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Author Topic: How long to learn trading?  (Read 1985 times)
Nrcewker
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November 01, 2023, 04:51:52 PM
 #181

It's been a good 2 years for me and I am still considering myself a beginner:) I think it's more about the daily amount of time spent to learn and practice trading.

When you practice an activity and that too daily, then of course you will get better in it as the time passes. So definitely if you try to trade daily, then you will learn many things from the market. Now I have often seen people complaining that they don’t have money for trading and hence not able to trade. But to be honest there are many sites present who gives free demo account to learn how to trade. Use those opportunities wisely and sharpen your trading skills. You will get better once you trade more.

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November 01, 2023, 05:18:00 PM
 #182

There is no given specific duration of time that is mapped out to learn to trade, it all depends on your ability to grasp fast, the amount of interest, and the quality of time put in and your dedication that will actually determine how long or fast you would learn to trade.
 Trading isn't an easy thing to and most newbies tend to quit a long the road and never finish up the because of the stress that they may face studying and understand the chart and the market.

R


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November 01, 2023, 05:36:11 PM
 #183

It's been a good 2 years for me and I am still considering myself a beginner:) I think it's more about the daily amount of time spent to learn and practice trading.

It does not mean that if people learn completely about trading then he will never loss money because without learning you also have to get experience. One thing is learning and one thing is to utilize that learned lesson in a field to get experience so you will apply all the planning and strategies in trading then through consecutive losing and winning you will make you better trader. If you learn about trading then also learn that by losing money you will not stop here because this losing is your courage that next time you will make better decision. But still if you are losing for four or five times then stopping at this point will be wise so first learn and then again initiate trading.

A person should not consider himself as a master of trading by just a single win because there happens annotative things which you will never know before. Although trading is risky but numerous people are getting profit from it but they did not get continues advantages but they learned from their defeats and remain attached with learning also they did not loss hopes of success.

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November 01, 2023, 06:02:42 PM
 #184

You can't really learn trading. Give me one trader who's really good at this meaning that he doesn't scam, doesn't sell online courses, doesn't have closed groups of followers and doesn't make bold statements that never come true.

I saw a large number of people who call themselves traders and analysts in the crypto space like Tone Vays, Willy Woo and many others who were completely wrong about the price of bitcoin.
Then we have the renowned investor O'Leary who oewned FTX shares and promoted them. Mike Novogratz had a Luna tattoo...

You can learn the basic of trading in a month but you'll still make mistakes.
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November 01, 2023, 06:30:17 PM
 #185

There is no given specific duration of time that is mapped out to learn to trade, it all depends on your ability to grasp fast, the amount of interest, and the quality of time put in and your dedication that will actually determine how long or fast you would learn to trade.
 Trading isn't an easy thing to and most newbies tend to quit a long the road and never finish up the because of the stress that they may face studying and understand the chart and the market.
There is no time limit in trading, you have to keep doing it until you really understand everything, but would that be called professional? Maybe yes because some patterns have been mastered, which class when you have started trading and making a profit from what he did then it can be said that you have succeeded but not fully an expert.

About how long it really depends on your understanding and the time dedicated as you mentioned it, while you still don't understand in a trade then keep learning because it is a time full of valuable knowledge that will have for a trade that you will do.

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November 03, 2023, 03:24:05 PM
 #186

-snip-
My point was that your experience doesn't guarantee that you will become an expert trader though experience is the most crucial thing a trader needs to have. Without experience your knowledge about trading and the market won't help you much.
Experience and knowledge are two factors that need each other. Knowledge is theory and experience is practice. One of them is missing, then success will be flawed/imperfect.

I agree with your second statement too it is important to focus on one goal. Some traders keep changing their markets if they get any negative results, though their approach should be to analyze the mistake and learn from it.
Traders who do not focus on one type they want to master, it will be difficult for them to survive in this job full of risks. Maybe in other work spaces this is also relevant. I don't want to do types of trading that I'm not good at, such as leverage trading, because spot trading is something I can do and is easy to do. If I force myself to trade on this type of leverage trading, the result is that I will experience losses.

R


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November 03, 2023, 09:49:22 PM
 #187

You can't really learn trading. Give me one trader who's really good at this meaning that he doesn't scam, doesn't sell online courses, doesn't have closed groups of followers and doesn't make bold statements that never come true.

