Newbie traders, work on yourself.

[Monarch B]

Newbies when it comes to trading you have to work on discovering yourself and not to basically depend on a  third-party or trading signals before you can execute a trade. You can rely on signals from those you view as professionals and still would not make profits and the reason for this isn't far fetched from the truth. It is because since it's not your analytics you have no comprehension to build confidence on the basis to why the signal request you to either sell or buy which makes any little falllback, retreat or retracements of the market in the process of your trading causes you a cold feet and extreme fright.

So the earlier every newbie interested trader understands that the period  he/she could use to seriously learn how to trade no matter how short the period could be in acquiring the right ideas/knowledge about trading to make you selfreliance, you'll be exhuming yourself from days to years of reliance on signals that not even have the potent to making you profit compared to that which comes  directly out of your own self-made analytical work.

It is nothing but foolishness to take signals from other groups when it comes to your word for rational trading. It will make you lazy and you won't learn anything. But the owner of the group will make their fixed income every day. So the new trader always needs to do something to learn better. You see what works best for you and try to do well.

[Questat]

I was been a newbie and we all are. I've been reliant on others when I started, I asked several traders (friends) and even used a demo account. Gladly, I've ideas from them and gained some confidence as I was thinking that I could be like them soon. 

I was citing this thing because it was hard for a newbie to just rely on searching as I've found out it was quite easy to understand trading when someone accompanies you. But of course, this was never meant to be like for a long period because the purpose of doing this is to just know the basics of trading and additional learnings come from actual trade. Work on yourself, yes, that is the process, and acquiring knowledge from others is just another way. We just stand alone when we are totally ready and capable enough.

[Bobrox]

Newbies when it comes to trading you have to work on discovering yourself and not to basically depend on a  third-party or trading signals before you can execute a trade. You can rely on signals from those you view as professionals and still would not make profits and the reason for this isn't far fetched from the truth. It is because since it's not your analytics you have no comprehension to build confidence on the basis to why the signal request you to either sell or buy which makes any little falllback, retreat or retracements of the market in the process of your trading causes you a cold feet and extreme fright.

Using third party service as signal trading actually is not much problem and we don't spent much time for analyzing which one coins have to trade, but right now difficult to find right or accurate signal trading although spending thousand dollar every months as fees for joining their signal group.
First time signal premium published to public many trader success earn much profitable due many accurate coins recommended to buy, we don't need make analyze and the owner make limitation price for buying and selling.
During they can give accurate signal predicting why have to make own research and confusing when choosing which one coins have to trade, but right now we need adapt by our self without any signal accurate and make research by self which one coins have to buy.

[Volimack]

Newbies when it comes to trading you have to work on discovering yourself and not to basically depend on a  third-party or trading signals before you can execute a trade. You can rely on signals from those you view as professionals and still would not make profits and the reason for this isn't far fetched from the truth. It is because since it's not your analytics you have no comprehension to build confidence on the basis to why the signal request you to either sell or buy which makes any little falllback, retreat or retracements of the market in the process of your trading causes you a cold feet and extreme fright.

So the earlier every newbie interested trader understands that the period  he/she could use to seriously learn how to trade no matter how short the period could be in acquiring the right ideas/knowledge about trading to make you selfreliance, you'll be exhuming yourself from days to years of reliance on signals that not even have the potent to making you profit compared to that which comes  directly out of your own self-made analytical work.

It is nothing but foolishness to take signals from other groups when it comes to your word for rational trading. It will make you lazy and you won't learn anything. But the owner of the group will make their fixed income every day. So the new trader always needs to do something to learn better. You see what works best for you and try to do well.

A good step for new traders to learn about trading is to practice the market themselves. Other's signals will never be better than your own experience. The signals that I trade on can make a profit while other people can go in the wrong direction. One's own efforts rarely fail one gains experience by one's efforts and applies correct concepts.

[IvugeoEvolutionCoin]

For newcomers, relying solely on others' signals or recommendations can be dangerous, as it doesn't teach you to understand the market and make your own informed decisions. Understanding market dynamics and analysis helps make informed decisions, ultimately leading to successful trades.

