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Author Topic: Stop paying money to learn trading when you can learn it yourself  (Read 1650 times)
Bravut
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April 09, 2024, 08:54:28 PM
 #141

I believe what you are saying; there are many trading courses that are free, and we can get ideas without spending any money. Which is not like others who have to pay for seminars and then what will be taught is only basic or verbal.

I've watched a lot of things on YouTube that I can tell if I've learned anything, and the others I'm going back and forth on because, when I analyze them, their explanations are true.
There is no harm in going for courses that are freely available over internet. Such courses may give you some useful points that can help you in trading over period of time. Trading or investment is about creating a strategy that can guide you throughout your journey and this strategy must be developed by your own mind. It's best to train your mind through different techniques i.e. by doing actual trading, watching online courses etc. The sooner your mind is trained, better it is for your future investment/trading.
One shouldn't be in a hurry to learn. Trading is not something that can be learned quickly, and one needs to give it enough time to learn everything properly and be able to grasp all the ideas and everything because knowledge is the first step when someone gets into trading. Without knowledge, a person can barely get success in this industry because trading is not like gambling where you can rely on your luck to make you win trades randomly.

Indeed, one doesn't necessarily have to buy and use paid courses because almost everything these days is available on the internet and one can access all the knowledge and information for free without having to pay anyone a penny, it's all about how much dedication one can show.
Hurrying up yourself would really be just that leading into disaster or tons of mistakes because it would really be just that making yourself that been impatient will really be that leading into missing out tons of things
that you should really be gonna need to learn and not really that something that you will really be that trying out to fast track. Trading or any other things that talks about making money shouldnt really be taken up that lightly or having that confidence because it will really be taking up some time for you to be able to learn up those things in the right manner. Its true that it is really that somewhat pointless or such a waste that you would really be paying up something to learn which you could eventually be able learn up for free. It is really just that people are way that too lazy on learning up things and this is why they would really be willing to pay up for some shortcuts.

Practically anyone can learn anything from Internet in this digital era. We must understand the fact that everyone learns in a different manner, it doesn't mean because you can learn by yourself others can do same.
As I have said earlier if you can learn and assimilated by yourself carry on if you can't look for paid Mentorship or course with proven results and learn, the truth stands Mentorship helps you in the trading journey and shades you from much noise. Trading isn't easy as a beginner,possibly hard to determine where to start or how to go about it because of various and diverse approaches in the market which is also available on the Internet .

It sounds dumb to me, that we assume because someone pays for course or Mentorship it implies the person is  lazy,  he/she is learning from experience of someone. We can't lie to ourselves that those who undergo Mentorship are not sound. What is short-cut?
I pay to learn is it short-cut, for knowledge I don't have, so because it's free online and i decide to pay it means those who learn through free content are following the right track and not short-cut.

It's a matter of decision which is subjective to any individual. You choose between the available option. Those who also offer free contents have paid courses, the truth is free content are tips and doesn't reveal to detail majority of it believe me or not.


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April 09, 2024, 09:24:29 PM
 #142

Actually everyone can learn on their own without having to spend money like private lessons with professional mentors because obviously it will cost you a lot of money to pay them because on the other hand there is no guarantee that you will really be able to become a successful trader with their guidance. Every trader who has managed to achieve success in the world of trading they have their own way of trading or looking for profits without dependence on others, meaning they have all the understanding and knowledge from their own experience when they process and not from dependence on other parties.

Every beginner is required to know about all things related to the world of trading, especially in terms of preparation such as knowing that a trader must have good planning, time and money management, have risk management, self-control or the ability to control themselves and have money as capital, but all of this you can find out for yourself by looking for information from several sources of reperence such as for example on social media or on YouTube because there are already quite a lot of people - people especially professionals who share about things that a beginner must prepare when he wants to become a trader, meaning you can do it yourself. As I said above that every trader has their own way of making a profit and maybe you have heard or even felt that when you try the strategies of other traders who are even experts sometimes the strategy does not work or does not make a profit when we try it, meaning that every trader who has been successful they have their own formula or recipe in turning decisions into profits.

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April 10, 2024, 05:10:35 PM
 #143

Actually everyone can learn on their own without having to spend money like private lessons with professional mentors because obviously it will cost you a lot of money to pay them because on the other hand there is no guarantee that you will really be able to become a successful trader with their guidance. Every trader who has managed to achieve success in the world of trading they have their own way of trading or looking for profits without dependence on others, meaning they have all the understanding and knowledge from their own experience when they process and not from dependence on other parties.

