Post
Topic
Board Trading Discussion
Re: Day trading
by
ethereumhunter
on 20/10/2022, 03:20:34 UTC
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.
Agree with both of you. Trading is indeed difficult but it will depend on how we can overcome that difficulty and can turn the situation around to profit from trading. Only by learning can we earn profits and reduce the chances of losing money in trading. So before you start trading, it would be better to understand how to learn and start learning to trade to gain experience because having more experience and learning more can give us the ability to analyze. And if we already have sufficient ability to analyze, we can try to trade daily.