Quote from: $weetne$$ on December 22, 2024, 09:30:45 PM

Quote from: Krishna1942 on December 22, 2024, 03:17:00 AM

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.

Stick into your own analysis and if you do find out that making up some losing trades then this is the time that you will consider out on searching for another one or testing it out. We do know that trading is really that basing on trial and error on which there's no way that you could be profitable on just a few tries. It will be taking up some years or how many months for you to have a good grasps towards the market. Come to think that even those old traders do suffer loses despite of being experienced and knowledgeable on which this do simply shows out that it was never been that easy on this aspect. On the moment or time that you will be finding yourself have tons of mistakes then this is where you should consider on adjusting the way you do trades.

Basing up on what i have said above that it will be involving tons of trials and errors on which at the time that you will be having such situation then as you do gain up experience on different thing then you will be seeing its advantage and you will be enhancing it over time Therefore, it will really be that up to you on how to make out some adjustments accordingly. You wont be able to sustain if you do just simply follow other people or will be contented on what you do have now in terms of knowledge and awareness about this market. Fund advantage is relevant but if you do lack knowledge then it will be pointless because you will be still losing it all.