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Author Topic: Tutored or you learned how to trade?  (Read 1328 times)
LUCKMCFLY
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February 04, 2023, 04:41:08 PM
 #161

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.
Well, psychology is very important when it comes to trading, this reminds me of the time a friend hired a psychologist to talk about the psychology of a trader, and the same psychologist said that there is no such thing, psychology is just that. . There is no trader psychology, what we traders have to have is trust and patience, that is what makes a trader a trader, if we do not stop to see what things affect us, the effects appear when we lose money, but still you have to learn to lose, because it is something normal, in the tradition losing teaches, but it teaches us if we ourselves start to study what was the reason why we lost.

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February 05, 2023, 01:13:58 PM
 #162

Being self-taught has always been one way I have gained more learning experience about cryptocurrency than being tutored.
The importance of having a formal education, is so that one can ask good and constructive questions which when answered properly is a well of knowledge in itself.
How, why, when, as I was taught in economics class, back in the days, still helps anyone who intends to learn on their own.
Having someone who is willing and available to teach/tutor anyone on crypto is a gift these days, because everyone seems busy and looking for more money.
Using a demo account is one sure way to be self taught, as well as joining a forum or group, as this is where its knowledge is being shared and discussed.
A lot depends on the teacher, how well he knows about what he is going to teach, and it is of great importance whether he has only theoretical knowledge, or whether he has real success in practice.

I have seen many examples when a person knows everything about technical analysis and levels and everything that is needed for successful trading, but he is strong only in theory and he has no success practice. The same demo account is a very dubious example.

Learning on your own is also not easy, it will definitely take more time than it would take with a good teacher, but I think that it is very difficult to find one. It is rare that someone who knows how to earn big money from this will share his knowledge with someone else, at least as long as it brings him money.

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February 05, 2023, 01:49:29 PM
 #163

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.
Well, psychology is very important when it comes to trading, this reminds me of the time a friend hired a psychologist to talk about the psychology of a trader, and the same psychologist said that there is no such thing, psychology is just that. . There is no trader psychology, what we traders have to have is trust and patience, that is what makes a trader a trader, if we do not stop to see what things affect us, the effects appear when we lose money, but still you have to learn to lose, because it is something normal, in the tradition losing teaches, but it teaches us if we ourselves start to study what was the reason why we lost.


If we start to find the better way to improve after that losses, the chance to make a good success is possible. There are things inside this business that needed to analyze, if you will use both knowledge and experienced you'll be able to overcome things that continue to pull you down while trading. You need to make sure that you are willing to adjust and willing to accept every adjustments that are needed during your trading postions. More on psycholgical sides of yourself to mirror and to make sure that you are willing to make new successful trades.

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April 29, 2023, 12:41:20 PM
Merited by fillippone (1)
 #164

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've never been tutored how to trade, I tried and keep trying to get it myself, from my own experience and mistakes. However, I have been a tutor for 4-5 people, who asked me to bring them up to date and teach, how to trade. I have to say, that this was not productive at all, nobody from my "students" still trades, because once the tutoring stops, they didn't`t know how to manage it themselves, they were still waiting for some instructions from me. I gave up the idea of guiding somebody into this area, because people, unfortunately, usually don't appreciate what they got from others. I told them to continue by themselves, but they had no clue how to understand a large amount of information and start doing something on their own. That is why I believe that self-learning to trade is much more effective, even if it is unprofitable for a year, two, three, than blindly following some kind of mentor, without which you remain absolutely defenseless and incapable of anything.

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April 30, 2023, 03:28:13 PM
 #165

Trading can be learned by the practice and from the experience.Begin the trading with the minimum amount of money to earn experience from the trading,you can’t loss huge at the minimum amount as your first trading.When you learned more from the trading,you can do referral to your friends.Even you can act as the tutor to the friends for free of cost.If you are student and doing of the trading,you use the fifty percentage for the trading.Then hold the remaining for the future and for your college free.The mistakes are common in the trading,it’s essential one to learn from the trading.Some people use to do learn the trading by the self learning using their experience of trading.

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May 13, 2023, 07:17:12 PM
 #166

Nobody is born with the knowledge about anything so learning is must now its up to you that how you learned which way you choose to get knowledge. I didn't take help from any tutor but instead I heard about it from the people around me and then visualized the fact by watching YouTube videos. There is nothing impossible if a person wants to do so and try to get what he desires. There is no any way that is successful ever so sometimes in life you will loss this doesn't mean that you are lesser but this act as a step leading to the future that will be prosperous.









