Trading without experience and knowledge

[Callisto]

It cannot, perhaps for the first time a beginner without experience will be lucky to get profit, but this is most likely an exception, then he may lose even more, because the excitement will grow. There is no place in a trade without experience, knowledge and ability to correctly analyze and make decisions.

[ice18]

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

You need to atleast know the basics of trading before entering this kind of job since its all about money you have to be very careful in every move you do you may loss all your money in just a blink of your eyes if you enter trading without knowledge so also considering watching free technical analysis on trading view or YouTube it will be very helpful.

[Riktakhanom]

Trading is never possible without experience and knowledge the risk of losing will be higher if you go trading without experience if you don't have any knowledge then it is not possible to do business by doing market analysis. Your own intelligence is much more effective with market analysis.

[Andruha1993]

Trading is never possible without experience and knowledge the risk of losing will be higher if you go trading without experience if you don't have any knowledge then it is not possible to do business by doing market analysis. Your own intelligence is much more effective with market analysis.

I agree with you that trading without knowledge and experience is impossible. I checked this on my own experience. And personally he lost a lot of money. Therefore, you first need to read a lot, analyze and learn from experienced traders.

[Cordillerabit]

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?

trading is a difficult business to master. but some people become highly successful at it, however it is possible for anyone to become a successful trader. do you know why some traders are successful? first they earned KNOWLEDGE about trading second EXPERIENCE.   

[izarok]

Trading without prior knowledge is definitely a bad move. You want to earn profit but not careful enough to study basic trading practices will result in your demise. Experience will come over time but the key will always be at your core knowledge and basic trading practices.

[Sharpmax]

Cryptocurrency trading cannot be done without experience and knowledge.  If you don't have knowledge about cryptocurrency trading, you will end up in huge losses anyway.  Because you will approximate when trading.  If you trade in an approximate way, you will make a big loss. If you want to trade in this cryptocurrency, you must have experienced and sufficient cryptocurrency knowledge.  You need to be very good at trading signals. If you do not understand cryptocurrency trading signals, you will never be able to profit by trading.

[ayatoslaw]

Because you will approximate when trading.  If you trade in an approximate way, you will make a big loss.

Not only big losses, but what you are doing is not trading but gambling.

You need to be very good at trading signals. If you do not understand cryptocurrency trading signals, you will never be able to profit by trading.

Do you mean to trade based on trading signals? I am not sure it was the right decision, because trading signals will only confuse you when making a decision, and not only that charter signals will make your emotions unstable because you are trading based on someone else's plan not your own.

[tamango]

Such trading constantly ends in failure and loss of money! Even if you manage to close a couple of transactions with a profit, you will not be able to stop, but you can not always be lucky!

[zilzylian]

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 don't think so, they have to learn the basics of trading, such as the number of orders and the percentage of the target profit.
For beginners, they will do 2 things, namely buying when the price is low, assuming they will make a profit when the price rises.
then sell waiting for the high price, but for professional or intermediate traders it will place the API on every trade, so there is no need to wait, whenever we can sell and buy by looking at the market situation at any time.

[nelson4lov]

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

I doubt if any one without any trading experience can even execute a trading order properly on an exchange talk more of trading and making profits, without any trading experience or knowledge you are just diving into a pool you have no idea about the depth of the pool and that can easily drown you, it's always advisable to have a knowledge about the market before you start trading.

[ayatoslaw]

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

I doubt if any one without any trading experience can even execute a trading order properly on an exchange talk more of trading and making profits, without any trading experience or knowledge you are just diving into a pool you have no idea about the depth of the pool and that can easily drown you, it's always advisable to have a knowledge about the market before you start trading.

What you said is true, but as I wrote at the beginning, the development of cryptocurrency trading very quickly, one of which is the emergence of premium trading signals, seeing this opportunity many beginners try to start trading even without experience or knowledge,
It sounds like they are burning money in vain, but it is a fact that happens, beginners prefer it because they do not understand risk management, they only know how to calculate profit and how to get it quickly.

[Willitivity1]

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 trade without experience or knowledge?

Following trading signals is very risky cause most times they give out the wrong signals which lead to huge losses, you might end up losing your capital, so I'm not going to advise anyone to follow trading signals the best way to trade is to have your own trading strategy, that means you have to learn how trading actually works and not by waiting around for any telegram channel to post signals.

[Nikawe]

Trading without knowledge and experience is like a rudder without goals. No one can get anything some good feedback without enough knowledge and experience. But without knowledge about trading and investing ,one can't get benefits.

[Google+]

if trading does not have experience or knowledge then it will only make us get a loss, because so far I think only experienced and knowledgeable people can easily get profit from trading so learn good and correct trading first to be able to get profit when trading.