Bitcoin Forum

Economy => Trading Discussion => Topic started by: Stablexcoin on March 17, 2024, 11:47:02 PM



Title: Stop paying money to learn trading when you can learn it yourself
Post by: Stablexcoin on March 17, 2024, 11:47:02 PM
I know knowledge is not free anymore. We humans have monetized knowledge that if someone without the knowledge wants to learn he has to pay handsomely for it. Many persons are eager to learn how to trade and bad luck has fallen into the hands of liars and tricksters who take money promising to teach these people online. We don't need to pay anybody to learn how to trade, we can do that for free. After all the only thing they would teach online about trading is the theory aspect and then the section is over. There are various resources on the internet especially YouTube that you can start learning from there until you are familiar with trading.

Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.

Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: sheenshane on March 18, 2024, 12:00:04 AM
Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.
I tend to agree with this, it takes years before you consider be a good trader, I wouldn't say professional because as I see, there's no professional in trading.  But it depends on your dedication to learn in trading, like any skill, becoming proficient at trading requires time and dedication.  The more time you can commit to studying and practicing trading, the faster you're likely to progress.

Quote
Let me work you through this step I am using to be a professional trader
You can also add this.
  • Demo trading on exchange
  • Find a forum or a community like this


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: hd49728 on March 18, 2024, 02:00:15 AM
I know knowledge is not free anymore.

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
Learning is a first step to do before a person can start trading.

Learning about cryptocurrency market, its volatility, margin of changes in a single day, no limit like in stock market, no circuit break like stock market.
Learning about fund management, where to store it and what is safest.
Learning about CEX and DEX, differences between them, pros and cons.
Learning about different trading types: Spot, Margin, Futures.

Start with Demo trading, with Trading View to observe the market and test their knowledge first.

Start actual trading with small capital.

Awesome Crypto Trading (https://github.com/SpiralDevelopment/Awesome-Crypto-Trading)
Awesome Systematic Trading (https://github.com/wangzhe3224/awesome-systematic-trading)


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: mk4 on March 18, 2024, 02:06:21 AM
I'm totally fine with paying money for trying to learn things from an actual professional(generally), but trading is one of those industries where there are just lots of incapable "traders" that sell courses/1-on-1 sessions that it's pretty much impossible to recommend paying for them. And knowing that learning trading itself is really hard, I never recommend trading to anyone at all.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Btcdeybodi on March 18, 2024, 02:41:30 AM
Paying to learn trading is not bad but the most important thing is that trading involves too many risks and makes one unstable because your thoughts will always be on how the market is going and one can lose a huge amount of money while trading.

Learning trading through online trading platform is good but yet you still need someone who has lots of experience in trading to guide you on how the market works and how to use signals efficiently.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: adaseb on March 18, 2024, 04:11:46 AM
Trading signals will always in the end cost you money. They are generally profitable in the short term but never in the long term.

Right now anyone can make money as long as you buy. But eventually markets will shift and when it starts to become bearish, all those trading signal groups will go broke and shut down.

Just learn the basics on YouTube and the rest is all about experience.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Fuso.hp on March 18, 2024, 04:32:43 AM
If there is any such course online and if a member wants to learn trading by enrolling in such a course, I have no idea how much trading he can learn by enrolling in such a course.  In many online courses I have seen that even after completing the course many people do not know about the general aspects of trading. Since online trading education is not of much use to us, there is no need to waste money and take such education. A trader can buy two or three books for a very small amount of money to get an idea of these basic topics candlestick introduction or chart observation, and if he reads those books well, he will definitely learn more about trading than he could by taking an online class. So instead of spending unnecessary money and wasting time, you have to try yourself and apply as much effort as you can to get success.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: GreatArkansas on March 18, 2024, 06:36:06 AM
(...)

Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
Among the list, number 1 is the thing I can relate, to because before when I was introduced to trading, everything was just online, YouTube, social media, and some communities even here in the Bitcointalk forum.
But before any of this, we must first have the dedication to learn because if not, all will be wasted and we will have no focus to learn.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Alphakilo on March 18, 2024, 07:14:16 AM
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade

I will pick the third point and talk about it. With regards to finding a mentor. I'd say if anyone can pay for it please do. But when it comes to this, you have to find an accomplished executive trading coach who you will pay to learn. I tell you that your time with an accomplished executive trading coach will be worth every penny. In addition to an accomplished executive trading coach, you can add to it, a trading mastermind group which is actually a group of trading peers who meet to give each other trading advice and support. The become like your accountability partners. and making your learning journey to be easier and faster.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Oshosondy on March 18, 2024, 07:54:46 AM
Some people do not know they can learn it and know it is the reason they look for someone to teach them. While doing that, some will be scammed. I learn trading myself and it is not hard. The hard thing about trading is to be using it to make money and that is what those tutors are not teaching.

Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.
This is not wrong. Some people will think they can be a better trader but later realizing that it is easy to learn but difficult it is to make money. It takes years to become a good trader.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: slaman29 on March 18, 2024, 08:35:46 AM
I always say don't pay money to learn trading, but what I really mean is don't pay money if you think it'll make you more money.

True, you can learn everything on your own, well almost everything, but I actually don't mind paying for entrance into some of those learning channels.

Not talking about dumb signals or follow trades, that's a scam.

Talking about those like on Discord, you go in, watch some guy showing you how to build real charts in real time, as markets move etc. They're so good at teaching you advanced charting in minutes, rather than in hours reading a manual and figuring out what's goes where :)

Not saying to throw money away but money spent on education is never a waste IMO.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Lakai01 on March 18, 2024, 09:16:39 AM
Trading signals will always in the end cost you money. They are generally profitable in the short term but never in the long term.
That's not true, no. Trading signals are nothing more than a game of chance because, of course, nobody knows the market and future developments. You might as well listen to someone in the casino who predicts that red or black is coming next, he will be wrong in the foreseeable future. So if signals work in the short term, it's only because you were lucky.
However, professional providers of midterm or longterm signals have been around for a very long time, but they don't offer shortterm signals either.

However, professional (!) signals are very suitable for assessing future trend developments. However, these usually have a focus of 5 - 10 years and indicate which sectors and technologies could be profitable in the future.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: lovesmayfamilis on March 18, 2024, 09:50:46 AM
I’m not sure that your third piece of advice in our time will be considered volunteer work, but, that is, I won’t find a single person, especially on the Internet, who is willing to spend time on me for free to teach me what you think is a successful strategy. This is a utopia. The days of free promotions are long gone. Today on YouTube, people create videos only to promote their channel, which means you won’t find any secrets there either.
But I agree that with careful and patient training, you can comprehend the science of trading, but you must have a good nervous system and an analytical mind to draw conclusions from your mistakes and build your strategies.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Issa56 on March 18, 2024, 02:47:14 PM
I know knowledge is not free anymore. We humans have monetized knowledge that if someone without the knowledge wants to learn he has to pay handsomely for it. Many persons are eager to learn how to trade and bad luck has fallen into the hands of liars and tricksters who take money promising to teach these people online.
If you want to learn how to trade, and you are asked to pay before they will teach you, then I don’t see anything bad about that, but make sure the person teaching you is a real person, don’t just meet random people which will claim to be professional traders and you will just trust them and give them money. Most people claiming to be a professional traders are liars, but there are still few people that really knows about trading which if you pay them, they are going to teach you.

We don't need to pay anybody to learn how to trade, we can do that for free. After all the only thing they would teach online about trading is the theory aspect and then the section is over.
We are all different and some people find it difficult to learn things online, they assimilate things better whenever they are being taught physically, so if you are like that, then just get someone that can teach you, even if you will have to pay for it, but don’t pay a scammer.

1. Learning on YouTube and other PDF resources online
You might not get everything you need on YouTube, what I believe you can learn on YouTube are just the basics of trading( like how to buy and sell) most of the videos posted on YouTube are just posted because they needed money from YouTube, they just need views, subscribers and like. Most of those videos are not created by professional traders, that’s why  I don’t really recommend people to learn how to trade on YouTube alone.

3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
Yeah I agree with you, get a mentor, but I do prefer getting a mentor physical, you should be able to learn better and have some experience, but if you can only get online, then it’s also not a bad idea, but even after getting a mentor, make sure you always keep on practicing, if you don’t practice, then you are just wasting your time, the more you keep on practicing, they more you keep on learning.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Hyphen(-) on March 18, 2024, 03:39:38 PM
Many people are willing to pay money to learn independently because they believe they don't have the time to follow the proper learning process. Instead, they often pay money to learn how to use copy trading and receive a small hint that can be used to make quick money from trading; if they don't succeed at first, they will eventually start blaming their tutor for causing them to lose money.

Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
These steps are the right steps to get good knowledge about anything including trading, if you can follow due process and learn carefully, you can also become tutor after learning and you will undoubtedly become a professional trader that did not depend on any other person to give you analysis or any strategy.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Dzwaafu11 on March 18, 2024, 04:21:10 PM
We don't need to pay anybody to learn how to trade, we can do that for free. After all the only thing they would teach online about trading is the theory aspect and then the section is over. There are various resources on the internet especially YouTube that you can start learning from there until you are familiar with trading.

If someone asks you to pay for what you need and you realize that you know nothing about this but that the person who asks for the payment has specialized in doing such things, you are not going to pay. I think you should pay. So what I'm trying to say is that if someone asks you to pay, he will teach you trading. This is not bad, as long as the person is a professional trader. There is nothing wrong if you pay and learn trading. But don't just meet someone randomly, claim to be a trader, and pay him money. Make sure the person you are giving your money to is a real trader. And that fact that you earlier said that knowledge is not free—I don't know why you came back and said it is not good to pay if you want to learn trading.

Quote
Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.

Seriously, trading is not easy for someone to be seen as a professional trader. It will take some time, but to me, 3–4 years is a long period of time. I think this is too much. As long as someone really wants to learn and become professional, I think even 3 years is enough.
Quote
1. Learning on YouTube and other PDF resources online

YouTube videos will not help. In fact, some videos on YouTube are just predictions. Videos that some traders posted and they didn't use the strategy; some traders hide their method of trading and show something different; furthermore, not everybody understands something online. In my opinion, the best way to learn trading is through the practical aspect. Let the person teaching you trading sit with you so that anything you don't understand, you will ask him immediately.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Faisal2202 on March 18, 2024, 04:29:56 PM
Let me work you through this step I am using to be a professional trader
-cut-
I can't agree more with you, because I have experienced it. I don't want to be a trader at that time but want to become a content writer. So I learned the skill online, for like reading different study cases, live and recorded videos, and many other sources as well. But in the end, I was in doubt due to failure in getting clients so I thought I should follow a mentor and eventually get confirmation on what I was doing wrong. So I followed a girl, asked her some questions, and when I said I had doubts about my writing can you confirm if I was making any mistakes?

She bluntly said you should follow my teacher and should take her course. Well, I thought now I should spend some money and learn some skills. So, I spent the money and took the 1-month course BTW it was worth joining. I got confirmation, and learned new skills as well. The point is, sometimes buying courses is necessary but in terms of trading they are not, because you eventually know what you are doing wrong in trading but following a mentor is necessary step.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: AYOBA on March 18, 2024, 05:14:20 PM
I know knowledge is not free anymore. We humans have monetized knowledge that if someone without the knowledge wants to learn he has to pay handsomely for it. Many persons are eager to learn how to trade and bad luck has fallen into the hands of liars and tricksters who take money promising to teach these people online. We don't need to pay anybody to learn how to trade, we can do that for free. After all the only thing they would teach online about trading is the theory aspect and then the section is over. There are various resources on the internet especially YouTube that you can start learning from there until you are familiar with trading.
Yeah, you stated the truth, knowledge is not free anymore, you have to stand well and work in to it before getting the knowledge, and some people's are relaying knowledge in one place, which is knowledge that will come to their side, which is possible. That was before, not now that everything in this life is available, you most work hard before getting it. That is how knowledge is. So trading is not something that a person can just start with a little knowledge. Anyone who really wants to become successful in trading most actually engage himself in enough knowledge so that they can know how to afford the risks that are involved. Although that some people pay enough money because of knowledge, I don't blame them, since without a knowledge whatever you come to do, you will end up losing. That's people's fight for knowledge.
Quote

Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
You did a good job of outlining the proper location for knowledge that has been obtained; they are the keys to knowledge acquisition as well as a beginning to start. Online learning is the most effective technique to acquire knowledge because it provides a person with both theoretical and practical experience in trading. Doing independent study on trading and gaining more experience are also great goals, and if someone is interested in trading can accomplish them, it will help them advance to the professional level.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Nrcewker on March 18, 2024, 05:29:13 PM
To be honest, until and unless you pay for something, you then only get serious for it. No one cares about the free materials that is available to us. As it is free, hence people consider it as worthless, and run for the paid ones. So yes we ourselves need to understand, what’s better and what’s not. I completely agree with OP that everything is available in the YouTube and internet for free and a newbie can easily learn from it. But the human laziness plays as an obstruction towards this. Trading can be learned easily, just need proper determination.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: SOKO-DEKE on March 18, 2024, 05:54:14 PM
When weighing the benefits of mentoring or trading classes, it's critical to remember that while certain ideas are easily understood on one's own, receiving professional assistance can greatly improve comprehension. If you think you can learn everything on your own, it could make sense to forgo paying for trade lessons or looking for mentorship. Nonetheless, learning can be accelerated and comprehension can be guaranteed with the availability of clear explanations and direction.

In my opinion, if physical trading classes provided high-quality teaching, I would be prepared to pay for them. Having an experienced person at your side can help you learn more quickly, which could ultimately save you time. Consequently, even while self learning is feasible, having a knowledgeable mentor or instructor can significantly improve one's comprehension and skill level in trading, making the investment worthwhile.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: batang_bitcoin on March 18, 2024, 06:11:21 PM
Get ready to burn some money if you are on your way to becoming a professional trader. While looking for a mentor is like a shortcut because they'd tell you how they got in and out from the worst trades that they have ever been for you to avoid it. That's why you're paying them, for their experiences and that's very valuable on this market because with its high volatility, they can give you some idea on what you must do if you ever encounter a trade that you're having hard time to get out of it and not to keep on having bad trades and losses.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: electronicash on March 18, 2024, 07:07:17 PM

there are many tutorials online and even on youtube where a person who wants to be a self-taught trader can learn well without having to pay.
when a person is left with few options to make money, he will focus on learning what he wants to learn and will read what is necessary. what I can suggest is just do it first on the spot market. this is very easy to do and even today many people prefer to do it on spot market only.

futures can be exhausting and will liquidate your funds easy. the way to make it in the futures market is to first profit in the spot market.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: tvplus006 on March 18, 2024, 10:46:12 PM
We humans have monetized knowledge that if someone without the knowledge wants to learn he has to pay handsomely for it. Many persons are eager to learn how to trade and bad luck has fallen into the hands of liars and tricksters who take money promising to teach these people online...

The problem is that it is very difficult to find a good teacher via the Internet. As a rule, we see such teachers who themselves are not very well versed in what they want to teach others. But if you could really find a teacher who would teach you how to trade, then the money you spent would definitely come back to you with even more profit.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Finestream on March 18, 2024, 11:59:32 PM
I'm totally fine with paying money for trying to learn things from an actual professional(generally), but trading is one of those industries where there are just lots of incapable "traders" that sell courses/1-on-1 sessions that it's pretty much impossible to recommend paying for them. And knowing that learning trading itself is really hard, I never recommend trading to anyone at all.
I have to agree with you. Paying money is never a problem as long as you get quality learning from a real professional trader, and not those who are only self-proclaimed successful traders whose in reality they’re not actually experts in trading. If you know a person close to you who has been trading for a long time, then that would be much better since you know in yourself that you will never be scammed and your money will never go into waste.

However, experience is still the best teacher. Consistency and patience should be a must for a trader, that way he will continue to develop his expertise in trading with the help of a professional trader, and with his own positive mindset on the future of his trades.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: bayu7adi on March 19, 2024, 02:00:57 AM
YouTube really discusses a lot of things related to trading and cryptocurrency. But sometimes.... as long as it is content, the responsibility of the content creator is only to entertain and look for viewers, even some important knowledge that is most sought after by everyone, is deliberately hidden for "kitchen secrets" reasons.

Yes... whether we want it or not, we still need mentors as you mentioned in point number three below...

3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade

Unfortunately, mentors today require a familiar approach, if one does not have a friend connected to a mentor, one is forced to pay a mentor to have one. The role of a teacher or mentor really speeds up a trader's learning process, that is perhaps the most important thing for learning... and in fact, it is very difficult to find a free mentor with whom you can have a two-way discussion.

This means that we have to spend money to learn trading itself, besides that we also have to have several years of experience as you mentioned.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: MFahad on March 19, 2024, 02:52:32 AM
Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.

Though the more time you give it, the more you will learn and grow, however, I believe 3 to 4 years is a very long time even though I agree that 2 months is too short to become a full-fledged trader. It depends on the learning and grasping abilities of a person and how much time he would need to learn a certain thing. Some might learn everything within a few months, and some might make it in a couple of years.

3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade

I thought you were telling everyone to learn for free, where can one get a free mentor? I don't think anyone would be ready to spend their time mentoring and guiding you for nothing nowadays.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Odohu on March 19, 2024, 07:18:36 AM
This might seem so true on the surface considering that Youtube is awash with various videos of all the possible trading technique anyone can ask for. The free materials are enough to equip anyone with the necessary skills that can make him a good trader but the challenge with the free materials are numerous. First, it is difficult to put together into a well defined learning process with a target. Secondly, there is very low level of commitment on free materials unlike materials that were paid for. Just imagine how people treasures what cost them money, that is exactly what happens with paid materials or mentorship. So while free materials are good to learn about trading, paid materials are more taken seriously and be extension, produces better results.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: WatChe on March 19, 2024, 07:30:32 AM
Get ready to burn some money if you are on your way to becoming a professional trader. While looking for a mentor is like a shortcut because they'd tell you how they got in and out from the worst trades that they have ever been for you to avoid it. That's why you're paying them, for their experiences and that's very valuable on this market because with its high volatility, they can give you some idea on what you must do if you ever encounter a trade that you're having hard time to get out of it and not to keep on having bad trades and losses.

The real experience comes when you come up with real money in crypto. Techniques like paper trading are good ways to learn trading but they don't give you real time experience. It's like learning how to swim from book versus actually swimming in water. One key mistake new comers make is that they follow different crypto signalling groups with intent of becoming rich over night. There are not many who became rich by following signalling group but majority of signalling group owners became super rich. It's best to use your own mind to train it for trading in future.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Assface16678 on March 19, 2024, 08:05:49 AM
1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
Isn't number 3 a way of paying someone or something just to learn how to trade? I think even you know someone who is experienced will not let them teach you for free, because mentoring is something that involves teaching you how to trade and showing their different techniques and knowledge in trade, and for them to build that or gain that, they allocated time, effort, and money, so it is not right for them to teach you for free and it is the right thing. 

Even though there is an internet where you could learn all things just by searching, it is not guaranteed that you will succeed in trading or even make a profitable trade. Time will tell how you will do in trading, and not all will learn to trade in the same way; we all have different ways of making things. I'm sure there are traders that really learn to trade on their own and some need help from other traders, but of course the most practical way is to don't waste money by paying those scam groups or wannabe mentors online.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Silberman on March 19, 2024, 08:58:42 AM
I know knowledge is not free anymore. We humans have monetized knowledge that if someone without the knowledge wants to learn he has to pay handsomely for it. Many persons are eager to learn how to trade and bad luck has fallen into the hands of liars and tricksters who take money promising to teach these people online. We don't need to pay anybody to learn how to trade, we can do that for free. After all the only thing they would teach online about trading is the theory aspect and then the section is over. There are various resources on the internet especially YouTube that you can start learning from there until you are familiar with trading.

Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.

Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
Spending money to learn is not necessarily wrong, the issue is to spend thousands of dollars on a course that lasts just one weekend and from which you will not learn much, especially when you can just spend a fraction of that money on a few books and learn way more from them than what you could learn from 10 different courses, after all trading books published by actual traders are not that expensive to begin with, so if you just bought some, you could easily spend months or even years digesting them, while at the same time you do not have to be a in hurry to learn and instead do so at your own rhythm.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Kelward on March 19, 2024, 09:04:58 AM
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade

I will pick the third point and talk about it. With regards to finding a mentor. I'd say if anyone can pay for it please do. But when it comes to this, you have to find an accomplished executive trading coach who you will pay to learn. I tell you that your time with an accomplished executive trading coach will be worth every penny. In addition to an accomplished executive trading coach, you can add to it, a trading mastermind group which is actually a group of trading peers who meet to give each other trading advice and support. The become like your accountability partners. and making your learning journey to be easier and faster.

