Quote from: Lida93 on Today at 01:53:52 PM

Quote from: Floxynice on August 06, 2025, 07:59:54 PM

Quote from: Lida93 on August 04, 2025, 05:14:33 PM

...

Today we will hear about people talking about patience and how it is the key to success in trading. Tomorrow we will hear another set of people encouraging one not to be patient, but quit if they are not making profits.

At this point, I will advice everyone to stick to what they believe and face the consequences if any occurs. There are lots of confusion already on this issue, listening to every advice and recommendations will likely lead one astray than help them. Trading is risky, that's the truth. If you have the capacity to handle the risks, carry on with it.

But we know that you need to be patient with developing your trading skills if you want to earn some profits in the long run. There is no magic about it that you must have to give it time of dedication. If anyone thinks that quitting will make them feel better then that's cool but if you really want to be a better trader with higher profits and fewer losses, you don't get to achieve that in a short time of starting to trade.

I am mostly interested in doing what would make you feel better, at least you would be making efforts to protect your metal health than lying to yourself while grieving about your losses. I truly understand the part about taking out quality time to learn alot about trading before eventually starting to trade. However, what is still confusing is "how long should a trader be patient when he is consistently making losses?" This can be frustrating and challenging at the same time. This is why the trader must take the decision to do what makes him feel better.