Before getting into trading

[FourTHshoT]

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

Its not needed but its better for you to know some grond up stuff.

Before commence on crypto trading if you want to take pre trading that will helpful for your trading activities. If you think you need to take training for this then you can. But I think you have to work hard. And if you can learn it yourself, your education will be more effective. Trading is a financial platform where the risk of loss is 99% if you start without experience.

Im 100% agree with your theory.

[moderator's note: consecutive posts merged]

[Masplanc]

Absolutely correct.  It will help to know about the basic things concerning,  there are many benefits in learning before one start trading. One will understand all he needs to know in doing this, trading  is something want have to learn before starting to trade.

[shushu9977]

Trading is not easy to get profit. It is good if you will learn from any course from YouTube or any company. You can also learn from demo account. You should learn more and read articles or news. You get more knowledge before getting into trading.

[blockman]

Trading is not easy to get profit. It is good if you will learn from any course from YouTube or any company. You can also learn from demo account. You should learn more and read articles or news. You get more knowledge before getting into trading.

A demo account is a good start and learning it through a course, I don't think that you'll be needing those. You can learn it through several videos that are related to crypto trading.
But if you don't have those videos, you can learn how to do it with a guide from exchanges that you're going to choose. They have blogs and tutorials which you can choose to become fond of trading.

[maydna]

Trading is not easy to get profit. It is good if you will learn from any course from YouTube or any company. You can also learn from demo account. You should learn more and read articles or news. You get more knowledge before getting into trading.

Trading using a demo account can be a solution to learn to trade, especially when we are still learning because that can help us improve our trading skills. But it will feel different when we use a real account because the thrill will be there, and the sensation when we get profit or loss will be more excited. I prefer to start in a real account with a limited account, so the loss will not be too big if we lose the money.

[Peanutswar]

I would advise first of all to work on a demo account, or, alternatively, on a cent account. When I started working with a broker from Amarkets, I did just that. This allowed me to save a lot.

In some point having a demo account is a good head start with the market trading but of course some of them just want to have an insights what's in the world of trade but some parts there's a con with it they might not take it seriously. One of the best experiences is with applying with the real trade by this even though it costs while learning at the same time you are knowing with experience.  It's good if we have a real money like $100 dollars just to make trade for learning trade and of course, if you think trading is for you with this you can apply those mistakes and experience.

[pgbit]

Depends upon the trader that how much he has the knowledge about trading before. Trading requires more time than expected, and trading can be done by applying different strategies for which you have to be very careful. There are different websites for knowledge about the trading, but the main thing is experience which you need to get by your own.

[Kimonoe]

I would advise first of all to work on a demo account, or, alternatively, on a cent account. When I started working with a broker from Amarkets, I did just that. This allowed me to save a lot.

In some point having a demo account is a good head start with the market trading but of course some of them just want to have an insights what's in the world of trade but some parts there's a con with it they might not take it seriously. One of the best experiences is with applying with the real trade by this even though it costs while learning at the same time you are knowing with experience.  It's good if we have a real money like $100 dollars just to make trade for learning trade and of course, if you think trading is for you with this you can apply those mistakes and experience.

it is not wrong to choose a demo account at the beginning to learn to deal with the market. but here the difference between a real account and a demo account lies in the psychology of trading. although we use the same strategy, but the end result may be different. This is because psychology when using real money certainly has a greater burden

[jossiel]

Depends upon the trader that how much he has the knowledge about trading before. Trading requires more time than expected, and trading can be done by applying different strategies for which you have to be very careful. There are different websites for knowledge about the trading, but the main thing is experience which you need to get by your own.

And more time needed when you're starting.

That's needed for someone to get started in trading, it's not just you read and learn but you do it and learn so you'll get that idea just as what others are telling.

And you'll also see that trading has its own share of difficulty when you start.

[Ziskinberg]

Depends upon the trader that how much he has the knowledge about trading before. Trading requires more time than expected, and trading can be done by applying different strategies for which you have to be very careful. There are different websites for knowledge about the trading, but the main thing is experience which you need to get by your own.

And more time needed when you're starting.

That's needed for someone to get started in trading, it's not just you read and learn but you do it and learn so you'll get that idea just as what others are telling.

And you'll also see that trading has its own share of difficulty when you start.

That we never expect an easy trade at the start as surely it was too difficult. If that we think it was easy, I'm sure that person will never survive and will just quit.
That is why we should prepare everything we need. Like continuous learning, reading, and doing actual trading make change our minds and helps to improve our knowledge, not only in trading but also with the market in general which is very important. If we can manage to do these things, no doubt we will be able to achieve our goal.

