Post
Topic
Board Trading Discussion
Re: Should trading be for the rich?
by
Pikachi42
on 23/01/2024, 19:44:47 UTC
There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?
Personally I think it is almost impossible to get rich by trading. The probability of this is only 0.01% because trading is a kind of tide. And no one can ever profit from gambling. Although they gain some money temporarily, there comes a time when they lose everything in life.