Post
Topic
Board Trading Discussion
Re: Why are people getting scared to Trade
by
Stable090
on 09/06/2024, 16:01:11 UTC
Most of these people do not have the finances to trade so with the little capital they have in their trading account they tend to manage it and take high risks and that is why they are scared of trading most of the time.
If you don’t have much money to trade with you, then you decide to trade with the little amount of money that you have, you are not supposed to take high risks, you are supposed to manage your risk. If you are trading and you are taking high risk, the chances of you losing your money are kind of high, but if you can take low risk, then gradually you will be able to grow the money that you have in your account. When trading, taking high risks is really dangerous because with any slight mistake, you will be losing your money in a trade, but if the risk is low, even if you lose, you will still have something left.

Experience in trading doesn't mean a trader will continuously be in profits
Even as an experienced trader, you are going to lose when trading, but as a trader, it’s better if your profit is always more than your loss. If your loss is more than your win, then you should check your analysis. Being a professional trader doesn’t mean you won’t lose.