Trading and investing,and still very broke.why?Is it spiritual? - page 5.

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Thinking of trading or investing as a means of making money can be a great mistake. As no one can deserve the guaranteed profit or loss. The money you have that can be rather reduced by trading. But you can't think of it as gambling. Because there is a wide difference between gambling and trading.
One should not come into trading or investment by being overly luxurious. Also the money that is kept for your needs should not be brought to this platform either. In this platform enough knowledge for trading or investing that can propel you towards success. A trader or investor should invest as much as he can afford to lose. If you manage this platform with your skills and knowledge, you can get financial benefits from it.

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Quote from: martyns on December 07, 2022, 03:27:15 AM

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

Traders or investors who consistently do what they do is not guaranteed that they will become successful in a short time, they should keep consistent for long time and nothing know when they will become successful. It depends on effort and how much they learn. Never trade or invest with money that we borrow from people with its interest since it can make us more broke than before. It's not something like a gene from somebody but it's just how they handle trading and investing with their knowledge and their attitude.

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Probably trading or investing is not a problem here, maybe you need to assess your financial status and the way you spend your money especially if you already made a good profit and yet you are still broke. Usually those who are broke had a lot of debt in the past and mismanaged of funds. If you are going to invest, make sure that its an extra money that you might not need in the next few years. Becoming rich is not easy, and staying rich is a big challenge to many.

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Quote from: goaldigger on December 10, 2022, 04:39:04 PM

Quote from: DoublerHunter on December 10, 2022, 04:25:15 PM

^There is no shortcut if you wanted to become financially free. Everything you need to put effort into so that you will survive and succeed in your plan.
Strategy is one of the most important that you need to pay attention to if you consistently did not have a good result just find another one and start observing again. Dont give up once you broke into trading because in trading there is no spiritual, a course, or anything that relates to the magic that instantly makes a profit without hard work. So if you are in trading, don't always expect to consistently make a profit, sometimes we need to obtain experience in order to improve our trading skills and knowledge, all you have to do is always be prepared for the negative consequences.

Great point here, don’t expect to succeed right away because there’s always up and down in investing and trading, you can’t expect to always be on top. Having a good strategy can help a lot and better to think long term, its better to look for a good small profit at first and be consistent with that because if you are going to focus on big profit right away, you might missed a lot of opportunities at the bottom. The market right now is still down, this is a good opportunity now to accumulate slowly and for you to become rich, you have to think rich and control your finances.

When we are still noob then we do really think up that we would really be successful right away on the time that we do decide to make some involvement whether you are tending to make trades or on when you do

decide to make out some investments.For those who do make money but arent still that contented or arent happy then it would really be pertaining into other aspects which isnt related to this but in todays
era or years or generation which money or earning does really matter the most because you could really buy all the things that you do want.

This is what we are trying out to achieve or target out and this is why we do really do our very best on searching for ways and methods.
Getting broke on other aspects? It is really yourself that would be the one to solve out.

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Quote from: DoublerHunter on December 10, 2022, 04:25:15 PM

^There is no shortcut if you wanted to become financially free. Everything you need to put effort into so that you will survive and succeed in your plan.
Strategy is one of the most important that you need to pay attention to if you consistently did not have a good result just find another one and start observing again. Dont give up once you broke into trading because in trading there is no spiritual, a course, or anything that relates to the magic that instantly makes a profit without hard work. So if you are in trading, don't always expect to consistently make a profit, sometimes we need to obtain experience in order to improve our trading skills and knowledge, all you have to do is always be prepared for the negative consequences.

Great point here, don’t expect to succeed right away because there’s always up and down in investing and trading, you can’t expect to always be on top. Having a good strategy can help a lot and better to think long term, its better to look for a good small profit at first and be consistent with that because if you are going to focus on big profit right away, you might missed a lot of opportunities at the bottom. The market right now is still down, this is a good opportunity now to accumulate slowly and for you to become rich, you have to think rich and control your finances.

