Post
Topic
Board Trading Discussion
Re: Is trading good for beginners?
by
Cryptoprincess101
on 16/03/2024, 17:52:58 UTC
Trading actually doesn't need to be done by someone who is not familiarize with trading strategies and basic signals that will propagate the trading process but we need to understand that there are some point in life when the best way to learn is to lose some money because when you lose, you become more eager to understand the reason why you lost some cash and it will also make you to have more understanding.

Though trading is not too advisable for a beginner without any idea of how trading works but a trader have to start from somewhere despite losing some money in the process

unfortunately, there are two types of novice traders in case of such a situation. The first is a novice trader who learns from his trading losses and considers it a process of learning to trade. and he continues his trade.
and the second is a trader who does not learn from his trading experience. Even though he loses in trading, he always makes the same mistakes over and over again.

Trading for me is not for beginners. but beginners can learn to trade. whether it be from your own experience or the experience of others. as long as they want to learn, beginners will also become professionals when they persist.

You are right on your definition on the types of traders and you should know that be it a trader who wants to learn from his mistakes or the one who keeps making mistakes over again, in the starting point of trading losses are expected till one becomes used to how the system works. Saying trading is not for beginners, I don't actually know what you mean but how can someone learn trading without partaking in the trading process?

Losing a little money because of trying to trade or because of following the trading learning process is not wrong. But it would be better if in following this process you don't have to face loss because this will also affect a person's mentality, especially if the person is a beginner in this matter. Because beginners can also learn trading without having to face losing a certain amount of money, so if there is an option that does not require initial sacrifice, of course that option should also be considered even though the option you said is not bad for someone who has a stronger trading mentality.

So are you trying to tell me that professional traders doesn't lose money as well? Trading is risky of which sometimes traders do lose some amount of money so saying that a beginner doesn't need to loss while trying to learn trading is something I don't understand because just like I said, we lose money sometimes when trying to know about something and afterwards gain experience that will guide us next time in other not to run into losses.