trading is related to several sciences that are not related to each other, for example:
- Psychology: To control emotions, fear, anxiety, greed and other psychological factors that control the market.
- Programming language: You don't need to know detailed but at least keep yourself informed.
- Economics: You will need some factors to analyze the market, reading charts, resistance and support points, Fibonacci analysis and moving averages.
- Track the news: News is a good source of price prediction.
Therefore, you may need someone to teach you the sciences above and then you will be ready to start trading.
The more you trade, the more experience you have, and therefore the better your financial performance.
Topic: Which rookie candidate will make a better trader and quickly too? - page 3. (Read 384 times)
April 02, 2022, 07:16:37 AM
April 02, 2022, 05:42:04 AM
It would still depend on what kind of information they're taking in and how well they take it in. If we do consider them taking it pretty normal, then the level of information would matter (like the levels of information given to them at an acceptable level that they learn each and every bit properly). Honestly, I'll take the one with the learning from someone thing since if they know how to teach and know their stuff with how to trade, it's time well spent for whoever is their student. Learning level by level is a lot better than slamming it all at once after all.
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April 02, 2022, 05:10:42 AM
The candidate who is discipline, willing to learn and dedicated to succeed in trading will, it doesn't matter where the source of the knowledge is coming from. There are different factor that can affect candidate from your both options. The candidate that the teacher has to be physically present could have some disadvantages like not been able to learn if the teacher isn't there, but the candidate learning from online sources has advantage to resources that can fastern his learning process, putting into consideration both parties have access to the best in their respective options.
Now let assume both parties have the same zeal and access to the best teachers in their respective options, I'll say since the best information can be found online this days, the candidate with the online resources should be favorite to learn quickly and become a better trader. Since he'll be learning from different professional instead of just learning from one angle with a physical coach.
Now let assume both parties have the same zeal and access to the best teachers in their respective options, I'll say since the best information can be found online this days, the candidate with the online resources should be favorite to learn quickly and become a better trader. Since he'll be learning from different professional instead of just learning from one angle with a physical coach.
April 02, 2022, 04:35:42 AM
Who will be the one teaching, and how competitive is he/she actually is with trading?
Which specific set of online resources will the person focus on?
You can't really answer this with one or the other.
Which specific set of online resources will the person focus on?
You can't really answer this with one or the other.
April 02, 2022, 03:41:15 AM
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?
- 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 will choose the first one that pay for a teacher to teach him if the teacher portfolio and experience is proven successful because the newbie might be in the bad spot in case the teacher style is not suitable to the person he is teaching. DYOR on trading is a must to not rely to anyone and to verify others teachings if it has a point or not. I will prefer the combination of both option because on my own principle, I don't blindly believe to anyone that teach me especially in trading that involves money unless I have basic knowledge on what he is teaching or there's study material to confirm it.
April 02, 2022, 03:36:07 AM
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?
- 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?
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