So lately I Dey see many post about the comparison if gambling and trading, our problem be say we nor wan learn we just wan earn , because we Dey see traders life style via social media , so we come picture trading as means to get rich quick not knowing “ is the hardest way to make easy money “.
I Dey talk base on experience when I start trading back then I nor bother to go deep in the learning aspect I just go for the basic knowledge, with the mindset of if the price come down I go buy if e go up I go sell after everything I end up regretting my actions after countless losses if nah say I calm down learn first I for nor go through those kind losses .
We just wan go the destination without knowing or experiencing the journey, all successful traders went through this stage you are in now before getting where dem Dey so , Dey pass through the journey .
So drop some mistakes wey you know shey people Dey make for trading well well if you get any .
Actually, I think One of the bestest mistake most people always make in trading is going with the amount that can't be easily afforded. is obvious that this always happen as a result of being greed, because they know that the higher the capital the higher the profit, but not when it has to do with trading.
because trading is just the same with gambling that always work with luck, which is why as a trader. is always advisable to go with the amount that can be easily afforded, so that should incase the outcome didn't work as we expected we won't feel disappointed.