I don't have a problem about paying for something that is worth the amount, if I see an accomplished trader who has experience and can mentor me for a fee, if I can afford it, I'll personally don't look at the money that I'd have to pay, instead I'll focus on the value that I'll get for being mentored. Although a newbie trader needs to research and find genuine professionals who have years of experience that can impact them with the correct knowledge of crypto trading, if it requires payment, then pay and get the correct knowledge. The problem is that we have scam coaches who will collect your money and make you think that crypto trading is a get rich quick scheme, this is why you must try to find out the reputation of tutors. But if you can learn for free, then it saves you money.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: boyptc on March 19, 2024, 09:46:17 AM
YouTube really discusses a lot of things related to trading and cryptocurrency. But sometimes.... as long as it is content, the responsibility of the content creator is only to entertain and look for viewers, even some important knowledge that is most sought after by everyone, is deliberately hidden for "kitchen secrets" reasons.
Yeah, a lot of free contents in YouTube nowadays that tackles about trading. You can start with all of that stuff and learn your techniques but you have to apply your own trades to yourself with your own money.

You'll get to see those content creators that have real intentions of helping their community and people to upskill in trading and there are goes that keeps talking about money milking from their viewers.

With the latter, if you have noticed that to the content creator you follow then stop wasting your time on them.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Wexnident on March 19, 2024, 11:23:00 AM
~
I'd honestly want to pay someone to guide me to teach the fundamentals really since it can be rather daunting (and confusing) to enter something you were completely new with. Just the general gist of things I guess? Outside of that, I wouldn't really pay a dime. It just speeds things up imo and you can generally avoid dumb mistakes due to being in an unfamiliar environment. After that it's just a rinse and repeat of looking for sources of info and losing/profiting money from trading.

It also helps if said guide was an "actual" professional. Hard to say most of the time with how the internet is though, so I get the idea of learning everything on your own. It's what I also did at the start after all, hence why I'd much rather learn from someone since I do not want to go through that again lol.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: milewilda on March 19, 2024, 01:00:35 PM


1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
5. Practice or simply experience make learnings
6. Minimize risks as much as possible
7. Be versatile
8. Dont be impulsive or chasing up making profits.


Its true that you wont really be able to make yourself that able to learn if you are really just that too lazy on learning things.
Its not bad to see others analysis but paying up some money for you to be able to learn? You could actually get it for free.
Internet is your friend and it is really just that a matter of action which you would really be needing to do.
You cant really make yourself that be a good trader in a short period of time.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: shawonngp on March 19, 2024, 01:47:46 PM
YouTube really discusses a lot of things related to trading and cryptocurrency. But sometimes.... as long as it is content, the responsibility of the content creator is only to entertain and look for viewers, even some important knowledge that is most sought after by everyone, is deliberately hidden for "kitchen secrets" reasons.
Yeah, a lot of free contents in YouTube nowadays that tackles about trading. You can start with all of that stuff and learn your techniques but you have to apply your own trades to yourself with your own money.

You'll get to see those content creators that have real intentions of helping their community and people to upskill in trading and there are goes that keeps talking about money milking from their viewers.

With the latter, if you have noticed that to the content creator you follow then stop wasting your time on them.
YouTube helping me directly or indirectly in the trading, because i am following some YouTuber's those are very experienced in this filed, and they really trying to share their strategies and other technical knowledge, but a lot of creators are making crypto trading related videos just to earn money, so we have to out find real traders on the internet.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: RockBell on March 19, 2024, 01:58:28 PM
Get ready to burn some money if you are on your way to becoming a professional trader. While looking for a mentor is like a shortcut because they'd tell you how they got in and out from the worst trades that they have ever been for you to avoid it. That's why you're paying them, for their experiences and that's very valuable on this market because with its high volatility, they can give you some idea on what you must do if you ever encounter a trade that you're having hard time to get out of it and not to keep on having bad trades and losses.
Definitely if you want to do anything trading money will be involved and there is no guarantee that you won't lose money and I do not think a mentor should be a shortcut there are people that don't learn on there own they learn faster when they are thought. Everyone will do what will favour them. In that case if getting a mentor will get you to your goal and then you can give it try. And everyone do tell stories of how there journey as been. So something almost every one talks about. I have seen some people even go ahead to register to learn trading so you won't blame anyone for there actions we all are just trying to make a living. And all this you are explaining might have happened to some people there are also people that have made good money starting from mentorship. If they have decide to get mentored the we should encourage them we don't know if  that will be there breakthrough.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: EarnOnVictor on March 19, 2024, 01:59:35 PM
Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
That's the spirit, I learned how to trade myself without paying a cent to anyone and I've ever encouraged people to do so. But whether we like it or not, it's not everybody that can yield to this advice. First, some people do not have the Will to do it and when they want to force themselves to do it, they may not have that Zeal.

Also, some people do not have much time to surf the internet and search for various resourceful books and articles about trading. This could be due to their work and other engagements that cause a tight schedule. It might be fine if they go straight to the point, and having the right person to point them in that direction is always their option and could be the best decision, and it is fast at the same time. Above all, if one can afford the external teaching, why not, but the teaching must be such that is worth it. That's my only concern here.

About your points above;

1. This is good but I prefer the PDF and other written articles. Nevertheless, it is always good that the ones needing practicals are decisively practised by the learner.

2. I don't buy the idea of the conferences, or do you mean to say trading seminar? If that is it, then it is good. Webinar is also very good as I've learned one or two through both.

3. Do you think the mentor will reveal much without you paying? I don't think so.

4. This is the most important part. You do not just learn from people, you practice what you learn and that's what inculcates experience in us. And through this, you may even modify/advance on them to know better than those who taught you if you are smart.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Lanatsa on March 19, 2024, 02:05:33 PM
Get ready to burn some money if you are on your way to becoming a professional trader. While looking for a mentor is like a shortcut because they'd tell you how they got in and out from the worst trades that they have ever been for you to avoid it. That's why you're paying them, for their experiences and that's very valuable on this market because with its high volatility, they can give you some idea on what you must do if you ever encounter a trade that you're having hard time to get out of it and not to keep on having bad trades and losses.
Definitely if you want to do anything trading money will be involved and there is no guarantee that you won't lose money and I do not think a mentor should be a shortcut there are people that don't learn on there own they learn faster when they are thought. Everyone will do what will favour them. In that case if getting a mentor will get you to your goal and then you can give it try. And everyone do tell stories of how there journey as been. So something almost every one talks about. I have seen some people even go ahead to register to learn trading so you won't blame anyone for there actions we all are just trying to make a living. And all this you are explaining might have happened to some people there are also people that have made good money starting from mentorship. If they have decide to get mentored the we should encourage them we don't know if  that will be there breakthrough.
Having a mentor isnt bad but you should really be also doing your assignment and making up those things as long you could be able to make yourself learn. Dont haste up yourself on learning trading because this would really be causing up that errors and mistakes. Just like on what you have said that losing is inevitable no matter how good you are as a trader. This is why it would be better that you should anticipate those loses
and dont expect much on being profitable specially when you are still that starting up because you would really be prone into lots of mistakes and errors on which it would be causing out that great disappointment and possible anger that you could really be able to feel.

Mixed emotions are normal because we dont really like on losing money on which its a common approach but as the time that you are already making some
engagement and you do earn those experience then you would really be definitely be able to learn up something naturally.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Barikui1 on March 19, 2024, 02:11:56 PM
I know knowledge is not free anymore. We humans have monetized knowledge that if someone without the knowledge wants to learn he has to pay handsomely for it. Many persons are eager to learn how to trade and bad luck has fallen into the hands of liars and tricksters who take money promising to teach these people online. We don't need to pay anybody to learn how to trade, we can do that for free. After all the only thing they would teach online about trading is the theory aspect and then the section is over. There are various resources on the internet especially YouTube that you can start learning from there until you are familiar with trading.

Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.

Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency


Are you f**king serious, you don't have to be thought before you masters the craft?  This is the exact reason why most traders always lose their hard earned money, because they just watch one two or three videos on YouTube and believed that they are good to go, not until they have been liquidated more than once, that's when they will start saying that trading is a scam.

If an not mistaken, you said that most of this guy's don't know anything about trading, that they just want to eat your money, by showing you only the theories, but I can tell you that you have not met the right person that knows the craft, if you have been ever thought by someone that knows the craft, you will know that you were just deceiving yourself since thinking you can learn it on your own, truly thinking you can learn it on your own  is the major reason people lose money in trading.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Bonny070 on March 19, 2024, 02:32:53 PM
i agree with you that someone can learn how to trade from the internet, yes it's true there are many videos on YouTube you can from.do you that when you pay to learn is good if you have the money, in every field you found your self they are professional in that field.if i learnt from the internet for someone to become professional in it,is when that very particular thing you are doing becomes part of you.and remember they secrete in every thing. if you have a mentor and he knows he job it's more good than the YouTube. to be professional it. you need such much knowledge of that trading.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Sorryfor on March 19, 2024, 05:24:18 PM
Nowadays online and an experienced mentor can be enough to learn trading. Nowadays we are living in the age of internet. Now we can learn a lot through many free resources. YouTube or other websites to learn trading will help you a lot And agree with you that you need to spend a lot of time to learn trading, maybe it's a few years. When you combine all these things and keep learning and being patient and working regularly, you can hopefully become a good trader from here on out. But in this case, people's laziness and not giving importance to free things is the biggest stupidity.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: boty on March 19, 2024, 07:17:16 PM
Nowadays online and an experienced mentor can be enough to learn trading. Nowadays we are living in the age of internet. Now we can learn a lot through many free resources. YouTube or other websites to learn trading will help you a lot And agree with you that you need to spend a lot of time to learn trading, maybe it's a few years. When you combine all these things and keep learning and being patient and working regularly, you can hopefully become a good trader from here on out. But in this case, people's laziness and not giving importance to free things is the biggest stupidity.
We can get trading knowledge anywhere and to be able to direct what we have found on the internet or in this forum, we need people who have a lot of experience in this field so we can ask what we don't understand after looking on the internet and we have to Have patience in going through the learning stage because if we are not patient in learning, of course we will easily give up and leave trading.
Those who are lazy to learn knowledge about trading will of course never be able to become a trader and if they continue to trade without having the knowledge of course this will cause them more losses.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: batang_bitcoin on March 19, 2024, 08:07:52 PM
Get ready to burn some money if you are on your way to becoming a professional trader. While looking for a mentor is like a shortcut because they'd tell you how they got in and out from the worst trades that they have ever been for you to avoid it. That's why you're paying them, for their experiences and that's very valuable on this market because with its high volatility, they can give you some idea on what you must do if you ever encounter a trade that you're having hard time to get out of it and not to keep on having bad trades and losses.

The real experience comes when you come up with real money in crypto. Techniques like paper trading are good ways to learn trading but they don't give you real time experience. It's like learning how to swim from book versus actually swimming in water. One key mistake new comers make is that they follow different crypto signalling groups with intent of becoming rich over night. There are not many who became rich by following signalling group but majority of signalling group owners became super rich. It's best to use your own mind to train it for trading in future.
There is this lesson that we can from the experience of others and that's what I am pointing out when someone hires a mentor. It's not only about the trading concept that they'd tell you but also the experience that they had before. So, that's helpful for those that are valuing experience and if a mentor is a real trader, he'd tell things about those experiences that can help the mentee so that many mistakes will be avoided and they're going to learn from it. Having a mentor is different from having a signal but I think many are confused about that.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: ShowOff on March 19, 2024, 08:59:30 PM
The real experience comes when you come up with real money in crypto. Techniques like paper trading are good ways to learn trading but they don't give you real time experience. It's like learning how to swim from book versus actually swimming in water. One key mistake new comers make is that they follow different crypto signalling groups with intent of becoming rich over night. There are not many who became rich by following signalling group but majority of signalling group owners became super rich. It's best to use your own mind to train it for trading in future.
There is this lesson that we can from the experience of others and that's what I am pointing out when someone hires a mentor. It's not only about the trading concept that they'd tell you but also the experience that they had before. So, that's helpful for those that are valuing experience and if a mentor is a real trader, he'd tell things about those experiences that can help the mentee so that many mistakes will be avoided and they're going to learn from it. Having a mentor is different from having a signal but I think many are confused about that.

Having a trading mentor is a bonus that should be appreciated, meaning you have the opportunity to learn faster than others who learn independently. Mentors can help you from their experience and knowledge, but their trading styles don't have to be the same.

Someone who learns independently may take longer to understand the ins and outs of trading well. They need to gain experience even though knowledge can be learned online, but the progress will never be the same as those who have a mentor. Some mentors can make an agreement with their mentee, I mean it's a kind of contract where the mentee may have to pay some fees when he is able to make a profit.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Japinat on March 19, 2024, 09:17:10 PM
Get ready to burn some money if you are on your way to becoming a professional trader. While looking for a mentor is like a shortcut because they'd tell you how they got in and out from the worst trades that they have ever been for you to avoid it. That's why you're paying them, for their experiences and that's very valuable on this market because with its high volatility, they can give you some idea on what you must do if you ever encounter a trade that you're having hard time to get out of it and not to keep on having bad trades and losses.
Learning from the different sources online and watching YouTube videos are still different when you hire a mentor for yourself. Yes, you need to burn some money if you are determined to be a professional trader someday. However, if you don’t have the funds for it, starting over the free sources online and getting yourself a demo account is not that bad. You can learn trading but it will certainly take years for you to master trading in the market.

I suggest if you have a close friend who is a trader, then you can ask some of his certain trading tips and eventually learn from his trading skills and strategies. In the long run, with patience and high motivation to learn, I believe you can still be a good trader as long as you also do your part by having consistent experience in the market.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: GeorgeJohn on March 19, 2024, 09:17:46 PM
If you want to venture into trading without having the clear concept of it we will continue to experience losses that is why it is good for any beginner oh whosoever that is into trading to understand the concept of trading and first before going into it so many of us today who continue to lose and also give trading bad Name, it is same people who does not observe the environment, or learn seriously in cryptocurrency before the entered into it because they have had some people who is a trader always make a profit through trading that will not give you the courage to join what you don't know the rudiments


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: batang_bitcoin on March 19, 2024, 09:18:15 PM
The real experience comes when you come up with real money in crypto. Techniques like paper trading are good ways to learn trading but they don't give you real time experience. It's like learning how to swim from book versus actually swimming in water. One key mistake new comers make is that they follow different crypto signalling groups with intent of becoming rich over night. There are not many who became rich by following signalling group but majority of signalling group owners became super rich. It's best to use your own mind to train it for trading in future.
There is this lesson that we can from the experience of others and that's what I am pointing out when someone hires a mentor. It's not only about the trading concept that they'd tell you but also the experience that they had before. So, that's helpful for those that are valuing experience and if a mentor is a real trader, he'd tell things about those experiences that can help the mentee so that many mistakes will be avoided and they're going to learn from it. Having a mentor is different from having a signal but I think many are confused about that.

Having a trading mentor is a bonus that should be appreciated, meaning you have the opportunity to learn faster than others who learn independently. Mentors can help you from their experience and knowledge, but their trading styles don't have to be the same.
I agree, they're there to help and make your learning faster than the others. It's true that they have their own styles of trading but you don't have to copy them for that but if it is also going to work to you then do your own thing.

Someone who learns independently may take longer to understand the ins and outs of trading well. They need to gain experience even though knowledge can be learned online, but the progress will never be the same as those who have a mentor. Some mentors can make an agreement with their mentee, I mean it's a kind of contract where the mentee may have to pay some fees when he is able to make a profit.
Exactly, and from this path many are stumbling upon and dealing with those signals group because they think that they'd be profitable with that. Having a mentor is going to teach you how to trade and the other things inside it, unlike the signals group, people will tell you to be profit but in the quickest possible way through telling what to buy without teaching fundamentals.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: 2Pizza410000BTC on March 19, 2024, 09:19:54 PM
I know knowledge is not free anymore. We humans have monetized knowledge that if someone without the knowledge wants to learn he has to pay handsomely for it. Many persons are eager to learn how to trade and bad luck has fallen into the hands of liars and tricksters who take money promising to teach these people online. We don't need to pay anybody to learn how to trade, we can do that for free. After all the only thing they would teach online about trading is the theory aspect and then the section is over. There are various resources on the internet especially YouTube that you can start learning from there until you are familiar with trading.

Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.

Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
I support your suggestion. If a man tries himself, he can learn trading for free without spending any money. If you try on your own, you'll have more success and you'll learn faster. There are thousands of scammers out there who will rip you off in the name of teaching you. Trading is not a difficult thing that you cannot do if you try. A man can definitely learn when he tries because there is no such thing as impossible. Although it will take three to four years for a person to learn everything about trading, it will not take much time for a person to learn trading on the go. Given two to three weeks he will learn some trading techniques and if he knows some techniques he will be able to trade fairly.

But don't always learn by just watching YouTube because many times YouTube will teach you wrong things. Always try yourself to learn properly. Only by trying yourself can you learn properly. If you get confused after trying it yourself, you can refer to a skilled trader or just watch YouTube to keep yourself going.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: el kaka22 on March 20, 2024, 02:33:33 PM
I believe that the fear that people have during this period people are not certain about what they are doing and that could be the most important. That is why I think it's quite realistic to say that most people will look for a mentor type of thing, that has to be the most important thing.

I hope to see that we are going to end up with people who will flock together as well, it is not just the fact that someone needs to be a mentor to them, they also require people who follow the same mentor, so that way they will feel better. I hope that it goes to do very well, and should not be a big deal, it could be a right move if they act together, that should be the most important thing to pick the right people, then it's fine.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: moneystery on March 20, 2024, 03:00:04 PM
it's okay to pay a certain amount of money to learn how to trade properly, but with the caveat that our mentor is a professional trader who has decades of experience in trading with a portfolio that he can be responsible for. i don't have a problem paying a certain amount of money to be able to take the courses he holds, because apart from being able to study the material, i can also ask him directly about various things that make me confused, because he has experience in the market and he can definitely share his experiences with his students and that can speed me up to be able to position myself in the market.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: pusaka on March 20, 2024, 03:05:07 PM
I believe that the fear that people have during this period people are not certain about what they are doing and that could be the most important. That is why I think it's quite realistic to say that most people will look for a mentor type of thing, that has to be the most important thing.

I hope to see that we are going to end up with people who will flock together as well, it is not just the fact that someone needs to be a mentor to them, they also require people who follow the same mentor, so that way they will feel better. I hope that it goes to do very well, and should not be a big deal, it could be a right move if they act together, that should be the most important thing to pick the right people, then it's fine.
Therefore, confidence is very important for us if we want to start something that requires us to stand on our own feet. Because if we don't have confidence then we will always be shrouded in doubt even though we can actually do it.  That's why people choose to pay their trading mentors instead of learning by themselves. But if you want to find a mentor, you must be careful too, because now there are a lot of irresponsible people, especially if they lure a trading signal. I honestly don't believe in it anymore.
It is more comfortable when we can learn together, from there we can share experiences and others, so that we will not depend on mentors but we must be able to learn even more actively to open new knowledge. But it's hard to find an environment like that.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: synchronym on March 20, 2024, 03:16:24 PM
If you want to learn about trading through online, of course you can learn through online, but when you learn about training through online, the secret that is about trading no longer remains open. According to me you can do a course about training in that case you will get enough idea about trading through the course you can get a lot of ideas through youtube videos. But this time it is foolish to expect anything for free you have to train with money then you can do better.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Hamphser on March 20, 2024, 03:19:32 PM
I believe that the fear that people have during this period people are not certain about what they are doing and that could be the most important. That is why I think it's quite realistic to say that most people will look for a mentor type of thing, that has to be the most important thing.

