Post
Topic
Board Trading Discussion
Re: Getting Used to The Market Situation is The Key to Becoming a Reliable Trader.
by
TinaK
on 08/02/2022, 22:29:55 UTC
Well, definitely it is. When you're used to the market, you're aware of how it goes and it's like an easy thing to you anymore. That's what happens when we're used to things. Being reliable depends on how good you are, how experienced you are.
And with what you've experienced, everything is going to dependent to you and when you end up with good results, that only means that there's something that you get to understand as you trade.
There's always an advantage if you are already familiar with the market situations, than to start a trading without even a good experience from it. But for me, getting used to the market and learning from all the mistakes we did will eventually contribute to a more successful trading, as we will never be making the same mistakes again. And once we start understanding the market, we can weigh things which strategies will work or not, as we can be more productive and successful traders if we will come to ride the flaws of the market and manage the risk. 
That is right, there are a lot of things to learn before you start trading as a novice if you want to be successful. Trading is all about understanding the market, you must trade more intelligently and skillfully to safeguard your capital before obtaining profit. It is not easy to trade, and many of the finest traders have lost a lot of money and that is why it is very advisable to learn and practice skills before beginning to trade because you may end up losing everything if you lack expertise.