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Author Topic: Be knowledgeable before thinking of trading.  (Read 5408 times)

Offline ajiz138

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Re: Be knowledgeable before thinking of trading.
« Reply #90 on: February 27, 2025, 02:03:23 PM »
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.
But it cannot be said as risk taking if all is done without knowledge, it is closer to gambling. Because all risk taking must be based on clear reasons, and in this case knowledge is the more reasonable thing, then maybe there is experience and others.

In trading no one can avoid losses, no matter how good, no matter how smart someone is, they still feel losses. it's just that what's different is how they can minimize it with all the management applied when trading.

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Re: Be knowledgeable before thinking of trading.
« Reply #90 on: February 27, 2025, 02:03:23 PM »

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Re: Be knowledgeable before thinking of trading.
« Reply #91 on: February 28, 2025, 02:47:46 PM »

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.

For me, the best thing is to trade with a small balance, never with a large balance and betting a lot, apart from the fact that getting enough balance is difficult and easy to lose, it is much better to start with little so that things are better.

The fact of starting with little money in trading means that it requires that each trade has to be won, a lot of assertiveness is needed, it is better this way so that it is seen that the value of things is strong and you have to work hard.
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Re: Be knowledgeable before thinking of trading.
« Reply #91 on: February 28, 2025, 02:47:46 PM »

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Offline Mr. Magkaisa

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Re: Be knowledgeable before thinking of trading.
« Reply #92 on: February 28, 2025, 03:28:48 PM »
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.

       -        Knowledge is important in trading, you can't just gamble without knowing anything about trading, because this can be considered our own business and
passive income in the near future.

And everyone should also know where they should enter properly when entering and exiting an asset that we will buy, so we need to be researching or Dyor as other communities have always called it for a long time.

Offline bitterguy28

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Re: Be knowledgeable before thinking of trading.
« Reply #93 on: February 28, 2025, 07:24:22 PM »
For me, the best thing is to trade with a small balance, never with a large balance and betting a lot, apart from the fact that getting enough balance is difficult and easy to lose, it is much better to start with little so that things are better.
if you are just starting to trade yes it is best if you do not put all of your money because you surely are going to make mistakes no matter how much preparation you make it is unavoidable to make mistakes because the real live market is so different from all the other practice ones

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Re: Be knowledgeable before thinking of trading.
« Reply #94 on: February 28, 2025, 11:14:23 PM »
For me, the best thing is to trade with a small balance, never with a large balance and betting a lot, apart from the fact that getting enough balance is difficult and easy to lose, it is much better to start with little so that things are better.
if you are just starting to trade yes it is best if you do not put all of your money because you surely are going to make mistakes no matter how much preparation you make it is unavoidable to make mistakes because the real live market is so different from all the other practice ones
If you are just learning trading, it is better to use a small capital, if you have started to understand trading and can make the right analysis, we can increase our capital.
In trading, you need knowledge and experience and of course this requires practice that we should do repeatedly so that we can be skilled.

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Re: Be knowledgeable before thinking of trading.
« Reply #95 on: March 04, 2025, 03:41:26 AM »
if you are just starting to trade yes it is best if you do not put all of your money because you surely are going to make mistakes no matter how much preparation you make it is unavoidable to make mistakes because the real live market is so different from all the other practice ones
I have always said something, money is earned by Knowing , what I Know is what makes me earn money, there is no other way, so when we do things like this , we go and have an order and a ready and assigned direction, it is a thousand times to think before Accepting the Tradition of Doing and letting yourself be carried away by feelings, impulses, by what some say about: "I think this will happen..."

If we read, we have many things that we learn, we will have more Bases to operate, to be more secure and think with more bases, that is the advantage.
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Offline $crypto$

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Re: Be knowledgeable before thinking of trading.
« Reply #96 on: March 04, 2025, 12:09:45 PM »
If you are just learning trading, it is better to use a small capital, if you have started to understand trading and can make the right analysis, we can increase our capital.
In trading, you need knowledge and experience and of course this requires practice that we should do repeatedly so that we can be skilled.
For beginners, do not bring a large amount of money, because if we experience a loss, it will make our mentality collapse. Because in trading, not only knowledge about the market is very important, but mentality must also be considered.

Maybe this has nothing to do directly with the market, but it is related to our psychology, where if we are not calm then it makes trading messy.

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Re: Be knowledgeable before thinking of trading.
« Reply #96 on: March 04, 2025, 12:09:45 PM »


Offline Vx1

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Re: Be knowledgeable before thinking of trading.
« Reply #97 on: March 04, 2025, 05:19:57 PM »
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.
this is very true, before entering the market we must learn first. There are many theories in cryptocurrency trading that must be learned, but in my opinion we also need to learn directly in the market. So we need to trade, so that we have direct experience. while trading, we continue to learn.

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Re: Be knowledgeable before thinking of trading.
« Reply #98 on: March 05, 2025, 08:14:47 AM »
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 is really what every trader who enters the trading business in the crypto industry that we are in should do. No one who knows nothing about trading is allowed, this is the truth that everyone who enters this field of the crypto space should know.

I also believe that Knowledge is power, in which means that without knowledge there is no power for sure, or we will not get any profit from trading for sure in the end.

Offline milewilda

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Re: Be knowledgeable before thinking of trading.
« Reply #99 on: March 05, 2025, 11:21:48 AM »
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 is really what every trader who enters the trading business in the crypto industry that we are in should do. No one who knows nothing about trading is allowed, this is the truth that everyone who enters this field of the crypto space should know.

