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Quote from: DaNNy001 on August 11, 2025, 05:52:59 PM

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Quote from: Fredomago on August 11, 2025, 04:43:20 PM

Misconceptions and the hearsay that they've heard about the business/investment, so instead of taking time to learn things they just push their ways and start their journey, most of those who lean with luck ended up losing a lot, and the experienced that they've got push them away to this venue, it's very important to know the basic and along the way start improving yourself in terms of this investment.

You are correct in that there are a lot of people that go into trading without approaching it as a skill based pursuit. They use chance and feel, rather than adequate enlightenment and plans, which make it gambling. Trading is about discipline, patience and a constant process of learning yet most ignore the step by step doing and run out of money.

A lot of persons actually go into trading with a shallow mentality of thinking it's easy as ABC and some of the cause to this is actually from the frequent flaunting of crypto traders and influencers online which make the art of trading looks so easy as if it's something you can just download a app and then choose any coin or market you get into and wait for it to increase or decrease then you cash out the profit. It's very crazy and so many fail to pass through the right steps involved and end up trading like gamblers and lose lots of money.

The fact is that, trading is not the way people paint it good on social medias, because trading is very risky and complex. In order for you to understand trading properly, you need to study and practice for at least two years, testing various trading tools to see the one that will give you an hedge in the market. If you jump into trading with little or zero knowledge, you are gambling with the market.

I agree with you, if someone comes here to trade with real money without complete skills in trading, then he is basically gambling, it is never possible to achieve success if you do not achieve complete skills in all aspects here. And to achieve skills in trading, you have to spend a long time here with patience, it is not a quick learning thing and it is not a rush thing, this learning process must be long-term, you have to make yourself skilled over a long period of time, and during this time those who can be patient and learn trading well, they will definitely be able to achieve skills in the end, but if you rush here and enter the field with little knowledge, you will definitely face losses.

Or simply on the time that you dont know on what you are doing then dealing up with something like this speculative market, then you are just that basically doing gambling. Its impossible that you cant be able to distinguish in between gambling and trading. Trading could only be gambling at the time or moment that you arent that being able to apply some analysis into it and if you are that simply talking about gambling then we would definitely be that needing up to make sure that we do have that good control when it comes into our finances on which for us to have no problems when it comes to financnes on which this is where most people end up on having that miserable life just because they arent that able to make having that kind of control and moderation. For us traders who are that wanting to have that success on trading field then dont make yourself that act like a g ambler. Always be considerate about on the risks management that you would be that be able to encounter on.

Experience would be the best teacher and always be that versatile on what are the things that you would be able to encounter because there are challenges that you would be able to encounter no matter what, specially when dealing up with a speculative market then it would be just that normal. It would be that up to you on how you do made out adjustments.