Is trading good for beginners?

[Timmzzy]

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?

just like you were born to this world you dont know how to walk Right? your parents will have to nurture you with love, care and support till you grow up to be able to walk on your own and do things on your own, so thats same thing with how trading works without anyone to coach you and put you through you cant do it on your own. i dont think anyone is born with the TALENT OR KNOWLEDGE  of trading, we all got an idea or clue from some were some how.

[Jody.Drummer]

Basically trading is good for newbies if they can gain experience. A new trader needs to know some things that he can trade profitably by knowing. To make profit there are certain trading tips to follow and advice from well experienced traders. If trading is done according to what they suggest then it will definitely be beneficial for the newbies and they can trade and make profit. Otherwise there are many new traders who do not understand the market but they want to start trading and during this time they face losses. So all those newbie traders out there should always follow good advice. But I think it is better if newbies can gain experience in all aspects of trading.

The truth is that someone new to trading, no matter who they are, will not know what to do first. Many are inspired by the success of others and then they try it themselves, in my opinion it is wrong because if they do it themselves without the right mentor or without looking for a lot of references and only learn from demo accounts alone it will make them experience a lot of losses and in that position they will be confused. Like you said, and I hope those beginners will be able to start with a purposeful goal, meaning gradually starting from the lowest thing. And also they must be able to choose the right mentor to guide their journey, it is not easy to find a mentor who really wants to provide knowledge that is in accordance with the facts, many of them only take advantage of the situation for profit only and also many of them beginners who become victims. In my opinion, the most important thing is that they (beginners) have skills in controlling themselves, are not easily provoked and always have a definite plan in doing so, these limits will be able to reduce the level of loss and avoid them from being called MC.

[armanda90]

Actually, for beginner not recommended for trading without have knowledge, many unpredictable happen at the future actually get potential loss capital when little mistake in trading, but trading could be alternative side job for every one without have to spent all day for working. Current now, many channel information about trading and for beginner can learn step by step how to be success in trading but have to remember in trading is not fast way to earn profit or become rich person. All expert in trading come from beginner or newbies and success manage well with trading factor how to be success by reading as much information or news update about all coins news, depend many people have been success in trading come from beginner why not for beginner success in trading?

[Patrol69]

Actually, for beginner not recommended for trading without have knowledge, many unpredictable happen at the future actually get potential loss capital when little mistake in trading, but trading could be alternative side job for every one without have to spent all day for working. Current now, many channel information about trading and for beginner can learn step by step how to be success in trading but have to remember in trading is not fast way to earn profit or become rich person. All expert in trading come from beginner or newbies and success manage well with trading factor how to be success by reading as much information or news update about all coins news, depend many people have been success in trading come from beginner why not for beginner success in trading?

When new members start trading without having enough knowledge about trading new members can cause serious loss of their money due to a small mistake so new members should never start trading without having enough knowledge about trading.
Beginners should not focus on trading in the beginning but should focus on other aspects of cryptocurrency and try to learn about the unknown. Most of the new members are usually more interested in trading by looking at the positive side of trading, they think that buying a coin will make them profit but it is not that simple. There is a lot to learn about trading, you need to learn about trading and try to gain practical experience but success in trading is possible.

[milewilda]

Actually, for beginner not recommended for trading without have knowledge, many unpredictable happen at the future actually get potential loss capital when little mistake in trading, but trading could be alternative side job for every one without have to spent all day for working. Current now, many channel information about trading and for beginner can learn step by step how to be success in trading but have to remember in trading is not fast way to earn profit or become rich person. All expert in trading come from beginner or newbies and success manage well with trading factor how to be success by reading as much information or news update about all coins news, depend many people have been success in trading come from beginner why not for beginner success in trading?

When new members start trading without having enough knowledge about trading new members can cause serious loss of their money due to a small mistake so new members should never start trading without having enough knowledge about trading.
Beginners should not focus on trading in the beginning but should focus on other aspects of cryptocurrency and try to learn about the unknown. Most of the new members are usually more interested in trading by looking at the positive side of trading, they think that buying a coin will make them profit but it is not that simple. There is a lot to learn about trading, you need to learn about trading and try to gain practical experience but success in trading is possible.

