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Author Topic: Tutored or you learned how to trade?  (Read 1340 times)
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January 13, 2023, 02:51:13 PM
 #81

Another disadvantage that mentors have is that they could be very accomplished traders but that does not make them good teachers, I remember that when I was at high school there was a teacher that was obviously very good at math but very bad at teaching and the students which took his class kept failing at an outstanding rate, so even if his skill was way above the average when it came to high school math teachers, he still got very bad results when it came to teaching, and it is to be expected the same could be true for traders as well.

You are right, not because you are good into something you can be a good teacher or mentor, chances are, there's people who have slow adoption with things that they are not familiar with, while you wanted them to adopt and you wanted to share all the information that you know that can help them.

If they don't have that capabilities, then it won't let them to succeed. Mentors are good but it will depend on how a person will aim his success and how serious he will take to bring something good to his investment.
This also depends heavily on what kind of strategy the mentor is trying to teach, in my experience traders have a problem explaining their strategy as a great deal of what they do is done at a subconscious level as their strategies depend heavily on their experience they have accumulated on the markets over the years, and this is not something that you can teach as there are many things you cannot learn by reading books but by doing them, so this is one additional challenge tutors have when trying to teach how to trade to others.

Experienced gives you the right adjustment that you need to do, unlike with books where you are anticipating base from how the data will show you. There are times that it will be your experienced that will drive you to adjust or to continue whatever the market direction is already in front of you.

I mean, a tutor can easily change his strategy simply because they see something that according to their experience will needed of adjustment, unlike with the student. They will wait till they see the sign or the database on the books, which most of the time, especially
inside crypto, where volatility is really active.

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January 13, 2023, 03:26:00 PM
 #82

I mean, a tutor can easily change his strategy simply because they see something that according to their experience will needed of adjustment, unlike with the student. They will wait till they see the sign or the database on the books, which most of the time, especially
inside crypto, where volatility is really active.
yes, the experience will be very important to make a trading plan. even though the skills and knowledge are already owned, what happens in the market is sometimes not by the knowledge when we learn some trading skills.
those with experience combine their skills and experience when dealing with something they may have faced before in the market. some signs shown in the market usually give a trader experience that is always focused.



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January 13, 2023, 05:03:45 PM
 #83

I mean, a tutor can easily change his strategy simply because they see something that according to their experience will needed of adjustment, unlike with the student. They will wait till they see the sign or the database on the books, which most of the time, especially
inside crypto, where volatility is really active.
yes, the experience will be very important to make a trading plan. even though the skills and knowledge are already owned, what happens in the market is sometimes not by the knowledge when we learn some trading skills.
those with experience combine their skills and experience when dealing with something they may have faced before in the market. some signs shown in the market usually give a trader experience that is always focused.

Tutors should only serve as our guide but we shouldn't let them decide for us. For me, it's better to learn trading by ourselves using the resources that we can find everywhere on the internet as long as we find them from reliable sources. It's just fine to ask for help from experienced trading but we should also find ways to learn personally. Our experience will always be the best teacher that we could have and that applies even in trading. It could be hard in the beginning but we can take one step at a time to adapt to things easily.
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January 13, 2023, 09:25:32 PM
 #84

I mean, a tutor can easily change his strategy simply because they see something that according to their experience will needed of adjustment, unlike with the student. They will wait till they see the sign or the database on the books, which most of the time, especially
inside crypto, where volatility is really active.
yes, the experience will be very important to make a trading plan. even though the skills and knowledge are already owned, what happens in the market is sometimes not by the knowledge when we learn some trading skills.
those with experience combine their skills and experience when dealing with something they may have faced before in the market. some signs shown in the market usually give a trader experience that is always focused.
Knowledge is the first thing you should have, you can't gain experience without having knowledge first because it would be like me trying to solve high end mathematical questions without being in any of the classes, would just look at it like nothing and just pick one of the answers randomly.

But, if you gained knowledge and do not take the test, then you will also be bad in that situation as well and that doesn't make sense neither. So all in all, the best thing to do would be making sure that you get the knowledge first and then gain the experience afterwards, it would definitely help you out a lot and it would give you the best results possible.
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January 13, 2023, 10:13:30 PM
 #85

I mean, a tutor can easily change his strategy simply because they see something that according to their experience will needed of adjustment, unlike with the student. They will wait till they see the sign or the database on the books, which most of the time, especially
inside crypto, where volatility is really active.
yes, the experience will be very important to make a trading plan. even though the skills and knowledge are already owned, what happens in the market is sometimes not by the knowledge when we learn some trading skills.
those with experience combine their skills and experience when dealing with something they may have faced before in the market. some signs shown in the market usually give a trader experience that is always focused.
Knowledge is the first thing you should have, you can't gain experience without having knowledge first because it would be like me trying to solve high end mathematical questions without being in any of the classes, would just look at it like nothing and just pick one of the answers randomly.

But, if you gained knowledge and do not take the test, then you will also be bad in that situation as well and that doesn't make sense neither. So all in all, the best thing to do would be making sure that you get the knowledge first and then gain the experience afterwards, it would definitely help you out a lot and it would give you the best results possible.
Knowledge is something you do gain from experience and this is what i would say that the thing you had mentioned is totally  should be reciprocal.How you would gain knowledge?This is through experience but of course on making yourself that able to have a good path on experiencing things then you would need to know the basic principles and terms which it is really that given or something that is really that
being a standard thing for a certain individual to do if they are really that dedicative on learning on what they are currently dealing with.Just like others been saying that it wont matter whether you are really that
making up some tutor or learning something from this source or would really make yourself to be self learn as long you do able to know up things on something that you do tend to deal with.

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January 13, 2023, 10:15:03 PM
 #86

There are pros and cons in learning alone and having a mentor. When you learn under a mentor you will meet some smoothened roads and can easily climb the later up. But one of the disadvantages could be that you will lack confidence and experiences and that means you many not be able to handle some tasks in absence of your mentor.

Unlike a solo learner who might have failed several times and gained experiences to deal with the challenges in case of future occurrences.  And this person will make a better mentor when their time comes

Yes, in fact learning with a mentor would be a very good option because it can guide you through many things, and be a true crack, although a mentor also has some mistakes, apart from a good mentor I would also focus on finding some books so that your knowledge is much more complete, there is nothing better than books, books for me are the best mentors, and more when it comes to speculators, it is from the market, investors, who have a lot of experience with respect to the market, if we make a break We know that there are many good books, we have investors like Warren Buffet, we also have market speculators like Wyckoff, whose advice is fully applicable to the crypto market.


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January 13, 2023, 11:42:12 PM
 #87

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.
This was what I did first when started trading cryptocurrencies. And this led me to start trading without enough knowledge because I was eager to start as soon as possible by only reading or learning myself in quick times. this was so a bad starter so I failed easily and quickly only by trading several times, only taking profits very few at that time.

Then, I searched for a group that could give me and discusses trading ways, I also joined a VIP signal trading. I learned much from them, more easily than learning byself. But, this also didn't work very well because of inconsistency and sometimes laziness to improve the ability to compare and analyze the signal that was shared with us. That proved that even VIP signal trading will not work if we also cannot learn and analyze the market itself.

Here, it means that in crypto trading, we need to be consistent and serious enough to learn and understand the information, sharing, discussion,, strategy, and also other ways even me, with others, and also tutor. If we are consistent, we may be more able to accept and develop ourselves in trading.

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January 14, 2023, 07:16:26 AM
 #88

I mean, a tutor can easily change his strategy simply because they see something that according to their experience will needed of adjustment, unlike with the student. They will wait till they see the sign or the database on the books, which most of the time, especially
inside crypto, where volatility is really active.
yes, the experience will be very important to make a trading plan. even though the skills and knowledge are already owned, what happens in the market is sometimes not by the knowledge when we learn some trading skills.
those with experience combine their skills and experience when dealing with something they may have faced before in the market. some signs shown in the market usually give a trader experience that is always focused.
Knowledge is the first thing you should have, you can't gain experience without having knowledge first because it would be like me trying to solve high end mathematical questions without being in any of the classes, would just look at it like nothing and just pick one of the answers randomly.

But, if you gained knowledge and do not take the test, then you will also be bad in that situation as well and that doesn't make sense neither. So all in all, the best thing to do would be making sure that you get the knowledge first and then gain the experience afterwards, it would definitely help you out a lot and it would give you the best results possible.
Knowledge is something you do gain from experience and this is what i would say that the thing you had mentioned is totally  should be reciprocal.How you would gain knowledge?This is through experience but of course on making yourself that able to have a good path on experiencing things then you would need to know the basic principles and terms which it is really that given or something that is really that
being a standard thing for a certain individual to do if they are really that dedicative on learning on what they are currently dealing with.Just like others been saying that it wont matter whether you are really that
making up some tutor or learning something from this source or would really make yourself to be self learn as long you do able to know up things on something that you do tend to deal with.

As long as there's a will inside you, whether with tutor or without it what matter is you are willing to take your step in learning the fundamentals and try to find ways to work your way up, there are many traders and investors who use different path but both are aiming for good success, whatever way you walk as long as you are to be determined to learn things.

Your experiences will drive you to find the best pattern to move forward and successfully make you for the business outcome that you dreamed.

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January 14, 2023, 09:22:48 AM
 #89

I mean, a tutor can easily change his strategy simply because they see something that according to their experience will needed of adjustment, unlike with the student. They will wait till they see the sign or the database on the books, which most of the time, especially
inside crypto, where volatility is really active.
yes, the experience will be very important to make a trading plan. even though the skills and knowledge are already owned, what happens in the market is sometimes not by the knowledge when we learn some trading skills.
those with experience combine their skills and experience when dealing with something they may have faced before in the market. some signs shown in the market usually give a trader experience that is always focused.
Knowledge is the first thing you should have, you can't gain experience without having knowledge first because it would be like me trying to solve high end mathematical questions without being in any of the classes, would just look at it like nothing and just pick one of the answers randomly.

But, if you gained knowledge and do not take the test, then you will also be bad in that situation as well and that doesn't make sense neither. So all in all, the best thing to do would be making sure that you get the knowledge first and then gain the experience afterwards, it would definitely help you out a lot and it would give you the best results possible.
Knowledge is something you do gain from experience and this is what i would say that the thing you had mentioned is totally  should be reciprocal.How you would gain knowledge?This is through experience but of course on making yourself that able to have a good path on experiencing things then you would need to know the basic principles and terms which it is really that given or something that is really that
being a standard thing for a certain individual to do if they are really that dedicative on learning on what they are currently dealing with.Just like others been saying that it wont matter whether you are really that
making up some tutor or learning something from this source or would really make yourself to be self learn as long you do able to know up things on something that you do tend to deal with.

As long as there's a will inside you, whether with tutor or without it what matter is you are willing to take your step in learning the fundamentals and try to find ways to work your way up, there are many traders and investors who use different path but both are aiming for good success, whatever way you walk as long as you are to be determined to learn things.

Your experiences will drive you to find the best pattern to move forward and successfully make you for the business outcome that you dreamed.
That's right, and it all depends on our intentions because if we just try to play, it will be useless,
traders who really have a strong determination I think they will continue to try to learn new things and not rely on tutors,
besides that to get the best pattern it also requires a process.
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January 14, 2023, 10:50:53 AM
 #90

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.
This was what I did first when started trading cryptocurrencies. And this led me to start trading without enough knowledge because I was eager to start as soon as possible by only reading or learning myself in quick times. this was so a bad starter so I failed easily and quickly only by trading several times, only taking profits very few at that time.

Sometimes in the beginning of trading it is always like this people tend to lose money excessively , but I think the reason for the lose is to understand and learn trading very well. Without this loses in the beginning we may not  have learned what we are supposed to know in trading,  the loses developes traders ahead for the future. I see this as a normal thing for all beginners,  when it is bad is to keep on allowing the losses to take place. Lose should be a reason why beginners must learn very well.

R


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January 14, 2023, 10:57:28 AM
 #91

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.
This was what I did first when started trading cryptocurrencies. And this led me to start trading without enough knowledge because I was eager to start as soon as possible by only reading or learning myself in quick times. this was so a bad starter so I failed easily and quickly only by trading several times, only taking profits very few at that time.

Sometimes in the beginning of trading it is always like this people tend to lose money excessively , but I think the reason for the lose is to understand and learn trading very well. Without this loses in the beginning we may not  have learned what we are supposed to know in trading,  the loses developes traders ahead for the future. I see this as a normal thing for all beginners,  when it is bad is to keep on allowing the losses to take place. Lose should be a reason why beginners must learn very well.

Losses are natural in trading, mostly for newbies, because this is a test to see if they can overcome them and learn from them. Losses, as most others have stated, are your best teacher in trading, as they teach you valuable lessons. Though we should also control our losses to the point that we don't burn through our account, When I first started, I had a lot of losses, whether they were demo or live, but the important thing is that with each loss, I adjusted my strategy based on what I learned. 
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January 14, 2023, 01:02:09 PM
 #92

It's good to possess some fear because it motivates us to try to to better an excessive amount of of an honest thing are often harmful. Therefore, when traders act on fear they'll exit an edge too quickly, reducing their profits, or a series of losses may intensify the fear that's normal. having the ability to spot this emotion is that the initiative to overcoming it. during this  practice your skills immediately or test the strategy on a demo account it's knowing learn from trading and improve your trading skills.

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January 14, 2023, 06:22:52 PM
 #93

It's good to possess some fear because it motivates us to try to to better an excessive amount of of an honest thing are often harmful. Therefore, when traders act on fear they'll exit an edge too quickly, reducing their profits, or a series of losses may intensify the fear that's normal. having the ability to spot this emotion is that the initiative to overcoming it. during this  practice your skills immediately or test the strategy on a demo account it's knowing learn from trading and improve your trading skills.
A teacher of mine once told me that if I am feel scared or feeling dread when I am doing a presentation in front of everyone, then it means I care about what I am about to say and that's actually a good thing. If you have zero fear about trading then you do not care about it and you are either a newbie or a moron.

Anyone who trades, even the best professionals, make that trade as an important thing and they fear the results, you could trade 100 dollars or 100 million dollars, but at the end of the day the fear is the same which is losing money and everyone has their own funds. I believe that we shouldn't be calm in the sense that we should be worried and not do anything, but we should at least fear the results.
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January 14, 2023, 10:40:24 PM
 #94

That's right, and it all depends on our intentions because if we just try to play, it will be useless,
traders who really have a strong determination I think they will continue to try to learn new things and not rely on tutors,
besides that to get the best pattern it also requires a process.
Those that have determination, they won't neglect every single piece of information that they can take. Even if it's from tutors, they'll take it lightly if they see that it's something useful for their trades.
Just because you're into tutors doesn't mean that you'll rely solely on them, it's a good step forward when you start asking for their help and then eventually you'll learn on your own and stand onto your own ground.

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January 14, 2023, 10:53:57 PM
 #95

That's right, and it all depends on our intentions because if we just try to play, it will be useless,
traders who really have a strong determination I think they will continue to try to learn new things and not rely on tutors,
besides that to get the best pattern it also requires a process.
Those that have determination, they won't neglect every single piece of information that they can take. Even if it's from tutors, they'll take it lightly if they see that it's something useful for their trades.
Just because you're into tutors doesn't mean that you'll rely solely on them, it's a good step forward when you start asking for their help and then eventually you'll learn on your own and stand onto your own ground.

collect and filter what's good for your growth when it comes to trading. sometimes the technique is not good for the moment but it will be useful in some situations. in trading, you can't apply all your learnings all at once. it depends on the situation on hand. tutored or not, it depends on how you use your learnings throughout your journey. sometimes even if you know such trick, you still make the same mistake.

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January 15, 2023, 08:03:47 PM
 #96

That's right, and it all depends on our intentions because if we just try to play, it will be useless,
traders who really have a strong determination I think they will continue to try to learn new things and not rely on tutors,
besides that to get the best pattern it also requires a process.
Those that have determination, they won't neglect every single piece of information that they can take. Even if it's from tutors, they'll take it lightly if they see that it's something useful for their trades.
Just because you're into tutors doesn't mean that you'll rely solely on them, it's a good step forward when you start asking for their help and then eventually you'll learn on your own and stand onto your own ground.

collect and filter what's good for your growth when it comes to trading. sometimes the technique is not good for the moment but it will be useful in some situations. in trading, you can't apply all your learnings all at once. it depends on the situation on hand. tutored or not, it depends on how you use your learnings throughout your journey. sometimes even if you know such trick, you still make the same mistake.
So true, learnings are not applicable at all times but there will be a time that it can be applied and you'll be happy to know that you've known it and extracted it from other people.
In these times, it's no longer important whether you're tutored or not as long as you've learned something which you think will be helpful to what you want to have.

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January 15, 2023, 08:29:36 PM
 #97

That's right, and it all depends on our intentions because if we just try to play, it will be useless,
traders who really have a strong determination I think they will continue to try to learn new things and not rely on tutors,
besides that to get the best pattern it also requires a process.
Those that have determination, they won't neglect every single piece of information that they can take. Even if it's from tutors, they'll take it lightly if they see that it's something useful for their trades.
Just because you're into tutors doesn't mean that you'll rely solely on them, it's a good step forward when you start asking for their help and then eventually you'll learn on your own and stand onto your own ground.

collect and filter what's good for your growth when it comes to trading. sometimes the technique is not good for the moment but it will be useful in some situations. in trading, you can't apply all your learnings all at once. it depends on the situation on hand. tutored or not, it depends on how you use your learnings throughout your journey. sometimes even if you know such trick, you still make the same mistake.
So true, learnings are not applicable at all times but there will be a time that it can be applied and you'll be happy to know that you've known it and extracted it from other people.
In these times, it's no longer important whether you're tutored or not as long as you've learned something which you think will be helpful to what you want to have.
Yes this is true on which it doesnt really matter whether you do get learnings from others or only self learn because what matter most is that you should really be that able to know on what you should gonna do on specific conditions or situations that you might faced on within the market and that what matter most.Its true that there are really things which you could really extract out on others ideas
and you could really make use of it on various situations which adding it up into your own knowledge which is the most important thing. Me myself had already that
learning through self research and other seek of information on various sources and getting some other ideas on other people too which it would really be that helpful.

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January 15, 2023, 09:20:22 PM
 #98

So true, learnings are not applicable at all times but there will be a time that it can be applied and you'll be happy to know that you've known it and extracted it from other people.
In these times, it's no longer important whether you're tutored or not as long as you've learned something which you think will be helpful to what you want to have.
Yes this is true on which it doesnt really matter whether you do get learnings from others or only self learn because what matter most is that you should really be that able to know on what you should gonna do on specific conditions or situations that you might faced on within the market and that what matter most.Its true that there are really things which you could really extract out on others ideas
and you could really make use of it on various situations which adding it up into your own knowledge which is the most important thing. Me myself had already that
learning through self research and other seek of information on various sources and getting some other ideas on other people too which it would really be that helpful.
The focus is to be educated and learn as many techniques as you can. The learnings and knowledge you'll be able to obtain will be worth it and countless because that's what others don't think about if the knowledge they're trying to get is from someone they don't know.
It's just like a pride thing that they shouldn't allow because they'll never know that the research or tutorial they get is going to help them no matter what and where did it came from.

CryptocurencyKing
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January 15, 2023, 11:32:28 PM
 #99

Yes this is true on which it doesnt really matter whether you do get learnings from others or only self learn because what matter most is that you should really be that able to know on what you should gonna do on specific conditions or situations that you might faced on within the market and that what matter most.Its true that there are really things which you could really extract out on others ideas
and you could really make use of it on various situations which adding it up into your own knowledge which is the most important thing.
Perhaps not so much difference either you where taught trading by someone or you taught yourself how to trade so long as your getting good results on your trades. I mean, the point to which ever learning process applied is to be profitable on trades right.

Still, I feel one who was taught how t trade has some added advantage compared to one who taught himself or herself how to trade.
This is becuase, you get to understand the market or certain concepts about the market from different perspectives. You don't rely on one insight as to how certain news might affect the market or patterns to identify and apply a technique.
You get to avoid your teacher's mistakes while building on their strong strategies.

.
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January 16, 2023, 04:21:50 AM
 #100

So true, learnings are not applicable at all times but there will be a time that it can be applied and you'll be happy to know that you've known it and extracted it from other people.
In these times, it's no longer important whether you're tutored or not as long as you've learned something which you think will be helpful to what you want to have.
Yes this is true on which it doesnt really matter whether you do get learnings from others or only self learn because what matter most is that you should really be that able to know on what you should gonna do on specific conditions or situations that you might faced on within the market and that what matter most.Its true that there are really things which you could really extract out on others ideas
and you could really make use of it on various situations which adding it up into your own knowledge which is the most important thing. Me myself had already that
learning through self research and other seek of information on various sources and getting some other ideas on other people too which it would really be that helpful.
The focus is to be educated and learn as many techniques as you can. The learnings and knowledge you'll be able to obtain will be worth it and countless because that's what others don't think about if the knowledge they're trying to get is from someone they don't know.
It's just like a pride thing that they shouldn't allow because they'll never know that the research or tutorial they get is going to help them no matter what and where did it came from.

The best thing in learning is to keep adding ideas and information coming different sources, as long as you are adopting for the benefits of your knowledge, wherever you get the idea if you can convert and execute the right way the outcome will still favor you. I understand the fact that you should not be relying on someone, but if you will convert the knowledge that they are sharing, your benefit still will favor you along the way.

The best practice is to continue chasing for knowledge, never to think that you already have enough to pursue your dream success.

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