Post
Topic
Board Trading Discussion
Re: Should trading be for the rich?
by
MiF
on 07/05/2024, 05:17:45 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?
I think trading is for everyone not only for the rich because there is no harm if we do trading using a small amount of money, however because of the very risky situation small trader lose because they are afraid of loosing they can't control the emotions when it comes to money and they cannot focus on the important strategy to earn profit. While the big trader always earn because they are not afraid to lose because they have a lot of money they have a big confidence and always have a big patience because the money they used in trading is just a small part of thier millions of dollars.