Quote from: OcTradism on August 31, 2025, 10:03:53 AM

Quote from: SmartGold01 on August 31, 2025, 09:23:53 AM

A devoted trader and someone who knows about how the bear market and bull function can never make same mistake, this is excluding knowing about technical
The thing is, if you keep making same mistakes for the past 5 years then I must you are not taking trading serious or it's not meant for you, meaning it would b more better you do investment than trading. Just imagine investment of 5 years, meaning right from 2020 you could had made serious profit from your investment than trading.

If a trader can not trade well and make same mistakes over time, it's a bad trader. Making trading mistakes in five years that are very long time possibly causes very big fund loss that can be an ending of that trader in trading career. You can lose all your money even within shorter period than five years if you are a very bad trader and has practice of using all money you have for trading.

It is risky to trade but if a person decides to go with trading, make sure knowing about stop loss order and actually use it in trading. It is very helpful for defending trading capital and reduce loss.

One of the best weapons in trading.

You know there are people who doesn't like to take correction or even used what happened to others as case study to mind how to follow same steps or not, I believe op doesn't have a trading mentor and this is where trading mentors do come in while trading, If I am not mistakenly I have created or comes across similar topic like this where people said they don't need a mentor to guide them while trading, in fact most people even said that they can get educated gain all necessary knowledge through online and Youtube. Though everyone with how they believed themselves and even if they can handle it themselves at least they need someone to guide at the initial stage to enable them remains guided. Like I know, when a trader has mentor it becomes that easier for them to reduce the rate at which they could have been losing more money