New Trends Among Beginner Traders

[Maslate]

Beginner traders have different mindset these days. Instead of harnessing their potential knowledge and skills that will give them an edge in trading, they prefer to act more confident on the current position of their trading activity without thinking that if they fail to enhanced their trading abilities, they will never be successful in trading anymore.

The problem with beginner traders these days is they are mostly hesitant to positive changes and improvements. They feel that what they have is more than enough, that they can be sustainable enough in trading, but reality hits that if you lack the capabilities to trade, you will never be successful and profitable in your trades.

[mirakal]

The reason anyone would do this cannot be far from making money. I have seen this so many times and greenhorns usually do this for a couple of reasons. It is possible they don’t have money to trade so they post their trades online to get someone who’s willing to risk giving them money to trade on their behalf and get a monthly commission for their investment. Some new traders are pretty good and have a history of successful trades, they become greedy and want to x3 their capital but don’t have the funds to do so. Their only option is to attract investors to give them money to trade for an agreed ROI.

That could be highly possible as we have seen a lot in social media where they flex their trading strategies and claim that those have already made a lot of successful trades, without knowing the fact that those strategies are ineffective and have only contributed losses in trading. If you are weak, you will fall on their traps easily and make you entrust your capital on them and end up losing them all. It's late when you realized that those are just beginner traders who have not proven any significant profits in the trading industry.

Never get deceived with how these newbie traders pretend to be skillful ones. If they really are what they say, they might not be wasting their time lifting their own chair and just focus on what they can do on their trading abilities and skills.

[shinratensei_]

Beginner traders have different mindset these days. Instead of harnessing their potential knowledge and skills that will give them an edge in trading, they prefer to act more confident on the current position of their trading activity without thinking that if they fail to enhanced their trading abilities, they will never be successful in trading anymore.

The problem with beginner traders these days is they are mostly hesitant to positive changes and improvements. They feel that what they have is more than enough, that they can be sustainable enough in trading, but reality hits that if you lack the capabilities to trade, you will never be successful and profitable in your trades.

the current bullrun trend is truly overshadowing the risk of trading, almost all market are pumping and therefore the beginner traders might think they are expert because they have series of successful trading from the rather bullish market which might cause massive loss to them once the bearish market hits, after all it just means that they will just trade irresponsibly in the future, and will eventually incur a huge loss once they are caught off guard.
I think this is the thing with the saying that everyone is expert at bullish market because the market is going towards bullrun so its easy to buy at low or when correction happening and then wait it out until the price goes higher.
but im sure that any smart beginner trader would realize such thing and try to find some knowledge about the proper way of trading even though its rather obscure but knowing some basic trading principle helps a lot in this regard.
even learning some experience by reading some good article about trading from the experienced trader might help a lot in this case because after all usually experience is expensive but by just reading other people experience we easily gain some knowledge.

[MainIbem]

Nowadays people claims to be expert while they are not sometimes they only learn little strategies online and some tips with the terminology they will go out their to create a youtube channel or social media channels to post out their little experiences claiming to be one of the successful traders out there. One thing I do for myself is that I don't easily being affected with what people tends to display out there to impression me or to inspire me just because they are making some cool cash without proof or believe and confirmation and, of curse even if they made such money from trading its their time they venture and they need to earn something good from trading.

But the fact I don't like from them is trying to convince people to subscribe to their channel and pay some certain amount for trading tips and signals they don't even study well is what getting me weird and for that anyone who is joining trading should look out the best people to follow out there because many just uses Demo account to influence newbie traders who doesn't know what trading is all about.

[Bushdark]

Beginner traders have different mindset these days. Instead of harnessing their potential knowledge and skills that will give them an edge in trading, they prefer to act more confident on the current position of their trading activity without thinking that if they fail to enhanced their trading abilities, they will never be successful in trading anymore.

The problem with beginner traders these days is they are mostly hesitant to positive changes and improvements. They feel that what they have is more than enough, that they can be sustainable enough in trading, but reality hits that if you lack the capabilities to trade, you will never be successful and profitable in your trades.

Beginners traders always have the mindset of winning everytime even without having a good skill that could create wealth for them.
I could remember when u started trading, I do have the mindset that I would become rich soon but I was surprised that trading is never a Ponzi scheme. That is when I realized that I would have to work harder and study the market before I keep making consistent profits from the market imitating the lifestyle and method of pro traders.

[wtsimis]

Has anyone else here noticed this too?"

