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Author Topic: Trading without experience and knowledge  (Read 37436 times)

Offline Paglamon

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Re: Trading without experience and knowledge
« Reply #45 on: December 14, 2020, 08:09:42 PM »
It is possible to be profitable without any work experience. So I think experience and knowledge are definitely needed to benefit from the cryptocurrency market.

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Re: Trading without experience and knowledge
« Reply #45 on: December 14, 2020, 08:09:42 PM »

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Re: Trading without experience and knowledge
« Reply #46 on: December 15, 2020, 05:58:44 PM »
In your opinion, can someone trading without experience or knowledge?
like eating bread without taste.
trading without knowledge will cause your own losses. and it is very unlikely that a trader wants to trade without having knowledge. because almost all traders have extraordinary experience and knowledge.
and someone with no trading experience may need some time to learn
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Offline The Legend

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Re: Trading without experience and knowledge
« Reply #47 on: December 15, 2020, 06:39:16 PM »
Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.

But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.

In your opinion, can someone trading without experience or knowledge?

I think it is not possible. At least a newbie needs to learn about market, I mean the basic knowledge. And also he/she needs to learn about stop loss and take profit. Stop loss, patience and controlling your emotions and greed are the key of a good trader.

Offline Pluto25

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Re: Trading without experience and knowledge
« Reply #48 on: December 15, 2020, 11:31:37 PM »
It is possible to be profitable without any work experience. So I think experience and knowledge are definitely needed to benefit from the cryptocurrency market.
Of course knowledge and experience must be needed in a successful business systems. Without above two virtue one can't achieve his targeted goals.

Offline wxxyrqa

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Re: Trading without experience and knowledge
« Reply #49 on: December 18, 2020, 04:18:50 PM »
It is possible to be profitable without any work experience. So I think experience and knowledge are definitely needed to benefit from the cryptocurrency market.
Of course knowledge and experience must be needed in a successful business systems. Without above two virtue one can't achieve his targeted goals.
If you do not work and study, there will be no experience and no accumulation of knowledge. If a person wants to learn how to trade cryptocurrency, then various detailed videos on YouTube channels, as well as real demos of cryptocurrency exchanges, can help him.

Offline Rakin343

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Re: Trading without experience and knowledge
« Reply #50 on: December 18, 2020, 11:07:12 PM »
Actually I would say first of all you need to have enough knowledge to trade.  If you do not know about this trading then you will definitely face huge losses.  Because trading depends on the trading signal.  If you do not understand the trading signals, then you can never succeed in trading. So you must have enough knowledge about trading and a lot of knowledge before training.
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Offline ayatoslaw

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Re: Trading without experience and knowledge
« Reply #51 on: December 19, 2020, 12:47:04 AM »
Actually I would say first of all you need to have enough knowledge to trade.  If you do not know about this trading then you will definitely face huge losses.  Because trading depends on the trading signal.
Are you saying that someone has to be knowledgeable to read trading signals? I do not recommend someone to trade following the analysis of other traders, this is not the right way to trade.
And the knowledge I mean is knowledge of trading, not knowledge of trading signals.

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Re: Trading without experience and knowledge
« Reply #51 on: December 19, 2020, 12:47:04 AM »


Offline johnson

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Re: Trading without experience and knowledge
« Reply #52 on: December 21, 2020, 05:26:37 AM »
If you don't have knowledge experience you will make lose in this platform. It is better to gather knowledge and experience then begin to trade.

Offline smart_oa

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Re: Trading without experience and knowledge
« Reply #53 on: December 21, 2020, 02:00:20 PM »
Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.

But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.

In your opinion, can someone trading without experience or knowledge?

Yes, they can. If you only know the very basics like how to buy and sell what red and green candles means etc then you can. You can use a grid trading strategy. In this strategy, we will use a trading bot that will place buy and sell order automatic and it will buy low and sell high. You just needs to set the price range. You can set higher price range and do your other activity. That bot will execute trade with the parameter you set.

Offline Lutera94

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Re: Trading without experience and knowledge
« Reply #54 on: December 21, 2020, 02:36:02 PM »
trading is the very risky way to earn money, if you have no idea about trading then it is became more difficult to understand. so must be need experience & knowledge for trading otherwise you can lost your portfolio. thanks
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Online EthereumDev_

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Re: Trading without experience and knowledge
« Reply #55 on: December 21, 2020, 04:37:33 PM »
if you trade without having definite experience with trading then it will only make you lose because you will take the wrong position or enter the wrong position, at least as a new trader you can first learn how to trade properly and correctly on some learning media such as YouTube and articles other.

Offline wxxyrqa

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Re: Trading without experience and knowledge
« Reply #56 on: December 21, 2020, 04:45:41 PM »
if you trade without having definite experience with trading then it will only make you lose because you will take the wrong position or enter the wrong position, at least as a new trader you can first learn how to trade properly and correctly on some learning media such as YouTube and articles other.
Undoubtedly, it is thanks to videos from good Youtube channels that you can learn to trade. But such information and training will be beneficial for obtaining primary knowledge, since the theory can not always very actively help in practice. Based on this, you still need to have a small start-up capital in order to hone your professionalism.

Offline Xinarae

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Re: Trading without experience and knowledge
« Reply #57 on: December 21, 2020, 04:50:32 PM »
Trading is not possible without experience and knowledge  i think first need minimum knowledge then starting trading beacuase trading is hard not a easy thing every time but sometime trading platefrom depend layout candlestic and more some think.
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Offline ayatoslaw

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Re: Trading without experience and knowledge
« Reply #58 on: December 29, 2020, 12:15:06 AM »
Yes, they can. If you only know the very basics like how to buy and sell what red and green candles means etc then you can. You can use a grid trading strategy. In this strategy, we will use a trading bot that will place buy and sell order automatic and it will buy low and sell high. You just needs to set the price range. You can set higher price range and do your other activity. That bot will execute trade with the parameter you set.
I understand what you mean, if I conclude the trade you mentioned is trading for beginners who trade without a thorough analysis,
so trades are executed based on rising and falling charts at that time. when the candle is red you will buy it and when the candle is green you will sell it.
yes that's fine, but what time frame to use? The small time frame is not suitable for beginners, as it will only make him lose more than profit.

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Re: Trading without experience and knowledge
« Reply #59 on: December 29, 2020, 01:42:40 AM »
I did the first etherium trading of my life.  I got a good profit from there.  That was very enjoyable.  I think first love is a lot of fun for everyone.

 

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