Quote from: Altryist on October 19, 2022, 02:22:02 PM

Quote from: Silberman on October 17, 2022, 03:50:06 AM

Newbies are always trying to find shortcuts believing they will find a way to earn money without acquiring any knowledge about the markets, and they could not be more wrong about this, there are no shortcuts, trading is a very difficult subject and if they are not willing to learn then they need to say away from it, but they refuse to do so because of their greed, and that is when disaster strikes them, since it does not matter what they may try it is almost impossible to earn any money when they are completely ignorant about how the markets really work.

Trading is difficult, and not only for beginners, as even experienced traders can lose money. But without mistakes, you won’t be able to gain experience, so beginners should go this way. The main idea here is to first learn trading in theory in order to understand the basic principles and only then start trading. This should save a lot of time and money, which will not be lost if a beginner starts trading right away without any knowledge of it.

It’s just a big wild west out there in the trading world, which means that if you are a great gunslinger then you are going to end up with a lot of profit, but even you could get shot in an unlucky situation, so there is never a guarantee.

Day trading is very difficult, it is one of the hardest things to do, and if you really want to do it, then you should be able to actually form a good point to not care about the losses, learn from them, and move on. Because if you ignore them, you will continue to lose, if you are stuck on them and cannot continue, you can't recover. But if you learn from them and move on, you won't make the same mistakes, and you will get better.