I would say Beginners Traders should never try to get any trading suggestions or knowledge from any social media platform. There are many traders on social media who present themselves in front of Beginner Traders, who only show trading profits to those who are just starting to trade. Which is actually taken from his demo account but newbies don't understand it. For those who are just starting trading, I would say to them, give yourself time to enter the market in the safest way and try to learn about the market by analyzing yourself. Moreover the Beginner Traders have to decide what kind of trader they want to be for short term or long term. But sadly the truth is that we have Beginner Traders who gain knowledge about trading through social media and then end up in dangerous situations.

[South Park]

Has anyone else here noticed this too?"

I would say Beginners Traders should never try to get any trading suggestions or knowledge from any social media platform. There are many traders on social media who present themselves in front of Beginner Traders, who only show trading profits to those who are just starting to trade. Which is actually taken from his demo account but newbies don't understand it. For those who are just starting trading, I would say to them, give yourself time to enter the market in the safest way and try to learn about the market by analyzing yourself. Moreover the Beginner Traders have to decide what kind of trader they want to be for short term or long term. But sadly the truth is that we have Beginner Traders who gain knowledge about trading through social media and then end up in dangerous situations.

With the huge amount of misinformation and fake news appearing on social media every single day, I do not know how any person could take what they read there with any level of seriousness, and what is even worse is that those beginner traders are taking decisions that could affect them for the rest of their lives based on what someone they did not know posted online, which at least to me is insane, and yet this happens all the time. 

[|MINER|]

Yes there are many who don't really know much about trading but they are very expert in imparting knowledge. It is really very harmful that someone who doesn't know much about trading but still gives various advices but there are many traders who have very good knowledge about trading.  keep but are not able to succeed in trading in real life. I don't think it will hurt if they advise.  New traders should follow veterans on forums.  Don't trust any YouTube channel.  Trading patiently with your own intelligence.  Mastering trading takes a lot of time so be patient and keep trying.

[lombok]

This happens very often, especially in cryptocurrency Telegram and WhatsApp groups. There are even those who are determined to open a VIP signal, but the material they use for their members is taken from Google or even signals from other VIPs. And in the group there are many newbies who are finally tempted by their PNL trading screenshots. This is very unfortunate, but most old traders and pro people are silent and sometimes they focus on trading and their own portfolios. They also rarely show off and tend to be closed when it comes to trading and PNL issues.

[EarnOnVictor]

Yes there are many who don't really know much about trading but they are very expert in imparting knowledge. It is really very harmful that someone who doesn't know much about trading but still gives various advices but there are many traders who have very good knowledge about trading.  keep but are not able to succeed in trading in real life. I don't think it will hurt if they advise.  New traders should follow veterans on forums.  Don't trust any YouTube channel.  Trading patiently with your own intelligence.  Mastering trading takes a lot of time so be patient and keep trying.

I don't think we should take this topic so seriously, and the reason is that whether they are experienced or inexperienced, so far what they are saying is correct, I see no reason why they should be crucified for that. But if what they say is not correct, we can point their attention to it or report them if it is becoming persistent. However, till now, I hardly see anyone writing about trading and investments writing rubbish, they might not be very professional in their constructions but they still write what you still deem as true if you verify externally. In light of this, it mustn't be that everybody is successful in trading before they can contribute here uniquely or not.

Besides, if you are leaving it to those who are so professional in trading, you will hardly see anyone talk about trading and investment together. Is that what the OP wants? Even those who are fronting on social media that they are the trading and investment gurus know little or nothing when it comes to practical success. But the fact that the theoretical part is cheap to convey is where they are hiding.

[Fara Chan]

Beginners traders always have the mindset of winning everytime even without having a good skill that could create wealth for them.
I could remember when u started trading, I do have the mindset that I would become rich soon but I was surprised that trading is never a Ponzi scheme. That is when I realized that I would have to work harder and study the market before I keep making consistent profits from the market imitating the lifestyle and method of pro traders.

Beginners who think like that should still be considered normal because they basically still don't have enough knowledge to understand the market and trading more specifically. However, over time, this mindset will definitely disappear with the formation of a better mindset after undergoing several trades like you have done in the past. I would not be surprised to see beginners who immediately think they will win every time through trading, because they just need to ask questions and understand what they have done gradually.

[Assface16678]

This happens very often, especially in cryptocurrency Telegram and WhatsApp groups. There are even those who are determined to open a VIP signal, but the material they use for their members is taken from Google or even signals from other VIPs. And in the group there are many newbies who are finally tempted by their PNL trading screenshots. This is very unfortunate, but most old traders and pro people are silent and sometimes they focus on trading and their own portfolios. They also rarely show off and tend to be closed when it comes to trading and PNL issues.

