Quote from: Ndabagi01 on May 10, 2025, 08:28:24 PM

Quote from: Cpt_reader on May 05, 2025, 10:54:36 AM

Trading is actually a dangerous profession. Trading is like gambling. In a moment, someone becomes rich and someone becomes poor. If you can trade wisely, then you can make a profit. Suppose if you have $500, first buy it for $100, then if the market goes down, buy it for $100, and in this way, buy every time and sell every time the market goes up. Then you will see that you will get a profit. You should never come to trading without learning.

Trading can only be a dangerous profession when you just want to jump into the market and make big profits, most of the time that’s where people miss it and think that’s what trading is. Trading is actually not a get rich quick scheme and when you understand that, you’ll have a purpose to learn calmly what it is all about and how to make it another source of income while playing by it with proper risk management. The ups and down in trading is something we cannot avoid and part of the learning process which you much encounter before you become profitable at it. According to the title of this topic, I think trading belongs to anyone who finds it worthy of trying and make it another source of income through it.

Make trading another source of income? like how does that even work because if trading can actually become a source of income, many people would have preferred trading to investing because majority of people want an investment that can generate income and profit for them but since trading is very risky that is why most people prefers investing despite that it takes so much time before profits can be realized from it. I wouldn't say that trading is dangerous but making it a profession can affect your mental health sometimes so it is better to trade carefully and with an amount that won't be painful to you if you lose it while trading.