Post
Topic
Board Trading Discussion
Re: Day trading or Long term
by
Dewi Aries
on 08/10/2024, 18:19:50 UTC
Someone thinks they want to get quick profits, even though it is small but if it is achieved consistently then it will also grow bigger, but people forget that it does not always work, because in trading there can be profits and losses. Indeed, quick profits will be more tempting, because profits can be enjoyed at the same time, but the problem is that it is not easy.

Consistency in getting profits is the key, but back to the beginning because it is not easy then it will make people frustrated. Some people ignore the risk, they focus too much on the profit which ultimately makes many people fail in trading.
To keep consistency in profits it's very difficult, i think it's impossible to even for an experienced trader, in the crypto trading risks is higher than profits, who peoples ignore the risk they will definitely lose all of their initial investment, and such mistakes come from beginners, they thinking there are no loss in trading.
You talk like a hopeless trader, you shouldn't be, you just need to sharpen up your training and you will be fine. As hard as you see trading, some people see it as easy, do you know why? It's because the level of your training and experience are not the same, success is possible in trading. If it were to be a beginner, yes, it will not be easy, they should be ready to blow their accounts many times. And if I am asked how many times I ruined my trading account, if I would not tell lies, it is certainly more than 300 times. Yes, you heard me correctly. It wasn't easy then but I was a determined person as well and it's now better for me to the point that I don't blow my account again so far I adhere to the right money and risk management.

Yes, it is a loser mentality that always considers everything in front of it too difficult to achieve which makes it difficult for them to develop. On the other hand, I understand that trading is not as easy as you imagine, but the question is why are there some people who succeed in becoming successful traders who can get consistent profits? The answer is clear because they are different from you, they want to LEARN and develop themselves to make progress through the knowledge they get from the learning process.

I also understand that trading is an activity that can be high risk, but what's the point of learning if you can't handle it? That's the purpose of why a trader is always advised to keep learning and honing their skills, none other than to minimize the possibility of loss and maximize the potential for profit. All traders who have now succeeded in achieving success were initially nothing more than beginners, so why can they succeed? because they have a strong intention and determination to dedicate themselves to learning so that they can reach that point of success.