Sad reality, but it's happening. You will notice that in social media, there are a lot of advertisements that are about trading or influencers that are flexing their luxurious lives to attract potential investors and attract many new traders to their channels. What is the purpose? Simply to get profit from them, sad reality again: most of those channels are scams. Try to observe and join multiple telegram channels about bitcoin trading. You will encounter 2 channels that have the same postings, and you will notice that the other one is delayed because it is only copying from another channel. If those beginners in trading rely on this channel, then their trading journey is on the wrong path, and surely they will never get into something. That's why it's most important to not listen to and rely on groups specifically in social media. Yes, it can be a reference, but we should know how to distinguish which is a scam or not.

[Kelvinid]

Beginners traders always have the mindset of winning everytime even without having a good skill that could create wealth for them.
I could remember when u started trading, I do have the mindset that I would become rich soon but I was surprised that trading is never a Ponzi scheme. That is when I realized that I would have to work harder and study the market before I keep making consistent profits from the market imitating the lifestyle and method of pro traders.

Beginners who think like that should still be considered normal because they basically still don't have enough knowledge to understand the market and trading more specifically. However, over time, this mindset will definitely disappear with the formation of a better mindset after undergoing several trades like you have done in the past. I would not be surprised to see beginners who immediately think they will win every time through trading, because they just need to ask questions and understand what they have done gradually.

Perhaps, it was normal because that is what they heard from social media influencers and think that they could make a profit too easily. That is how they brainwash beginners and a pretty working strategy. In fact, that is what I thought before until I experienced how difficult to become a trader in real life.
As we have been brag by some people showing huge income from trading (which was not their money), the more we become aggressive to trade and even the lack of knowledge, we still push ourselves to do it.

Somehow we realized that not all we see on social media are true, most of them are fake. That is why we have to help ourselves not to fall into greed or else, we are like those people who suffer losses first before knowing the truth.

[mirakal]

This happens very often, especially in cryptocurrency Telegram and WhatsApp groups. There are even those who are determined to open a VIP signal, but the material they use for their members is taken from Google or even signals from other VIPs. And in the group there are many newbies who are finally tempted by their PNL trading screenshots. This is very unfortunate, but most old traders and pro people are silent and sometimes they focus on trading and their own portfolios. They also rarely show off and tend to be closed when it comes to trading and PNL issues.

Sad reality about beginner traders, they’re not pro traders but when they start talking, it’s like they can manipulate those innocent people and deceive them with their words of wisdom, but when it comes to performance, for sure they won’t say negativity on the real results of how they trade because that will ruin the good reputation they are forming. When we happen to see this, we should be smart enough not to believe them since they are not actually successful and profitable traders.

While these new traders have a lot to talk and say, those successful traders are often seen silent on one side. Not that they don’t want to meddle, but they just want to focus on what they think is more important that they don’t have even time to correct these fake trades.

[lombok]

This happens very often, especially in cryptocurrency Telegram and WhatsApp groups. There are even those who are determined to open a VIP signal, but the material they use for their members is taken from Google or even signals from other VIPs. And in the group there are many newbies who are finally tempted by their PNL trading screenshots. This is very unfortunate, but most old traders and pro people are silent and sometimes they focus on trading and their own portfolios. They also rarely show off and tend to be closed when it comes to trading and PNL issues.

Sad reality about beginner traders, they’re not pro traders but when they start talking, it’s like they can manipulate those innocent people and deceive them with their words of wisdom, but when it comes to performance, for sure they won’t say negativity on the real results of how they trade because that will ruin the good reputation they are forming. When we happen to see this, we should be smart enough not to believe them since they are not actually successful and profitable traders.

While these new traders have a lot to talk and say, those successful traders are often seen silent on one side. Not that they don’t want to meddle, but they just want to focus on what they think is more important that they don’t have even time to correct these fake trades.

This sounds reasonable, because when it comes to growing their portfolio, pros will tend to focus on their portfolio instead of being busy influencing other people, even newbies. And in reality, when they are in a gathering/forum, they prefer to discuss other things rather than trading. I don't know if this is true or not what is happening around you, but I often meet and observe their behavior that they tend to be silent and choose to discuss other things rather than trading issues.

[Bitcoinpoly]

I don't know how it was done many years in the past when learning trading, so I will wait to read the comments of traders with many years of experience.

I've noticed that on my WhatsApp, Telegram, Twitter, and basically all social media websites, there are so many beginner traders with no real live trading experience who should stop giving trading tips to other people rather they just put it out there for whoever cares to listen to them.

I keep asking myself, are these kids doing it wrong? The beginning phase of the trading journey is a time for learning and not talking or trying to show off. These new kids should be quiet and focused on building equity, and other best trading practices that would make them successful traders rather than trying to act cool and successful when they haven't ever made a dollar other than in a demo.