Every beginner is required to know about all things related to the world of trading, especially in terms of preparation such as knowing that a trader must have good planning, time and money management, have risk management, self-control or the ability to control themselves and have money as capital, but all of this you can find out for yourself by looking for information from several sources of reperence such as for example on social media or on YouTube because there are already quite a lot of people - people especially professionals who share about things that a beginner must prepare when he wants to become a trader, meaning you can do it yourself. As I said above that every trader has their own way of making a profit and maybe you have heard or even felt that when you try the strategies of other traders who are even experts sometimes the strategy does not work or does not make a profit when we try it, meaning that every trader who has been successful they have their own formula or recipe in turning decisions into profits.


Learning from someone isn't dependence Mate, Just like you paying school fees for a course isn't you being dependent on your Teacher. I know anyone can learn anything but there is what we call coordination in a Learning process, where you have to learn the right thing at the right time.

You can only have only build your system when you have already gotten a sound and solid knowledge, a beginner can't build a system by watching YT video believe me or not. After the actual process then you have your edge and how you view the market. We can't lie about the fact that its really hectic to start as a beginner without guidance from someone, most of us that went through same process will not want to pass through again.

In essence let us not make it sound like those who are paying ain't serious. In the world of trading everything works for those who put efforts to understand. There you have your own experience and story to tell.

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April 11, 2024, 02:31:23 PM
 #144

Paying to "learn" is okay in my book, it is paying to learn what they should buy that makes no sense to me. I get that some people do not want to make the research themselves and that's why they end up paying others so they could be told which coin to buy and which coin to sell etc etc but the reality is that it wouldn't be smart to do something like that.

I believe that the best thing to do would be just focusing on how you could end up with a greater return if you know what you are doing yourself. That means, you need to learn how to figure out what to buy yourself, and if you want to pay to learn that part then I am fine with that, there are many great free resources as well so you do not have to, but definitely learn it yourself.

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April 11, 2024, 04:42:56 PM
 #145

When someone is promising of anything then they are trying to lure people just to make money. I do agree that you don't have to pay anything to learn but it's limited and even in YouTube most users ask to take the subscription courses to view the playlist. What we can do is to learn the basics from the online via YouTube, forums, blogs and try everything on the demo account.
We need to be wise especially for the newbies that are aspiring to learn how to trade. It is very good we search online for classes one can join to learn about trading. To pay for classes learning about trading is a good endeavor also we need to be wise to learn from an academy not from a single person that have claimed to have learnt about trading ready to teach others asking for huge amount of money and fee. It will be wise we ask questions that will help us to get what we want about trading so we can learn with ease and start trading on our own.









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April 12, 2024, 04:11:49 PM
 #146

Learning trading for free is not impossible, it's something that can be done and we should just consider that as the normal usual case. I get that it is not going to be that easy, but just let it be and we could make it work one way or another.
there is a lot of information online and what you want to learn is personal. When that decision is made, it is never easy but those that are determined are the ones that will graduate personally from trading, and if it is trading, there are a lot of ways to make it work. If you want to make money, then you should be ready to make it work. It is not like you will give yourself a choice and that is what dedicated traders do.

Trading is not as difficult as people think and if it is about jobs trading is less stressful and pays more than some actual jobs but people still feel lazy to actually read and learn and that is like the simplest thing to do when you want to make money.

I personally believe that paying to learn is not terrible neither, that's an option that people could consider, specially if they have money to spend on learning, some people could spend 500 dollars for a elite level class and learn it that way, some can't even afford spending fifty bucks on it, it is that easy. That's why we should consider both as an option, you can spend money and learn that way, or you could just not earn any money and work that way too, it works both ways anyway.

i also agree with you that paying to learn is absolutely not a bad thing but make sure who you are paying to is legit, so that you wont go and pay and not learn anything that is the problem, the kind of money does guys charge to learn is huge so instead of paying that huge amount of money you can at the same time just invest it. if anyone is capable of paying and still have money to invest then it wont be a bad idea. but why collect that huge amount of money for something you learn for free. it is not nice in fact you want to learn I wont collect any money from you.

