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Author Topic: Is trading good for beginners?  (Read 2904 times)
Cryptmuster
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April 22, 2023, 06:40:27 AM
 #241


There is no one who is truly a beginner if they want to trade, because surely they will try to learn first before starting and I agree that for people who do not have knowledge should not do trading before learning how.

If people do not master the science of trading, you should try to find other jobs that are easier and many reasons they will suffer losses when running trading without basic knowledge. But if your friend has an interest in trading, then the step that must be taken is to learn the basics of trading and most importantly ready to lose when conditions are beyond estimates.

This is the dilemma that without practice it will be impossible to acquire the necessary skills for successful trading. Therefore, I would say that you need to trade and gain experience, but you need to start with small amounts that you are likely to lose, but you will gain experience and be able to understand in real trading what works best for you, which strategy is good and which is not good.

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April 22, 2023, 08:06:45 AM
 #242

Trading can be very risky and is not suitable for everyone. Even professional traders do not always manage to make money in the market, and it can be even more difficult for beginners. Therefore, if you do not have knowledge and experience in trading, I would recommend starting with learning and understanding the basic principles of trading in financial markets.
If you do decide to start trading, then you should invest the time and effort into learning, strategizing, and planning your trades. Follow a well-founded strategy and don't just try to guess the direction of the market. And remember that trading is not a get-rich-quick scheme and requires patience, discipline and risk management.
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April 22, 2023, 03:51:40 PM
 #243

Every trading has a beginning you have to start your trading journey with deep education on how to trade and make profit and loss and also being consistent
Trading is not only all about knowledge,or education,I agree with you that education is one of the major keys involved in been very successful,but trading is not only based on that,I think trading has a little to do with luck.Trading is a little bit related to gambling,where you stake and wait for luck to decide it.Most persons who claimed to be very educated and have a wide range  of experience in trading have failed and loss many times but they won't just let it out.And I don't really advice people to rest their mind on trading because it has failed many persons,and have broken many lives.It is better to hold of don't want to experience such,becausee holding doesn't carry much tension like the way trading does.
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April 22, 2023, 04:01:09 PM
 #244

"Trading" is not as simple as we think but it is not so simple.  We may think we came to trade, traded and left victorious.  The thing is not like that, the meaning of the word trading is many. If we do not decide to trade with understanding then the word trading is very difficult for us but if we do not have the minimum idea about the market and take trade only by seeing some temporary ups and downs of the market then trading is very easy for us. People who are really wise or who have enough knowledge about trading never take decision in haste. Before taking a trade or decision, they think about it several times. And multiple times the market observes different candles and there are some other rules which they try to work by following. 

But trading is not safe for beginners. Because those who don't have the slightest idea about how to succeed in trading.  Newbies should learn or learn about trading first without getting directly involved in trading.
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April 22, 2023, 06:20:44 PM
 #245


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?
Is possible for anyone to get profit if they trade when the market is favorable, but it will be very good if a beginner start holding coin instead of trading them because I think they lack experience on market movement and also lack knowledge about the trading itself. If beginner decides to follow all those trading signal experts I think it is a wrong direction because no one can predict market.

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April 29, 2023, 01:15:24 PM
 #246

If someone doesn't have any knowledge about trading and how the system works, it's not advisable for them to start trading with all their savings. Trading involves a lot of risks, and without the proper knowledge, skills, and experience, one may end up losing all their money.

However, if the person is interested in trading and wants to learn more about it, they can take some online courses, attend seminars, or even seek the help of a professional trader to guide them through the process. It's essential to learn the basics of trading, such as technical analysis, fundamental analysis, risk management, and trading psychology.

Regarding the idea of choosing on the candlesticks, it's essential to note that trading is not just about choosing between two options. Trading requires a lot of analysis and decision-making, and basing decisions solely on the candlesticks is not enough.