I hope to see that we are going to end up with people who will flock together as well, it is not just the fact that someone needs to be a mentor to them, they also require people who follow the same mentor, so that way they will feel better. I hope that it goes to do very well, and should not be a big deal, it could be a right move if they act together, that should be the most important thing to pick the right people, then it's fine.
Therefore, confidence is very important for us if we want to start something that requires us to stand on our own feet. Because if we don't have confidence then we will always be shrouded in doubt even though we can actually do it.  That's why people choose to pay their trading mentors instead of learning by themselves. But if you want to find a mentor, you must be careful too, because now there are a lot of irresponsible people, especially if they lure a trading signal. I honestly don't believe in it anymore.
It is more comfortable when we can learn together, from there we can share experiences and others, so that we will not depend on mentors but we must be able to learn even more actively to open new knowledge. But it's hard to find an environment like that.
It would be a matter of your own confidence plus the dedication on learning up trading because once you dont have these things then you wont really be having the eagerness on learning things on your own.

Just like been said by most people is that we do have those informations that we could really be making use and could be searched online. Those professional and gurus are also that making use of those
information on which they could really be able to share up with those noobs and claiming that they are the ones who are really that making of those things on which if you are really just that
sensible in regarding about your potential actions then you could really actually make yourself that learn with your own without spending a penny.

Somehow its not bad a idea for you to have those mentors on which you could really be able to follow on because there are really people
who arent really that good when making up those searches.



Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: rat03gopoh on March 20, 2024, 03:56:54 PM
But this time it is foolish to expect anything for free you have to train with money then you can do better.
That is the n stage of all processes, it would be foolish if you skipped some of the learning processes that you should have gone through first. Anyway, the essence of this topic, instead of wasting money on paid course, it is better to use it for initial caps of the real trading.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: TheUltraElite on March 20, 2024, 04:37:23 PM
Dummy trading is an easy and feasible method to learn trading and how to micromanage your positions. A background of trading in non-crypto speculative markets like stocks, commodities is a boon but for those who have zero experience in these things, read about trading and watch some youtube videos about it.

However be skeptical about mentors, often they are dudes who are selling their own promoted shitcoins to make money and their words should be taken with a bag of salt.

Again this does not guarantee a person to become a seasoned trader. It takes time and trading is not for everyone out there.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Ben Barubal on March 20, 2024, 05:00:57 PM
     This is in agreement with my assessment. I just laugh at others who say that in just 2 months or 3 months they have learned to read trading. For me, people like this are not telling the truth; instead, they are just bragging. Maybe they bought a crypto that suddenly pumped up and they immediately thought they knew how to analyze, but the truth is they don't.

     So those who offer a trading seminar session that requires a fee are also worthless if you can't absorb what is said in the session. Then again, what you will hear is very basic. That's why it's even better that we do the research ourselves, to be honest.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Cookdata on March 20, 2024, 06:28:18 PM
I don't have problem about paying for trading but the fact that they are paying for some kind of groups to get signal makes me wonder how people are too lazy to learn something on their own and when you ask them why they go from group calls to another group, what you will hear is that before they can understand everything about trading, the market will not be bullish again and they lose the chance of making money in the bull run and I get surprised why not learn trading when we were in the bear market until now.

Anytime I see people making videos of their academy and how they have impact knowledge to people through trading, I immediately assume they are just bluffing and all the money they claim they made from trading is not trading, it's money they made from referral from exchanges and money they collected from fellow students that want to learn trading. A serious trader don't have time to be showing how to draw trend line, he will rather be playing and doing his thing to make all the money.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Oneandpure on March 20, 2024, 07:49:53 PM
Its not important yet joining with trading signal group but secure their prediction at the said DYWOR or Do your own research, we pay them for joining signal group but when losing of their target prediction most of them not responsibility. I think enough to see how many channel paid signal group not worth yet with many member loss their money after investing on coins have list for buying. Use your money for paying them or joining signal group for trading capital and learn about trading in Youtube, social media twitter and always checking new update when any coins listing on the top market.
Make own research and always update all social media exactly with exchange social media account, they will update with new coins listing, mainnet event with potential make some cons will raise up to the higher price.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: SatoPrincess on March 20, 2024, 08:56:44 PM
Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
I agree with your points but I think number 3 is worth discussing further. When you find a mentor, you will have to pay him or find a way to give him value for his time. No one is going to teach you what they have learnt over the years for free. It’s up to you to decide if the mentorship is worth paying for.

In my opinion, having a mentor is a trading hack, you get to learn the trading techniques of a more experienced trader. They share their experience, mistakes and strategies with you. This saves you time and helps you skip hurdles you’d otherwise have in your journey.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: milewilda on March 20, 2024, 09:12:18 PM
Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
I agree with your points but I think number 3 is worth discussing further. When you find a mentor, you will have to pay him or find a way to give him value for his time. No one is going to teach you what they have learnt over the years for free. It’s up to you to decide if the mentorship is worth paying for.

In my opinion, having a mentor is a trading hack, you get to learn the trading techniques of a more experienced trader. They share their experience, mistakes and strategies with you. This saves you time and helps you skip hurdles you’d otherwise have in your journey.
Yes, there's no such thing about free meal on this world on where people would really be wasting up their time and effort for free. Everything would really be having its cost and it would really be just that
normal that they would really be asking something a payment for their time on which you would really be thinking up that if they are really that good on trading then they wont really be bothering themselves
on trying out to teach other people with having those mere amount of sub fees on which this is something that we can really say that they arent really that as good on what you are really that thinking
or simply they arent that someone whose profitable. Right?

This is why instead on wasting up your precious money on to those subscription then it would be neither be wise that you would really be that paying up for
something that you could actually be able to get it for free. Although you would really be just that needed for you to put up some effort or work for you to be
able to learn those things.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Cryptomultiplier on March 20, 2024, 11:11:47 PM
It's just too much work to sit down and learn new things most times, that's why even after seeing YouTube videos and trying to learn anyway we can by ourselves, we many at times still end up paying to get the attention and time of someone who we feel knows better than us.
Am not against paying a professional to learn, but please it's good to ask the right questions beginning with the tutor showing a portfolio of reference for his accomplishments in that area, also is the need to ask how long it took them to become a professional.

A good community like this where questions can be asked is also a great way to self learn, alongside YouTube videos and podcasts, being practically consistent with the basic steps to becoming a professional trader that includes setting up an account, funding, wallet of choice and most importantly is to learn the terms used as regards trading.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: freedomgo on March 20, 2024, 11:54:34 PM
I believe that the fear that people have during this period people are not certain about what they are doing and that could be the most important. That is why I think it's quite realistic to say that most people will look for a mentor type of thing, that has to be the most important thing.

I hope to see that we are going to end up with people who will flock together as well, it is not just the fact that someone needs to be a mentor to them, they also require people who follow the same mentor, so that way they will feel better. I hope that it goes to do very well, and should not be a big deal, it could be a right move if they act together, that should be the most important thing to pick the right people, then it's fine.
If you want to achieve a clearer goal in trading faster, then getting a mentor is the key. Of course you need to spend some quite high amount for that since you are using his service for your own personal gain and interest. It’s like you are paying his trading experience so that you can also be more like him in the future. However, being cautious in looking for a mentor is quite risky these days, that’s why research his background a lot so that you will end up with a reputable trader that can also influence your trading success in the future.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: boyptc on March 20, 2024, 11:56:22 PM
Yeah, a lot of free contents in YouTube nowadays that tackles about trading. You can start with all of that stuff and learn your techniques but you have to apply your own trades to yourself with your own money.

You'll get to see those content creators that have real intentions of helping their community and people to upskill in trading and there are goes that keeps talking about money milking from their viewers.

With the latter, if you have noticed that to the content creator you follow then stop wasting your time on them.
YouTube helping me directly or indirectly in the trading, because i am following some YouTuber's those are very experienced in this filed, and they really trying to share their strategies and other technical knowledge
Can you drop the names of those channels for me to see it as well? Lately, I have been looking into these creators and most of them aren't really into trading but into course selling.

It's funny but I do get already what they are up to and they are not for their own community because they're salesman and not educators of their following.

but a lot of creators are making crypto trading related videos just to earn money, so we have to out find real traders on the internet.
It's rare because the real ones are silent and lowkey.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Volimack on March 21, 2024, 07:48:00 AM
If there is no trading plan how to trade well is not possible. As far as I know if you have good trading skills your own analysis often works well. But many times we learn a lot from the courses. Even if you don't follow the courses you will gain some knowledge about trading. You can also explore the education section. This will help you expand your knowledge about the market in general and our services in particular.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Lanatsa on March 21, 2024, 10:14:27 AM
I believe that the fear that people have during this period people are not certain about what they are doing and that could be the most important. That is why I think it's quite realistic to say that most people will look for a mentor type of thing, that has to be the most important thing.

I hope to see that we are going to end up with people who will flock together as well, it is not just the fact that someone needs to be a mentor to them, they also require people who follow the same mentor, so that way they will feel better. I hope that it goes to do very well, and should not be a big deal, it could be a right move if they act together, that should be the most important thing to pick the right people, then it's fine.
If you want to achieve a clearer goal in trading faster, then getting a mentor is the key. Of course you need to spend some quite high amount for that since you are using his service for your own personal gain and interest. It’s like you are paying his trading experience so that you can also be more like him in the future. However, being cautious in looking for a mentor is quite risky these days, that’s why research his background a lot so that you will end up with a reputable trader that can also influence your trading success in the future.
Well you do got some points on which it is really that something that you could really be able to learn up things accordingly or in organized manner which is comparing when there's no one that would really be teaching you on where to start up then you would really be definitely be having those kind of mind boggling situation on where you should really be starting but same as said that you would really be needing to pay up premium for that and there's no such thing about being free. You would be needing to pay up and we know that not all would really be having the money that they could really be able to make use on.
There are ones who might be considering out such option in disregard about the amount but there are ones who would really be skeptical despite on having some funds.

But its really actually true that you could really be able to learn up for yourself without needing those gurus on which its really that needed to have that extreme effort and self
awareness or simply have that good time management on where you should really be able to begin. Watching out others experiences and trading methods would also help out.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: shinratensei_ on March 21, 2024, 12:33:44 PM
It's just too much work to sit down and learn new things most times, that's why even after seeing YouTube videos and trying to learn anyway we can by ourselves, we many at times still end up paying to get the attention and time of someone who we feel knows better than us.
Am not against paying a professional to learn, but please it's good to ask the right questions beginning with the tutor showing a portfolio of reference for his accomplishments in that area, also is the need to ask how long it took them to become a professional.

A good community like this where questions can be asked is also a great way to self learn, alongside YouTube videos and podcasts, being practically consistent with the basic steps to becoming a professional trader that includes setting up an account, funding, wallet of choice and most importantly is to learn the terms used as regards trading.
this, definitely the reason why people sought after some paid courses that doesn't guarantee but they are still paying for it anyway because the fact that sometime learning by ourselves takes a toll i mean not all people really eager to learn by themselves sometime some people only motivated if there's some teacher that could teach them but this approach could be problematic as well to be honest.

personally I find it myself experiencing trading with my own money to give me the best impression and to understand how the market truly works.
because by then even though i lost some money i kinda get a gist of how the market works, this is also why limiting capital for begginner when they are still learning is important.

so at least when they got too greedy and got impulsive when they trade they don't loss too much of a money there are some money to be spared here.
so that they don't truly lose money and lose that chance to retry again.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: pusaka on March 21, 2024, 01:46:54 PM
Therefore, confidence is very important for us if we want to start something that requires us to stand on our own feet. Because if we don't have confidence then we will always be shrouded in doubt even though we can actually do it.  That's why people choose to pay their trading mentors instead of learning by themselves. But if you want to find a mentor, you must be careful too, because now there are a lot of irresponsible people, especially if they lure a trading signal. I honestly don't believe in it anymore.
It is more comfortable when we can learn together, from there we can share experiences and others, so that we will not depend on mentors but we must be able to learn even more actively to open new knowledge. But it's hard to find an environment like that.
It would be a matter of your own confidence plus the dedication on learning up trading because once you dont have these things then you wont really be having the eagerness on learning things on your own.

Just like been said by most people is that we do have those informations that we could really be making use and could be searched online. Those professional and gurus are also that making use of those
information on which they could really be able to share up with those noobs and claiming that they are the ones who are really that making of those things on which if you are really just that
sensible in regarding about your potential actions then you could really actually make yourself that learn with your own without spending a penny.

Somehow its not bad a idea for you to have those mentors on which you could really be able to follow on because there are really people
who arent really that good when making up those searches.
Yes, having a mentor is not a bad idea, as long as we can ensure that the mentor we have is a responsible person and indeed they have more knowledge in terms of trading. However, if we can do it ourselves then it is better to do it ourselves, in fact that is the main point in our discussion.
One more thing, we can learn independently if we have confidence in ourselves, in this case we definitely have to grow self-confidence in ourselves. Because if not, then we will never know what potential we have within ourselves, as I said before.
It's about how we can explore our skills, and I think everyone has skills, it's just that the difference is that there are people who are quick to understand something and there are those who take a little longer.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: TopTort777 on March 21, 2024, 01:57:48 PM
We don't need to pay anybody to learn how to trade, we can do that for free. After all the only thing they would teach online about trading is the theory aspect and then the section is over. There are various resources on the internet especially YouTube that you can start learning from there until you are familiar with trading.

Next time you will be needed to have an operation, instead of visiting doctors and surgeon, get a knife and make everything yourself after watching video on a YouTube. Ive got a plan how you can get a million for free. Go to a public library, take and read as many books as you can, invent or prove something, get Nobel prize (medal + money). Profit.

What you say is simultaneously wrong and right. We can learn everything ourselves. In fact we can do everything ourselves. But having an experienced mentor makes you: 1) saves money 2) decreases learning time. On the other hand, make your own mistake and have own experience is better than repeating someone else life. Anyway, trading is only "buy low sell high" with little nuances.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Franctoshi on March 21, 2024, 02:45:38 PM
I know knowledge is not free anymore. We humans have monetized knowledge that if someone without the knowledge wants to learn he has to pay handsomely for it. Many persons are eager to learn how to trade and bad luck has fallen into the hands of liars and tricksters who take money promising to teach these people online. We don't need to pay anybody to learn how to trade, we can do that for free. After all the only thing they would teach online about trading is the theory aspect and then the section is over. There are various resources on the internet especially YouTube that you can start learning from there until you are familiar with trading.


1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
In as much as you have all this platforms and tools available to use and learn trading, I strongly agree with you on having/finding a mentor, entering the trading world as a newbie ,you need have someone who is more experienced than you do and who will be there to guide you because you definitely will at some point get confused on making some market decisions or if not that, but for some trading stuff you haven't encountered before in the market.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: m2017 on March 21, 2024, 03:37:51 PM
I know knowledge is not free anymore.
It's always been like this. Moreover, only certain groups of people had access to knowledge. So, we were lucky to find ourselves in a time of accessibility of knowledge and the availability of the Internet. Knowledge cannot be free and you will have to pay for access to it either in money or time (for searching).

Many persons are eager to learn how to trade and bad luck has fallen into the hands of liars and tricksters who take money promising to teach these people online.
In any area where there is money, there will always be scammers selling access to knowledge, but the area of trading is like an endless gold mine for them, because in the eyes of beginners, trading is an easy and quick way to make money.

We don't need to pay anybody to learn how to trade, we can do that for free. After all the only thing they would teach online about trading is the theory aspect and then the section is over. There are various resources on the internet especially YouTube that you can start learning from there until you are familiar with trading.
They sell air to simpletons. If their trading is so successful that they are willing to teach it, why don't they make millions from it and spend time learning? This business model is simple: their trading is a trash, and the money is made from the fulmars who believe in this training.

Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.
If they stop telling them this, sales of paid courses will fall. This is bait for fools.

Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
Why not just buy bitcoin and trade on btc-cycles (4 year cycle with halving)? This technique can be mastered by anyone and, as the practice of past years shows, it works 100%, unlike your trading. I want to say that hodl turns out to be more efficient and reliable than trading.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: |MINER| on March 21, 2024, 04:15:01 PM
Now nobody wants to teach anybody anything for free.  Everything has to be done for money now.  However, even if money is to be exchanged, it should be verified.  Because in many cases, people have to be cheated by money while learning e-trading.  If you are willing to learn for money, definitely learn from a trusted trainer.  Moreover, I will say that it is better to learn by yourself. You should learn by analyzing yourself. You will not get the satisfaction that you will get by learning through your own efforts. You should first learn the rules of trading and then analyze them. Follow those who are good at trading.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Maslate on March 21, 2024, 08:34:08 PM
Now nobody wants to teach anybody anything for free.  Everything has to be done for money now.  However, even if money is to be exchanged, it should be verified.  Because in many cases, people have to be cheated by money while learning e-trading.  If you are willing to learn for money, definitely learn from a trusted trainer.  Moreover, I will say that it is better to learn by yourself. You should learn by analyzing yourself. You will not get the satisfaction that you will get by learning through your own efforts. You should first learn the rules of trading and then analyze them. Follow those who are good at trading.
I have no against learning trading on your own because if you really set your goal to achieve that, you will definitely make it happen, even if takes quite longer for you to finally absorb and understand well even the basics in trading. However, if you want to take some shortcuts and just focus on building your skill and strategies in learning, you would need a reputable well-experienced trader to guide and assist you in your learning journey. And for me, that’s quite more satisfying most especially if you are being trained by best trader in the community, but of course it also comes with a price so you have to afford it first.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Natalim on March 21, 2024, 09:38:58 PM
Learning trading is free, that is pretty clear. Those newcomers who think that the use of copy trading, signal groups, and any groups pretending they will them and provide the necessary things to become a successful trade is impossible. Indeed, all the things we need are found available online, and many tutorials are meant easy for us to acquire knowledge. That is why the services I've mentioned above are nothing, we can do it alone. However, learning couldn't be instant but it takes several months to finally get how this works. Learning is not easy and no shortcuts which is why we stop believing people saying, we can make you rich in just a few days by having them as it was a big lie.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Distinctin on March 21, 2024, 09:54:27 PM
Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.
I tend to agree with this, it takes years before you consider be a good trader, I wouldn't say professional because as I see, there's no professional in trading.  But it depends on your dedication to learn in trading, like any skill, becoming proficient at trading requires time and dedication.  The more time you can commit to studying and practicing trading, the faster you're likely to progress.

Quote
Let me work you through this step I am using to be a professional trader
You can also add this.
  • Demo trading on exchange
  • Find a forum or a community like this
Yes, learning trading takes a lot of time, even couple of years until you can finally say that you’re already a good trader. But know that you can always lessen your time reading and researching about trading if you have a good and reliable mentor on one side. If you have a close friend who is into trading, then much better as you can ask for a discount and lessen your pay for him.

It’s not all the time that we get to learn all by ourselves. Trading is learned based through experiences, that’s the reason why we need to hire mentors so that we can learn and follow their good experiences in trading. Well except for fake traders as a lot of them are self-proclaimed traders found in social media.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Bushdark on March 21, 2024, 09:57:45 PM
Lookimg for a mentor whether online or offline means we are still going to pay for the mentorship. This is the same thing laying for trading because we need to service and for us to get it, money all need to be involved. I don't think there is any way we could learn how to trade without paying a dime. We need to be ready to pay money for the knowledge that we want us else we might be getting something nit actually right and that doee not worth our time because the information may be too misleading and difficult to understand.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: tvplus006 on March 21, 2024, 11:44:04 PM
... I don't think there is any way we could learn how to trade without paying a dime. We need to be ready to pay money for the knowledge that we want us else we might be getting something nit actually right...

Well, there are definitely two options here) You are either engaged in self-education and in the process of learning you lose your money in exchange for the acquired experience. Or you pay money for training in exchange for the acquired knowledge. But at the same time, you need to understand that neither the first nor the second option guarantees that you will be able to become a successful trader.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: xandriel on March 22, 2024, 02:26:44 PM
I don't disagree with teaching basic skills and providing basic information. People can learn it to understand the market, and they can ask and receive quick responses, not just by watching on YouTube or something. But I don't understand people who join 'how to be rich' classes. I mean, if they know how to be rich, they would teach their friends and family first, not us, and keep it for themselves. Why would they need to teach you how to get rich? The only reason is they want to get rich by selling courses to you.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Denamen on March 22, 2024, 02:29:38 PM
Why waste your money on trading lessons when Google is just a click away? Take the DIY route and invest in your own learning curve. Your wallet will thank you later! (Or perhaps you're not lucky and lose all your money, so best wishes to you)


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: jaberwock on March 22, 2024, 03:24:54 PM
Now nobody wants to teach anybody anything for free.  Everything has to be done for money now.  However, even if money is to be exchanged, it should be verified.  Because in many cases, people have to be cheated by money while learning e-trading.  If you are willing to learn for money, definitely learn from a trusted trainer.  Moreover, I will say that it is better to learn by yourself. You should learn by analyzing yourself. You will not get the satisfaction that you will get by learning through your own efforts. You should first learn the rules of trading and then analyze them. Follow those who are good at trading.
I do not think that's true, there is a new job called "influencer" for the past 10 years or so, I mean it existed in some capacity before that, but it has been growing huge for the past 10 years without a doubt. That means, people are willing to share without getting paid for it and that's not a bad move and I think it will definitely work for everyone.