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May 13, 2023, 09:43:30 PM
 #167

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.

After learning trading, I trade. I learn derivative trading as well. But what later happened was that I was losing. I do lost in gambling since 2014 until I had control over it, gambling took money from me, but I had more money in 2019 and trading has taking more from me until I gained more experience about what trading is before my losses reduced and profit increases.

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 did both, even with all the experiences I think may have acquired already, I still have a more like a mentor/coach, one who puts me through difficult and inquisitive times

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May 15, 2023, 05:19:08 AM
 #168

Of course, your post will be very useful for investors as they are first time investors to follow this link. A friend gave me some knowledge about this when I was a newbie and wanted to trade. And later when I understood a little about trade I invested some money I had. But I was totally prepared to invest according to a signal rather I lost my money. And my scam coins are still sitting in my wallet they can't be sold. I acted so stupidly that I lost my money at the last moment and later I gained a little bit of knowledge about investing altogether. So I would also like to tell the newbies that they are not interested in investing without understanding the notes properly, after gaining good experience and investing later it will be best for a newbie trader.

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Jatiluhung
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May 15, 2023, 08:23:34 AM
 #169

Trading can be learned by the practice and from the experience.Begin the trading with the minimum amount of money to earn experience from the trading,you can’t loss huge at the minimum amount as your first trading.When you learned more from the trading,you can do referral to your friends.Even you can act as the tutor to the friends for free of cost.If you are student and doing of the trading,you use the fifty percentage for the trading.Then hold the remaining for the future and for your college free.The mistakes are common in the trading,it’s essential one to learn from the trading.Some people use to do learn the trading by the self learning using their experience of trading.
Learning to trade on your own can still be done. But the success rate may be slower than someone learning trading with a tutor. Because when we learn independently, there will be many new things that we have to learn with difficulty independently too. And maybe it will take a little longer. or even people who learn to trade on their own can have the potential to experience losses at the beginning of trading. because theory and practice are sometimes very different.

I personally study alone but I have friends who are like tutors to me. So he's the one who always tells me when I'm about to take the wrong step. And the importance of taking lessons from other people's experiences is to accelerate our learning in knowing trading psychology. But in the end it is the experience itself that will be very useful and become a very important lesson.

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May 15, 2023, 09:15:34 AM
 #170

I personally study alone but I have friends who are like tutors to me. So he's the one who always tells me when I'm about to take the wrong step. And the importance of taking lessons from other people's experiences is to accelerate our learning in knowing trading psychology. But in the end it is the experience itself that will be very useful and become a very important lesson.

I think it's still a question of how much you can trust your tutors and for me, it's also more of a question of responsibility. When you trade on your own, you make your own mistakes and you have no one to blame but yourself. From such mistakes, a person is more inclined to draw conclusions that may become useful to him in the future. When he turns to a tutor for help, he can also blame failures on him, because it was the decision of someone else. In such a situation, I think it is very difficult to learn something qualitative and become independent.

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May 15, 2023, 10:39:56 AM
 #171

Being self-taught has always been one way I have gained more learning experience about cryptocurrency than being tutored.
The importance of having a formal education, is so that one can ask good and constructive questions which when answered properly is a well of knowledge in itself.
How, why, when, as I was taught in economics class, back in the days, still helps anyone who intends to learn on their own.
Having someone who is willing and available to teach/tutor anyone on crypto is a gift these days, because everyone seems busy and looking for more money.
Using a demo account is one sure way to be self taught, as well as joining a forum or group, as this is where its knowledge is being shared and discussed.
Learning how to trade thoroughly through self though can be very challenging because I'm new may not know the necessary things to learn because getting to the next level. In this kind of learning, the person would need to do concrete research about the market before they go into the market and starts trading. There are some things that the person may be missing and which can be very important to understand as a trader. Self learning is good when we utilize it in various ways so that we can learn bother watching videos, reading, asking questions and doing research.









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May 15, 2023, 07:33:06 PM
 #172

I personally study alone but I have friends who are like tutors to me. So he's the one who always tells me when I'm about to take the wrong step. And the importance of taking lessons from other people's experiences is to accelerate our learning in knowing trading psychology. But in the end it is the experience itself that will be very useful and become a very important lesson.

