Quote from: Yamifoud on October 17, 2022, 09:49:24 AM

Quote from: Silberman on October 17, 2022, 03:50:06 AM

Quote from: Altryist on October 16, 2022, 06:47:57 PM

Quote from: Cling18 on October 16, 2022, 05:06:35 PM

Even trading professionals fail and have losses in trading. The volatility of the market is unpredictable and not all analysis is accurate. We can't always rely on professionals because no one could predict the prices accurately with consistently. Applying the basics during confusion would be better than seeking for expert's opinion, especially during this bearish season.

If the knowledge is not enough to engage in trading, then you should not even start, because it will always end in a loss of money. If you listen to someone's advice, or use some kind of forecast, it will lead to the same result. Therefore, if you still want to trade, then you need to completely rely only on yourself. It will be difficult at first, but only in this way will you be able to understand this matter thoroughly and determine working strategies for yourself.

Newbies are always trying to find shortcuts believing they will find a way to earn money without acquiring any knowledge about the markets, and they could not be more wrong about this, there are no shortcuts, trading is a very difficult subject and if they are not willing to learn then they need to say away from it, but they refuse to do so because of their greed, and that is when disaster strikes them, since it does not matter what they may try it is almost impossible to earn any money when they are completely ignorant about how the markets really work.

Realization comes after a bad experience like losing their capital for being greedy and incapable. That is why I let these newbies believe what they think about trading, doing shortcuts, and joining signal groups...because in this way they will see the difference between having full knowledge in trading versus when we are jumping on trading with empty knowledge just because someone pretending to help them. Could be unfortunate but still, a lot of newbies are doing this.

Without a doubt a great deal of newbies will not learn any other way than to experiment those losses on their own, however while such a strategy is fine to be implemented when it comes to almost another topic at the same time such a strategy is incredibly costly in this market, which allow us to explain why so many newbies lose all their capital and they finally understand they need to study the markets to get some profits but by the time they make this realization their losses are massive already.