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Author Topic: Stop paying money to learn trading when you can learn it yourself  (Read 2093 times)
OrangeII
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May 02, 2024, 02:02:08 AM
 #181

Yes, what is most important in learning trading is practice. It doesn't matter how good the material is, practice is the most important thing, because at that time, knowledge development will occur, such as learning to look at charts, analysis, and so on.
Maybe for people who just want to enter the world of trading, learning the basics of trading is important. However, after that, you need to learn trading yourself. In fact, almost every aspect of trading can change depending on the type of coin or asset you are trading.


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Mehedi72
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May 24, 2024, 09:38:53 PM
 #182

When it comes to basic thing then it's okay to collect knowledge from open sources like YouTube or other websites where they provides free trading trips and tutorial for beginners. But after the certain time, when you need to know more you need to work very hard or you can spend money to make all those things easy. I think a mentor or guideline is very need while a beginner start doing trading. Although you can go without those but you will be helpless When you found complex situation. Or a newbie can join any community or Forum like this where he could discuss and learn about reading freely.

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May 24, 2024, 11:13:15 PM
 #183

Let's just say am self taught not because I didn't have a mentor or thought YouTube was the best place to look, absolutely not... something I have got to understand about the internet is people like sharing and if you know where to look you will find a free premium course that will help..and for your information certain free information can only push you a certain distance but you still need some extra help to understand the trading game!!!

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

1. Learning on YouTube and other PDF resources online
The only popular course I have have is ICT and failed to finish it Tongue
Otherwise not a bad place to look.

2. Attending conferences and watching trading podcast
If I was going to learn how to trade all over again this would be my unpopular option.

3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
You know the saying that says time is money...comeon getting someone to make time for you will cost you, you will either foot the bill for transportation for them to get to you or straight up pay for the service...

4. Practice always and maintain consistency
Guess this is when you have got the concept of trading and can go on your own Wink

R


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May 24, 2024, 11:24:16 PM
 #184

Hmm, that's dope!
But anyway, I think trading is one of the hardest skills in the Crypto market and it requires a lot of effort and smartness. If something is difficult to learn, then according to me there is no problem if it is adopted in the premium version. That is, there is no problem if paid mode is also used for trading like paid courses, paid AI bots, etc. All these stances can only educate you, nothing more than that, you have to take every act into its own justification. 
 
And as far as the basic knowledge is concerned, you can get them for free, but if you want to work as an experienced trader, I think there is no one who have waste his precious time for you to get good enough to teach you without any cost. It is not possible, If you want to become a professional trader, you must take the premium package, You will have to learn under the supervision of expert traders to become professional.

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fauzan Ichsan
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May 25, 2024, 03:26:03 AM
 #185

When it comes to basic thing then it's okay to collect knowledge from open sources like YouTube or other websites where they provides free trading trips and tutorial for beginners. But after the certain time, when you need to know more you need to work very hard or you can spend money to make all those things easy. I think a mentor or guideline is very need while a beginner start doing trading. Although you can go without those but you will be helpless When you found complex situation. Or a newbie can join any community or Forum like this where he could discuss and learn about reading freely.
It will indeed be more effective if we have a mentor, because we can immediately exchange ideas on the problems we face when trading. With the presence of a mentor, we will be able to shape our own trading character, and of course later we will find the identity of our trading style. This will be very different from studying on YouTube, which in fact does not provide problem solving to the problems we face.

terrific
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May 25, 2024, 12:17:25 PM
 #186

It will indeed be more effective if we have a mentor, because we can immediately exchange ideas on the problems we face when trading. With the presence of a mentor, we will be able to shape our own trading character, and of course later we will find the identity of our trading style. This will be very different from studying on YouTube, which in fact does not provide problem solving to the problems we face.
It will be but how can you find a really good mentor? Most of them are not going to spend time with you for nothing.
That's why they are paid but I find the paid ones are not better with those that are real there to help and with real experience.


.SWG.io.













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AnonBitCoiner
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May 25, 2024, 06:38:08 PM
 #187

It will indeed be more effective if we have a mentor, because we can immediately exchange ideas on the problems we face when trading. With the presence of a mentor, we will be able to shape our own trading character, and of course later we will find the identity of our trading style. This will be very different from studying on YouTube, which in fact does not provide problem solving to the problems we face.

