Quote from: Ini200 on Today at 08:45:50 PM

Quote from: rojan on Today at 04:24:58 PM

Quote from: Pressurizedem on July 05, 2024, 11:13:01 PM

You are right about the statement that you made,that losing is part of trading,I can really say that losing is one of the most important thing that should happen to anyone who wants to venture into trading.If it is smooth from the beginning,you won't know how to trade,it is only when you lose,and come back to re-strategise, and plan again that you can be a successful trader.Those who didn't lose from the beginning,will lose when they have already invested so much in it,and maybe that time might the the highest lose so far in their life.It is good to lose so that you will get enough experience.

There are many hurdles to face while trading. By overcoming these hurdles, one can learn a lot about trading. Newbies often risk their money by making mistakes and lose money. So I think those who can start trading with good trading experience from the new situation will be very experienced at one time and who themselves know when the market condition will be bad and when the market condition can be good.

Learning from experience is always the best way to undertand and master the art of things. I have also lost a few bucks when i started but currently improving and i won't give up till i master the techniques.

Along with expertise in trading a specific strategy is also essential. Most things require your patience in trading. If you are in control of your emotions you can become a master in trading. With consistency and self control you can avoid financial loss. Understanding market changes and making decisions accordingly is very important. Success in trading requires hard work and patience. Trading without planning and analysis can be disastrous. If you are emotionally strong, you can succeed in business.