I saw a large number of people who call themselves traders and analysts in the crypto space like Tone Vays, Willy Woo and many others who were completely wrong about the price of bitcoin.
Then we have the renowned investor O'Leary who oewned FTX shares and promoted them. Mike Novogratz had a Luna tattoo...

You can learn the basic of trading in a month but you'll still make mistakes.
I will argue that with you their are people that actually learn trading, even organize classes for does that are interested in learning and I know a of people have falling victim of scam, and people that do copy trading i don't really like it, if you want to learn from peoples trading its fine that way but doing exact trading pattern. And some one just have to be careful because scammers have used that trading to get money from people. Thats the problem its always difficult to predict the price of bitcoin, all predictions are based on assumptions, and that is why the predictions don't work sometimes.

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November 03, 2023, 09:59:20 PM
Last edit: November 03, 2023, 10:25:51 PM by Fatunad
 #188

You can't really learn trading. Give me one trader who's really good at this meaning that he doesn't scam, doesn't sell online courses, doesn't have closed groups of followers and doesn't make bold statements that never come true.

I saw a large number of people who call themselves traders and analysts in the crypto space like Tone Vays, Willy Woo and many others who were completely wrong about the price of bitcoin.
Then we have the renowned investor O'Leary who oewned FTX shares and promoted them. Mike Novogratz had a Luna tattoo...

You can learn the basic of trading in a month but you'll still make mistakes.
I will argue that with you their are people that actually learn trading, even organize classes for does that are interested in learning and I know a of people have falling victim of scam, and people that do copy trading i don't really like it, if you want to learn from peoples trading its fine that way but doing exact trading pattern. And some one just have to be careful because scammers have used that trading to get money from people. Thats the problem its always difficult to predict the price of bitcoin, all predictions are based on assumptions, and that is why the predictions don't work sometimes.
Duration would vary if you are a fast learner or a slow one.  Wink

There's so much things that you would really be needing to get mastered or enhanced on.

1. Emotional
2. Psychological
3. Risk management

This 3 would really be that crucial and something that you really be needing to enhance so that you would really be
able to survive this unpredictable space. Learning up wont really be that needing to have some mentor but if you are really that preferring on having one then it wont really be that bad either.
There are really just those people who cant really just that able to learn up from themselves and this is why they would really be that reliant into others. Its not bad though
as long you do make yourself that able to learn on your preferred manner.

The important thing on here is that you should really be able to learn on your preferred manner then it should really be just fine. The duration would
really be just mattering whether you do learn up on a short time or long time depending on the experienced gained and the honing of your skills
in towards the market.

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November 04, 2023, 12:47:05 AM
 #189

I spoke to a tutor who teaches trading, and he said for his lectures, he teaches for an extended period of nine months for anyone who wants to learn trading from him. Please I like to read the personal experience of some traders here, how long did it take you to learn to trade profitably, and what was the hardest thing to learn? did it take you weeks, months or years? Do you think that trading can be learnt well in a short time like three weeks for a quick trader? Can someone who is a proffesional trader just go straight to the point pointing out what is needed to make a successful trader to a newbie to learn quickly?

The hardest part is the other newbies who want to learn but whose minds are set on making money right from the start. That's why they do it when others study, but they don't have the heart to learn; they just have an idea, not really the knowledge of trading, and they want to immediately try the actual trade, although there is nothing wrong with it.

That's why the dominant thing is the desire to get an immediate income. So, the result is an immediate loss of the capital used in trading assets. Have you ever lost without gaining true knowledge of your trading gains? So, having knowledge of trading does not mean that you will learn it immediately. You can say that you are learning about trading when you are able to keep yourself earning from trading every day that you do trading activity.



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November 04, 2023, 06:52:48 AM
 #190

I spoke to a tutor who teaches trading, and he said for his lectures, he teaches for an extended period of nine months for anyone who wants to learn trading from him. Please I like to read the personal experience of some traders here, how long did it take you to learn to trade profitably, and what was the hardest thing to learn? did it take you weeks, months or years? Do you think that trading can be learnt well in a short time like three weeks for a quick trader? Can someone who is a proffesional trader just go straight to the point pointing out what is needed to make a successful trader to a newbie to learn quickly?