No matter or whatever you do, it is really just that sensible that you should really be that needing on knowing the basics on the time that you would planning to make some engagement with trading.Just like on what most people been pointing out that its never been simple and its not something that could really be able to know and be sustainable for someone who do just recently start but doesnt mean that we cant really make out some engagement to it knowing that everyone could freely deal up or engage with trading as long we are ready and pursuing out on becoming a trader. Yes, its never been that easy but totally could be learnable.
If you are just a newbie then it would really be just that normal that you would really be committing out lots of mistakes and errors but in due time you would really be making yourself able to learn out of those
errors and mistakes. If you are really that serious on learning up then you should need to sustain and survive and getting in line on what are the realistic approach towards on things.
Just be remindful that you shouldnt really be that in a hurry in speaking about trading executions and having that greed that you should really be doing it fast.

[awik p]

Actually, for beginner not recommended for trading without have knowledge, many unpredictable happen at the future actually get potential loss capital when little mistake in trading, but trading could be alternative side job for every one without have to spent all day for working. Current now, many channel information about trading and for beginner can learn step by step how to be success in trading but have to remember in trading is not fast way to earn profit or become rich person. All expert in trading come from beginner or newbies and success manage well with trading factor how to be success by reading as much information or news update about all coins news, depend many people have been success in trading come from beginner why not for beginner success in trading?

When new members start trading without having enough knowledge about trading new members can cause serious loss of their money due to a small mistake so new members should never start trading without having enough knowledge about trading.
Beginners should not focus on trading in the beginning but should focus on other aspects of cryptocurrency and try to learn about the unknown. Most of the new members are usually more interested in trading by looking at the positive side of trading, they think that buying a coin will make them profit but it is not that simple. There is a lot to learn about trading, you need to learn about trading and try to gain practical experience but success in trading is possible.

will be even more at risk if they do short-term trading, of course the risk they will suffer is greater. buying and choosing coins for trading is not as easy as one might imagine, of course you have to go through in-depth analysis and implement a strategy, because the market sometimes doesn't match our expectations. for beginners it would be better to make the first investment by doing long-term trading so you won't be dizzy and of course your mentality will be maintained

[AnonBitCoiner]

just like you were born to this world you dont know how to walk Right? your parents will have to nurture you with love, care and support till you grow up to be able to walk on your own and do things on your own, so thats same thing with how trading works without anyone to coach you and put you through you cant do it on your own. i dont think anyone is born with the TALENT OR KNOWLEDGE  of trading, we all got an idea or clue from some were some how.

This is true that everyone has to learn because no one is born as a trader, doctor, philosopher or anything else, it's up to a person that what he choose to be and for what he works hard.

In life when a child born then there is a support of parents but in trading you have to work by yourself as getting help from others sometimes become dangerous because there are lots of scammers present here who will scams you and you will be unaware of this.

No one is successful trader from the beginning but it is concerned with your understanding and consciousness which you will pick up as the time flows.

[kawetsriyanto]

will be even more at risk if they do short-term trading, of course the risk they will suffer is greater. buying and choosing coins for trading is not as easy as one might imagine, of course you have to go through in-depth analysis and implement a strategy, because the market sometimes doesn't match our expectations. for beginners it would be better to make the first investment by doing long-term trading so you won't be dizzy and of course your mentality will be maintained

Short term trading can be daily trading or weekly trading. Which one do you refer to?

Daily trading can be a bit safe if someone has enough knowledge. In daily trading, we only buy and sell the coins daily, so there will be no significant change. Commonly, the profit isn't very big but people can get regular/constant profits daily. But weekly trading can be riskier because the price can change significantly in a week. This needs better understanding about market trends and the progress of the coins to trade. I think weekly trading is totally not for the beginners. In this type of trading, the possibility of bigger losses will be more than daily trading.

[Rengga Jati]

When new members start trading without having enough knowledge about trading new members can cause serious loss of their money due to a small mistake so new members should never start trading without having enough knowledge about trading.

Yes, you could say this is the easiest and fastest way to lose money. Because everyone knows that trading really requires quite complex skills, not only related to knowledge about crypto and trading. But also how we manage ourselves during trading activities, including managing and controlling our emotions and mental to be able to stay calm, positive, wise, patient, and not panic wat, managing funds to be wiser in spending how much money to put into position, and also managing the risk on how high we can take risk and ready for the risks, also to avoid the risks as good as possible.

So, if we only have the money and we start trading with a lack of knowledge and also other management as stated above, this will be really risky for the newbies. It will seem like gambling in crypto trading. This should be avoided to secure our money.

[Fredomago]

Actually, for beginner not recommended for trading without have knowledge, many unpredictable happen at the future actually get potential loss capital when little mistake in trading, but trading could be alternative side job for every one without have to spent all day for working. Current now, many channel information about trading and for beginner can learn step by step how to be success in trading but have to remember in trading is not fast way to earn profit or become rich person. All expert in trading come from beginner or newbies and success manage well with trading factor how to be success by reading as much information or news update about all coins news, depend many people have been success in trading come from beginner why not for beginner success in trading?

