Do you really need to be expert to start trading?

[Cryptomultiplier]

-snip-
So in essence, a newbie who wants to start joining trading just needs to prepare himself thoroughly and well, so that he won't be careless, panic and lose control emotionally when trading.

The point is:
- emotionally mature
- Knowledgeably mature
- mature in risk management

So you can make quite good capital while continuing to learn from experience, learn by doing, too.

It looks very simple, but it is not easy to achieve.
Someone who is even professional sometimes will not always mature emotionally, this depends on how things go because a person's mental state will be unpredictable.

And in essence beginners need to know the basic knowledge of trading so that they know what to do.
It's not just about following other people's advice and putting it into practice.

No one really becomes an expert if they haven't mastered everything, haven't had extensive experience and gotten satisfactory results.

'With great knowledge comes great responsibility' as said by Peter Parkers uncle in the movie, Spiderman to Peter, has more meaning to express my thoughts on this subject matter.
One has to have had the knowledge of trading, have done their own research and have watched the exchange market enough to understand the market seasons and how whale movements affects same market too, before such a one can have the confidence to even attempt trading, that's assuming they already understand how cryptocurrency works and how to hold and secure their coins, can confirm transaction and also transact using P2p.


It simply takes a lot of discipline and demands alot of time and attention for one to even start being a newbie trader, because when we use the term expert, it means such a newbie has grown with practice and has had more experience in the market before being called an expert .

[Lucius]

No one needs to be an expert to trade cryptocurrencies, but they do need to know something about it in order to expect any profit. Research shows that in the end 95% of people who trade with cryptocurrencies give up or lose all the money they have invested, and many of them lose much more than they can actually afford.

The path to trading should start with a lot of research, and only then with a relatively small investment on which you should actually practice all those techniques and options that exist on a trading platform. I therefore think that it is necessary to distinguish between benevolent warnings aimed at beginners as something that is not some kind of malicious intent aimed at discouraging them from having a taste of it.

In addition, those who know how to trade always encourage others to join them, because their gain always results from someone else's loss.

[OWAS]

 Guy to me I don't really feel to be an expert before I can start trading  because everything I we want to learn will start from the beginning and becoming an expert in the future,   more we engage ourselves in and start practicing day by day more we are understanding and becoming more strong in the system,  no one just becomes an expert in trading without facing serious discourage as they are growing and becoming an expert today  where other beginners seek advice from before starting.

[bayu7adi]

Guy to me I don't really feel to be an expert before I can start trading  because everything I we want to learn will start from the beginning and becoming an expert in the future,   more we engage ourselves in and start practicing day by day more we are understanding and becoming more strong in the system,  no one just becomes an expert in trading without facing serious discourage as they are growing and becoming an expert today  where other beginners seek advice from before starting.

If so, then the fuel is your money. The more money you have, the more opportunities you have to overcome some of your failures. Until now I can probably say that what you chose is not wrong, but it is also not better.

Learning in trading is very necessary, so at least we have a strong foundation first in trading. If you are too mentally weak and give up due to some of the losses you experience, perhaps the option you choose will not provide good results.

[DabsPoorVersion]

Guy to me I don't really feel to be an expert before I can start trading  because everything I we want to learn will start from the beginning and becoming an expert in the future,   more we engage ourselves in and start practicing day by day more we are understanding and becoming more strong in the system,  no one just becomes an expert in trading without facing serious discourage as they are growing and becoming an expert today  where other beginners seek advice from before starting.

If so, then the fuel is your money. The more money you have, the more opportunities you have to overcome some of your failures. Until now I can probably say that what you chose is not wrong, but it is also not better.

Learning in trading is very necessary, so at least we have a strong foundation first in trading. If you are too mentally weak and give up due to some of the losses you experience, perhaps the option you choose will not provide good results.

If you have money but lack the knowledge to start trading, your financial resources will not make you a better trader. In such situations, you may end up losing your money in gambling, which you will eventually regret in the long run. It is important to note that having experience is not the only way to learn trading. You can use demo trading, which is a much better option than risking your money while you learn how to trade through experience and knowledge.

[Gladitorcomeback]

Guy to me I don't really feel to be an expert before I can start trading  because everything I we want to learn will start from the beginning and becoming an expert in the future,   more we engage ourselves in and start practicing day by day more we are understanding and becoming more strong in the system,  no one just becomes an expert in trading without facing serious discourage as they are growing and becoming an expert today  where other beginners seek advice from before starting.

Well, one might not need to become a complete expert in trading to start trading but it is also a fact that one needs to at least have enough knowledge about the market and different trading practices to gain success in trading. After all, if you start trading without gaining enough knowledge, you will most likely lose your capital because you won't be able to do things properly.

To become an expert in trading, one needs experience along with knowledge, and experience can only be gained by practice which means that one will need to get into trading in order to gain experience.

