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Author Topic: Tutored or you learned how to trade?  (Read 918 times)
cozytrade
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January 21, 2023, 01:25:20 AM
 #121

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
 #122

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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Rockstarguy
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January 21, 2023, 08:16:21 AM
 #123

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.

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Fredomago
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January 21, 2023, 08:51:39 AM
 #124

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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SquallLeonhart
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January 21, 2023, 07:19:23 PM
 #125

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
 #126

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.

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January 21, 2023, 11:55:55 PM
 #127

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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bitterguy28
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January 23, 2023, 12:44:02 AM
 #128

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.
then you also admit that even how good the traders that thought you yet no assurance of earning at all  , as like you said  sometimes you are committing mistakes and losing huge amount?

and just first few days with advice and after on your own? you are a fast learner or just lazy yo listen and learn more this is why you also lose sometimes?

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January 23, 2023, 03:13:53 AM
 #129

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.

you are lucky to have a mentor who is a good friend, and you develop your skills. you are amazing.
I didn't have a chance for that, I was initially only interested in Bitcoin trading. it also makes a small profit. not much skill I have in trading. I also do not have a mentor like you. I started it myself from some of the information I read and also some videos on YouTube. of course more losses at the beginning I started it. but right now, everything I feel is pretty good. not daily trading, but enough to continue honing skills in trading.

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January 23, 2023, 08:10:30 AM
 #130

Teaching yourself how to trade will involve big risk, big commitment and big losses. It will not be an easy task because you will stumble in different forms of documentaries and YouTube and you wouldn't even know the right strategies to follow because you will be testing different strategies randomly but this cannot be said of person that has a tutor who will direct and mentor them to success.
So learning on your own is hard and requires determination while learning under a tutor is the easiest way to go.

I combined both to learn most times by myself and little time by a teacher.

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January 23, 2023, 10:27:31 AM
 #131

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.

you are lucky to have a mentor who is a good friend, and you develop your skills. you are amazing.
I didn't have a chance for that, I was initially only interested in Bitcoin trading. it also makes a small profit. not much skill I have in trading. I also do not have a mentor like you. I started it myself from some of the information I read and also some videos on YouTube. of course more losses at the beginning I started it. but right now, everything I feel is pretty good. not daily trading, but enough to continue honing skills in trading.

Well maybe I did get lucky. because I have someone I can turn to for advice. But still in the end all the choices are in my hands. and sometimes my obstacle is in terms of managing my own emotions. I think a strong mentality is something we can't get from teaching others. But a strong mentality will form by itself as experience increases. instead I am proud of you who can continue to survive in this field even without a mentor. Honestly if I do not have my friend on this one. maybe I will have a lot of losses in trading. because sometimes I always rely too much on emotions in crypto trading. I believe your mentality is strong enough. because the experience achieved independently is sometimes better. I myself am still not strong mentally. But I still want to do my best.

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CapGelatik
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January 23, 2023, 10:37:14 AM
 #132

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.

you are lucky to have a mentor who is a good friend, and you develop your skills. you are amazing.
I didn't have a chance for that, I was initially only interested in Bitcoin trading. it also makes a small profit. not much skill I have in trading. I also do not have a mentor like you. I started it myself from some of the information I read and also some videos on YouTube. of course more losses at the beginning I started it. but right now, everything I feel is pretty good. not daily trading, but enough to continue honing skills in trading.
How important it is to have a good mentor as well as your friend because it can make you grow,
even if you don't have a mentor, I don't think it's a problem as long as we are really determined and serious about learning,
We can use various platforms to learn trading.

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January 23, 2023, 01:05:28 PM
 #133


How important it is to have a good mentor as well as your friend because it can make you grow,
even if you don't have a mentor, I don't think it's a problem as long as we are really determined and serious about learning,
We can use various platforms to learn trading.
Not just a good mentor but also have a long market experience in the field of trading this will give us confidence that we can get a lot of ideas more than just those people who learn a few days or weeks ago. Because if this will happen, better help yourself to learn on your own and get less advice from your friend who has less trading experience. Besides, we can't keep our mentors forever, either they leave us or we throw them away.

more experience = more learnings
We do the process, so we can reach what we wanted to happen.

