Trading without knowledge

[Ryanpogi]

it's hard that you can not have the money you have to pay for it, it's a good idea to first investigate about trading and find out how it moves so you can not lose money or you can not lose it. thanks ..

[Shahajahan6060]

Trading without knowledge will be very harmful to the traders. Because of this reason, a trader can get profit for a moment but they can lose their whole investment at any time. On the other hand, if they have knowledge about trading they won't have to face big losses.

[lelahkenabanned]

A lot of people do trading even if they don't know nothing about it and some people succeed on that but most of them failed.
One of the reason why I think they do that, is because of GREED which can result to a big loss for them.

Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.

Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.

trading without knowledge seems to be very difficult to make a profit because you should be able to see the market conditions and conditions of the existing graph is not just knowledge of patience is also very important to be able to get a lot of profits.

[Sanjida]

Trading without knowledge will be very harmful to the traders.you must have knowledge on trading. I also think trading without knowledge is just depends on luck which we can call gambling.a trader can get profit for a moment but they can lose their whole investment at any time. knowledge is so important so don't forget it.

[XFlowZion]

I was one of the people who started trading without knowledge and that experience really thought me a lot. I lost BTC.25 thinking that and just continue buying and then selling when I panicked. I promised to myself that it will never happened again and now I just did not recover my losses but gained much more.

[Marlyn1]

A lot of people do trading even if they don't know nothing about it and some people succeed on that but most of them failed.
One of the reason why I think they do that, is because of GREED which can result to a big loss for them.

Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.

Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.

Yes, definitely thats right,a lot of people eager to earn without thinking whats the result, trading is very risky part it needs more knowledge ,strategies, techniques inorder to success ,its different if you are a professional trader/if youre knowledgeable enough because you are ready for everything.

[EdenHazard]

Without knowledge, trading is not possibel.yes its possible but you would be lost all of your investment in one-night .its would be gambling for you.Without proper knowledge, don't join in trade.First, try to do demo trading of try to learn the trade.then you can join into the trade.trade is not so easy that you start without any knowledge.

it is possible but did you know it will feel like a suicide.

you do get some profit at the first time , well it is just a fortunate time. in the long run you won't able to deal with the pressure , the market turn like random and any other complicated thing in trading that you have to understand at the first place.

[btcmegastar]

It is always risky without any knowledge, for trading we need to learn the different set of rules and regulation before entering into the trading, the main thing we have to control our when the price is getting reduced. Trading is not only making money we need to react exact timing and efficiency to make the profit through trading.

[ivandu]

It is always risky without any knowledge, for trading we need to learn the different set of rules and regulation before entering into the trading, the main thing we have to control our when the price is getting reduced. Trading is not only making money we need to react exact timing and efficiency to make the profit through trading.

without any skills for begin trading maybe i called it betting in the market.just put buy or sell order and then wait this position getting profit.every one can do this, but our risk to big and our money could be gone.avoid this way no one suggest this.

[cryptofpt69]

I also started trading without knowledge and i were lost 80% of my money which i invested in trading(almost 2btc). I hope new traders will avoid my mistake. We need much knowledge to get profitable in this market like technical analysis, control emotion.....

[Aprodite]

right. if trading begins with greed, then it is the beginning of self destruction. many start because they are tempted by big profits, but they forget that behind the big profits there is a big risk.

[maichimoto]

A lot of people do trading even if they don't know nothing about it and some people succeed on that but most of them failed.
One of the reason why I think they do that, is because of GREED which can result to a big loss for them.

Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.

Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.

I'm not a day trader myself, but I got your point. Emotions and greed usually run people forcing them to make big trading mistakes. I'm wondering how fast can one learn to become a good day trader generating profits

[Rashid555]

Knowledge is the main thing in the crypto because if we have no knowledge or updated knowledge of the trading then how can we get successful in the trading business. and for me the crypto trading is very lucky and if we invest our money in these currencies we have to make some arrangement before trading bitcoin and crypto with out knowledge we will not get any profit.

[goldade]

I do not see any reason why someone would be so foolhardy as to jump into trading with cryptocurrencies without having knowledge of how the market works, which coin to buy or when to sell or buy.
The first thing to do in trading in cryptocurrencies  as with other type of trades is to have enough of knowledge about such trade.
I believe all of the knowledge needed to trade successfully can be found majorly here on bitcointalk and probably some other trusted sites.

[Borisb52]

A lot of people do trading even if they don't know nothing about it and some people succeed on that but most of them failed.
One of the reason why I think they do that, is because of GREED which can result to a big loss for them.

Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.

Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.

Personally, I have not seen a single trader who knows nothing about the trade and at the same time trades at a profit. It just does not happen. If a person does not know anything about the trade, in the end he will not earn anything, but only lose his money.

[mylyn2327]

A lot of people do trading even if they don't know nothing about it and some people succeed on that but most of them failed.
One of the reason why I think they do that, is because of GREED which can result to a big loss for them.

Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.

Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.

Trade without knowledge it's like solving a puzzle where you really don't know where to start first or where to find the missing piece. I am an example of trader in mind but scared inside, but I am really working hard to study to know everything about trading. I do some research, read, watch anything related to trading cause I don't want to failed and lose my money in the end. Thanks to your advice, well appreciated. 

[nicolas1979]

A lot of people do trading even if they don't know nothing about it and some people succeed on that but most of them failed.
One of the reason why I think they do that, is because of GREED which can result to a big loss for them.

Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.

Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.

I try trading in 2015 ( currency/ forex ) and loss $10k on the first month, start only with dream that I can be rich guy in short time make me ignore knowledge and practice. Wrong start for me and I never repeat that again in all my activity ( not for trading only ), always prepare with knowledge, tools and know the risk. People have different mindset about trading and change mindset into the right track is really hard. Your post remind me that trade is not easy and profit is not always become the main goal, knowledge is important.

[tbterryboy]

it is true that many today are looking at easy trading. they are always easily captivated by the huge income but never had sufficient experience but in reality all the expectations are inversely proportional to what they imagine, it will certainly result in losses despite how much you have the funds.

We are getting a different mindset these days. We want to get maximum out of something but we are never ready to invest out efforts even minimum. This will not work anymore. Because markets are already so much saturated with traders. So if you are doing nothing and think of big comings, brothers you need to review your strategies and plans accordingly. Work and only this can give you big profits.

[BTC-Market]

Trading without knowledges - waisting time and money but in the other hand it's your experience

[LogitechMouse]

A lot of people do trading even if they don't know nothing about it and some people succeed on that but most of them failed.
One of the reason why I think they do that, is because of GREED which can result to a big loss for them.

Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.

Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.

This is the problem with most of the people who wants to become a trader. They just jumped in trading without having a knowledge or anything that can help them with trading. Jumping into trading without proper knowledge is like going into a war without having any weapons. Its like a suicide for me. Professional traders will take all of your money.

Being a professional trader can't be done with one day only or a week. It will take time in order for you to know the strategies you need in order to trade and earn profit.

If you want to be a professional trader, start with reading anything related to trading. Learn the different strategies you need, the skills and the traits you need in order to be a good trader. Don't just jump in trading just because you want to earn. I will say this "If you do that, 95-100% sure that your money will be lost".