[Bjorka]

I think to start trading you really have to study price movements on the exchange because if you don't have knowledge about trading in general, lay people will generally be confused about how to invest capital and buy or sell to make a profit.

[Report]

I don't need expert skills in trading because I try it with small capital.
For example, on the Binance market I tried and learned to trade with only 10 USD capital.
Because as far as I know, the minimum trade on Binance Spot is 10 USD.
By continuing to trade even though your capital is small, you will become an expert indirectly because you know the characteristics of each coin.

[labid846]

No even because no body start being an expert everything you want to learn  you will start then  patience and am understanding of the concepts is very important

[Thyplaymaker]

I don't need expert skills in trading because I try it with small capital.
For example, on the Binance market I tried and learned to trade with only 10 USD capital.
Because as far as I know, the minimum trade on Binance Spot is 10 USD.
By continuing to trade even though your capital is small, you will become an expert indirectly because you know the characteristics of each coin.

that's correct, well we don't need to be expert before thinking of trading , because one normally become expert in his journey of trading, but one thing we must need is a good knowledge on how trading works and how to manage it. That we don't have to start big Or rush things but to this with baby steps. And I like what you are doing start with small capital Inorder to gain some experience and also using spot trading is also a smart one would help in minimising Risk, because one starting with future trading may endup getting his self reckt through various losses or liquidation.

[DabsPoorVersion]

I don't need expert skills in trading because I try it with small capital.
For example, on the Binance market I tried and learned to trade with only 10 USD capital.
Because as far as I know, the minimum trade on Binance Spot is 10 USD.
By continuing to trade even though your capital is small, you will become an expert indirectly because you know the characteristics of each coin.

that's correct, well we don't need to be expert before thinking of trading , because one normally become expert in his journey of trading, but one thing we must need is a good knowledge on how trading works and how to manage it. That we don't have to start big Or rush things but to this with baby steps. And I like what you are doing start with small capital Inorder to gain some experience and also using spot trading is also a smart one would help in minimising Risk, because one starting with future trading may endup getting his self reckt through various losses or liquidation.

That's not true. As I understand his statement, he is referring to getting into trading using 10$. He simply tried to do trading even without trading knowledge, he simply based the meaning of being an expert if you continue to do trading which is not true because to be a good trader, you also need knowledge aside from experience to successfully initiate trading and be profitable.

You can't learn in trading if you only refer to experience. If you do this without knowledge, you might end up losing all your money before you can even learn anything about trading. Much better to use the money on trading courses if you are willing to lose money instead of losing it all on trading.

[Sevi]

In life you don't need to be good in everything as long as you doing  it right, it's fine.

[Sevi]

In trading you don't need to be good  or expert in trading or everything as long as you doing  it right, it's fine. And also you're willing to practice, the techniques and the flow of this business.

[UNIVERSE]

My only advice for newbie traders is back test your strategy very well and always follow your trading plan. Avoid the market if you can't see any setup that suit your criteria. Be a disciplined person because this is what you really need if you feel like your emotion is trying to control you.

.

Really expert? Actually No.
But, we need to be as prepared as possible before starting trading. Expert traders have also been beginners, right? but they succeeded in becoming experts, because they were ready to fight. Expert does not mean they never lose, but they are able to get more profits than losses.

Oh yes, regarding being a beginner, this is what I say to be as prepared as possible. namely being ready in terms of knowledge, the ability to control emotions and yourself, the ability to manage finances, the ability to analyze coins or tokens, the ability to analyze the market. And this all comes from studying first.

That's not true. As I understand his statement, he is referring to getting into trading using 10$. He simply tried to do trading even without trading knowledge, he simply based the meaning of being an expert if you continue to do trading which is not true because to be a good trader, you also need knowledge aside from experience to successfully initiate trading and be profitable.

You can't learn in trading if you only refer to experience. If you do this without knowledge, you might end up losing all your money before you can even learn anything about trading. Much better to use the money on trading courses if you are willing to lose money instead of losing it all on trading.

This is also an important point. Because beginners often make their trades based on information from other experienced traders. Often we know them only based on trading signals, whether paid or free. Meanwhile, this is actually not effective enough for beginners to do, unless they have this knowledge. Just relying on the trading signal, will not make them successful in trading. the risk is still big. I agree with you, because after all, trading is high risk. So yes, you really have to prepare ourself well, especially with your abilities and knowledge.

[Rruchi man]

I see a lot of posts replies that discourage trading.

It is not to discourage the new traders, just to let them know the truth about trading and the realities with it. Some newbies in trading believe that they can easily start making money and become rich once they know how to trade, it is not always so because the process to learning to trade is not a short time, it is something that requires patience and a lot of time to be dedicated towards. Trading is not as easy as you reasoned it to be, it requires a lot of skill.