Quote from: uswa56 on Today at 06:17:16 AM

Quote from: josgandosbro on July 10, 2024, 03:06:42 PM

Trading is give more profit. That the reason many people use the training. But trading is to risk one. No one know about that the risk. Trading is not easy to get profit. We need know about the training process. Without knowledge we lose the money. So don't tack risk in trading. Frist Lear the training process. It help to get profit.

If you have been able to get a lot of profit from trading, of course you have a lot of experience and knowledge, but this is certainly not something that is easy for some people to understand so they experience failure in trading because they don't have good knowledge about trading so they don't do it. based on the knowledge they have, of course this is very detrimental to themselves.

To gain profits in trading is of course not an easy thing if you don't have good knowledge and skills and even those who have experience still experience failure from the trading they do and continue to practice, of course this will give us experience. to be able to trade well and of course it will generate profits for us and most people who fail at trading of course they don't study first when they decide to try trading, of course it is difficult for them to make a profit.

The major thing about trading that makes it somehow complicated and difficult is that knowledge alone is not enough, because you might know how to do proper technical analysis, fundamental analysis and still be losing money in trading if you doesn't know how to control your emotions.

Sometimes your emotions might be in check base on the fact that you traded with an amount you can afford to lose, but you might still loss money base on the fact that you traded with too much high leverage, and one thing we all needs to understand in trading is that, any stone left unturn will definitely result in significant losses, if your risk is not managed properly.

And lastly, you might make a very good amount of money in a week, and lose all of them in a single day just because of one wrong move, unless you realize early and decided to cut your loss, if not, you might loss everything, so in essence is that for you want to succeed in trading, you definitely needs to be at your very best controlling your emotions, putting your technical knowledge at work, being patient and managing your risk properly, all is actually needed to be a successful and a profitable trader.