Be knowledgeable before thinking of trading.

[omori]

cryptotrading is a platform where people earn a better profit yes but if you lack the knowledge of evaluating the trading market then you loose instead of earning,so in conclusion trading without knowledge is a waste effort.

Trading should be done just with the starter knowledge, at least, to start gaining expertise and trying out things that are only known in theory by a person.
There is no practice without theory and no expertise without practice.

[Mr. Magkaisa]

Trading have a wide knowledge,you must learn the basic foundation as a beginner,trading is not a platform you rush into,according to traders they say knowledge is power,you must know the broker to trade with,and also trading brings out patience in you,and remember you must start small and know your limits of trading.

         -       That's why most community members here on the forum always remind newbies to study or learn about trading first, and start with the basics first.
Because trading is like schooling that doesn't need to be rushed.

You have to go through elementary, high school and college to become a degree holder, same goes for trading, there is almost no difference in which is it is forbidden to not know anything about trading.

[LUCKMCFLY]

yeah, everyone can involve in trading but not all can make a profit why because they are not equipped,when you don't have that proper knowledge you loose everything in a seconds,they don't perfect trading in a month is a continous research.

This is very true, in fact when we operate we have to consider many things, not knowing makes us guess as if we were in a casino, playing by luck or because we feel like it, what I recommend is reading books, and if it is about market speculation it is much better because that is the only way they Comment on their experiences and that helps under the technical foundations that they applied for that moment , so that applies now, and by reading books you have solid foundations, enough to say that courses , videos, among other things are good, lies or bad.

[Penlex_Writer]

Yes, trading is not just a fun outing to make easy money, it is a long journey of learning, patience, mistakes and learning until you gain the knowledge and experience that qualifies you to be a good trader.

The first step in trading is learning, many people make mistakes and start trading immediately without knowledge because they think trading is easy, it is just buying at a low price and selling at a higher price, when they start receiving successive losses they realize their mistake and realize that trading is much deeper and broader than that.

agree,trading is a long journey of learning,patience and so on,before thinking of starting tradong you must first have that basics(knowledge),trading is everyday learning and acquiring new experience,in conclusion you need acquire knowledge before taking decissions.

[omori]

agree,trading is a long journey of learning,patience and so on,before thinking of starting tradong you must first have that basics(knowledge),trading is everyday learning and acquiring new experience,in conclusion you need acquire knowledge before taking decissions.

Trading is about making mistakes, adapting on them, and succeeding in the end.
If you don't want to experience such things - then a person should learn how to invest properly.

[Mia Chloe]

agree,trading is a long journey of learning,patience and so on,before thinking of starting tradong you must first have that basics(knowledge),trading is everyday learning and acquiring new experience,in conclusion you need acquire knowledge before taking decissions.

Yeah you do have a point, trading actually requires a lot of things for you to become successful and the fact is as a trader or a newbie trader rather, it's best you focus on honing your strategy and making sure that you gain the right experience and information. There's a lot of misleading information out there about many topics and trading too is one of them also.
Aside from having a good capital too, one major thing Is experience also. It takes more than knowing a particular analysis to having multiple successful trades. Experience over time makes you more familiar with the market and it's dynamics.

[sampoerna]

This is very true, in fact when we operate we have to consider many things, not knowing makes us guess as if we were in a casino, playing by luck or because we feel like it, what I recommend is reading books, and if it is about market speculation it is much better because that is the only way they Comment on their experiences and that helps under the technical foundations that they applied for that moment , so that applies now, and by reading books you have solid foundations, enough to say that courses , videos, among other things are good, lies or bad.

In trading, playing luck is really similar to gambling. And even in gambling, there is also an analysis for skill-based games. It's just that in trading, especially playing with high leverage, in Future trading, without preparation and maturity of knowledge, ah that's really betting like gambling.

And for anyone who wants to undergo and learn about crypto trading, it's actually not a problem. It's just that you really have to prepare thoroughly, in terms of emotional control, knowledge, insight, the ability to analyze both TA and FA, risk management, and others, so that we don't do it blindly and based on luck alone.

And of course, to be honest, this won't be easy. In theory, this can be easily learned, but in practice, it's also not easy. It takes good discipline and consistency too.

[DragonF]

         -       That's why most community members here on the forum always remind newbies to study or learn about trading first, and start with the basics first.
Because trading is like schooling that doesn't need to be rushed.

You have to go through elementary, high school and college to become a degree holder, same goes for trading, there is almost no difference in which is it is forbidden to not know anything about trading.

Exactly, it is like getting a new item, and you will need to read the manual to figure out how to use it. Trading can only be profitable for traders who understand how to trade. If you are not knowledgeable about trading, you may not have a successful trading history.

People trade for one reason: to make money. When a trader has a poor trading history, it indicates that he lacks knowledge of the fundamentals of trading and thus may not be profiting from his trades, and trading is such that understanding the fundamentals will result in profit.

[legend45]

agree,trading is a long journey of learning,patience and so on,before thinking of starting tradong you must first have that basics(knowledge),trading is everyday learning and acquiring new experience,in conclusion you need acquire knowledge before taking decissions.