I think it should be important to realize that you are going to probably make money from it either way. If you charge people money, then you make money per "student" that you have, but if you are an influencer and do not charge people and help them for free, then you can charge for ads on your channel or whatever and that way you can make money as well, it is a good move.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: stomachgrowls on March 22, 2024, 04:51:14 PM
Why waste your money on trading lessons when Google is just a click away? Take the DIY route and invest in your own learning curve. Your wallet will thank you later! (Or perhaps you're not lucky and lose all your money, so best wishes to you)
Because people;

1. Just that too lazy
2. Want to learn the fastest way
3. Willing to spend some cash for easy route

Its true that Google is really just that a click away on which it is really that mind boggling that they do still consider out on paying up tons if they could
really actually be able to make it free.Its just a matter of some work which you would really be needing to do so because if you would really be that
not making such effort then you would really be considering it up on paying on which it is really just that a waste.

Somewhat its not bad to look at on others analysis on which you could really be able to apply it into your own.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Jegileman on March 22, 2024, 05:18:16 PM
I know knowledge is not free anymore. We humans have monetized knowledge that if someone without the knowledge wants to learn he has to pay handsomely for it. Many persons are eager to learn how to trade and bad luck has fallen into the hands of liars and tricksters who take money promising to teach these people online. We don't need to pay anybody to learn how to trade, we can do that for free. After all the only thing they would teach online about trading is the theory aspect and then the section is over. There are various resources on the internet especially YouTube that you can start learning from there until you are familiar with trading.

We are already meant to believe that nothing is for free in this world and for you to get something you have to give something in exchange in order to be good at it. Trading can be learnt without having to pay someone but can be done online just like you’ve explained in your post. Most times, the right information needed to become profitable and a consistent profitable trader is always hidden and you’ve to pay to get it unlocked and be a master at it. You can learn yourself but if you find the right person to teach and not just a trickster, you’ll become better in trading overtime faster than one who learns on their own.

Quote
Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.

No one is bound to be a master at something just after few times of practice. It has to be a continuous process and a journey that you need to be consistent at before you can get close to perfection because there’s no such work as been perfect always. There will be flaws, you’ll fail and learn again, just make sure you don’t give up as you’re striving to become better daily.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: AnonBitCoiner on March 22, 2024, 06:14:01 PM
If there is no trading plan how to trade well is not possible. As far as I know if you have good trading skills your own analysis often works well. But many times we learn a lot from the courses. Even if you don't follow the courses you will gain some knowledge about trading. You can also explore the education section. This will help you expand your knowledge about the market in general and our services in particular.

After spending some years in trading you can trade with the help of your own experience but newbies cannot trade with his own analysis because trading is not an easy field and only expert can make a better decision by their own otherwise a common man cannot get profit without taking help from courses.

I think it's not a bad idea to learn from courses when you are new in trading but if you are not learn anything but continuously wasting money on courses then it's your fault. At start everyone faces difficulties but when you learn well and make a trading plan then your loss will be reduces and you will become experienced with the passage of time.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Mr. Magkaisa on March 23, 2024, 06:26:09 AM
           -   Until now, there are still such training courses that are paid for, but I learned to trade on my own if I worked hard, and if I read any studies about trading, I see other sections in the platform that teach a tutorial about crypto trading.

And the others that I even read here are even more credible to understand based on what I have observed and actually noticed. So those who pay are just wasting their money; it's even better to do your own research.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: pinggoki on March 23, 2024, 07:04:24 AM
Totally agree, most of those trader gurus that sell their courses are probably not that good at trading but on marketing, they're probably even not posting their own trades and that they're stealing it somewhere, those type of people have a lot of trader friends that don't usually post their trades in public and they steal those trades and make it look like their own. There's also Photoshop where you can make it look like you've made a lot of trades and all of them are a win, people that want to get your money will go the extra mile to deceive you and others so you will do what they want and give them what they want from you, it never gets old and it never changes, only the methods of deceiving changes but the essence isn't. There's paper trading to practice your trading and there's thousands of books about trading, sure some of them can't be applied to crypto trading but the point is that you know at the least the terminologies and phenomenon that are common in all kinds of trading.

Think of this when it comes to these trading course sellers and fake gurus that are everywhere online, why would they sell this course that they claim will guarantee you profit in trading when they could've keep it for themselves, there's no way that these people do it out of charity, most of them worship the dollar bill and one of their tenets in that worship is that you do any means to make money in any way possible.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: WatChe on March 23, 2024, 07:34:05 AM
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade

If you are looking for someone to mentor you on Bitcoin there is no best guy then Michael Saylor. His podcasts (lectures) are best source that can motivate you to invest in Bitcoin and that motivation comes with logic too. For instance, see Saylor lecture (https://www.youtube.com/watch?v=fCkABdwjxtE) on Bitcoin at Atlantis 2024.
There is so much material available online that there is no need to pay someone to learn and understand Bitcoin trading or investment. Better spend that money in Bitcoin and that will give you lessons that can help you in future trading or investment.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: gabbie2010 on March 23, 2024, 01:26:24 PM


Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
Though these are some of the quickest ways or methods to start learning trading, however it's not that easy because as a newbie every information looks not understandable with regards to learning via YouTube videos or PDFs but getting a mentor is the best and quickest way to learn trading, however it's very rare to get a good mentor possibly due to their limited time and learning own your own would take some time because you have to learn with a slow pace so as to grap and understand every bit of knowledge of trading,  meanwhile truly there are lot of ways to learn trading via discord channels and telegram channels for those who are passionate to learn trading.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Awaklara on March 23, 2024, 02:55:09 PM
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade

If you are looking for someone to mentor you on Bitcoin there is no best guy then Michael Saylor. His podcasts (lectures) are best source that can motivate you to invest in Bitcoin and that motivation comes with logic too. For instance, see Saylor lecture (https://www.youtube.com/watch?v=fCkABdwjxtE) on Bitcoin at Atlantis 2024.
There is so much material available online that there is no need to pay someone to learn and understand Bitcoin trading or investment. Better spend that money in Bitcoin and that will give you lessons that can help you in future trading or investment.

You provide a good reference, but not everyone who learns to trade ends up encountering the show. I'm sure some beginners are also looking for beginner ways of investing and trading, but beginners' interest is more in trading signal channels.
You can create your surveys, outside of the trading community. This means that in the general environment for beginners who want to learn to trade, more will be looking for an instant way to trade by following trading signals. whether it's from live YouTube or Telegram group channels, some of which may be paid.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: sokani on March 23, 2024, 08:19:53 PM
Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.

Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency

There's nothing wrong in paying to learn a skill like trading as long as it's going to be a money well spent and you'll get the required knowledge to kick start trading. Having said that, I've noticed something strange on social media about these so called professional traders. Some of them flaunt their wealth online and make trading looks so easy which is not true. Perhaps, the end goal could be to trick and scam aspiring traders.

You've outlined very good steps, however you failed to include an important one and that's demo trade. As a trader you need to be able to test your skill, gain more experience before you test the water.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: shinratensei_ on March 24, 2024, 03:36:34 AM
There's nothing wrong in paying to learn a skill like trading as long as it's going to be a money well spent and you'll get the required knowledge to kick start trading. Having said that, I've noticed something strange on social media about these so called professional traders. Some of them flaunt their wealth online and make trading looks so easy which is not true. Perhaps, the end goal could be to trick and scam aspiring traders.

You've outlined very good steps, however you failed to include an important one and that's demo trade. As a trader you need to be able to test your skill, gain more experience before you test the water.
there are indeed plenty of the so called trading guru flaunting their wealth its for the sake of garnering attention and making people wants to join their course thinking the so called guru credibility increase because they flaunt wealth thats not necessarily owned by them, thats the thing, there have been many of such cases exposed like flaunting their wealth and then got exposed with the fact that their real estate and sport care are all rented, so its definitely part of their marketing strategy no doubt.

whats more ridiculous though their course usually cost a ton and have next to nothing knowledge about trading except the basic since they also usually have no idea.

           -   Until now, there are still such training courses that are paid for, but I learned to trade on my own if I worked hard, and if I read any studies about trading, I see other sections in the platform that teach a tutorial about crypto trading.

And the others that I even read here are even more credible to understand based on what I have observed and actually noticed. So those who pay are just wasting their money; it's even better to do your own research.
the courses aren't worth anything even more so if you pay up front they usually just don't care after you pay them money for their courses so indeed you better use that money to learn market pattern and so on.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Jody.Drummer on March 24, 2024, 05:00:42 AM
If you are looking for someone to mentor you on Bitcoin there is no best guy then Michael Saylor. His podcasts (lectures) are best source that can motivate you to invest in Bitcoin and that motivation comes with logic too. For instance, see Saylor lecture (https://www.youtube.com/watch?v=fCkABdwjxtE) on Bitcoin at Atlantis 2024.
There is so much material available online that there is no need to pay someone to learn and understand Bitcoin trading or investment. Better spend that money in Bitcoin and that will give you lessons that can help you in future trading or investment.

You provide a good reference, but not everyone who learns to trade ends up encountering the show. I'm sure some beginners are also looking for beginner ways of investing and trading, but beginners' interest is more in trading signal channels.
You can create your surveys, outside of the trading community. This means that in the general environment for beginners who want to learn to trade, more will be looking for an instant way to trade by following trading signals. whether it's from live YouTube or Telegram group channels, some of which may be paid.

Ignorance and lack of knowledge is a major problem especially for beginners where they are still in the introductory stage and do not know about what to do and what to avoid, they learn but sometimes they find it difficult to find the right example of what is right unless they follow other people who already have higher flying hours or those who are professionals, and usually yes beginners prefer something instant like what you said where they follow trading signals, it's not wrong but it might hinder their learning and development process a little because of dependence on other people's signals.

I think it is a fact that lately most beginners prefer something instant which is something that is produced in an instant way will not be very satisfying because you are dependent on other people's ways, but actually it doesn't matter if you are on the other hand while learning everything you get and really apply it to your own trading activities, but sometimes the way that is accurate for others is not always accurate for us, meaning that the person who has the strategy has another advantage where they know about the advantages and disadvantages of the strategy because they created it while we are nothing more than following it and maybe this is the reason why sometimes other people's ways don't work for us.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: ololajulo on March 24, 2024, 05:21:40 AM
The benefits of investing in paid trading education may surpass what's available online. Rapid learning is essential to capitalize on bullish markets. Paid mentors can unveil many trading secrets inaccessible online. Numerous undisclosed strategies exist in trading, concealed by online deceivers who may also serve as paid influencers in certain projects.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: God bless u on March 24, 2024, 07:57:26 AM
Yeah that's the perfect approach you just mentioned here but there are some hurdles you face though. First of all people are able to get the sequence of learning trading. There are some disciplines that you need to follow in order to learn every side of the coin in the trading market. Courses from a well known institution is not a bad thing until its valuable and you have some good assets to spend on

But for those who don't have money to pay it's completely ok to learn trading from online and social platforms. You have to put some extra effort to gather the information but you'll end up in a similar condition to those of course learners. Just don't be afraid and take the first step


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Denamen on March 24, 2024, 12:19:54 PM
First of all, I apologize for being against paid courses. So, I checked out some courses that my friend shared. Some of them summarize all the knowledge so you can easily understand more than what you would by searching on Google by yourself. They also provide some tricks, some good, and some that really don't show up on the internet. (But they are not a tool for a 100% win in the crypto market. They simply offer a better chance than if you didn't know anything, giving you a small chance to win)


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Eternad on March 24, 2024, 12:34:45 PM

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency

This suggestion is good but not always applicable for everyone because some people doesn’t have time to attend seminars, doesn’t know what PDD and Youtube guide to watch and doesn’t have mentor to find that will help him for free.

The benefits of paid courses was it’s tailored to skip the long premise on trading and focus on lecture that is already tested working by them. You are paying because the lecturer already spent a lot of money and experience just to develop the strategy which you can only get through experience. I’m not encouraging online courses but it’s not bad either to avail one as long as the content is insightful.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: WatChe on March 24, 2024, 02:25:57 PM
This suggestion is good but not always applicable for everyone because some people doesn’t have time to attend seminars, doesn’t know what PDD and Youtube guide to watch and doesn’t have mentor to find that will help him for free.

The benefits of paid courses was it’s tailored to skip the long premise on trading and focus on lecture that is already tested working by them. You are paying because the lecturer already spent a lot of money and experience just to develop the strategy which you can only get through experience. I’m not encouraging online courses but it’s not bad either to avail one as long as the content is insightful.

Learning how to trade is an ongoing process and you won't get essentials of trading by taking one or two paid courses. Moreover we haven't seen any paid or free course by successful traders like Warren Buffet. They prefer to keep there knowledge to themselves. There are not many around who got success by following paid contents but the content creators have earned a lot of revenue by selling there courses. I would prefer to invest that money in trading to learn by myself rather giving it to someone else for his course.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: $weetne$$ on March 24, 2024, 02:52:00 PM
1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency

Stop telling people to stop paying money because you don't want to pay money. Not everyone can learn things on their own, some people aren't smart to pick up things very fast therefore they need others to teach them. You're also discouraging people from patronising others business as some individual uses the trading classes that they're offering to feed as that's their own business. If you're not learning trading physically from the wrong person, continue so you can become perfect at it. Self learning is also good so you can combine the two ways of learning and increase the speed that you'll understand how to trade and make profits. After you're done learning form your teacher, you should practice on your own and also add to the lesson that he has taught you. There's nothing wrong with learning from someone through classes or courses.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: YOSHIE on March 24, 2024, 04:08:01 PM
Of course doing crypto trading is not as easy as we say and talk about, some of the points below, I agree.

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency

The points above show how important it is for someone to dive into the crypto market and trade, point number 3 is very important, we need guidance to achieve good results in trading, For this reason, don't ever try to be braver if you don't have an expert in trading and it's important to learn from mentors, not just guidelines on YouTube.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: tvplus006 on March 24, 2024, 05:30:46 PM
Stop telling people to stop paying money because you don't want to pay money. Not everyone can learn things on their own, some people aren't smart to pick up things very fast therefore they need others to teach them. You're also discouraging people from patronising others business as some individual uses the trading classes that they're offering to feed as that's their own business. If you're not learning trading physically from the wrong person, continue so you can become perfect at it. Self learning is also good so you can combine the two ways of learning and increase the speed that you'll understand how to trade and make profits. After you're done learning form your teacher, you should practice on your own and also add to the lesson that he has taught you. There's nothing wrong with learning from someone through classes or courses.

The biggest problem that a beginner may face is that it is very difficult to find a really good teacher who can teach how to trade with profit. I have seen many times how inexperienced coaches are trying to find themselves a pupil in order to get a profit for giving them their knowledge, which they actually do not have.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: LogitechMouse on March 24, 2024, 07:52:26 PM
Quote
Re: Stop paying money to learn trading when you can learn it yourself
I will just share a story that's not related to trading, but it's related to paying certain course just to learn from it.

I saw a Facebook post hours ago regarding a certain influencer who's offering a course regarding "Mastering the art of getting AIRDROPS". In that course, he will teach newbies how to spot airdrops and how to maximize the free money that we can get there. If you're a newbie, you will feel that it's worth it because he will be teaching you how to get free money through airdrops, but if you've been doing it for a long time, you will see that this course that he's offering is just useless and you know what's worse? He's charging ~$50 for that course which is insane!!!.

That isn't related to trading, but the point is that, not all paid courses have value. In fact, those videos that we are watching for free and the books that we are reading online are way valuable than these paid courses. I don't want to be one-sided though because even though I don't pay on these courses in order to learn, I still believe that you can still get value by paying a small amount to them. I mean there might be some lessons that you can only get when you pay other experts.

At the end of the day, information that can help you be a good trader can be found online, and it's free. Like OP said, consistency is the key, and maybe add as well the fact that experience will make you a better one. You need capital as well. :D


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Huppercase on March 24, 2024, 08:06:55 PM
Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.

I will say what you wrote over there is not accurate. I wouldn't say you are wrong, you could be writing from your own experience but don't generalized what you know with what is out there because human are different, we learn different in different ways in different time. There are people thay can learn trading in few months and they will get basic things, it's their experience over time that will be teaching them the rest of trading, time teach us a lot and that's what trading is about especially this crypto trading.

Quote
Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency

In addition to the ones you have mentioned, if you want to go far in trading I think you can't have everything for free, a trader should be ready to invest on himself. You can't have a complete trading videos on a YouTube platform or PDF materials, if you do some be complex to digest but if you try UDEMY videos, the tutors are friendly and the videos are the best. You can use torrents to get some on some web but I guess they are illegal to do so in some jurisdictions but the videos are helpful.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: dothebeats on March 24, 2024, 08:10:03 PM
While I agree with these points you have raised, it's also worth mentioning that it's way easier to learn something if you have a mentor that guides you or have someone else to learn with. This does not necessarily mean you have to pay, as there are some free mentorships online that you can find nowadays.

If you're learning something in this day and age, it's best to record your progress or share it to the world. Also, the best thing to learn is to do it, and you don't even have to spend real money in learning how to trade. Lots of platforms offer free trading tools that you can play with and learn at the same time.

Discipline is the hardest thing to keep when trying to learn new things. Many newbies end up paying for someone to teach them because it keeps them responsible or somewhat disciplined to follow a learning plan. It's okay if you have the money, but it's always better to learn without having to pay any $ at all.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: stadus on March 24, 2024, 09:53:49 PM
While I agree with these points you have raised, it's also worth mentioning that it's way easier to learn something if you have a mentor that guides you or have someone else to learn with. This does not necessarily mean you have to pay, as there are some free mentorships online that you can find nowadays.

If you're learning something in this day and age, it's best to record your progress or share it to the world. Also, the best thing to learn is to do it, and you don't even have to spend real money in learning how to trade. Lots of platforms offer free trading tools that you can play with and learn at the same time.

Discipline is the hardest thing to keep when trying to learn new things. Many newbies end up paying for someone to teach them because it keeps them responsible or somewhat disciplined to follow a learning plan. It's okay if you have the money, but it's always better to learn without having to pay any $ at all.
Nowadays, it’s never that hard to learn everything since you can find free resources all over the internet. You just have to do your due diligence to learn so you can maximize your learning. However, it’s still easier if you have someone to guide you to help you in the process in learning all those trading strategies and learning how to make good analysis in the market through reading some charts and patterns. If you know someone that is a good trader, I guess even if you come to pay its price, that won’t never be an issue as long as you know what you paid for is definitely worth the knowledge you have gained.

However, while learning these days may have its own price, but if you can learn without paying, well that could be a lot better. After all, learning don’t need to be rush, most particularly in trading as it may take couple of years before you can say you’re now a good trader.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: mirakal on March 24, 2024, 10:55:21 PM
          -   Until now, there are still such training courses that are paid for, but I learned to trade on my own if I worked hard, and if I read any studies about trading, I see other sections in the platform that teach a tutorial about crypto trading.

And the others that I even read here are even more credible to understand based on what I have observed and actually noticed. So those who pay are just wasting their money; it's even better to do your own research.
While paying for learning is not ideal, but if you are given an opportunity to be train by a reputable trader that also comes with a good price, then why not? After all, what you paid for now will be worthy for all the techniques and strategies you will learn from him. Not all trading methods are listed in books or any trading resources, as they’ve said there’s always unspoken ones that only experienced traders are well aware of. So grab that chance even if it means paying for a good amount, you will still be able to gain back all those money once you have become a well experienced trader as well just like your mentor.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Sanitough on March 24, 2024, 11:16:43 PM
The benefits of investing in paid trading education may surpass what's available online. Rapid learning is essential to capitalize on bullish markets. Paid mentors can unveil many trading secrets inaccessible online. Numerous undisclosed strategies exist in trading, concealed by online deceivers who may also serve as paid influencers in certain projects.
You are right in there. If you happened to have a trading mentor that will surpass all your expectations and will open you to the realities in trading, hence you are learning more than what you paid for, or more than you can find online from those free resources. Although we might have a lot of gurus found in social media that have always been self-proclaimed traders but we don’t be needing them as much as possible, that’s why we have to DYOR first so we can come up with the real experts in trading, and it would look more legit if it’s recommended by a common acquaintance.

