I have been reading a lot of articles on the forum and i have to say a lot of people are already giving up on trading due to some minor/major setbacks.
I write this article today to explain some few reasons why i think people are not really comfortable with the trading environment.
1. Lack Of Proper Trading Education
2. No Risk Management
3. Lack Of Patience
Additional information and advices would be appreciated. Thank You, Stay Home, Stay Safe.
Not everyone can absurb how this trading goes due to their big and continuous losses so they just choose quit. We all know that trading is not easy to learn and of course we have to lose money on the first or second or third time that we trade which others cannot afford. Yes those three things that you have said are all true and have really big impact on a beginner. I also experience those things especially the tine that I really want to earn money fast.