Quote from: Bravut on April 07, 2024, 11:07:56 PM

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?

No it not the right time for such person, he should be more patient to learn from scratch to advance before he ever think of risking his money.
Lol, it's funny how most persons think they can make money off the market without having a solid knowledge.

As far I know Knowledge comes before one can earn when it comes to trading or any skill at all. What you have to do is to guide him till you are satisfied that he has assimilated everything been taught. And he should also know that trading is about being patient and discipline, and not a quick money making scheme.

He can also apply for Mentorship programme, were he will be guided, and be with the right community to sharpen his knowledge.

Knowledge leads to make a good earnings, it applies to most venue of investments and businesses, the more you engage yourself and the more you know how things works the better opportunities that opened for you to succeed, it's not just an easy access to make a fortune but with dedications and focus it's acheivable to most who really wanted to have a good success from their chosen venue of investment.

Trading is for those who wanted to have a continuous learning and not jsut for those who wanted to have a short-cut to make money it can turned the other side and instead of making money, you'll lose a lot.