Post
Topic
Board Trading Discussion
Re: Trading is risky, be conscious
by
bayu7adi
on 15/11/2023, 04:23:24 UTC
If a person plans trading for a get rich quick scheme, then I would say it is totally wrong. Because trading will never get you rich quick, making money requires a long period of time, which is not possible with trading. Investing is the best, and profitable as compared to trading which can give you good profits. Trading is risky when the market starts to be volatile, and you are more likely to lose your money. That's why stay away from trading business don't lose your money rather you invest for long term it will give you profit and less risk.
Both trading and investing involve risks, and the real issue here is for beginners trying to enter the trading world. They will undoubtedly face significant challenges. All beginners struggle to explore without a mentor. The role of a mentor is crucia to truly and quickly learn the trading world, a newbie should have someone guiding and providing instructions in every move and knowledge growth.

To learn various techniques commonly used in trading, one should at least have a teacher, role model, or mentor to impart that knowledge. Instead of self learning with Youtube or reading blog, which takes longer than the targeted time to start making a profit, it's better to learn from a mentor, even if it means paying them upfront.