Quote from: Onyeeze on September 18, 2024, 09:24:55 PM

Quote from: Salahmu on September 18, 2024, 07:09:03 PM

Do you think that understanding the rules and regulations of trading will make you to win your trading all the time?, actually the complexity in trading is beyond just understanding any rules, so if you are having the believe that immediately you understand the rules and regulation of trading you have become an experience trader you are obviously mistaken because you will be gambling with the money you are supposed to be using to invest on Bitcoin for a long term purposes.
If you are so certain about being good in trading with just knowing the rules and regulation would you mind telling us how much profit you have made from your trading through the rules you have understood?.

It's obvious that when you learn your trading very well your loss will be different from someone who doesn't know of trading that's what I mean, people with little understanding of trading are the one that always complained of loss, neither you involve yourself in a day trading or long-term trading, do you people want to tell me that trading doesn't have a scope that you follow and trade out profit, when you make research of trading and couple with your past experience I don't think that you will lose as such other people may think that trading doesn't give profit, in summary learn your trading very well.

I don't think there is anyone that will say that trading is completely bad because it isn't and there are people making a decent living from trading. What seems to make trading bad is the attitude of people towards trading. If you have tried trading before, you will agree with me that there is this hype and tendency to think that making money could be easy and fast from trading. This is usually the source of problem for people and the reason you see many people fail in trading. When people are so hyped and focused on the money, they tend to ignore the need to control the risk, therefore they go all in and often harm their finances so badly.

In addition, considering the high knowledge and psychological balance demand of trading, not many people are willing to submit to the learning and practicing process required to make one a successful trader. Instead, people try to follow shortcut and end up in problems. Apart from this, anyone who commit to the learning and practice involve can actually make a living from trading. On the contrary, investing and holding seems to be a less noisy and easier approach that does not require so much technical expertise.