Tutored or you learned how to trade?

[stomachgrowls]

Whether you are tutored or self-taught, you will lose in your first trade, if not in the subsequent trades, because trading isn't trading if you aren't losing. I think we started mostly by self-learning, like the basics, but before that, there was really someone who guided us on where to start our trading journey. I learned the basics of trading on my own, but when I already started to formulate my strategy, I mostly sought help from others or saw their strategy so that I could tweak it.

This is true and indeed reality, there's no way you could really avoid that because everything or anyone do start on being a noob on which it would really be just normal that you would really be committing out those mistakes which is really very that normal.Doesnt matter on what method or path you do able to make yourself able to make trading because what matter most is on how you do make out yourself
to be sustainable and something you do able to learn up along the way.There's several methods or ways but it would really be still up to you on how you would gonna
handle things up.

[Oshosondy]

According to what people have been posting in conclusion, self learning in trading can be helpful if having the right articles to read and the right videos to watch. Tutoring which is not a scam is good too, some can be scam. If a newbie traders go for self learning or tutoring, that does not mean that the basic has been escaped by the newbie traders, they are newbies, they will learn, have knowledge, have experience, have some losses. That is the reason it is advisable for newbies to always use low amount of money to trade which they can afford to lose if they actually lose it. One of the most important thing that newbie  traders should read in trading which is very important is risk management.

[Mauser]

How about you people that had a tutor, were you able to be taught in a way you do not lose in the beginning? I only started to make profit some months ago and till now though, but I lost for almost 2 to 3 years. Maybe tutoring can help to avoid losses?

I learned trading from reading books. Back in the days there weren't so many articles online about money management and how to trade, same goes for all the youtube videos you can find online now. When learning something new today my first step is always youtube and see if someone made a video about it. It is something completely different to see someone doing actually while explaining it, rather than only reading about it in a book. When I was 15-16 I got my first book from a big stock trader from 1980/90s as a birthday gift. I loved the book and read it pretty quickly, after that I got hooked on the whole topic of investing and trading and looked for more books. In my last year of high school we had a trading simulation by one of the big banks in my hometown. For 3 months we could buy all types of stocks and options in their system and the students with the highest return would get a price. This was a pretty good learning experience as it showed me how the whole banking system was working and that there were a lot of more assets to invest in that ordinary stocks. Futures and Options can make much higher returns and are a great tool if you only have limited capital to make a big bet. I would recommend any beginner to try and participate in these trading simulations, they are free and you can learn a lot.

[michellee]

Usually, a beginner will seek help from friends who are used to trading and they will start learning from that friend. And after they can get basic lessons about trading, they still learn on their own from many sources while still asking their friends who are used to trading. But most people don't want to learn more and only depend on their friends because they are lazy to learn what they need in trading.

This has happened to people so much that instead of improving their analytical skills, they seek advice from their friends about what coins they should buy. And many of them don't control the amount of their buy-in and tend to buy in using an all-in. This is very risky for beginners and even professional traders because we don't know when the market will turn in the direction we want.

[RealMalatesta]

Usually, a beginner will seek help from friends who are used to trading and they will start learning from that friend. And after they can get basic lessons about trading, they still learn on their own from many sources while still asking their friends who are used to trading. But most people don't want to learn more and only depend on their friends because they are lazy to learn what they need in trading.

Such people cannot sustain in any market, I am sure. Being lazy could be traders' first enemy which will ending up destroying them sooner or later. Some people may sound like lazy when tutoring is available for free of cost but when they availing such services for some fee then they may not go for it frequently and from that point, they may start learning and looking for possibilities to trade by themselves.

In my beginning days I looked for knowledge from my friends but due to their hectic schedule, I started with demo account and learnt everything by self.

[tvplus006]

...How about you people that had a tutor, were you able to be taught in a way you do not lose in the beginning? I only started to make profit some months ago and till now though, but I lost for almost 2 to 3 years. Maybe tutoring can help to avoid losses?

It is obvious that those who used the services of a tutor spent less time for training and, accordingly, started independent profit trading earlier. Only, as a rule, at the initial stage there are very few such beginners who are willing to pay for such training. This is due to the fact that most people believe that it is possible to comprehend the basics of trading on their own, according to free lessons that are freely available.

