Post
Topic
Board Trading Discussion
Re: Things you might miss when starting to trade.
by
Mahanton
on 26/07/2025, 21:02:35 UTC

If you are an employee or a businessperson who is considering transitioning into trading, it is essential to ensure you have sufficient funds to cover your expenses for the next few months, whether you are married or single. The amount required depends on your living costs; for example, calculations for 6 to 12 months ahead. This is necessary so that if you encounter the worst-case scenario in your trading activities, you will have a more peaceful life because you already have a contingency fund to support your family for several months. This is often overlooked by beginners.
If you are an employee and wanting to deal up with trading, then you wont be needing up to quit up your job directly and thats a suicide thing. The main idea on here is that you should be learning up trading on sideways or into your vacant time and considering that getting full time doesnt have any sense specially when you are living your job just because of it, then that would be a very problematic thing once you have lost your job and you would be losing up money. Even if you do have that 6-12 months money to support your needs because those amounts could be potentially be used along the way specially when you are having those losing trades on which the primary thing that would be coming up into your mind is that you are near on learning it overall on which this is a very common mentality just because you've been rushing things up. As much possible you shouldnt quit your job, you would be only doing this at the time that you've been earning twice the amount on what you do gain from your day job then this is the best time to go full time.


I skipped those parts when I first started learning, so my life wasn't going well. I relied solely on my determination as my initial capital without preparing for the worst-case scenario or how to anticipate it. The worst part was that I stopped and went back to working like before, forgetting about trading. Eventually, things improved, and I started learning again slowly. This is just a little story I can share. Thank you for reading. Wink

July, getting a little sweetener Grin

Most of the time on which people would be making out some realization from their mistake and this is where they would be having those adjustments on which this is actually common but you can eventually be able to avoid those potential problems if you are just that being mindful about on others real time experiences on which you would be that applying into your trading. This isnt something a skill that you would be able to learn in a short time period on which means that it will be taking up some time and tons of efforts before you would be having a good grasps into it. Always be that mindful about into those probabilities ahead and never become that too positive or optimistic when it comes to results or outcomes because there's no way that we can tell whether we would be that profitabel and sustainable or simply that failed up and losing money in the end.