Post
Topic
Board Trading Discussion
Re: Beginners mentally about trading
by
Lida93
on 25/02/2025, 00:41:11 UTC
~
I mean in their eyes its a guy looking at screens, at graphs, clicking something. Then waiting. Then another click maybe. Two more an hour later. Sounds easy enough for me lol. Kidding aside, probably possible? I mean skill is a pretty vague factor to describe especially in trading. In cases where some type of hype happens and a newbie happens to enter and buy in, it's easy profit! Personally I got zilch when I started. Heck, I bought high and sold low instead! Dips after a day scared the shit out of me and peaks after a few hours made me FOMO.
It is said that "it's easier to see when you are in flight", and that's the mentality newbies use in approaching trading as though it's simple as they have been seeing others embark on it. Sometimes when you listen to how these so-called trade experts talk about trading on YouTube and on the radio you will be convinced to believe that trading is just about jumping into the market buying low and sell high, very simple.

They omit the aspect of risk management, trading psychology TA and FA which should be what any newbie interested trader should spend as much time as necessary to learn about. Without a good level of knowledge it's very possible for newbies to trade wrongly and lose money just as you had yourself in the shoes Grin