Why do newbies think trading is easy?

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tony69Senior Member
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#1Jan 18, 2025, 05:12 PM
Why do newbies always believe that trading is a walk in the park when it comes to making money? I never planned to bring this up here, but I think it’s crucial for us to chat about it and make sure that beginners understand that while trading can indeed be profitable, it’s important to grasp the basics first. Taking some time to research and learn the ropes is key to actually seeing those profits. This all came to light last week while I was out grabbing a drink. Someone at my table was sharing his experience with trading, claiming he was promised profits within just 7 days of starting. Honestly, I wasn’t that interested in his story at first, but then he mentioned he heard this on a radio show. They both got excited about it and jumped into trading, but after that week of promised profits, they were hit with losses instead. It was tough for them; they felt they had lost way more than they anticipated and decided to quit, questioning if trading was really that easy for everyone else. I was kinda stunned and at a loss for words regarding their situation. What really stood out to me was how they didn’t focus on learning but were just after quick profits. They talked about some fees they paid to get started with the training, but again, it was all based on the idea that they would start turning a profit in about 7 to 14 days. Now I’m left wondering what to say to them.
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alex.shardLegendary
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#2Jan 18, 2025, 09:40 PM
There is nothing impossible but the possibility of making money from trading in such short period of time is very little and less than 0.000001%. Beginners are always losing in trading. That is the reason we do tell them to trade with the amount of money that they can afford to lose. They can even trade below the amount of money that they can afford to lose as a beginner. Experience is important in trading and it can take months or years before a trader may understand how to make money from trading. Also trading is not for everyone as some people may continue to lose.
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calmomegaSenior Member
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#3Jan 19, 2025, 12:47 AM
I mean in their eyes its a guy looking at screens, at graphs, clicking something. Then waiting. Then another click maybe. Two more an hour later. Sounds easy enough for me lol. Kidding aside, probably possible? I mean skill is a pretty vague factor to describe especially in trading. In cases where some type of hype happens and a newbie happens to enter and buy in, it's easy profit! Personally I got zilch when I started. Heck, I bought high and sold low instead! Dips after a day scared the shit out of me and peaks after a few hours made me FOMO.
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hash51Full Member
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#4Jan 19, 2025, 02:41 AM
Because they are beginners which they are lacking knowledge and experience... And all of us started as beginners and let's admit it, we also make stupid mistakes in trading, like getting greedy and having ineffective strategies, so it's just a matter of learning from our experience. What's important is that even if we're newbies, we fully educate ourselves about the risks of trading before we enter because as long as we know how to manage the risk, even if we fail many times, our journey in trading will not be short-lived.
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DarkR0ck3tFull Member
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#5Jan 19, 2025, 08:15 AM
Beginners often lack even the basic knowledge and skills in trading, so it’s impossible for them to trade and end up with profits. Although they can join trading freely but losses are kinda inevitable for them. That’s exactly the reason why these beginners are discouraged from trading quickly, simply because they are still incapable to trade for profits. But we all know this is not the case for beginners these days. Instead they rush into trading hoping this is a get-rich-quick thing, which I think is a very wrong mindset when it comes to trading.
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tony69Senior Member
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#6Jan 19, 2025, 08:45 AM
Judging from your percentage ratios we can assumed it's extremely poor for them to start making profits From trading within 7-14 days time, and of course is not that easy to become standout while trading as it deals with a lot of disciplines, studying and research to gain knowledge towards their overall earnings in trading. And like you said I agreed with you for people to using the amount they can afford lose to trade than using amounts which are way very difficult for them to lose and it makes no senses that way. If you say so I wouldn't argue with you, especially since they haven't ventured into trading to have experience before, maybe if they had the experience or has witnessed it before it could be that easier for them to start making profits but this, it's their first time and they are subjected to several losses. So, you are right profits can be so hard for them to achieve since they would be that desperate to make profits this will increase their chances of losses at all time couples with the way they were brainwashed about making profits within 1 weeks- 2 weeks interval.
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fox_byteHero Member
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#7Jan 19, 2025, 12:51 PM
The heavy promotion of trading on some social media accounts that tell you that you can make thousands of dollars from trading is what makes many people believe that trading is easy, and unfortunately companies exploit some influencers to deceive investors and thus use the platforms. Some profits can be made from trading, but it will definitely not be a full-time job, but rather to enhance your investments.