[Zilon]

I tried learning how to trade through watching YouTube videos and reading books on trading but it was so complex to understand. I also tried trading using demo accounts from free brokers because I started with forex but yet nothing worked it was all loss for me. So l had to source for a physical mentor that way I was able to build my own strategy. It's not that I didn't encounter losses but someone was there to guide me. What my tutor showed me wasn't different from the videos I watched online but it seems because I had the opportunity to ask questions when needed.

[Fara Chan]

At first I taught myself to trade using articles and several videos related to trading, at that time I understood the technical workings and strategies in the world of trading, and I preferred it in small quantities, in the world of trading it is very much related to psychology, why did I say so because if we are not ready then we will lose, but in this case we will learn to maximize knowledge and experience to make a profit.

I prefer to learn trading on my own because I believe that trading cannot be taught, but we can only understand its movements and directions. I think this trading knowledge will appear in the field as soon as we start trading with a note that we already understand how it works and technically.

[Xinarae*]

Tutorials are very helpful for newbies in the world of trading but in my opinion own experience is the most effective way to learn to trade. Besides, you can gain good knowledge and experience about various technical and fundamentals by practicing demo trading also you can manage trading strategy by following news on news site factory. And the faster you can gain knowledge and experience about trading the faster you can get success from trading.

[Franctoshi]

Mine trading experience is from a bit combination of mainly watching online videos , reading of trading books etc and a few one on one training. It doesn't really matter if you were tutored or you learn it yourself watching videos but what matters is the passion you have for trading , So passion for trading is one of the things you should have to learning how to trade very fast and become profitable.

[Wiwo]

For newbie traders to learn.

I want to have a broader knowledge about this because I do not want to be discussing partially about what I did when I wanted to learn crypto trading.

First thing first, this is what I did.
I learn trading myself, using articles and videos from trading sites. It was fun for me because I like to learn if it is about what could earn me money.

Even though trading is one of the things I fear most since I lack the basic trading skills that could help me to make some decent profits or protect my capital from loses, my first attempt was not funny I lost almost everything and I lacked the capital to continue so since then I have not tade again is prefer holding my bitcoin and DCA at every given point.

How about you people that had a tutor, were you able to be taught in a way you do not lose in the beginning? I only started to make profit some months ago and till now though, but I lost for almost 2 to 3 years. Maybe tutoring can help to avoid losses?.

Even though the fact remains that trading is peculiar to gambling as you mentioned earlier,  the truth is, beginning trading under a tutor helps limit the chances of losing even though it can not guarantee 100% profits.

[virasisog]

First thing first, this is what I did.
I learn trading myself, using articles and videos from trading sites. It was fun for me because I like to learn if it is about what could earn me money.

I did the same thing. I was actually clueless about trading when I started so I had the eagerness to learn how others make profit through it. I learned through all the reliable resources that I have found online. I watched video tutorials and took time to read informative articles on how to do it including its risks.
It was hard at first but if you have the willingness to try and apply all that you have learned seriously, you won't be needing to pay trading tutors. Trading is a long process of learning and yes, I also had losses, plenty of losses but I consider that as a part of the learning process.

[Obari]

I agree with you that tutoring can help reduce losses and to be frank, I also did learnt how to trade by myself and it wasn't an easy one.
I first started on DerivGo app and I was trading synthetic indices and I made over two thousand dollars when I first started trading with $100 and I did that figure of two thousand dollar in less than 48 hours and that has been one of my success stories in trading, but I allowed the  success get into my head and started trading recklessly and it wasn't a funny one because I had to borrow $100 for my next trading journey ad I started making a whole lot of losses and had to take a break because I blew that account and went into debt and I also learnt that lesson in a very hard way.
I will always advice that no matter how much videos you watch online and articles you might have read, I think the importance and benefits of physical tutorship can't be over emphasized.