From YouTube you can get knowledge but all influencers are not true and some of them spread wrong information therefore Mentor can help you to learn everything about trading and also to decide about selling and buying specific coins at accurate timing.

You can get knowledge from YouTube channels but try to find out an accurate influencer but your experience achievement will only be possible if you get help from a mentor but don't completely depend on mentors for your trading as if you always ask from the mentor then you will be unable to recognize the market and to trade by your own.



 

 

 

 

 

 


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May 25, 2024, 09:00:57 PM
 #188

Yes, what is most important in learning trading is practice. It doesn't matter how good the material is, practice is the most important thing, because at that time, knowledge development will occur, such as learning to look at charts, analysis, and so on.
Maybe for people who just want to enter the world of trading, learning the basics of trading is important. However, after that, you need to learn trading yourself. In fact, almost every aspect of trading can change depending on the type of coin or asset you are trading.
Personally I think practice is as important as money when learning to trade. If you practice early on you will most likely lose money, fund it in such a way that you won't regret it later. Even though you are doing extensive research every day there is no end to learning because you are not going to trade the same coin every day, you have to constantly research several new or old coins. I think trading is a perfect industry, if you are perfect you can achieve a lot from it.

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May 25, 2024, 10:52:31 PM
 #189

Trading signals will always in the end cost you money. They are generally profitable in the short term but never in the long term.

Right now anyone can make money as long as you buy. But eventually markets will shift and when it starts to become bearish, all those trading signal groups will go broke and shut down.

Just learn the basics on YouTube and the rest is all about experience.
Yep mate, that's true!
Trading signals groups can give you profit for a short time but not in the long term. But if it is seen, when these people give you signals for buying/selling, if 10 signals are given, they lose 7 out of them and 3 are difficult to recover from your losses. These people are not so much experts but they just follow the trend in a bull run, if the trend goes right then profit and if it goes the opposite, then lose. It is better to rely on others instead of trading yourself.

All of these signal groups are just doing spam. The majority of groups just copy other singles and put it on their TG channel or group to abuse other people for stealing their money. 99% of signal groups are just fake. After two or three months, this crypto signal group can lose, that is, if the bear market starts, then at first this group gives a lose signal, but later it runs away, that is, pulls the rug and steals money from people.

 

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May 25, 2024, 11:02:12 PM
 #190

Hmm, that's dope!
But anyway, I think trading is one of the hardest skills in the Crypto market and it requires a lot of effort and smartness. If something is difficult to learn, then according to me there is no problem if it is adopted in the premium version. That is, there is no problem if paid mode is also used for trading like paid courses, paid AI bots, etc. All these stances can only educate you, nothing more than that, you have to take every act into its own justification. 
 
And as far as the basic knowledge is concerned, you can get them for free, but if you want to work as an experienced trader, I think there is no one who have waste his precious time for you to get good enough to teach you without any cost. It is not possible, If you want to become a professional trader, you must take the premium package, You will have to learn under the supervision of expert traders to become professional.

For people who have no idea or knowledge, there are probably still people who will bite to pay for seminars about trading online, specifically in the crypto space. But as a matter of fact, there are many ways that can be found online because you just type in Google, and Google will immediately give you many options about things like trading.

And it's true that trading really requires a lot of effort, not just simple effort. Take note of that. Because you are really like students here, you need to understand what to do and what not to do if you want to be a successful trader in the future. In other countries, they have actually done this course. So if there is an opportunity for you to learn it for free, let's take advantage of it.



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May 26, 2024, 09:12:14 AM
 #191

For people who have no idea or knowledge, there are probably still people who will bite to pay for seminars about trading online, specifically in the crypto space. But as a matter of fact, there are many ways that can be found online because you just type in Google, and Google will immediately give you many options about things like trading.

And it's true that trading really requires a lot of effort, not just simple effort. Take note of that. Because you are really like students here, you need to understand what to do and what not to do if you want to be a successful trader in the future. In other countries, they have actually done this course. So if there is an opportunity for you to learn it for free, let's take advantage of it.
That's right, of course there are still some people who don't understand trading well, they are willing to spend their money to learn about trading and there are also some people who choose to learn online without spending any money, but I think the results they will get will be different. To be able to understand trading well, of course we have to study where we can understand easily and it would be better if there was someone who could accompany us in the learning process. Of course, those who accompany us have the skills and also a good understanding of trading so that we can follow it traces of what they do in trading.

