Topic: Trading without knowledge - page 4. (Read 2048 times)
Trading without a knowledge is like a gambling. For me, the best way to enrich your knowledge is you have to experience the trading by yourself. You can start trading with very small capital to practice and learn about the market movement. Also patience is important like the op mentioned and anticipated the news on the altcoin you are trading.
You should receive some education in order to start trading. There are risks in investing. You have to be careful about dealings.
Trading certainly requires knowledge. First of all, you should receive some education in order to start trading. Can not blindly invest, investment needs to learn a lot.
Yes patience is needed on trading and its really hard to control emotions while trading.. at first i was really stress when trading i cant decide if i will still hold or sell even on small profit too many what ifs on my my mind, but now i overcome this when i read others opinion ang strategy.. Im glad i can make more profit now on trading than loss..
Trading of course requires knowledge. The premise of trading is that you need to learn in advance, understand and observe, and when you have some experience, you can try some simple transactions.
Doing the trade without having a prior knowledge is not a good thing to do and that you must be very much careful all the time and do not jump into the world of trading until and unless you are not having enough of the knowledge and that you can only make some good strategy only when you are having some good plan in your mind. Other than this, you must keep on looking at things in a positive manner. 
Knowledge is the key to success so being successful trader educate yourself and learn the factors which affect the market. Psychology have also key role in the trading learn to how control the emotions and how to show patience it will take you up ans help to reach goals.
Trading without knowledge like if you are going for hunting without hunting tools.Knowledge is must so educate your before involving in trading it will allow to take right decisions and avoid the panic.
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 like a battlefield where in we are going to fight with our emotions. It is a roller coaster ride so we must bear in mind that no value is constant here and it is always changing so we must always be emotionally ready. Patience is what we must always have to be a great earner.
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 like a battlefield where in we are going to fight with our emotions. It is a roller coaster ride so we must bear in mind that no value is constant here and it is always changing so we must always be emotionally ready. Patience is what we must always have to be a great earner.
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 think it would be very dangerous if you do not have the knowledge, if you deal with it, it will be easy for you to fail and participate in gambling. If it is gambling, the risk of trading is very large, you do not know how accurate time can buy and sell or profit can be achieved. You do not have a specific plan to be able to trade successfully. 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 don't think trading without having any knowledge of trading is possible. As it is important that one should acquire at least the basic fundamentals regarding trading. Trading without knowledge, is simply like gambling.
There are some people did it btw. They do trading without a good knowledge regarding the coins pair they trade. They rely on their feeling and it for sure won't give them a steady profit at the long term.
I don't think trading without having any knowledge of trading is possible. As it is important that one should acquire at least the basic fundamentals regarding trading. Trading without knowledge, is simply like gambling.
Trading of course requires knowledge. The premise of trading is that you need to learn in advance, understand and observe, and when you have some experience, you can try some simple transactions.
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.
The cryptocurrency market is very unpredictable, it fluctuates very fast. If we trade without knowledge there will be no profit, even the loss of money. So if you want to trade safely and profitable, it is best to study the practical experience and knowledge of trade. We should join this forum to learn the crypto market trend, as well as get useful tips from experienced people.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 dangerous for your finances, just think of this, it is like letting a plumber do surgeries on you, when you are in the hospital, as if you are destroying something that keeps you going. Before you trade you need to gain knowledge first, then the experience will follow, it is far different from the saying that experience is the best teacher, in trading you need to survive first in order to experience along the way, if you also do not invest in your knowledge, it might cost you alot of money, since there is a high chance that you will loose rather than earning, it is not a 50/50% chance, sincethere are alot of coins to choose and you will need to consider the trading pairs and the market is volatile for both.
Yes that is right to say that trading without knowledge is too much risky and there chances that very soon you will lose all your invested amount of money, So it is too much important that if you want to start trading first you need to get some relevant knowledge about trading and after that you should take the step. In fact gaining experience is also too much important in trading, without having good experience i do not think that we can get good profit from trading. 
Some people have brave heart investing in trading without are very risky it be have a little possibly to earn profits more on loses if not skills didn't knows what their doing, But some other are successful even if nothing knowledge about how to trade i think its called luck guys.
Trading without knowledge same as a boat or ship without rudder. A successful trading system completely depends upon good knowledge and skills. So be successful traders must be educated.
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.
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.
Also you can study actions of someone who has experience. Training and consistency - that's the key to success. https://t.me/bitlevels
Trading without knowledge is dangerous for your finances, just think of this, it is like letting a plumber do surgeries on you, when you are in the hospital, as if you are destroying something that keeps you going. Before you trade you need to gain knowledge first, then the experience will follow, it is far different from the saying that experience is the best teacher, in trading you need to survive first in order to experience along the way, if you also do not invest in your knowledge, it might cost you alot of money, since there is a high chance that you will loose rather than earning, it is not a 50/50% chance, sincethere are alot of coins to choose and you will need to consider the trading pairs and the market is volatile for both.
It’s much more clear that most of us both can’t get benefit in any work without knowledge. Even knowledge plays an important role in trading and also many other works. I’ve heard many others can get benefit in trading but i think it’s completely groundless, maybe they can take part in this market foremost then I start to research and learn about this field. Let think about someone who don’t have knowledge in trading, definitely they don’t know how to do with it, excepted for trading and getting without money. Also, you have to build skill and experience too, that you can do trading. On a whole, we can’t do trading without knowledge, let have plane to understand about the market before you taking part in this market with investing, trading and the like.
Trading without knowledge is still possible but dont expect to earn as much as possible because it is already given that you dont have a proper knowledge on trading but it is never too late to educate your self in regards to trading becauase nowadays there were too many educational and informative post and strategies that you can find and read on this forum bitcointalk.org and most of them can be found at trading discussions board.
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