Post
Topic
Board Trading Discussion
Re: You lose more when you over trade
by
MFahad
on 23/12/2023, 15:30:08 UTC
YouTube channels created the idea that you can make a full-time living from trading, and that trading has become a  full time job where you wake up in the morning, make 10 successful trades, and make $5 to $50 in each successful trade. And so you repeat it every day until you become rich, which, if it happens, means that you have an amount of big amounts or it is something that rarely happens and is not even available to everyone, so trading requires patience  in the long term until you see some results achieved.
that is so true. I've seen many of those so-called Youtube traders they even trade in live streams and show that they are making a lot of profit live at that moment. I really don't know if that is really possible or not maybe it  is possible with huge cables. but the sad thing is so many new traders with $50 to $100 follow their paths and end up losing all their investments.
I think they should teach new traders how trading works, and what are the odds and chances of losing and winning.  people see them as mentors they should really live up to that standard.