Is trading good for beginners?

[Sakanwa]

We all know that trading is about earning or lossing and the purpose of we trading is to grow our money that we invest in it, what if it happens that you went for training and you still lost everything what is your advice for such people.

[1715552229]

1715552229

[1715552229]

1715552229

[1715552229]

1715552229

[1715552229]

1715552229

[armanda90]

No matter how much you read books or browse online resources the real experience of trading only comes when you start trading yourself. If you are losing money in your early days of trading then this its nothing to worry about. As almost all experienced traders have witnessed that in there early days. Make sure you don't invest too much if you don't have necessary experience of trading, that's a very common mistake made by new ones.    

I don't read many books how to start trading in cryptocurrency and experience give more lesson how to be success for earning profit, not wrong with the beginner start from reading book or any other source how to build and got guide for start trading, but the implementation in the real is not always depend on theory we are reading.

Common mistake will give the best experience how to be better for up coming time when trading in cryptocurrency, don't make the same mistake actually when holding or selling assets in the right time. Experienced in cryptocurrency trading help us how to be better when next entry or reinvesting on several altcoin.

[Fesatmas]

We all know that trading is about earning or lossing and the purpose of we trading is to grow our money that we invest in it, what if it happens that you went for training and you still lost everything what is your advice for such people.

Something is wrong with the way we trade, my advice is that you should stop trading first and find out what the real problem is so that we are still losing money. If you take part in the training, ask directly to your mentor or the person who provided the training. When we have lost a lot of money, then chasing it is not a solution instead it will make the amount we lose more and more, so as I said before, stop first and find the root of the problem.

[AngellSky]

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

As far as I managed to study the information, the team has been working since 2014.  and about the results you can find a decent lot on the Internet.

[Lanatsa]

We all know that trading is about earning or lossing and the purpose of we trading is to grow our money that we invest in it, what if it happens that you went for training and you still lost everything what is your advice for such people.

Something is wrong with the way we trade, my advice is that you should stop trading first and find out what the real problem is so that we are still losing money. If you take part in the training, ask directly to your mentor or the person who provided the training. When we have lost a lot of money, then chasing it is not a solution instead it will make the amount we lose more and more, so as I said before, stop first and find the root of the problem.

All of us do really start on being a newbie on which we do know that errors and mistakes could really happen along the way and its inevitable.Good or bad, we are really that falling on the same situation.

It is really just on how someone would be handling himself towards trading because not all could really be able to bare up with the risks involve.It is really just that one thing in common with
newbies is that they do really think that trading is the fastest way on getting rich.

Once you do have this kind of belief or mindset then you are really that on the wrong direction because this isnt how this works.

[GeorgeJohn]

No, it will be difficult for such person to achieve a good profits from his trading because he don't have knowledge about crypto trading which many people has lost their money for the lacked of trading in the community. The most important thing is for he to save more money and settle down to learn more about crypto trading before he can start with small amount of money to test his self before he can increase his capital in the crypto trading. The type of coin to buy in the market, is very important for newbies to know before investing, because know the type of coin to buy will determine the profit you are going to achieve when the price of that particular coin increase higher in the market.

Is that people lost their money because of lack of experience in trading or lack of trading, your response is contradictory, the major thing that leads people into Lost during trading is inability to understand the scopes of trading before they venture into it, second thing that also lead traders or investors into lost is greediness.

[Franctoshi]

From my experience I will not advice any beginner to start trading because trading is risky and it's meant for an experienced one, so if you start with trading, I assure you will lose your money in the end. Therefore, first of all start your journey with the investment side, basically start with investing into Bitcoin and other valuable or utility coins like ETH , BNB, Then while waiting for your investment to get matured, this period should be the time you should start learning about trading, get the skill if you want to trade and when starting trading ensure you trade with the money you can afford to lose.

[kawetsriyanto]

We all know that trading is about earning or lossing and the purpose of we trading is to grow our money that we invest in it, what if it happens that you went for training and you still lost everything what is your advice for such people.

Dude, you are talking about trading or investment?  
Sure, both trading and investment are about earning profits and losing capital, that's why never trade or invest carelessly. Beginners must ensure to have sufficient knowledge first before thinking to start trading or investing. Trading and investing in crypto are very risky, beginners who have lack knowledge potentially ends up with losses.

Training doesn't guarantee earning profits (success), but it surely makes you more understand about trading. If beginners don't want to lose big money, only use small money in the early journey of trading. The focus should be on learning, not on earning big money.

[Hypnosis00]

We all know that trading is about earning or lossing and the purpose of we trading is to grow our money that we invest in it, what if it happens that you went for training and you still lost everything what is your advice for such people.

Well, you are not learning anyway. It is a waste of time spending your time training but in the end, you've got nothing or you've never gotten what they have taught you and this is possible when you let your emotions control you.