[tjtonmoy]

I got a bit of both. A friend of mine taught me the basics of spot trading, as it was very easy to do. He used to tell me the calls on when to buy and when to sell. I was a bit curious about everything and learned that I can make more money in future trading while investing less. I tried it out myself and lost a bit on that process. After that, I learned my lesson and basically was doing spot trading only.
Then I came across free crypto signals on youtube. Got curious and not having proper knowledge, lost couple of dollars again. After that I become so obsessed with learning the proper way. Then after learning the proper way, I was making good money.
Now I'm out of the market because it is very unstable. Will continue when the time is right again.

[Davidvictorson]

Learning from a tutor is good and learning by yourself is also good. However, it depends on which tutor you learn from. Some tutors are just after the money. Personally, I am a friend who has been a trader for many years whom I turned to after I noticed that one of the so called tutors  I contracted to teach me online was acting funny. Now, I have a face-face meeting with my trader friend. He also share some resources with me too. I am taking baby steps on this one.

[maydna]

Learning from a tutor is good and learning by yourself is also good. However, it depends on which tutor you learn from. Some tutors are just after the money. Personally, I am a friend who has been a trader for many years whom I turned to after I noticed that one of the so called tutors  I contracted to teach me online was acting funny. Now, I have a face-face meeting with my trader friend. He also share some resources with me too. I am taking baby steps on this one.

Sometimes finding a tutor is not as easy as one might think because of the many people we meet, not all of them want to share their trading knowledge. This makes us have to be able to find trading information on our own from other places, and we can't just rely on a tutor. The more we can learn from other people who teach good trading knowledge, the more we can develop the trading knowledge that we have. I also often discuss with trader friends and have face to face meetings but since the market has decreased from $ 20k to $ 16k, we choose only to trade a little and only focus on investing in bitcoins.

[SquallLeonhart]

Learning from a tutor is good and learning by yourself is also good. However, it depends on which tutor you learn from. Some tutors are just after the money. Personally, I am a friend who has been a trader for many years whom I turned to after I noticed that one of the so called tutors  I contracted to teach me online was acting funny. Now, I have a face-face meeting with my trader friend. He also share some resources with me too. I am taking baby steps on this one.

External help is good but that should be in a way like not making the learner lazy. I have friends who keep on annoying me for every reversal of bitcoin market but I do keep on replying them to focus on learning and practicing technical analysis or to stop trading bitcoin completely rather than depending on me to take decisions on their hard earned money.

Having mentor is good but only up to certain point. Beginners should learn to trade by themselves. Because, in my opinion depending on others for decision making might worsen total trading plans.

[YOSHIE]

How about you people that had a tutor,

I was originally also layman in trading methods hoping to make a profit but instead lost, over time I had to be able to, Of course, there is no escape from learning methods to get good results, that's for sure, overall crypto trading cannot be separated from activity and the market is actually.

What is certain is that if I want to be successful and progress in trading, of course trading must be done alone, what's more now that crypto trading science methods and strategies are easy to get on the internet, I have tried that, but not all of us expect to learn trading on the internet, I can't be separated from my friends who already have experience in the world of crypto trading, the point is that I learn more from crypto trading experts, maybe the language of terms I'm not ashamed to want to learn and ask more about crypto trading, I really throw away the shame to want to learn, that's the point.

[ShowOff]

Learning from a tutor is good and learning by yourself is also good. However, it depends on which tutor you learn from. Some tutors are just after the money. Personally, I am a friend who has been a trader for many years whom I turned to after I noticed that one of the so called tutors  I contracted to teach me online was acting funny. Now, I have a face-face meeting with my trader friend. He also share some resources with me too. I am taking baby steps on this one.

Learning from a tutor is certainly better than studying on your own, but as you said, some tutors just want to earn money without actually teaching them. So far getting information about trading is not difficult because there are many resources to learn from, youtube and some articles are also good to learn some techniques, but a demo account with fake money is also good for a start.

Success will only be obtained when they understand how to apply the techniques they have learned, but sometimes they are too hesitant to make decisions because their experience and self-control are not good enough.

[Peanutswar]

Today theres alot of sources in the internet. All we need is to take some time to read those, learn and apply them to the actual trading, at the first thing I do is to make analyze what the fundamentals I need to know with it are, so I can understand how does the market movement works which is the technical analysis, and by that, I seek some strategy how to become a more efficient trader. Now im still continuously learning through my experience and others knowledge so i can make execution properly with those trades.