We have to do it ourselves and should not use other people's money or even we should not use our own money that will be used for other needs. There is no guarantee of profit in a trade, so we must remain careful with trading.
Prepare ourselves as best we can, both in terms of knowledge, skills, mentality, readiness to feel losses and so on. Because the risk is before our eyes and we cannot just ignore it, and if we ignore all the risks that exist, then be prepared for the bad luck that might come to us.
No one wants to feel a loss, but loss is one of the things in trading, we cannot eliminate it. In any situation, we must be truly prepared for it.
I agree! Only the funds we are willing to spend should be used while trading or investing, in fact.
Because for them to become bigger in the perspective, time and effort is needed. And it's not like a fairy pot with money in it - you should work on it truly days and nights to see the results in the end.
Yes, there is nothing we can get without effort and hard work, but that alone is not enough, because we must also be equipped with sufficient knowledge. When we have done everything, then I am sure that no effort will betray the results. Although sometimes we feel that it takes too long to achieve success, it means that what we have to do is be patient. This is also one of the important things in trading. Sometimes we are too hasty to immediately feel the big profit, and when we have made a profit we want even bigger ones. This is a form of greed which in trading is an enemy that we must fight and avoid as much as possible.