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?
To trade, you must gain detailed experience about trading. If you can master the basic concepts of trading in the initial stage, then you can quickly become experienced about trading. Many times people fail to succeed in trading even after following the theoretical aspects of trading because the theoretical aspects have no basis in reality.
If someone doesn't understand about trading and has no experience with trading systems then he is lucky if he trades any coin and makes a profit from that trade. Because if you don't have experience in trading, you can never make a profit by trading. Trading is not a simple thing Newbies may think that trading is easy but the first thing you need to do is to control your emotions. When we buy a coin while trading, when the price of that coin drops, we get emotional and plan to sell that coin immediately. We end up regretting it when we sell that coin and then see a few rebounds in price.
Finally I would like to say that those who want to master trading should definitely try out your trading plan with a demo account.