Post
Topic
Board Trading Discussion
Re: Don't invest your all!
by
Alone055
on 20/09/2024, 17:44:22 UTC
When someone thinks that they will be able to profit easily on the trades they make, it is certainly very inappropriate because there are many things that they must prepare to be able to make profits from every trade they make, because without having any preparation, of course they will easily spend the funds they have on the trades they make.

It usually depends on how much time a person has spent in the market and how much they understand trading in general. Most people who tend to lose their money easily in this market are those who know nothing but think or behave like they know everything. They are basically influenced by what they see around them when people create clickbait images and videos about how much money they earn in this market without talking about the risks and everything.

Using funds that they can afford to bear for losses when trading is very important and do not let someone who is just starting to trade with large funds and it will be better for them to first try with small funds until they really understand the trading and then try with larger funds in order to make greater profits.

Again, it's all about having the right mindset. If you don't know something, just acknowledge it and accept it because if you don't do that and try to over-smart when you are not even smart enough, you will have to face the music. Take things easily at first when you know you can't handle a lot of it at once, give yourself some time, the market isn't running away, there will always be more opportunities for everyone coming into this market, so don't rush it.