Quote from: taufik123 on Today at 06:10:03 AM

Quote from: passwordnow on July 31, 2025, 11:22:46 PM

It's a real thing that taking risk like you're gambling and people who seem to be focused only on earning will look that it's easy for them. But upon going on, they'll experience the hardship of trading. I think even in the spot, we can say that it's also the same as gambling like the lower risk ones but it's not that a lot of difference if someone does that. So, just as we're saying in gambling that people should only trade what they can afford to lose. Whatever it takes for them whether they're just learning at the beginning and only want to test their skills, still apply such rule.

Sometimes the rules at the beginning have been implemented well and achieved some profits,
but then all those rules are ignored anymore when they are too FOMO or too panicky when the market price continues to fall.
They do not do trade management properly and correctly, so there is nothing to do when the price is falling.

Especially when it comes to the issue of trading psychology, it is like a distraction that will continue to occur with some panic,
greed and gambling like gambling due to the loss of control and initial strategy.

I once gave up on trading because in the end there was no profit I got,
More losses due to panicking too much and applying the wrong strategy.

It happens. When there are rules applied but someone who's able to earn enough, so they're forgetting the setup that they have started with. It comes along with that FOMO and they think that they're not going to lose. That's the harder part of it when a new trader starts to earn a bit and then forgets about the teachings that have been told to them. They're becoming more emotional and have a lot of trust and confidence to themselves but in the end, we all know how that ends up if they're not careful enough and won't check on themselves.