[jossiel]

Depends upon the trader that how much he has the knowledge about trading before. Trading requires more time than expected, and trading can be done by applying different strategies for which you have to be very careful. There are different websites for knowledge about the trading, but the main thing is experience which you need to get by your own.

And more time needed when you're starting.

That's needed for someone to get started in trading, it's not just you read and learn but you do it and learn so you'll get that idea just as what others are telling.

And you'll also see that trading has its own share of difficulty when you start.

That we never expect an easy trade at the start as surely it was too difficult. If that we think it was easy, I'm sure that person will never survive and will just quit.
That is why we should prepare everything we need. Like continuous learning, reading, and doing actual trading make change our minds and helps to improve our knowledge, not only in trading but also with the market in general which is very important. If we can manage to do these things, no doubt we will be able to achieve our goal.

Well, it's the opposite.

If it's easy then everyone will survive and will just keep going since it's easy. Everybody loves the easy process and if trading is easy, you'll see people come and go with it because of that difficulty.

But it's a process to keep learning and there's an instance that beginners will find it hard and will come to the point of surrendering.

[Yamifoud]

I would advise first of all to work on a demo account, or, alternatively, on a cent account. When I started working with a broker from Amarkets, I did just that. This allowed me to save a lot.

In some point having a demo account is a good head start with the market trading but of course some of them just want to have an insights what's in the world of trade but some parts there's a con with it they might not take it seriously. One of the best experiences is with applying with the real trade by this even though it costs while learning at the same time you are knowing with experience.  It's good if we have a real money like $100 dollars just to make trade for learning trade and of course, if you think trading is for you with this you can apply those mistakes and experience.

it is not wrong to choose a demo account at the beginning to learn to deal with the market. but here the difference between a real account and a demo account lies in the psychology of trading. although we use the same strategy, but the end result may be different. This is because psychology when using real money certainly has a greater burden

Perhaps, it is a need to try for at least, by having a demo account will give us the benefit than to go directly for actual trading. In fact, it was a trial account and by that, we can also assess ourselves if we are meant to become a trader or not. However, being in actual trading is far different compared to it and we can feel the real feeling when we lose. We can't just stop there if we wanted to become successful traders, yeah, we need to risk money as the only way to know more about trading and at the same time, we eventually learn a lot.

[Hobo66]

You need to be able to see a bright future ahead of you. To make money from trading, you must first figure out why you want to do it and how much money you want to put into it. People occasionally deposit big quantities of money but are unable to multiply them. As a result, rather than profiting, they lose money. You should investigate the marketing equipment and resources that are used to make money.

[LUCKMCFLY]

Depends upon the trader that how much he has the knowledge about trading before. Trading requires more time than expected, and trading can be done by applying different strategies for which you have to be very careful. There are different websites for knowledge about the trading, but the main thing is experience which you need to get by your own.

And more time needed when you're starting.

That's needed for someone to get started in trading, it's not just you read and learn but you do it and learn so you'll get that idea just as what others are telling.

And you'll also see that trading has its own share of difficulty when you start.

That we never expect an easy trade at the start as surely it was too difficult. If that we think it was easy, I'm sure that person will never survive and will just quit.
That is why we should prepare everything we need. Like continuous learning, reading, and doing actual trading make change our minds and helps to improve our knowledge, not only in trading but also with the market in general which is very important. If we can manage to do these things, no doubt we will be able to achieve our goal.

From my own experience I affirm that it is best to educate yourself before entering to trade in any exchange, and once we have read books, as I did in my case, there is a different appreciation of the market than others, and you will be able to understand why of many movements, but that does not mean that we are experts to understand well only one part of the market, there is still a lot to do, and one of the things that few do but that for me is fundamental is to trade with fictitious money, if at least I know If they made 50 to 100 fictional operations in an exchange, not only would the necessary experience be taken, but the strategies would be tested and the tools offered by the exchange would be fully understood.

[Mahanton]

Depends upon the trader that how much he has the knowledge about trading before. Trading requires more time than expected, and trading can be done by applying different strategies for which you have to be very careful. There are different websites for knowledge about the trading, but the main thing is experience which you need to get by your own.

And more time needed when you're starting.

That's needed for someone to get started in trading, it's not just you read and learn but you do it and learn so you'll get that idea just as what others are telling.

