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Topic: Which rookie candidate will make a better trader and quickly too? - page 2. (Read 339 times)

sr. member
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I had this conversation with a friend about which rookie candidate will make a better trader and much quickly;

- Is it the candidate that learns trading from someone directly, that is - pay someone to teach them?

- Or the candidate that invest time into online resources to teach themselves?


Before you share your opinions, i'd like to share mine first;
I feel a better candidate will be the one who pays someone to teach them directly trading and the technical know-how, my reason being that, a direct teacher shares more than knowledge to you but their experience over the years as well unlike learning yourself which you may have to make your own mistakes, sometimes may be very costly.

What is your candid opinion on this subject?
I personally invested my time on online resources to learn trading, option 2, though I have not gotten to a level of being an expert yet, however I garnered experience in the art of trading having spent plenty of charting hours to study, analyze and learn candlestick patterns, I don't think any paid service can render such a service, I learnt trading by live trading to test my strategy and emotions and possibly correct any mistakes that arise from a loss trade, so far the experience had been very valuable and encouraging and getting prepared towards adding more funds into my trading account.
legendary
Activity: 2576
Merit: 1785
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Of course the one that will have better trade and can gain quickly in trading are those traders that paying someone for guidance and knowledge , because there's always a correction once there's a mistakes on their speculation, unlike those traders that doing the job on their own which is no one will correct them.
Taking offline classes or learning from other people who are already professionals in trading are good choices. Of course such learning will be guided directly and will get some learning when there are some that must be justified and understood.

But even so, learning online independently will also be beneficial for long-term learning, because if we only rely on tutors or materials from other people we as people who want to learn trading will never grow.

Master the knowledge of the person who teaches us and then develop it by doing independent research, it will be better.

But the most important thing is how good and mentally strong we are in dealing with real trading, it will determine whether we are able to become a trader or not.
full member
Activity: 1092
Merit: 227
It depends on few factors though. For example, if I’m to learn trading techniques then I would love to keep learning online even though they have taught me in offline class. I mean whenever they teach us something in post grad program I would still go online, learn even more in depth science behind it and gain more with examples. Like many people have ability to learn quickly from tutor but many of them still need self study. It’s that kinda stuff where few Love to have visual learning’s while others would just listen and grasp. For me it’s both ways. I will never understand things firmly in the first instance itself.
legendary
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I had this conversation with a friend about which rookie candidate will make a better trader and much quickly;

- Is it the candidate that learns trading from someone directly, that is - pay someone to teach them?

- Or the candidate that invest time into online resources to teach themselves?


What is your candid opinion on this subject?
Both ways will probably be the best, because it all depends on the comfort of the newbie learning about trading and the newbie's ability to use the money to increase the knowledge, there will be those who prefer to spend their money on trading than paying teachers so online source is the choice, and I am one who prefers to use the money to trade directly and increase knowledge through online resources.
sr. member
Activity: 1988
Merit: 283
Of course the one that will have better trade and can gain quickly in trading are those traders that paying someone for guidance and knowledge , because there's always a correction once there's a mistakes on their speculation, unlike those traders that doing the job on their own which is no one will correct them.
full member
Activity: 1303
Merit: 128
There’s no correct answer here because it will always depend on the market situation and depends on how those two trade in the market. No all those who trained to be a good trader able to make money at first, because the situation in real market is totally different and those who teach themselves might have a limited knowledge about the market, they still need real practice before they can have a good trades. The moment you spend time learning how to trade is already a good move, the next thing to do is to focus on your own strategy.
member
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personally all of that will back to ourself , did we could absorb tranfer knowledge well from any source even directly teach by expert or not. every one will have different progress in their learning , maybe due some reason beginer traders whose have big patience and good emotion controll could grow up better.our sacrifice in learning will show the progress, its not instant and never thinking if teached by expert could have easier way.
hero member
Activity: 2030
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I had this conversation with a friend about which rookie candidate will make a better trader and much quickly;

- Is it the candidate that learns trading from someone directly, that is - pay someone to teach them?

- Or the candidate that invest time into online resources to teach themselves?

Both have advantages and disadvantages of each, depending on how agile a person in absorbing the information obtained. However, the first point has the advantage that we don't have to guess at identifying information, because there are already guides and guides with good skills and experience in the field of trading. So we will focus on trading and the material that has been given. While teaching ourselves, apart from the difficulty of finding reference sources, we are also required to carry out trades with minimal understanding.

If we do have more capital, then choosing the first point will be much more effective.
sr. member
Activity: 2506
Merit: 368
The answer would definitely depends on someone's ability to cope up or master the technique or strategy in trading. Since a lot of factors that influence the results e.g. someone might be good at trading but not good at teaching or the client can't keep up with their teacher. And if it's someone who invest a lot of time learning through reading lots of books they might sucks at the actual trading although, trading for the first time won't give you more profit since you are in the training stage. So the result would actually varies with these different factors.
legendary
Activity: 2534
Merit: 1338
I had this conversation with a friend about which rookie candidate will make a better trader and much quickly;

- Is it the candidate that learns trading from someone directly, that is - pay someone to teach them?

- Or the candidate that invest time into online resources to teach themselves?


Before you share your opinions, i'd like to share mine first;
I feel a better candidate will be the one who pays someone to teach them directly trading and the technical know-how, my reason being that, a direct teacher shares more than knowledge to you but their experience over the years as well unlike learning yourself which you may have to make your own mistakes, sometimes may be very costly.

