Quote from: ndutndut on December 28, 2024, 05:53:42 PM

Quote from: Altryist on December 25, 2024, 05:09:32 PM

Quote from: Fredomago on December 23, 2024, 11:45:17 AM

I agree to your point as there are factors that really change the mentality of some traders, both greed and fear that comes out when they are in the process and while waiting for the market to move, it's no an easy task following your set limits or following the strategy that supposedly you are planning to execute. Temptation and such fear inside you can change the direction of your target and may lead you losing your position and the amount that you set for your investment.

I think the reason is that it is a very difficult job that requires a lot from the trader, perseverance, discipline, and many other rules that cannot be broken. I think that in trading you can achieve profit, but often it is a small profit, because they are not ready to trade big money, or are carried away by futures, where I think it is very difficult to achieve positive results. Another problem is that everyone wants to get a quick result, and in trading this is unlikely.

Agree with your opinion. Trading is a complicated activity, so it requires caution, must not violate the rules and of course requires discipline. In addition, patience is also the most important factor in trading so that failure does not occur, because what needs to be understood is that trading is not a way to get rich quickly or to get profit quickly. However, trading is an art or process in order to get consistent profit so as to achieve success.

Because patient traders will wait for the right opportunity and not rush. They will also stick to the desired strategy and goals, even though emotions tempt them to ignore them. So it can be said that risk and reward are key in trading. Without it, no one can make a profit. Resilience, risk management, and emotional control are steps to becoming a trader. The last thing that prevents us from becoming profitable traders is that we do not have additional sources of income.

Learning up trading skill is never been easy on which this will really be taking up some time on learning up this kind of skill because it will really be that involving tons of trials and errors before you can be able to learn on it. We do know that when it comes into this aspect then this isnt something that you can haste it up because there are tons of things on which you will be needing up to learn. Bare up in mind that there will be lots of things that will affect out someones success and its never been that easy to be successful on this field and thats why on the moment or time that you do deal up with this market then make it sure that you do know at least or making up some initial approach like making up some research first or finding up some information about on what it is all about before you will be that proceeding into.

Failing is really that common because not all do starts on being a professional or veteran one but rather we do start on being a newbie. On the moment or time that you do find yourself having such plans on dealing up with this volatile and unpredictable space then you should be expecting that it wont really be that so simple and you will be able to encounter into the things that will really be that so hard on which it will be resulting into such frustration.