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April 29, 2023, 02:46:08 PM
 #247

Trading for newbies can be good only when newbies know about trading and then trade. Those who give advice to others for trading say that the amount of money to be spent on trading should be deducted from your total money because there is a lot of risk in trading. Even if we trade with enough knowledge or knowledge about trading, we still have risk of money. If a person trades without minimum knowledge of training, then you can imagine how much trading can be harmful for his money. Every new trading interested member should first try to learn about trading.  Trading is not a place to read in haste. Here you have to be patient and have enough ideas and then start trading.  Moreover, training can never be good for beginners.

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April 29, 2023, 10:50:16 PM
 #248

Trading for newbies can be good only when newbies know about trading and then trade. Those who give advice to others for trading say that the amount of money to be spent on trading should be deducted from your total money because there is a lot of risk in trading. Even if we trade with enough knowledge or knowledge about trading, we still have risk of money. If a person trades without minimum knowledge of training, then you can imagine how much trading can be harmful for his money. Every new trading interested member should first try to learn about trading.  Trading is not a place to read in haste. Here you have to be patient and have enough ideas and then start trading.  Moreover, training can never be good for beginners.
Doesnt matter if we do speak about trading or whatever things that you are tending to get involved because everyone could really be that a newbie on a particular stuff because not all things which is known by us,
which means that if you are newbie or completely noob on a certain thing then being good or bad isnt really an indicator for you to be worth it on engaging but knowing or speaking about trading which is particularly a thing which does gives out that kind of opportunity or chance for you to make profit or money then i could consider that this is a good engagement, although it is really that risky but somewhat worth
on the time that you would really be having a good grasps into it. Trading is good but its not something that could anyone could easily pull off. You cant really be that just that too
confident because market is unpredictable and this would really be involving lots of emotional impulsive situations which it would be that normal.

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May 07, 2023, 06:00:42 PM
 #249

He can trade but he will be more likely to lose all his savings, not only in trading but in all types of work, business and others if done without the right knowledge you will get nothing but loss and despair, even when the person has the knowledge and is ready plunging into trading he still has the opportunity to lose because not everyone is suitable for trading. Sometimes it's easier to start a business in the real world than do trading.

Exactly true that knowledge is the power and if you use knowledge in a right way so there is nothing more difficult to achieve. Business in real estate is more beneficial because than trading because trading needs learning and if you learn then use your knowledge accurately also matters as well as to learn how to take step during difficult circumstances. Business in real estate is not such risky as that of the trading but people prefer trading more because of its high return but I think never have to put your overall money and as you have profit so use profit for trading and recover your invested money back for further use.









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May 08, 2023, 08:52:25 AM
 #250

Trading for newbies can be good only when newbies know about trading and then trade. Those who give advice to others for trading say that the amount of money to be spent on trading should be deducted from your total money because there is a lot of risk in trading. Even if we trade with enough knowledge or knowledge about trading, we still have risk of money. If a person trades without minimum knowledge of training, then you can imagine how much trading can be harmful for his money. Every new trading interested member should first try to learn about trading.  Trading is not a place to read in haste. Here you have to be patient and have enough ideas and then start trading.  Moreover, training can never be good for beginners.

Trading may be a useful instrument to make extra money, but it takes a lot of commitment, work, and self-control. Although there is danger in trading, it is possible to make money from it with the right information, risk management, and strategy development. Beginners should approach trading with a growth mentality and an openness to making errors. Even beginner traders may achieve market success with time, effort, and practice.
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July 16, 2023, 10:26:13 AM
 #251

Trading will not be good for beginners, because they have no idea about trading. They will only lose their money because they are new. Which will hurt them a lot financially. For beginners it will be very difficult to earn money from trading. Because they have never done any research about trading and they have no knowledge about trading. If they want to start trading then they need to start trading with small amount of money first. So that they can gain knowledge about trading and understand the market of trading. And always trade with good research. This will make you a better trader.

