Post
Topic
Board Trading Discussion
Re: Most Traders are Not Profitable
by
uswa56
on 22/06/2024, 10:59:31 UTC
Sure. Knowledge has a big role to make the decision. If we have good knowledge, we can be easier to make the right decision. So, it is not so difficult to make profits. But if we have lack of knowledge, how we can make the right decision? The decision will always depend on the knowledge. That's why it is very important to keep learning although we already traded for a long time. Sometimes, the market trend changes, we must consider more factors to make a decision. If we stop learning, we may have no improvement in our knowledge. So we may make the same mistake in making the decision.
With knowledge of course it will be able to make a person able to analyze first before they decide something in trading, but patience also plays an important role in being able to make a decision carefully in analyzing the right time to enter trading because if we make a decision in a hurry, of course we will not be able to make the right decision and that will result in bad results that we will get from the trade we do.

I agree with you, even though we have good experience in trading, we should continue to learn about trading so that we can know all the changes that happen in the market and we are prepared with the knowledge we have and will still be able to make the right decision for our trading. but if we stop learning, of course it will be difficult for us to keep up with the developments that are happening so that we can't analyze well and we can't make the right decision either.