Post
Topic
Board Trading Discussion
Re: Should trading be for the rich?
by
Ben Barubal
on 07/03/2024, 19:43:25 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 open to anyone who wants to learn from it or make a profit from it. Then the basic rules in trading if you want to make money here are that you must have the capital to buy crypto assets that you will trade with, because that is what is needed; you cannot buy coins to trade; that's why you are called a trader. These are basic things that we should know.

     Apart from that, there is also a lot to consider in learning trading because it is not just guessing. Of course, it is not like that; instead, there are indicators that are used and based on so that they can make technical and fundamental analysis. Are you willing to know and go through them?