Post
Topic
Board Trading Discussion
Re: How to become a successful trader
by
Lantind
on 19/05/2024, 15:06:20 UTC
First money. Not immediately practicing with the money you have, but trying to find out what makes you ready to lose or other names is a process. From the initial capital, the target could be additional income, not a large amount.
You will never lose as long as you focus on the process, for me that is wrong.
Never mind new traders, professional traders who have been trading for a long time will also experience losing money because losing money in trading is part of it. Perhaps a smaller percentage of losses are achieved by those who are already full of experience with the trading process.
Understanding the trading process is of course very important before deciding to trade which could make us lose the money we use in trading and in trading of course there will be losses and profits and in my opinion this really depends on the knowledge and experience we have. in analyzing the market, if a trader can analyze the market well, of course he will be able to gain profits from the trades he makes, as you said, it is true that those who have good experience in trading will definitely gain profits from these trades. trade they do. resulting in a smaller percentage of losses because they already have experience in the trades they make.