Quote from: awik p on Today at 07:34:53 AM

Quote from: indah rezqi on May 09, 2023, 09:02:14 PM

Quote from: Oilacris on May 09, 2023, 08:17:30 PM

Trading isnt a rich quick scheme or method on making yourself believe that it would be something that would pull you into your current financial status.
Its an opportunity though for you to make some bucks or profits but of course there would be things needed for you to learn first.

I agree about this one because that's how it is. While some traders with big budgets can generate huge returns, it is very difficult to find them among the other pool of traders. Strategy and budget play a role in the success of a trader but if trading is to get rich quick then I think this plan will be very difficult to achieve.

Futures trading may have been widely used by some traders expecting multiple returns so far, but I don't think it's the best option for accelerating wealth. Futures trading is good to consider as long as the trader understands the strategy and is able to analyze price movements, but it's difficult so the risk of loss is much higher than the return.

luck that makes beginners trade and get rich right away. but not necessarily they will survive to become even richer from trading results. therefore the main thing is trading knowledge that will lead us to become rich from trading results, considering that many people misinterpret trading, so what happens is the opposite, not the wealth they get, but the wealth runs out because trading is addictive and destructive psychology and common sense

Luck is part but most of the time it would really be relying on your knowledge and skills for you to be able to sustain up trading and this is something a more realistic approach when you do engage up with trading on first time. Yes, there would really be those initial impressions that it would really be that looking so simple and thinking yourself that you do get this but on the time that you would be experiencing it then you would really be having a taste on how unpredictable this market is. Just like the rest been saying that trading isnt a get rich quick scheme on which you could simply make out money out of those moving prices. There's no way that you could be able to handle out yourself most of the time and would be making out good positioning in towards your buying entry.

You might be able to get 1 or 2 good shots or spots but doesnt mean that it would be lasting up on longer runs. You would be starting to realize when things turns out to be already that challenging or something
that starts on getting much more harder. You would be soon realize that this isnt something that you could be able to take a grasps on a short span of time and does really need that extreme effort
and time allocation for you to have a good hold of it.