Post
Topic
Board Trading Discussion
Re: Don't trade because you have funds, trade when you have opportunity
by
$weetne$$
on 22/12/2024, 21:30:45 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

Trading just because you have the money is a wrong mindset to have because you will end up losing that money. Trading should be done only when you have analyze the market and seen or had an idea how the market is going to move next. Trading is all about predicting the movement of the market accurately therefore if you have not seen any clue, do not trade. If you have the funds, you can go into investing instead of trading. Having the opportunity should mean the chances are there for you that if you take on that trade that you are going to make profits. There are going to be time when the trades does not favour you and you lose but do not give up as that is part of the market experience as not all trades goes as we have predicted.