Re: The Best Way to Learn How to Trade

Raw truth right here. You don’t learn trading by passively reading 100 books, you learn by doing it.

Start small, trade often, and turn every confusion into a search query. Obsession is underrated in this game.

Learn, Apply, Google and Repeat.

https://x.com/emperorbtc/status/1924012746296696835?s=46

I totally agree with you, The best way to learn trading is to start trading, because after all that they will teach you on YouTube video tutorials, Books and other ways, but when you enter the real market or chart, I bet you that you definitely will begin to doubt all you've learned so far about trading but when you start trading and with consistency, but newbies avoid to start trading and scared of losing money so they're avoiding to trade a live account as a beginner.

The experience and knowledge that a new trader can gain by actually trading will definitely be much deeper and more effective, you can never gain deep and effective knowledge by reading books or watching videos, which you can gain through real trading first. However, one thing is definitely important that after gaining general knowledge in the initial stage, you have to do real trading with a limited amount of money. Because general knowledge must be gained, there is no alternative to gain general knowledge in the first stage, only after general knowledge will you move towards gaining deep knowledge.

After you experience and actual trading process it's time for you to balance yourself in both financial and mental setup, there are so many factors that you need to consider since not usual that you'll be able to execute and have that same outcome each time you place your position, and for that, you need to set things up as making a small mistake can bring huge effects with your finances, knowing your limits and setting it up to a position where you can afford letting things up if the situation ain't favorable to your side.