When we decide to enter trading, of course there are many things that have to be prepared and there are also many processes that we have to go through and we have to be patient because of course there will be failures that we will face and we have to be able to learn from the mistakes we made and continue trading carefully. Be careful to be able to get good results in the trading that we do, because there are some people who cannot be patient with their learning so they leave trading at a loss.

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May 26, 2024, 10:07:34 AM
 #192

For people who have no idea or knowledge, there are probably still people who will bite to pay for seminars about trading online, specifically in the crypto space. But as a matter of fact, there are many ways that can be found online because you just type in Google, and Google will immediately give you many options about things like trading.

And it's true that trading really requires a lot of effort, not just simple effort. Take note of that. Because you are really like students here, you need to understand what to do and what not to do if you want to be a successful trader in the future. In other countries, they have actually done this course. So if there is an opportunity for you to learn it for free, let's take advantage of it.

In fact, there is now a huge amount of materials available to study any topic, including trading. The only difficulty is that this is a very large topic to study and, in addition to theoretical knowledge, it also requires constant practice and the search for a working strategy for each trader. To begin with, you should start with free courses, of which there are a lot and they will be enough to understand the basic basics of trading and decide in which direction you want to move. You need to understand that among the so-called experts there are also a lot of charlatans to whom you can simply give money and not receive anything in return...



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LastKiss
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May 26, 2024, 10:27:10 AM
 #193

~snip~

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

Everything mentioned above seems very simple to those of us who want to learn trading. However, not everyone has the time to start learning slowly. That's why many people want to pay someone to teach or guide them in trading so they can fast their progress in learning. Paying money to learn trading is like investing in ourselves because it's similar to paying to learn piano or paying for a degree

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May 28, 2024, 04:55:10 PM
 #194

~snip~

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

Everything mentioned above seems very simple to those of us who want to learn trading. However, not everyone has the time to start learning slowly. That's why many people want to pay someone to teach or guide them in trading so they can fast their progress in learning. Paying money to learn trading is like investing in ourselves because it's similar to paying to learn piano or paying for a degree
Even if you pay you would still need to make time in order to listen and understand the lesson, the only difference is that when you pay you would have all the things ready for you unlike when you are DYOR, you need to search it all up.
It would all depend on each person, as you mention not everyone have time to learn there are also who doesn't have much to pay for it, that is why they are doing it on their own searching for free guide or book to learn trading.



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May 28, 2024, 05:54:23 PM
 #195

It will indeed be more effective if we have a mentor, because we can immediately exchange ideas on the problems we face when trading. With the presence of a mentor, we will be able to shape our own trading character, and of course later we will find the identity of our trading style. This will be very different from studying on YouTube, which in fact does not provide problem solving to the problems we face.
Yes, having guidance in matters like this is really needed by everyone when trading in the cryptocurrency market. We can share information with each other about indicators that are often used in trading. We can grasp this information much more quickly compared to learning by ourselves or self-taught which takes quite a long time compared to having a mentor.




gabbie2010
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May 28, 2024, 06:08:53 PM
 #196

It will indeed be more effective if we have a mentor, because we can immediately exchange ideas on the problems we face when trading. With the presence of a mentor, we will be able to shape our own trading character, and of course later we will find the identity of our trading style. This will be very different from studying on YouTube, which in fact does not provide problem solving to the problems we face.
It will be but how can you find a really good mentor? Most of them are not going to spend time with you for nothing.
That's why they are paid but I find the paid ones are not better with those that are real there to help and with real experience.
Honestly it's very rare to find a mentor who would teach an aspiring trader from the scratch because of their tight schedule and few ones would charge exorbitant price probably to scare new traders who they knew won't afford such fee, I  knew few experience forex traders who wouldn't spare any time to mentor a new trader thus I took it up upon myself to learn trading via twitter and discord not minding how long I am going to be profitable, of course I am getting it right though with regards to forex trading though it has not been easy to master every aspect of it, however with time I would be consistent in it.

