Quote from: irhact on Today at 07:07:02 AM

Quote from: Aanuoluwatofunmi on September 10, 2023, 02:24:58 PM

Day trading is very interesting to do because it's one of the most convenient means some people finds so easy to use in trading especially when they are specialized on a day to day trading activities and want to realize some income from it, day trading must also be done with utmost care in other to avoid making unnecessary mistakes, we have to engage in the use of trading indicators to help us achieve the best and maximum degree of our expectations in trading each time we are doing it.

Day trading can be profitable and not profitable to any individual that wants to be making money from doing it but they have to make sure they know how to trade very well before they start doing it. Many individual just start trading without having any experience and that's why they always fail and begin to blame the market of been a scam meanwhile they were the ones that didn't understand what they were doing but because they were winning they thought they're good traders.

When you start trading, you can get beginners luck but we don't have to let that confused us because the more we go dipper the harder it begins to get and we start losing so it's always wise we know how to trade properly before we decide to be doing it everyday for profits.

For beginners, it is normal for them to lose in trading because getting profits in trading is not easy, especially if you do it all day, you will be confused by market conditions and quickly stress your mind because your analysis does not match what the market is saying after you. make an entry.

What becomes very vulnerable is when they are too ambitious to get big profits with big capital when they have already had one small win from their trading activities which makes them brave, and in the end it makes them worse off because of their carelessness which results in big losses and cursing the market, as if as if they were being trapped.

Talking about whether you are profitable or not, of course it is relative and is always there every day for a daily trader, and if you are a beginner, don't choose trading as your main income to earn a living, or in the case that you have experienced victory in one week from your trading activities. in the market, then you want to move from the real job you have been doing for a long time to trading, I think it is better to be consistent first in the old job and learn more about the world of trading. If you feel you can control your emotions and manage your finances and have the vision to assess the probability of profit from trading, then that's when you are worthy of making trading a place to earn a living or your main job.

But are you going to trade for the rest of your life, I hope not, you have to think about other ways to earn extra income in your old age from now on.