Post
Topic
Board Trading Discussion
Re: The pressure,fear and indecisiveness that comes with trading.
by
Dewi Aries
on 03/07/2024, 23:36:39 UTC
Very true, no trader born as a trader everyone of those learnt it after doing it practically for many years. Trading is not a skill that someone learns within a month or year, it's a skill that requires time, patience, and consistent practice of many years.

I've been a crypto trader since 2016 and I was into forex and other types of trading before it and I can say that one can't be a good trader within a month or years because those who make some profits in first month or first year aren't good traders but lucky guys and when their luck stops favoring them then they continuously lose money in trading.

If someone wants to be a part then that person should keep in his/her mind that trading isn't a child's play  and it's way tough when volatility is high. One should give proper time to learn trading, technical analysis, and research in order to make some money or a fortunate as a trader. And that thing can sometimes take years of practice and control over ones emotions.
Lamentably, there are many people that believe otherwise, they think about trading as an easy way to get rich and with little effort, not realizing that trading is incredibly difficult to do it right, since you are competing against traders all around the world, and you need to be incredibly competent in order to beat them, so once those people try to trade they get frustrated by the level of difficulty they have to face, and that is when they try to find signals or pump and dump groups and they get themselves scammed by those people.

I am sure that this mindset exists within them because they have seen the success achieved by traders who are already successful, they see the luxurious life that successful traders have, and as we know, in the internet world especially social media luxury has become people's daily diet where they always see people who have luxurious lives and when these rich people tell their stories where they achieved all this wealth as a form of success in the world of trading then yes of course that is the case. This is a big motivation for most people, where people start to try and have high hopes, along with the assumption that trading is the right solution to improve their financial situation or think that trading is a get rich quick scheme, but don't first do research about what and how. actually trading, so that in the end they move on the wrong path and when they feel frustrated because it turns out everything is not as beautiful as they previously imagined then yes as you said that in the end they try to hang their fate on other people such as disreputable signal groups so they are deceived.

Basically, trading is a difficult profession, but there are those who succeed, meaning that the majority of those who fail are those who didn't do research from the start to really consider whether or not they would be able to go through the whole process. or it could also be because they are always lazy to study.