Quote from: Cryptmuster on Today at 09:39:49 AM

Quote from: Pandu Geddon on June 09, 2024, 04:31:48 PM

the fear of losing money is unfounded. because they don't have trading skills they are afraid to try it. Even in the process of learning to trade, they may spend quite a bit of money.
Other fears may arise because finances are still unstable. It's very easy to have an interest in trading if you see friends or videos of people's success in trading. but if your finances are still unstable and you force yourself to start trading it could have a bad impact on your finances.

Trading is not as easy as we think. there is a lot to learn and prepare before getting serious about trading.

Any trader will lose money, especially for beginners who are just learning and trying to find their own working strategy. Training will also mean losing money, otherwise it will be impossible to check what works best for you. A beginner will most likely learn from day trading in order to try out everything that interests him as quickly as possible, but in the end he will come to the conclusion that medium-term trading and long-term trading will be the most optimal, I say so, because this happens in most cases. And at first, when it seems that trading is too difficult, they may think that trading is not for them, everyone goes through this.

Of course, as you said that any trader will definitely experience losses, meaning that the possibility of loss is a risk that can never be separated in the world of trading regardless of who you are even though for example you are a professional trader in the sense that you already have a lot of experience and high flying hours. On the other hand, yes it is true as you said that the training phase also means a process that has the potential to lose money, because of course in any case in order to gain knowledge, one must first make mistakes.

On the other hand I am interested in your idea above which says that in some cases there are some people who fail who ultimately say that trading is not for them, and I am sure that when they try other things or other fields then when they experience difficulties again they will most likely also say the same thing “this is not the right place for me”, meaning this is why a strong mentality is really needed.