DLavrov
Education

Knowledge Is Super Power! How to Make Money in Simple Way?

BYBIT:BTCUSD   Bitcoin / U.S. Dollar
I don't understand the majority of traders who search for trading signals services, spend money for buying trading signals, and believe that such an approach will make them rich. I don't understand the strong wish to be dependent on a signal provider and his or her ability to provide quality trading signals for the audience.
If we are given something we depend upon the giver and isn't it better to know how to fish instead of waiting for a fish from someone?

Trading in any financial market can be simple for everyone. Of course, if you know what you are doing and how to catch opportunities from a price movement. Maybe you think it will need years to become a master of charts and predict future price movements? To tell you the truth you don't need to predict future price movements at all. It is an amateur's way of thinking and of course, it is wrong. What do you need, it is just to follow the market. That's all!

I prepared for you the examples of 3 trades which gave good profit. They are based on a trend-reversal and trend-following setups. They will be the same in different timeframes and different markets. How many years do you need to study all of them? I guess we shouldn't talk about years. Maybe several weeks if you know nothing about trading. How much time do you need to learn the simple rules of proper money management? Maybe 1-2 days? Do you think it really takes a lot of time and effort to catch an uptrend as we have in the BTCUSD market? The majority can do it without waiting for trading signals from someone. But why the majority prefer to do nothing in this direction? It is a good question.

You want to spend time and money for buying trading signals thinking that they will make you rich. Don't be so naive. There are no people in the world who will make tons of money for you for nothing. But there are people who can teach you how to trade properly and make consistent profit in the long run. You must remember, that only you can make yourself a successful person and change your life for the better. If you don't want to do it, why other people should care about you?

Knowledge is a super power! It is a well-known fact and successful people will remind you about it one more time.


Thanks for your attention!
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Comments

Thanks, the best teacher is the one who teaches you not to need them.
+1 Reply
DLavrov ZenoAgropolous
@ZenoAgropolous, at the beginning, in any field teachers are very important. But after passing the knowledge to students, this statement makes sense. Thanks for sharing!
Reply
@DLavrov, Thanks for all your help.
Reply
GIVE A MAN a fish and you feed him for a day. Teach him how to fish and you feed him for his life time.
+1 Reply
DLavrov protolive
@protolive, exactly!
Reply
Great post I love this post great value
Reply
thanks for sharing your experience. good content
Reply
How profitable is it putting 1:2 risk/reward ratio catching such movements?
Reply
Thank for sharing.

If knowledge is a super power, what books/podcasts/youtube channels do you recommend?
Reply
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