Quote from: Z_MBFM on Today at 10:51:31 AM

Quote from: Asiska02 on April 21, 2024, 06:39:52 PM

Quote from: Kelvinid on April 14, 2024, 10:28:50 AM

Here are the reasons why;
1. It is quite stressful - old traders will soon give up due to mental health problems
2. It is not enjoyable anymore - nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
Most of the time we feel this during bear season.
3. Trust issue due to Scam growth - traders never find it safe to use exchanges, even big exchanges.

I don’t totally believe in your statement because how you feel about trading cannot be the same way thousands of traders out there are feeling about it that they have their hearts attached to it. Trading is quite risky but if you can understand the technique and able to find a breakthrough in it, that is the day you begin to receive ‘congratulations’ on your success in trading. It takes time tough to become successful in it, but with much conviction and dedication towards scheduling what you set your heart on, you can become successful in it and you can also see it as a full time job depending on how you want it and the role it’ll play in your life.

It is possible to profit from trading if you understand the technique of trading. However, many new people are getting interested in trading day by day, due to which it appears that many people use the same strategy and market chart analysis is not working many times. Therefore, in the field of trading, the strategy has to be changed constantly. And thus it is not possible for everyone to succeed in trading by constantly adopting new strategies. Traders with very small amounts can consistently make good profits. so trading is very risky for everyone. and such a risky thing cannot be a lifetime job for anyone

True, everyone can make a profit in trading if they have the ways and tricks along with understanding the concept of the market, on the other hand yes you are right that in trading strategies must always be changed or that means one must have at least more than one strategy to make a profit because as we know about the nature of the market where the market is always different over time and by having more strategies then most likely you will also be able to take advantage of every market situation. In my opinion, it is not the strategy that does not work but the problem is that often a trader is wrong in using his strategy where they use strategy A in a market that is B, meaning that it is an inappropriate moment to enter the market with an inappropriate strategy, this is why every trader must understand the habits of the market movements that occur at any time.

But it is a fact that no matter who it is including professional traders can never avoid the possibility of loss, but they have a lot of experience that can make them know what to do and what to avoid in every condition, I see that professional traders are those who have many ways to turn decisions into profits but together with smart risk management which ultimately makes them succeed in getting greater profits than losses, but for the problem of whether trading can be made a lifelong profession or not I think it depends on the person, if they are able to do it well then no problem.