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Quote from: crzy on December 10, 2022, 04:12:41 PM

Quote from: martyns on December 07, 2022, 03:27:15 AM

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

Trading or investing is not a guaranteed way of becoming rich, you still need to do your best and exert a lot of effort before you finally see good result. If you think you are not making any progress at all then better to revisit your strategy and plan, maybe something is wrong with it. Don’t rush to become rich, work for it slowly but surely and handling your finances will matter here, so be wise always.

^There is no shortcut if you wanted to become financially free. Everything you need to put effort into so that you will survive and succeed in your plan.
Strategy is one of the most important that you need to pay attention to if you consistently did not have a good result just find another one and start observing again. Dont give up once you broke into trading because in trading there is no spiritual, a course, or anything that relates to the magic that instantly makes a profit without hard work. So if you are in trading, don't always expect to consistently make a profit, sometimes we need to obtain experience in order to improve our trading skills and knowledge, all you have to do is always be prepared for the negative consequences.

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Quote from: martyns on December 07, 2022, 03:27:15 AM

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

Trading or investing is not a guaranteed way of becoming rich, you still need to do your best and exert a lot of effort before you finally see good result. If you think you are not making any progress at all then better to revisit your strategy and plan, maybe something is wrong with it. Don’t rush to become rich, work for it slowly but surely and handling your finances will matter here, so be wise always.

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Quote from: martyns on December 07, 2022, 03:27:15 AM

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

It is not necessarily right to judge people from the outside. There is a saying that you should not judge a book only by the content of the hardcover. What am I saying in essence is that because someone trades and because the same person invests does not really mean that they are trading the right way or they are investing the right way.
It could be that they are trading with a very small amount of capital and also they are investing with very little amount of capital.
You can be in the industry of cryptocurrency trading every day and night without the right information and knowledge someone who comes in the late with the right information and the good start-up capital could make a very large progress in the cryptocurrency markets more than you.

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Quote from: TimeTeller on December 09, 2022, 04:57:07 PM

Quote from: Obari on December 09, 2022, 01:33:21 PM

Quote from: martyns on December 07, 2022, 03:27:15 AM

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

I don't think there are actually spiritual forces that are related to this.
One thing is to have the ability to safe, trade and also invest and the other is to have tye right sense to be able to use the proceeds for the right purpose at the right time
There are people who live there lives to impress and prove to people that they're doing well while they're are struggling to survive.
There are people who save some very reasonable amount of money and end up living a lavish life and even living above their budgets and accomolate alot of debts and then starts paying with every penny they make.
People also ought to also have the right investment sense and also have the right spending habit even after having the investments.

One should not rely on one source of income to sustain his living.
We can't tell one's capability when it comes for example in trading, you can't assure that you will gain profits all the time.
So it is not about spiritual forces not giving you good profits, but it is your skills that may be are not sufficient to combat the challenges in trading.
Better find where you are good at and maybe, that will give you better return or at least a sustainable income.
If you are always broke with something, it means, you need to change your tactics or change your earning activity.
These unseen forces are just all in one's mind, contemplate and you will understand that it is your skills that is not ready for such activity.

The more the better and this should really be having on your mind or including into your aims and target to have in life on which you should really be making lots of sources of income and wont really be just focus

on a single day job.We do know that inflation and recession does really happen or something inevitable which it is really just wise that you should be finding ways on how to get more income.

It is really just a matter of own perception and own decisions whether you would really be going into the hard path but does really give out some good results in the end
or would really just be going into those simple but wont really be changing a thing or the worst it would really be giving out that kind of hardship in the end of the line?

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Quote from: TimeTeller on December 09, 2022, 04:57:07 PM

One should not rely on one source of income to sustain his living.

Oh really, of cource I would say that if someone has more sources of income then they are one of the successful people because of it.

Quote from: TimeTeller on December 09, 2022, 04:57:07 PM

We can't tell one's capability when it comes for example in trading, you can't assure that you will gain profits all the time.
So it is not about spiritual forces not giving you good profits, but it is your skills that may be are not sufficient to combat the challenges in trading.

Exactly, I think they should understand it properly especially about how to trade and determine the best asset and price before investing. We can hope and pray for a return on investment, it is some pretty spiritual but good thing to do.

