Post
Topic
Board Trading Discussion
Re: How long to learn trading?
by
stomachgrowls
on 07/05/2024, 19:14:54 UTC
Actually, it was the other year before they really understood the trading here in the cryptocurrency business field. Trading is a great deal, and there is no shortcut here, honestly speaking. From my own experience, it took me 3 years to fully understand it.

And like everyone else, until now I have never stopped studying this trading because I still don't fully understand it, but I just understand it a little. And that's what an individual trader needs to do.

That's right, learning to trade is a constant process that requires study and adaptation to market conditions. In addition to having theoretical basic knowledge, it is important to be able to apply this knowledge in each individual situation. I think a few years should be enough to understand trading, and I'm talking about a few years of practice, not just studying theory. There are many different strategies, and it's up to you to try them out and see what works best for you.

I think above one year is an effective time that can give you enough understanding and knowledge about the world of trading especially to understand theoretically, but it is not enough because anyway as long as the market is still moving then you still have to continue to learn to adapt to the market and get to know more about the nature of the market which can take a long time because you need several experiments to make sure that the market has such properties especially at certain times.

In my opinion, the most difficult thing is to identify the nature of the market which usually means that I often make mistakes in applying strategies, or I mean it is difficult to apply strategy A in a market that is A which mostly I am fooled because of several factors such as hesitation to make a trading position because of a sense of concern that is difficult to ignore completely, which means as you said above that we need quite a lot of time to practice with the aim of getting used to and adapting to the circumstances and nature of the market. Some professional traders or those who are already successful in the trading field usually already know and understand most of the traits that the market has so that they can apply strategies in the right situations and conditions that are likely to turn decisions into profits.
Actually there would really be no fixed schedule or moment or time that would really be telling you that you have alredy learned everything in trading. You would really be finding yourself to be making money and tell
that you are really that doing fine and there would be no fixed time for that because we know that each person is really that different when it comes to learning things on which there are ones who do fast on learning and there are ones who are slow. 1 year is something that realistic but there are individuals who had made it on 6 months or bit more shorter but of course shorter time means that experience isnt really that much in compared into those people who had been here on this market for a while on which it would really be something better that you would really be needing up to realize on.

The important thing on here is on how to make yourself that sustaining on the time that you've been doing trading and never ever make yourself that in a rush up because if you do
then this is where mistakes do really happen and this is something that we should be stopping on doing so.