Is trading good for beginners?

[Nrcewker]

I guess with all your ideas and contribution to my question will really help me go along way and also help a beginner that want to start up trade know what to do from all your ideas. Thanks once again!!.

Just try to go with the basics. Try to gain theoretical knowledge at first. The more theoretical knowledge you gain, the better you understand the market and the better you do the trading. For beginners trading can be good, but you need to give time to the market. Don’t trade in greed, and choose a budget before actually trading. At last as always said, trade with the amount that you can afford to lose.

[Fatunad]

I guess with all your ideas and contribution to my question will really help me go along way and also help a beginner that want to start up trade know what to do from all your ideas. Thanks once again!!.

Just try to go with the basics. Try to gain theoretical knowledge at first. The more theoretical knowledge you gain, the better you understand the market and the better you do the trading. For beginners trading can be good, but you need to give time to the market. Don’t trade in greed, and choose a budget before actually trading. At last as always said, trade with the amount that you can afford to lose.

As it should be but most newbie traders would really be having that kind of greedy approach on which they are trying out to learn up those skills on that fast manner and wont really be tending to know or stick with those basics, until they would be finding out themselves that getting wrecked by it and this is something that must be avoided in the first place. Well, people would really be able to make out those realizations on the time that they would really be facing out those kind of challenges or with those conditions. Trading is something a skill that cant really be able to learnt up on a short period of time.

You would really be able to encounter a series or swings of market condition on which you dont know on where price would be going on which it doesnt really getting in line with your technical analysis
and fundamental analysis on which it would really be putting up you on a condition that you dont know on what you are doing. 
This is why it would really be that important that you should really know on how to adapt on things accordingly or being that versatile. Learn from those mistakes
and be wary on next time that you do deal up with this market.

[Rockstarguy]

I guess with all your ideas and contribution to my question will really help me go along way and also help a beginner that want to start up trade know what to do from all your ideas. Thanks once again!!.

Just try to go with the basics. Try to gain theoretical knowledge at first. The more theoretical knowledge you gain, the better you understand the market and the better you do the trading. For beginners trading can be good, but you need to give time to the market. Don’t trade in greed, and choose a budget before actually trading. At last as always said, trade with the amount that you can afford to lose.

In trading you can do without knowledge,  so it will be a waste of time and resources for beginners to go into trading without knowledge . What makes trading to be bad without learning to have knowledge,  it is wrong step to start up trading. The first step every beginner must think about in trading is to learn and not rush to go into trading without knowledge.  Going in trading with a blank knowledge is a big mistake for any beginners to think about.

Trading is very risky and it is not ideal for beginners to rush into it without understanding. Trading is not that easy for anyone to cope in it with just ordinary understanding and not knowing the main things of what trading is all about

[AnonBitCoiner]

Just try to go with the basics. Try to gain theoretical knowledge at first. The more theoretical knowledge you gain, the better you understand the market and the better you do the trading. For beginners trading can be good, but you need to give time to the market. Don’t trade in greed, and choose a budget before actually trading. At last as always said, trade with the amount that you can afford to lose.

Remember that everyone is beginner at start so trading is absolutely good for beginners but there are some points that should be remember  by the beginners. They should use little amount because start of trading is just to getting an understanding about trading and during learning there is a greater chance that you will have high risk of loss.

Don't think that this loss is the limit of your trading but consider every loss as a lesson for you that even an expert cannot teach you. If you consider that your loses are higher than your win then try first to focus on learning rather than trying again and again to achieve your goals.

[kingvirtus09]

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 question is, is he ready to learn trading? because it is not easy to get to understand in just one day, it is not true, and there is no shortcut. In short, it requires dedication as some of our colleagues on this platform say.

As long as it's important, let's not rush the things we want to learn, and if anyone wants to do a trade right away, they should just start with small capital so it doesn't hurt our feelings. And start studying the basic common indicators that can help us perform technical analysis.

[Fredomago]

Just try to go with the basics. Try to gain theoretical knowledge at first. The more theoretical knowledge you gain, the better you understand the market and the better you do the trading. For beginners trading can be good, but you need to give time to the market. Don’t trade in greed, and choose a budget before actually trading. At last as always said, trade with the amount that you can afford to lose.

