Post
Topic
Board Trading Discussion
Re: Should trading be for the rich?
by
leonair
on 22/02/2024, 16:56:03 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?
trading is always a risky things and trading will not granted your profit for any specific time like another income source like job business or anything else so if you want to trade then you must have to have the money an ability to take risk. on the others hand you must have the another source of income to cover your daily expenses. because cheating will not bring any regular propaid for your daily expenses. trading not require any rich person anyone can trade if they have the ability to accept the trading  loss. and then if you have enough trading skill then you can make profit
Trading has spread to everyone, not just the rich. Many do not hesitate to borrow and trade despite not having their own money. Because most people consider trading as a way to earn money easily. and because of this they are jumping into trading without acquiring proper knowledge about trading and analysis. there is no restriction for anyone in trading. Anyone can do trading so no one can say that trading is meant for the rich or the poor