In this case, I suggest you open your mind and accept that trading is not for you. In fact, it was not for everyone because trading is special which is need knowledge, skill, and application. If this is hard for you to understand and you just keep on losing, therefore, there is no reason why you continue but rather stopped.

[albon]

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 trader must have knowledge and experience about trading and how its system works, he must have knowledge of technical and fundamental analysis, and he must have a strategy for trading that includes risk management tools in addition to an outline of the trader’s goals and a methodology for entering and closing trades. It is not that simple for a beginner trader to do without Knowledge, he must give himself days or a month to learn and gain knowledge and experience before he starts trading. There are many who enter trading without knowledge, concepts, or basics and end up losing their capital after they hoped to achieve huge profits. Trading is good for the most experienced and knowledgeable trader, but for a beginner whose knowledge is zero, it is a drowning sea.

[Crypto Library]

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?

If beginner means he has no knowledge about trading, he does not know how to do chart analysis, he only knows that trading can earn profit then trading will never be profitable for this beginner traders. Yes it's also true that some times it can bring profit and it will not be long sustainable at the end of the day he will face loss with his entire fund.
I wanna also say that this kind of trading is gambling not the part of trading. So even if you wanna become a beginner trader, you must first acquire minimum knowledge of how to read candles otherwise it will never be good for you. And I think it is better to start trading without taking a big fund go with small fund for the beginning with also the knowledge.

[jokers10]

...
You can always suggest them to try training mode with demo balance before they start trading with real money.

Of course we should do so, but if we think that it is enough and knowing that majority of newbies will hardly follow the advice will stop on that will it be good advice? As I said we should also inform that even experienced traders lose and that nearly 100% every newbie will lose very fast so after they try training mode they still shouldn't play with big money. For very long time they should play not more than with amount they are ready to spend on entertainment as highly likely they'll lose it all! It's not about to recommend training mode or not, it's about to recommend it and recommend not to risk their savings after that anyway.

[John Abraham]

...
You can always suggest them to try training mode with demo balance before they start trading with real money.

Of course we should do so, but if we think that it is enough and knowing that majority of newbies will hardly follow the advice will stop on that will it be good advice?

It's not bad advice, either. Sometimes we have to be more thick-skinned like LoyceV. It's like we did what we had to do. After that, if they do not follow the instruction and lose their money. You have no fault. But, when you they will see that there was a training mode and you didn't suggest them because you thought they wouldn't follow you. They will make your suggestion questionable.

As I said we should also inform that even experienced traders lose and that nearly 100% every newbie will lose very fast so after they try training mode they still shouldn't play with big money. For very long time they should play not more than with amount they are ready to spend on entertainment as highly likely they'll lose it all! It's not about to recommend training mode or not, it's about to recommend it and recommend not to risk their savings after that anyway.

You got a good point here, and I agree with you. They can try with the money they are ready to spend on entertainment. Buddy, we are talking about newbies. I already shared what I had to say.

[Fredomago]

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?

If beginner means he has no knowledge about trading, he does not know how to do chart analysis, he only knows that trading can earn profit then trading will never be profitable for this beginner traders. Yes it's also true that some times it can bring profit and it will not be long sustainable at the end of the day he will face loss with his entire fund.
I wanna also say that this kind of trading is gambling not the part of trading. So even if you wanna become a beginner trader, you must first acquire minimum knowledge of how to read candles otherwise it will never be good for you. And I think it is better to start trading without taking a big fund go with small fund for the beginning with also the knowledge.

A beginner luck might happened but along the way, without real knowledge with the business he will be out of luck and start losing his investment, beginners should start the right way by doing research and investing time to understand how the market works and what are the things that he needed to know before making his first attempt to trade.

It's important that you have the glimpse on how things may proceed and you know how to work your way to succeed.

[Natalim]

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?

If beginner means he has no knowledge about trading, he does not know how to do chart analysis, he only knows that trading can earn profit then trading will never be profitable for this beginner traders. Yes it's also true that some times it can bring profit and it will not be long sustainable at the end of the day he will face loss with his entire fund.
I wanna also say that this kind of trading is gambling not the part of trading. So even if you wanna become a beginner trader, you must first acquire minimum knowledge of how to read candles otherwise it will never be good for you. And I think it is better to start trading without taking a big fund go with small fund for the beginning with also the knowledge.

A beginner luck might happened but along the way, without real knowledge with the business he will be out of luck and start losing his investment, beginners should start the right way by doing research and investing time to understand how the market works and what are the things that he needed to know before making his first attempt to trade.

It's important that you have the glimpse on how things may proceed and you know how to work your way to succeed.

Well, in the first place, we don't have to rely on luck but rather rely on our capabilities. Having knowledge of something we have to do is simply the ticket to where we want to go (success).
As a newbie to trading, we can expect tragic losses and disappointments and that is because we don't have experience but have no knowledge at least knowing the basics is somewhat terrible. And we can expect the worse possible scenario. That is why I encourage newbies to never underestimate trading instead, make themselves prepared before trading.

