Post
Topic
Board Trading Discussion
Re: TRADERS are not UNEMPLOYED
by
Ludmilla_rose1995
on 22/06/2024, 23:04:14 UTC
Trading is not something that a person is supposed to fully depend on because you are not guaranteed to get profit all the time, especially the unemployed ones. But as you said, it is very risky to start trading with your savings. Yes, I actually believe that. But you can split your savings in half and still use the other half to trade, and if you succeed, you will use the profit as capital and return the other half. If you lose, you will just have to be patient. 
Money management is a very important thing in trading, I have never seen someone who was successful in trading but couldn't manage their finances well, so this is a complement, if you can manage your money well then your path in trading will be smooth

Because sometimes risk-taking makes you rich, that is why some people are not afraid to take risks, no matter the consequences. They will still take them because they believe and have the potential to succeed in the risk, even though sometimes they do fail.
taking risks carelessly and taking risks with a mature plan are different things, many people fail because they take risks without a mature plan, the same goes for trading, you will only lose if you take risks without a mature plan