The hardest part is the other newbies who want to learn but whose minds are set on making money right from the start. That's why they do it when others study, but they don't have the heart to learn; they just have an idea, not really the knowledge of trading, and they want to immediately try the actual trade, although there is nothing wrong with it.

That's why the dominant thing is the desire to get an immediate income. So, the result is an immediate loss of the capital used in trading assets. Have you ever lost without gaining true knowledge of your trading gains? So, having knowledge of trading does not mean that you will learn it immediately. You can say that you are learning about trading when you are able to keep yourself earning from trading every day that you do trading activity.

However, the effect of social media is quite large in influencing the interest of new traders which is quite large. Advertisements made by exchange companies can also influence this interest. but it's true what you say, what is ingrained in beginner thinking is to get short profits in trading. in fact they are thinking quickly about making day trading their source of income.
actually it doesn't matter what the purpose is. but the most important thing is to fill yourself first with adequate skills and knowledge. the problem of experience will come by itself as we trade more and more. but skills and knowledge must of course be acquired first before making a decision to trade.



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November 04, 2023, 08:38:48 AM
 #191

However, the effect of social media is quite large in influencing the interest of new traders which is quite large. Advertisements made by exchange companies can also influence this interest. but it's true what you say, what is ingrained in beginner thinking is to get short profits in trading. in fact they are thinking quickly about making day trading their source of income.
actually it doesn't matter what the purpose is. but the most important thing is to fill yourself first with adequate skills and knowledge. the problem of experience will come by itself as we trade more and more. but skills and knowledge must of course be acquired first before making a decision to trade.
Those who start trading without understanding it well, of course they only want profits from the trades they make, how can they make a profit if they don't understand the strategies used in making trades well, so it would be better if they learned it. before trading well, if they understand it well then they can try it with a little capital so they can learn it well and if they understand it well then they can try to make a profit from the trading they do.

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November 04, 2023, 05:53:28 PM
 #192

However, the effect of social media is quite large in influencing the interest of new traders which is quite large. Advertisements made by exchange companies can also influence this interest. but it's true what you say, what is ingrained in beginner thinking is to get short profits in trading. in fact they are thinking quickly about making day trading their source of income.
actually it doesn't matter what the purpose is. but the most important thing is to fill yourself first with adequate skills and knowledge. the problem of experience will come by itself as we trade more and more. but skills and knowledge must of course be acquired first before making a decision to trade.
Those who start trading without understanding it well, of course they only want profits from the trades they make, how can they make a profit if they don't understand the strategies used in making trades well, so it would be better if they learned it. before trading well, if they understand it well then they can try it with a little capital so they can learn it well and if they understand it well then they can try to make a profit from the trading they do.
Learning how to trade depends on how fast we are because trading is not supposed to take more 3 to 6 months. It is very important for us to learn from a reliable source so that we can always learn professionally without anything to slownoue progress. Crypto trading can be very profitable if we learn from experience team or group that would aid us to get the actual knowledge without wasting time on learning something that is not that necessary as a trader. If we have a fast comprehensive faculty, we can actually profit from the market as quick as possible.
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November 04, 2023, 06:58:49 PM
 #193

There is no given specific duration of time that is mapped out to learn to trade, it all depends on your ability to grasp fast, the amount of interest, and the quality of time put in and your dedication that will actually determine how long or fast you would learn to trade.
 Trading isn't an easy thing to and most newbies tend to quit a long the road and never finish up the because of the stress that they may face studying and understand the chart and the market.

Trading mostly requires time to understand completely, as it is different from studying in a college like study because it has certain rules and regulations. For example, if in a college some student fails he may have some loss to his paper or his study but I don't think the student would have been much worried as compared to trading.

While in the trading a trader has to look at every strategy he is following and the way he is bringing his abilities to the trading would have been appreciated. He gives time to trading and in the last, he learns something and believes in its trades and he suddenly has more choices to invest in his coin.
But the time factor would be considered as the basic thing for learning whether in any source of income, if someone gives time to learning then it would be profitable in all aspects.

