how to learn trading?

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

  1. ktmtrader

    ktmtrader

    Almost all of us that have made it - meaning, being able to make money consistently now. Almost never self sabotage. Have strict discipline. Never emotional. Never increase the risk but keep tooling the method to extract max profit from the market. Find trading to be boring.

    Will be able to explain how to trade to you. But you have heard it, a million times everywhere.

    -Develop an edge.
    -Trade it at the smallest level possible.
    -Honor your small stop; Let your winners run.
    -And do this for a minimum of 1000 trading days, 8 hours a day.
     
    #81     Apr 27, 2020
  2. padutrader

    padutrader

    you need judgement to know whether the trend is strong or weak.

    if it is strong...... you enter with the trend.

    if trend is weak....... you enter counter trend.

    there is no one in this world who can teach you to judge something.

    you have to learn it by experience.

    if you do not have this judgement you can never make consistently good trades

    so all the mentors are just taking your money for a promised land that does not exist
     
    #82     Apr 28, 2020
  3. padutrader

    padutrader

    ABOUT BLOODY TIME.............. DO YOU NOT THINK
     
    #83     Apr 28, 2020
  4. padutrader

    padutrader

    me
     
    #84     Apr 28, 2020
  5. padutrader

    padutrader

    my bad

    i should have thanked you.

    and my P/L is proof of that
     
    #85     Apr 28, 2020
  6. padutrader

    padutrader

    this will not save you if you have bad judgment......to judge market conditions.

    of course it will restrict the damage of your mistakes in judgement.

    that is the first step

    and nobody can teach how to judge

    if you do not have that...you will never be consistent,
     
    Last edited: Apr 28, 2020
    #86     Apr 28, 2020
  7. Fonz

    Fonz

    Good coaches or teachers or even "mentors" are not necessary good players. Different competences and abilities are needed. I even think that finding a great player who can be a good coach is almost impossible (and vice versa).

    If the best traders (or for any other profession) know the basics, they are more likely autodidacts or even self taught after academia. They are specialized in very few areas or just one market, and they developed a unique skill, which is by definition very difficult to replicate.
     
    #87     Apr 28, 2020
    Real Money likes this.
  8. easymon1

    easymon1

    if you were the competent teacher, how would you teach trading imean like really?
     
    #88     Apr 28, 2020
  9. hello, i am new in here , hope all is okay. by the way, how to learn trading , it sounds a very simple question, but answer is too long long. because learning in trading is a wise thing which we select according to our trading understanding. i love to learn by making mistake but not same mistake.
     
    #89     Apr 29, 2020
    Nobert likes this.
  10. ironchef

    ironchef

    We newbies are doomed. :(
     
    #90     Apr 29, 2020
    Fonz and Nobert like this.