Trading graduates

[henmark]

Trading is, indeed, a constant learning process, which means that a person who is into trading will have to keep learning and adapting if they want to stay profitable and relevant in the market, whereas a graduate is basically someone who completes their education or a specific level of education. In trading, especially when someone is doing it in a market as diverse as the cryptocurrency market, a person will need to keep updating their knowledge and information, because if you don't stay updated, you will miss important opportunities, and no trader would want that.

Some traders usually make the mistake of thinking that they have learned everything after they reach a certain point with good enough knowledge. One could say that you become very knowledgeable after you spend a reasonable amount of time in the market making trades and observing everything, but that doesn't mean your learning process is over. Even those who are extremely experienced tend to learn lessons from the market from time to time.

So, I totally agree that it's just a constant learning process that basically never ends.

Not only do people stop learning after a while, but some people also do not even START learning. They just get into trading and hope that they will make a profit, and that's it. They do not know what indicators are, what Bollinger Bands are, what EMA is, what chart reading looks like, or what head and shoulders is; to them, head and shoulders is just shampoo, nothing more. And they think they could make money from it.

I give it to you that just because you know technical analysis doesn't mean that you are guaranteed to make a profit, but at least you have a higher chance of profit than not knowing how to do it. And you are right that it is a non-stop situation; you can't just learn once and then it is done, it is not like school, where you study, and when you graduate you are done. It is never-ending; you could be 70 years old and still end up studying the newest things and one more thing and one more thing; you can keep adding more to your skill set and learn more about how to trade.

[Japinat]

Do you know that after being profitable, you are still prone to lose your trade one of these days? Therefore, I can't guarantee that there is a real trading graduate. Trading graduates could be understood that they are excellently good and profitable in their trades, and that the possibility of trading losses will always be low.

However, I don't think this is what actually happening to the real traders in the market. Even the professional traders sometimes struggle on how to manage the uncertainty of the market so that they won't end up losing. Because in reality, a trading graduate could only be seen in a book, but not in real life trading journey.

[Wind_FURY]

With every challenges that a trader experience, different threats and risks, I don't think its appropriate to say that a trading graduate exists. Because in reality, as long as you still chose to stay trading, there will be endless trading lessons that you will learn every single day. Not just from your personal trading experiences, but also learning from the experiences of other traders as they could also create a good reflection on your trading habit.

In conclusion, one can only be considered a trading graduate once you leave trading for good. That's just from my own point of view as one of crypto traders.

Trading is, indeed, a constant learning process, which means that a person who is into trading will have to keep learning and adapting if they want to stay profitable and relevant in the market, whereas a graduate is basically someone who completes their education or a specific level of education. In trading, especially when someone is doing it in a market as diverse as the cryptocurrency market, a person will need to keep updating their knowledge and information, because if you don't stay updated, you will miss important opportunities, and no trader would want that.

Although our fellow plebs believe that "they're learning/evolving", but if they're not growing in capital, which is the ACTUAL THING that matters in trading/investing, THEN that's telling them that they're NOT learning/evolving.

Plus if, you, as a pleb will not outperform against a person who simply Buys and HODL Bitcoin, then WHY waste your time in trading? Simply HODL.

Some traders usually make the mistake of thinking that they have learned everything after they reach a certain point with good enough knowledge. One could say that you become very knowledgeable after you spend a reasonable amount of time in the market making trades and observing everything, but that doesn't mean your learning process is over. Even those who are extremely experienced tend to learn lessons from the market from time to time.

So, I totally agree that it's just a constant learning process that basically never ends.

MOST of the "traders" in BitcoinTalk DO NOT beat the market, especially the plebs like us in signature campaigns.

[Obulis]

You have seen me posted about the use of low leverage, not using all the money in your exchange account to trade, learning trading psychology, averaging or grid trade up to certain level and not up to turning it into martingale which is used by poor traders.

I have also posted about trader should not only make risk management a practicality but also be good in financial management. Knowing not to borrow money to trade and also knowing the percentage of your income to set on trading which I think should not be more than 10%, but this still depend on how low risky you go while trading which should still be moderate.