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January 25, 2024, 11:51:33 AM
 #194

Do you think that trading can be learnt well in a short time like three weeks for a quick trader? Can someone who is a proffesional trader just go straight to the point pointing out what is needed to make a successful trader to a newbie to learn quickly?
The duration for people to understand trading can not be in the same timing, understanding trading depends on passion and interest one puts to understand trading. The interest one puts is what will determine if one will learn fast or not. Many people are just where they are in trading because their is no interest for learning.  The passion of trading makes one to learn more about trading to become a better trader, when the interest of learning it can slow the time of trading.  In trading everyone are not the same, we are different because of how we engage ourselves in trading to know more about trading.

I don't belive trading is something one needs to rush to learn,  trading is step by step, the more you engage yourself in it the more you get perfect about trading. Their is no end in learning about trading.

R


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January 25, 2024, 12:41:51 PM
 #195

There is no given specific duration of time that is mapped out to learn to trade, it all depends on your ability to grasp fast, the amount of interest, and the quality of time put in and your dedication that will actually determine how long or fast you would learn to trade.
 Trading isn't an easy thing to and most newbies tend to quit a long the road and never finish up the because of the stress that they may face studying and understand the chart and the market.
We have to make effort to at least draw the line so we can understand when it can be said that someone have finally known how to trade. It is really difficult because learning how to place a trade, put stop loss and take profit and other basic operations cannot be used to qualify anyone to have learnt how to trade. Rather something like consistency can be used as yardstick. If that be the case, consistency requires much more than ability to grasp fast because trading psychology is an important ingredient of trading consistency.

Therefore, I think trading is a continuous process that no one can say they have learnt. In other words, the learning never stops in trading because the market is dynamic. To succeed, one must continue to evolve together with the market and the continuous learning is part of it.

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January 25, 2024, 01:22:54 PM
 #196

It takes individual time to learn trading completely Some may have to explain many times, some may gain enough knowledge about trading very quickly in a short period of time. Learning trading quickly depends on his memory because the better his memory, the faster he can gain knowledge about trading. It depends on his memory. But there is no end to learning about trading, the more knowledge about trading, the more successful he is in training. When we learn trading from a teacher he may teach me something by hand but personally we have to trade after I gain enough knowledge about training. If we can do trading with patience then surely we will succeed through it Patience is very important thing in trading.

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January 25, 2024, 09:05:22 PM
 #197

I spoke to a tutor who teaches trading, and he said for his lectures, he teaches for an extended period of nine months for anyone who wants to learn trading from him. Please I like to read the personal experience of some traders here, how long did it take you to learn to trade profitably, and what was the hardest thing to learn? did it take you weeks, months or years? Do you think that trading can be learnt well in a short time like three weeks for a quick trader? Can someone who is a proffesional trader just go straight to the point pointing out what is needed to make a successful trader to a newbie to learn quickly?
It can never be guaranteed how long it will take someone to learn to trade perfectly. Trading is a very complicated thing to learn it, first you have to give fundamental basic knowledge, then you have to collect its various resources, then you have to learn technical analysis, then you have to test, then there is risk management. These things can never be learned at once and also it depends on how progressive a person is. It appears that someone can do professional trading in 8 months to 2 years and some can't do it even in 5 years.

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January 25, 2024, 10:38:28 PM
 #198

I would say it's indefinite, it depends on how capable the user is to learn and practice the knowledge they got by learning. Sure they can learn the theories about the analysis, strategies etc but to master those strategies and analysis takes quite some time and even then it could take years because so many possibilities you can find and there are lot of room to improve. Even master in trading have experienced losses, so just do it with your own pace.

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January 25, 2024, 10:43:23 PM
 #199

There’s no certainty as to when traders completely learn trading. Some may achieved it through weeks or months, while others may take a year before they get the point in trading. But that won’t be an issue, the important thing is you trade mostly for profits and not in consecutive losses. Otherwise, if you often trade and outnumbered your gains with losses, I guess you are not learning in reality, but you learn the wrong way in trading.

R


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January 25, 2024, 10:45:51 PM
 #200

If you're good at learning with a mentor, do it. But eventually, when you're learning then you'll have to leave that mentor and you'll think that you're more than enough and can stand on your own already. That's how it goes with trading when you're starting to make a profit but if it seems that much to take that mentor, find another mentor if your comfort is through a mentor just for you to start. Whatever gets you on foot, do it because you're the one that's going to learn and not others so find your comfort whichever you think is the best way for you to get on your shoes and expect that it might take a while.

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