It is a risky job if you treat it as your main job. There are real life traders and they know that doing this as their main source is hard.
But with experience that they've gathered all over these years, the risk seems to be cute to them anymore because of that built up that they've gone through.
I agree that for newbies, it's best for them to stay as holder first before they commit into a real life day trader. They also have an option to remain investors and holders.
But with experience that they've gathered all over these years, the risk seems to be cute to them anymore because of that built up that they've gone through.
I agree that for newbies, it's best for them to stay as holder first before they commit into a real life day trader. They also have an option to remain investors and holders.
Everything in life is all about risk like I always say, is best you take it or leave it. Those who take risk I see them as those who wants to make it in life so in trading if you're scared of taking risk I don't see you making any profit, instead you'd be stock at a place like a stagnant water, no progress.
Not stepping out of your comfort zone means you won't grow and achieve success in life. This is an overall view not only in trading since if you stay scared of not taking risks then you won't be achieving what you dream of but that doesn't mean that you will take risks without bases. You should have calculated riskslike if this fails there is still a backup plan to make it successful or this would be a high percentage of success.
There are still others who prefer to stay in the comfort zone and there are no problems with it but if you don't want to stay stagnant take those calculated risks and see what will happen.
No doubt about what you said but the thing is that some persons do things without thinking or calculating or even weighing if the possible outcome will yield something positive, they just do it because is good or they know how to take risk, that's foolishness.
Before taking any bold step, make sure it's well discussed with "yourself" and if you're not ok with what you think you can as well discuss it with friends, and there's no way you won't get a better advise from someone who has an experience about the issue at hand, so when you're in the risky past you won't feel left out or see it as something new.
Trading isnt for everyone which its partly true but making yourself that hinder of doing it just because of this kind of emotion or doubt towards yourself would really be putting you into a situation on which it isnt
really that something recommendable on instilling into your mind. You wont really be able to know whether trading is for you or not unless you do try and this is why if on the time that you do like to trade
but you do hesitated because of the risks involved then you wont really be finding yourself be able to have the progress but rather you would be failing and would really be remaining just like that.
