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?
Trading is technical and this isn't gambling that you can just apply guess work to make profit. If you don't understand what you are doing then you must be prepared to lose a lot of money. The ctiterias to become a good trader are discipline, patience, acquiring proper knowledge. Discipline is very important without it trading might be frustrating and challenging. Discipline here simply means self control, not being greedy and learning how to follow the rules. Knowledge is another important thing you need. Without doing proper research don't invest in any token. Lastly patience, this is actually very important, you can end up not achieving anything in trading if you are not patient enough