Post
Topic
Board Trading Discussion
Re: Don't trade because you have funds, trade when you have opportunity
by
Ziskinberg
on 22/12/2024, 16:07:15 UTC
This is my personal experience guys actually what I have done is I have deposited money in sites and started trading without emotional control just taking a trade without understanding direction. Most of the times markets are in consolidated state. In such phrase absolutely we end with losses. My suggestion is wait for a clear direction then only take trade it may take few days but gives good returns
First and foremost, trading is highly risky and challenging so you need to armored yourself with knowledge and skills first before you decide to risk in trading. And you will only know that there is a clear direction in trading when you have already understood the nature of trading, otherwise even if there are opportunities to trade but you are not inclined to it, still you will lost the chances to end up with a successful and profitable trade.