However, you hold the final decision. Whether you learn trading free or paid, that’s not a big deal really, because what will exactly matter is how you become after that learning process.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: justdimin on March 25, 2024, 06:16:42 AM
But this time it is foolish to expect anything for free you have to train with money then you can do better.
That is the n stage of all processes, it would be foolish if you skipped some of the learning processes that you should have gone through first. Anyway, the essence of this topic, instead of wasting money on paid course, it is better to use it for initial caps of the real trading.
I do agree that spending your money on initial trading moves would make more sense. I mean there are free resources that you can use, and you may learn from them and after you learned enough then you can use the same capital for trading and if you do well then that means you learned, and if you do badly then you can go back and learn some more. That way, you are still spending the same amount of money but at least this one gives you a chance to make a profit, I believe that's quite an important difference.

It is quite important to make money when you know what you are doing, and for you to know what you are doing you should be learning as much as you can, for months if you have to, do not start before you are certain you know it all.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: stomachgrowls on March 25, 2024, 06:31:28 AM
But this time it is foolish to expect anything for free you have to train with money then you can do better.
That is the n stage of all processes, it would be foolish if you skipped some of the learning processes that you should have gone through first. Anyway, the essence of this topic, instead of wasting money on paid course, it is better to use it for initial caps of the real trading.
I do agree that spending your money on initial trading moves would make more sense. I mean there are free resources that you can use, and you may learn from them and after you learned enough then you can use the same capital for trading and if you do well then that means you learned, and if you do badly then you can go back and learn some more. That way, you are still spending the same amount of money but at least this one gives you a chance to make a profit, I believe that's quite an important difference.

It is quite important to make money when you know what you are doing, and for you to know what you are doing you should be learning as much as you can, for months if you have to, do not start before you are certain you know it all.
Would really be more worth and would really be more sensible on doing so rather than on paying something which you could really actually get it for free. There are really just that people who are really that rushing or liking to learn up things on the most fastest way without even trying out to think up well that it would be worth if they do rather make it use of their initial capital on doing trades. You could really be able to learn up along the way with those amounts which is more worth than on paying up those so called experts on which they arent really that experts. If they are really that indeed making money then they wouldnt really be that making themselves
trying to create some group and asking for sub fees. It is really just that contradictory.

Bettter that you would really be that learning on your own on which this is something that could make you sustain for long term and this is much more better rather than
on relying yourself into others. It would really be just that slowing you down. Trust me.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Denamen on March 25, 2024, 01:25:34 PM
But this time it is foolish to expect anything for free you have to train with money then you can do better.
That is the n stage of all processes, it would be foolish if you skipped some of the learning processes that you should have gone through first. Anyway, the essence of this topic, instead of wasting money on paid course, it is better to use it for initial caps of the real trading.
I do agree that spending your money on initial trading moves would make more sense. I mean there are free resources that you can use, and you may learn from them and after you learned enough then you can use the same capital for trading and if you do well then that means you learned, and if you do badly then you can go back and learn some more. That way, you are still spending the same amount of money but at least this one gives you a chance to make a profit, I believe that's quite an important difference.

It is quite important to make money when you know what you are doing, and for you to know what you are doing you should be learning as much as you can, for months if you have to, do not start before you are certain you know it all.
But even though this thing is basic, still a lot of people don't do it. They want quick results, quick money. They then buy a course and watch all of it in a short time (and I'm sure they don't understand over 30% of it) and join the market. But on the other side, when they lose money, they suddenly understand it all. All the things from the internet, all the things in the course they bought. Sometimes they need to see it in real life so they can understand it.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: husencoe on March 25, 2024, 01:51:29 PM
Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.
I’m absolutely agree with what OP said.  There is no quick way to learn trading.  There is only the effort to continue learning and becoming an expert in one's own style.  Many are looking for a quick way but always encounter dead ends.  Trading is a skill that must always be honed so that it becomes sensitive and controlled.  In my opinion, taking a course is not wrong, but don't expect too much on that.  Because the course only has a very short time so it is not enough to study.  Looking for a mentor is much better because we can continue to communicate to ask for opinions and suggestion.  But self-study is the best.  This will truly form a trading style that is purely based on personal instinct.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Rruchi man on March 25, 2024, 02:53:03 PM
~
I didn't come across this topic on time hence my lateness to replying this very interesting topic. I'm going to skip right through whatever any other person has said and just add my opinion because I have often advised people about this sort of situation before.

Paying money for knowledge is never a waste because by the time you spend and commit money to learning something, there is a psychological benefits that you have knowing that you have invested in it hence you must want to see the profit from your investment. Also, if some people do not pay for knowledge, they will never value it.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: bettercrypto on March 25, 2024, 05:36:37 PM
Maybe it depends on the seminar session you will attend. If the speaker is really a well-known or reputable trader, I think the price is worth it, and what will be taught is okay. But the others are just pretenders; they just wear formal business attire, and when the session comes, the teaching is not worth what they paid for.

but most of the seminars about the trading session were actually turned into business. only had a little knowledge of trading made for work. As a matter of fact, there are even more good people here in the forum who are good at explaining trading or blockchain technology, not because I am here in this forum.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Stablexcoin on March 25, 2024, 11:16:47 PM
~
I didn't come across this topic on time hence my lateness to replying this very interesting topic. I'm going to skip right through whatever any other person has said and just add my opinion because I have often advised people about this sort of situation before.

Paying money for knowledge is never a waste because by the time you spend and commit money to learning something, there is a psychological benefits that you have knowing that you have invested in it hence you must want to see the profit from your investment. Also, if some people do not pay for knowledge, they will never value it.
I can't entirely agree with you on this. When it comes to knowing something all excuses should be avoided. Whether a person pays for learning trading or not, if he is not committed to the learning he won't be progressive. Self-motivation is enough, it will trigger determination and consistency.

I think there are other ways to teach people how to trade rather than selling 10 minutes of introductory knowledge for 100 bucks. If he makes so much from trading by using the method they are teaching in the video they won't want to extort money from people who need the knowledge. What am saying in essence is that anyone can come up with a crash course online and sell it online to make money..


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: shinratensei_ on March 26, 2024, 07:20:41 AM
The benefits of investing in paid trading education may surpass what's available online. Rapid learning is essential to capitalize on bullish markets. Paid mentors can unveil many trading secrets inaccessible online. Numerous undisclosed strategies exist in trading, concealed by online deceivers who may also serve as paid influencers in certain projects.
You are right in there. If you happened to have a trading mentor that will surpass all your expectations and will open you to the realities in trading, hence you are learning more than what you paid for, or more than you can find online from those free resources. Although we might have a lot of gurus found in social media that have always been self-proclaimed traders but we don’t be needing them as much as possible, that’s why we have to DYOR first so we can come up with the real experts in trading, and it would look more legit if it’s recommended by a common acquaintance.

However, you hold the final decision. Whether you learn trading free or paid, that’s not a big deal really, because what will exactly matter is how you become after that learning process.
arguably trading mentor only effective if you know him really close, i've tried finding trading mentor back in the past and they are all about courses nothing more its always having connection to pro trader that actually did the job.
at this point I prefer to find my way into profit with investment instead of trading since I guess it requires hardwork and aptitude added with always need to keep up to date with the information.

i find it myself that demo account with learning principle and basics of investment and trading to be the most effective if someone doesn't have that connection to the pro trader so that they can be your mentor.
finding out using fake money how trading and investing works.

but there are some people that just plain fails when they are trying to learn by themselves and need some kind of course like visualization by other people to be able to learn something.
thats where the so self-proclaimed trading gurus trying to sell their course even though its all just speculation at the end of the day.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: SmartGold01 on March 26, 2024, 10:01:10 AM
Trading is not that cheap as you might think because when people said they are trader it gives the impression that one can easily learn trading within some limited space of time but as we know is not that easy, although I am not yet dip myself into trading but from the knowledge gaining through here I can be able to tell someone that trading is not that cheap and common as lot of people might seen it. If you develop yourself to be a trader then you must learn to be patient to learn even though you can use demo to trade then it will help you to build your skills and give you little guide on how you can succeed in trading.

I don't really encourage many people to go youtube to learn trading because there are lots of people who are there but doesn't know what they are doing rather they want to build their youtube channel for them to be paid while people keeps viewing their videos even if you must watch youtube videos it should be some known traders on youtube.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Questat on March 26, 2024, 02:04:47 PM
Trading is not that cheap as you might think because when people said they are trader it gives the impression that one can easily learn trading within some limited space of time but as we know is not that easy, although I am not yet dip myself into trading but from the knowledge gaining through here I can be able to tell someone that trading is not that cheap and common as lot of people might seen it. If you develop yourself to be a trader then you must learn to be patient to learn even though you can use demo to trade then it will help you to build your skills and give you little guide on how you can succeed in trading.

I don't really encourage many people to go youtube to learn trading because there are lots of people who are there but doesn't know what they are doing rather they want to build their youtube channel for them to be paid while people keeps viewing their videos even if you must watch youtube videos it should be some known traders on youtube.
I don't see watching videos is not a good idea. Of course, these YouTubers are not pro traders but as newbies, you could also get some ideas from them.
Yes, there is no instant way of learning as it takes several days and months to wait but at least, having online tutorials helps. Of course, it was different from the actual trade which is why, no matter what we do and whatever our learning resources are still, this is not an assurance for a successful and profitable trade.

We can choose the way of learning, we can pay some (friends) people to help us if we can afford it. But since we have a lot of learning resources, I don't think it was necessary. Besides, learning is a continuous process. The more we expose ourselves to actual trade, the more we gain knowledge.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Bravut on March 28, 2024, 01:59:53 AM
Trading isn't an easy process, the fact you can learn on your own doesn't mean others can do same. Paying for classes is advisable to ease your learning process and give you better understanding than struggling to learn all by yourself.
Why some of us are still struggling is because we neglected the fact of Mentorship which isn't free this days, it will also be of interest to know that most of the YouTube videos you watch Isn't up to half of what there private students are learning. Am not trying to say it's compulsory you pay but making you to understand that paying to learn will ease your journey.
It doesn't need to take 4-5yrs before one can be seen as a consistent and profitable trader, this is one of the mistakes that traders make and the sole reason some still fail, Trading isn't linked to the number of years  but the ability of you understanding and having the right approach( skill set) to react to the market. You can still be in the market over 7 years  still unprofitable but another trader with just 1 year market experience with good skill set ,edge and proper Mentorship (paid) will overtake you and become profitable than you.

I think you should lay emphasis on the need of been cautious of Influencers who don't know how to trade, and scammers in the market before paying a dime for any class.
And also the proper use of some free content available if you don't have money to pay for class.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: shinratensei_ on March 28, 2024, 03:34:00 AM
Maybe it depends on the seminar session you will attend. If the speaker is really a well-known or reputable trader, I think the price is worth it, and what will be taught is okay. But the others are just pretenders; they just wear formal business attire, and when the session comes, the teaching is not worth what they paid for.

but most of the seminars about the trading session were actually turned into business. only had a little knowledge of trading made for work. As a matter of fact, there are even more good people here in the forum who are good at explaining trading or blockchain technology, not because I am here in this forum.
couldn't agree more with this statement the people that usually creating courses, seminar and so on about trading and they require you to pay to have access to certain specialized item and things like that are no master in trading they are literally trying to find money by sweet talking people into buying their courses and so on, definitely not worth looking into.

trading is just speculation and that's it, you can have technical analysis or anything similar, that only increases the odd i firmly believe that trading seeing the pattern of the market and so on at the end of the day depends on luck and the ability to gain insight and knowledge ahead of other to get advantage of buying when the storm hasn't hit yet or selling when the storm hasn't hit yet.
that's the essence of trading.

plenty of traders out there trying to taught their "unique" way of knowing how market behaves and when the people that bought into their sweet talking tried such strategy on their own, the results are massive loss, their capital losing over the course of the time.
if any newbies eager to learn, just try trading with small money you will eventually learn at some point believe in your own capability.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Barikui1 on March 28, 2024, 06:33:14 AM
Maybe it depends on the seminar session you will attend. If the speaker is really a well-known or reputable trader, I think the price is worth it, and what will be taught is okay. But the others are just pretenders; they just wear formal business attire, and when the session comes, the teaching is not worth what they paid for.

but most of the seminars about the trading session were actually turned into business. only had a little knowledge of trading made for work. As a matter of fact, there are even more good people here in the forum who are good at explaining trading or blockchain technology, not because I am here in this forum.
couldn't agree more with this statement the people that usually creating courses, seminar and so on about trading and they require you to pay to have access to certain specialized item and things like that are no master in trading they are literally trying to find money by sweet talking people into buying their courses and so on, definitely not worth looking into.

trading is just speculation and that's it, you can have technical analysis or anything similar, that only increases the odd i firmly believe that trading seeing the pattern of the market and so on at the end of the day depends on luck and the ability to gain insight and knowledge ahead of other to get advantage of buying when the storm hasn't hit yet or selling when the storm hasn't hit yet.
that's the essence of trading.

plenty of traders out there trying to taught their "unique" way of knowing how market behaves and when the people that bought into their sweet talking tried such strategy on their own, the results are massive loss, their capital losing over the course of the time.
if any newbies eager to learn, just try trading with small money you will eventually learn at some point believe in your own capability.

I really don't think so, do you know that most of the losses most traders are having in the market is as a result of lack of proper knowledge in the craft? It's true that most of all this influencers knows nothing about trading or they are not that good as they claim, and to me, that is true but if you have been ever thought by someone that is good, bro, you will know that their is always a difference of learning it yourself and learning it from someone that actually know the craft.

And another thing most traders have failed to understand is that when you don't have someone that knows the craft to teach you, their are so many things you wouldn't know, something like knowing when to stay off the market,  something like identifying support and resistance and many more, but too me, it's very important you learn from someone that knows the craft, instead of fooling yourself with your money and be losing your hard earned money,  because in this life, before you go into anything, the first thing that should be done is to seek knowledge first, then the rest is secondary.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: rodskee on March 28, 2024, 09:18:48 AM
Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
attending conference is also need to spend  gas and sometimes they are asking for
membership fee, and also Mentorship there is no free mentorship now so we need topay them
as well so there is a expenses .

but the last part is what I think we all need to attain , because practice makes us perfect.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Lantind on March 28, 2024, 09:42:23 AM
Maybe it depends on the seminar session you will attend. If the speaker is really a well-known or reputable trader, I think the price is worth it, and what will be taught is okay. But the others are just pretenders; they just wear formal business attire, and when the session comes, the teaching is not worth what they paid for.

but most of the seminars about the trading session were actually turned into business. only had a little knowledge of trading made for work. As a matter of fact, there are even more good people here in the forum who are good at explaining trading or blockchain technology, not because I am here in this forum.
It is true that this really depends on the seminar we are going to attend and we also have to see whether those attending the seminar really have a good track record in the field of trading because if we are wrong in choosing the seminar, of course there will be some people who only look like what you mentioned and they only seek profit from the seminars they create.
Yes, we will get more information about trading on this forum and many will be able to explain it more clearly and we will also be able to ask them directly.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Strongkored on March 28, 2024, 03:16:14 PM
Paying for a course to learn trading will make us spend more money, the results may be better because sometimes learning by yourself with all the resources available on the internet is not as easy as imagined but it depends on the ability of each trader if you can become more skilled at tradingonly learn from sources on the internet then do it, but otherwise, you have to be willing to spend money, because learning directly, for example face to face, will make it easier for us to ask questions when there is something we don't understand, but for those with very minimal trading capital, it is better to use free methods to become skilled in trading so that the existing money can be fully used as trading capital.

Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.
and I agree that if someone promises that they will make a profit in a certain period, it is a lie because it is still possible for an expert to experience losses, only they can handle these losses well.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: bettercrypto on March 28, 2024, 05:18:14 PM
But this time it is foolish to expect anything for free you have to train with money then you can do better.
That is the n stage of all processes, it would be foolish if you skipped some of the learning processes that you should have gone through first. Anyway, the essence of this topic, instead of wasting money on paid course, it is better to use it for initial caps of the real trading.
I do agree that spending your money on initial trading moves would make more sense. I mean there are free resources that you can use, and you may learn from them and after you learned enough then you can use the same capital for trading and if you do well then that means you learned, and if you do badly then you can go back and learn some more. That way, you are still spending the same amount of money but at least this one gives you a chance to make a profit, I believe that's quite an important difference.

It is quite important to make money when you know what you are doing, and for you to know what you are doing you should be learning as much as you can, for months if you have to, do not start before you are certain you know it all.

I believe what you are saying; there are many trading courses that are free, and we can get ideas without spending any money. Which is not like others who have to pay for seminars and then what will be taught is only basic or verbal.

I've watched a lot of things on YouTube that I can tell if I've learned anything, and the others I'm going back and forth on because, when I analyze them, their explanations are true.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: tottong on March 28, 2024, 08:05:55 PM
Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.

There are many sources that can be studied independently for trading issues, but not everyone has the same abilities. So you need a mentor to learn trading and they have to pay to get knowledge about it
Trading is not easy to learn and maybe people think that two months will give them the technical knowledge to learn and after that they can improve their trading skills by engaging in it.

To avoid the risk of loss people can try with small trades first and they can immediately gain trading experience. After their skills improve, they can increase their trading slowly because they already have experience.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Russlenat on March 28, 2024, 11:59:11 PM
Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.

There are many sources that can be studied independently for trading issues, but not everyone has the same abilities. So you need a mentor to learn trading and they have to pay to get knowledge about it
Trading is not easy to learn and maybe people think that two months will give them the technical knowledge to learn and after that they can improve their trading skills by engaging in it.

To avoid the risk of loss people can try with small trades first and they can immediately gain trading experience. After their skills improve, they can increase their trading slowly because they already have experience.
Trading is not just focused on learning theories and methodology but it’s more on application and skills development. If you fail to do that, you will never be a reliable trader. This is why mentors are here to guide those beginner traders to practice and develop their skills as a trader, which I think is certainly hard to develop just by reading all those resources in trading. The trading market is still different compared when you are looking it at some of your videos and reading resources, trading will be more enhance with consistent trading practice in the market.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Webetcoins on March 29, 2024, 04:35:03 PM
Learning trading for free is not impossible, it's something that can be done and we should just consider that as the normal usual case. I get that it is not going to be that easy, but just let it be and we could make it work one way or another.

I personally believe that paying to learn is not terrible neither, that's an option that people could consider, specially if they have money to spend on learning, some people could spend 500 dollars for a elite level class and learn it that way, some can't even afford spending fifty bucks on it, it is that easy. That's why we should consider both as an option, you can spend money and learn that way, or you could just not earn any money and work that way too, it works both ways anyway.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Bushdark on March 29, 2024, 05:01:17 PM
Learning trading for free is not impossible, it's something that can be done and we should just consider that as the normal usual case. I get that it is not going to be that easy, but just let it be and we could make it work one way or another.

I personally believe that paying to learn is not terrible neither, that's an option that people could consider, specially if they have money to spend on learning, some people could spend 500 dollars for a elite level class and learn it that way, some can't even afford spending fifty bucks on it, it is that easy. That's why we should consider both as an option, you can spend money and learn that way, or you could just not earn any money and work that way too, it works both ways anyway.
I just don't know why everyone thinks they can learn trading for free. It is very important for us to pay to learn something so that we can get the best information and utilize it properly in a way that would be more beneficial to us. We should not always look for free things because that is where the problem do start most time. We should be ready to pay for information we are getting especially if they are going to be beneficial to us earning more from the market. We can learn for free but that might not worth our time because it's going to be random and not actual.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Alpha Marine on March 29, 2024, 10:43:23 PM
To me, paying somebody to teach you trading is not a bad thing, the issue comes with paying scams. People who promise you to be experts in trading after 2 weeks or 2 months.
I see a lot of people going about scamming people in the name of teaching them trading. People should be able to identify when something or somebody is not genuine

Personally, I prefer a paid one. Not because you can't learn for free, but if you pay to the to a genuine teacher, they'll lead you in what YouTube channels to follow, and what podcast to take seriously, and they can also be your mentor. As I always say, trading is a learning-on-the-job type of skill. When you've learned the basics and have understood everything, a big load of the job rests on you. You get better with experience and with your zeal to learn and get better.