I have engaged with a couple of them in trading conversations, and they beat around the bush, replying with generic responses without any real experience.

Has anyone else here noticed this too?"

Personally I know there are lots of people out there without much experience and good trading skills but yet they still give advices and lectures, as for me instead of listening to someone who is not well informed and lack good understanding of the market, I would rather go for copy trading so that I can make my cool profit. There are lots of people who make good profit through copy trading from exchange like Bitget.

[stadus]

I don't know how it was done many years in the past when learning trading, so I will wait to read the comments of traders with many years of experience.

I've noticed that on my WhatsApp, Telegram, Twitter, and basically all social media websites, there are so many beginner traders with no real live trading experience who should stop giving trading tips to other people rather they just put it out there for whoever cares to listen to them.

I keep asking myself, are these kids doing it wrong? The beginning phase of the trading journey is a time for learning and not talking or trying to show off. These new kids should be quiet and focused on building equity, and other best trading practices that would make them successful traders rather than trying to act cool and successful when they haven't ever made a dollar other than in a demo.

I have engaged with a couple of them in trading conversations, and they beat around the bush, replying with generic responses without any real experience.

Has anyone else here noticed this too?"

Personally I know there are lots of people out there without much experience and good trading skills but yet they still give advices and lectures, as for me instead of listening to someone who is not well informed and lack good understanding of the market, I would rather go for copy trading so that I can make my cool profit. There are lots of people who make good profit through copy trading from exchange like Bitget.

Copy trading is good if you are actually copying from a professional and successful trader. But if you turn out copying from a fake trader, that will only lose your funds all of a sudden. So my point is learn to trade instead by studying the basics in trading on your own. Eventually, you will gain various experiences in trading, mostly losing for a beginner, but after series of losses I know you will gradually develop your own skills and strategies to make your trades work, and maximize your profit making.

[bettercrypto]

I don't know how it was done many years in the past when learning trading, so I will wait to read the comments of traders with many years of experience.

I've noticed that on my WhatsApp, Telegram, Twitter, and basically all social media websites, there are so many beginner traders with no real live trading experience who should stop giving trading tips to other people rather they just put it out there for whoever cares to listen to them.

I keep asking myself, are these kids doing it wrong? The beginning phase of the trading journey is a time for learning and not talking or trying to show off. These new kids should be quiet and focused on building equity, and other best trading practices that would make them successful traders rather than trying to act cool and successful when they haven't ever made a dollar other than in a demo.

I have engaged with a couple of them in trading conversations, and they beat around the bush, replying with generic responses without any real experience.

Has anyone else here noticed this too?"

You know what you are saying: most of them are self-proclaimed experts. When that's what you see and notice, don't waste your time on those things. Because, like you said, they don't show that they have the knowledge of crypto trading that you are talking about.

Even now that the bull run is coming again, the so-called expert traders are appearing again on YouTube, who are obviously only using influencers for their personal motives.

[ancafe]

I don't know how it was done many years in the past when learning trading, so I will wait to read the comments of traders with many years of experience.

I've noticed that on my WhatsApp, Telegram, Twitter, and basically all social media websites, there are so many beginner traders with no real live trading experience who should stop giving trading tips to other people rather they just put it out there for whoever cares to listen to them.

For me it is not surprising because everyone can speak freely what they want to say, depending on how other people assess the conversation and how they should behave when they see trading talk by people who don't understand it on social media. Just imagine we are talking about something we don't know and if the listener is intelligent they will definitely know that what they are talking about is a bigger lie than the truth.

Trading may have the same discussion regarding several strategies used, but when discussed by people who do not understand trading, the delivery will definitely be different. Lastly, be wise in viewing any discussion on social media because there are many people who are free to speak according to their wishes.

[Yamifoud]

I've noticed that on my WhatsApp, Telegram, Twitter, and basically all social media websites, there are so many beginner traders with no real live trading experience who should stop giving trading tips to other people rather they just put it out there for whoever cares to listen to them.

I keep asking myself, are these kids doing it wrong? The beginning phase of the trading journey is a time for learning and not talking or trying to show off. These new kids should be quiet and focused on building equity, and other best trading practices that would make them successful traders rather than trying to act cool and successful when they haven't ever made a dollar other than in a demo.

Has anyone else here noticed this too?"

Not to wonder and anyone can do the same even without experience as they just share based on what they have learned when watching videos and online tutorials.

To question if that is wrong? Definitely, because those tips are unrealistic and never help us to succeed but instead, they lead us in the wrong direction. This time, we have a lot of people claiming themselves to an experts, and too sad to see that many innocent people also have fallen into them. Therefore, I would say that the quality of traders now is not quite good.