Post
Topic
Board Trading Discussion
Re: Should trading be for the rich?
by
MarjorieZimmermanGinger
on 19/03/2024, 18:19:55 UTC
To be able to trade of course requires knowledge and also capital that they can use to trade and anyone can do this if they can analyze the market well to be able to know the right time to trade in order to make a profit, yes of course this is not entirely about money, but for those who have the ability but no capital, of course they cannot trade, so those two things must be owned by someone who decides to trade.

If we cannot understand trading well, of course we will not be able to make a profit from trading and it would be better for us to have knowledge about trading so that we can make a profit when trading.
Simply put, money is important in trading activities because even though you have knowledge, if you don't have money then we also can't get involved in it. The combination of knowledge with money is always marked in achieving success in trading, even though there are great opportunities that we get if someone really understands how to trade correctly. Trading is not easy to do because there is a big risk if someone is not able to make analysis and usually taking risks without the right knowledge will actually make us lose money.

To train trading skills requires knowledge and experience in it so if we don't have money then we can't possibly try to get involved directly. For me, knowledge and money are two important things because we can combine them to practice better trading skills. There are many people who have a lot of money but they have no knowledge about trading so there is no use for that money when it comes to trading.