can start trading but you also need experience in trading. the more your experience ,The more profit you will get.
hero member
Activity: 1750
Merit: 589
March 30, 2018, 12:52:58 PM
It’s really difficult to improve trading capabilities then you have to gather a lot of knowledge about the market. For this purpose, we may find out a lot of literature regarding this purpose. Basically, trading is totally dependent on the experience and knowledge about market.
That’s why, without knowledge and experience, No one can gain from trading and investment. But it also depends on luck but knowledge is the basic element.
Starting a trading without taking a proper education or a form of educating ourselves is a hard thing to do specially when we are new on the platform we are going to trade. Leaning the basics is a must on initially starting an investment as a part of our trading because it could help us to improve and to earn a part of our trading. And improvement and taking an updates is a necessary things to do for us to earn more and to have more capabilities to earn.
sr. member
Activity: 924
Merit: 275
March 30, 2018, 11:36:48 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 knowledge is like suicide! It is extremely risky because knowledge is the most important factor for you to make money in trading world. I am sure that you will fail if you will trade without knowledge.
newbie
Activity: 149
Merit: 0
March 30, 2018, 11:04:19 AM
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 because for some instance I also a trader with just a little knowledge about trading I do some research about the project I invested in, I start investing because I want to learn something new, and I am well aware of the consequences that might took place in the future but for me, it will be worth it. for the knowledge and experience that I will gain.
sr. member
Activity: 714
Merit: 254
March 30, 2018, 10:44:39 AM
well I think trading without knowledge is too dangerous , if you dont have enough knowledge about the coins that you are going to buy , it might lead you to loss. so you need to study the coins if it will give you benefits or not
Even in real life, we must make sure that we do have knowledge in everything, if not then the tendency we will become weak in making a decision because we don't know what we are entering at we are just going with the flow which is not good actually.
full member
Activity: 252
Merit: 100
March 30, 2018, 10:36:51 AM
well I think trading without knowledge is too dangerous , if you dont have enough knowledge about the coins that you are going to buy , it might lead you to loss. so you need to study the coins if it will give you benefits or not
legendary
Activity: 1414
Merit: 1001
March 30, 2018, 09:20:34 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.
Knowledge of the coin we are going to buy is very important. Because it will affect the end result we will get. basically we have to do the analysis by looking for various information available, other than that see how public enthusiasm become benchmarks that must be considered. So that's what will help us to be successful in trading. You can not just bet on luck because Trading is a different matter, Trading should be well studied. And when we have experience then we will get skill in analyzing each coin. Start from buying cheap coins and analyzing well. Failure at the beginning is common, never giving up because failure is the beginning to success. The more you try to trade then the more skill and experience you have.
newbie
Activity: 79
Merit: 0
March 30, 2018, 09:12:57 AM
Trading without knowledge, training and experience is like driving a car without knowing the rules of the road, experience and driver's license. In relation to cryptocurrencies, this statement is doubly true.
jr. member
Activity: 172
Merit: 3
March 30, 2018, 09:08:23 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 the knowledge of the loss will be obtained because in trading must know everything if not to lose ,,,
in trading the risk is so great that should be ready to accept the risk that will happen especially if there is no knowledge about trading ..
sr. member
Activity: 462
Merit: 250
March 30, 2018, 09:01:58 AM
not just in commerce, in all kinds of work we must begin by having knowledge, because if we work without having knowledge, then surely we will only get a loss.
There are so many people who regret trading because they always suffer losses, but I believe the losses they get are due to their lack of trading knowledge.
and then they blame and said trading forex or crypto is gambling.eventhough it caused by their own fault.konowldege and skill very very important for us in addition work in any disicipline,
member
Activity: 266
Merit: 10
March 30, 2018, 08:52:51 AM
not just in commerce, in all kinds of work we must begin by having knowledge, because if we work without having knowledge, then surely we will only get a loss.
There are so many people who regret trading because they always suffer losses, but I believe the losses they get are due to their lack of trading knowledge.
member
Activity: 198
Merit: 16
For RENT
March 30, 2018, 08:46:39 AM
Trading without knowledge driven by greediness is very risky and will result in a big loss of your capital, it's like driving without any driving knowledge that will end up in a not-so-good situation. Any given fields need some knowledge to produce good results.
full member
Activity: 249
Merit: 100
March 30, 2018, 08:34:37 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.

That is the worst thing you can do without any or a little bit knowledge about trading. For you to become successful with this field you must asked any strategies in trading but before that you must have foundation or knowledge to start this field. But sometimes it has an advantage in trading without any knowledge because this experience really teach you but the worst part of this is that you lose money and even time.
full member
Activity: 651
Merit: 103
March 30, 2018, 08:25:35 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.
Are you idiot? It is extremely risky! Trading cryptocurrencies without knowledge is really bad idea! Many people loses their money in trading because their knowledge is not sufficient. If you do not want to become like them, then you should not trade without knowledge.
sr. member
Activity: 980
Merit: 250
March 30, 2018, 07:34:34 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 am sure that you will regret it! Do not trade because your knowledge is still not enough! You will lose your money! Beginners like you should not yet trade cryptocurrencies because there is high possibilities that you can lose your money.
other people call this gambling, trading without any knowledge and no analisys while they open transaction.just put their buy or sell order , and wait this transasction gain profit or loss.please avoid this way or our money gone.
sr. member
Activity: 952
Merit: 274
March 30, 2018, 07:29:59 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 am sure that you will regret it! Do not trade because your knowledge is still not enough! You will lose your money! Beginners like you should not yet trade cryptocurrencies because there is high possibilities that you can lose your money.
full member
Activity: 434
Merit: 102
March 30, 2018, 07:17:58 AM
you better have knowledge before you start some work.when it comes to crypto currency thats huge.trading is a professional part of crypto.you should think twice before you start trading.but dont be afraid, spend small money for your practice first.then go big
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, then you will be getting nothing profitable but the end result will be losing of most of your money because of making the wrong decision. It is better to learn the basics first and then get into it.
sr. member
Activity: 552
Merit: 250
March 29, 2018, 02:52:30 PM
Trading without knowledge is the worst mistake made mainly bu starters with trading field. It leads usually to big losses. Trading is different than gambling where you havent to get knowledge first, and you depend only in luck. Trading require good knowledge to minimize the risks and to make the biggest possible earning.
hero member
Activity: 2352
Merit: 905
March 29, 2018, 02:17:56 PM
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.
People do really trade blindly because everytime and everywhere you read posts which "claims" you can earn a lot of money from trading and become rich pretty easily.
So a lot of people tries their luck in it, sometimes you can earn profit luckily, without any knowledge but that's even not short term, it's like one time luck.
member
Activity: 154
Merit: 11
Transforming the Global Shipping Industry
March 29, 2018, 02:06:16 PM
I started trading without knowledge and I can say it really sucked!
I would just see what coin is gaining the most and put my money there, within a few hours a would just loose like crazy hah.
Guess I can say that I learned my lesson the expensive way  Grin
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