If you want to learn trading, I wouldn't advise anybody not to pay. My only advice would be to make sure you pay the right person because there are a lot of scams out there.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: atookz on March 30, 2024, 08:05:30 AM
I know knowledge is not free anymore. We humans have monetized knowledge that if someone without the knowledge wants to learn he has to pay handsomely for it. Many persons are eager to learn how to trade and bad luck has fallen into the hands of liars and tricksters who take money promising to teach these people online. We don't need to pay anybody to learn how to trade, we can do that for free. After all the only thing they would teach online about trading is the theory aspect and then the section is over. There are various resources on the internet especially YouTube that you can start learning from there until you are familiar with trading.

Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.

Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
Yes, I have also paid to learn trading. They just talk about theories that I think can be found on the internet. The learning material does not have any weight or useful knowledge, when finished they do not help or teach you to start trading directly. And some also encourage people to buy certain products without giving specific reasons or techniques, it seems like they are being paid to promote them.

We have to be more careful in choosing them, because we learn trading by paying so they have to be good mentors and able to guide us directly into trading. Especially if we experience problems, they must be able to help solve them, this will definitely require a process. Paying won't be a problem if you have the right person who is able to provide knowledge.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Huppercase on March 30, 2024, 04:21:00 PM
Personally, I prefer a paid one. Not because you can't learn for free, but if you pay to the to a genuine teacher, they'll lead you in what YouTube channels to follow, and what podcast to take seriously, and they can also be your mentor. As I always say, trading is a learning-on-the-job type of skill. When you've learned the basics and have understood everything, a big load of the job rests on you. You get better with experience and with your zeal to learn and get better.

If you want to learn trading, I wouldn't advise anybody not to pay. My only advice would be to make sure you pay the right person because there are a lot of scams out there.

Paying to learn doesn't mean you will get a quality teacher, what I think paying to acquire knowledge does is that it help you value what you are trying to achieved. For example, you want to learn about trading and you went to YouTube to get basic things from videos, if you are a kind of person that loves procrastinating, you will probably spend entire month learning just from one video but had it been you bought that course probably from Patron or Udemy, you will be eager to see what you paie for and you will want to learn from the value of your money.

Paid cource also gives you some important information you might not get for free because the person making the video might limit some information but if it's were to be a content you paid for, the teacher will take his time to give you all you need because he will want to satisfy and wouldn't want to disappoint you so that when he brings more content for sale, you wouldn't hesitate to patronized him.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Mahanton on March 30, 2024, 04:59:05 PM
Personally, I prefer a paid one. Not because you can't learn for free, but if you pay to the to a genuine teacher, they'll lead you in what YouTube channels to follow, and what podcast to take seriously, and they can also be your mentor. As I always say, trading is a learning-on-the-job type of skill. When you've learned the basics and have understood everything, a big load of the job rests on you. You get better with experience and with your zeal to learn and get better.

If you want to learn trading, I wouldn't advise anybody not to pay. My only advice would be to make sure you pay the right person because there are a lot of scams out there.

Paying to learn doesn't mean you will get a quality teacher, what I think paying to acquire knowledge does is that it help you value what you are trying to achieved. For example, you want to learn about trading and you went to YouTube to get basic things from videos, if you are a kind of person that loves procrastinating, you will probably spend entire month learning just from one video but had it been you bought that course probably from Patron or Udemy, you will be eager to see what you paie for and you will want to learn from the value of your money.

Paid cource also gives you some important information you might not get for free because the person making the video might limit some information but if it's were to be a content you paid for, the teacher will take his time to give you all you need because he will want to satisfy and wouldn't want to disappoint you so that when he brings more content for sale, you wouldn't hesitate to patronized him.
Lucky for you if you would be able to get a quality teacher but actually its impossible that you wont really be able to notice it out because on the time that you would really be deciding to make some payment then you would really be trying out to see whether he's really that reputable or well known kind of guru. Also, you could really be able to observe someones expertise on the time that you would really be having that kind of assessment.
We do know or its just a normal act to be done for someone to be that vigilant specially if you are already trying out to spend into something but it is really just that better and practical if you are really just that trading on your own on which all the possible things that you could really be able to learn and check it out.

We do know that there are things which are really that needing up for you to research for you to be able to learn and there are ones who are really that might be helpful into your
path along the way on which this would really be something that relevant on your part on your learning.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: WatChe on March 30, 2024, 05:36:26 PM
I believe what you are saying; there are many trading courses that are free, and we can get ideas without spending any money. Which is not like others who have to pay for seminars and then what will be taught is only basic or verbal.

I've watched a lot of things on YouTube that I can tell if I've learned anything, and the others I'm going back and forth on because, when I analyze them, their explanations are true.

There is no harm in going for courses that are freely available over internet. Such courses may give you some useful points that can help you in trading over period of time. Trading or investment is about creating a strategy that can guide you throughout your journey and this strategy must be developed by your own mind. It's best to train your mind through different techniques i.e. by doing actual trading, watching online courses etc. The sooner your mind is trained, better it is for your future investment/trading.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Natsuu on March 31, 2024, 07:40:18 AM
Personally, I prefer a paid one. Not because you can't learn for free, but if you pay to the to a genuine teacher, they'll lead you in what YouTube channels to follow, and what podcast to take seriously, and they can also be your mentor. As I always say, trading is a learning-on-the-job type of skill. When you've learned the basics and have understood everything, a big load of the job rests on you. You get better with experience and with your zeal to learn and get better.

If you want to learn trading, I wouldn't advise anybody not to pay. My only advice would be to make sure you pay the right person because there are a lot of scams out there.

Paying to learn doesn't mean you will get a quality teacher, what I think paying to acquire knowledge does is that it help you value what you are trying to achieved. For example, you want to learn about trading and you went to YouTube to get basic things from videos, if you are a kind of person that loves procrastinating, you will probably spend entire month learning just from one video but had it been you bought that course probably from Patron or Udemy, you will be eager to see what you paie for and you will want to learn from the value of your money.

Paid cource also gives you some important information you might not get for free because the person making the video might limit some information but if it's were to be a content you paid for, the teacher will take his time to give you all you need because he will want to satisfy and wouldn't want to disappoint you so that when he brings more content for sale, you wouldn't hesitate to patronized him.

And you can buy the most profitable system or the best coach and mentor but still you won't be profitable. On the other hands, there are people on the other side of the country that only learn on youtube yet thay are already profitable.

Because in trading, experience is what you need and the system is the one you make and integrate to yourself. Coaches and courses can only speed up your process but they won't guarantying you to make money especially if you are not putting in the work that is necessary for trading success. It's a personal development journey you are submitting.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: tottong on April 01, 2024, 04:18:41 PM
Trading is not just focused on learning theories and methodology but it’s more on application and skills development. If you fail to do that, you will never be a reliable trader. This is why mentors are here to guide those beginner traders to practice and develop their skills as a trader, which I think is certainly hard to develop just by reading all those resources in trading. The trading market is still different compared when you are looking it at some of your videos and reading resources, trading will be more enhance with consistent trading practice in the market.

I have said this because trading is not only learned at one level, because trading will be much more experienced when people can improve their skills by engaging in it. Mentors and learning are really needed because with knowledge people can improve their skills slowly.
Beginners who rely on their own abilities will find it much more difficult to develop when they don't have many references regarding trading because a person's abilities will definitely vary.
To practice trading better people need knowledge about trading and the methods can be different. If people dare to take risks, being directly involved in trading by combining knowledge will improve their trading skills much more quickly.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: GeorgeJohn on April 01, 2024, 11:39:38 PM
I know knowledge is not free anymore. We humans have monetized knowledge that if someone without the knowledge wants to learn he has to pay handsomely for it. Many persons are eager to learn how to trade and bad luck has fallen into the hands of liars and tricksters who take money promising to teach these people online. We don't need to pay anybody to learn how to trade, we can do that for free. After all the only thing they would teach online about trading is the theory aspect and then the section is over. There are various resources on the internet especially YouTube that you can start learning from there until you are familiar with trading.
there's something I want to let you know what you don't mean you don't know it even though you learn from the best app from internet you will not stay understand it because nobody have gist you the functions and applications of trading it is better for you to learn manual in Trading and update yourself with online tutorials like learning from YouTube video and they also download some of the PDF articles that will uplift your understanding in Trading but it did not necessarily mean that someone who does not know the foundation or does not know how hard trading is all about, you can't come and gather the knowledge of trading through online tutorials and also mastered trading perfectly without experiencing or undergoes manual training of trading.

Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.
I tend to agree with this, it takes years before you consider be a good trader, I wouldn't say professional because as I see, there's no professional in trading.  But it depends on your dedication to learn in trading, like any skill, becoming proficient at trading requires time and dedication.  The more time you can commit to studying and practicing trading, the faster you're likely to progress.

Quote
Let me work you through this step I am using to be a professional trader
You can also add this.
  • Demo trading on exchange
  • Find a forum or a community like this
it is obvious that your commitment in thread them matters a lot, basically it is obvious that your seriousness will determine your goals and in Trading what matters a lot is your commitment and they are engagement to facilitate the understandings of trading personal, so what I'm saying is that without someone giving you the primary insight of trading you cannot understand it through online tutorials, understanding trading is being a strategized trader who will not experience a huge loss in terms of threading but whoever that land how to trade through online or internet kind of  lecturing of trading will not know the risk measures or how to overcome a risk in Trading so there must be a different between someone who is in classroom to learn how to trade and someone who learned how to trade through a tutorial video.

Trading is not just focused on learning theories and methodology but it’s more on application and skills development. If you fail to do that, you will never be a reliable trader. This is why mentors are here to guide those beginner traders to practice and develop their skills as a trader, which I think is certainly hard to develop just by reading all those resources in trading. The trading market is still different compared when you are looking it at some of your videos and reading resources, trading will be more enhance with consistent trading practice in the market.

I have said this because trading is not only learned at one level, because trading will be much more experienced when people can improve their skills by engaging in it. Mentors and learning are really needed because with knowledge people can improve their skills slowly.
Beginners who rely on their own abilities will find it much more difficult to develop when they don't have many references regarding trading because a person's abilities will definitely vary.
To practice trading better people need knowledge about trading and the methods can be different. If people dare to take risks, being directly involved in trading by combining knowledge will improve their trading skills much more quickly.
even though you are an encyclopedian or master of a Wikipedia you must to have a good mentor that will Direct you and the channel you on what to do trading before you can become a perfect Trader, does do not deceive ourselves here how many of us can be proud of itself by learning trading through internet without someone explain some particular point of trading to the person, we are 50% about 45% learn trading through manual, the only thing I know is that when you start trading and you continue to do it consistently that will make you to understand more and know how to skip some point of loss during the time of trading.

I believe what you are saying; there are many trading courses that are free, and we can get ideas without spending any money. Which is not like others who have to pay for seminars and then what will be taught is only basic or verbal.

I've watched a lot of things on YouTube that I can tell if I've learned anything, and the others I'm going back and forth on because, when I analyze them, their explanations are true.

There is no harm in going for courses that are freely available over internet. Such courses may give you some useful points that can help you in trading over period of time. Trading or investment is about creating a strategy that can guide you throughout your journey and this strategy must be developed by your own mind. It's best to train your mind through different techniques i.e. by doing actual trading, watching online courses etc. The sooner your mind is trained, better it is for your future investment/trading.
to acquire the best strategic way of trading is through having a cause of trading manually not through internet, so I'm off the opinion that for me to understand trading perfectly you must have a mentor who knows the rules and the regulation of trading who has already experience both profit and loss in Trading, we should not keep all our hope of understanding trading without going manual training..if its simple to understand we wouldn't have gone to university to study our course, then we would have been at home and study perfectly.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: tottong on April 02, 2024, 03:55:13 PM
even though you are an encyclopedian or master of a Wikipedia you must to have a good mentor that will Direct you and the channel you on what to do trading before you can become a perfect Trader, does do not deceive ourselves here how many of us can be proud of itself by learning trading through internet without someone explain some particular point of trading to the person, we are 50% about 45% learn trading through manual, the only thing I know is that when you start trading and you continue to do it consistently that will make you to understand more and know how to skip some point of loss during the time of trading.

That's true because without a mentor we will learn autodidact so it won't provide a much better understanding of trading. A trader needs several mentors to improve trading skills, although sometimes we can train trading ourselves with direct involvement in trading.
Without consistency, trading will be very boring, especially if we often experience losses. Trading requires mental readiness because we will be faced with problems that will occur.
Without the right knowledge and without having an experienced mentor, it will be much more difficult for us to reach a good level of ability in trading.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: lixer on April 07, 2024, 03:39:42 PM
I believe what you are saying; there are many trading courses that are free, and we can get ideas without spending any money. Which is not like others who have to pay for seminars and then what will be taught is only basic or verbal.

I've watched a lot of things on YouTube that I can tell if I've learned anything, and the others I'm going back and forth on because, when I analyze them, their explanations are true.
There is no harm in going for courses that are freely available over internet. Such courses may give you some useful points that can help you in trading over period of time. Trading or investment is about creating a strategy that can guide you throughout your journey and this strategy must be developed by your own mind. It's best to train your mind through different techniques i.e. by doing actual trading, watching online courses etc. The sooner your mind is trained, better it is for your future investment/trading.
One shouldn't be in a hurry to learn. Trading is not something that can be learned quickly, and one needs to give it enough time to learn everything properly and be able to grasp all the ideas and everything because knowledge is the first step when someone gets into trading. Without knowledge, a person can barely get success in this industry because trading is not like gambling where you can rely on your luck to make you win trades randomly.

Indeed, one doesn't necessarily have to buy and use paid courses because almost everything these days is available on the internet and one can access all the knowledge and information for free without having to pay anyone a penny, it's all about how much dedication one can show.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: jrrsparkles on April 09, 2024, 04:05:39 PM
When someone is promising of anything then they are trying to lure people just to make money. I do agree that you don't have to pay anything to learn but it's limited and even in YouTube most users ask to take the subscription courses to view the playlist. What we can do is to learn the basics from the online via YouTube, forums, blogs and try everything on the demo account.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: EarnOnVictor on April 09, 2024, 05:44:27 PM
But this time it is foolish to expect anything for free you have to train with money then you can do better.
That is the n stage of all processes, it would be foolish if you skipped some of the learning processes that you should have gone through first. Anyway, the essence of this topic, instead of wasting money on paid course, it is better to use it for initial caps of the real trading.
I do agree that spending your money on initial trading moves would make more sense. I mean there are free resources that you can use, and you may learn from them and after you learned enough then you can use the same capital for trading and if you do well then that means you learned, and if you do badly then you can go back and learn some more. That way, you are still spending the same amount of money but at least this one gives you a chance to make a profit, I believe that's quite an important difference.

It is quite important to make money when you know what you are doing, and for you to know what you are doing you should be learning as much as you can, for months if you have to, do not start before you are certain you know it all.

I believe what you are saying; there are many trading courses that are free, and we can get ideas without spending any money. Which is not like others who have to pay for seminars and then what will be taught is only basic or verbal.

I've watched a lot of things on YouTube that I can tell if I've learned anything, and the others I'm going back and forth on because, when I analyze them, their explanations are true.
That is it, bro, you should just put 2+2 together to get the whole impact in you for free, that's wisdom. It wasn't as easy as today when I started trading about 2 decades ago, but I was determined that I would never pay a dime to anyone for trading, and here am I today. I am very equipped with trading knowledge, it is all about your determination, self-belief and the regular training you had. I started by gathering e-books and printed ones, I read them for a whole year before I started the demo trading. This was the main part since it's practical, even though I had the worst days in trading, but I never let go.

What helped me further was some forum activities of some brokers where free bonuses would be given to train and trade by participating in the forum. I did that for many years and I must say that it was positive in both the aspect of earning money through the bonus and also in the aspect of impacting more experience in trading. In between, I met a lot of renowned world traders, I mean those who trade for brokers, banks etc. I was blessed with some knowledge through them even as I attended enough seminars and webinars, but all for free. Now, I can boldly say that I learned how to trade without a simple penny giving out, and really, I am a very good type.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Hamphser on April 09, 2024, 06:13:01 PM
I believe what you are saying; there are many trading courses that are free, and we can get ideas without spending any money. Which is not like others who have to pay for seminars and then what will be taught is only basic or verbal.

I've watched a lot of things on YouTube that I can tell if I've learned anything, and the others I'm going back and forth on because, when I analyze them, their explanations are true.
There is no harm in going for courses that are freely available over internet. Such courses may give you some useful points that can help you in trading over period of time. Trading or investment is about creating a strategy that can guide you throughout your journey and this strategy must be developed by your own mind. It's best to train your mind through different techniques i.e. by doing actual trading, watching online courses etc. The sooner your mind is trained, better it is for your future investment/trading.
One shouldn't be in a hurry to learn. Trading is not something that can be learned quickly, and one needs to give it enough time to learn everything properly and be able to grasp all the ideas and everything because knowledge is the first step when someone gets into trading. Without knowledge, a person can barely get success in this industry because trading is not like gambling where you can rely on your luck to make you win trades randomly.

Indeed, one doesn't necessarily have to buy and use paid courses because almost everything these days is available on the internet and one can access all the knowledge and information for free without having to pay anyone a penny, it's all about how much dedication one can show.
Hurrying up yourself would really be just that leading into disaster or tons of mistakes because it would really be just that making yourself that been impatient will really be that leading into missing out tons of things
that you should really be gonna need to learn and not really that something that you will really be that trying out to fast track. Trading or any other things that talks about making money shouldnt really be taken up that lightly or having that confidence because it will really be taking up some time for you to be able to learn up those things in the right manner. Its true that it is really that somewhat pointless or such a waste that you would really be paying up something to learn which you could eventually be able learn up for free. It is really just that people are way that too lazy on learning up things and this is why they would really be willing to pay up for some shortcuts.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Mahanton on April 09, 2024, 06:43:09 PM
I believe what you are saying; there are many trading courses that are free, and we can get ideas without spending any money. Which is not like others who have to pay for seminars and then what will be taught is only basic or verbal.

I've watched a lot of things on YouTube that I can tell if I've learned anything, and the others I'm going back and forth on because, when I analyze them, their explanations are true.
There is no harm in going for courses that are freely available over internet. Such courses may give you some useful points that can help you in trading over period of time. Trading or investment is about creating a strategy that can guide you throughout your journey and this strategy must be developed by your own mind. It's best to train your mind through different techniques i.e. by doing actual trading, watching online courses etc. The sooner your mind is trained, better it is for your future investment/trading.
One shouldn't be in a hurry to learn. Trading is not something that can be learned quickly, and one needs to give it enough time to learn everything properly and be able to grasp all the ideas and everything because knowledge is the first step when someone gets into trading. Without knowledge, a person can barely get success in this industry because trading is not like gambling where you can rely on your luck to make you win trades randomly.

Indeed, one doesn't necessarily have to buy and use paid courses because almost everything these days is available on the internet and one can access all the knowledge and information for free without having to pay anyone a penny, it's all about how much dedication one can show.
Hurrying up yourself would really be just that leading into disaster or tons of mistakes because it would really be just that making yourself that been impatient will really be that leading into missing out tons of things
that you should really be gonna need to learn and not really that something that you will really be that trying out to fast track. Trading or any other things that talks about making money shouldnt really be taken up that lightly or having that confidence because it will really be taking up some time for you to be able to learn up those things in the right manner. Its true that it is really that somewhat pointless or such a waste that you would really be paying up something to learn which you could eventually be able learn up for free. It is really just that people are way that too lazy on learning up things and this is why they would really be willing to pay up for some shortcuts.
Yes, this is actually true on which you could really be able to learn up trading on free method or way because everything could really be seen and could really be searched up on the internet.
It is really just that indeed depending on a particular person on how he would really be making out those research and would really be having that kind of effort or hardwork on learning something.
It doesnt really cost you an arm and leg for you to be able to obtain those informations that you would really be needing for you to learn up trading.

