Post
Topic
Board Trading Discussion
Re: Trading is not very easy; it took my friend a long time to understand.
by
Stable090
on 04/12/2023, 21:31:19 UTC
I have been watching my friend very closely; he was very impatient with trading. And this impermanence keeps him at a loss most of the time, which is really very frustrating and sad for him.
Because he spends his entire salary on trading, which over time earns him (supposedly 0.001) cents.
 

Trading is not something you can just start without having basic knowledge, you will end up wasting money. Since your friend really wants to learn about trading, they should just look for someone who understands trading and they can just put your friend through it. I think that’s the easiest way to learn how to trade. Your friend will find it difficult to learn all those things on YouTube. I don’t trust most YouTube videos. It's just better you get someone physical to teach you. If you can also read books and learn, it won’t be bad, but your friend is still going to waste more money.

Seeing my friend's behavior like this used to make me feel a lot of fear and annoyance towards trading or cryptocurrency.My reluctance to trade developed even though I had not started trading then. Again, I had no idea about crypto world.

When you are learning how to trade, you should keep in mind that you are going to waste money. Trading is not something you can learn without losing, if you start trading, loss will definitely set in. Even professional traders do lose when trading, just that their profit is always more than their loss. So just imagine you trying to learn how to trade, you will be losing more in the process of learning, but with time, your loss will reduce.