Quote from: mvdheuvel1983 on Today at 07:56:10 AM

Quote from: junder on August 31, 2025, 08:02:58 AM

Before engaging in or diving into the world of trading, we should have a real and stable income. I believe trading is not suitable and not recommended as a primary source of income. The risk of loss is certainly present, but it can be minimized with good skills and knowledge. Furthermore, it's also crucial to have an emergency fund when entering this field. If you only have a certain amount of money but no steady income, it's best not to trade. It's best to trade when you have a steady income, including investments.

Trading requires capital to start and steady source of income to sustain the trader who may not be lucky in trading all the time so for a trader who doesn't have other sources of income aside trading it will not be good since there could be loss during trading and you need to fund your account to continue trading. With knowledge in trading you have less issues with loss but it is not a guarantee that you will always be at profit, to enjoy trading you should not take it as a main source of income and having back up funds to sustain you should be considered first before going into trading.

When considering the first stage of trading, in the first stage, a person has to face a huge amount of losses, and he has to accept all those losses and have the mentality of learning more trading from each loss.
He has to gain more skill from each loss, and in this way he will be able to gain skill at some stage. I have seen many people who have given up trading, they have moved away from it after losing a little money in the first stage.
Actually it is harder than expected, in the first stage you have to lose money as an investment to gain skill in trading, that is, all the losses that will happen at first, that are not losses but deep knowledge that you are gaining by buying.
Those who can learn trading with this mentality, they will definitely be able to succeed, and for this it is mandatory to have a strong source of income.