Post
Topic
Board Trading Discussion
Re: How tough is futures in comparison to spot trading
by
justdimin
on 11/07/2024, 18:55:23 UTC
Whatever it is, there are risks and for people who have the intention to practice and the intention to try it, that person will definitely be able to get through the bitter times and find beautiful times. Trading is a job that really requires knowledge and expertise in understanding market conditions and in taking advantage of certain moments related to the market so it is clear that there is no easy way to do it even though there are most people who have been successful with trading now and in the past.
You are right, in whatever we do of course there are risks both in trading and investment that we will face and by continuing to study and practice this of course this will be able to increase the knowledge and experience that we have and this will can make it easier for us to be able to make a profit from every trade we carry out, being able to know the right time to enter the market of course this will give us profits but this will make us have to continue to monitor market conditions so we can get the right moment to trade and make a profit.
I do not think that you need to know it that well, you just have to follow the market, get in when people are hopeless and price is low, and get out when people are hyped and greedy. That is exactly what you do in trading, look at the past two months and you will see a few times that happened, which is why I think it is going to be quite important to consider how that will change some stuff. We need to realize that we are going to end up with some stuff that will get a lot better.

We need to focus on how to get better with time, and while that doesn't mean that we are going to end up with a profit overnight, if you get in at the bottom and get out at the top, that is the entire goal. Now you may think that's obvious, but plenty of people are selling when it is going down as you can see.