Post
Topic
Board Trading Discussion
Re: Trading by Influence
by
Odusko
on 20/07/2025, 20:18:28 UTC
Trading require that the individual take responsibility of his trading and not shift it to another. To succeed as a trader, you have to own the process because it is filled with psychological principles that cannot be transfer easily. This therefore means that trading due to the influence of another person is dangerous because it will lead to problems in which the individual would want to shift the blame.
Most of the newbies don't want to go through the stress of building their trading skills, and experience this is why you see them going for mentorship in trading believing with that mentor guidance they can make quick success in their trading, but in the end they will be disappointed when the thing doesn't work out the way they want and in the end choose to shift the blame to the mentor, this is the reason why if anyone ask me for guidance for trading cryptocurrency, first I will tell them to let the know that there is no guarantee profits formula as long as cryptocurrency market remains volatile in nature.