Quote from: Sakanwa on February 21, 2023, 12:59:02 AM

Someone met me and we were had a conversation on trade and he told me that he has used all he has been saving for trading and asked me if he can make something out of it and I asked him if he had any knowledge about it and he said no.

My question is can someone that doesn't have any knowledge about trading and how the system work can he or she trade and be profitable in it? Since at some points it has some compliments bof luck.
After some time of discussion, he has been told that it's just for them to choose on the candles sticks if it's up the they want to choose or the one going up just with this idea can they trade with such an idea.
so I wan to know if it's right for the person to begin trading?

If the person looks serious, there is a high chance that he will make a profit, but one piece of advice I will give is that he needs to be patient and should not use all of his savings to trade, he should start using the money saved bit by bit, and when he starts making a profit, he can also increase the money used in trading. All this is just to help you reduce the amount you will lose when you start trading. You only lose a small amount of money out of your savings since you did not do anything. and his not knowing is an error already. because after thinking of trading and having the resources, the next thing should be seeking knowledge, and then you can start learning what you have learned. and answer your question with a simple answer: No, there is no way you will make a profit without having an idea of doing the necessary things.

Quote from: 2Pizza410000BTC on March 15, 2024, 11:49:54 PM

I think trading is not right for someone who knows nothing about trading. If trading is done without acquiring the strategy or trading knowledge in the trading platform then he will definitely lose his money. And if he gets some knowledge about trading then he can earn some money from trading platform from time to time. If one relies on luck at some points in the trading platform but if one does not know the trading strategy he will surely suffer then luck will not work on him. So I think it is right for new people who don't know anything to come to the trading platform and I think holding is best for them.

The seriousness will have to come after knowing that seriousness can come, If it were that way, then what is the relevance of going to school? We would have just gone straight up to our position and that shows the importance of learning. After learning, you will need to learn cheats on how to make a profit because there are trading books for dummies but people don't give value to reading they just want to make money. One thing I love is that when they make mistakes, they either give up or then continue because plenty of them want to trade and avoid learning and they start showing some very bad habits while they are trading. Everyone will keep saying it seek knowledge first.