Post
Topic
Board Trading Discussion
Re: Does Trading Can make me rich?
by
harapan
on 21/07/2022, 20:38:37 UTC
I'm new in this forum and i wonder if i can get money from trading. Does Trading can rid of poverty?

Trading can make you rich if you are already rich.
Though I don't know your definition of richness, but for you to make a huge fortune to turn a rich man you will have three things;
1. Trading skill: Your skill should be a way above gambling, you should have working strategies and have a good knowledge of the charts.
2. You must have good start up capital. You cannot start trading with $100 and expect to become an overnight rich man.
3. You should have a good risk management and then don't be greedy or in other words, be patient.

Goodluck!

From the question asked one can detect OP has no much idea about trading. Trading can both keep you like a ship wrecked in the middle of the ocean and like a king,that can only be possible if you get to find what's right and wrong and tend to avoid them all in your trading journey because I can verify your having less understanding about it. Getting in and don't trade with a fund gotten from loan's or borrowed. Lost my manner's bit your welcome take you time and don't find the reply as an ambiguous one. Have a good plan at first on what you want to do and don't be greedy when you have started making profits.