A new person who wants to start trading can trade with the help of other people but if someone starts trading with other people's advice then he will face losses in the first stage. When a person starts trading with good experience about trading then his chances of loss will be very less.  But we have to be very careful while trading so that no mistakes are made. We never want our money to be at risk due to small mistakes.

[Zanab247]

If you are talking about newbies in crypto trading and, how they used to lose their time and money for not exercise patience for the real bull to come before they can trade, but you will always see them shouting that they have miss it again for not wait for the right time.

The most important thing newbies need to approach before going into crypto trading is to have the knowledge of the crypto trading and, how to have some other sources of income that will make you not to rush to trade your coins than to be strong until the bull season occur before you can trade to be profitable.

[Lanatsa]

I was been a newbie and we all are. I've been reliant on others when I started, I asked several traders (friends) and even used a demo account. Gladly, I've ideas from them and gained some confidence as I was thinking that I could be like them soon.  

I was citing this thing because it was hard for a newbie to just rely on searching as I've found out it was quite easy to understand trading when someone accompanies you. But of course, this was never meant to be like for a long period because the purpose of doing this is to just know the basics of trading and additional learnings come from actual trade. Work on yourself, yes, that is the process, and acquiring knowledge from others is just another way. We just stand alone when we are totally ready and capable enough.

We do start from scratch and no one starts on being a pro and this is the reality of this world on which it would really be that a common approach that you should really be having on the time that you do deal up with trading. Mistakes and errors is something inevitable but it isnt something mean that you wont really be taking actions to counteract with it.Your success would really be reflecting out on how hard you do make yourself work on to those basic things on which you would really be facing on. It all matters on someones skill enhancement and gaining up experience as you do go forward.

It is really just that there are people who cant really just that make themselves that accept that losing is really part of the process. Once they do able to experience those loses then they
would really be having those kind of huge disappointments on which it would really be leading up into completely stopping or quitting on which i could say that
it isnt really just that a solid reason for them to quit on. You wont progress if you wont really be having those acceptance.

[Bushdark]

NEWBIES, you should be concious of the fact that perhaps ALL of the the advice posted in the topic might be coming from people who don't belong to the top 10% of traders who actually make consistent profit from "trading".

Be careful of those advice, because most of them WON'T make you more profitable against the top traders, and their army of bots. Merely choose a good asset that will continue to exist for decades, then buy and HODL. Buy the DIP, DCA, or another accumulation strategy, just do where you are comfortable.

This is where newbies fall on these kind of traps. They’ve given their high trust on other traders in the forum and tend to follow everything they say without actually knowing that real  professionals don’t resort on giving advices, but they tend to challenge first those newbies and see how far they are determined to reach their trading goals. That’s okay to lose in trading as long as they don’t end up quitting, otherwise they will not recover their losses and will be deprived from getting profits in trading.

I see someone that is not making profits in the market as a newbie trader. There is no two argument about that and we need to be ready to learn if we are not having success in our trading. Trading should be skillful and more of observing the market than trading.
If we know that we are not ready to trade and make money from the market, or we have been having consistent failing the market, we need to know what we are doing and go learn more and perfect a strategy we can be using.

[spiker777]

For newcomers, relying solely on others' signals or recommendations can be dangerous, as it doesn't teach you to understand the market and make your own informed decisions. Understanding market dynamics and analysis helps make informed decisions, ultimately leading to successful trades.

A new person who wants to start trading can trade with the help of other people but if someone starts trading with other people's advice then he will face losses in the first stage. When a person starts trading with good experience about trading then his chances of loss will be very less.  But we have to be very careful while trading so that no mistakes are made. We never want our money to be at risk due to small mistakes.

Even if they don't face losses in the initial stage, they need to understand that they won't have someone mentoring them and giving them signals and suggestions all the time, so even if they are earning good profit right now following signals of their mentors or so-called experts who are charging them hundreds of dollars every month for those signals, this isn't permanent and there will be a time when they will be left alone and then they will need to make their trades themselves which is when they will get in trouble.
This is why, it's essential for someone venturing into trading to learn everything beforehand instead of relying on other people and following their signals blindly because when you become alone, it's your knowledge that will guide you through.

