Topic: Trading without knowledge - page 16. (Read 2127 times)
Trading without knowledge is just like going to war without proper training. You don't know what to do or where to start, some people can easily adopt, they are the ones who succeed and some people who dies, they are the one who failed. Emotion is one of the worst enemy in trading, and you must have knowledge just to be sure that you will survive don't think so full of yourself that you can easily know everything because that is the one readon why we fail.
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 a blind person driving an expensive car 😁 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 absolutely Nothing. Meaning studying without getting knowledge is useless though. If yu want to trade then you must study trading with studying it very well and let your mind focus on it.
There are a lot of nuances in trading. Knowledge is necessary. It is necessary to study trading tools, indicators, algorithms. You need to be able to analyze the market, charts with price changes. And that's not all. If this be neglected, there will be disappointments and losses.
Trading without proper knowledge is like going to war without equipment and of course the result is defeat and totally broke. Trading is not like investing that you just put money and wait for your money grows without doing nothing. In trading all you have to do is carefully choose what coins in the market are having potentials to grow and be like bitcoin someday, you also have to monitor the coins you bought to know when you call sell your coins to have a profit. The best strategy for me is having a limit on any coin because being greediness is not the best mindset in trading industry.
I strongly agree, Being greed can lead consequences and you can say it a problem. I believe in this concept knowledge = gain. If you don't have a knowledge then the opposite of it is losses.
trading without knowledge is like walking in a bombland blindly!
knowledge is power and decreases the risk of trading in possibilities calculations.
For a good trader it is necessary to have some good knowledge and previous experience, trading skills are also too much important for a person to be succeeded in trading, without having sound knowledge and trading skill the chances of losing money are more high. I think one can get good experience in trading if he spend some time in trading with a very very low investment. knowledge is power and decreases the risk of trading in possibilities calculations.
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 a dangerous thing. It can be seen that this is a new school and complex voices, continuous fluctuations and difficult to guess. If you do not have enough knowledge about the market and trading skills then I am confident that you will make a loss and you will definitely fail. You need to thoroughly research the market, analyze and have specific plans before investing to tackle the risks that are not worth it. 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 will not help you much. In trading, discipline and experience are important. Only these things can help earn. And with knowledge and without experience and discipline, you will lose money.
Well mate to be honest you are right to some extent as profit in bitcoin trading is very certain but to some extent you are not saying the reality because if you are a trader then you should know how important the knowledge is. Not only in trading but any business you must gain high experience and knowledge. if you will get more information about trading then it will increase your profit and will give you benefits with knowledge you will know about when you should buy and when you should hold and sell, so I think a man without knowledge and trading is like walking in the dark street. 
A lot of people do trading even if they don't know nothing about it and some people succeed on that (...).
I do not think so. According to what I have observed for almost ten years as a trader, it is difficult for a person who enters this business without any knowledge or experience to achieve true success, with consistent profitability over the years.
Many beginners make the mistake of becoming overconfident when a string of good luck allows them to obtain important benefits during their first attempts in the market, but without a solid strategy and adequate money management, all of them, even the most talented and fortunate, are condemned to suffer great losses sooner or later.
I personally love investment and business, but I will not send my money without understanding or learn what kind of business. It's like you're throwing away your money and property into the landfill. Profits will be useless if there is no proper perception of business in any field. Even the crypto market is getting fiercer.
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.
Then the outcome is obvious, you will easily lose your money if you will trade cryptocurrencies without knowledge. The key for you to earn big amount of money in trading is knowledge. You should consider how important to have knowledge about trading! 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.
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.
Then the outcome is obvious, you will easily lose your money if you will trade cryptocurrencies without knowledge. The key for you to earn big amount of money in trading is knowledge. You should consider how important to have knowledge about trading! 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.
WHen you start trading you're playing a zero sum game with money on the line against more experienced, better funded, more knowledgable traders who have their emotions in check and know your playbook and your panic moves because they've been there done that and can sit calmy with icewater veins while you trade like a chicken with its head cut off. No, it's not easy to learn to trade and it shouldn't be. Good luck all! 
Here's my advice- learn to recognize and how to trade a breakout pattern. You can find info-vids on youtube. I think its the most informative single trade experience you can have. The rookie sees a breakout and fomo kicks in...rushes in, buys high, panics when the price starts dropping, sells at a loss in the dip in panic, buys again when its going up.
A trader sees the breakout and if its too late to enter they wait, when profit takers dump and the price cavities they buy your coins when you dump em off at the dip and sell them back to you on the soon to follow rise up again.
One breakout trade and you can learn all you need to know about how greed/fear and lack of knowledge/experience affects your trading. Read up on em first and play it right and (or wrong) and you'll come out a better trader for the experience.
Here's my advice- learn to recognize and how to trade a breakout pattern. You can find info-vids on youtube. I think its the most informative single trade experience you can have. The rookie sees a breakout and fomo kicks in...rushes in, buys high, panics when the price starts dropping, sells at a loss in the dip in panic, buys again when its going up.
A trader sees the breakout and if its too late to enter they wait, when profit takers dump and the price cavities they buy your coins when you dump em off at the dip and sell them back to you on the soon to follow rise up again.
One breakout trade and you can learn all you need to know about how greed/fear and lack of knowledge/experience affects your trading. Read up on em first and play it right and (or wrong) and you'll come out a better trader for the experience.
no problem man! everyone also needs experience. There are too many traders without knowledge now and i believe that they will learn their lessons soon.
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.
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 agree. For us to do better in trading we should educate ourselves about doing the right things right and we should all know the proper things to apply in trading. It is like a roller coaster ride with a lot of trial and error practices but we should be ready for all the posible changes that we might face.
In the maximum cases people trades without any knowledge or by emotion. I think only 20% people have the right knowledge about the market and the projects. That's why lot of people loss when they trade.
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.
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 agree.
Trading is all about knowledge and psychology. If you do not have knowledge, and psychological preparation, you will lose in 99% of cases.
I trade 7 years.
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.
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 want to step in the trade game but I’m not ready yet. We just need to be patient to know enough so that we can trade the proper way. For now just research, learn a lot here in the forum. And start small. If you want to gamble make sure you’re experienced enough to do it. Good luck to everyone.
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.
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 will make it difficult for you to earn profits and it will be easy to panic, you should first learn how to play good and correct trading in order to get a lot of profit from trading cryptocurrency.
Jump to: