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Author Topic: Tutored or you learned how to trade?  (Read 1328 times)
DevilSlayer
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January 16, 2023, 04:36:44 AM
 #101

The best way to lessen the learning curve is by applying in mentorship with proven system that can make profit in any season of the market. In this way, the trader do not need to do experiment and to build his/her own system wherein it can save a lot of time but the only disadvantage is most of the mentorship program has a cost. But that cost can be the key for you to be a profitable way.

When you apply in mentorship, it does not mean that you will become a successful trader, choosing a mentor is one of the hardest way because there are some mentor who can called as a "fake teacher" where they do not apply what they teach. Be careful to mentors like that, before you apply make sure that the mentor have already a lot of receipt wherein his/her students are already profitable in the market.

 If you do not want to apply in some mentorship then I suggest that you should read a lot of trading books and also watch a lot of trading videos in youtube and any trading platform that have free webinar and articles where they teach how to trade. I'll say again that the disadvantage of it is you will have a hard time on creating your own trading system.
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January 16, 2023, 10:33:38 AM
 #102

The best way to lessen the learning curve is by applying in mentorship with proven system that can make profit in any season of the market. In this way, the trader do not need to do experiment and to build his/her own system wherein it can save a lot of time but the only disadvantage is most of the mentorship program has a cost. But that cost can be the key for you to be a profitable way.

Mentorship is a good strategy for learning as a beginner as you can ask and hear answers from what you wanted to know, pretty unlike if we just rely on online tutorials. I'd see fast learning in this way but of course, we don't also have to keep relying on this person as it was a need for us to stand and decide alone. Having time with our mentors is perfectly the time for building our trading analysis and decision-making teaches us how to respond in a particular situation. They can't be forever on our side that is why we should have to work hard as well to understand everything we needed.

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January 16, 2023, 01:24:14 PM
 #103

The best way to lessen the learning curve is by applying in mentorship with proven system that can make profit in any season of the market. In this way, the trader do not need to do experiment and to build his/her own system wherein it can save a lot of time but the only disadvantage is most of the mentorship program has a cost. But that cost can be the key for you to be a profitable way.

Mentorship is a good strategy for learning as a beginner as you can ask and hear answers from what you wanted to know, pretty unlike if we just rely on online tutorials. I'd see fast learning in this way but of course, we don't also have to keep relying on this person as it was a need for us to stand and decide alone. Having time with our mentors is perfectly the time for building our trading analysis and decision-making teaches us how to respond in a particular situation. They can't be forever on our side that is why we should have to work hard as well to understand everything we needed.

The benefits of having a mentor include the ability to easily ask someone if you have questions rather than conducting research, which we know can yield broad results. Also, having a mentor means you can really enjoy learning as you have someone to talk to, but the con is that you'll be getting dependent on it like a child that, if you keep holding it, will not know how to walk. So after you've gotten the grasp of trading, it is time to walk on your own and try to feel the waters of trading.
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January 16, 2023, 01:44:27 PM
 #104

The best way to lessen the learning curve is by applying in mentorship with proven system that can make profit in any season of the market. In this way, the trader do not need to do experiment and to build his/her own system wherein it can save a lot of time but the only disadvantage is most of the mentorship program has a cost. But that cost can be the key for you to be a profitable way.

Mentorship is a good strategy for learning as a beginner as you can ask and hear answers from what you wanted to know, pretty unlike if we just rely on online tutorials. I'd see fast learning in this way but of course, we don't also have to keep relying on this person as it was a need for us to stand and decide alone. Having time with our mentors is perfectly the time for building our trading analysis and decision-making teaches us how to respond in a particular situation. They can't be forever on our side that is why we should have to work hard as well to understand everything we needed.

The benefits of having a mentor include the ability to easily ask someone if you have questions rather than conducting research, which we know can yield broad results. Also, having a mentor means you can really enjoy learning as you have someone to talk to, but the con is that you'll be getting dependent on it like a child that, if you keep holding it, will not know how to walk. So after you've gotten the grasp of trading, it is time to walk on your own and try to feel the waters of trading.

Aren't mentors asking for high fees from their students?

I didn't learn from a mentor but I have bought a video tutorial from a computer base company that provides it. I first learn forex trading actually, it was all boring until I went ahead to trade and lost a few hundred. Losing some money I think will motivate someone from learning more of what he wanna learn because, after that, I really read the trading strategies and solemnly followed rules.

 


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January 16, 2023, 08:28:44 PM
 #105

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.
Yeah, the most important with that is you're benefiting from everything that any source you're aware of. That's in favor to what you're aiming and that's to learn a lot of things.
You may not learn everything with that but you're going to be aware of the other strategies from the real and actual gurus that you'll source out and not just plain theoretical but based from actual experiencies.

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January 16, 2023, 08:42:22 PM
 #106

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.
Yeah, the most important with that is you're benefiting from everything that any source you're aware of. That's in favor to what you're aiming and that's to learn a lot of things.
You may not learn everything with that but you're going to be aware of the other strategies from the real and actual gurus that you'll source out and not just plain theoretical but based from actual experiencies.
As long it do favors you then this what matter the most, doesnt matter whether you are tutored or you are following someone or would really be just a plan self learner then it doesnt really serious issue to mind of.

You are learning on various methods or ways which it would really be just normal that you could really make out some comparison on how its been done but in overall it does really shows on the same motive or

goal on where you are heading which is to learn up on being a sustainable and profitable trader.It is really just depending on how you do handle up yourself on various situations or conditions.
Trading is never ending learning kind of career due to lots of market situation variations.
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January 16, 2023, 09:33:06 PM
 #107

Having no mentor is the reason why I'm on and off in trading and become lazy to learn. I just do copy trading but still no luck. The trader started to lose after a few days when I followed. That even took away my remaining hope. Learning trading on your own is something very hard to do even with lots of tutorials on YT. What's even harder is to find a mentor that is willing to take you despite his/her busy schedule.
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January 16, 2023, 09:55:32 PM
 #108

Yeah, the most important with that is you're benefiting from everything that any source you're aware of. That's in favor to what you're aiming and that's to learn a lot of things.
You may not learn everything with that but you're going to be aware of the other strategies from the real and actual gurus that you'll source out and not just plain theoretical but based from actual experiencies.
As long it do favors you then this what matter the most, doesnt matter whether you are tutored or you are following someone or would really be just a plan self learner then it doesnt really serious issue to mind of.

You are learning on various methods or ways which it would really be just normal that you could really make out some comparison on how its been done but in overall it does really shows on the same motive or

goal on where you are heading which is to learn up on being a sustainable and profitable trader.It is really just depending on how you do handle up yourself on various situations or conditions.
Trading is never ending learning kind of career due to lots of market situation variations.
Just as with any specialty, it's true that trading is continuous learning to hone your skills and be profitable on it. Don't neglect any good knowledge that you may look for from others.
Having someone to teach you from basics to the advanced strategies of trading is mostly desired by the starters. They know where to go and to start and it's the shortcut of gaining experience because they're learning from the others and not that many starters like that way.
So, it will depend on how you perceive such situation and information.

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January 19, 2023, 04:29:51 PM
 #109

Having no mentor is the reason why I'm on and off in trading and become lazy to learn. I just do copy trading but still no luck. The trader started to lose after a few days when I followed. That even took away my remaining hope. Learning trading on your own is something very hard to do even with lots of tutorials on YT. What's even harder is to find a mentor that is willing to take you despite his/her busy schedule.
Nobody will mentor you everyday. If you are on and off from trading it means your daily schedule might be a busy one. In cases I think it is better if you do long term trading, buy maybe today and sell like 4months later when price hits a new all time high. That way the stress on your shoulder is less and you are still making profits. Of course this would never yield profits like what day traders end up doing but your point is never that. Day traders are professional traders who trade for money or teach trading for money, more often the second one.

If you simply follow the buy low sell high method you are more often going to make money without the need of a mentor.

R


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January 19, 2023, 06:21:43 PM
 #110

Having no mentor is the reason why I'm on and off in trading and become lazy to learn. I just do copy trading but still no luck. The trader started to lose after a few days when I followed. That even took away my remaining hope. Learning trading on your own is something very hard to do even with lots of tutorials on YT. What's even harder is to find a mentor that is willing to take you despite his/her busy schedule.
Nobody will mentor you everyday. If you are on and off from trading it means your daily schedule might be a busy one. In cases I think it is better if you do long term trading, buy maybe today and sell like 4months later when price hits a new all time high. That way the stress on your shoulder is less and you are still making profits. Of course this would never yield profits like what day traders end up doing but your point is never that. Day traders are professional traders who trade for money or teach trading for money, more often the second one.

If you simply follow the buy low sell high method you are more often going to make money without the need of a mentor.
well, for those who have a busy day-to-day life, it might be better to invest long term or to trade long term. day trading will make the burden on us even greater and eventually it can affect how we trade.
day trading might be fun, but under certain market conditions, we just can't do it. that's because conditions may indeed force us to be silent and not trade. it can be a problem if we always force ourselves to trade where the market is not profitable.


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January 19, 2023, 08:42:22 PM
 #111

Having no mentor is the reason why I'm on and off in trading and become lazy to learn. I just do copy trading but still no luck. The trader started to lose after a few days when I followed. That even took away my remaining hope. Learning trading on your own is something very hard to do even with lots of tutorials on YT. What's even harder is to find a mentor that is willing to take you despite his/her busy schedule.
Nobody will mentor you everyday. If you are on and off from trading it means your daily schedule might be a busy one. In cases I think it is better if you do long term trading, buy maybe today and sell like 4months later when price hits a new all time high. That way the stress on your shoulder is less and you are still making profits. Of course this would never yield profits like what day traders end up doing but your point is never that. Day traders are professional traders who trade for money or teach trading for money, more often the second one.

If you simply follow the buy low sell high method you are more often going to make money without the need of a mentor.
well, for those who have a busy day-to-day life, it might be better to invest long term or to trade long term. day trading will make the burden on us even greater and eventually it can affect how we trade.
day trading might be fun, but under certain market conditions, we just can't do it. that's because conditions may indeed force us to be silent and not trade. it can be a problem if we always force ourselves to trade where the market is not profitable.
If you are really that focused on your day job but still considering out crypto investment then you would be mainly going for this route on which you would really be holding up for long term but
if you are a certain person who does have that ample free time to deal up with things then you would really be thinking that it wont be bad on dealing up with side hustles and investment which
you would might be touching up when it comes to trading or something in related.Yes, it does need ample time and proper effort for you to find yourself to be effective on this matter.
Doesnt matter whether you are tutored or self learned because everything would be sharing up on the same motive.

R


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January 19, 2023, 09:33:04 PM
 #112

Having no mentor is the reason why I'm on and off in trading and become lazy to learn. I just do copy trading but still no luck. The trader started to lose after a few days when I followed. That even took away my remaining hope. Learning trading on your own is something very hard to do even with lots of tutorials on YT. What's even harder is to find a mentor that is willing to take you despite his/her busy schedule.
It depends on how you encourage yourselves by learning online tutorials. But if we talk about copy trading, I didn't do it personally because I heard a lot of stories like you and most of them had failed. So, instead of following someone I'd rather carry myself to learn on my own even though it takes so long because I believe this is the best solution and I know experience helps me a lot to learn more. But if you have a trusted friend that will teach you personally, that can be better, especially if you aim to learn fast.

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January 20, 2023, 06:45:48 AM
Merited by fillippone (2)
 #113

Having no mentor is the reason why I'm on and off in trading and become lazy to learn. I just do copy trading but still no luck. The trader started to lose after a few days when I followed. That even took away my remaining hope. Learning trading on your own is something very hard to do even with lots of tutorials on YT. What's even harder is to find a mentor that is willing to take you despite his/her busy schedule.
It depends on how you encourage yourselves by learning online tutorials. But if we talk about copy trading, I didn't do it personally because I heard a lot of stories like you and most of them had failed. So, instead of following someone I'd rather carry myself to learn on my own even though it takes so long because I believe this is the best solution and I know experience helps me a lot to learn more. But if you have a trusted friend that will teach you personally, that can be better, especially if you aim to learn fast.
failure to do their own analysis is mostly done by novice traders, and that is something that usually happens. but if we carry out trading training continuously, we will have experience of responding to the market in various situations and conditions. Everyone will be different in mastering it, and that is what we can measure ourselves. there is no trader who is always successful at the beginning of his career, and that is what we should use as motivation to keep learning. and for sure we have to deepen our association in the trading environment with anyone, so that more knowledge will be obtained, therefore the most important thing is that we have to strengthen our psychology to be able to achieve what we aspire to

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January 21, 2023, 01:25:20 AM
 #114

Having no mentor is the reason why I'm on and off in trading and become lazy to learn. I just do copy trading but still no luck. The trader started to lose after a few days when I followed. That even took away my remaining hope. Learning trading on your own is something very hard to do even with lots of tutorials on YT. What's even harder is to find a mentor that is willing to take you despite his/her busy schedule.
Yes I think so too. If you can learn to trade with advice from real trader then you will get much better experience. First few days I traded with advice. Now I often buy coins with my own mind at low price and then these coins at high price.  When it increases, I can sell it and make a lot of profit. Sometimes it is seen that due to some small mistakes, I have to bear huge losses.

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January 21, 2023, 07:09:22 AM
 #115

I learned many things independently or self-taught because it was actually difficult for me to find experts in the real world. Including trading, I learned it independently even though it took me a lot of time and money due to a lack of understanding and experience. But over time, that cost was covered by my own success in having understanding and in the end this experience has become a valuable lesson to be taught to others.

For some reason, independently or self-taught is better than being taught, but perhaps having an expert in the learning process would also be more useful for gaining knowledge more quickly. Learning from other people's experiences is important, also this forum is also quite good as a platform to get lessons from other people's trading experiences.

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January 21, 2023, 08:16:21 AM
 #116

I learned many things independently or self-taught because it was actually difficult for me to find experts in the real world. Including trading, I learned it independently even though it took me a lot of time and money due to a lack of understanding and experience. But over time, that cost was covered by my own success in having understanding and in the end this experience has become a valuable lesson to be taught to others.

For some reason, independently or self-taught is better than being taught, but perhaps having an expert in the learning process would also be more useful for gaining knowledge more quickly. Learning from other people's experiences is important, also this forum is also quite good as a platform to get lessons from other people's trading experiences.

As a trader going to an expert to learn trading is not a guarantee one will have good understanding in trading. Learning trading is more about self-taught,  we do it better by the efforts and energy we putting in learning ourselves.  It just like a student who attend school,  s student don't become brilliant by just attending to lectures but become brilliant by self development.  This goes the same in trading,  learning trading and having a good understanding in trading is achieved by self-taught,  self-taught matters a lot in learning trading.

R


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January 21, 2023, 08:51:39 AM
 #117

Having no mentor is the reason why I'm on and off in trading and become lazy to learn. I just do copy trading but still no luck. The trader started to lose after a few days when I followed. That even took away my remaining hope. Learning trading on your own is something very hard to do even with lots of tutorials on YT. What's even harder is to find a mentor that is willing to take you despite his/her busy schedule.
It depends on how you encourage yourselves by learning online tutorials. But if we talk about copy trading, I didn't do it personally because I heard a lot of stories like you and most of them had failed. So, instead of following someone I'd rather carry myself to learn on my own even though it takes so long because I believe this is the best solution and I know experience helps me a lot to learn more. But if you have a trusted friend that will teach you personally, that can be better, especially if you aim to learn fast.
failure to do their own analysis is mostly done by novice traders, and that is something that usually happens. but if we carry out trading training continuously, we will have experience of responding to the market in various situations and conditions. Everyone will be different in mastering it, and that is what we can measure ourselves. there is no trader who is always successful at the beginning of his career, and that is what we should use as motivation to keep learning. and for sure we have to deepen our association in the trading environment with anyone, so that more knowledge will be obtained, therefore the most important thing is that we have to strengthen our psychology to be able to achieve what we aspire to

Strengthen your psychological acceptance, I mean if you can tell yourself that you can improve for more and you will work for that then the chance is really high for you, both with tutor or with self-study, what is important is you are willing to take that step even you understand that there's a risk of making a mistake.

Using your experienced with an actual trading participation, either you win or you lose with your position, the matter here is how you will use that experienced to explore your opportunities.

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January 21, 2023, 07:19:23 PM
 #118

Strengthen your psychological acceptance, I mean if you can tell yourself that you can improve for more and you will work for that then the chance is really high for you, both with tutor or with self-study, what is important is you are willing to take that step even you understand that there's a risk of making a mistake.

Using your experienced with an actual trading participation, either you win or you lose with your position, the matter here is how you will use that experienced to explore your opportunities.
This is right at anything you want to excel at. I am learning another skill these days, not something that I can spend too much time on, but I am not learning from anyone at all, I am basically doing it all by myself whenever I have the time I barely get any time during weekends and I have some health issues these days as well, something minor nothing to worry about just need to sleep a bit more that's it and I will be fine.

So, all of that combined gives me very little time but I both believe in myself and enjoy what I do, when you combine these two, there is nothing that can stop you, you could do anything you want at any age, with any financial situation.
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January 21, 2023, 11:48:19 PM
 #119

Strengthen your psychological acceptance, I mean if you can tell yourself that you can improve for more and you will work for that then the chance is really high for you, both with tutor or with self-study, what is important is you are willing to take that step even you understand that there's a risk of making a mistake.

Using your experienced with an actual trading participation, either you win or you lose with your position, the matter here is how you will use that experienced to explore your opportunities.
This is right at anything you want to excel at. I am learning another skill these days, not something that I can spend too much time on, but I am not learning from anyone at all, I am basically doing it all by myself whenever I have the time I barely get any time during weekends and I have some health issues these days as well, something minor nothing to worry about just need to sleep a bit more that's it and I will be fine.

So, all of that combined gives me very little time but I both believe in myself and enjoy what I do, when you combine these two, there is nothing that can stop you, you could do anything you want at any age, with any financial situation.
Everything could be learned if you do really want or liked to because every information you could learn can be seen or searched online which it does only need up some time and effort for you to do so.
And the rest would really be entirely be depending with your own experience through it.Now that the market is really making up some significant movement then it is really that just right for you to test out waters but of course you would really be still needing even with the simplest or basic information and trying out to familiarize when it comes to technicals and other stuffs correlated.
Some do go on solo and some do really likes to have some mentor.
Jatiluhung
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January 21, 2023, 11:55:55 PM
 #120

I may be a slightly lucky person. because I have acquaintances or friends who have pretty good experience in crypto trading. and it was he who introduced me to this field. and I was originally taught by him. But only for a few moments. and now I continue to study independently. But still I always ask for advice from my friends. my friend might as well be said to be a mentor to me. and he does it for free. I once wanted to give him a gift of money. but he always politely refused. well now I am more confident to do the analysis independently. although I still have a lot to learn. but I think if I keep learning then one day I will become more proficient. my problem is in technical analysis.

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