Quote from: Fredomago on September 07, 2024, 05:59:02 PM

Quote from: Maslate on September 04, 2024, 09:55:52 PM

Quote from: Iamcrypticguy on August 31, 2024, 02:39:21 PM

Hey mates, happy weekend! I think we should have a discussion about what motivates traders.

Is it the thrill of seeing your setup come to fruition, the money and flexibility that successful trades offer, or perhaps the partnerships and extra rewarding events that successful traders get to participate in?

What's your motivation?

Whether it's trading, investing or gambling, there's only one certain goal that motivates us, that is to make us profitable in the long run. That's the exact reality. People become more eager to trade or invest when they experienced their first profits. That proves that money is the best motivation in trading, others may only be indenial of that because they don't want to be called greedy when we all know we are all greedy by nature.

Yup, I see your point whatever the venue was most people who take the risk are all after the potential amount that they'll be able to gain, most of those traders find different ways and plans different strategies to earn money from this investment, it motivates traders and investors to learn more as they know that with proper understanding and a good knowledge and skills may provide decent amount of benefits, more on that money involves that potentially be taken if you manage to learn the principle and the factors that affects market movements.

If you are ready to take risks, the trading will work for you and you will be ahead of the curve. At the same time systematic corrections. Focus primarily on modest portfolios or holdings that are built up through regular buy. Trading skills should be developed mainly from the holding stage as holding is important to ensure the correctness and fairness of your capital. The alternative to holding is simply HOLD to monitor market movements and prepare yourself accordingly as an experienced trader.