Quote from: Mpamaegbu on September 18, 2024, 10:41:54 AM

Nobody rushes into a river while learning how to swim without testing the waters first with a foot. You don't test with both feet. Otherwise the person drowns in the process. It's the same thing that happens with driving. So, why do people think they can go into trading and become profitable immediately without the set skills.l? I don't invest any sympathy on newbies who rush into trading and then lose without trying to acquire the skill set for it.

Agreed but I do have some sympathy for them because some of them got where they're because of ignorance. Considering they had the information they would have done things differently because some of them got so overwhelmed that they can start making money and didn't think about the decision they're making before starting to trade. Before they could've realized, it was already too late and they have lost some money. The people that I'm going to blame are those that are not willing to stop after they have been informed that they're doing things in the wrong way.

Trading isn't to be rushed or you'll rush to lose all your money. Also not rushing isn't enough reason because you might never win until you have acquired all the knowledge that a trader needs to get good returns. Trading isn't for someone that isn't ready to make sacrifice of time and money because you'll lose those two things many times before you become successful.