Quote from: Alpha Marine on Today at 11:35:49 AM

Quote from: pawanjain on August 16, 2025, 01:58:01 AM

Where people see others making money, they dive in as well. After all, many traders think themselves as masters of trading after making a few gains.

Sometimes I see people talking about quitting their jobs to focus on trading, and I shake my head. It shows that they don't understand what trading is. They see the way people talk about it and how much money they make, and they feel it's an easy way to make money. I have said it time and again that trading is a skill, and anyone who does not learn it well and is not good at it will be wasting their time if they pursue it.

The trading platforms and traders are to blame for this. When you see ads about trading, they make it look so simple that anybody can do it. It's this way with both forex and bitcoin and crypto trading.
The traders, on the other hand, make it look like it's a money printing machine. They don't talk about how much they've lost and how they've had 7-day losing streaks, or how they would have given up if they didn't have more money or a source of income they can rely on.

When I was in the university, I had lots of friends who claimed they were traders then. Now, alot of them have dumped trading for other jobs. I had an interaction with one of them to know why he quit, according to him, trading was not really what he thought it was. He was losing alot along with the restlessness and emotional stress he had to deal with.

Many traders now are like him. What truly proves that one is a real trader is consistency. Those who have been consistent for years are those I call real traders. Some traders who call themselves professionals are not really profitable from trading.