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April 12, 2024, 05:42:19 PM
 #147

We need to be wise especially for the newbies that are aspiring to learn how to trade. It is very good we search online for classes one can join to learn about trading. To pay for classes learning about trading is a good endeavor also we need to be wise to learn from an academy not from a single person that have claimed to have learnt about trading ready to teach others asking for huge amount of money and fee. It will be wise we ask questions that will help us to get what we want about trading so we can learn with ease and start trading on our own.
Every person who has just started to enter trading, of course they must be able to learn so that they can trade well and profitably for them, looking for online learning classes is of course a legal thing to do, but they must first analyze whether online learning classes are available. What we will choose to learn trading really has a good history or can make someone successful in the trading they do, because if we choose the wrong online learning class, of course it will be in vain and just waste money and this is really very detrimental for those of us who have spent money and did not gain knowledge about trading properly.

When beginners try to trade, of course they must be able to try with funds that they can afford to bear the possible losses they will experience on their first try, because if they continue to try with large capital and they fail at trading, of course this will make them no longer continue trading and will no longer study it because they have experienced big losses, but with a little capital of course they will be able to correct the mistakes they made and try trading again.

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April 12, 2024, 09:58:41 PM
 #148

Paying to "learn" is okay in my book, it is paying to learn what they should buy that makes no sense to me. I get that some people do not want to make the research themselves and that's why they end up paying others so they could be told which coin to buy and which coin to sell etc etc but the reality is that it wouldn't be smart to do something like that.

I believe that the best thing to do would be just focusing on how you could end up with a greater return if you know what you are doing yourself. That means, you need to learn how to figure out what to buy yourself, and if you want to pay to learn that part then I am fine with that, there are many great free resources as well so you do not have to, but definitely learn it yourself.
I would also prefer to pay as long as it’s worth the money. But if you think spending would be not ideal for you, then you can have all the free resources online that are worth to read and explore. Besides, you don’t have to rush in trading, so take time in learning all the basics and once you decide to trade with real account, that’s where your knowledge and skills will be developed and enhanced more.

Set your own preference to maximize learning in trading. No one will judge you for that. The important thing is you learn the do’s and don’ts in trading which will help you limit your losses and maximize your trading gains and profits.

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April 13, 2024, 04:05:46 PM
 #149

In my country Indonesia, has one community too excited with trading signal group and most of them paid almost $600 to $1k for joining their telegram channel with nonsense update about accurate signal.
I don't know how crazy want to spend more than $600 to get nonsense signal trading without 30% accurate behind most of their coins recommended to buy dropping drastically more than 70% since first time publishing to buy. The owner of this signal paid group always showoff with his profitable earn and too risk that signal recommended with future trading, I think stop waste money for paying signal trading most of their coins recommended never accurate above 60%.
Almost all altcoins recommended get crash and make research by your self without depend on the bad telegram signal group.

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April 13, 2024, 08:24:25 PM
 #150

snip

Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
i really laughed when i found out that there are still many people who are willing to spend hundreds or even thousands of dollars just to join a trading seminar even though the knowledge shared there can be obtained easily on the internet today or directly by meeting a trusted personal mentor.  Learning autodidactically on YouTube is very good, but it's even better and more effective if you learn directly from a trusted mentor, who already has experience and a good reputation in trading.

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April 14, 2024, 10:58:30 AM
 #151

i really laughed when i found out that there are still many people who are willing to spend hundreds or even thousands of dollars just to join a trading seminar even though the knowledge shared there can be obtained easily on the internet today or directly by meeting a trusted personal mentor.  Learning autodidactically on YouTube is very good, but it's even better and more effective if you learn directly from a trusted mentor, who already has experience and a good reputation in trading.

We should take help from the mentor at start but with the passage of time we have to learn because taking help from mentor will require charges and if we give charges for whole of the life to mentor then we can put it in trading or investment if we learn from our experience.

If someone is newbie and follow his mentor then there will be low chances of loss but mentor can also make false decisions because market is not known by mentors also but he is doing everything according to the market prediction and his experience.