[ShowOff]

Newbies when it comes to trading you have to work on discovering yourself and not to basically depend on a  third-party or trading signals before you can execute a trade. You can rely on signals from those you view as professionals and still would not make profits and the reason for this isn't far fetched from the truth. It is because since it's not your analytics you have no comprehension to build confidence on the basis to why the signal request you to either sell or buy which makes any little falllback, retreat or retracements of the market in the process of your trading causes you a cold feet and extreme fright.

So the earlier every newbie interested trader understands that the period  he/she could use to seriously learn how to trade no matter how short the period could be in acquiring the right ideas/knowledge about trading to make you selfreliance, you'll be exhuming yourself from days to years of reliance on signals that not even have the potent to making you profit compared to that which comes  directly out of your own self-made analytical work.

It is nothing but foolishness to take signals from other groups when it comes to your word for rational trading. It will make you lazy and you won't learn anything. But the owner of the group will make their fixed income every day. So the new trader always needs to do something to learn better. You see what works best for you and try to do well.

Having a tendency and dependence on other users' signals will not make the trader grow. A trader must learn to become an independent trader even though they need a lot of time to learn. They can certainly benefit from other users' trading signals, but this does not allow them to gain anything useful about their knowledge and ability to make analysis.

Some traders may be too comfortable to trade without having to exhaustively carry out their own analysis, but such a tendency never benefits them in the long run. They need to learn to become independent traders and be able to make wise decisions and analyze opportunities independently.

[Fredomago]

For newcomers, relying solely on others' signals or recommendations can be dangerous, as it doesn't teach you to understand the market and make your own informed decisions. Understanding market dynamics and analysis helps make informed decisions, ultimately leading to successful trades.

A new person who wants to start trading can trade with the help of other people but if someone starts trading with other people's advice then he will face losses in the first stage. When a person starts trading with good experience about trading then his chances of loss will be very less.  But we have to be very careful while trading so that no mistakes are made. We never want our money to be at risk due to small mistakes.

Even if they don't face losses in the initial stage, they need to understand that they won't have someone mentoring them and giving them signals and suggestions all the time, so even if they are earning good profit right now following signals of their mentors or so-called experts who are charging them hundreds of dollars every month for those signals, this isn't permanent and there will be a time when they will be left alone and then they will need to make their trades themselves which is when they will get in trouble.
This is why, it's essential for someone venturing into trading to learn everything beforehand instead of relying on other people and following their signals blindly because when you become alone, it's your knowledge that will guide you through.

You said it right, you can't rely with someone all the time when you are dealing into trading, you need to work on your own knowledge and understanding, though there's a help that be bring by someone who knows and understand the market but you should do your own work in researching and making the right decision when dealing into trading, it's not like gambling where you just put your bet and wait for luck to back you up to win your bet.

Trading is more on focus and how you adopt whatever the market is moving, there are so many kinds of style and strategy which you can learn if you are really keen in details and how will you adjust and adopt to certain market movements.

Start with knowing the business and picking up all those important details and information with what kind of asset/s that you'll going to support both for long and short term trades.

[Mauser]

Newbies when it comes to trading you have to work on discovering yourself and not to basically depend on a  third-party or trading signals before you can execute a trade. You can rely on signals from those you view as professionals and still would not make profits and the reason for this isn't far fetched from the truth. It is because since it's not your analytics you have no comprehension to build confidence on the basis to why the signal request you to either sell or buy which makes any little falllback, retreat or retracements of the market in the process of your trading causes you a cold feet and extreme fright.

So the earlier every newbie interested trader understands that the period  he/she could use to seriously learn how to trade no matter how short the period could be in acquiring the right ideas/knowledge about trading to make you selfreliance, you'll be exhuming yourself from days to years of reliance on signals that not even have the potent to making you profit compared to that which comes  directly out of your own self-made analytical work.

While it's true that beginners in the trading world will need to spend a lot of time on learning and getting the necessary experience to become successful, I believe that everybody should keep learning new things. Even the best trader in the crypto world with an awesome track record can learn new things that will improve his trades in the future. Just because we are doing well today, is no guarantee that it's going to stay like this forever. The crypto markets are changing all the time and we need to adapt to stay ahead. Which is why I would recommend to stick to the learning phase as long as possible. Don't just think that after a few good trades that you know everything and never need to learn more anymore. For me this will always be a constant process, to evaluate if things are moving in the right direction, or if I need to understand the current situations better and go back to learning more.

