Before getting into trading

[RealMalatesta]

It's always better to have everything set in place before jumping to any field, either business or investment. Trading is not an easy venue to become reach but a good tool to succeed if you are really aiming for a better financial wealth.

Getting everything ready before starting must be a valid suggestion for all beginners here but practically it is not easy for anyone to make all ready before engaging in real market. This is the reason we are having demo account and with the help of it, anyone could get ready for trading over the time. When you are having time along with practicing in the market then you can slowly make yourself ready for real market challenge.

Trading must be a highly challenging one because if you're not careful then you will lose all your capital still many people are preferring it because they are assuming it as an easy money making method. When people are not getting into trading without proper preparation but with big dreams, usually turn greedy and then losing all their capital by not booking at proper targets.

[BuNga_cute]

The opinion that says that joining a paid trading group is the fastest way to make a profit is wrong in my opinion. In fact, I've tried several times
to join trading groups, both free and paid trading group, the results are not much different. The conclusion of the signal given by the trading group is
not 100% accurate, so don't expect us to get rich by relying on the trading group. My advice is never to be lazy to learn all about trading, it's better
if we spend money to take trading courses, instead of spending money to join a trading group. If we can analyze the market ourselves, the results
are much better than expecting signals from other people's.

The risk is definitely high when it comes of joining a paid trading group than getting a paid course in trading. I would suggest not to indulge yourself in a paid trading group because you won't be satisfied with its outcome so its more like you are spending with a no real use case. Maybe its a better idea to get into a paid trading course as you will likely to gain more valuable ideas that talks about trading and its risks. And it helps you to develop a real concept on what is happening really when you're already in a real life trading.

Moreover, most of the paid trading groups that are circulating now, are used by the owner to benefit himself. I'm sure before the owner of
the trading group gives signals which coins are good to buy, he has already bought them. So when the group members buy the recommended coins,
the group owner just enjoys the profit. That's why I always suggest not to join any paid trading group, because the risk is very high. Moreover, even
if the signals given are accurate, it makes us not understand how to read price movements in the market. So our trading skills and knowledge
will not develop, whereas to be rich from trading we must have good analytical skills. So spend our money learning to trade, not hoping to get signals.
But if we don't have the money to take a trading course, we can learn on our own by reading a lot of articles, watching video tutorials on YouTube
and actively discussing in this forum.

[sumant]

Before getting into trading you should know that what is cryptocurrency is all about and what type of challenge we going to face when come to their trade. As a newbie you can learn with some capital to how you hold the situation when price goes down, if you can hold this presure then there is great profit waiting for you in future. You can watch youtube and telegram channels to know more what people of this thinks about cryptocurrency.

[andriarto]

Is it really necessary to take a course before getting into trading?

The books or courses could help you theoretically to gain some information about the market rules and strategies and give you idea about how market works but speaking frankly when you enter the real world market you see lot of new things and slowly you learn from your mistakes.I have seen some successful traders who were not educated and they all learn while trading and gaining experience from mistakes.The courses are extra source of knowledge but only if they are correct but you will learn lot yourself.

It is important to know all the basic and thru time you will be able to enhance your skills, books and all those materials in learning this business are all important, you have to work with your knowledge and make sure that you are involving yourself into this market, participating to experienced the knowledge that you gained.

It's always better to have everything set in place before jumping to any field, either business or investment. Trading is not an easy venue to become reach but a good tool to succeed if you are really aiming for a better financial wealth.

in learning the trading material and time to trade, it all depends on the flexibility of our time or the strategy we use. every book and video that we study certainly has a different strategy, so we can choose which strategy we will use, because not all traders have the same free time so the strategies used are also different

[gabbie2010]

As I already wrote, when I started working in this industry, I used a demo account from AMarkets for training. In addition, I tried to read various forecasts and how top traders reacted to these forecasts.

I started my trading journey with forex factory where I learnt all the aspect of setting up a chart with indicators and template thereafter registered a demo account with FXCM broker and started practicing before transiting to crypto trading using binance charts these was indeed a journey of years though I didn't pay for any course, it's up to the OP to choose this path but he should be ready to commit long hours of charting analysis and learning new things related to trading everyday as long as he is committed.

[Myleschetty]

To be honest, I don't quite understand those who start working without experience. You need to understand that this option most often ends with only losses.

You may be right but not in every situation cause they depend on something. Ask yourself, who trained the first Doctor to be existing in the human race? Who trained Norton and every other scientist in human history?
The main reason why people make especially the newbies make lost is before they don't do adequate research though a mistake is expected in the first step.

[2double0]

Taking experience in trading is well worth than taking a course because a course will give you theoretical knowledge while trading on your own will gain you practical experience which will always be remembered by you. Making money is important, but making it the right way is much more important than that and knowing your pros and cons, you can decide the stop loss and take profit settings of your trade easily than by reading a book.

[fullhdpixel]

Is it really necessary to take a course before getting into trading?

I would say that emotionless trading is the most important thing and there are too many people who do not know they could make a trade based on something like this and that is the problem here.

People make trades based on what they see, what makes them happy, what makes them hopeful and many other emotions and if you keep doing that then you are going to keep losing money and if you really want to keep going then kudos to you keep doing it and maybe you will get luck and make some profit but the reality is that if you keep doing this then you are going to be losing money for sure. I personally suggest that only use your brain and nothing else and you could make a profit.

