Quote from: ndutndut on Today at 07:50:01 PM

Quote from: Merit.s on June 09, 2025, 04:39:33 PM

~Snip

My advice to beginners who are going to jump into trading, be prepared to lose, if you are not prepared to lose, never touch trading. This is a mindset, so you can build your trading mentality better. So when there is a mindset like this when you trade, there is definitely a risk of loss, that's where you will be very careful when you want to jump in, if you have jumped in and lost, you will not be stressed blaming here and there because you have thought about it from the start.

and the last advice I give to beginners is not to think that trading is easy, because besides having to be able to have a trader mindset, you also have to master money management, master technical analysis and have to master various sentiment issues that affect the market. To get that you have to read often and continue to dig up information so that it will form a stronger mentality and broad insight.

Be prepared to lose, this sounds like a game of chance. I would advise them to prepare a good plan, starting from budget management, risk management, and self-management, not to be prepared to lose. If they have the 3 managements above, then of course they will be more prepared with everything and they can recover faster from their trading failures.

It may sound more complicated than just being prepared to lose, but a good trader is one who has a good plan and management. They can learn it easily from various sources, simply they have to learn the basics before getting involved directly.