[vs2014]

Speaking of new traders, my attitude is fixed because there was a time when I was new to crypto and lost a lot of money while trading. On the other hand i really want to speak against trading signals and they are just scams to take money from you by showing you tempting offers. Moreover today we think of Jadar as professional traders once they also lost a lot of money while trading in the beginning. In fact initially there will be decline in the trading market and when you can experience this you can build your profit base.

[Mahanton]

Newbies when it comes to trading you have to work on discovering yourself and not to basically depend on a  third-party or trading signals before you can execute a trade. You can rely on signals from those you view as professionals and still would not make profits and the reason for this isn't far fetched from the truth. It is because since it's not your analytics you have no comprehension to build confidence on the basis to why the signal request you to either sell or buy which makes any little falllback, retreat or retracements of the market in the process of your trading causes you a cold feet and extreme fright.

So the earlier every newbie interested trader understands that the period  he/she could use to seriously learn how to trade no matter how short the period could be in acquiring the right ideas/knowledge about trading to make you selfreliance, you'll be exhuming yourself from days to years of reliance on signals that not even have the potent to making you profit compared to that which comes  directly out of your own self-made analytical work.

While it's true that beginners in the trading world will need to spend a lot of time on learning and getting the necessary experience to become successful, I believe that everybody should keep learning new things. Even the best trader in the crypto world with an awesome track record can learn new things that will improve his trades in the future. Just because we are doing well today, is no guarantee that it's going to stay like this forever. The crypto markets are changing all the time and we need to adapt to stay ahead. Which is why I would recommend to stick to the learning phase as long as possible. Don't just think that after a few good trades that you know everything and never need to learn more anymore. For me this will always be a constant process, to evaluate if things are moving in the right direction, or if I need to understand the current situations better and go back to learning more.

Learning would comes from real experience. Period!

Its neither you would really be following up some gurus or professionals but we do know that its not that much recommended or something that would really be needed because
everything that you would really be needing is already that available or could be seen online. It would really be just that depending on you on how you would really be hovering yourself
and make out that effort and putting up that time for you to grasps on everything but of course it would really be taking up some time and tons of efforts for you to have a good grasps.

On the moment that you've been dealing up with this space then it would really be impossible that you cant be able to differentiate in between things on which you would be normally
be making out that kind of adjustment on which its a common approach to have. You would be adjusting accordingly on which you do seem that it would be viable on doing so.
Profitability and success would really be determined on how well you do make yourself that be able to handle out such condition.

[BitMaxz]

Speaking of new traders, my attitude is fixed because there was a time when I was new to crypto and lost a lot of money while trading. On the other hand i really want to speak against trading signals and they are just scams to take money from you by showing you tempting offers. Moreover today we think of Jadar as professional traders once they also lost a lot of money while trading in the beginning. In fact initially there will be decline in the trading market and when you can experience this you can build your profit base.

There is nothing we can get from signals most of the free and premium signals are scam they will give you a signal to any coins and then have a tp1, tp2, tp3 and tp4 but they don't explain why since the price of crypto is too volatile sometimes their prediction hit but again they don't have explanation how did he get those position.

You don't need any other advice or signal all you need is already in trading indicators you just need to learn more about how to validate those signals that you see from the indicator it needs some skills on how to validate them to get a strong probability to where is the best position and to become a profitable trader.

[Natsuu]

The most important thing newbies need to approach before going into crypto trading is to have the knowledge of the crypto trading and, how to have some other sources of income that will make you not to rush to trade your coins than to be strong until the bull season occur before you can trade to be profitable.

This is on point. Because as a beginner your focus should be on learning and not on making money. When you put that money mindset of trading like the need for making money then you are done. More likely, you are going to lose it. Because you've put unnecessary emotions in your trading.  Where in the first place you should just be following your plan, but instead you are pressured to make money so you cut your winning trades early, you stopped out early, or hesitated to take a trade and losses that one opportunity. The best thing you can do is to detach from money and let the edge of your trading plan work for you in the long run.