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July 16, 2023, 11:10:18 AM
 #252

He can trade but he will be more likely to lose all his savings, not only in trading but in all types of work, business and others if done without the right knowledge you will get nothing but loss and despair, even when the person has the knowledge and is ready plunging into trading he still has the opportunity to lose because not everyone is suitable for trading. Sometimes it's easier to start a business in the real world than do trading.

Exactly true that knowledge is the power and if you use knowledge in a right way so there is nothing more difficult to achieve. Business in real estate is more beneficial because than trading because trading needs learning and if you learn then use your knowledge accurately also matters as well as to learn how to take step during difficult circumstances. Business in real estate is not such risky as that of the trading but people prefer trading more because of its high return but I think never have to put your overall money and as you have profit so use profit for trading and recover your invested money back for further use.
Doing something without knowledge is like creating a time bomb that will explode at any moment. Especially in terms of trading, someone who has a lot of experience and knowledge can still sometimes be wrong in analyzing the market, especially this who acts without knowledge, I prefer to say it as a gambler, because what is the difference because surely those who do it hope for luck alone, while something that is very thick with luck is gambling.
I would say no to someone who has not enough knowledge to do trading, it is better to invest in bitcoin alone while learning more about how to trade, and what we have to understand in it.

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July 16, 2023, 02:31:09 PM
 #253

For beginners, trading can be tempting but also risky. It has the potential for making money, but it's not easy. Financial markets can be confusing and unpredictable, leading to big losses. Before trying trading, beginners should learn about it, be careful, and consider other safer ways to invest their money. Understanding the risks is essential to avoid the losses associated with it.

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July 17, 2023, 05:01:09 AM
 #254

For beginners, trading can be tempting but also risky. It has the potential for making money, but it's not easy. Financial markets can be confusing and unpredictable, leading to big losses. Before trying trading, beginners should learn about it, be careful, and consider other safer ways to invest their money. Understanding the risks is essential to avoid the losses associated with it.

You are right that trading can be a profitable investment for newbies but there are always risks of loss along with profit. There are great opportunities for profit in trading, but this is only possible if one has good experience and knowledge in trading. Without experience and knowledge the risks of loss on this platform increase. Newbies should get well informed before trading. Newbies can start trading with a small portion of their capital. Trading is not as easy as it looks. There are many platforms to learn trading from where newbies can learn a lot. However, investing in any field without knowledge and experience can be risky.

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July 17, 2023, 05:19:59 AM
 #255

For beginners, trading can be tempting but also risky. It has the potential for making money, but it's not easy. Financial markets can be confusing and unpredictable, leading to big losses. Before trying trading, beginners should learn about it, be careful, and consider other safer ways to invest their money. Understanding the risks is essential to avoid the losses associated with it.

You are right that trading can be a profitable investment for newbies but there are always risks of loss along with profit. There are great opportunities for profit in trading, but this is only possible if one has good experience and knowledge in trading. Without experience and knowledge the risks of loss on this platform increase. Newbies should get well informed before trading. Newbies can start trading with a small portion of their capital. Trading is not as easy as it looks. There are many platforms to learn trading from where newbies can learn a lot. However, investing in any field without knowledge and experience can be risky.
Maybe trading in small amounts is good for gaining experience for beginners,
but what must be realized is that trading is so risky that when we have no knowledge and experience at all it will be easy to lose,
it's better to focus on learning and gaining experience gradually so that you can develop.

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July 17, 2023, 05:28:31 PM
 #256

Maybe trading in small amounts is good for gaining experience for beginners,
but what must be realized is that trading is so risky that when we have no knowledge and experience at all it will be easy to lose,
it's better to focus on learning and gaining experience gradually so that you can develop.
Gaining in trading is only possible for experienced professionals.Trading involves a lot of different factors, but the one I fully get is that the lower your investment, the lower the risk, but the bigger your investment, the higher the risk, and vice versa.All of this is true for experts, but beginners need to learn more and more in order to succeed. In order to do this, beginners must focus and take things slowly; over time, everything will improve. The first thing beginners need to remember is that patience comes before greed.


