how to learn trading?

Discussion in 'Trading' started by Aryan.1234, Apr 24, 2020.

  1. wrbtrader

    wrbtrader

    There is a strong possibility after so many Youtube videos, so many courses and so many books that nothing seems to work for you...

    You may need to realize you're not suitable for trading especially if you've also tried the self-taught route after so many years.

    wrbtrader
     
    #11     Apr 24, 2020
    Doncharles2020 likes this.
  2. deaddog

    deaddog

    What have you tried and why didn't it work
     
    #12     Apr 24, 2020
    SimpleMeLike likes this.
  3. deaddog

    deaddog

    Traders fail for the following reasons;
    No trading plan.
    Under-capitalized.
    No discipline.

    Which applies to you.
     
    #13     Apr 24, 2020
    Relentless and Sekiyo like this.
  4. lack of knowledge whatever i use indicators ,price action strategies ,support and resistance trendlines each and everything they just didnt workout
    and i think because of some trading plan
     
    #14     Apr 24, 2020
  5. can you teach me
     
    #15     Apr 24, 2020
  6. ironchef

    ironchef

    @padutrader where are you?

    @Aryan.1234, he is from your part of the world. Maybe willing to help you for free.

    My advice is don't pay anybody or subscribe to any website, newsletter... It is anecdotal, but none of my many friends (over many years) who paid for coaching, web services, newsletter ever derived any benefits from them. Years ago when I was young and stupid, I paid a one time charge of $39.00 to get a "secret formula". Of course it was worthless.

    If you really want to learn, get a few books from your local library, study them, go sign up for free courses in investing/trading on Coursera, read as many posts here as you can. Eventually you will develop your own trading strategy if you are persistent enough.

    Most of all, it is not a get rich quick scheme. Don't believe those advertising that said someone made $2.8M a year trading in his spare time and you can too if you pay $9.99 a month to join.

    Best to you.
     
    #16     Apr 24, 2020
    Doncharles2020, trader99 and Nobert like this.
  7. wrbtrader

    wrbtrader

    I'll repeat...you're probably not suitable for trading.

    If you need teaching...talk to the guy name Padutrader...he's a mentor.

    wrbtrader
     
    #17     Apr 24, 2020
    ironchef likes this.
  8. Sekiyo

    Sekiyo

    Theory isn’t practice.
    It takes 1 day to read a book,
    It takes 1 week to fully understand,
    It takes 1 month to reliably implement.

    You’ve done day 1.
    (You better read one book twice than 2 books).

    Reality is messy.
    Uncertainty is at the core.

    Read 5h, write 5h, Trade 90h.
    You don’t teach a bird how to fly.

    Practice, Fail & Improve.

    What's your problem ?
    Is your system profitable ?
    Is your exposure adequate ?
    Is your implementation flawless ?

    [​IMG]

    Next thread suggestion :
    How to learn about learning ?
    How to learn about learning to learn ?
    How to learn about learning to learn to learn ?
     
    Last edited: Apr 24, 2020
    #18     Apr 24, 2020
    Nobert likes this.
  9. Sekiyo

    Sekiyo

    No profitable trading plan

    4D16B2E2-D734-438C-8372-025190700BCA.jpeg
     
    #19     Apr 24, 2020
  10. tomas262

    tomas262

    check futures spreads & seasonality... been profitable from day (month actually) #1 but it all comes down to how good you will be at cutting loses and letting winners ride
     
    #20     Apr 24, 2020