Is trading good for beginners?

[GeorgeJohn]

Someone who doesn't have the basic foundation of trading can't be able to make positive profit for the first months, we all know that trading is all about finances and before you began to make a reasonable amount of profit through trading you most undersgoes learning which enables you to understand the rudiments of trading. Once you have a brief knowledge of trading, you can be able to acquire more knowledge through consistent trading, and it's obvious that you lost can make you as a beginner to be smart of understanding the systematic of trading, because when you lose first and second time in trading you will try to identify the area your fault is coming from.

[PX-Z]

Anyone can trade yes, it's basic. Beginners can trade too, but don't expect a win, profit, and huge profit more often.
Most traders losses, even a pro traders do, how much more a mere beginners where they doesn't know the technicalities, how to read charts, always use emotion when trading. Especially we are talking about crypto trading ha? It may look like easy but it could hurt a lot.

[shinratensei_]

no I don't think so, trading quite honestly is a lot more difficult than just investing. it requires tremendous effort in just creating some profits out of your trading that I think even some veteran aren't really cut it to be traders. the thing is, by trading you should create some series of good decision in order to make your trading succesfull and you're quite literally gonna be against the whales that most of the time manipulates. If you think you are smart enough to go against then wave then you can try, but always know that trading honestly really difficult if you want consistency in creating the profit. luck also have huge factor in determining your success honestly.

[lienfaye]

My question is can someone that doesn't have any knowledge about trading and how the system work can he or she trade.

It's important that you have knowledge about trading because that's how you'll understand how to do it right and how you can possibly earn when you trade. Trading without knowledge like what your friend want is very risky and he will likely face losses. If he value his hard-earned money then he won't enter in trading without knowing what he's getting into.

Therefore if he really wants to be a trader, advice him to not rush things and take time to learn before anything else because knowledge is vital in trading.

[wxa7115]

Some meet me and we were have conversation on trade and he told me that he has putting all he has been saving in it 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.

After been told it just for them to choice on the candles sticks if it's up the they want to choice 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 sure person to begin trading?

Someone without knowledge about trading can do it if that is their choice but they should not expect to obtain any profits out of it, and instead they should assume they are going to experiment dramatic losses in a short amount of time.

Trading is an extremely difficult way to make money and only those are the very top when it comes to skill have any hope to make any, so tell that to your friend and if they still decide to trade even when they get know this information then there is nothing else you can do except to wait for your friend to lose everything.

[Oshosondy]

Anyone can trade yes, it's basic. Beginners can trade too, but don't expect a win, profit, and huge profit more often.
Most traders losses, even a pro traders do, how much more a mere beginners where they doesn't know the technicalities, how to read charts, always use emotion when trading. Especially we are talking about crypto trading ha? It may look like easy but it could hurt a lot.

The professional traders too lose, even some of professional traders may win more often but find themselves having bad luck because that is just trading. But anyone that follows the right step have the more tendency to have an overall win than loss. Fir beginners, they can trade too, but they should consider themselves s beginners and they should use just little amount of money that they can afford to lose because they are more likely to always lose as they continue to learn and having more experience in trading.

[Rufsilf]

Anyone can trade yes, it's basic. Beginners can trade too, but don't expect a win, profit, and huge profit more often.
Most traders losses, even a pro traders do, how much more a mere beginners where they doesn't know the technicalities, how to read charts, always use emotion when trading. Especially we are talking about crypto trading ha? It may look like easy but it could hurt a lot.

The professional traders too lose, even some of professional traders may win more often but find themselves having bad luck because that is just trading. But anyone that follows the right step have the more tendency to have an overall win than loss. Fir beginners, they can trade too, but they should consider themselves s beginners and they should use just little amount of money that they can afford to lose because they are more likely to always lose as they continue to learn and having more experience in trading.

In that case, I'd rather not to trade but just to prior learning first before making a step to actually trading. We have to prepare ourselves for this, in fact, pro traders had also suffered losses though we know that they already have a lot of trade experience how much more for a beginner who tried to have luck without knowledge about this? Not to wonder why newbies always complain about their losses because in the first place, they are too aggressive but totally no how about what they do. 

[bakasabo]

If a newbie should avoid trading, what should he do then? How can you learn without trying? Anyone managed to learn to ride a bicycle without riding it? I dont believe in that. Newbie should or must trade, but he should start with a little deposit. You dont need to have a doctors degree to be able to understand buy low sell high strategy. I think that beginners should trade with little deposits and with low profit expectations.

