Post
Topic
Board Nigeria (Naija)
Merits 5 from 3 users
Re: Lack of full knowledge could lead to lost of Assets in trading
by
Pablo-wood
on 08/08/2025, 17:18:30 UTC
⭐ Merited by Derekfunds (2) ,Oluwa-btc (2) ,CryptopreneurBrainboss (1)
A friend of mine embarked on trading without a proper mentorship and lost all his assets.

So I want to ask? What are the criteria’s to become a good trader?
First we should define who a good trader is. A good trader isn't someone who doesn't record losses, besides there is no trader who record loss. A good trader is one who knows when to pause and re-evaluate trading strategies which brings us back to the question. To become a good trader you need to be;
  • Patient enough to wait for a market you understand before you risk it.
  • Intelligent enough to know when to avoid the market
  • Conscious enough to know when to exit a trade
  • Knowledgeable enough to always update what every strategy being used
  • Wise enough to always confirm every market setup including that which are gotten from bots