Post
Topic
Board Trading Discussion
Re: What every new trader should be focused on
by
sulendra12
on 23/09/2021, 03:37:14 UTC
I see a lot of newbie traders complain about lack of trading capital. And I want you to know that you are focused on the wrong thing. Your attention should be on focused on the trading skills first before worrying about the capital. Trading capital is not the most important thing in trading.
Really? Then should they use "fake" money or demo account to master their skills?
That's a bad idea, they don't even know how to maintain their funds when certain event occurs. Capital is the same as important as skill if you want to success on it.

The most important thing is mastering the skills. No matter how big your trading capital is, if you lack the trading skill you won't book any profit and will most likely blow your account.
And if you don't have the money, then where should you initialize the skill you have learned so far? In demo trading? Then we have a bad thing to tell you about.
Even it's a small capital, as long as you can manage your money during the trading with the skill you have learned before. It's much better than using it on demo money.