When new members start trading without having enough knowledge about trading new members can cause serious loss of their money due to a small mistake so new members should never start trading without having enough knowledge about trading.
Beginners should not focus on trading in the beginning but should focus on other aspects of cryptocurrency and try to learn about the unknown. Most of the new members are usually more interested in trading by looking at the positive side of trading, they think that buying a coin will make them profit but it is not that simple. There is a lot to learn about trading, you need to learn about trading and try to gain practical experience but success in trading is possible.

No matter or whatever you do, it is really just that sensible that you should really be that needing on knowing the basics on the time that you would planning to make some engagement with trading.Just like on what most people been pointing out that its never been simple and its not something that could really be able to know and be sustainable for someone who do just recently start but doesnt mean that we cant really make out some engagement to it knowing that everyone could freely deal up or engage with trading as long we are ready and pursuing out on becoming a trader. Yes, its never been that easy but totally could be learnable.
If you are just a newbie then it would really be just that normal that you would really be committing out lots of mistakes and errors but in due time you would really be making yourself able to learn out of those
errors and mistakes. If you are really that serious on learning up then you should need to sustain and survive and getting in line on what are the realistic approach towards on things.
Just be remindful that you shouldnt really be that in a hurry in speaking about trading executions and having that greed that you should really be doing it fast.

Allocating good amount of budget that you are willing to risk while learning the process, it's something newbies really can allocate and even they will not succeed they just need to learn in each trade that they've taken, just the same with what you said, it's learnable as long as you really wanted to pursue your career and make it to happen.

Though not all are expected to succeed but it's always better to try to see if you will have that luck to learn more about trading.

Take a baby step and continue seeking for more knowledge. Don't rush your way, as trading is always accompanied by risk. You should take note of it.

[cute nmp]

Sure, Trading can be good for all both beginners and experts .But  it can be very risky for beginners you must learn technical analysis to be able to trade the market and make consistents profits from it. Acquiring Knowledge is a much to become a good trader that can pulled some money from the market Try learning different trading strategies and choose the one that suit you best.

[puloweh555]

so I wan to know if it's right for the person to begin trading?

Best course of action for your friend if he does not have good market knowledge or does not have basic trading knowledge it is better to ask for guidance or you provide him with the help of an investment coach. Because without a scientific basis there will definitely be losses, even though this sounds normal or normal. But I believe this is the most effective way to enter the world of trading to avoid losses that make our finances unstable.

Because in trading we cannot just guess when it will go up and when it will go down, we also need to analyze the features that will come even though we can only guess in two ways. In the end I just want to say all the things we need to learn first then the money will come, it's a logic game. I myself am more sensitive mentally, but say that emotional intelligence is higher than IQ but balance of mind is important when doing something in trading.

[macson]

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?

the problem with starting something is readiness from yourself, if you have a strong intention to start trading then what you need to prepare is mental, money and knowledge ^{(trading basics, reading charts and economics)}
i quite often meet people who want to start something but don't want to be complicated with learning ^{(it is impossible for you to go to sleep tonight and waking be a professional trader)}, without good knowledge, it is difficult to be able to master trading and also have good mentality and emotions in trading. 

[Aanuoluwatofunmi]

Sure, Trading can be good for all both beginners and experts .But  it can be very risky for beginners you must learn technical analysis to be able to trade the market and make consistents profits from it. Acquiring Knowledge is a much to become a good trader that can pulled some money from the market Try learning different trading strategies and choose the one that suit you best.

If you're a beginner, you can trade but have to start with the learning process of trading before going full into trading in proper, when trading as well, don't engage doing things you're not familiar or experience in, start with a gradual approach and little by little, don't put in much amount of money being a beginner since you're still learning, if you don't mind you can try out some faucets or trading demo account to begin with, lastly, being a newbie, trade bitcoin and avoid any currency that may waste your efforts and asset overnight to null.

[Rockstarguy]

Basically trading is good for newbies if they can gain experience. A new trader needs to know some things that he can trade profitably by knowing. To make profit there are certain trading tips to follow and advice from well experienced traders. If trading is done according to what they suggest then it will definitely be beneficial for the newbies and they can trade and make profit. Otherwise there are many new traders who do not understand the market but they want to start trading and during this time they face losses. So all those newbie traders out there should always follow good advice. But I think it is better if newbies can gain experience in all aspects of trading.

