Post
Topic
Board Trading Discussion
Re: What motivates you as a trader?
by
Dewi Aries
on 14/09/2024, 17:52:02 UTC

He chooses the wrong option. Even though we can say that trading is profitable, this never meant we could make it too easily and fast. If he has a financial problem, I doubt he can manage it. Indeed, pressure is a big factor that may affect his decision-making, and I'm afraid of a total loss of his money. As an experienced trader, it was not just the money we needed (enough capital) but also focus and time. 

Well, a person can do impossible things if we really want something to achieve. Anyone can be a good trader, but as I can say, trading is not an easy job to think that money can be obtained easily. We could just hope that he will be successful in his plan. 

Yeah, it takes time and better understanding regarding to the type of business or invesmtent that you are into, trading can be profitable but like what you said, it's not or better to say that it's never easy as how some newcomers think of it, you need not just to invest your money but you also need to invest your patience and time, there are many factors that you needed to consider, things that may affects the potential outcome of the market, all of those information are needed to be obtain in order to have  a much higher chance of success.

Well that's it, a good point with what you conveyed and as you have conveyed that making a profit in trading is not as easy as turning the palm of your hand, and we can see where the evidence is that it is not uncommon for us to see traders who ultimately fail and lose a lot of money and time, but I will also say that the same thing should not happen to you if from the beginning you know and understand what you are actually facing, because usually you will be able to measure your abilities if you have seen an activity that you want to do from various sides and not just in terms of its benefits.

I see that in most cases traders who fail are those who from the beginning are too focused on profit opportunities but do not think about and consider other unwanted possibilities that of course can befall them at any time such as losses, so the point is there is nothing instant, making a profit in trading is not as easy as we see, profit opportunities always depend on how smart and how much knowledge you have, meaning of course it does require a learning process first.