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CalmLedgerSenior Member
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#8Jan 19, 2025, 05:17 PM
Yes, that is possible especially if a beginner already spent his time to learn deeper about trading. He can started making profits within 7-14 days but if he feels overconfident, he may lose his awareness of analyzing the market. When I started trading newly, I don't have courage to use too big money because I can not handle my emotion when I lose. So I just use some small funds to trade and not in a hurry to make a profit because I realize that the market will not moves as I want. I need to patience for a while after I buy the coin but sometimes, when the market moves good, I don't have to take too long to sell the coin at the price I want.
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guru2011Full Member
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#9Jan 19, 2025, 07:40 PM
I guess this isn't trading since in trading it's us who are dictating our future, it’s more like investing, and trading is only used because it's more popular in the crypto world, but anything that promises to be profitable within a certain period of time or offers a fixed profit is already a red flag, as it's not possible in trading since even the most experienced traders can't guarantee profit on a daily or weekly basis. Perhaps it's just that newbies lack education, which is why they are easily fooled.. And as they say, when the return is too good to be true, it's most likely a scam.
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cold5tor4geSenior Member
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#10Jan 20, 2025, 12:32 PM
The main reason why beginners lose in trading is because of the lack the knowledge about the market, every pier has its unique movement, just like Bitcoin, there are times when Bitcoin could be volatile in a positive market position, in such cases traders can easily make profits in a Short term, but when the market becomes volatile in the negative position, instead them to wait and having a low liquidation price, the tend to rush to either close their market in loses, so from the beginning of your market position you should know that being able to manage your position is far more important than having and opened position, that is what newbies traders don't know and the reason the lose at all time.
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r34l_bridgeFull Member
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#11Jan 22, 2025, 04:58 PM
All traders are human and their trading decisions mostly affected by emotion, psycholgy or you can say mental too but of course I don't want to be strict in those term definitions. Trading profit in short term is possible and 7 - 14 days is very short period of time. With longer period like 3 months, 6 months, 1 year and longer, to get profit from trading, it's more difficult and most of traders get loss, not profit. Because when they are in a market for a long time, market can change its trend, turn to bull to bear, bear to bull, and with many pumps, dumps, corrections, massacres that can turn short term profit to longer term loss for traders.
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leo.wolfHero Member
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#12Jan 22, 2025, 10:41 PM
Yes it is possible to start making profit within one week of your trading journey but we must at times called this the beginners luck but I tell you this luck doesn’t last that much because you will most definitely be faced with reality as a newbie and this is where the real trading journey or learning takes off. Once a beginner starts to see losses after periods of wins you can easily identify the one who is actually ready to learn and a trader who wants to just make profits. The trader who would want to learn will probably look into his strategy again and see where he is making mistakes, he or she will look out for tutorials and backtest his strategy again and again until he gets back to the winning ways once again, this is a true trader.  But the other trader who is coming for the money alone without having to seek knowledge will continue trading thinking he wasn’t just lucky the days he lost and this time around even go on over trading to get back their losses and in the end they get liquidated and call trading scam, not knowing profitability comes with time, patience and persistence learning. Because 99% of the time the social media influencers who are looking for mentorship courses to sell makes it looks like that. For me I don’t blame much this newbies but rather the lies on social media that ones you join their Monthly trading classes you are simply going to make it. This is actually easily consumed by the newbies through the lifestyle they see the influencers live. Trading is easier to make profit only if you want to dedicate an ample amount of time to learning it, profitability doesn’t comes from a one month class or buy buying just mentorship courses.
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tony69Senior Member
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#13Jan 23, 2025, 01:17 AM
Most times or as a normal thing that has been going on media or even radio station just as what happened, they always hide the simple truth from the beginners because they knows if they are telling them that trading would take months or possibly 1-2 years to starts making profits they wouldn't get people that could come register with them and possibly get those consultation fees or registration fee they usually gets from people whom they succeed deceiving to come join them. Influencers are only interested in their profile being boosted or having much followers and they also sells of some courses to them to study with this they are being washed to have that mindset that trading is that easier.