The truth is that someone new to trading, no matter who they are, will not know what to do first. Many are inspired by the success of others and then they try it themselves, in my opinion it is wrong because if they do it themselves without the right mentor or without looking for a lot of references and only learn from demo accounts alone it will make them experience a lot of losses and in that position they will be confused. Like you said, and I hope those beginners will be able to start with a purposeful goal, meaning gradually starting from the lowest thing. And also they must be able to choose the right mentor to guide their journey, it is not easy to find a mentor who really wants to provide knowledge that is in accordance with the facts, many of them only take advantage of the situation for profit only and also many of them beginners who become victims. In my opinion, the most important thing is that they (beginners) have skills in controlling themselves, are not easily provoked and always have a definite plan in doing so, these limits will be able to reduce the level of loss and avoid them from being called MC.

In normal physical business it is impossible for someone to who don't have knowledge to just wake up and decide to start without any knowledge and expecting to do well.  People just feel trading is so easy that once they have the capital for trading they can start even without knowledge and make good profit from it. Trading doesn't work this way,  trading is hard anf complicated expecially for the those who don't have better knowledge or no knowledge about it. The first step to go for in trading is learning how to trade.  Trading is not easy and without knowledge one can lose All that is in trading,  we need to learn to make profit from trades. Making money shouldn't be the first priority in trading but learning should be the first priority in trading.

[CryptoHeadlineNews]

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?

Technically, we all know that an individual with no knowledge about trading can never do well when it comes to trading, but we also know that if that same individual is being assisted by a professional trader (i.e Copy Trading) he/she is likely to make massive progress due to the involvement of the third party who happens to be the knowledgeable trader. Hence, the best advice that could ever be given to a Newbie trader is for him/her to first learn it's basis, master how the market works, and then trade with a little capital he can always afford to lose while learning.

[synchronym]

If no one has an idea about trading, then it is not possible to achieve success through trading. To achieve success, you must acquire enough knowledge about trading. Because if you don't know about what you want to trade then how can you succeed. When I don't understand anything about trade how can I expect success from there so how can I expect success. In order to achieve success, one must acquire enough knowledge about trading. In trading, you must patiently check the market and have a long-term trading plan. If you have a plan, you can definitely get success through trading. Many times it is seen that we lose patience in trading. Patience is very important in trading. We need to be patient in trading. Many times we do not get success.We should not lose patience.

[shawonngp]

No, trading is most dangerous for the beginners and without knowledge I don't recommend it. You met a guy who had no knowledge about trading and he started trading his all of saving it's very risky and undoubtedly he will lose all of money at any time. no way to sustain in trading without technical knowledge.

[GeorgeJohn]

Sure, Trading can be good for all both beginners and experts .But  it can be very risky for beginners you must learn technical analysis to be able to trade the market and make consistents profits from it. Acquiring Knowledge is a much to become a good trader that can pulled some money from the market Try learning different trading strategies and choose the one that suit you best.

What trading needs is curiosity, when you concentrate properly in trading its obvious that you will not be experiencing more losses as someone who is not curious in Trading may experience loss, what is involved in trading is understanding and seriousness, we can experience loss base on we do not research of trading before we venture into trading, when you have not know the knowledge of trading, its clear that you may lose.

In my opinion someone who has zero experience of trading on any speculative market but claims to make money easily through trading is trying to fool the person in front. Those who have been trading for years know how the market works but not newbies.

What I really wants to tell you is that, you should be able to understand the basics things of trading before someone venture into it, if you have zero understanding of trading its obvious that you will not make a profit as I stipulated above..trading needs proper focus and engagement that will help to facilitate to overcome the problems, so if you don't have that experience you end up losing whatever you have.

No, trading is most dangerous for the beginners and without knowledge I don't recommend it. You met a guy who had no knowledge about trading and he started trading his all of saving it's very risky and undoubtedly he will lose all of money at any time. no way to sustain in trading without technical knowledge.

Trading is not really good for someone who  doesn't knows nothing about trading, when the person enters trading it will continue to lose more money, so it's good to understand trading before joining

[MFahad]

No, trading is most dangerous for the beginners and without knowledge I don't recommend it. You met a guy who had no knowledge about trading and he started trading his all of saving it's very risky and undoubtedly he will lose all of money at any time. no way to sustain in trading without technical knowledge.

It's not about technical knowledge, one might be able to sustain a trading career without much technical knowledge but when they are getting into trading, they need to at least have the basic knowledge about the market and the cryptocurrencies they are willing to trade and most importantly, they should know trading practices including techniques such as risk management and anything else that can be required when they are trading.
That being said, you are right that it can be dangerous for someone to venture into trading if they don't have any knowledge about it. so it's essential for them to first gain knowledge and then get into trading.