Yeah you do have a point, trading actually requires a lot of things for you to become successful and the fact is as a trader or a newbie trader rather, it's best you focus on honing your strategy and making sure that you gain the right experience and information. There's a lot of misleading information out there about many topics and trading too is one of them also.
Aside from having a good capital too, one major thing Is experience also. It takes more than knowing a particular analysis to having multiple successful trades. Experience over time makes you more familiar with the market and it's dynamics.

We must be able to sort out which information is true and which is not so as not to get lost. For a trader must seek knowledge and always hone skills in trading. I agree with this opinion. We must always learn.

[Chilwell]

agree,trading is a long journey of learning,patience and so on,before thinking of starting tradong you must first have that basics(knowledge),trading is everyday learning and acquiring new experience,in conclusion you need acquire knowledge before taking decissions.

Yeah you do have a point, trading actually requires a lot of things for you to become successful and the fact is as a trader or a newbie trader rather, it's best you focus on honing your strategy and making sure that you gain the right experience and information. There's a lot of misleading information out there about many topics and trading too is one of them also.
Aside from having a good capital too, one major thing Is experience also. It takes more than knowing a particular analysis to having multiple successful trades. Experience over time makes you more familiar with the market and it's dynamics.

Before starting to trade, it's essential to consider several factors. Acquiring knowledge is important, but it's equally important to find transformative information that can reform your trading approach. Because There's a difference between information and reformation. Information is knowledge that you've acquired, but haven't necessarily applied. Reformation, on the other hand, involves applying the knowledge you've gained to change your approach for the better.

In trading, reformation is vital. It's not enough to simply acquire knowledge; you must also understand how to manage risk, avoid greed and selfishness, and apply the advice of experienced traders. By reforming your approach and following sound advice, you'll be better equipped to become a successful trader.

[LUCKMCFLY]

And of course, to be honest, this won't be easy. In theory, this can be easily learned, but in practice, it's also not easy. It takes good discipline and consistency too.

Yes, that is a fact, for me things with trading start from the most fundamental thing, which is only risk the money that I can afford to lose, that is a fact, however things can be as the trader puts them in his way of seeing them, I could say that trading is a learning all the time, you have to see many things, the theory, the practice, the way of operating, but above all you have to see that money is the most important thing in this case of trading, trading can decapitalize us, that is why you have to take it with patience, with calm with each well-planned move.

[Chilwell]

cryptotrading is a platform where people earn a better profit yes but if you lack the knowledge of evaluating the trading market then you loose instead of earning,so in conclusion trading without knowledge is a waste effort.

Trading should be done just with the starter knowledge, at least, to start gaining expertise and trying out things that are only known in theory by a person.
There is no practice without theory and no expertise without practice.

Before someone should even think of starting trading, it is very essential to acquire comprehensive knowledge, because trading involves various risks, and it is essential for individuals to be aware of them, understand them and also how to manage them. Trading is unpredictable and it is not a get rich quick thing, it requires careful consideration, education, patient, hard work, preparation and understanding for you to get some experiences and practicalize them, and you will become an expert if you keep testing your skills and experience, as a saying goes "practice make perfect".

[bettercrypto]

Trading have a wide knowledge,you must learn the basic foundation as a beginner,trading is not a platform you rush into,according to traders they say knowledge is power,you must know the broker to trade with,and also trading brings out patience in you,and remember you must start small and know your limits of trading.

The question is, what is the basic foundation that someone who is just starting out in crypto trading should know? This is where problems often arise, right? But even so, it is said that a simple thing does not need to be complicated to understand it.

So the best way here is to start with a small capital, and while doing actual trading activity, learn the dos and don'ts. This is just what other traders in this field
do most of the time.

[milewilda]

cryptotrading is a platform where people earn a better profit yes but if you lack the knowledge of evaluating the trading market then you loose instead of earning,so in conclusion trading without knowledge is a waste effort.

Trading should be done just with the starter knowledge, at least, to start gaining expertise and trying out things that are only known in theory by a person.
There is no practice without theory and no expertise without practice.

Before someone should even think of starting trading, it is very essential to acquire comprehensive knowledge, because trading involves various risks, and it is essential for individuals to be aware of them, understand them and also how to manage them. Trading is unpredictable and it is not a get rich quick thing, it requires careful consideration, education, patient, hard work, preparation and understanding for you to get some experiences and practicalize them, and you will become an expert if you keep testing your skills and experience, as a saying goes "practice make perfect".

Do your research and this is indeed the basic stuff on which its not really that recommended that you would really be diving directly without even knowing on what you are really that dealing on with? You will really be just that basically losing tons of money if you will really be that not making yourself being prepared into the things that you are dealing on with. You cant really just that make yourself that rushing up because trading skills isnt something that you can learn in as short time and it does really need up that sufficient time and effort before you can be able to have a g ood grasps into it. Just dont rush up yourself on learning up things because if you do find yourself that being desperate or pushy then this is really that bound into tons of mistakes.

[bhadz]

It is always easy to say that be knowledgeable and have understanding in trading so that you won't. But take this, even the best and the brightest and the most knowledgeable in trading still expect some losses. And if they are expecting to have some losses, then it's also good for someone who has an idea that trading should be for those who are real risk takers and not only those that want to trade for profits because they've heard it somewhere.