Is trading good for beginners?

[LUCKMCFLY]

Someone met me and we were had a conversation on trade and he told me that he has used all he has been saving for trading and asked me if he can make something out of it and I asked him if he had any knowledge about it and he said no.

My question is can someone that doesn't have any knowledge about trading and how the system work can he or she trade and be profitable in it? Since at some points it has some compliments bof luck.
After some time of discussion, he has been told that it's just for them to choose on the candles sticks if it's up the they want to choose or the one going up just with this idea can they trade with such an idea.
so I wan to know if it's right for the person to begin trading?

Of course everyone has chance , but the problem is how much is the chance? I mean if you are going to invest that amount would it be doubled or lose?
because there is no assurance here even those knowledgeable sometimes experience defeat so what more those chance taker?
invest when you are ready and never use  trading as gambling area because they are different .

If you are going to trade you should be aware that you will lose no matter how professional you are because that is the part of trading . You should accept it and learn from it because that is your teacher and will teach you valuable lesson . Also trading is very far from gambling as you are just basing with luck then if you want to trade and relying on luck then for sure in the long run youll be frustrated as you are losing a lot

In trading there will always be profits and losses, obviously when there is a novice his main tendency will be to lose, or he may be very lucky and win, but the activity that can most often occur is to lose, and the bad thing is that a novice You will never accept that you must read, learn, and apply all your knowledge, sometimes the emotions of novice traders make you operate without knowledge and that is the worst of all mistakes, because it translates into loss of money, and that is already something delicate, because trading is not gambling.

[jokers10]

someone who is just starting out trading could get lucky if they do that, but luck won't always be on their side, so they could follow suit but lose all their money in the end.
it's different if he puts in a small part of his money to learn trading, so that when he has experience he can use even more money.

Trading with a couple of bucks is not the same as trading with millions of bucks and that is not the same as with billions. So couple bucks training will not give you enough experience for trading in general, it is better to learn about trading from books and try training mode with different virtual deposits. And even experienced traders can lose anyway, it is better to keep it in mind and not try to risk too much even when you think you are professional.

[naikturun]

good if they really want to learn trading.
but at first you might find it difficult and also this is a very risky activity so I think he should know the risks before starting.
if you already know about trading you should teach your friend, so he will get some help.

[Sakanwa]

someone who is just starting out trading could get lucky if they do that, but luck won't always be on their side, so they could follow suit but lose all their money in the end.
it's different if he puts in a small part of his money to learn trading, so that when he has experience he can use even more money.

Trading with a couple of bucks is not the same as trading with millions of bucks and that is not the same as with billions. So couple bucks training will not give you enough experience for trading in general, it is better to learn about trading from books and try training mode with different virtual deposits. And even experienced traders can lose anyway, it is better to keep it in mind and not try to risk too much even when you think you are professional.

Professional or not I don't think in trade they have anything called professional because I have think and tried to be one but not really seeing anything coming out so I initially trade is not manipulated by someone but was built in it own form and pattan .

[jokers10]

Professional or not I don't think in trade they have anything called professional because I have think and tried to be one but not really seeing anything coming out so I initially trade is not manipulated by someone but was built in it own form and pattan .

Market is changing with the time so to keep own form and patterns you should change them as well. And if you think that you are not being manipulated then you just didn't realize that you are being. Trying to understand where and how are you being manipulated can help you in trading as the same way many others are being manipulated the same time but you never know if it is not the manipulation also. And when someone grows into the whale they should learn themselves how to manipulate others as they become too big to play with someone else's waives.

[WatChe]

Trading with a couple of bucks is not the same as trading with millions of bucks and that is not the same as with billions. So couple bucks training will not give you enough experience for trading in general, it is better to learn about trading from books and try training mode with different virtual deposits. And even experienced traders can lose anyway, it is better to keep it in mind and not try to risk too much even when you think you are professional.

I would say you learn from practical trading not from books or training courses. If you are new to trading then start with small money and gradually increase it. It is imperative to mention that one need to bear losses at every stage of trading. If you have weak nerves and cant bear loss then trading is certainly not for you. Moreover trading (short term) is not everyone game and you need to understand this fact as early as possible to avoid further loses.

[RockBell]

I would not advise it because it's better to gain enough knowledge before going into trading seriously. Despite that, I prefer to HOLD and get something else to do to get another source of income, trading as its own risk especially trading futures. Trading as a beginner has serious consequences before it will get to the extent of the beginner losing their fund.

[GreenStox]

I think everyone who studies in anything experiences a struggle to be able to understand and survive in it.
Likewise with trading, I believe that everyone who is just starting trading will find it difficult at first, but over time they will learn.

