Quote from: laijsica on Today at 01:29:31 AM

Quote from: Oluwa-btc on May 11, 2025, 07:44:54 PM

Quote from: Barikui1 on January 20, 2024, 07:32:06 AM

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so as to come out profitable.
The main reason why most trader fail in trading is that they are not trained in the craft, most experience traders as they call their self don't even know how to identify the least support and resistance, talkless of knowing how to react when they see some certain chart pattern or candle stick pattern.

In as much as i try to figure out why most person's go into trading, I try to understand that it's a more reason why they fail in trading , you can go into trading because you want to make quick money definitely you'll fail and trading is not that quick money making scheme you can venture into. Then another is pressure seeing most of their colleagues and friends go into trading make them not think before going into it and at the end they fail as well then having no knowledge about trading and yet you venture into you'll most likely fail.

I am still trying to understand trading over time and am still gaining experience. The trading space should be for the patience type and not to be greedy. Most failures start from the greed of getting more profit in a short time and secondly the tendency to get rich through a small stash instead of having decent holdings. Trying to imitate colleagues can be another wrong decision for traders because they are new to this space and should have been in long term savings to mature themselves. I think even if the newbies traders have no experience but they are want to trade then they should keep accumulation regularly to understand the market and build up their holdings.

Trading isnt something a skill that you can be able to learn up overtime on which simply means that its not that something that you do need up to rush up to learn because on the moment that you do become that impatient then it will be that starting up for you to become that impulsive just because you are rushing up yourself to become profitable. This is why its important that you should really know on what you should gonna do on the time that you are dealing up with trading. This isnt something a skill that you can be able to learn up on a short period of time and it will be that involving that tons of trial and errors on this case. Its important that you should be that sensible into the things that you've been that dealing into and not just that confidently putting up into your mind that youcan actually do the job without any issues. We do know that on the moment that dealing up with volatiel space is never been that easy. If it was easy on the first place then tons of people would be that become rich and profitable but this isnt the case. This will be that survival of the fittest and the best traders or on whose that good enough on going with the flow in terms of market volatility. Its important that you should know on what you are indeed doing.