I think it's still a question of how much you can trust your tutors and for me, it's also more of a question of responsibility. When you trade on your own, you make your own mistakes and you have no one to blame but yourself. From such mistakes, a person is more inclined to draw conclusions that may become useful to him in the future. When he turns to a tutor for help, he can also blame failures on him, because it was the decision of someone else. In such a situation, I think it is very difficult to learn something qualitative and become independent.

Exactly, there are instances that instead of learning something out from a mistake if you have someone who's guiding you, chances that you will blame them with your failures will take place, unlike with you are doing it alone, those mistakes will be charge to the experienced and for you to adjust and have a better judgements not to repeat the same error again.

Something that opinion base as there are different people and traders that translate the edge and risk of having someone tutoring you from this business.

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May 15, 2023, 08:31:07 PM
 #173

I am long term hodler and I am not willing to go in professional trading at all. I have tried few lessons, tried to learn theorems behind various charts and views but each time my projections or forecasted were not up to the mark. I would suggest it’s always best practice to take professional tuitions and not to go on self trading. It seems very easy but that is not the case at all. Trading is huge pond, there are risks and profits that are directly proportionate to each other. The more risk you take the higher profits you earn and vice Vera.
The only issue is, you need to learn it and work proper strategies. So yup no self learning just professional one.
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May 15, 2023, 09:16:47 PM
 #174

I personally study alone but I have friends who are like tutors to me. So he's the one who always tells me when I'm about to take the wrong step. And the importance of taking lessons from other people's experiences is to accelerate our learning in knowing trading psychology. But in the end it is the experience itself that will be very useful and become a very important lesson.

I think it's still a question of how much you can trust your tutors and for me, it's also more of a question of responsibility. When you trade on your own, you make your own mistakes and you have no one to blame but yourself. From such mistakes, a person is more inclined to draw conclusions that may become useful to him in the future. When he turns to a tutor for help, he can also blame failures on him, because it was the decision of someone else. In such a situation, I think it is very difficult to learn something qualitative and become independent.

Exactly, there are instances that instead of learning something out from a mistake if you have someone who's guiding you, chances that you will blame them with your failures will take place, unlike with you are doing it alone, those mistakes will be charge to the experienced and for you to adjust and have a better judgements not to repeat the same error again.

Something that opinion base as there are different people and traders that translate the edge and risk of having someone tutoring you from this business.
If you do it alone then for sure there's no way that you would really be blaming out someone but rather you would really be that doing it alone according into your own will and according into your own knowledge.
It is really that just much preferred on doing by yourself because everything could really be learnt out considering that all of information and other things could really be seen and be searched online.
Some do love or prefer on learning up trade via someone who had been teaching them and believing that it is really that fast tract on learning up things which i could say that its never been
that true because learning alone could really be just the same.It would really just a matter of effort and time been spent because some are really that just that eager to learn up trading despite of whatever
conditions that they are facing. There are really just that people who are that lazy or simply really just like for things to be simple and would really be that fast to be done without even tending to
realize that learning up trading is never been simple and never that be short time. You would be needing ample long time and lots of engagement before you could really be having a good grasps.

R


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May 15, 2023, 09:47:24 PM
 #175

That is equally useful, because if we look at it, if you have a tutor to guide us as a beginner in crypto trading, we will be able to more quickly understand or understand the steps or tools that should be taken and used to conduct trading in the field that this.

      However, the feeling is also different if we learned through our own effort, because we felt more and the hard work we do just to know something. Because of this way I understood the performance of trading activity through research about it, such as video tutorials on youtube, and always using google search and reading here on the forum too.



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May 15, 2023, 09:57:13 PM
 #176

The most I know of trading ha been what I learned from others and I topped that with some practical experience of my own. I must say, it's never easy and even now, I don't suppose I have more knowledge of it because, am still within the losing circle. I would say it's minimal since i don't have to trade often but, am very much still trying to gather experience.

The theoretical aspect is what I am adequately familiar with but surely, its not an easy application and I have my difficulties that am still sorting out as well.

Being tutored isn't a bad idea but, you get the most when you approach the market in your own way, lose and make up for loses.