[Mame89]

So the earlier every newbie interested trader understands that the period  he/she could use to seriously learn how to trade no matter how short the period could be in acquiring the right ideas/knowledge about trading to make you selfreliance, you'll be exhuming yourself from days to years of reliance on signals that not even have the potent to making you profit compared to that which comes  directly out of your own self-made analytical work.

Common mistakes of those newbies in trading are being hyped and excited about the profit they are seeing when they see advertising or influencers that are flexing their earnings from trading. They think it is easy as that without knowing that those influencers or ads don't show the hardship or grey part of trading. Trading has a lot of chances of losing money depending on how competent and skilled you are. Trading is a continuous learning and trial and error. If you can't handle the thought of losing money, then it can't be sure that you can survive in this industry.
(...)

I can relate and most newbies will also. Because of social media platforms, a lot of people taking advantage it, and some newbies are expecting too much because also by them, they are luring these people just to sign up under their referral link and some are using fake accounts or screenshots just to show they are profitable.

This is what often happens to beginners, they are tempted by the profits that influencers get, which makes them enthusiastic about investing, even though they don't have any knowledge, in the end these beginners lose a lot of money after following these influencers.

It's true that not all influencers have bad intentions, but many do. There are so many who claim to be reliable and successful traders even though they are rich from affiliates, so it is not uncommon for trade names to be tarnished by unscrupulous binaries like this. My advice to beginners is that if they are traders and want to make trading an income, then they must study trading science seriously in order to trade so that it makes it easier for them to see a clearer picture of each coin they invest. This must be done so that you don't invest carelessly and avoid being hypnotized by influencers circulating on social media.

[Yukyzu]

The most important thing newbies need to approach before going into crypto trading is to have the knowledge of the crypto trading and, how to have some other sources of income that will make you not to rush to trade your coins than to be strong until the bull season occur before you can trade to be profitable.

This is on point. Because as a beginner your focus should be on learning and not on making money. When you put that money mindset of trading like the need for making money then you are done. More likely, you are going to lose it. Because you've put unnecessary emotions in your trading.  Where in the first place you should just be following your plan, but instead you are pressured to make money so you cut your winning trades early, you stopped out early, or hesitated to take a trade and losses that one opportunity. The best thing you can do is to detach from money and let the edge of your trading plan work for you in the long run.

It is very difficult for beginners to continue to profit from trading when they do not understand what they are doing, so it is very important for beginners to focus on their learning so that when they understand correctly they will be able to make a profit from it. the trades they make in trading, of course we have to be able to control our emotions because if we do it with emotion, of course it will be very unlikely that we can do the analysis well so that we make the wrong decision and we fail in the trade, but if we can Analyzing well will of course be able to make decisions that benefit us in the trades we make.

[adpinbr]

Yes, the newbie Freda should be able to walk on the serve very well, and understand what they are doing, and try to get their own signal on their own not to depend on that part one thing I have realizes if you work on yourself as a trade that you will be able to understand Very well more than what they explained to you and you succeed more in Trading not just waiting for signals up and done with that Trading and even if sometimes it may not be right study what you want to do and you get it right definitely

[Gaza13]

For newcomers, relying solely on others' signals or recommendations can be dangerous, as it doesn't teach you to understand the market and make your own informed decisions. Understanding market dynamics and analysis helps make informed decisions, ultimately leading to successful trades.

A new person who wants to start trading can trade with the help of other people but if someone starts trading with other people's advice then he will face losses in the first stage. When a person starts trading with good experience about trading then his chances of loss will be very less.  But we have to be very careful while trading so that no mistakes are made. We never want our money to be at risk due to small mistakes.

It's better if we don't have to follow their recommendations, the steps we take are better if we take their knowledge, Before jumping into trading on the market, what techniques do they use and then we learn or shop for ourselves autodidactically, don't just rely on 1 person to learn the techniques, look for other sources of information such as YouTube. If we are confident in the knowledge we have, then you can start and we need to remember that we must know that the risks are very big. Successful traders will definitely go through their difficult times to survive and make a profit.