Quote from: jaberwock on Today at 06:08:02 PM

Quote from: BlackHatCoiner on July 06, 2022, 10:46:38 AM

Can I have a precise and constructive answer on whether trading is really worth spending time on? My brother wants to do this job for a living, and I'm just curious if it's a dignified, worth-spending occupation. I don't know where to ask, I don't understand technical analysis; when he explains it to me I feel it's some sort of gambling strategy.

Interestingly people do not understand that not everyone trade for a long period of time without really liking it. Not saying that it will be something people would not need it, or not because of money, because we know it's all about that. But, we all know that it is not easy and it would take a while before anyone could "enjoy" it, even if they lose it.

Some people trade and they love it when they make a profit, but there are people who do not give up when they lose and work even harder to get it back and they study hard to learn how they could learn from their mistakes and become better. That is the type of people that will become a trader and for them it is fully worth it.

Trading will best suit those who literally like doing it. Some people trade just to earn profit and do trading even without enjoying it. As a result, they usually have huge losses because they are not able to handle their greed and emotions.
Those who love doing trading also have losses yet take their experience as a lesson and move forward to correct their mistakes. All in all, it's about having the right mindset toward trading. It could be considered as a job of those who love doing it and are ready to deal with its risks.