Quote from: MarjorieZimmermanGinger on April 06, 2025, 02:35:49 PM

Quote from: Stepstowealth on March 21, 2025, 11:47:34 PM

Most people, new traders and old are mostly talking about how difficult trading can be, the emphasis on the difficulty has discouraged some people from wanting to even consider becoming a trader.

Do you think non traders exaggerate about the difficulties in trading or it is hyped too much by people who are already traders? Or do you think it is not a hype, that trading is actually something very difficult?

Trading is indeed difficult to do because most people fail and only a small number succeed. I don't think this is an exaggeration but it is a fact that trading is difficult to do and try to see how many people have difficulty dealing with trading. Few people succeed when involved in trading and even for those who succeed in trading it takes a long time to start with creating success.

That is why people prefer investing over trading because it is not easy to achieve success. The conditions are much worse because when experiencing consecutive losses it will make someone lose a lot of money.

Its never been easy and its never been simple when dealing up with trading. Its not a skill that you can be able to learn up in a short term period and thats why there are tons of people who do failed up into this one just because they cant be able to handle up their emotions and mindset specially if you are expecting something positive with your trading. We do know that on the moment or time that you are optimistic into something then you will be having those kind of expectations on which at the moment that you cant be able to meet up those things then this is where you do find yourself becoming impulsive. Always be considerate about those probable loses on which you might be able to encounter. There are those times or moments that you do feel like on giving up specially at the time that you do have tons of loses along the way, but come to think that those loses are your stepping stones in order for you to become even more better trader in the future. Its true that people are being hyped up too much on what are the things that they are seeing on social media on which at the time or moment that they do become that too positive but ended up on having those loses then this is where realizations do kicks in. Learning lessons will be obtained along the way and its important that you do need to instill it up into your mind so that you wont be able to forget on next time. There are those times or moments that you do become confident too specially on the time that you are making some good trades on which this isnt bad either. Make yourself some challenge on using up some small amount to trade and make it bigger as you do practice along the way. If you do saw some increase then it do shows that you do have such progress. Trading skills will bring you out into that financial freedom if you are that able to obtain such skills but of course it do takes time.