Also knowing the right coins to trade because many coins are full of whales that you can not be better than as they will manipulate your money for their own profits, but you in losses. And also that some coins are too volatile.

Do you know that you can know all these and still not be a graduate in trading. Just test yourself, if you can do this 5 times, you are a trading graduate. Example is when bitcoin fell from $120000 to $100000 and your go on long position, if you are able to still make profit or only having a significantly little loss, that is when you have a trading graduate. Such volatile market will always come, be prepared and test yourself 5 to 10 times to call yourself a trading graduate.

It can be in swing trading. You can set stop loss if you want.

What does trading graduate really implies? Does it mean that as trading graduate you will no longer have losses? Or will have less loses? Practice they say makes excellence, but if luck is associated with trading, does this excellence as a trading graduate determine every outcome?
To some extent being a trading graduate will definitely help but doesn't tell the outcome of trading all the time. And then is there really factors to determine a trading graduate? Because trading just seems to nonfactorizable.

[Oshosondy]

What does trading graduate really implies? Does it mean that as trading graduate you will no longer have losses? Or will have less loses? Practice they say makes excellence, but if luck is associated with trading, does this excellence as a trading graduate determine every outcome?

What is written on the last part of what you quoted is you can set stop loss if you want. That should answer your question enough that I know some traders are saying they can not do without stop loss.

Also there is a part that I said this:

Do you know that you can know all these and still not be a graduate in trading. Just test yourself, if you can do this 5 times, you are a trading graduate. Example is when bitcoin fell from $120000 to $100000 and your go on long position, if you are able to still make profit or only having a significantly little loss, that is when you have a trading graduate. Such volatile market will always come, be prepared and test yourself 5 to 10 times to call yourself a trading graduate.

It can be in swing trading. You can set stop loss if you want.

I hope your question has been answered.

I am referring to those that only have little losses from trading or still make profit after a volatile market.

[Ab de villiers]

Trading graduation is not possible because when will test yourself you will face loss and Even experienced traders face losses, so losses alone cannot determine whether someone is a trading graduate or not. But for new person this term should not be use because that is risky when you talk about trading and you have to take some risk and many people can take high risk and many can take low risk which depends on the portfolio of person because there are millions of people who have low income but they heard about trading and now they want to become trading graduate but that is not an easy task because market is changing at every second and people are losing and the learning process is never ends.

[Wind_FURY]

What does trading graduate really implies? Does it mean that as trading graduate you will no longer have losses? Or will have less loses? Practice they say makes excellence, but if luck is associated with trading, does this excellence as a trading graduate determine every outcome?

What is written on the last part of what you quoted is you can set stop loss if you want. That should answer your question enough that I know some traders are saying they can not do without stop loss.

Although it's obvious to always use a stop-loss, pardon me, ser. But who are these "traders" that you're talking about? Are they actual registered traders, who actually do it as a profession? Or are those "traders" mere PLEBS like us who merely take their chances in the market and gamble their savings?

I don't want to offend anyone, but there's a massive difference between the two.

[Emitdama]

What does trading graduate really implies? Does it mean that as trading graduate you will no longer have losses? Or will have less loses? Practice they say makes excellence, but if luck is associated with trading, does this excellence as a trading graduate determine every outcome?

What is written on the last part of what you quoted is you can set stop loss if you want. That should answer your question enough that I know some traders are saying they can not do without stop loss.

Stop loss is such an important part of the learning curve. A lot of people do not really utilise it very well, and that is why they end up losing money. If you really want to be a good trader one day, then the best thing you can do would be making sure that you know what stop loss is and how to use it properly. Of course you are not going to trade it that easily, but that doesn't mean that you are going to end up with a good result if you are not careful.

Moreover, it is not just stop loss that you need to be careful about; orders are very important as well. You may put an order to buy at a lower price, for example, thinking that if it goes down that much, you should buy because that is what you think the bottom would be, but then the price could crash even way lower than that. If you just let it be like that, then you are not going to profit easily, so you have to be careful where you put your orders and make sure you know the resistance points and support points before you do such a thing.