Post
Topic
Board Trading Discussion
Re: Beginners Luck in trading real or superstition
by
GiftedMAN
on 27/11/2024, 20:32:07 UTC
I often hear of beginners Luck and i have equally experienced it. At the early times you seem to make a few stipend here and there and you get so over confident and feeling like a trading beast or a sniper, only to blow the account over and over again, frustration starts creeping in.
 by a few stipend they get.

I am of the opinion that beginners should get less overconfident and try to understand the market and develop a trading system.
There’s a lot of beginners that introduce themselves into the trading, but due the lack of enough confidence and the knowledge they don’t achieve what they want; that’s why most members here always given advice that beginners should learn to gain much experience about the trading process.

Trading will be very difficult for such beginner who has just began trading on his or her own without getting a better knowledge from an expert or experienced trader, the real confidence is gotten first from what you have learnt you can motivate yourself to beat your chest by trying it out by yourself with time you will have self confidence when you go out to practice what you have learnt so far. Beginners who starts trading without knowledge wil just be gambling because it is very difficult for them to achieve any profit because they will find it difficult to understand where to start and the strategies to use unless they go about watching some online teachings that's a good way to grab some knowledge too.