Post
Topic
Board Trading Discussion
Re: Day trading
by
Silberman
on 23/10/2022, 03:18:09 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.
Newbies should build strong foundation if they wants to be experts in day to day trading because it requires time and consistency. The thing is that they're not ready to learn before they will start earning. There's is this quote in crypto which says one must learn before one will earn. It can take up to two months before going fully into crypto because by then one must have had a clear view of the space and knowing the key basics of crypto. But instead, they refused learning and just jumped into doing DAO or trade and mostly becoming victims of scammed projects. Ignorance is also among the key factor making newbies lose interest in learning aspect of crypto and how the market operates.
And if we look a little bit more profoundly into this we will see that the reason they do not want to learn about the markets is because they are not really interested in them, they are interested in making money and nothing more, but they are not really interested in learning the process which will lead to them to get those results, and as you may guess this means that the majority of the people that come here thinking about making a fortune will never realize their dreams, and instead they will lose their money to the few traders which are actually interested in knowing how the markets work.