Trading can be learned alone?

The beat way to learn to trade in my opinion is by first hand experience. Even then, that friend can only teach you the basics. Developing an edge should be the ultimate goal because knowing how to buy and sell is easy. Leaning when to buy and sell will prove to be that missing puzzle peace that only you can find.

Learning to place trades is easy, anyone can teach you that, buy low, sell high.
 
Wheezooo said:
It's not just about knowledge. You need to determine if you have the intestinal fortitude to handle losing. If the answer to that is no, all the reading in the world won't help you.
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Yah. True dat. Hard as the knowledge-based parts of this have been, that internal part has been miles harder. If you don't have the character for trading - or can't taking a wrecking ball to what gets in the way, and rebuild the remains into what's necessary - then don't waste your time.

(Side note: all of the requirements I've run into so far have been things I always wanted to change, but never had a handle on. The market is one king hell MONSTER of a training ground for inculcating a certain type of virtues.)
 
Peter8519 said:
It would be good to have a friend to share experience. But to master it, it's a lonely endeavor.

A major part is self discovery of one's personality.
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I agree with the self discovery of personality. I think it’s also understanding your emotions and how to deal with them while trading.
 
Jfranco_2003 said:
I don't think that this is true. If you really like the trading activity you will be here although lost money. And instead of say IT IS IMPOSSIBLE TRADING IS B***S**T you will say I need to learn how to understand the markets and what the fucking I was thinking when I put this trade jajajajja:D:D:D
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Very true. I didnt see many who quit the game completely. But there are cheaper ways to get that adrenalin rush. I had seen more traders who lost their livelihood than I had seen junkies/alcoholics who lost their careers.

The only way you can take home the money from the market is thru, a oft repeated cliche .. taking your losses quickly and thru position sizing .. aka risk management. There is no other way you are going home alive.
 
djay said:
Very true. I didnt see many who quit the game completely. But there are cheaper ways to get that adrenalin rush. I had seen more traders who lost their livelihood than I had seen junkies/alcoholics who lost their careers.

The only way you can take home the money from the market is thru, a oft repeated cliche .. taking your losses quickly and thru position sizing .. aka risk management. There is no other way you are going home alive.
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i do take money-a little money- from the market like many others.
but i know that it is not possible to make a lot of money simply because someone has to lose a lot of money, which is very unlikely.
 
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djay said:
I had seen more traders who lost their livelihood
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that is more because they did not understand what trading is about.
and probably by being very unrealistic about what is possible with trading.
it is possible to make a living but it is highly unlikely that trading will make you stinking rich
 
Jfranco_2003 said:
Hi, do you think that someone can learn trading by himself? Needs only books? Or is necessary a mentor or any people who help you to be a consistent trader.

What do you think about courses, schools and people who are teaching and learning trading like a comunity?

How do you learned trading and you are now a profitable trader?
Thanks you:)
Jf
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For me, it's the combination of the stuff you mentioned. I started to learn alone and on the way I became acquainted with people who teach trading, for example, I was using Bookmap and studying it by myself from the education content they have on their site, through this I watched a webinar of a trader that his method interested me so I started to watch his videos and then signed to his room and then signed to his mentoring program. But even so I was still seeking to learn things by myself.
of course, that there are some people that don't need any mentoring and can figure the trading by themselves, but these guys are unique, and if you were one of them you wouldn't write this post :)
 
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