Why self-training is a bad idea for beginner traders

[Karani 99]

For starters, there’s too much information about trading online. A beginner may find it hard to know what is relevant. Self-training also exposes you to frauds. Because of their their experience, tutors can identify genuine products and spot scams.

[Kusumo234 400]

learn to trade independently without a mentor and trainer guidance is not bad, but it will take longer, besides learning independently without a mentor, in general it will make us have to experience a lot of losses if not enough to learn from a demo account

[Goody28 259]

Rightly said self training is kind of bad for beginners and newbies why not watch tutorials on how to trade better on YouTube

[Honny143 13612]

Self training I think good idea because where we follows the expert and how many days we follows but in self training gives confidence to use in trading in starting you loss some money but it gives some good experience  to learn its made a good trading expert in few months I think self training is better 

[Jhadhasan 872]

Certainly, if you initially work on your own without consulting you will find yourself a target for scammers.  There are always those who are older than you in the field. Ask them. Take advantage of their expertise. Learn all you can learn to be a successful trader.

[Raouf99 73]

On 1/22/2020 at 10:14 AM, shayekh said:

Trying to day trade as a brand new raw novice is a bad idea because 99 percent of the time they have not done the following: Done the correct education and training. Have not written a rule based strategy. Do not have the proper capital dependent

Caue newbiies have no ideas. And hence this is because they loose their money.

   So I havr my own strategy to trade.

[Yanadia 1517]

On 1/21/2020 at 7:24 PM, Karani said:

For starters, there’s too much information about trading online. A beginner may find it hard to know what is relevant. Self-training also exposes you to frauds. Because of their their experience, tutors can identify genuine products and spot scams.

In this case i am agree whit you, but we still need reference from the expert .To learn trading alone we also have to read a lot about trading and some forex trading techniques because to be honest I say forex trading is more difficult than crypto trading.  A lot of systematic trading in forex needs someone to explain it.  Theory is sometimes not as easy as we imagine when taking to the field (forex market)

[Lubruselu 2803]

Sometimes it can be good idea or bad idea, but mostly is the good idea. It is good idea because self training there will no one request you for money in order to scam you, but it will be the bad idea if you self training with the scammers platforms

[Ahmeddominik 126]

1 hour ago, Iqranimra6 said:

besides learning independently without a mentor, in general it will make us have to experience a lot of losses if not enough to learn from a demo account

Yes my friend I did study and learn well and then started trading cryptocurrencies

[MuhammadSh 3067]

In my opinion.. self training isn't bad if you learn from experts.. especially if you you are working hard and want to have knowledge!

[khan188 536]

On 1/21/2020 at 3:24 PM, Karani said:

For starters, there’s too much information about trading online. A beginner may find it hard to know what is relevant. Self-training also exposes you to frauds. Because of their their experience, tutors can identify genuine products and spot scams.

Yes, I am totally agree on this. because I been there, and was very hard for me to learn by myself. Even I am a good learner. But then I realized I must follow someone who is wide knowledge in this field. I had paid a lot money to teachers, mentors to teach me Forex trading. and today here is I am, I have also students and followers. 

[MrGeany 297]

no i don't think that self training is bad ide for begginers and i think opposite because as far as i know most of the traders educated themselfs and learn from their own mistakes so thats my 2 cent.

[pablomarwan 3082]

On 1/21/2020 at 1:24 PM, Karani said:

For starters, there’s too much information about trading online. A beginner may find it hard to know what is relevant. Self-training also exposes you to frauds. Because of their their experience, tutors can identify genuine products and spot scams.

No, I do not think that self-training helps you, but you must beware of fraudulent platforms that may change the modules for you and think that you will win this in the case of training or the real account so do not judge that you reap something

[Ms.o 3322]

It depends on a person,i dont find self training is bad ide, actually it is the better way if you want to learn.online world are full of informations that we need,it only depends on how you will take all those you learn.i learn alot in trading using self study only.

[Yuwa 10]

Because user will not be able to tackle the basic issues occur in the trading and I will recommend to all the new users to use the training manual, or go for the pro training.

[Mikeeee 220]

On 1/21/2020 at 8:24 PM, Karani said:

For starters, there’s too much information about trading online. A beginner may find it hard to know what is relevant. Self-training also exposes you to frauds. Because of their their experience, tutors can identify genuine products and spot scams.

Its actually depends on the person because you don't always need other people to help you in a certain job to accomplish because learning forex is just the same with crypto you must have a will to learn for able for you to understand it. 

[Saira1234 2]

On 1/23/2020 at 6:34 PM, Cryptojubayer said:

Self training will be time wasting and disappointing for beginners and it will cause you huge lose of your assets.

 

On 2/26/2020 at 10:32 AM, Umme Haani said:

Trying to day trade as a brand new raw novice is a bad idea because 99 percent of the time they have not done the following. in general it will make us have to experience a lot of losses if not enough to learn from a demo account

Yes I am also agreed to this post because today's trade as a brand new raw novice is a bad idea because 99 percent of the time they have not done in general.

[MrGeany 297]

no it is not a bad idea to self traing yourself cause every expert say that they learn just sitting and doing analize and trading they all learn trading buy self-training and courses only get you some basic principes. nothing more.

[jacker 1095]

I am an experienced cryptocurrency trader but when I came to Forex I still felt very strange, I tried to study by myself, but it was quite tangled, I asked an expert, he was very funny and teach me many things

[rekter 8129]

On 1/21/2020 at 2:24 PM, Karani said:

For starters, there’s too much information about trading online. A beginner may find it hard to know what is relevant. Self-training also exposes you to frauds. Because of their their experience, tutors can identify genuine products and spot scams.

I guess i was lucky because i picked up some good free classes first. Later on i have seen lots of scammers teaching trading and selling signals and their pump and dumps. I would think that there are good and bad tutors as well.

Edited March 17, 2020 by rekter

[Fedor00 74]

This depends on multiple factors. If you take your information from the right source and you know the information is correct then you can become a very good self taught trader 

[jamesvince 2389]

Some how we need to reconsidering about different opinions of you tuber about crypto currency and forex market both market are can be predictions done through the same indicators because i am using crypto market as well as forex market for trading purposes. 

[guatazoo 7150]

Self training for the beginners is bad idea because they can be practice in demo trading by predicting the price, so maybe they will be winning all trades, so after they seen that they can win all trades they start trading with really money for believing that they are experts already.

[scorpiali 5626]

I have learn trading just by my self with some tutorial and reviews i really understand how it work, and now i can do it by my self without any help, but if there any help it will be welcome because we need all the time to learn every days we have something new 

[Michael0606 861]

Actually my training was only books and practice and I still do it, because I have taken into account factors that an academy or mentor will give, unless I am a genuine mentor, what I say is why pay for what is free?  If in the world there are so many books to lose weight and there are still obese.