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carlfebz2
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July 18, 2023, 10:46:55 PM
 #257

Maybe trading in small amounts is good for gaining experience for beginners,
but what must be realized is that trading is so risky that when we have no knowledge and experience at all it will be easy to lose,
it's better to focus on learning and gaining experience gradually so that you can develop.
Gaining in trading is only possible for experienced professionals.Trading involves a lot of different factors, but the one I fully get is that the lower your investment, the lower the risk, but the bigger your investment, the higher the risk, and vice versa.All of this is true for experts, but beginners need to learn more and more in order to succeed. In order to do this, beginners must focus and take things slowly; over time, everything will improve. The first thing beginners need to remember is that patience comes before greed.


Come to in mind that those professionals are once noobs on which if they could be able to reach out that state then it is really that possible for you to reach out that state too, it is really just it do only differs when it

comes to experience and time and effort that you have able to dealt on this market which for you to be able to reach out that certain condition then you should do the same thing but of course the results or outcomes
wont really be just that the same for those people who do reach out that pinnacle on dealing with this market. Its not something that would really be that an assured thing but at least you have done something which
are supposed to be done if you do have that kind of target when it comes to trading. Never take this thing for granted because this isnt something that you could learn up for few days but rather it would take years
for you to be able to have a good grasps into it and of course it would really be depending on how fast you would be able to understand on what you are dealing with.

Trading is for everyone or someone who are really that eager on learning it out, it is really just that people commit out mistakes just because they do tend to rush up things.

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July 19, 2023, 06:39:42 PM
 #258

Maybe trading in small amounts is good for gaining experience for beginners,
but what must be realized is that trading is so risky that when we have no knowledge and experience at all it will be easy to lose,
it's better to focus on learning and gaining experience gradually so that you can develop.
Gaining in trading is only possible for experienced professionals.Trading involves a lot of different factors, but the one I fully get is that the lower your investment, the lower the risk, but the bigger your investment, the higher the risk, and vice versa.All of this is true for experts, but beginners need to learn more and more in order to succeed. In order to do this, beginners must focus and take things slowly; over time, everything will improve. The first thing beginners need to remember is that patience comes before greed.



Yes, your appetite will increase along the way when you already understand the whole process, better to keep studying and dealing with your research before stepping your feet inside this wild industry, it's not an easy at it is and there are many failed attempts from those who thinks that trading is a venue to make a quick way to be rich.

Though if luck permits, maybe it will happen just how those early believers who manage to buy and hold, then when that huge market pump takes place they all earn decently.

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July 19, 2023, 07:11:05 PM
 #259

Gaining in trading is only possible for experienced professionals.Trading involves a lot of different factors, but the one I fully get is that the lower your investment, the lower the risk, but the bigger your investment, the higher the risk, and vice versa.All of this is true for experts, but beginners need to learn more and more in order to succeed. In order to do this, beginners must focus and take things slowly; over time, everything will improve. The first thing beginners need to remember is that patience comes before greed.

A professional traders was once a newbie so without been a newbie and making profits when trading, no one can become a professional therefore both the newbies and professional traders can trade and make profits, profits isn't meant for only professional traders.

A newbie that wants to become a traders need to understand that trading needs discipline and without disciples he can't become a professiyon trader that can make money due to the experience he has gathered while trading, professionals also lose some trades too.

If professional traders can lose while trading that means newbies can also gain while trying therefore trading isn't just for professionals only. But as a newbie you have to be very smart and make sure you have strategies that'll make you profits to become a good trader.

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July 19, 2023, 08:39:30 PM
 #260

No i could not think that. Because trading only should for experienced people. Without any experience he will be huge losser there has no doubt. Because trading is not too easy. To be a good trader at first need proper knowledge about trading. Beginners need to know about technical analysis, fundamental analysis, money management etc. When any newcomers gather knowledge about that’s analysis then he can start firstly demo trading. Thenn can be trading is good for beginner. Otherwise any beginners should not start trading to avoid risk.

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