Quote from: RockBell on December 21, 2024, 10:20:32 PM

Quote from: Yeesha on December 20, 2024, 09:48:17 AM

The growth path of trading is to know how to manage the risk and the learning path of trading is to understand the things that you learn about Trading. To achieve success in trading, it's crucial to master two key aspects: risk management and knowledge application. Effective risk management enables traders to navigate market uncertainties, while understanding and applying trading knowledge empowers them to make informed decisions. Ultimately, trading success hinges on the trader's ability to balance risk management with the practical application of their skills and knowledge.

The moment you know how to manage your risk then half of the problems is solved because that is one of the strongest challenges that traders face they always want to take excess profits and like thay they will increase the amount of risk they can digest and all this is not other than greed they always want to make money quick and you can not over do things when it comes to trading, because even in trading there is maturity when you we learn to do the right thing then everything will look a little better than just doing your thing without considering the fact that you have to grow.

Those that are trading blindly should continue people that when they don't make money they start blaming trading that it's not good for them, that is when you even see some of them doing revenge trading but we all learn everyday so there is no way that you won't make mistakes but majority can be avoided it is better things like this revenge trading and trading with emotion. With experience comes knowledge and with knowledge some things can also be avoided easily.

Trading is not always easy for many people due to the increased risk involved. Anyone comes to trading to make money, but you will almost certainly lose money since you must learn several tactics and determine which ones work best for you. If you are taking a significant risk in trading, it shows you have comprehended every step and believe in yourself that you will make a profit eventually. Any rookie that comes to trading fresh is extremely necessary for you to stake with a modest amount and have mentors that will be leading you through and he should not look at people's achievements.

he should focus on and stop looking people on. he can causes lose because you will be thinking you will stake higher so that you will win big profit and you don't know how many years they are on the trading before they become wealth on it. Someone who has recently started trading is hoping to make a large profit. He will undoubtedly be a difficult procedure because you will need to thoroughly research the market and gain the necessary expertise and experience to lead you through it. And if you are losing too much money in trading, it is best to remain calm and stop trading and go make an investment because not everyone can win in trading. Because some are greedy and lack patience.