A friend of mine embarked on trading without a proper mentorship and lost all his assets.
For people who are still talking about trading and gambling to be the same thing, that is the answer. Trading is not gambling and it is not luck based. You need an understanding before going into it. An understanding involves knowing what works for you as a strategy
So I want to ask? What are the criteria’s to become a good trader?
Two key points to note:
1. Having a winning strategy
2. Being patient to wait until the right time to make your order. A good trader doesn't enter the market first before expecting market to go his direction, doing that means being sentimental and emotional.