[Fesatmas]

All of us do really start on being a newbie on which we do know that errors and mistakes could really happen along the way and its inevitable.Good or bad, we are really that falling on the same situation.

It is really just on how someone would be handling himself towards trading because not all could really be able to bare up with the risks involve.It is really just that one thing in common with
newbies is that they do really think that trading is the fastest way on getting rich.

Once you do have this kind of belief or mindset then you are really that on the wrong direction because this isnt how this works.

Those who have such thoughts then they don't know what trading is. And it's usually experienced by beginners, we can't blame them for their ignorance that makes them think like that. I'm sure if they already know what trading is, they won't have the wrong mindset. They only need to be directed to be given education about what they really do, and that is our duty as the first people to know about this trade. If we don't direct them, they will continue to be in the wrong mindset.

[coinerer]

All of us do really start on being a newbie on which we do know that errors and mistakes could really happen along the way and its inevitable.Good or bad, we are really that falling on the same situation.

It is really just on how someone would be handling himself towards trading because not all could really be able to bare up with the risks involve.It is really just that one thing in common with
newbies is that they do really think that trading is the fastest way on getting rich.

Once you do have this kind of belief or mindset then you are really that on the wrong direction because this isnt how this works.

Those who have such thoughts then they don't know what trading is. And it's usually experienced by beginners, we can't blame them for their ignorance that makes them think like that. I'm sure if they already know what trading is, they won't have the wrong mindset. They only need to be directed to be given education about what they really do, and that is our duty as the first people to know about this trade. If we don't direct them, they will continue to be in the wrong mindset.

If one wants to do trading it means he must know and understand at least something about trading. If one understands about trading and knows about its risks then of course he can trade it is his personal matter. But he must not panic while trading.  And for trading he must learn to analyze or join a channel from where he can get actual signals then he can profit from trading or else he can invest and hold for long time in potential coins like bitcoin or ethereum.

[RealMalatesta]

You don't have to be the best trader to start trading. Right?
You have to know how to trade and where to trade. I am not talking about bot trading here. I don't suggest bot trading as it won't help you to learn trades. I do not agree that you must lose your money to learn to trade, and it will teach you the best lesson. If you are a billionaire, that's a different case. But, On an online platform, You shouldn't suggest such things.

Surely demo balance and demo trades help newbies how to do it. Even some casinos offer demo tokens to test their games. Some of them offer faucets for their games. Did you see when a new medicine invent, researchers never test them on a human at the beginning? They try it on other animals first. You don't have to lose to learn something. I respect your opinion. But, I don't agree with you.

I think you do not have to be the best trader to start, nor you would need a bot to trade, or you MUST lose money, those are all very true. However, you also can't start (or shouldn't) when you have absolutely no idea, you should study and learn a bit before you do anything, a month or two with some courses and demo trading would definitely help you, you won't be the best but you won't be the worst neither.

And about losing money, when you trade, you will always end up losing eventually, when you are a newbie you lose more frequently than veterans, that is just a fact and we can pull data from newbie traders on exchanges versus veterans and can see that. It's better learn from them at least.

[milewilda]

All of us do really start on being a newbie on which we do know that errors and mistakes could really happen along the way and its inevitable.Good or bad, we are really that falling on the same situation.

It is really just on how someone would be handling himself towards trading because not all could really be able to bare up with the risks involve.It is really just that one thing in common with
newbies is that they do really think that trading is the fastest way on getting rich.

Once you do have this kind of belief or mindset then you are really that on the wrong direction because this isnt how this works.

Those who have such thoughts then they don't know what trading is. And it's usually experienced by beginners, we can't blame them for their ignorance that makes them think like that. I'm sure if they already know what trading is, they won't have the wrong mindset. They only need to be directed to be given education about what they really do, and that is our duty as the first people to know about this trade. If we don't direct them, they will continue to be in the wrong mindset.

If one wants to do trading it means he must know and understand at least something about trading. If one understands about trading and knows about its risks then of course he can trade it is his personal matter. But he must not panic while trading.  And for trading he must learn to analyze or join a channel from where he can get actual signals then he can profit from trading or else he can invest and hold for long time in potential coins like bitcoin or ethereum.

Know the basics and it should be standard because you cant just dive in into a particular thing without even knowing on what it is, if you are having that kind of behavior on which you are really that in a rush on dealing up with something then you would really be that prone into lots of errors and this is why you should really be that sensible in regarding on what into your actions.Trading is good but if it would really be done on the right way.Its not something a skill that could really be acquired in short time as possible on which we do know it does take lots of efforts and you would be experiencing lots of losses and just been said that it is
something that cant be avoided.

[Sakanwa]

Thanks for all the point that you all have shown me and I want to if a beginner after seeing the fall of the market system and Fear cut him away then never have to do it again because of fear of what has happened before, what will be your encouragement to such person the has the fear to trade but has the love for trade?