[Peanutswar]

It depends on you there are people doesn't take any kind of trading course they are just focusing on their investment in their knowledge, self-study and improvement. If you want totally learn and too much have time and budget having a trading course is ideal but if you don't have self-study is ideal by this you can experience by your self about the possible problem, strategy, mistakes and conflicts during your trading can be solved while you are learning.

[CryptopreneurBrainboss]

To be honest, I don't quite understand those who start working without experience. You need to understand that this option most often ends with only losses.

The question was quite funny, seems like the user is just asking for asking sake because it's obvious what the answer is. How are you to learn if you don't take a course. It must not be technically a course like you buying a course online as you can have a mentorship that'll help you with that.

You can also read articles online on trading or watch YouTubers explaining. All this are a form of learning and without them you will be haviny no prior knowledge and just like most self called traders, you'll be gambling instead of actual trading.

Taking trading seriously has to do with dedicating time and resources to learning it. With time you'll then gain the experience that'll help you make the right decision.

[Dr.Osh]

Is it really necessary to take a course before getting into trading?

A course before starting anything is a good thing, because with it, you can have an overview, basics, and preparation for trading. it's just that the course must be trusted, because many people pay for the course, but most of them are given very basic material that you can even find on the internet, or they are deceived.

In fact, what is needed in trading is information, as well as mental readiness. however, if you really don't have any basis in this, learning it on your own might take a while, and requires trial and error. with the course, you can learn it in a nutshell.

if you have a course, I suggest looking for a place that you can do in person, not online. In addition, try to practice directly in the field. it will also give you experience.

[Mpamaegbu]

You mean to take a course that you will have to pay someone for? That is not necessary. There are may trading sites that offer free help by providing articles, it will be like that also on forex but I am specifically talking about crypto trading.

Whether the tutorial is paid for or not should be immaterial. Trading at whatsoever level isn't merely a theoretical thing. It's practical. It has to do with self. A lot of people know the theory about it but lose composure when on a trading platform, especially when it's live trading. So, theory won't matter if one can't control one's emotions. Emotion is the biggest killer when it comes to trading. Again, I'm one who don't believe in using the same trading tools provided by trading sites the same way the tools are put there. It's better to change default settings if you must use the tools on the site.

[Benefactor]

There are may exchanging locales that deal free assistance by giving articles, it will resemble that likewise on forex yet I am explicitly discussing crypto exchanging. You need to stay with the underlying objectives that have been planned previously, don't squander them since they are important.

[PhucS]

Is it really necessary to take a course before getting into trading?

I think this will depend on each person, this is not a must before entering the market. You can learn the knowledge shared for free on google, youtube, read the news about cryptocurrencies on reputable online newspapers. If you want, you can still take courses, but choose reputable and highly rated courses.

[ItsCrafty]

I don't even think that it is compulsory, but I suggest some beginners or newbies who are new in trading to take these courses and make some profit and learn some basic  trading strategies, that is why most of the traders also is going to suggest you this, and one another thing that it should be done by yourself too to get into trading.

[Nhor1011]

Is it really necessary to take a course before getting into trading?

For me it is not necessary to take course, all you need to do is learn even the basic of trading. But it depends on you if you want to go through that course as long as it can help you in doing trade, why not? Trading needs basic learning specially for beginners. You can't go to a battle without a weapon. Knowledge, strategy and understanding is important if you want to trade.

[blatchcorn]

Is it really necessary to take a course before getting into trading?

I think this will depend on each person, this is not a must before entering the market. You can learn the knowledge shared for free on google, youtube, read the news about cryptocurrencies on reputable online newspapers. If you want, you can still take courses, but choose reputable and highly rated courses.

With so much info and knowledge available free of cost its not wise to go for paid courses until or unless you find something extraordinary. IMHO, if you are new to trading then never ever start with huge capital rather start with a small capital, its a very common mistake made by new comers. One good resource for learning trading is bitcointalk.org, make it your habit to spend some time here daily if you are interested in learning trading.

[Silberman]

Is it really necessary to take a course before getting into trading?

The books or courses could help you theoretically to gain some information about the market rules and strategies and give you idea about how market works but speaking frankly when you enter the real world market you see lot of new things and slowly you learn from your mistakes.I have seen some successful traders who were not educated and they all learn while trading and gaining experience from mistakes.The courses are extra source of knowledge but only if they are correct but you will learn lot yourself.

Learning from experience is not wrong but it can be very costly unless the first thing you learned from the books were money management strategies, after all we know that newbies will have the tendency to make mistakes as everything is new to them, but if they do not know how to manage their money then they will take too many risks and in order to learn anything they will lose a lot of capital to the point that by the time they learn the basics their capital would have reduced significantly or even disappeared completely.

[Kelvinid]

Is it really necessary to take a course before getting into trading?

It is not necessary for everyone but how about yours? That will be a big question, unless if it is needed.

Well, learning about trading is very important. We have a lot of resources when it regards to that and if you are not lazy to search on the internet you will find them. Don't ever think that learning in trading can be done one day, if you wanted to become a good or successful trader constant learning is a must and I challenge you to do that.

[nurilham]

depending on the course, if the course is paid then there is no need to do that because there are many free courses that you can take so you don't have to pay for the course. increasing knowledge before trading is very important so that we can also trade well and think carefully. you just need to keep adding skills whether it's via the web, youtube, groups and I think it will be very helpful. don't be afraid to keep practicing and practicing so that we can find our own feel in trading.