Why training is necessary before starting trading

Is training necessary before starting trading? You can learn on your own, but it will take more time and money. You will make a lot of mistakes and can learn from those mistakes. To learn to trade in stock market on our own is a perilous, time-consuming and costlier option. Because whatever mistakes you will do, you will feel have to learn something great and it will excite you with that small learning. Now this excitement which got from small learning will force you to trade again. But because of insufficient knowledge, you will make loss again. Now to cover those losses, you will find new ideas and those ideas will never work. Remember, people with low knowledge are always more confident than people with knowledge. We all know when we go to a surgeon for a surgery, he takes in written from us we may lose our life while operation. He is taking in written from us because he knows his limitations and the complications despite he has done hundred or thousands of surgeries successfully. But “Aba Baba” gives always guarantees even to make dead patient alive with no knowledge, with all confidence. So, when you have little or half knowledge you are very confident that next trade will be a profitable trade and you take a big risk in that trade and lose money heavily. Knowledgeable trader knows any trade can go wrong. So, he always takes calculative risk in every trade.  

If you will take training from a proper trainer who has knowledge and experience in stock market. You will not make those silly mistakes which you can make through practical learning with no knowledge. So, it will save your time and money. The trainer doesn’t give you only knowledge, but he shares his experience and mistakes-success with you. From which you will learn and avoid those mistakes which trainer has already done in his career. In simple words, you don’t need to make 1000 attempts to make a bulb, because Thomas Edison has already done that. Now what one has to do, he should learn from Thomas Edison’s theory to make a bulb and can invent new things. In this way, one can save his valuable time and money.

In a similar way, a novice trader must learn those theories and techniques from an experienced trainer. And based on that learning, he can invent alternative ways of trading. So, always think about proper training before starting trading. 

You can learn from books, YouTube, and likewise options, but always remember all these options are not interactive. If you misunderstood some concept, you will go long away with that misconception and will waste your lot of time because all these options are not interactive. So. it is wise to take interactive training before starting trading. In an interactive training, you can ask your doubts and can clear all your queries.