Why should everyone learn Trading? A path to financial freedom, where to start?
In a few words and so that it is not tedious, I give you my humble opinion of why EVERYONE SHOULD LEARN TRADING. I also share some of the platforms | exchanges in which I have operated and operate for some years and that I consider to be the most suitable for both beginners, as well as for more experienced and/or professional traders.
Success begins with thought, because sooner or later the man who wins is the one who thinks he can
Christian Barnard
If the question is does anyone have what it takes mentally and physically to trade, the answer is no. However, if the question is should everyone try to learn trading? My answer would be a resounding yes. It's like learning to swim, we don't know when we really need it and suddenly we might turn out to be excellent at it.
In trading we develop. Every profit is an opportunity to overcome greed and overconfidence
Brett N. Steenbarger
The markets do not care "who" you are, Black, Brown, White, Male, Female, Ugly, Pretty, Skinny, Fat, the labels imposed by society do not care about the market, only your ability to negotiate matters. Trading is meritocracy in its purest form. Your social class is also irrelevant, probably having a large bank account can help in the beginning, but it is not a necessary condition. It also doesn't matter where you grew up or studied, who you know or how smart you are. Numerous studies have shown that people considered brilliant are terrible in the markets. Partly because of overconfidence and partly because the most important thing in this business is emotional control, not intellectual control. Influences are useless here
What if I take a risk and lose...? What if you take a risk and win?
Anonymous
It can be just another business, but with additional advantages. First of all, it is the only business where you have total control of the risk. It may sound contradictory but 100% of the time the investor decides how much he is willing to lose based on his expected return. This freedom does not exist in any other activity where profit and loss estimates depend on many other variables.
It is very difficult to learn something new if you are afraid, since fear is a very debilitating form of energy
MarkDouglas
Likewise, it is the easiest business to manage. You don't have to deal with employees, customers, regulations, business licenses and taxes, human resources, and competitors. Also, the variety of financial instruments allows to prosper in any economic climate. Finally, a successful trader can manage their time more flexibly than in any other successful job.
I have not seen much correlation between doing good trading and intelligence. Some top traders are pretty smart, but others are not. Many people of outstanding intelligence are horrible traders. The average intelligence is sufficient, beyond this point, the emotional structure is more important
MarkDouglas
Why aren't we all traders then?The point is not to tell you that trading is easy and the solution to all our economic problems, although it is not rocket science either, it is in fact quite difficult and one of the activities that most confronts the strength, discipline and self-control of people. However, forgetting all the Wall Street movies where everything or nothing is played every day and with the objective of improving the profitability of our savings in a moderate way, trading is a tool that can benefit an even greater percentage of the population.
Price is what you pay and value is what you get
Anonymous
WHERE TO START?
These are my references of some of the Exchanges | Platforms where I have operated, each one has different bonuses, rewards, etc., but since the type of incentive constantly changes, it would not be worth listing because I would be providing outdated information, it is likely that in future articles I will tell you about my experience in each of them .
A comment that cannot be missed: The reason why I use several platforms is due, firstly, to explore which of them best suits my interests, secondly and even more importantly, it is because as a general rule “…I do not put all the Eggs in one basket... It is also true that some of the Exchanges "considered" important to which I do not refer are missing because I do not have access from my place of residence (my sincere apologies).
Trading is the Hardest Way to Make Easy Money
Anonymous
Final note: When I was writing this article and looking for some quotes from authors related to the subject (I hope I have not overwhelmed you), I heard (from the house of one of those neighbors who usually play music at full volume) the chorus of a song that said something like like: "... my only friend is American and comes in a piece of paper..." (Referring to the dollar) and brought to mind a proverb widely used in my country that says "... money is not happiness but he imitates her very well...". So I wish you all MUCH HAPPINESS and GOOD EARNINGS in whatever you personally do.
Don't worry about what the markets are going to do. Just worry about what your response will be to the movement of the markets
Michael Carre
TOOLS, PLATFORMS AND APPLICATIONS:
CoinMarketCap | TradingView | KuCoin | BingX | StormGain | CoinInn | CoinEX | MoonXBT | BiBox | QuantFury (Referral Code: JRRU2593)
SOCIAL MEDIA LINK:
Telegram | Facebook | Twitter | Medium | Reddit | Pinterest | Instagram | Torum
OTHER ARTICLES:
Traders and holders, some things we should know | Cryptocurrencies: brief summary for new investors | Cryptocurrencies: The Dark Side | Is Bitcoin A Ponzi Scheme? | Bitcoin As A Store Of Value | Inflation: Understanding The Terms | Decentralized Finance (Defi), blockchain-based solutions | Why Do Governments Hate Cryptocurrencies? | A Real Solution | Cryptocurrencies Against Economic Inflation | Centralized Exchanges Vs. Decentralized Exchanges | Some Of The Most Common Myths About Bitcoin | Imagining A World Where Fiat Money Does Not Exist | Cryptocurrencies Vs Fiat Money
SOURCES:
My original post on: https://justpaste.it/todosdeberianaprendertrading & https://justpaste.it/todosdeberianaprendertrading/pdf
Some ideas taken from “9 REASONS EVERYONE (YES EVEN YOU) SHOULD LEARN TO TRADE” by Brian Lund and Felipe Campos' article in "LA REPUBLICA".
This is an informational article, I do not promote, endorse, or recommend any particular investment. Investments in crypto assets are not regulated in some countries and may not be suitable for retail investors, as the full amount invested could be lost. Check the laws of your country before investing.
