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Author Topic: Trading without knowledge  (Read 2112 times)
Traslavin
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April 19, 2018, 02:31:54 PM
 #541

Knolwedge is important in evertyhing. Before you succeed in life knowledge is one of the important factor that can be consider.Like in trading before you start on it you need  to be learned everything for you to be able to  success and earn a lot.
Literally speaking yes, knowledge is the most relevant thing that a one person should have when he/she would hoing to enter in one kind of investment or even trafing. And trading without knowledge is much worst than taking risks because at this time you double kill your chance to get a high profit, so before you enter in this kind of job make sure yo yourself that you have equipped yourself even a basic knowledge about trading.

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April 19, 2018, 02:34:48 PM
 #542

It's already difficult to trade with a sound knowledge... I can't imagine without it  Grin
Anyway, luck could be much more important  Grin Grin
What are you serious and do you even experience trading without knowledge? that is a very worst thing to do and you will just loss your money. Luck is not that much working on trading because if you dont have knowledge you are like playing a dart with a blind fold on your eyes.

 
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April 19, 2018, 02:53:34 PM
 #543

I am such trader. Too emotional
nara1892
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April 19, 2018, 03:10:06 PM
 #544

Yes, you're right. Without sufficient of knowledge, don't try to trading. Because trade isn't a riddle. But I think day trader still can. You can see a chart and movement of market without more analysis

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Apiapik
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April 19, 2018, 03:15:05 PM
 #545


Trading without knowledge is like walking in the dark. No matter what capital you have is useless. Just going to waste money and in vain.
elbimbo012
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April 19, 2018, 03:48:12 PM
 #546

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 in crypto market is more riskier than stock trading specially if you don't have background in trading  this may put all your investment at risk better to attend basic stock ls trading seminar and try trading with small amount of investment first and once you hqve wnough knowledge you can add more.  you should control your emotions too don't panic when you saw huge downward of your portfolio.

Naficopa
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April 19, 2018, 06:00:47 PM
 #547


Trading without knowledge is like walking in the dark. No matter what capital you have is useless. Just going to waste money and in vain.

Trading without knowledge of technical analysis and market knowledge doesn't make much sense. It's easy to lose the money invested. Anticipating market behavior several times a day isn't a simple task and requires experience.

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supercanada1
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April 19, 2018, 07:56:11 PM
 #548

It's already difficult to trade with a sound knowledge... I can't imagine without it  Grin
Anyway, luck could be much more important  Grin Grin
What are you serious and do you even experience trading without knowledge? that is a very worst thing to do and you will just loss your money. Luck is not that much working on trading because if you dont have knowledge you are like playing a dart with a blind fold on your eyes.
Trading without knowledge is like walking in the dark over a broken bridge. By that I mean that the basic and important knowledge before entering in the market is of sheer importance. We assume the axiom of rationality. We assume you know everything before entering in the business. You arte a shark in the market given the assumption is valid.
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April 19, 2018, 08:23:33 PM
 #549

Yes, you're right. Without sufficient of knowledge, don't try to trading. Because trade isn't a riddle. But I think day trader still can. You can see a chart and movement of market without more analysis

More traders especially the newbies without any experience fall into regrets, and easily having panics when the price started to dump. Doing some multiple choice on the coins to choose when trading isn't a good idea to have, because you maybe wrong if you have no such information about the currency you are picking. The chart doesn't give you enough reference, and good thing to do about is to research more often with that coins you are planning to buy. With this strategy you can develop skills and ideas on how you decide whether you wait for the price to increase or dump early, when you seen it no chances of gaining good price.
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April 19, 2018, 08:33:29 PM
 #550

Because we have many traders without knowledge we have so much disappointed people with trading and cryptocurrencies. Wrong decisions, too eager behaviour, lack of recovery strategy, too much emotions these are often the consequences of trading without knowledge.
You might have beginers luck but this can't last for long and sooner or later you will face some loss and you will not know how to behave, what to do and maybe the worse what exactly lead to such situation.
So trading without minimum knowledge at all isn't the good idea.

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April 19, 2018, 08:47:53 PM
 #551

If you want to become successful in trading you mist better if you have some knowledge because for sure you can use it and they have possible that you become rich someday because of your knowledge in trading..
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April 19, 2018, 09:36:40 PM
 #552

If you want to become successful in trading you mist better if you have some knowledge because for sure you can use it and they have possible that you become rich someday because of your knowledge in trading..
I don't think it has a chances to gain huge moneys. Its hard to success a trade without knowledge ,before we enter we must develop our learning and collect more suggestions from others who experience difficulties in trading. Our goal is to gain enormous profit not for losses ,don't initiate something bad decision making just for experience ,theirs a lot of time and possible to happen in reading such article about trading site.
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April 20, 2018, 10:28:36 AM
 #553

I think we really should be sensible with our money, since it's being earned through hard work and invest it properly
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