Quote from: Mauser on February 25, 2024, 10:10:25 AM

Quote from: letteredhub on January 27, 2024, 10:52:55 PM

Newbies when it comes to trading you have to work on discovering yourself and not to basically depend on a third-party or trading signals before you can execute a trade. You can rely on signals from those you view as professionals and still would not make profits and the reason for this isn't far fetched from the truth. It is because since it's not your analytics you have no comprehension to build confidence on the basis to why the signal request you to either sell or buy which makes any little falllback, retreat or retracements of the market in the process of your trading causes you a cold feet and extreme fright.

So the earlier every newbie interested trader understands that the period he/she could use to seriously learn how to trade no matter how short the period could be in acquiring the right ideas/knowledge about trading to make you selfreliance, you'll be exhuming yourself from days to years of reliance on signals that not even have the potent to making you profit compared to that which comes directly out of your own self-made analytical work.

While it's true that beginners in the trading world will need to spend a lot of time on learning and getting the necessary experience to become successful, I believe that everybody should keep learning new things. Even the best trader in the crypto world with an awesome track record can learn new things that will improve his trades in the future. Just because we are doing well today, is no guarantee that it's going to stay like this forever. The crypto markets are changing all the time and we need to adapt to stay ahead. Which is why I would recommend to stick to the learning phase as long as possible. Don't just think that after a few good trades that you know everything and never need to learn more anymore. For me this will always be a constant process, to evaluate if things are moving in the right direction, or if I need to understand the current situations better and go back to learning more.

Learning would comes from real experience. Period!