Remember that everyone is beginner at start so trading is absolutely good for beginners but there are some points that should be remember  by the beginners. They should use little amount because start of trading is just to getting an understanding about trading and during learning there is a greater chance that you will have high risk of loss.

Don't think that this loss is the limit of your trading but consider every loss as a lesson for you that even an expert cannot teach you. If you consider that your loses are higher than your win then try first to focus on learning rather than trying again and again to achieve your goals.

Having that kind of mentality will allow you to develop good understanding, once you start grasping ideas that will let you to create patterns which you will base from your experienced, everyone begins from the scratch and no one can say that when they step their foot into this business they are experts right away, maybe some might experienced decent outcome right away but they can't say that they did not suffer from any failed trades, they will also experienced that but the good thing is they adopt and they adjust,

it's you who will create your own path and even from the scrath or a beginner you'll start climbing and make your way on top and become a good and experienced trader, maybe you can rely your finances once you reach the very top where trading will become your main bread and butter.

[Sorryfor]

A person who does not know about trading and has no knowledge about it is unlikely to profit from it. Trading is not really gambling you can indulge in it depending on your luck only. Trading is very complex and if you want to do it you must know a lot about it and along with that you need to be in touch with experienced people And if you want to trade then I would say you shouldn't do it in the beginning. You can invest if you want to supplement it. Then simultaneously try to learn about trading gradually. It is not the case that you will get huge profits just by trading, so be interested to know it well first. Don't start trading just on the impulse of others.

[Cookdata]

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.

You don't need to have all the money you want to start trading, you don't know how it is going to be or have the experience, why not try it with little amount that you have and they review your results to see if it worth saving more money to increase your capital or maybe you should quit, you never can tell your place as a trader until you try it out and see your results.

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 it even possible to know how to cook and the food will be sweet when you don't know how to cook? Think it's that way and you will understand that what you as is not logical. You can't understand trading even in bull run if you don't have the knowledge. What I will advice him is that he should learn the basic things, look at the videos and try it out, he will be unsatisfied that trading is not as easy as he or she might think until you get the main knowledge and apply it into the main market, that's the only way to find out.

[stomachgrowls]

A person who does not know about trading and has no knowledge about it is unlikely to profit from it. Trading is not really gambling you can indulge in it depending on your luck only. Trading is very complex and if you want to do it you must know a lot about it and along with that you need to be in touch with experienced people And if you want to trade then I would say you shouldn't do it in the beginning. You can invest if you want to supplement it. Then simultaneously try to learn about trading gradually. It is not the case that you will get huge profits just by trading, so be interested to know it well first. Don't start trading just on the impulse of others.

Not all people do start on knowing everything on which i do simply means that we are all not all knowing on which there are things in life on which we dont know but having those plans on trying out to learn on it.
Those professional traders are once newbies too on which it would really be that understandable that they had been also a newbie before on which means that in every noob that tends to learn up trading
would really be having the chance on becoming professionals on which it would really be just that depending on how they would really be hovering themselves on doing good trades.

It is really just that they should bare up in mind that this isnt a skill that you could really be able to learn up on a short period of time and with those minimal efforts. Of course you would really be still
needing up to work hard and realize on what are the things that you could be able to learn up along the way on which it would really be that a normal approach but tons
of people do really fail on doing this basic principle when it comes on tending to learn up new things.

[Assface16678]

Remember that everyone is beginner at start so trading is absolutely good for beginners but there are some points that should be remember  by the beginners. They should use little amount because start of trading is just to getting an understanding about trading and during learning there is a greater chance that you will have high risk of loss.

Don't think that this loss is the limit of your trading but consider every loss as a lesson for you that even an expert cannot teach you. If you consider that your loses are higher than your win then try first to focus on learning rather than trying again and again to achieve your goals.

Of course, everyone who has just started trading must try it with a little capital so that they can return to trading if they fail on their first try and must also learn about the mistakes they made in order to avoid making the same mistakes, because trading will be very risky if do it without having a good understanding and experience in trading, even those who have good experience in trading still have to be careful in trading to avoid the possible risk of loss in the trading they do.