Well, there are a lot of ways to earn money here in cryptos not just in trading. If one avoids or doesn't like it then they can always do investing. There is also staking, lending and maybe gambling? Though this one is a little bit riskier than trading but if you have a good skills, experience, and knowledge especially in sports betting then it could work similar to trading.

If one has a passion or interest in trading then they need to try and keep on trying. If they successfully overcome the hardhips of it then I am sure that they will be a good trader in the future. It make sense to start with small as a beginner because they have no or limited knowledge available.

I know there are a lot of ways how to earn crypto besides trading, but OP asked exactly about trading. I dont believe something can be achieved without trying for real. Reading tons of literature wont also be very useful. Theoretical knowledge does not have much value if you dont use that knowledge on practice. Demo accounts are useless, as trader does not risk at all. People here have adviced OP to read trading books, try demo, dont trade. That all wont help him to become a trader if he dont start to trade.

[Sanitough]

Some meet me and we were have conversation on trade and he told me that he has putting all he has been saving in it 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.

After been told it just for them to choice on the candles sticks if it's up the they want to choice 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 sure person to begin trading?

You can’t stop those beginners if they want to trade, as they still believe that trading will give them quick profits. But if you aim to maximize profits when trading, do not trade unless you are ready, unless you have gained the basic knowledge and skills required in trading. That way, you won’t have to endure huge losses like what those newbies have experienced. And make sure once you trade, never anticipate for huge profits at first, as losses will always be inevitable for first timers.

[fuguebtc]

My question is can someone that doesn't have any knowledge about trading and how the system work can he or she trade.

Trading is considered the hardest job, so if you don't have the knowledge it's best not to try. Whether it's trading or investing or whatever, without the knowledge I can say that you won't do anything. Knowledge is the only way to success in any field. And in trading without knowledge is like gambling, not trading. The newbie can still start trading, but you need to start with knowledge along with practice and not just rely on your emotions to trade.

[Jody.Drummer]

How can someone with no knowledge get to trade? It's like burning their money. After all, knowledge is the main thing in any case. Moreover, this requires them to spend capital which is later expected to be able to give them a profit. Even someone who already has knowledge in trading sometimes finds it difficult to determine when he should enter and it is not uncommon for them to experience losses. And what you are talking about is a person who has no knowledge of trading, I suggest that you first tell him to learn first.

[jeraldskie11]

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?

Considering my experience, I would advise against trading if you are unfamiliar with it. I enrolled in mentorships and picked up a lot of knowledge to succeed in trading. Even though you have all the information you need, it can be challenging to follow because emotions are involved when trading with a real account. I've heard that 90% of traders lose money. Therefore it's really not possible for us to be among the 10% of successful traders without expertise.

[whyrqa]

Considering my experience, I would advise against trading if you are unfamiliar with it. I enrolled in mentorships and picked up a lot of knowledge to succeed in trading. Even though you have all the information you need, it can be challenging to follow because emotions are involved when trading with a real account. I've heard that 90% of traders lose money. Therefore it's really not possible for us to be among the 10% of successful traders without expertise.

I was advised to use the Ets platform, which offers very high quality brts for trading with ready-made algorithms.  Maybe in this case, the beginner can be lucky?

[HELLOFF]

Considering my experience, I would advise against trading if you are unfamiliar with it. I enrolled in mentorships and picked up a lot of knowledge to succeed in trading. Even though you have all the information you need, it can be challenging to follow because emotions are involved when trading with a real account. I've heard that 90% of traders lose money. Therefore it's really not possible for us to be among the 10% of successful traders without expertise.

I was advised to use the Ets platform, which offers very high quality brts for trading with ready-made algorithms.  Maybe in this case, the beginner can be lucky?

Are they special or different from other bots in some way? How long has ETS been on the market?

[Cling18]

Doing trading without complete knowledge is such a big risk for beginners. It's like you are applying for a job without any idea about the job description. For sure, your friend has the wrong mindset towards trading and only sees it as a way of earning without considering the risks. Even trading professionals are continuously learning because trading is a broad thing. There are already lots of ways to learn about trading nowadays so a person who wants to make a profit through trading should try to learn first.

[death69]

Doing trading without complete knowledge is such a big risk for beginners. It's like you are applying for a job without any idea about the job description. For sure, your friend has the wrong mindset towards trading and only sees it as a way of earning without considering the risks. Even trading professionals are continuously learning because trading is a broad thing. There are already lots of ways to learn about trading nowadays so a person who wants to make a profit through trading should try to learn first.