 

 

 

 

 

 


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April 14, 2024, 02:13:18 PM
 #152

i really laughed when i found out that there are still many people who are willing to spend hundreds or even thousands of dollars just to join a trading seminar even though the knowledge shared there can be obtained easily on the internet today or directly by meeting a trusted personal mentor.  Learning autodidactically on YouTube is very good, but it's even better and more effective if you learn directly from a trusted mentor, who already has experience and a good reputation in trading.
indeed its such a silly way to waste money meanwhile they could easily use that money to start trading on their own ignoring all of these useless course which material actually just coming from curated free material out of youtube and then remaking it.

if a newbie wanna learn the basics of trading its better if they can head out to the exchange that they trust usually they have some basic material for learning trading and investing that they could get for free since you are potential customer of that exchange usually their trading material is top notch no need to pay unnecessary fee, use that money to start trading as soon as possible to know the ins and outs of trading and investing. by doing that you already doing yourself a favour to speed up the process of learning.

therefore its simple really, even binance is having their own specialized resource exactly for this called binance academy.

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April 14, 2024, 07:56:32 PM
 #153

Learning about fund management doesn't look easy. It tends to be a difficult thing for us to do. There are those who tell us about traders who are profitable for a few months. In fact, the results are impossible. You need several years to produce maximum results with a positive mind. It's much more. Well, learning cryptocurrency is not as easy as you see. You can start with demo trading to observe the market by testing your own knowledge to be more successful in your future.
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April 14, 2024, 09:08:04 PM
 #154

Learning about fund management doesn't look easy. It tends to be a difficult thing for us to do. There are those who tell us about traders who are profitable for a few months. In fact, the results are impossible. You need several years to produce maximum results with a positive mind. It's much more. Well, learning cryptocurrency is not as easy as you see. You can start with demo trading to observe the market by testing your own knowledge to be more successful in your future.
Sure, learning about crypto is not easy as many people think it is especially crypto trading which involves various techniques and tricks that need attention, dedication and some sacrifices to learn and not within short period of time.

Some people think that after making payment to learn about crypto from some crypto experts, they think that they can easily get everything on time and start making money immediately, not knowing that even if you paid to get the right information, you will need to sacrifice your time and dedicate yourself towards learning before you can get it right.

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April 16, 2024, 01:08:34 PM
 #155

Paying is not a big issue if you are paying to the right person. But if you are just paying these signal groups who claimed themselves as trading expert, that is a different story. In that case, I'd rather watch online tutorials, read books, etc as I could certainly learn more without wasting my time and money.
I could pay a person as long as I can assure that I could something in return because not all the things we are able to learn from the internet, many ideas can be found during actual trade. At least having someone at the start is enough, we can learn more as we go on.



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April 16, 2024, 04:41:11 PM
 #156

When someone is promising of anything then they are trying to lure people just to make money. I do agree that you don't have to pay anything to learn but it's limited and even in YouTube most users ask to take the subscription courses to view the playlist. What we can do is to learn the basics from the online via YouTube, forums, blogs and try everything on the demo account.
We need to be wise especially for the newbies that are aspiring to learn how to trade. It is very good we search online for classes one can join to learn about trading. To pay for classes learning about trading is a good endeavor also we need to be wise to learn from an academy not from a single person that have claimed to have learnt about trading ready to teach others asking for huge amount of money and fee. It will be wise we ask questions that will help us to get what we want about trading so we can learn with ease and start trading on our own.
You guys make it look funny to me at times when I read a thing like this because you seem to be over-emphasizing this, Do you mean that the person who learned through payment means is not wise? C'mon! It is not particularly true. I learned trading myself but I will never condemn anyone that learns it in a premium way. It depends on the person you are talking about, can the person be so clever like yourself or even have the time to search over and over again? These are good facts, especially if such a person can afford it, why not? One important thing about learning through payment is that the person will not be perambulating baselessly when looking for the right path.

The experiencer trader in the field who is willing to put him through for a stipend might make it easy for such a person and there is no big deal here. The research must have been done by the tutor and the right materials, teaching and guide delivered more easily than the way it would have been if the person went through all that by himself. Also, I have seen enough half-baked traders all over the place, and I think the reason is the way they learn independently. They actually do not have much guidance, if any, but could have started learning from the middle instead of learning it from the beginning. You can imagine anyone learning the alphabet starting from the middle, what much can such do? Only a few independent learners can vouch to be good traders today, so why take it as a big deal?

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jrrsparkles
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April 16, 2024, 04:52:19 PM
 #157


You guys make it look funny to me at times when I read a thing like this because you seem to be over-emphasizing this, Do you mean that the person who learned through payment means is not wise? C'mon! It is not particularly true. I learned trading myself but I will never condemn anyone that learns it in a premium way. It depends on the person you are talking about, can the person be so clever like yourself or even have the time to search over and over again? These are good facts, especially if such a person can afford it, why not? One important thing about learning through payment is that the person will not be perambulating baselessly when looking for the right path.



