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Author Topic: Which rookie candidate will make a better trader and quickly too?  (Read 339 times)
Desmong
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April 17, 2022, 10:55:57 PM
 #41

I think the candidate that decided to pay someone to learn it from them might end up having limited understanding about what trading really entails. The candidate will be better more if they go as far to gain more knowledge from online resources or seek for mentorship so they can have better knowledge on what trading is all about.

 The other candidates that decided to have self learning might have some difficulty in understanding so parts when it comes to trading. He will understand trading but still need a mentor that will be a guidian based on the person's experience so far.

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April 19, 2022, 11:25:05 AM
 #42

... The other candidates that decided to have self learning might have some difficulty in understanding so parts when it comes to trading. He will understand trading but still need a mentor that will be a guidian based on the person's experience so far.

The teacher will not be able to teach you more than he himself knows. But there is no doubt that he will teach you basic knowledge, on the basis of which you will be able to study independently. Thus, using this knowledge and gaining experience from independent trading, you will be able to improve your trading skills.

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April 22, 2022, 12:33:57 PM
 #43

Learning better or learning faster because both can't happen at once, you can hire someone and pay few thousand dollars for a week to teach you about trading strategies but no one can give assurance that you will be in profits because you learnt all those strategies which is something you can achieve from your experience.

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April 22, 2022, 02:14:49 PM
 #44

I think the candidate that decided to pay someone to learn it from them might end up having limited understanding about what trading really entails. The candidate will be better more if they go as far to gain more knowledge from online resources or seek for mentorship so they can have better knowledge on what trading is all about.

 The other candidates that decided to have self learning might have some difficulty in understanding so parts when it comes to trading. He will understand trading but still need a mentor that will be a guidian based on the person's experience so far.
But that means risking the idea that the candidate would need to learn everything all at once, from the jargon to what that means to what this means. It's a convoluted mess if you don't know what you're studying, and even if you do try to set a path, each path would have branching paths that you'd need to understand and look up yourself which makes it really difficult. Having someone teach you at the very least puts you on a path, even if it does limit what you learn.

R


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April 22, 2022, 02:49:19 PM
Last edit: April 22, 2022, 05:42:01 PM by TheUltraElite
 #45

I think self learning is possible in this sector. There are resources available but it becomes better if someone does some hand holding. While this is best done with someone who has good intentions it is often taken up by shill promoters on YouTube and social media where in the problem starts.

Previous experience in stocks and other fiat markets do help is guiding the basics about Bitcoin and that becomes important to a new entrant. Someone who knows how market psychology works can remain strong during severe movements and still manage to trade in profit.

Reading books help, but often books are written with the motive of pushing some specific concepts because nobody out there is going to peer-review a book on trading strategies.

R


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April 22, 2022, 03:43:41 PM
 #46

Learning better or learning faster because both can't happen at once, you can hire someone and pay few thousand dollars for a week to teach you about trading strategies but no one can give assurance that you will be in profits because you learnt all those strategies which is something you can achieve from your experience.
This is true. Therefore, we better learn from various sources and use the money we have to try to trade. As long as we can still get trading lesson materials for free, we can use them for our purposes. In addition, by learning on our own and experiencing various kinds of mistakes, we can also learn to analyze to correct our previous mistakes. Of course, it will be able to increase our ability to trade.

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