What is your candid opinion on this subject?
To me that does not make any difference, I think we have all seen during our years at school excellent students that could learn a great deal of knowledge with no help from their teachers as long as they got the books, while we have also witnessed bad students that will never learn a topic even if the best teacher was with them 24/7, at the end it depends on your own skill to understand the markets and your ability to deal with them at an emotional level, which is something the majority of the people cannot do.
sr. member
Activity: 2408
Merit: 357
- Is it the candidate that learns trading from someone directly, that is - pay someone to teach them?

- Or the candidate that invest time into online resources to teach themselves?

Both of them, considering the knowledge that they get on those resources if they can adopt everything in just a short period of time then I see them to become a profitable trader.

We can't compare this two, we all have different timeline and there's no competition in trading so its better to focus on the learning process. Both are good ways to learn more about trading, I guess the one who will succeed here are the one who are more dedicated to master trading, this will depend on the traders behavior.
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
- Is it the candidate that learns trading from someone directly, that is - pay someone to teach them?

- Or the candidate that invest time into online resources to teach themselves?

Practice makes perfect.

Moreover, what is good for your teacher, might not be good for you. Because you have your own traits that decide how you response on the market. You are the one stays in front of the screen and open, close your positions.

Learning is key and essential for your beginning phase as well as anytime you can learn something new. But practice helps you understand what you learn better, improve yourself gradually.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
I had this conversation with a friend about which rookie candidate will make a better trader and much quickly;

- Is it the candidate that learns trading from someone directly, that is - pay someone to teach them?

- Or the candidate that invest time into online resources to teach themselves?


Before you share your opinions, i'd like to share mine first;
I feel a better candidate will be the one who pays someone to teach them directly trading and the technical know-how, my reason being that, a direct teacher shares more than knowledge to you but their experience over the years as well unlike learning yourself which you may have to make your own mistakes, sometimes may be very costly.

What is your candid opinion on this subject?

According to me, a better trader is the one who invests time and use various resources to gain knowledge and build wealth.
This is a long approach and consumes time but over the time the trader becomes well experienced and eventually becomes really good at trading.

On the other hand, if there's a teacher teaching you then you might start trading soon but again that depends completely on the teacher and his teaching methods.
If he is a good teacher then he might make you avoid all the mistakes that generally a beginner does.
But if the teacher is teaching just because it is his job and doesn't put much effort into you then you might end up not gaining any knowledge at all.

So I think the one who learns by himself will become better overall.
sr. member
Activity: 2436
Merit: 272
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IMO, not both of them because I feel trading can't be taught it has to come from the experience so one who spend time on learning on their own can be the better trader but when you ask about the quickest it really depends on the learning and adaptability of the individual which varies highly from one person to another.
hero member
Activity: 2968
Merit: 913
I would say none of the above options,but both options can be helpful along the way.
The best way to learn is by practice and by trial/error.
That doesn't exclude the two options you mentioned,but it depends of the "teacher" and the quality of the tutorials.If the mentor is really good,that would be a great supplement for the rookie traders,who are his students.
If the mentor is a fake "trading guru",then everything would be a waste of time and money.
The same thing applies to the online courses and tutorials.There are some good online tutorials and there are multiple shitty/mediocre online tutorials as well.
copper member
Activity: 2800
Merit: 1268
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For me as someone who has tried different workshops on trading online and in actual, It’s the better too be someone because there would be a curriculum in which you could easily absorb the materials and the knowledge that would be given by the teacher.

It would be faster because there would be someone who you could ask on the questions that you have. In that way you could easily apply what you have learned.
hero member
Activity: 1694
Merit: 516
It depends on how good the teacher is in my opinion. Nothing wrong with paying someone to teach us his skills. The only problem might be that he is a very good trader, but very bad teaching others. There are people who make the right decisions on his brain very fast, but struggle to explain how they reached that conclusion. If the teacher has a good track record of teaching beginners the arts of trading, I would probably go with him than teach myself. Teaching ourselves might be free but will involve a lot of more time. It is up to us to distinguish between bad trading ideas/strategies and good ones. It also depends a bit on the individual, there are some people who enjoy listening to others and learn faster that way. Than there are others who maybe have a different learning speed and enjoy more reading things at their own past. Both ways can make good traders.
legendary
Activity: 3808
Merit: 1723
The issue with getting training from someone directly is whether or not that individual actually trades profitability or not. Most of these trading gurus are great teachers but they are horrible traders. So who knows if you would be better off just learning on your own.

I think most of these courses are good for extreme beginners however when you make it to the intermediate stage you are better off trading on your own and finding what works for you best.

Long time ago I learnt that when it comes to trading you can’t teach experience. You need to learn it the hard way on your own.
sr. member
Activity: 2310
Merit: 332
Learning from someone is better and faster to equip the newbie on the things needed and the speed of knowledge is not the same with that person that is just glued to the screen and trying to stumble in it. Yes after having the beginner's knowledge, that is having that start, you can then begin to practice those learnt skills and start teaching yourself again and by then it is clearer in your eyes
sr. member
Activity: 2142
Merit: 465
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Actually both, depends on the trader itself whether if he is really good or not but the "candidate that learns trading from someone directly" has the advantage since he doesn't need to look for learning materials and there is someone who will teach him and guide him. Unlike user who will look for learning materials and do self study the first candidate has more advantage but still depends on the trader since even if you pay and hire a personal teacher to teach you how to trade if you are not serious at all then you are not going to learn.
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