Post
Topic
Board Trading Discussion
Re: What every new trader should be focused on
by
bitzizzix
on 23/09/2021, 04:47:21 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. 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. On the other hand, if you have the skill set, you will be able to handle and grow any trading capital into something substantial.
This mistake mostly happens to beginners because of passionate carelessness because they think trading is an easy way to earn fast income and without having sufficient knowledge and skills before doing it.
Knowledge is the bridge to success so you have to learn everything about trading in depth and after mastering it you can start with capital according to your ability without having to push yourself beyond your capabilities, trading is not an easy thing and you must have enough time to do it or time full and assume trading is your job.