Quote from: ancafe on Today at 06:10:26 PM

Quote from: Monarch B on March 16, 2024, 05:19:58 AM

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Psychologically disturbed when a beginner gets involved in trading and ends up losing a lot of money when they want to trade. Controlling risk is not as easy as it sounds because when it comes to losing money there are many problems that can affect a person's psychology. Trading is not easy to carry out if someone does not have good knowledge and most beginners are involved in trading because their habits are influenced by the desire to make money quickly. That's when their psychology is disturbed because they think too much about how to make big profits from the trading activities they do.

Trading can be learned in a relaxed manner and one can engage in it responsibly by using small amounts of money as an effort to practice experience. If people gain experience, they can add a slightly larger budget for the trading activities they carry out. Control risks so that we can maintain psychological safety to lose a lot of money in trading.

No one will say trading is easy, unless they are already pro traders. Even in certain circumstances, pro traders will find it difficult to make profits in the market even if they have skills in analyzing markets and the like. Trends are not always the same and changes in trends can occur at any time, especially when offers become higher at one time.

I admit that to become a professional trader you must have good trading psychology. They can learn as time goes by, but of course there are costs they have to pay, such as time and materials during the process. This means that nothing is instant.