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coldaltFull Member
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#14Jan 23, 2025, 06:13 AM
Most people who go into trading do it from lack and they expectedly see it as something that should alleviate their lack, and bring them out of financial dungeon. If they don't think that way and from all the social media buzz of easy money by promoters of trading, there won't be much allure for newcomers in the industry. So, it's good for their psyche. Maybe, it's beginners' luck. Sadly, only a few have been able to scale through that. Any beginner who's able to make profit within a space of 7–14 days of learning how to trade will eventually lose all back to the market, including their capital. The simple reason being that they're likely going to be carried away by the little win and think they now know it all. Their next trades are more likely going to be reckless and that will get them burnt.
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pixel_cobraFull Member
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#15Jan 24, 2025, 05:45 AM
It must be different from each beginners though. When I begin trading, its usually loss. $200 is what I end up as capital thinking I could just earn $10 a day is enough for me to stop for the day and then restart the next day. Its not what I expect because I win $5 today the next day I lose $20. The next day I lose $40 and the next day I win $5. I always look at the chart I I won that $5 and want to re do it every time. Until I check out that strategy of other traders. As a newbie who wanted to make money by accumulating the wins I make, its hard when I see Indicators are not really going along with the strategy I chose.   This happens for several weeks that I lose thousands before I learned my lesson which is Its not as easy as I thought.
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maxi_bitFull Member
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#16Jan 24, 2025, 09:11 AM
It depends on a couple of factors: the first one is whether the person is lucky or unlucky because even though we know trading isn't like gambling, you can't argue that sometimes you tend to get some profits out of luck even if you haven't done any research or have any knowledge about the coins you have bought. The second thing is a person's ability to adapt and learn. Many people have sharp minds, so they learn things pretty quickly. One thing might take one person a month to understand while another might understand it in a day. So, if someone is too sharp and smart, they might learn trading within a week and start getting profits, but it won't be wrong to say that the majority don't fall under this category. It's not wise to run after profits while ignoring the necessary steps when you are getting into something which requires financial investment from you.
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ColdBossFull Member
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#17Jan 24, 2025, 10:31 AM
Just like any other things on which if you are still that a newbie then you will really be having that tons of mistakes and errors on which this is that very normal. There's no way that we can be directly be able to know something specially if we are really that zero knowledge and just like been said that we are really that prone into errors and thats why instead on quitting or stopping it will be better that you should be that learning into those errors that you have experienced and never quit up so easily with just few errors. When it comes to thinking of these beginners on trading is that they do believe that they can easily that learn up trading in a short period of time. There will really be those newbies that thinking up that they can learn up this skill in a short period of time but on the time or moment that you encounter up such reality then you will be making out some realizations at the time or moment that you do have that actual experience or dealing up with it. Sooner or later on which you will be finding out for yourself on how harsh this market will be and there's no way that you can be able have that assurance when it comes to profits.
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c4lmdeg3nSenior Member
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#18Jan 24, 2025, 11:54 AM
Actually, it's possible that making profit within 7-14days starting trading if I say about mine word then I will say it is possible to make profit the day you started trading. But the things is may be you will have a worst investment future after that profit. Most of the people think about the crypto trading may be it is something which will makes them quick rich. But here if we want to get success we have to spend time and acquire knowledge about this sector and also able to know the TA and FA, and the market emotions. But if we get profit without having any of them that might be only our luck favour and I will call it gambling. And by chance if we get in to the traps of greed then we will lose all of our fund at once.
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bear2021Full Member
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#19Jan 24, 2025, 01:24 PM
Trading, no doubt, is actually a risky and tough job. If you are not good enough, you will never experience trading profits but only consistent losses at first, and I know a lot of traders would agree to this. But, there are also beginners who may have luckily gain profits from trading, however most of their trades still end up at loss. With more exposure and experience trading in the market, beginners trading performance will eventually improve and may bring them profits in time.
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silentchainHero Member
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#20Jan 24, 2025, 04:00 PM
If anyone going to be defaulted at that course, it should be two guys affirmatively they did not go for the trading class to  acquire the skilful knowledges that was ought to foresee their trading goals rather they were believed that trading was going to be simple and easy profiting as their instructor may have presented before them in the class. There could really be some fast learners who can acquire some basic trading knowledge in seven days and applicable to make profits in the short while. But literally it takes a sometimes to learn about trading and also a different time to study the market to think what trading strategy is good for the moment.
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