Re: Beginners mentally about trading

Quote from: shawonngp on Today at 05:02:18 AM

Quote from: mindrust on February 18, 2025, 06:55:38 PM

Beginners are attracted to trading because they dream of getting rich without doing any actual work. They like to gamble for the same reason. They want to get rich quick. They don't want to put any real effort. People who go to work every morning are not smart according to their thinking.

Think about it... To make trades all you need is a cell phone with an internet connection and just like that you can start making money right away on binance. Why go to school? Why have a job? Tongue

Newbies traders thinking trading is too easy, there are no hard work, no analysis, no need to spend lots of time, they just bought some coins and those coins price will up then they sell with high profits, even they don't care about trading risk before they lost anything. Without effort they want to rich in the trading.

If someone wants to benefit easily from trading, of course it is a mistake for them in understanding about trading many things that must be done by them before deciding to enter trade and what you say is very true we must first analyze before deciding to enter trade and also set a profit target and after getting profits we can take it and I think there is no wealth that is easily obtained without the existence of hard work and also many risks that we will face when doing trade and when we can go through each of these processes, of course we will be able to make a profit from the trade we do and as beginners Of course you have to take the time to study and practice until you really understand and can only be successful in trade.