[deathcode]

My question is can someone that doesn't have any knowledge about trading and how the system work can he or she trade and be profitable in it? Since at some points it has some compliments bof luck.

Actually trading is good for beginners who already have basic knowledge about trading and crypto and really want to pursue it and accept the risks involved. But it's not good if someone is a beginner with no basic knowledge of trading or crypto at all.

Trading is the same as the work we do, it takes a process or time to learn and gain knowledge and understand the risks of the work we take, not just as long as it is done based on one aspect, but must understand all aspects or at least have basic knowledge about what we're going to do. If the job is carried out without being accompanied by studying special basic knowledge first and only relying on luck, I'm sure one day it will definitely harm itself. It's the same as trading, at least we have to learn and have basic knowledge and understand crypto before trading.

[ShowOff]

Actually trading is good for beginners who already have basic knowledge about trading and crypto and really want to pursue it and accept the risks involved. But it's not good if someone is a beginner with no basic knowledge of trading or crypto at all.

Trading is the same as the work we do, it takes a process or time to learn and gain knowledge and understand the risks of the work we take, not just as long as it is done based on one aspect, but must understand all aspects or at least have basic knowledge about what we're going to do. If the job is carried out without being accompanied by studying special basic knowledge first and only relying on luck, I'm sure one day it will definitely harm itself. It's the same as trading, at least we have to learn and have basic knowledge and understand crypto before trading.

Anyone can trade, but not all of them really understand how to make a profit. So of course losses are a risk for any trader because crypto has very high price volatility compared to other assets.

Because of the risk, every trader may only trade because of his own decision without any coercion. The inability to understand how the market works is self-defeating, so of course getting the right knowledge is recommended before trading.

[Bushdark]

Whether you are a beginner in trading or not we need to learn how to trade very well before thinking of entering into the market place.
Trading is very hard so we don't need to rush our journey of becoming a trader so we need to calm down and learn the necessary things that would make us a good trader. I have seen some few trades that do not even know how to trade but what they always do is to ask funny questions about the market so they would know when to enter the market and execute there trades. We don't need to be these kind of traders.

[jokers10]

I would say you learn from practical trading not from books or training courses. If you are new to trading then start with small money and gradually increase it. It is imperative to mention that one need to bear losses at every stage of trading. If you have weak nerves and cant bear loss then trading is certainly not for you. Moreover trading (short term) is not everyone game and you need to understand this fact as early as possible to avoid further loses.

How many newbie traders make silly mistakes about which they can read in a children books on economy? If to look even in this forum I'd say that too many. You can make the same silly mistake again and again and still think that you are just not as lucky as others, not every mistake learns us something. So IMO it is important to learn first basics from books, then try to use learning mode of trading and only then try to play at a real market with a small deposit, then lose it anyway and start getting an own experience or left a market if it is not suitable for you.

[MiF]

Someone met me and we were had a conversation on trade and he told me that he has used all he has been saving for trading and asked me if he can make something out of it and I asked him if he had any knowledge about it and he said no.

My question is can someone that doesn't have any knowledge about trading and how the system work can he or she trade and be profitable in it? Since at some points it has some compliments bof luck.
After some time of discussion, he has been told that it's just for them to choose on the candles sticks if it's up the they want to choose or the one going up just with this idea can they trade with such an idea.
so I wan to know if it's right for the person to begin trading?

We cannot judge people if he or she wants to trade, it is a matter of choice simply because it involves money, we know trading is not simple, and beginner's need to learn more so the better strategy if we are a newbie we need to trade with a small amount an amount that we can afford to loss, and if time will come that we are full of idea or strategy and we learn to trade by our self then we can start trading with big capital.

[Sebas.tian]

Whether you are a beginner in trading or not we need to learn how to trade very well before thinking of entering into the market place.
Trading is very hard so we don't need to rush our journey of becoming a trader so we need to calm down and learn the necessary things that would make us a good trader. I have seen some few trades that do not even know how to trade but what they always do is to ask funny questions about the market so they would know when to enter the market and execute there trades. We don't need to be these kind of traders.

Trading required skills, which you need to learn to acquire such knowledge concerning crypto trading before you can decide to trade on your own in the market. If you can exercise patience to learn crypto trading very well like the way potential traders took their time some years ago to learned so many things about Long term trading and short term trading to know the one that is profitable to traders in the community. It will be advisable to learn trading before trading in the market, so that it will help you to embrace profits in your trading and also help you to stay away from losses by buy crypto when the price is low in the market.

