Quote from: BlackBoss_ on May 10, 2024, 12:02:43 PM

Quote from: tvplus006 on May 10, 2024, 11:38:58 AM

I think that after all, the right decision would be not to wait for the moment when you collect enough money for full-fledged trading, but to start trading with a small balance, which will help, if circumstances are positive, increase your deposit. In addition, you will get an experience that money cannot buy.

Going full-fledged with either trading or investment when you don't have enough experience in the market is very bad idea. It will cause massive and painful loss for your capital because lack of experience can be beginning of domino loss effects.

To gain experience, people need time and actual practice in the market so using capital gradually for investment or trading is better practice approach. It will help us to analyze our knowledge, practice and can adjust it if possible, without losing all our capital with one or two full-fledged investment or trading.

I have to say that we are going to end up with something that will not be all that simple, we are going to get something that will take a while to get there, so it is not going to be all that easy. We should probably realize that learning how to be a good trader isn't that simple, and it will require months, even years of learning, you should probably stay away from trading itself for at least 3-6 months to learn how to be a good trader first, and another 6 months to just trade with small amounts to see if you actually learned it.

Depending on if you are making a profit or not, you could increase the amount or go back to learning, some people fail to learn and make a loss, then you start to study again, some people learn and start to make profit, those could increase the amount.