Post
Topic
Board Trading Discussion
Re: Trading is risky, be conscious
by
synchronym
on 30/11/2023, 15:33:01 UTC
Over the time, I've seen people wanting to go into trading because they feel or think is a get rich quick scheme but get so disappointed along the process because the result they get isn't what was expected.
Trading is a very lucrative business but also a very risky business as well and as such should be done with so much caution.
What would be your advice for those wanting to trade as a newbie?
There should be enough knowledge about trading otherwise success in trading is not available. Especially I would say new purpose. Newbies should have an idea about trading before they should have an idea about how to trade and how much profit they can make.  We all know trading is very risky. There are many newbies who trade too hastily without thinking about this risk. This shows that they often suffer losses. When it comes to trading, we all should be patient and check the market before trading.