[DevilSlayer]

Can a person be a trader without a general understanding of the financial markets? Is your friend ready to make the right decisions, have an understanding of market trends, and have the ability to manage risk and their own emotions? Well, in addition, to having the ability to adapt to changes in the market, All this and much more do not come in one day; experience and long practice are needed, which bring both mistakes and victories. Of course, if there is interest, it must be thoroughly studied, but one must be prepared that many ravines can be encountered along the way, which ultimately destroy the desire to trade.

There is only one thing that his friend is waiting for, and it is $0 value in his wallet. The concept in trading is easy to understand but it is the one of the hardest job to execute and it is the reason why only few handful individuals are making money from trading. Basic foundation is very important to learn like how to read a chart, how to read a candlestick, how to define a trend, how to identify support and resistance, how to make use indicators, remembering some patterns and also the most important is the trading psychology. If your friend enter in the market without knowing any thing that I mention above, he will be defeated by the market for sure.

Remember that knowledge is power, acquiring knowledge is the 1st thing that we should do before we think how much money that we could earn in trading. Once you have a knowledge then you can apply it in the trading world with confidence and winning attitude. Invest small first, try to experiment different strategies then when you earn confidence, it is the best time to invest huge amount of money.

[rhodelmabanal]

It is not good for beginners because beginner may loss money because trading is a hard work, i believe that if the trader is a newbie to trading works they have a big chances of loosing,so to those who are beginners i suggest that learn the basic first or consult the expert first before we do trading to make everything fine if there are strategy that you did not understand ask youre expert friend and understand every single detail that he might teach you.

[andriarto]

Short-term trading is risky for beginners, but if we don't start practicing, we will never be proficient in trading. for me the wisest thing is to study in theory first so that you have knowledge about short-term trading, and after that don't rush to get big profits and in a short period of time, therefore use small capital first to gain experience. afterwards, we will understand the difficulties that exist in trading, so that we can slowly improve them gradually

[lousie9]

Someone met me and we were had a conversation on trade and he told me that he has used all he has been saving for trading and asked me if he can make something out of it and I asked him if he had any knowledge about it and he said no.

I think the people you meet are not really being honest telling the truth. he says he has no knowledge of trading, but he uses all his savings to trade and make a profit? how could that be?. it looks very funny and very easy way to earn a lot. so that we know he was not honest with you OP.
It is impossible for people who do not have trading knowledge to be desperate to use all their savings to trade and make a profit from it.

Short-term trading is risky for beginners

In my opinion, trading is indeed a risky activity or job, but it is not only risky for beginners, even a professional trader cannot avoid the risk of losses that exist when trading.

for me the wisest thing is to study in theory first so that you have knowledge about short-term trading, and after that don't rush to get big profits and in a short period of time, therefore use small capital first to gain experience. afterwards, we will understand the difficulties that exist in trading, so that we can slowly improve them gradually

what you say is absolutely true and this has been said several times that learning the basic theory is the main key for everyone when they want to start trading, we shouldn't force ourselves to trade right away if we haven't mastered the basic theory and understand how to analyze the market.
after really feeling that we have  enough a basic understanding of trading, we are welcome to start practicing trading gradually with small money first and don't ever be greedy to use all of our money to trade.

[topman21]

Trading platforms are not safe for everyone. There are many experienced traders but they sometimes make losses on the trading platform. Trading platform is a very profitable business on the one hand while training platform is a very risky business. But I definitely don't think it's safe for newbies here. There are some new traders who enter here after gaining some experience. They consider themselves to be very experienced after making few trades. I never consider this type of person to be experienced, I think the training platform for them is unsafe.

[bettercrypto]

...
My question is can someone that doesn't have any knowledge about trading and how the system work can he or she trade and be profitable in it? Since at some points it has some compliments bof luck.
After some time of discussion, he has been told that it's just for them to choose on the candles sticks if it's up the they want to choose or the one going up just with this idea can they trade with such an idea.
so I wan to know if it's right for the person to begin trading?

trading is good for all people, especially beginners but trading without knowledge and skills is like someone walking in the middle of the desert without drinking water and food supplies. when I worked as a broker at a gold brokerage before, every day I met people who had a good economy and really wanted to be able to make a profit from trading but they were lazy to increase their knowledge and skills, this is what fraudulent brokers often take advantage of.

trading only relying on luck - trading only relying on friends' invitations - trading only based on FOMO will definitely end up with big losses. trading requires careful preparation - focus - consistency - persistence.

There are so many newbies who enter crypto trading even if they don't know anything because they are willing and ready to gamble because most of them were just encouraged and hyped by the positive things they heard about crypto trading.

     After all, they should really learn first before jumping into something like this, we know that its too good to be true, because no one really gets rich here in crypto trading just one night.