Post
Topic
Board Trading Discussion
Re: Some essential trading rules beginners!
by
logicgate
on 01/11/2019, 19:55:26 UTC
7. Always invest the money that you can effort to lose!

You must mean afford.

All in all, these are great points to remember. These reminders and warnings have been discussed her many times though. I hope they have helped a lot of traders. Take note, however, that it is always easier said than done. For example, the most common advice is that be objective rather than subjective or emotional in your trades. The problem is that the objective assessment could be both erroneous and uncertain. And secondly, emotions are really hard to turn off, believe me.
thanks fixed it! Yup agree with you it's not easy to turn off your emotions which means trading is not an easy job at all. Anyway traders must follow teach themselves how to control over the feelings or do another job.
Guys, it does not matter. I think we have all understood what is meant here. Being a beginner in trading, you need to be 100% sure that even if you lose in this business, you will have at least one-two other reliable income sources bringing you profits constantly. Trading cannot become a single job for a newbie.
      Same as me, I use trading as my part-time job and I give my spare time to gambling. For me its really reliable job to trade for long term and use my extra time in making researches as i have heard that a trader must have knowledge and fine information about trading. So being new trader people should trade but with care and gain knowledge as much as possible it will help a lot.