Post
Topic
Board Trading Discussion
Re: Trading is risky, be conscious
by
jeraldskie11
on 08/07/2023, 22:01:43 UTC
If you are afraid of risks, then there will simply be no earnings. You need to understand that profit is the payment for risks, in fact. So, you just need to know how to work with it correctly.
All kinds of investment there's a risk especially in trading because it's higher risk than investing. According to research 90% of traders are not profitable, in fact they lose money. I agree what you've said that there's no earning without risk and because we know that most of the traders are losers we have to find a way to minimize the risks in trading. The best thing to do is to find a strategy that works for you, enhanced your psychology, and don't forget the risk management. Just stick to your plan, avoid FOMO, don't let your emotions control you, and you will have a higher chance to be profitable in the future.