I agree but the thing is the first thing that a person who wants to trade is to learn the basics first, give some time and effort to learn before execution and also practice in demo, its bad for a beginner in trading to immediately start trading using a live account and their funds because it may affect their well being in a sense that if they lose their first trade which is normal and understandable, they will lose their confidence and will always has the feeling of fear that may affect their decision making and their analysis, they might become too wary in every trade they will do next, so its better to gather more knowledge so eveb if they lose the trade at first they will know why, experience is a great teacher so yeah combine it with knowledge then it will be the tool for a trader to start and to earn, trading is a continuous learning so a trader should also possess the characteristics of having a very long patience.

[lalabotax]

Actually, all traders also feel like newbies, right? but the difference is, how much you understand, how strong and ready you are as a newbie. So that it can proceed gradually and with good progress in trading. and how good the basic understanding is. This is what needs to be prepared. But what is certain is, prepare yourself as well and as prepared as possible before deciding to enter the world of trading. At the very least, you have to understand crypto, markets, types of trading, and some market analysis. Because without analysis, our trading will be like just guessing. Never mind without analysis, indicator analysis alone does not always guarantee success in trading, especially if we don't have mature preparation for that ability. It would be very risky.

[boyptc]

A person who does not know about trading and has no knowledge about it is unlikely to profit from it. Trading is not really gambling you can indulge in it depending on your luck only. Trading is very complex and if you want to do it you must know a lot about it and along with that you need to be in touch with experienced people And if you want to trade then I would say you shouldn't do it in the beginning. You can invest if you want to supplement it. Then simultaneously try to learn about trading gradually. It is not the case that you will get huge profits just by trading, so be interested to know it well first. Don't start trading just on the impulse of others.

Honestly, trading is not complex when you know what you are doing. But if you are like a soldier that doesn't have arms and going to a war then that makes it complex and odd.

It doesn't have to be expensive to learn to trade and that is the reason why many newbies get it wrong when they trade because they thought that it is an easy thing to do.

So, they go to the route of learning it expensively by having several experiences of mistakes before they learn. Trading can be done by newbies and not but you have to take note every mistake you might have done.

[MFahad]

A person who does not know about trading and has no knowledge about it is unlikely to profit from it. Trading is not really gambling you can indulge in it depending on your luck only. Trading is very complex and if you want to do it you must know a lot about it and along with that you need to be in touch with experienced people And if you want to trade then I would say you shouldn't do it in the beginning. You can invest if you want to supplement it. Then simultaneously try to learn about trading gradually. It is not the case that you will get huge profits just by trading, so be interested to know it well first. Don't start trading just on the impulse of others.

1+ for that.
A lot of people make the mistake of rushing it because they want to start making money as quickly as possible but in this rush, they ignore the fact that the most important thing about it is the learning part because how would you be able to do something effectively if you don't know enough about it? With minimal knowledge, you can barely be able to make successful trades unless you occasionally become lucky and get some trades in your favor.
I also agree that one shouldn't rush it when learning the process, give it enough time so that all the concepts get cleared in your mind so that when you face some situation in the future where you need to solve a specific problem, you will need to know about it to act quickly and effectively to solve the problem.

[retreat]

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

It's okay for a beginner to trade, because all professional traders started as beginners. However, what needs to be paid attention to in order to become a trader is that they need to study the market for the instrument they choose, what its characteristics are and carry out back tests, to be able to see how the method they learn can actually work on the market. If they are confident that they can manage positions, carry out TP/SL, and good management on their demo account, they can test on a real account with low money.And if they are successful on a real account with that low amount of money, they can increase their capital slowly and see how their trading progresses. The most important thing is how they can learn and continue to see the development of their trading, not just enter the market and trade as they please.

[benalexis12]

If the newbie trader is really a beginner, there is no problem as long as he learns the basic rules of trading first. Just don't immediately jump into large-scale investments in trading. Just start with small capital and, at the same time, learn while doing actual trading on an exchange.

It is said that practice makes perfect; that's the only way to do it, and don't immediately give up on learning crypto trading; just don't quit, and continuous learning is the only thing to do.