In the end I agree that the success of trading and investing is largely determined by several things, the first is skill and knowledge and the second is capital. The two are interrelated, so when they expect big profits, they must also have strong enough capital.

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There is no mystique, no absolute luck, trading and investing is something that should be based on your knowledge, analysis and strength of funds. The more knowledge you have about investing, know how the market works, know how to do analysis, then everything is very possible to get. After all, the price of this crypto asset is very volatile, so this can be both profitable and detrimental, so there is no certainty whether this investment will make you a billionaire or even go bankrupt.

Investment and trading should also be something that should not be forced. You can't invest blindly without being able to have good emotional control when the market doesn't match your expectations. Patience and emotional management are two important things that can really help you get good returns when your investment assets become more valuable.

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OP, you must be African because that's the mindset of every failing African losing in trades. I'm African and I speak from experience on this. I used to think such trash when I started trading. In fact, I used to think my desktop was a mirror through which enemies of my progress monitored every damn trade call I made. I would get into a sell position on an obvious selling trade but it would quickly turn buy and vice versa😆. It was a frustrating experience for me then. However, I've grown past that mentality now. I now know nothing of such. It's just the irony of buying when others are opting out or one swimming against the tide. Nobody is attacking anybody spiritually on trading. Nah! Nobody.

Quote from: Oshosondy on December 07, 2022, 05:11:28 AM

Trading should not be to eliminate poverty,

Why should I trade then if I don't believe it's likely to change my financial status? Of course, it's because of the need to be better financially that makes someone like me want to go into trading. No two ways about it. Otherwise, why trade then?

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Quote from: Obari on December 09, 2022, 01:33:21 PM

Quote from: martyns on December 07, 2022, 03:27:15 AM

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

I don't think there are actually spiritual forces that are related to this.
One thing is to have the ability to safe, trade and also invest and the other is to have tye right sense to be able to use the proceeds for the right purpose at the right time
There are people who live there lives to impress and prove to people that they're doing well while they're are struggling to survive.
There are people who save some very reasonable amount of money and end up living a lavish life and even living above their budgets and accomolate alot of debts and then starts paying with every penny they make.
People also ought to also have the right investment sense and also have the right spending habit even after having the investments.

One should not rely on one source of income to sustain his living.
We can't tell one's capability when it comes for example in trading, you can't assure that you will gain profits all the time.
So it is not about spiritual forces not giving you good profits, but it is your skills that may be are not sufficient to combat the challenges in trading.
Better find where you are good at and maybe, that will give you better return or at least a sustainable income.
If you are always broke with something, it means, you need to change your tactics or change your earning activity.
These unseen forces are just all in one's mind, contemplate and you will understand that it is your skills that is not ready for such activity.

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Quote from: martyns on December 07, 2022, 03:27:15 AM

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

I don't think there are actually spiritual forces, that are related to this.
One thing is to have the ability to safe, trade, invest and the other is to have the right sense to be able to use the proceeds for the right purpose at the right time
There are people who live there lives to impress and prove to people that they're doing well, while they're are struggling to survive.
There are people who save some very reasonable amount of money and end up living a lavish life and even living above their budgets and accommolate alot of debts and then starts paying with every penny they make.
People also ought to have the right investment sense and also have the right spending habit even after having the investments.

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Quote from: martyns on December 07, 2022, 03:27:15 AM

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

You are looking at the wrong places for the answer to your question, the most simple answer is that the ability to make money is different from the ability to keep that money, and this is a very common mismatch when it comes to the skills people have, this in part help us explain why we can see people that make a lot of money each year and yet they have huge debts, this happens because they spend too much money and there is nothing left of their income to the point they need to borrow money, and if they happened to lose their source of income they would go broke in a matter of months.

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Quote from: martyns on December 07, 2022, 03:27:15 AM

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.

How do you say this? Generalizing just from your own experiences or by watching one or two friend's scenario also not enough to conclude anything against trading. You mention about consistent in trading which is subjective unless otherwise you refer long term trading. Similarly investing for years to decades also got very little chances to be failed in the case of right assets. So, eradicating poverty is possible by investments and for that I could be one of proven example.

