Post
Topic
Board Trading Discussion
Re: Should trading be for the rich?
by
Bushdark
on 20/04/2024, 08:00:31 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?

No, trading is certainly not only for the rich. It certainly true that most people have more capital to invest in trading than others, you can still start up with any amount you have. You should also understand that there are risk involved and there are no guarantee for profits just so you know. That's you can lose your money through this process don't feel too surprised.  There are many successful traders who started with small money they have and has made significant profit. To be successful is to learn, understand the market and come up with possible strategies.
Trading is certainly for everyone that is interested in it. We don't have to see trading as for the rich people because they have the fund to trade and make more money without having to go borrowing just like an average man would do to get funds to trade in the market.
Anyone can trade depending on how knowledgeable we are to make money in the market.
There are so many signal groups one can join to earn from the market and we should always be risk management conscious because to lose funds is as easy as earning it.