I also believe that Knowledge is power, in which means that without knowledge there is no power for sure, or we will not get any profit from trading for sure in the end.
Knowledge is indeed power, because if you do let yourself dealing up with something without proper knowledge and awareness of the things you do get involved then you are just indeed doing gambling.How much more if you are dealing up with a volatile space on which involves buying and selling assets? You would really be needing up to be knowledgeable to deal up with this volatile space. You cant really be just that making yourself that being careless or wont be having any plans on trying out to deal up with something because that would really be causing up that loses of money and since we dont really like on losing money then its a normal approach that you will really be making out some adjustments at the time that you will really be facing up some loses.

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Re: Be knowledgeable before thinking of trading.
« Reply #100 on: March 05, 2025, 02:50:45 PM »
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 is really what every trader who enters the trading business in the crypto industry that we are in should do. No one who knows nothing about trading is allowed, this is the truth that everyone who enters this field of the crypto space should know.

I also believe that Knowledge is power, in which means that without knowledge there is no power for sure, or we will not get any profit from trading for sure in the end.
Knowledge is indeed power, because if you do let yourself dealing up with something without proper knowledge and awareness of the things you do get involved then you are just indeed doing gambling.How much more if you are dealing up with a volatile space on which involves buying and selling assets? You would really be needing up to be knowledgeable to deal up with this volatile space. You cant really be just that making yourself that being careless or wont be having any plans on trying out to deal up with something because that would really be causing up that loses of money and since we dont really like on losing money then its a normal approach that you will really be making out some adjustments at the time that you will really be facing up some loses.
I agree with you who said that knowledge is power and this is the main thing and we must have it as investors. Moreover, in trading we really need knowledge because we have to make analysis and strategies that are close to accurate, and the ever-changing crypto market makes us have to be ready for all those changes.
We must have knowledge about crypto and all the things that make us understand crypto and all its risks.

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Re: Be knowledgeable before thinking of trading.
« Reply #101 on: March 05, 2025, 03:26:23 PM »
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 is really what every trader who enters the trading business in the crypto industry that we are in should do. No one who knows nothing about trading is allowed, this is the truth that everyone who enters this field of the crypto space should know.

I also believe that Knowledge is power, in which means that without knowledge there is no power for sure, or we will not get any profit from trading for sure in the end.
Knowledge is indeed power, because if you do let yourself dealing up with something without proper knowledge and awareness of the things you do get involved then you are just indeed doing gambling.How much more if you are dealing up with a volatile space on which involves buying and selling assets? You would really be needing up to be knowledgeable to deal up with this volatile space. You cant really be just that making yourself that being careless or wont be having any plans on trying out to deal up with something because that would really be causing up that loses of money and since we dont really like on losing money then its a normal approach that you will really be making out some adjustments at the time that you will really be facing up some loses.
I agree with you who said that knowledge is power and this is the main thing and we must have it as investors. Moreover, in trading we really need knowledge because we have to make analysis and strategies that are close to accurate, and the ever-changing crypto market makes us have to be ready for all those changes.
We must have knowledge about crypto and all the things that make us understand crypto and all its risks.
Everything in the world requires knowledge to learn how to do something, especially in trading. If you don't have knowledge about it, don't try it because it will definitely waste your money. Even small knowledge in trading that you don't know can be the reason for your money to be depleted. An example of that is the Isolated and Cross-margin mode, if you don't know that, it can ruin your port.

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Re: Be knowledgeable before thinking of trading.
« Reply #102 on: March 06, 2025, 10:02:20 PM »

Everything in the world requires knowledge to learn how to do something, especially in trading. If you don't have knowledge about it, don't try it because it will definitely waste your money. Even small knowledge in trading that you don't know can be the reason for your money to be depleted. An example of that is the Isolated and Cross-margin mode, if you don't know that, it can ruin your port.
I agree with what you said, in this world knowledge is needed. In investing in crypto and trading knowledge is very much needed because with knowledge we can get profit. Because everything must be based on the analysis and knowledge that we have. So that we do not experience losses in trading.

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Re: Be knowledgeable before thinking of trading.
« Reply #103 on: March 07, 2025, 03:18:41 PM »

Everything in the world requires knowledge to learn how to do something, especially in trading. If you don't have knowledge about it, don't try it because it will definitely waste your money. Even small knowledge in trading that you don't know can be the reason for your money to be depleted. An example of that is the Isolated and Cross-margin mode, if you don't know that, it can ruin your port.
I agree with what you said, in this world knowledge is needed. In investing in crypto and trading knowledge is very much needed because with knowledge we can get profit. Because everything must be based on the analysis and knowledge that we have. So that we do not experience losses in trading.
Yeah, true. Just imagine even in your place, who makes the most money those who have knowledge or those who are not? Of course, those who have. In a specific aspect of life, let us say someone is hiring for a driver, do you think you will be hired if you don't know how to drive? Same with trading, it's hard to become profitable if you don't have enough knowledge in trading, it's a must if you want to become profitable.

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Re: Be knowledgeable before thinking of trading.
« Reply #104 on: March 07, 2025, 04:11:57 PM »
this is very true, before entering the market we must learn first. There are many theories in cryptocurrency trading that must be learned, but in my opinion we also need to learn directly in the market. So we need to trade, so that we have direct experience. while trading, we continue to learn.

The exchanges have made it easy for everyone to learn about trading this days, you can do what you want in a demo trade of exchanges, you can test everything you learn in YouTube and from pdf through the platform but people don't want to do that, they want to make money from something they don't understand and that's why they keep losing money.

I have not been active in trading but my pnl in the last 30 days has made me something good, I'm positive with all I have done and that was through the knowledge I have learned from years back. If you don't learn, you will use years to make loss.
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