There is nothing wrong in paying premium to learn but the one who you are paying should be the question here.

AFAIK, everyone promotes them as a successful trader via social media is craps they don't really make money from trading but lying about it and asking people to $49 or $99 or whatever the amount they ask is their main source of income. I see that no successful traders will be interested in selling their secrets for a hundred dollars.









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ElonCoin.org.
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.
"I could either watch it
happen or be a part of it"

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dunfida
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April 16, 2024, 05:15:23 PM
 #158


You guys make it look funny to me at times when I read a thing like this because you seem to be over-emphasizing this, Do you mean that the person who learned through payment means is not wise? C'mon! It is not particularly true. I learned trading myself but I will never condemn anyone that learns it in a premium way. It depends on the person you are talking about, can the person be so clever like yourself or even have the time to search over and over again? These are good facts, especially if such a person can afford it, why not? One important thing about learning through payment is that the person will not be perambulating baselessly when looking for the right path.



There is nothing wrong in paying premium to learn but the one who you are paying should be the question here.

AFAIK, everyone promotes them as a successful trader via social media is craps they don't really make money from trading but lying about it and asking people to $49 or $99 or whatever the amount they ask is their main source of income. I see that no successful traders will be interested in selling their secrets for a hundred dollars.
You do know that there are people who are really that practical on which on the time that they would really be able to see that they could literally be able to see those informations online for free, then expect that they would really be making out those bashes that its never been worth on paying up for some premium if you could actually be able to get it for free. Somehow there are individuals who do really like on someone who would really be gonna mentoring them out on which means that on the time that they wouldnt mind if they would really be paying extra if they could really be able to fasten up their track on learning up things which it isnt really that a bad option for those who do have the money but actually its not really that necessary since you could really be able to learn up for yourself for free. It is really just that there are people who wouldnt really be that liking
on spending on something which you could actually be able to get it without any cost.

jrrsparkles
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April 16, 2024, 05:22:52 PM
 #159


You do know that there are people who are really that practical on which on the time that they would really be able to see that they could literally be able to see those informations online for free, then expect that they would really be making out those bashes that its never been worth on paying up for some premium if you could actually be able to get it for free. Somehow there are individuals who do really like on someone who would really be gonna mentoring them out on which means that on the time that they wouldnt mind if they would really be paying extra if they could really be able to fasten up their track on learning up things which it isnt really that a bad option for those who do have the money but actually its not really that necessary since you could really be able to learn up for yourself for free. It is really just that there are people who wouldnt really be that liking
on spending on something which you could actually be able to get it without any cost.

As I said, it's not really about paying money to learn its the people who are trying to sell their courses are not really traders is my argument. They are making money by selling the courses and they show you some images which even can be real and its possible to make it happen even by a newbie trader as long as they know exchanges, how to sell and buy. But we all know trading is not only about buying and selling.









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.
"I could either watch it
happen or be a part of it"

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AYOBA
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April 16, 2024, 07:58:19 PM
 #160

I know knowledge is not free anymore. We humans have monetized knowledge that if someone without the knowledge wants to learn he has to pay handsomely for it. Many persons are eager to learn how to trade and bad luck has fallen into the hands of liars and tricksters who take money promising to teach these people online. We don't need to pay anybody to learn how to trade, we can do that for free. After all the only thing they would teach online about trading is the theory aspect and then the section is over. There are various resources on the internet especially YouTube that you can start learning from there until you are familiar with trading.
Of course, knowledge is the best key to success in whatever you want do in this life, and if you don't have knowledge about it first before starting, it will not go as well as you want. And actually, knowledge is not free, we can use our money to buy it, but theirs is so important that we make the most of our money to get it. To be honest, trading is something that we can just start and become familiar with in a few weeks. Trading has various parts that we need to visit and learn so much about in order to become experts. Even those that are making tutorials online about trading they're only teach the theory aspect, and not all people quickly understand the theory aspect. That's why I don't blame those people who direct themselves to YouTube to watch some movies about trading.
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Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.
To become a professional trader is not a day job, it takes a very long time before you can become a professional trader. And with that, we can just sit down and become professional traders. You need to build yourself up and do much research about the trading. You have to go into every part of the trading, which is the technical analysis and so on. Because some people's own is even more than 3 to 5 before they can be consistent in trading and also be professional traders.
 

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