Quote from: MCUKing on September 09, 2023, 01:34:36 PM

Trading, in essence, is akin to navigating the financial waters, where emotions often run high. It's a pursuit of profits through buying and selling assets, marked by excitement and anxiety.

What do you think about trading say it recklessly. Not limiting the way of answer answer in the terminology of emotion, in your experience in whatever way you can.

The only reason for creating this topic is I was having a random debate on trading with some fellows and they taunted me by saying What is trading? Just Buy, Sell, and book profit that it. Actually, I just wanted to let them know about the depth of trading because they were just familiar with the few terms in trading. How far my newbie fellows know I'm not sure but here is a list, so if you encounter such debates I want my fellows to defend it by letting them know about its depth. Some people just comments its gambling and blah blah

This list you have provided can complete a trading book if you are writing one. If a newbie sees this he will turn away from trading at the very beginning. It is true that trading is not only buy, sell and book profit but a combination of money management, market analysis and action. Only one can make you a successful trader. For example, if you are trying to make a profit you need to manage your funds in the least risky way possible so that one bad trade can not eat up the profit of your 10 good ones. This is important because the fewer bad trades you take the more profit you can generate. On the other hand if you have a good money management strategy but cannot do market analysis, you will pick a bad entry point or have will have hard time getting a perfect entry point for your trade. The same thing applies with action. You have good money management strategies and market analysis skills but you fear trading. This will also make you incapable of trading.