Quote from: R100K-Martin-Lunger on Today at 08:07:37 AM

Quote from: Awaklara on December 18, 2023, 01:02:29 AM

Quote from: JoyMarsha on December 17, 2023, 09:41:23 PM

Quote from: Markiehillz on December 09, 2023, 06:46:18 PM

It's funny how people see trading as a Ponzi or get rich scheme. They end up losing there hard earned money in the chase for more money.

Nothing is as easy as it sounds. Even the most common thing undergoes a learning process of how it is done not to mention trading which requires someone's knowledge and skills before fully involved in it.
It would be weird for anyone who doesn't know much about trading would view it as a Ponzi scheme no matter how he or she perceives it ''to trade for some time and earn money". That doesn't make anyone calling trading a Ponzi scheme. What I normally hear from people is how risky trading can be and it is not something someone can enter without having the knowledge and skills.

That's how it should be, but nowadays we can see that there are many beginners who trade because they see success stories or other people's posts on social media related to trading. it sparked an attraction in beginners to try to make money from trading.
the mistake is that they trade without knowledge and skills. they watch videos for trading and try to practice it. after failing, they just look for someone to tell them.
every beginner has their own path to gaining experience and knowledge in trading. it would be better to get a mentor first when we are just starting out. and after that it's up to us to develop our trading skills.

Completely agree. experienced traders can help you navigate the market and avoid so many pitfalls. I always recommend that people get mentors, Or someone to guide you on what trades to execute.

Its not bad on getting or having a mentor if you are really that struggling on something or would really be liking on having that fast paced learning but its not really that necessary as if you could be able to learn on your own on how to handle up yourself with this unpredictable space.