And you'll also see that trading has its own share of difficulty when you start.

That we never expect an easy trade at the start as surely it was too difficult. If that we think it was easy, I'm sure that person will never survive and will just quit.
That is why we should prepare everything we need. Like continuous learning, reading, and doing actual trading make change our minds and helps to improve our knowledge, not only in trading but also with the market in general which is very important. If we can manage to do these things, no doubt we will be able to achieve our goal.

From my own experience I affirm that it is best to educate yourself before entering to trade in any exchange, and once we have read books, as I did in my case, there is a different appreciation of the market than others, and you will be able to understand why of many movements, but that does not mean that we are experts to understand well only one part of the market, there is still a lot to do, and one of the things that few do but that for me is fundamental is to trade with fictitious money, if at least I know If they made 50 to 100 fictional operations in an exchange, not only would the necessary experience be taken, but the strategies would be tested and the tools offered by the exchange would be fully understood.

Know the basics first and then let experience do the rest of learning! Thing here is that you wont really easily give up and get discourage whenever you do commit out mistakes more often because this is just normal because we are just still noobs and its just really cant be avoided on not to commit mistakes.Thing here is that you do learn whenever those things you had encountered along the way and also you should set out specific goals gradually and dont make yourself to be in rush
when you do make out decisions.

[worldofcoins]

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

It's not about the course but yes learning basic skills are mandatory which is also a key factor for trading. No work can be done if you are not having sufficient basic knowledge. It would be as same as you have bought a new car but don't know how to drive it, but yet if you try to drive it you may have to face great damage and loss of your vehicle. The same goes for trading. If you haven't acquired the basic knowledge of trading you might have to face a great loss and disappointment. Also start with a little investment, as it may reduce the chances of loss.

[TelolettOm]

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

It's not about the course but yes learning basic skills are mandatory which is also a key factor for trading. No work can be done if you are not having sufficient basic knowledge. It would be as same as you have bought a new car but don't know how to drive it, but yet if you try to drive it you may have to face great damage and loss of your vehicle. The same goes for trading. If you haven't acquired the basic knowledge of trading you might have to face a great loss and disappointment. Also start with a little investment, as it may reduce the chances of loss.

Yes I agree, learning about crypto and trading basically are the basic things before we enter to trading crypto industry. And we can learn it from many source. Not always to take a course. But if we are going to take a course in trusted course of course, it  will be also helpful moreover if we are from basic enough.
But we must also set our mind about trading, that is trading will not always give or earn us  money, it will also give us risks that we must face and also we try to avoid even this may be very difficult.

[milewilda]

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

It's not about the course but yes learning basic skills are mandatory which is also a key factor for trading. No work can be done if you are not having sufficient basic knowledge. It would be as same as you have bought a new car but don't know how to drive it, but yet if you try to drive it you may have to face great damage and loss of your vehicle. The same goes for trading. If you haven't acquired the basic knowledge of trading you might have to face a great loss and disappointment. Also start with a little investment, as it may reduce the chances of loss.

Yes I agree, learning about crypto and trading basically are the basic things before we enter to trading crypto industry. And we can learn it from many source. Not always to take a course. But if we are going to take a course in trusted course of course, it  will be also helpful moreover if we are from basic enough.
But we must also set our mind about trading, that is trading will not always give or earn us  money, it will also give us risks that we must face and also we try to avoid even this may be very difficult.

Usually in investment and holding for long term then you would basically be learning its fundamentals like news and updates but speaking with trading then

you would be basically be needing in other aspects as well on which you do need to learn up the basics and keep on doing it until  you do gain experience.
Wont really be easy as newbies do really think off on the beginning because it would take lots of effort and time for you to have a good grasp on everything.

[awik p]

taking trading courses will really help us to get to know from the beginning about the world of trading, that way we will be more in order in learning trading, so that we have the right knowledge. Of course what we are waiting for is the trading strategy from our course, but as ourselves, of course over time our trading style will form by itself.

[junmisakiro]

taking trading courses will really help us to get to know from the beginning about the world of trading, that way we will be more in order in learning trading, so that we have the right knowledge. Of course what we are waiting for is the trading strategy from our course, but as ourselves, of course over time our trading style will form by itself.

that's true and I don't think taking a trading course has to follow it but before you want to start trading, you must understand the basics first to reduce risk or things you don't want to happen, wherever it is, of course, before jumping in to follow it, you must understand first. about trading knowledge broadly I think will be learned over time as you said.