Post
Topic
Board Trading Discussion
Re: Should trading be for the rich?
by
MissNonFall9
on 11/05/2024, 02:34:34 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?
To come in trading, first of all we should fix the mindset and make all kinds of preparations for trading. How is it? For example a person who has practiced trading on a demo account then realizes that he is good enough to trade, but at that moment he has no minimum capital. Then he lacked the mentality and preparation to trade. And it is not at all that only the rich are suitable for trading. Anyone can learn to trade and do business. Because there are many examples of people who have become rich with very little capital.