Just like you have said that it is really that truly such a waste of money for you to pay up something which you can actually get it for free.
Its true that people are really just that loving on having that kind of shortcut in life and doesnt really like to pass any hardship and this is why they would really be trying out to handle everything
for money as much as possible.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Hypnosis00 on April 09, 2024, 08:54:17 PM
Well, learning how to trade is not quite expensive nor do we need to spend a lot of money since we can learn it online. Indeed, it is right but the point here is that if there is another way to learn it by paying a reputable person who can guide us until we gain enough knowledge and skills, that is still a good idea as long as we can afford to pay them. It was not a problem whether we had to spend some money on this because the most important is that we get what we want to happen or reach our main goal at the end of the session.

Honestly, not all the things we found on the internet or YT are good enough. As for me, it would still be better if someone would accompany me personally rather than just relying on videos and theories.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Bravut on April 09, 2024, 08:54:28 PM
I believe what you are saying; there are many trading courses that are free, and we can get ideas without spending any money. Which is not like others who have to pay for seminars and then what will be taught is only basic or verbal.

I've watched a lot of things on YouTube that I can tell if I've learned anything, and the others I'm going back and forth on because, when I analyze them, their explanations are true.
There is no harm in going for courses that are freely available over internet. Such courses may give you some useful points that can help you in trading over period of time. Trading or investment is about creating a strategy that can guide you throughout your journey and this strategy must be developed by your own mind. It's best to train your mind through different techniques i.e. by doing actual trading, watching online courses etc. The sooner your mind is trained, better it is for your future investment/trading.
One shouldn't be in a hurry to learn. Trading is not something that can be learned quickly, and one needs to give it enough time to learn everything properly and be able to grasp all the ideas and everything because knowledge is the first step when someone gets into trading. Without knowledge, a person can barely get success in this industry because trading is not like gambling where you can rely on your luck to make you win trades randomly.

Indeed, one doesn't necessarily have to buy and use paid courses because almost everything these days is available on the internet and one can access all the knowledge and information for free without having to pay anyone a penny, it's all about how much dedication one can show.
Hurrying up yourself would really be just that leading into disaster or tons of mistakes because it would really be just that making yourself that been impatient will really be that leading into missing out tons of things
that you should really be gonna need to learn and not really that something that you will really be that trying out to fast track. Trading or any other things that talks about making money shouldnt really be taken up that lightly or having that confidence because it will really be taking up some time for you to be able to learn up those things in the right manner. Its true that it is really that somewhat pointless or such a waste that you would really be paying up something to learn which you could eventually be able learn up for free. It is really just that people are way that too lazy on learning up things and this is why they would really be willing to pay up for some shortcuts.

Practically anyone can learn anything from Internet in this digital era. We must understand the fact that everyone learns in a different manner, it doesn't mean because you can learn by yourself others can do same.
As I have said earlier if you can learn and assimilated by yourself carry on if you can't look for paid Mentorship or course with proven results and learn, the truth stands Mentorship helps you in the trading journey and shades you from much noise. Trading isn't easy as a beginner,possibly hard to determine where to start or how to go about it because of various and diverse approaches in the market which is also available on the Internet .

It sounds dumb to me, that we assume because someone pays for course or Mentorship it implies the person is  lazy,  he/she is learning from experience of someone. We can't lie to ourselves that those who undergo Mentorship are not sound. What is short-cut?
I pay to learn is it short-cut, for knowledge I don't have, so because it's free online and i decide to pay it means those who learn through free content are following the right track and not short-cut.

It's a matter of decision which is subjective to any individual. You choose between the available option. Those who also offer free contents have paid courses, the truth is free content are tips and doesn't reveal to detail majority of it believe me or not.



Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Dewi Aries on April 09, 2024, 09:24:29 PM
Actually everyone can learn on their own without having to spend money like private lessons with professional mentors because obviously it will cost you a lot of money to pay them because on the other hand there is no guarantee that you will really be able to become a successful trader with their guidance. Every trader who has managed to achieve success in the world of trading they have their own way of trading or looking for profits without dependence on others, meaning they have all the understanding and knowledge from their own experience when they process and not from dependence on other parties.

Every beginner is required to know about all things related to the world of trading, especially in terms of preparation such as knowing that a trader must have good planning, time and money management, have risk management, self-control or the ability to control themselves and have money as capital, but all of this you can find out for yourself by looking for information from several sources of reperence such as for example on social media or on YouTube because there are already quite a lot of people - people especially professionals who share about things that a beginner must prepare when he wants to become a trader, meaning you can do it yourself. As I said above that every trader has their own way of making a profit and maybe you have heard or even felt that when you try the strategies of other traders who are even experts sometimes the strategy does not work or does not make a profit when we try it, meaning that every trader who has been successful they have their own formula or recipe in turning decisions into profits.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Bravut on April 10, 2024, 05:10:35 PM
Actually everyone can learn on their own without having to spend money like private lessons with professional mentors because obviously it will cost you a lot of money to pay them because on the other hand there is no guarantee that you will really be able to become a successful trader with their guidance. Every trader who has managed to achieve success in the world of trading they have their own way of trading or looking for profits without dependence on others, meaning they have all the understanding and knowledge from their own experience when they process and not from dependence on other parties.

Every beginner is required to know about all things related to the world of trading, especially in terms of preparation such as knowing that a trader must have good planning, time and money management, have risk management, self-control or the ability to control themselves and have money as capital, but all of this you can find out for yourself by looking for information from several sources of reperence such as for example on social media or on YouTube because there are already quite a lot of people - people especially professionals who share about things that a beginner must prepare when he wants to become a trader, meaning you can do it yourself. As I said above that every trader has their own way of making a profit and maybe you have heard or even felt that when you try the strategies of other traders who are even experts sometimes the strategy does not work or does not make a profit when we try it, meaning that every trader who has been successful they have their own formula or recipe in turning decisions into profits.


Learning from someone isn't dependence Mate, Just like you paying school fees for a course isn't you being dependent on your Teacher. I know anyone can learn anything but there is what we call coordination in a Learning process, where you have to learn the right thing at the right time.

You can only have only build your system when you have already gotten a sound and solid knowledge, a beginner can't build a system by watching YT video believe me or not. After the actual process then you have your edge and how you view the market. We can't lie about the fact that its really hectic to start as a beginner without guidance from someone, most of us that went through same process will not want to pass through again.

In essence let us not make it sound like those who are paying ain't serious. In the world of trading everything works for those who put efforts to understand. There you have your own experience and story to tell.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: tygeade on April 11, 2024, 02:31:23 PM
Paying to "learn" is okay in my book, it is paying to learn what they should buy that makes no sense to me. I get that some people do not want to make the research themselves and that's why they end up paying others so they could be told which coin to buy and which coin to sell etc etc but the reality is that it wouldn't be smart to do something like that.

I believe that the best thing to do would be just focusing on how you could end up with a greater return if you know what you are doing yourself. That means, you need to learn how to figure out what to buy yourself, and if you want to pay to learn that part then I am fine with that, there are many great free resources as well so you do not have to, but definitely learn it yourself.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Bushdark on April 11, 2024, 04:42:56 PM
When someone is promising of anything then they are trying to lure people just to make money. I do agree that you don't have to pay anything to learn but it's limited and even in YouTube most users ask to take the subscription courses to view the playlist. What we can do is to learn the basics from the online via YouTube, forums, blogs and try everything on the demo account.
We need to be wise especially for the newbies that are aspiring to learn how to trade. It is very good we search online for classes one can join to learn about trading. To pay for classes learning about trading is a good endeavor also we need to be wise to learn from an academy not from a single person that have claimed to have learnt about trading ready to teach others asking for huge amount of money and fee. It will be wise we ask questions that will help us to get what we want about trading so we can learn with ease and start trading on our own.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Baki202 on April 12, 2024, 04:11:49 PM
Learning trading for free is not impossible, it's something that can be done and we should just consider that as the normal usual case. I get that it is not going to be that easy, but just let it be and we could make it work one way or another.
there is a lot of information online and what you want to learn is personal. When that decision is made, it is never easy but those that are determined are the ones that will graduate personally from trading, and if it is trading, there are a lot of ways to make it work. If you want to make money, then you should be ready to make it work. It is not like you will give yourself a choice and that is what dedicated traders do.

Trading is not as difficult as people think and if it is about jobs trading is less stressful and pays more than some actual jobs but people still feel lazy to actually read and learn and that is like the simplest thing to do when you want to make money.

I personally believe that paying to learn is not terrible neither, that's an option that people could consider, specially if they have money to spend on learning, some people could spend 500 dollars for a elite level class and learn it that way, some can't even afford spending fifty bucks on it, it is that easy. That's why we should consider both as an option, you can spend money and learn that way, or you could just not earn any money and work that way too, it works both ways anyway.

i also agree with you that paying to learn is absolutely not a bad thing but make sure who you are paying to is legit, so that you wont go and pay and not learn anything that is the problem, the kind of money does guys charge to learn is huge so instead of paying that huge amount of money you can at the same time just invest it. if anyone is capable of paying and still have money to invest then it wont be a bad idea. but why collect that huge amount of money for something you learn for free. it is not nice in fact you want to learn I wont collect any money from you.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Yukyzu on April 12, 2024, 05:42:19 PM
We need to be wise especially for the newbies that are aspiring to learn how to trade. It is very good we search online for classes one can join to learn about trading. To pay for classes learning about trading is a good endeavor also we need to be wise to learn from an academy not from a single person that have claimed to have learnt about trading ready to teach others asking for huge amount of money and fee. It will be wise we ask questions that will help us to get what we want about trading so we can learn with ease and start trading on our own.
Every person who has just started to enter trading, of course they must be able to learn so that they can trade well and profitably for them, looking for online learning classes is of course a legal thing to do, but they must first analyze whether online learning classes are available. What we will choose to learn trading really has a good history or can make someone successful in the trading they do, because if we choose the wrong online learning class, of course it will be in vain and just waste money and this is really very detrimental for those of us who have spent money and did not gain knowledge about trading properly.

When beginners try to trade, of course they must be able to try with funds that they can afford to bear the possible losses they will experience on their first try, because if they continue to try with large capital and they fail at trading, of course this will make them no longer continue trading and will no longer study it because they have experienced big losses, but with a little capital of course they will be able to correct the mistakes they made and try trading again.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Viscore on April 12, 2024, 09:58:41 PM
Paying to "learn" is okay in my book, it is paying to learn what they should buy that makes no sense to me. I get that some people do not want to make the research themselves and that's why they end up paying others so they could be told which coin to buy and which coin to sell etc etc but the reality is that it wouldn't be smart to do something like that.

I believe that the best thing to do would be just focusing on how you could end up with a greater return if you know what you are doing yourself. That means, you need to learn how to figure out what to buy yourself, and if you want to pay to learn that part then I am fine with that, there are many great free resources as well so you do not have to, but definitely learn it yourself.
I would also prefer to pay as long as it’s worth the money. But if you think spending would be not ideal for you, then you can have all the free resources online that are worth to read and explore. Besides, you don’t have to rush in trading, so take time in learning all the basics and once you decide to trade with real account, that’s where your knowledge and skills will be developed and enhanced more.

Set your own preference to maximize learning in trading. No one will judge you for that. The important thing is you learn the do’s and don’ts in trading which will help you limit your losses and maximize your trading gains and profits.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Bobrox on April 13, 2024, 04:05:46 PM
In my country Indonesia, has one community too excited with trading signal group and most of them paid almost $600 to $1k for joining their telegram channel with nonsense update about accurate signal.
I don't know how crazy want to spend more than $600 to get nonsense signal trading without 30% accurate behind most of their coins recommended to buy dropping drastically more than 70% since first time publishing to buy. The owner of this signal paid group always showoff with his profitable earn and too risk that signal recommended with future trading, I think stop waste money for paying signal trading most of their coins recommended never accurate above 60%.
Almost all altcoins recommended get crash and make research by your self without depend on the bad telegram signal group.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: macson on April 13, 2024, 08:24:25 PM
snip

Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
i really laughed when i found out that there are still many people who are willing to spend hundreds or even thousands of dollars just to join a trading seminar even though the knowledge shared there can be obtained easily on the internet today or directly by meeting a trusted personal mentor.  Learning autodidactically on YouTube is very good, but it's even better and more effective if you learn directly from a trusted mentor, who already has experience and a good reputation in trading.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: AnonBitCoiner on April 14, 2024, 10:58:30 AM
i really laughed when i found out that there are still many people who are willing to spend hundreds or even thousands of dollars just to join a trading seminar even though the knowledge shared there can be obtained easily on the internet today or directly by meeting a trusted personal mentor.  Learning autodidactically on YouTube is very good, but it's even better and more effective if you learn directly from a trusted mentor, who already has experience and a good reputation in trading.

We should take help from the mentor at start but with the passage of time we have to learn because taking help from mentor will require charges and if we give charges for whole of the life to mentor then we can put it in trading or investment if we learn from our experience.

If someone is newbie and follow his mentor then there will be low chances of loss but mentor can also make false decisions because market is not known by mentors also but he is doing everything according to the market prediction and his experience.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: shinratensei_ on April 14, 2024, 02:13:18 PM
i really laughed when i found out that there are still many people who are willing to spend hundreds or even thousands of dollars just to join a trading seminar even though the knowledge shared there can be obtained easily on the internet today or directly by meeting a trusted personal mentor.  Learning autodidactically on YouTube is very good, but it's even better and more effective if you learn directly from a trusted mentor, who already has experience and a good reputation in trading.
indeed its such a silly way to waste money meanwhile they could easily use that money to start trading on their own ignoring all of these useless course which material actually just coming from curated free material out of youtube and then remaking it.

if a newbie wanna learn the basics of trading its better if they can head out to the exchange that they trust usually they have some basic material for learning trading and investing that they could get for free since you are potential customer of that exchange usually their trading material is top notch no need to pay unnecessary fee, use that money to start trading as soon as possible to know the ins and outs of trading and investing. by doing that you already doing yourself a favour to speed up the process of learning.

therefore its simple really, even binance is having their own specialized resource exactly for this called binance academy.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Albarq on April 14, 2024, 07:56:32 PM
Learning about fund management doesn't look easy. It tends to be a difficult thing for us to do. There are those who tell us about traders who are profitable for a few months. In fact, the results are impossible. You need several years to produce maximum results with a positive mind. It's much more. Well, learning cryptocurrency is not as easy as you see. You can start with demo trading to observe the market by testing your own knowledge to be more successful in your future.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Hyphen(-) on April 14, 2024, 09:08:04 PM
Learning about fund management doesn't look easy. It tends to be a difficult thing for us to do. There are those who tell us about traders who are profitable for a few months. In fact, the results are impossible. You need several years to produce maximum results with a positive mind. It's much more. Well, learning cryptocurrency is not as easy as you see. You can start with demo trading to observe the market by testing your own knowledge to be more successful in your future.
Sure, learning about crypto is not easy as many people think it is especially crypto trading which involves various techniques and tricks that need attention, dedication and some sacrifices to learn and not within short period of time.

Some people think that after making payment to learn about crypto from some crypto experts, they think that they can easily get everything on time and start making money immediately, not knowing that even if you paid to get the right information, you will need to sacrifice your time and dedicate yourself towards learning before you can get it right.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Yamifoud on April 16, 2024, 01:08:34 PM
Paying is not a big issue if you are paying to the right person. But if you are just paying these signal groups who claimed themselves as trading expert, that is a different story. In that case, I'd rather watch online tutorials, read books, etc as I could certainly learn more without wasting my time and money.
I could pay a person as long as I can assure that I could something in return because not all the things we are able to learn from the internet, many ideas can be found during actual trade. At least having someone at the start is enough, we can learn more as we go on.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: EarnOnVictor on April 16, 2024, 04:41:11 PM
When someone is promising of anything then they are trying to lure people just to make money. I do agree that you don't have to pay anything to learn but it's limited and even in YouTube most users ask to take the subscription courses to view the playlist. What we can do is to learn the basics from the online via YouTube, forums, blogs and try everything on the demo account.
We need to be wise especially for the newbies that are aspiring to learn how to trade. It is very good we search online for classes one can join to learn about trading. To pay for classes learning about trading is a good endeavor also we need to be wise to learn from an academy not from a single person that have claimed to have learnt about trading ready to teach others asking for huge amount of money and fee. It will be wise we ask questions that will help us to get what we want about trading so we can learn with ease and start trading on our own.
You guys make it look funny to me at times when I read a thing like this because you seem to be over-emphasizing this, Do you mean that the person who learned through payment means is not wise? C'mon! It is not particularly true. I learned trading myself but I will never condemn anyone that learns it in a premium way. It depends on the person you are talking about, can the person be so clever like yourself or even have the time to search over and over again? These are good facts, especially if such a person can afford it, why not? One important thing about learning through payment is that the person will not be perambulating baselessly when looking for the right path.

The experiencer trader in the field who is willing to put him through for a stipend might make it easy for such a person and there is no big deal here. The research must have been done by the tutor and the right materials, teaching and guide delivered more easily than the way it would have been if the person went through all that by himself. Also, I have seen enough half-baked traders all over the place, and I think the reason is the way they learn independently. They actually do not have much guidance, if any, but could have started learning from the middle instead of learning it from the beginning. You can imagine anyone learning the alphabet starting from the middle, what much can such do? Only a few independent learners can vouch to be good traders today, so why take it as a big deal?


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: jrrsparkles on April 16, 2024, 04:52:19 PM

You guys make it look funny to me at times when I read a thing like this because you seem to be over-emphasizing this, Do you mean that the person who learned through payment means is not wise? C'mon! It is not particularly true. I learned trading myself but I will never condemn anyone that learns it in a premium way. It depends on the person you are talking about, can the person be so clever like yourself or even have the time to search over and over again? These are good facts, especially if such a person can afford it, why not? One important thing about learning through payment is that the person will not be perambulating baselessly when looking for the right path.



There is nothing wrong in paying premium to learn but the one who you are paying should be the question here.

AFAIK, everyone promotes them as a successful trader via social media is craps they don't really make money from trading but lying about it and asking people to $49 or $99 or whatever the amount they ask is their main source of income. I see that no successful traders will be interested in selling their secrets for a hundred dollars.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: dunfida on April 16, 2024, 05:15:23 PM

You guys make it look funny to me at times when I read a thing like this because you seem to be over-emphasizing this, Do you mean that the person who learned through payment means is not wise? C'mon! It is not particularly true. I learned trading myself but I will never condemn anyone that learns it in a premium way. It depends on the person you are talking about, can the person be so clever like yourself or even have the time to search over and over again? These are good facts, especially if such a person can afford it, why not? One important thing about learning through payment is that the person will not be perambulating baselessly when looking for the right path.



There is nothing wrong in paying premium to learn but the one who you are paying should be the question here.

AFAIK, everyone promotes them as a successful trader via social media is craps they don't really make money from trading but lying about it and asking people to $49 or $99 or whatever the amount they ask is their main source of income. I see that no successful traders will be interested in selling their secrets for a hundred dollars.
You do know that there are people who are really that practical on which on the time that they would really be able to see that they could literally be able to see those informations online for free, then expect that they would really be making out those bashes that its never been worth on paying up for some premium if you could actually be able to get it for free. Somehow there are individuals who do really like on someone who would really be gonna mentoring them out on which means that on the time that they wouldnt mind if they would really be paying extra if they could really be able to fasten up their track on learning up things which it isnt really that a bad option for those who do have the money but actually its not really that necessary since you could really be able to learn up for yourself for free. It is really just that there are people who wouldnt really be that liking
on spending on something which you could actually be able to get it without any cost.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: jrrsparkles on April 16, 2024, 05:22:52 PM

You do know that there are people who are really that practical on which on the time that they would really be able to see that they could literally be able to see those informations online for free, then expect that they would really be making out those bashes that its never been worth on paying up for some premium if you could actually be able to get it for free. Somehow there are individuals who do really like on someone who would really be gonna mentoring them out on which means that on the time that they wouldnt mind if they would really be paying extra if they could really be able to fasten up their track on learning up things which it isnt really that a bad option for those who do have the money but actually its not really that necessary since you could really be able to learn up for yourself for free. It is really just that there are people who wouldnt really be that liking
on spending on something which you could actually be able to get it without any cost.

