Post
Topic
Board Trading Discussion
Re: Don't trade what you can't risk loosing
by
tbterryboy
on 14/04/2020, 17:01:08 UTC
I think that is the critical point that many traders lose a lot before making money. Why don't we start with small amounts of money to test our trading methods?
I know that with a small amount of capital, we will be discouraged in trading, because of the time we spend a lot but the return is very small. But it is a very necessary time to practice the patience and discipline of a successful trader in the future. Those who can patiently spend a lot of time on this will surely make a lot of money in the future.
When traders turn greedy or in rush to recover their previous losses, they will not be listening to the suggestions to trade small amount of money and also not think about testing their trading methods.

Instead of facing losses without testing trading strategies, I believe it would be much better when we are making small profits out of small capital. Emotion control must be more important for everyone to become successful trader but unfortunately I'm seeing most traders are not a all having enough patience and discipline and this is the reason they are simply facing continuous losses.