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May 28, 2024, 07:31:49 PM
 #197

It will indeed be more effective if we have a mentor, because we can immediately exchange ideas on the problems we face when trading. With the presence of a mentor, we will be able to shape our own trading character, and of course later we will find the identity of our trading style. This will be very different from studying on YouTube, which in fact does not provide problem solving to the problems we face.
Actually, this comes back to each individual in learning and studying trading, because not everyone is easy to learn on their own, they have to have a mentor and there are also those who are easy to learn on their own because they have the ability to learn by being. self-taught. In essence, learning by yourself and having to pay for it all depends on you in making decisions because the only person who can judge yourself is ourselves. However, with so many media that we can use to learn trading, it is better for us to learn on our own because by learning on our own we can easily understand it without having to be guided.

Maybe what we should always do before learning to trade is to use a trading simulator. Treat demo money like real money. Or you can also move to a live account when you have learned a successful strategy. after thorough testing, learn how to control your emotions, learn risk management, and consistently profit with the strategy of moving forward when you are truly ready. Then finally make a trading goal. Be aware of mistakes, strengthen pattern analysis so that we can find the right strategy.

R


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May 28, 2024, 07:37:22 PM
 #198

It will indeed be more effective if we have a mentor, because we can immediately exchange ideas on the problems we face when trading. With the presence of a mentor, we will be able to shape our own trading character, and of course later we will find the identity of our trading style. This will be very different from studying on YouTube, which in fact does not provide problem solving to the problems we face.
Actually, this comes back to each individual in learning and studying trading, because not everyone is easy to learn on their own, they have to have a mentor and there are also those who are easy to learn on their own because they have the ability to learn by being. self-taught. In essence, learning by yourself and having to pay for it all depends on you in making decisions because the only person who can judge yourself is ourselves. However, with so many media that we can use to learn trading, it is better for us to learn on our own because by learning on our own we can easily understand it without having to be guided.

Maybe what we should always do before learning to trade is to use a trading simulator. Treat demo money like real money. Or you can also move to a live account when you have learned a successful strategy. after thorough testing, learn how to control your emotions, learn risk management, and consistently profit with the strategy of moving forward when you are truly ready. Then finally make a trading goal. Be aware of mistakes, strengthen pattern analysis so that we can find the right strategy.
There are ones who do really that liking for them to see someone who would really be guiding them but its true that it wont really be that something that will be ideal that you would be spending up tons of money
just to pay up for some mentor or subscription at the moment that they are really just starting up. Actually you could really be able to make yourself that self learn on which you wouldnt really be tending to pay up
something on which you could really be able to eventually be able to learn it without extra cost. Well, it would really be that a common approach that there's someone who would really be asking for some payment on the moment that they would be teaching someone about trading or whatever things it would be as a form of payment for their work or effort which it isnt really that bad.

Just like been said that everything could really be learnt up naturally if you do really tend to do some hardwork and time allocation.It is really just that there are really people
who cant really be able to hover themselves on dealing up with something if they arent that being guided.

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May 28, 2024, 11:47:46 PM
 #199

Yes, having guidance in matters like this is really needed by everyone when trading in the cryptocurrency market. We can share information with each other about indicators that are often used in trading. We can grasp this information much more quickly compared to learning by ourselves or self-taught which takes quite a long time compared to having a mentor.
There is so much information from experienced traders in discussions like this. But many newbies don't want to take this because it's gonna be taking a lot of time for them. While they want to take some shortcut path, it might help somehow but it's going to be fully as what it is intended to be. Learning through experience is still the best but you have to lose some of your money through it.
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May 29, 2024, 04:05:40 PM
 #200

When it comes to basic thing then it's okay to collect knowledge from open sources like YouTube or other websites where they provides free trading trips and tutorial for beginners. But after the certain time, when you need to know more you need to work very hard or you can spend money to make all those things easy. I think a mentor or guideline is very need while a beginner start doing trading. Although you can go without those but you will be helpless When you found complex situation. Or a newbie can join any community or Forum like this where he could discuss and learn about reading freely.

Basics are easy and you can get everything online YouTube is one of the best mediums to learn and their also websites that anyone can learn from even from this website you can learn. It is not important that you must pay money to learn just that the same time their are people that find it difficult to learn on their own so people like that can pay for class and learn physical and also with practicals, everything depends on our we individually learn, everyone knows that trading is not easy. If you have a mentor is not bad is just for everyone to choose the way they will learn better.  And another thing is that most of this exchanges offer academic lessons for beginners on how to use an exchange and the important things to know and sometime it won’t be enough and if you are learning on you own they you need to put serious effort when learning and also doing a lot of practicals to improve so expect anything in that condition.

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