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May 16, 2023, 07:44:53 AM
 #177

That is equally useful, because if we look at it, if you have a tutor to guide us as a beginner in crypto trading, we will be able to more quickly understand or understand the steps or tools that should be taken and used to conduct trading in the field that this.

Maybe this way is faster, but I definitely do not agree that it leads to understanding steps or tools that should be taken and used to conduct trading, because you definitely cannot be sure that you understand the objective training tools and not the interpretation of your tutor, which can be misleading and inaccurate. How likely are you to independently verify information received from a tutor, especially if you trust him and see that this is a faster path to your desires? I think the probability is minimal in this case. And this can lead to big losses and to the realisation that your knowledge received from someone else is not relevant to the market.

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May 19, 2023, 10:14:46 PM
 #178

That is equally useful, because if we look at it, if you have a tutor to guide us as a beginner in crypto trading, we will be able to more quickly understand or understand the steps or tools that should be taken and used to conduct trading in the field that this.

Maybe this way is faster, but I definitely do not agree that it leads to understanding steps or tools that should be taken and used to conduct trading, because you definitely cannot be sure that you understand the objective training tools and not the interpretation of your tutor, which can be misleading and inaccurate. How likely are you to independently verify information received from a tutor, especially if you trust him and see that this is a faster path to your desires? I think the probability is minimal in this case. And this can lead to big losses and to the realisation that your knowledge received from someone else is not relevant to the market.
If ever you've been following someone and there's something that you cant understand then it would really be just that right that you should be putting up at least some effort for you to study and learn up on whats missing specially if you are following someone for free.If ever those people would really be giving out some hint and ideas on what they've been saying then you're in luck but if they
are on that fast track then for sure there would be lots of terminologies and other terms which you would really be boggling up your mind.This is why it would really be that better that you should
really be helping out yourself on learning on what could be possibly learn. Learning is limitless considering that this market is really that random and unpredictable.Its up to your preference
whether you would really be liking yourself to be tutored or does really like on having that solo learning considering that most information could really be researched up online.
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May 19, 2023, 10:27:12 PM
 #179


whether you would really be liking yourself to be tutored or does really like on having that solo learning considering that most information could really be researched up online.

I also started trading with a friend who directed me. friends share information and teach me some early trading techniques. Even when I was just starting, I practiced the same trades my friends did.
but it doesn't last long, of course, those who guide us will not be able to continue to provide direction. we have to learn on our own or at least we gain knowledge and experience from us following someone really good when giving directions.
There's nothing wrong with following people, but developing yourself is also necessary for better self-achievement.


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May 20, 2023, 07:35:00 PM
 #180

That is equally useful, because if we look at it, if you have a tutor to guide us as a beginner in crypto trading, we will be able to more quickly understand or understand the steps or tools that should be taken and used to conduct trading in the field that this.

Maybe this way is faster, but I definitely do not agree that it leads to understanding steps or tools that should be taken and used to conduct trading, because you definitely cannot be sure that you understand the objective training tools and not the interpretation of your tutor, which can be misleading and inaccurate. How likely are you to independently verify information received from a tutor, especially if you trust him and see that this is a faster path to your desires? I think the probability is minimal in this case. And this can lead to big losses and to the realisation that your knowledge received from someone else is not relevant to the market.
If ever you've been following someone and there's something that you cant understand then it would really be just that right that you should be putting up at least some effort for you to study and learn up on whats missing specially if you are following someone for free.If ever those people would really be giving out some hint and ideas on what they've been saying then you're in luck but if they
are on that fast track then for sure there would be lots of terminologies and other terms which you would really be boggling up your mind.This is why it would really be that better that you should
really be helping out yourself on learning on what could be possibly learn. Learning is limitless considering that this market is really that random and unpredictable.Its up to your preference
whether you would really be liking yourself to be tutored or does really like on having that solo learning considering that most information could really be researched up online.

Good point even you have someone who are assisting you, it's still needed to do some extra effort to do your research and make some advance learning, in-case you unable to understand some terms you will manage you adopt it once you fully learn their practices, though it's good to have someone who can assist you thru out the process as you will have some edge compared to those traders who don't have anything and just starting from the scratch.

But then again, you also need to keep yourself well-inform so you'll not just lean to someone but you'll be able to decide when you already convince that you have enough to stand on your own.

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