[adpinbr]

Everything is all about process it’s just depending on the time and the dedication you put into it Trading is not something that you learn one day. It starts from a step of course 1000 miles start from a step so whatever you’re doing that must be a starting point the starting point determine the future of what you’re doing, it is good to start even when you don’t know much at least the person has asked the question the person is ready to trade, the only thing I see here is it not bad for Trading to comments it’s just the person to keep on with the force of getting right information and how to go about it. Of course there must be some losses that is for sure but the person should still move ahead because their is always room for improvement.

[shawonngp]

If the newbie trader is really a beginner, there is no problem as long as he learns the basic rules of trading first. Just don't immediately jump into large-scale investments in trading. Just start with small capital and, at the same time, learn while doing actual trading on an exchange.

It is said that practice makes perfect; that's the only way to do it, and don't immediately give up on learning crypto trading; just don't quit, and continuous learning is the only thing to do.

Good advice, this is exactly how i learned trading, like i was investing in trading small amount and at the same time i am learning as well. Newbie traders should not invest large capital at the first time of trading to avoid any big loss. Then day by day trading knowledge will be increase if possible to keep practicing with patience.

[Dailyscript]

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

It's okay for a beginner to trade, because all professional traders started as beginners. However, what needs to be paid attention to in order to become a trader is that they need to study the market for the instrument they choose, what its characteristics are and carry out back tests, to be able to see how the method they learn can actually work on the market. If they are confident that they can manage positions, carry out TP/SL, and good management on their demo account, they can test on a real account with low money.And if they are successful on a real account with that low amount of money, they can increase their capital slowly and see how their trading progresses. The most important thing is how they can learn and continue to see the development of their trading, not just enter the market and trade as they please.

I believe the OP indirectly wants to know if it is risky for a beginner to trade. But there is not road to riches that there wont be any form of risk and sacrifice. There is always a start from a newbies and soon they will reach there. What should be more important is how will they be able to control their emotions during this growing stage. Of course there will be loss and wins which will cost them to either start over or fall down to some middle part.

[MFahad]

I believe the OP indirectly wants to know if it is risky for a beginner to trade. But there is not road to riches that there wont be any form of risk and sacrifice. There is always a start from a newbies and soon they will reach there. What should be more important is how will they be able to control their emotions during this growing stage. Of course there will be loss and wins which will cost them to either start over or fall down to some middle part.

First of all, though I understand your reference, trading is no road to riches and a lot of newbies often have this misconception thinking that they can earn a lot of money in no time from this industry which isn't true and people who manage to do that are either lucky or already have very high capital to begin with because the amount of profit you can make from this industry depends on how large your capital is.

Trading and newbies is an unending debate, however, the main discussion about it is that when a newbie gets into trading, their first step should be to acquire enough knowledge about the market so that they don't face problems when they involve finances.

[Hamphser]

I believe the OP indirectly wants to know if it is risky for a beginner to trade. But there is not road to riches that there wont be any form of risk and sacrifice. There is always a start from a newbies and soon they will reach there. What should be more important is how will they be able to control their emotions during this growing stage. Of course there will be loss and wins which will cost them to either start over or fall down to some middle part.

First of all, though I understand your reference, trading is no road to riches and a lot of newbies often have this misconception thinking that they can earn a lot of money in no time from this industry which isn't true and people who manage to do that are either lucky or already have very high capital to begin with because the amount of profit you can make from this industry depends on how large your capital is.

Trading and newbies is an unending debate, however, the main discussion about it is that when a newbie gets into trading, their first step should be to acquire enough knowledge about the market so that they don't face problems when they involve finances.

Once you do have that kind that misconception then you are really that making yourself that bound to failure. Well, this is something that commonly happen into those who are just new and been just hyped up to make or learn trades just because they've seen someone who do make out huge profits online. One of the most common scenario that we do have on here is that on the time that you've seen those big profits
then you would really be having in mind that you could eventually be able to do it. On the time that you have started your trading journey then you would really be having impressions as a noob that
you could be able to do it in one day until loses would really be experienced.

They wont really be able to learn not until they would really be able to experience for themselves the bitter ones here on crypto trading world. They cant really be able to learn
up things if they wont really be able to experience it out.