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January 23, 2023, 01:31:09 PM
 #134

A good tutor along with own experience is most effective for learning trading the tutor will only teach but will move forward with his own talent. If you have less experience in trading relationship, chances of losing will be higher. Being comfortable in your success or failure will stunt your growth so don't stop researching, reading new markets and developing new strategies on how to trade. What we usually do when investing is to believe in ourselves too often.
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January 23, 2023, 01:36:17 PM
 #135

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.

You need to be familiarized, and it's better if you are being guided to do the right thing, I can agree to your statement regarding to the ideas that already available over the internet, you can maximized your learning while being guided by people / trader who already inside the business, at the end of the day, it's you and how you adopt the process.

No one can give you the golden pattern and let you keep gaining. It's your own learning that will allow you to have more winning trades than those losing position.

The decision making always depends on your projections and analysis after gaining experience when you are still in the startup process. It's you who can adjust and adopt, increase and enhance your winning chances.

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January 24, 2023, 07:54:29 PM
 #136

Bothe, The first phase was the real tutore and the best part i totally lost all of my funds + emotions. Then i quit trading and that was my best plan after a short rest of a long time. I did start trading with new long-run strategy an now i know how to control my funds and emotion so i learned after being touted by the market.BTC

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January 24, 2023, 11:38:06 PM
 #137

Bothe, The first phase was the real tutore and the best part i totally lost all of my funds + emotions. Then i quit trading and that was my best plan after a short rest of a long time. I did start trading with new long-run strategy an now i know how to control my funds and emotion so i learned after being touted by the market.BTC
Learning is really via means of losing whether you've been tutored or simply learn up for your self.You wouldn't be able to realize up things when you dont experience it for yourself.
I do agree in most people been saying here that its better to learn your own and trying out to cope up with those losses via those errors that you had experience.
Its true that this would really be a trial error challenge which there's no way that you could be able to avoid that because this is how
the market behaves and there's no way you could avoid volatility.

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January 25, 2023, 03:29:34 AM
 #138

  Do not undermine the power of tutorship as it will save you from making blind mistakes that would've cost you much. Learning under the tutorship of someone is better than learning on your own. personally, I had a tutor who taught me almost everything I know about trading and the rest I had to learn on my own. I had a demo trading account with which I practiced with as suggested by my tutor, so I didn't experience the loss of actual funds during my learning phase. He also gave me some pro trading tips such as the use of Spot Grid trading strategy to capture more profit margin within a given price range. There's hardly any trade I make on MEXCGlobal or Binance that I don't use this feature since both exchanges have this feature to give their users a better trading experience.
 In order not to bore anyone reading this comment I'll conclude by saying that having someone teach you is the best way to go about learning how to trade but take due diligence to practice what you've been taught.
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January 25, 2023, 04:19:05 AM
 #139

Bothe, The first phase was the real tutore and the best part i totally lost all of my funds + emotions. Then i quit trading and that was my best plan after a short rest of a long time. I did start trading with new long-run strategy an now i know how to control my funds and emotion so i learned after being touted by the market.BTC

you are strong enough and lucky that when you fail the first time, you can still survive and start again. sometimes some people I know, they are interested in trading, but after they lose the trade they play, more of them give up trading.
I once suggested not to trade first. and just focus more on investing, but too many newbies are interested in trading. even when they lack the skills and experience.

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January 25, 2023, 05:27:48 AM
 #140

Bothe, The first phase was the real tutore and the best part i totally lost all of my funds + emotions. Then i quit trading and that was my best plan after a short rest of a long time. I did start trading with new long-run strategy an now i know how to control my funds and emotion so i learned after being touted by the market.BTC

you are strong enough and lucky that when you fail the first time, you can still survive and start again. sometimes some people I know, they are interested in trading, but after they lose the trade they play, more of them give up trading.
I once suggested not to trade first. and just focus more on investing, but too many newbies are interested in trading. even when they lack the skills and experience.

Even professionals are still getting lost in trading, that's why when trading it is much more important to control your emotion and have trading management. There are lots of trading guides on Youtube, just avoid the paid VIP/premium signals because you will not learn anything from this and waste money. Much better to learn from yourself and this will took years but really worth it.
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