At the beginning I want to say that I am a semi-skilled trader. I do not have any source of income. I have been learning trading for the past 13 to 15 months and investing for 5 months. But even though I am temporarily profitable from here, I am completely losing because I cannot control my emotions. This is repeating itself with me again and again. Even yesterday I lost my capital along with my profit.
Then I plan to take a loan from my friend to deposit in trading again. When I asked him for financial help to deposit in trading, he advised me to find a source of income before entering trading again and advised me to refrain from trading recently and introduced me to this forum so that I can gain deep knowledge about trading. He even advised me to gain deep knowledge about Bitcoin investment so that after finding a source of income I can easily invest in Bitcoin. Should I accept such advice? Or should I go back to trading anyway? I am seeking proper advice from experienced people.
Their is a saying in my locality that says that he who ask for direction, will never miss his way, you did the right thing to ask buddy, trading when you have no source of income is a terrible idea because all your hopes will be in making money through trading, which will eventually makes you to start trading desperately, because it's your only source of making a living, so in other to have the ability to trade without any pressure, you need another source of income so that you wouldn't be in the market all the time.
Take note that the lesser trade you take, the more your chances of winning, taking too many trades is the brain behind almost all the losses of traders in the market.
Furthermore, try all your possible best to avoid borrowing money to trade, because it's brings an added pressure to you, and in the process you might loss everything.