education Ignorance in trading

[Keith700 1885]

Normally in Trading those who know do not speak, and those who speak do not know. This is extremely useful because it shows you all the things you need to avoid before reaching success. Any layman who looks at a graph concludes that trading has to be considerably easy, and that is part of the attraction. At the end of the day, anyone can look at a graph and clearly see entry and exit points. However, it is much harder to do it in real time. There is a tendency to want to buy at the lowest and never leave the trade even if it drops further. If that happens, a rookie will continue the trade with the hope that it will rise again, it is just an example of how the lack of education and discipline plunges most market operators.

[Zzoro6110 19]

Your words are true I agree with you in all that I said
The trader should be patient and hold himself
And the use of the mind and not feelings

[Nicecrypto 543]

On 10/22/2019 at 3:17 PM, Keith700 said:

Normally in Trading those who know do not speak, and those who speak do not know. This is extremely useful because it shows you all the things you need to avoid before reaching success. Any layman who looks at a graph concludes that trading has to be considerably easy, and that is part of the attraction. At the end of the day, anyone can look at a graph and clearly see entry and exit points. However, it is much harder to do it in real time. There is a tendency to want to buy at the lowest and never leave the trade even if it drops further. If that happens, a rookie will continue the trade with the hope that it will rise again, it is just an example of how the lack of education and discipline plunges most market operators.

But we want those that know that is the experience trader to speak so as to educate the ones that don't know. If we don't have the experts to learn from how then do we learn? It is true trading isn't easy and need knowledge and you most be willing to learn to know and to be able execute better trades. 

[spyaquino 907]

But practically we all start out ignorant in this trading business. But it remains ignorant who wants, who does not seek knowledge, who does not strive to understand that 2 + 2 = 4, who thinks everything comes easy. That is to remain in ignorance. In trading, in trading, to be successful we have to be aware that we need to seek knowledge, and over the years will add to the practice, which will make us experienced and wise, and we will be one step closer to success !!

Edited October 25, 2019 by spyaquino

[cryptokram 102]

Ignorance in trading will lead you only into nothing but to loss you assets, that's why before you enter into this industry you must be at least knowledgeable, so that all the effort and time will no be turn into waste.  

[Thekingcallme 1975]

On 10/22/2019 at 3:36 PM, Zzoro6110 said:

Your words are true I agree with you in all that I said
The trader should be patient and hold himself
And the use of the mind and not feelings

It is like hunting to be patient to catch a good catch
If you rush, you may be hunting, becoming prey and losing everything

[ultimateclub 392]

I appreciate you. Most of us don't know how to trade property for the lack of proper knowledge. Specially the newbies who shows very much interest to trade but they lost their money. They don't want to study the graphs as well as analysis past data. They only think, they have to buy a particular coin and when the price will be increased than will sale it. But this theory is not helpful rather in this way they may lose all their money. 

[bentayebsalah 2280]

On 10/27/2019 at 5:29 PM, Thekingcallme said:

It is like hunting to be patient to catch a good catch
If you rush, you may be hunting, becoming prey and losing everything

Yes it is like fishing and it has to be a lot impatient
In order to get benefit in the end
Do not rush or be greedy to be always safe

[Thekingcallme 1975]

1 hour ago, bentayebsalah said:

Yes it is like fishing and it has to be a lot impatient
In order to get benefit in the end
Do not rush or be greedy to be always safe

3 very important things must be a successful trader
Patience
Durability
Contentment and lack of greed
Not recklessness

[Casinoval 330]

Ignorance in trading will always lead you to loses on your investment, the crypto market  can be bad for those with out knowledge, so many newbie as lost their investment thinking things were easy.

[bentayebsalah 2280]

On 10/29/2019 at 5:53 PM, Thekingcallme said:

3 very important things must be a successful trader
Patience
Durability
Contentment and lack of greed
Not recklessness

These can be considered as golden tips and should be considered by the trader as a reference that should not be deviated from him because this is dangerous.

[lakhlomoha 485]

Experience and learning is side to side to improve your trading skills,the experience you can have it by the time and mistake you do,but if you don't learn how to use your experience to minimize the risk you can't go forward and you stay in the same place  

[Luciferludz 1442]

In trading you don't have to be ignorance you should be creative but if you think your self is ignorance its good if you do not try trading its good to gamble in my opinions.

[Keith700 1885]

On 10/29/2019 at 9:00 AM, igglybuff said:

The biggest problem is the greedy of new traders believe they can make thousands of dollars without knowledge and with little capital, trading requires a lot of discipline and patience, otherwise you will become fearful or greedy, the ego will swell when you have winning trades and It will explode like a balloon when you have a loss.

Very clear what you let us know, I can even tell you that that's why many leave the world of trading and few take your words as an accurate lesson for the required advance.
Each trader has a different way of learning, perhaps for you it is more difficult and for others much easier, the perspective is everything when you are clear about what you want.

[Khan 1414]

On 10/22/2019 at 7:36 PM, Zzoro6110 said:

Your words are true I agree with you in all that I said
The trader should be patient and hold himself
And the use of the mind and not feelings

Yes it is that trader should be in the relax mode and also they have to keep theirself away form the rush trading and they have to get some knowledge before trading.

[flomopeter 135]

Many in the crypto world trade with ignorance they just trade because they think, just by trading cryptocurrencies you will make money, at the end they lose a lot of money because they don't try to understand what cryptocurrency trading is, Knowledge is power.

[IrinaLavrinova 365]

Each trader has his own weaknesses, whether it is a pro or a beginner. Most often they are of a psychological nature that must be fought, otherwise it is difficult to achieve successful trading.

[Mathers 295]

On 10/22/2019 at 3:36 PM, Zzoro6110 said:

Your words are true I agree with you in all that I said
The trader should be patient and hold himself
And the use of the mind and not feelings

There is a come phrase that goes thus trade with your head not your heart, always set aside personal sentiments when trading and use logical reasoning.

[kobi 86]

On 11/1/2019 at 5:31 PM, MumtazRioz said:

I think ignorance is the best way to have over confidence and lose all money quickly since no importance is given to indicators. Trading becomes more like gambling and chances of profits become less.

Talking about indicators, does indicators really perform in terms of pointing out to us the right conditions where we can base of trading decisions on, because most times signals gotten from indicators fail.

[Lucifer 134]

If you do not know what you do it is complicated that you become a long-term winning trader, it is like trying to repair one thing the probability that you damage it is higher, the same happens in trading, if you think the price will go to a site just because you feel that it is the right thing to lose money for that.

[Bitxalt 452]

this problem is the same as what I wrote in my signature "trade what you see, not what you expect", we must analyze the market, not regulate market movements, of course we will lose if we only expect, because we cannot fight the flow of price movements.

[Naga 1250]

Ignorance in trading is the worst enemy of a trader because without knowledge of how the market woeks will always have you buying high and selling low. 

[ultimateclub 392]

Ignorance is not good to anything indeed. Assume that, you are an army personnel and sent you to the war field without getting any training. You don't know how to trigger a gun to the targeted position. Than what will be happened with you? The trading platform is one kind of just like that. There are about 3000+ coins in the market. You have to analyze the market positions and numerous coins and forecasting. Besides these a lot of things to know. 

[bean 515]

Ignorance in cryptocurrency trading is most likely to lead you to failing, you should try to get as much knowledge on cryptocurrency market before you start trading, don't go in blind.

[Wrath 149]

Ignorance is not good for trading, not knowing about trading and start trading will leave you vulnerable to the market and you wouldn't know what to do when certain things start to happen.