Yo, as a professional trader, I totaly feel ya on that comment, bro. Tradin ain't just about makin bank, it's about havin a deep understandin of the market and continuously learnin. You cant just jump in ther blind, you gotta have a solid plan, know the tradin stragies, and the risks involved. It's like startin biz, you need to know the market and your competition to succeed.

But let me tell ya, tradin can be hella fun and creativ if you do it rite. It takes a combo of technical skills, knowledge, and creativty to be a dope trader. You gotta be open-mindd, flexible, and willing to take risks, kind of like playin chess. You gotta think strategically and creatively. I remeber this one time I tried out a unique tradin strategy using a combo of technical and sentimental analysis. It was a bit unconventional, but it worked, and I made some seriouss dough.

So, to all the newbies out there, my advice is to learn as much as you can, but dont be afraid to be creative in your approach to tradin. It's not just about followin the rules, it's about being flexible and creative in the market. Get out ther and make some moves

[nara1892]

Doing trading without complete knowledge is such a big risk for beginners. It's like you are applying for a job without any idea about the job description. For sure, your friend has the wrong mindset towards trading and only sees it as a way of earning without considering the risks. Even trading professionals are continuously learning because trading is a broad thing. There are already lots of ways to learn about trading nowadays so a person who wants to make a profit through trading should try to learn first.

I like the way you described what the OP was talking about, it's a very good yet simple comparison that can be easily understood. I still can't figure out why there are so many beginners who are braver than someone with experience, even if they don't have the knowledge. I don't know what was in their minds so they could do something they didn't even know what they were doing. Trading is not that simple, not just making entries and then taking profits, but there is a lot to learn, starting from understanding what trading is and something more complicated than that.

[Quidat]

Doing trading without complete knowledge is such a big risk for beginners. It's like you are applying for a job without any idea about the job description. For sure, your friend has the wrong mindset towards trading and only sees it as a way of earning without considering the risks. Even trading professionals are continuously learning because trading is a broad thing. There are already lots of ways to learn about trading nowadays so a person who wants to make a profit through trading should try to learn first.

I like the way you described what the OP was talking about, it's a very good yet simple comparison that can be easily understood. I still can't figure out why there are so many beginners who are braver than someone with experience, even if they don't have the knowledge. I don't know what was in their minds so they could do something they didn't even know what they were doing. Trading is not that simple, not just making entries and then taking profits, but there is a lot to learn, starting from understanding what trading is and something more complicated than that.

Because simply they are really that letting that greed inside them tolerate it out which they do believe that they could make themselves that rich out of trading.Yes, its possible
but it wont really be that good if you would really be having this kind of mindset on which would really make you that desperate or really in rush.We do know that trading isnt
something that you could able to bare and handle it out on few tries or on shortest time as possible.Sooner or later you would really be able to realize up things
that not how these things do works.

[Finestream]

There's a reason why a huge majority of people lose tremendous amounts of money with trading — simply because it's not easy and it's definitely not for everyone.

Seriously, trading is overrated. Go get a job or start a business instead. Unless you want to grind for more than a year and shoulder the losses while you're still learning.

Precisely. Newbies should not start trading unless they become skilled and knowledgeable on it since trading itself is not easy and is very risky. Although they can trade as much as they want to, but they should prepare for the consequences and that is losing more than they can afford to lose. Simply because, trading needs a lot of experience so you will be profitable, and let’s just say anyone can do trading, but trading is certainly not for everyone.

[DoublerHunter]

There's a reason why a huge majority of people lose tremendous amounts of money with trading — simply because it's not easy and it's definitely not for everyone.

Seriously, trading is overrated. Go get a job or start a business instead. Unless you want to grind for more than a year and shoulder the losses while you're still learning.

Precisely. Newbies should not start trading unless they become skilled and knowledgeable on it since trading itself is not easy and is very risky. Although they can trade as much as they want to, but they should prepare for the consequences and that is losing more than they can afford to lose. Simply because, trading needs a lot of experience so you will be profitable, and let’s just say anyone can do trading, but trading is certainly not for everyone.

^Accept the possible circumstances.
It is also important for beginners to be aware of the potential risks and pitfalls of trading, such as losing money, emotional biases, and scams. It is recommended to start with a small amount of money that you can afford to lose and gradually increase your investment as you gain experience and confidence. Always put in mind that crypto trading carries a significant amount of risk. The cryptocurrency market is known for its volatility and unpredictability, and prices can fluctuate rapidly and dramatically, this means that losses can occur just as quickly as gains.