While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?
If someone has the knowledge to do the technical analysis in trading but no money to do it, then it’s not for them at that moment because you must have money before you start trading, and those who have the knowledge but are scared of losing the little money they have also don’t have to worry about it; they can still wait until they have the funds to trade. There is no rush in the industry. And if they make mistakes in their technical analysis, then they definitely still need more knowledge before they trade to avoid too much loss; it will not be motivating.
However, trading is not only for the rich; everybody needs funds to live, so we need to take the risk and make it as far as we are ready to make money. Any business has risks, so for us to be successful, we must take the risk. The only thing that I will advise both the poor and rich is that we should use the amount we can afford to lose. Because even the rich cannot afford to lose all the time because of the risk it takes.