As I said, it's not really about paying money to learn its the people who are trying to sell their courses are not really traders is my argument. They are making money by selling the courses and they show you some images which even can be real and its possible to make it happen even by a newbie trader as long as they know exchanges, how to sell and buy. But we all know trading is not only about buying and selling.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: AYOBA on April 16, 2024, 07:58:19 PM
I know knowledge is not free anymore. We humans have monetized knowledge that if someone without the knowledge wants to learn he has to pay handsomely for it. Many persons are eager to learn how to trade and bad luck has fallen into the hands of liars and tricksters who take money promising to teach these people online. We don't need to pay anybody to learn how to trade, we can do that for free. After all the only thing they would teach online about trading is the theory aspect and then the section is over. There are various resources on the internet especially YouTube that you can start learning from there until you are familiar with trading.
Of course, knowledge is the best key to success in whatever you want do in this life, and if you don't have knowledge about it first before starting, it will not go as well as you want. And actually, knowledge is not free, we can use our money to buy it, but theirs is so important that we make the most of our money to get it. To be honest, trading is something that we can just start and become familiar with in a few weeks. Trading has various parts that we need to visit and learn so much about in order to become experts. Even those that are making tutorials online about trading they're only teach the theory aspect, and not all people quickly understand the theory aspect. That's why I don't blame those people who direct themselves to YouTube to watch some movies about trading.
Quote

Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.
To become a professional trader is not a day job, it takes a very long time before you can become a professional trader. And with that, we can just sit down and become professional traders. You need to build yourself up and do much research about the trading. You have to go into every part of the trading, which is the technical analysis and so on. Because some people's own is even more than 3 to 5 before they can be consistent in trading and also be professional traders.
 


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Gladitorcomeback on April 17, 2024, 04:21:50 AM
There is nothing wrong in paying premium to learn but the one who you are paying should be the question here.

AFAIK, everyone promotes them as a successful trader via social media is craps they don't really make money from trading but lying about it and asking people to $49 or $99 or whatever the amount they ask is their main source of income. I see that no successful traders will be interested in selling their secrets for a hundred dollars.

I agree with that, and the same thing is true for people who teach skills or ways to earn money online, I mean if they were able to use the same methods and techniques to earn so much money, they wouldn't be working so hard on creating courses, videos, lessons, and everything just to teach others how they can earn money only to get a few bucks out of them, they basically do it because they aren't successful in anything else and they want to earn some money by doing this.

It is just like watching a video about how one can earn millions of views in a month while the video teaching you that has a few hundred views itself, lol, this shows that people often teach what they aren't successful in themselves and I wonder how can such people make others gain success.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: jrrsparkles on April 17, 2024, 05:21:40 AM
There is nothing wrong in paying premium to learn but the one who you are paying should be the question here.

AFAIK, everyone promotes them as a successful trader via social media is craps they don't really make money from trading but lying about it and asking people to $49 or $99 or whatever the amount they ask is their main source of income. I see that no successful traders will be interested in selling their secrets for a hundred dollars.

I agree with that, and the same thing is true for people who teach skills or ways to earn money online, I mean if they were able to use the same methods and techniques to earn so much money, they wouldn't be working so hard on creating courses, videos, lessons, and everything just to teach others how they can earn money only to get a few bucks out of them, they basically do it because they aren't successful in anything else and they want to earn some money by doing this.

It is just like watching a video about how one can earn millions of views in a month while the video teaching you that has a few hundred views itself, lol, this shows that people often teach what they aren't successful in themselves and I wonder how can such people make others gain success.

Basically what they are doing is making money by saying how to make money and this has been the trend since the evolution of social media and one who is sensible to understand will stay away from it and starts working on their success via the real sources.

Making money or learning stuffs about how to make money can't really be taught, it has to be realised and experienced.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: gunhell16 on April 17, 2024, 06:38:53 AM
Well, to be honest, I agree with the title given by Op. If it's really possible to study on your own, There is even a faster learning process in trading here in cryptocurrency when an individual learner learns trading along and uses his or her own way to learn it.

Because I noticed that those who pay for training about trading just waste what they paid for because they don't actually absorb what they heard, and besides, there is no quick time for people who are interested in learning to understand it immediately. It really takes time, that's the truth.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: dunfida on April 17, 2024, 06:55:29 AM
Well, to be honest, I agree with the title given by Op. If it's really possible to study on your own, There is even a faster learning process in trading here in cryptocurrency when an individual learner learns trading along and uses his or her own way to learn it.

Because I noticed that those who pay for training about trading just waste what they paid for because they don't actually absorb what they heard, and besides, there is no quick time for people who are interested in learning to understand it immediately. It really takes time, that's the truth.
There are still people who do go solo in terms of making themselves that become that good or better as time passes by. If we do tend to look around and realize that everything we do really need could really be seen and could really be making use of it if you are really just that wise and serious on learning up things around. The fast pacing would really be basing up on how serious you would be on learning the things that we do have in the market, just like been said that informations could really be that seen around.It would really just that depending on how you would really be able to utilize those for your advantage.

You could really be able to have that self learn path if you are really just that sensible on the things that you could found around. Real experiences would be the best teacher and on the time that you had found
yourself that having some progress or having that kind of improvement then you should really be that continuing it no matter what until you would found yourself to be that better as the years passing by.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Dewi Aries on April 17, 2024, 10:26:27 PM
Well, to be honest, I agree with the title given by Op. If it's really possible to study on your own, There is even a faster learning process in trading here in cryptocurrency when an individual learner learns trading along and uses his or her own way to learn it.

Because I noticed that those who pay for training about trading just waste what they paid for because they don't actually absorb what they heard, and besides, there is no quick time for people who are interested in learning to understand it immediately. It really takes time, that's the truth.

Actually all traders can undergo their own learning but for basic steps I think it never hurts to find a mentor to direct them to the right and directed trading approach, because so far in some cases there are usually still quite a lot of traders who have an understanding that is skewed or out of the recommended path such as trading in the wrong way that will only harm themselves. and I understand that all these directions can be obtained through the internet but sometimes the lessons obtained are not directed or that means they get random learning and it is quite difficult to actually find information on an internet that gives them the first steps that will harm themselves, and I understand that all these directions can be obtained through the internet but sometimes the lessons are not directed or they get random learning and it is quite difficult to really find information on an internet that gives them the first steps that a beginner trader must first learn and go through.

Usually in some cases a beginner immediately jumps into trading without being based on a qualified understanding and knowledge of how to properly trade which in the end they are confused and experience losses that dominate over profits, so I think for the initial stage of introduction it doesn't matter if for example you want to learn from mentors by spending at least a little money to get the right direction on how to be a good trader and be on a harmless path and after that you can learn on your own when you already have a basic understanding.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Best-mary on April 18, 2024, 12:28:07 AM
I know knowledge is not free anymore. We humans have monetized knowledge that if someone without the knowledge wants to learn he has to pay handsomely for it. Many persons are eager to learn how to trade and bad luck has fallen into the hands of liars and tricksters who take money promising to teach these people online. We don't need to pay anybody to learn how to trade, we can do that for free. After all the only thing they would teach online about trading is the theory aspect and then the section is over. There are various resources on the internet especially YouTube that you can start learning from there until you are familiar with trading.

Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.

Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
OP you're right. All point given are 4 possible ways a person can learn trading and engage with other without spending much. Point 2 reminds me of when I told someone about conferences initiated by exchanges this days which is kinda easier to access like this one https://www.bitget.com/support/articles/12560603807616 and I know Binance have done something similar to this but I haven't seen any news of them doing it this year. It's very impactful


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Jewan420 on April 18, 2024, 06:52:57 AM
Rather than learning to trade online, you should find a person who will teach you to trade with him. You study all the trade related information from him and work with him till you master the trade. In that case you need to spend more time with him. After some time you try to trade with demos by yourself in your spare time. After gaining skill start trading with little capital.

Remember trading before mastery is foolishness. You may lose your money unnecessarily.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Ricardo11 on April 18, 2024, 08:17:04 AM
You can definitely learn trading for free, if you really want, there is Meany way. There are many free trading classes, courses, and videos available in various places that are very essential in trading. It would be better if you find a professional trader offline, to whom you can learn about trading directly. But it will also take you a lot of time, because trading is such a thing where all the money is lost due to a little mistake, it will take about 2-3 years to learn trading completely. If you use money in trading without learning trading completely, you will only lose them. So be it for money or free, after learning trading thoroughly you should start trading with money.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: pusaka on April 18, 2024, 12:04:42 PM
Well, to be honest, I agree with the title given by Op. If it's really possible to study on your own, There is even a faster learning process in trading here in cryptocurrency when an individual learner learns trading along and uses his or her own way to learn it.

Because I noticed that those who pay for training about trading just waste what they paid for because they don't actually absorb what they heard, and besides, there is no quick time for people who are interested in learning to understand it immediately. It really takes time, that's the truth.
Actually it doesn't matter when we spend money to learn to trade, but with a few notes. First, we have to be serious about studying, don't let us just spend money but we don't get any knowledge because we are serious about the learning process. Second, we have to make sure that the person we make a teacher or mentor is someone who is very responsible and has proven capacity as someone who understands and has trading knowledge. Because now there are many out there who only have a little knowledge but they dare to open up learning practices, even though what they convey are basic things that we can get without having to pay. Those are just 2 basic points and actually there are many other points that we have to pay attention to.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: shinratensei_ on April 18, 2024, 03:13:32 PM
You can definitely learn trading for free, if you really want, there is Meany way. There are many free trading classes, courses, and videos available in various places that are very essential in trading. It would be better if you find a professional trader offline, to whom you can learn about trading directly. But it will also take you a lot of time, because trading is such a thing where all the money is lost due to a little mistake, it will take about 2-3 years to learn trading completely. If you use money in trading without learning trading completely, you will only lose them. So be it for money or free, after learning trading thoroughly you should start trading with money.
I personally don't believe that there's meaningful gaps between the experienced and the newbie, I mean yes the experienced are more mentally resilient and knows the how the market works but newbie too can figure out such thing in short amount of time if they are attentive enough, the important thing to learn in my opinion is something like the basics, the principle of economy, trading, the platform itself since we gonna do activities mostly in these exchange platform so knowing the features is good thing.

by then if someone just want to try out they can already know some basic knowledge and could built their experience from then, helps from expert trader at that point is no more necessary.
even though its always good to have mentor to point out a mistake or two, but eventually we gonna figure out everything by ourselves not too much dependant on someone.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: johnsaributua on April 21, 2024, 10:51:17 AM
Yes it is true, that the basic lessons about trading are very much on youtube, if even the influencers attract visitors and get adsence it is more than enough, but because branding is difficult to make some people take advantage of popularity to make an exclusive impression. Don't ever believe that warranty and accuracy in his hands, it's nonsense, the fact is that even professional people must experience loss even though flash dumps. :D

It's true that knowledge, media and research including field practice when trading is important, like fuel and how to pace.

It is not difficult to find free influencers to increase literacy and education, because everyone is different in climbing the knowledge they have including the delivery. Stay away from influencers who are too motivating beyond the ability capital and compare themselves with the capital spent, because trading is better to understand technical and capital follows than the other way around. I think this is why the fud on crypto is scattered on social media because it does not match the hystory of novice traders. crypto is good and perfect, the obstacle is that there are certain people carrying their own slogans that make beginners desperate and carried away by fomo without a mature basis for buying.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: vs2014 on April 21, 2024, 07:03:57 PM
It is quite true that if one wants to jump into trading without adequate knowledge then he has to pay huge losses. Actually every business has low profit margin in the beginning but they can balance themselves well between losses and profits. Most of what they teach online about trading is theory but it is best if you can get training from a smart trader. But i have seen many people learn trading only by watching youTube videos and many people take training from different groups by paying money.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Lanatsa on April 22, 2024, 07:57:05 PM
It is quite true that if one wants to jump into trading without adequate knowledge then he has to pay huge losses. Actually every business has low profit margin in the beginning but they can balance themselves well between losses and profits. Most of what they teach online about trading is theory but it is best if you can get training from a smart trader. But i have seen many people learn trading only by watching youTube videos and many people take training from different groups by paying money.
People do learn things when its too late or on the time that they would really be able to suffer loses came from their own mistakes on which we know that this is something that very normal.
Usually we would really be able to make ourselves that be able to handle the situation which it would really be basing up with our self realizations on which this is something that will really be depending on a certain individual or trader. It is really that true that when it comes to learning then everything could really be seeing online on which it would really be just that a matter of effort and hard work for you to
look for those informations on which you could really be able to make use of.

There are really those people who are really that just want on making money directly without even trying out to look on what are the things
that they could potentially be able to encounter.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: batang_bitcoin on April 22, 2024, 08:57:39 PM
It is quite true that if one wants to jump into trading without adequate knowledge then he has to pay huge losses. Actually every business has low profit margin in the beginning but they can balance themselves well between losses and profits. Most of what they teach online about trading is theory but it is best if you can get training from a smart trader. But i have seen many people learn trading only by watching youTube videos and many people take training from different groups by paying money.
The wrong thought of many new traders, they all want to trade big time as if they are not beginners and they won't settle for a small amount of profit as they start. It's normal to trade with smaller amounts and wins at the start but you don't expect them to come because the typical thing about trading is that you're going to lose no matter what happens and every beginner is bound to get those losses because that's how it is going to be when you trade.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Baki202 on April 24, 2024, 09:32:21 AM
Well, to be honest, I agree with the title given by Op. If it's really possible to study on your own, There is even a faster learning process in trading here in cryptocurrency when an individual learner learns trading along and uses his or her own way to learn it.

Is not as if you can not study on your own but it will take longer to learn on your own than learning from a mentor, and attending class will make everything much more easier to work with, and this will only be fore legit trading schools because there are a lot of scam schools all around so you can choose base on review, and make sure the reviews are not fake.


Because I noticed that those who pay for training about trading just waste what they paid for because they don't actually absorb what they heard, and besides, there is no quick time for people who are interested in learning to understand it immediately. It really takes time, that's the truth.

Waste of money i don't think so people are different the same way we have different way of people learning so if you learn through mentorship then you should give it a try, so any way that you can absorb information easily it will be better that way, and since your performance will be monitored by your mentor there wont be need to do self learning everyone will do what is best for them, to me everything depens on how well you know your self.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Adams0001 on April 27, 2024, 10:16:02 AM
Well, to be honest, I agree with the title given by Op. If it's really possible to study on your own, There is even a faster learning process in trading here in cryptocurrency when an individual learner learns trading along and uses his or her own way to learn it.

Is not as if you can not study on your own but it will take longer to learn on your own than learning from a mentor, and attending class will make everything much more easier to work with, and this will only be fore legit trading schools because there are a lot of scam schools all around so you can choose base on review, and make sure the reviews are not fake.

Exactly that is why many people prefer to pay to learn, and they will be more focused to learn very well, learning online takes a long time and not everything you will see online, you need to get mentor that will tell you everything that you need to know about trading, since you pay him money, he will make sure you understand everything about it, so that even if you start trading, it will be easy for you without much stress than learning online most, they have things you need to know that you won't see it in YouTube you Need to pay money for it before they can tell you the secret.

Trading requires more effort to study and gain expertise. I prefer to pay to learn so that I can be more serious about it. People who learn online cannot be compared to those who learn from a mentor face to face. You can learn by yourself or from someone you choose that will benefit you, some people learn online and are perfect, while others need a mentor to guide them more because some people are slow learners and need to pay someone to teach them gradually and perfectly to it.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: AmoreJaz on April 27, 2024, 11:43:04 PM
Well, to be honest, I agree with the title given by Op. If it's really possible to study on your own, There is even a faster learning process in trading here in cryptocurrency when an individual learner learns trading along and uses his or her own way to learn it.

Is not as if you can not study on your own but it will take longer to learn on your own than learning from a mentor, and attending class will make everything much more easier to work with, and this will only be fore legit trading schools because there are a lot of scam schools all around so you can choose base on review, and make sure the reviews are not fake.
Because I noticed that those who pay for training about trading just waste what they paid for because they don't actually absorb what they heard, and besides, there is no quick time for people who are interested in learning to understand it immediately. It really takes time, that's the truth.

Waste of money i don't think so people are different the same way we have different way of people learning so if you learn through mentorship then you should give it a try, so any way that you can absorb information easily it will be better that way, and since your performance will be monitored by your mentor there wont be need to do self learning everyone will do what is best for them, to me everything depens on how well you know your self.

I believe most crypto traders here didn't enroll for a trading class. A lot learned their crypto trading activity on their own. Do remember, when btc was launched more than a decade ago, there were no online classes tacking this currency. So most early traders learned it on their own. This is why, for me, you can learn crypto trading on your own. Also, even those mentors can still suffer losses in trading. Because cryptocurrencies have no defined market performance. There are so many factors in play, hence, no one can precisely predict this market.

Of course, if you know someone who is a good mentor, and you have the resources, why not? But I am saying is, you can learn this market on your own, given the resources available over the net.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Kelvinid on April 28, 2024, 03:39:58 AM
It is quite true that if one wants to jump into trading without adequate knowledge then he has to pay huge losses. Actually every business has low profit margin in the beginning but they can balance themselves well between losses and profits. Most of what they teach online about trading is theory but it is best if you can get training from a smart trader. But i have seen many people learn trading only by watching youTube videos and many people take training from different groups by paying money.
The wrong thought of many new traders, they all want to trade big time as if they are not beginners and they won't settle for a small amount of profit as they start. It's normal to trade with smaller amounts and wins at the start but you don't expect them to come because the typical thing about trading is that you're going to lose no matter what happens and every beginner is bound to get those losses because that's how it is going to be when you trade.
Losses are expected as we start trading and this is a part of learning. Having been aware of the situation, it was not difficult for us to accept in the time it came. If we want to trade, we also make sure that we are willing to work hard, get enough knowledge, and most of all, develop strategies that we think it will work effectively. Learning trading is easy, there are a lot of resources available but yes, what we have seen and read can be different in actual happening which is why we also need to learn to adapt to the changes.
More experience, more learning.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Ojinga on April 28, 2024, 11:29:40 PM
Everything now it made easier for everyone, why paying money to learn trading while you can learn it yourself. It's not that easy but whatever you determine to learn you most learn it, I actually come across some guys in my street paying money to learn about trading. Then I met them they started explaining everything to me, with the little that i know i shared it with them without no cost. And later they said the other who was teaching them didn't tought them this that mine was the one they're going with now. So I don't see why someone will pay money to learn how to trade, it's unfair and not right thing to do if you're in this particular point please do stop. One thing is that learning about trading it's determination someone can just tell you where you can visit online and learn about it.

I know it's not everyone can do it by their selves, but what so ever you've put in your mind that you want to do and with focus and determination you'll surely achieve what you want. But first your mind have to be ready to learn.

I believe everyone in this forum was referred by someone, not everyone knows this place exist but someone referred you to come and learn more about trading and investing, some people don't even have the idea or knows anything concerning Bitcoin but with time on here they started generating it step by step. Now they can definitely tell you what trading it's all about. So we should also be our brother's keepers not killers, and if you do know someone who's still paying to learn trading please do put an end it. I know learning online it's a lot of time to understand what you're learning and some people believe that it's more better they pay so that they can grab it fast, but have it come to your senses that, that same person teaching you he or she is also learning from online which is not paying a dem to learn. But you feel because of the risk in it you don't want to go online learn not by the end of the day you, when you started trading that you aren't going to see your profit. Because you lent it online, that same person that you're paying he/she have also gone through those process and risk that you're being afraid of. So with my understanding I'll advise you that, people paying to learn trading please it's not necessary anymore try and determine that you can do it by yourself. It won't start that fast but with adequate knowledge actually you'll surely know more about trading.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: Mr. Magkaisa on April 29, 2024, 05:32:27 AM
        -      It really shouldn't be a waste of time to pay just to learn trading here in crypto. after all, there are now many ways for us to learn for free without paying anything, apart from youtube, there is also google search, and this is a forum platform.

it is said that if you want to, you will always find a way to learn, because most of those who attend trading seminars have not learned anything and worst they just wasted money and only made money.


Title: Re: Stop paying money to learn trading when you can learn it yourself
Post by: OrangeII on May 02, 2024, 02:02:08 AM
Yes, what is most important in learning trading is practice. It doesn't matter how good the material is, practice is the most important thing, because at that time, knowledge development will occur, such as learning to look at charts, analysis, and so on.
Maybe for people who just want to enter the world of trading, learning the basics of trading is important. However, after that, you need to learn trading yourself. In fact, almost every aspect of trading can change depending on the type of coin or asset you are trading.