Quote from: martyns on December 07, 2022, 03:27:15 AM

Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

Nothing is impossible everywhere; simply leave off all these reasons. If you believe just fundamental and technical analysis are enough to make profits in trading and investments then I would say there is another factor which is luck and you can hit your luck if your patience enough at least 99.9% of times. So, include the time factor also in your trading. All short term things may fail but fundamentally strong assets in long term will get you assured profits.

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Quote from: teosanru on December 08, 2022, 03:16:38 PM

Quote from: martyns on December 07, 2022, 03:27:15 AM

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

Haha, I don't want to make fun of anyone but your question in itself is very funny. First of all investing cannot eradicate poverty and not even Trading can do that because for both things you require some basic investment from your own pocket to put in to earn well. Which obviously poverty sicken person can never properly do. So basically you are choosing the wrong way out to eradicate poverty, secondly, a simple way to eradicate poverty at least at the start is to look for a secure job. Give yourself some time to make a sort of emergency fund and basic capital for trading and then get into the trading business. Trading is just like a business only a few become profitable and rest will always be in losses and lose their initial capital as well.

We do know that not only trading does give out that opportunity on making yourself that able to get out with poverty or hardship in life when it comes to this one which there are other methods too.

It is really just depending on which one you would really be putting focus on because not all would really be good on doing trades, which means that its not bad to look for other various possible methods.

This had nothing to do with spiritual or some enchanted things or whatsoever.If someone is really that making money with trading then its good for him since not everybody could
really be that successful towards on dealing with an unpredictable market.Most of people do really failed up and quit eventually.I dont see for someone to really be not that contented
on the time that they are constantly making profits in the end of the day.

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Quote from: teosanru on December 08, 2022, 03:16:38 PM

~snip~ So basically you are choosing the wrong way out to eradicate poverty, secondly, a simple way to eradicate poverty at least at the start is to look for a secure job. Give yourself some time to make a sort of emergency fund and basic capital for trading and then get into the trading business. Trading is just like a business only a few become profitable and rest will always be in losses and lose their initial capital as well.

Op chose the way out of trading, investing in crypto as poverty alleviation and Op did not care about the risks that would occur. this is not a job that guarantees wealth, even being poorer will be very possible if you don't understand what is being done. Crypto has a lot of risks for those who don't understand it. this is indeed a business that must be done properly, if the investment does not know about the business that is being run, then where can the profits come from?

I don't know what kind of question was asked by the OP, thus linking the bankruptcy of trade and investment with the spiritual. Will it directly affect or not? of course, there is no strong evidence of spiritual, curses and such. it's just a matter of basic knowledge and how good at reading market analysis, and doing research. Because if you don't know it all, you will go bankrupt. Spiritual will affect psychology and psychology will impact trade and investment. if the psychology is not stable and tends to always panic and such, this will be a cause for the loss.

Remember that trading and investing are not influenced by any spiritual influences, what influences the final decision is psychology, not curses and the like.

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If they still continue to do that even though they sometimes go bankrupt because of their trading or investment activities, it's because of several things:
1. They actually know and understand the risks of trading and investing
2. They have made so much money trading and investing, that they believe they will get their money back.
3. They have experienced and are professional with all the risks and have good strategy and management for themselves.
4. Or they are just people who go along with it and are stupid without them learning and evaluating

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Quote from: martyns on December 07, 2022, 03:27:15 AM

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

Haha, I don't want to make fun of anyone but your question in itself is very funny. First of all investing cannot eradicate poverty and not even Trading can do that because for both things you require some basic investment from your own pocket to put in to earn well. Which obviously poverty sicken person can never properly do. So basically you are choosing the wrong way out to eradicate poverty, secondly, a simple way to eradicate poverty at least at the start is to look for a secure job. Give yourself some time to make a sort of emergency fund and basic capital for trading and then get into the trading business. Trading is just like a business only a few become profitable and rest will always be in losses and lose their initial capital as well.

Topic: Trading and investing,and still very broke.why?Is it spiritual? - page 5. (Read 1481 times)