Topic: What people some people don't know about trading - page 5. (Read 849 times)

If to say that trading is a place where you can earned money quickly I think by now those that has been a while in trading could have be a wealth for now. But due to the risks that is involved he didn't allowed them to become successful on it, and that's why they say trading is not for everyone because not all people's have a mind to risks their money and this life we're living now what ever you want to do any business a person want to him most mind of risks some his money for to become a successful person.
Yes that's all about trading is a place that brings some amount of profits, but accept you a the patience and also enable to afford the risks that his in. Because trading deserve enough knowledge before starting you have to make sure that you have go through all the technical analysis and so on. Trading means the more you work hard and do much reaserch that is how will be an expert about it without to much of losing.
Those that are have already dedicated themselves in to trading are the people who earned a massively amount of money in trading, because don't care what ever across them base on they have use to it they mind of adapting any risks that is involved

Trading is the opposite of what people think it is, just because they have been listening to influencers that are liars just because they want to advertise an exchange, telling them trading is easy and showcasing their riches on the internet to make people fall for their lies.

This is what have triggered a lot of newbies that makes them to believe that trading is a get rich quick scheme, and before you know it, they run at big loss. Some of them will go as far as taking loan to trade. Trading is a skill and it is very complex, one year or two years is not enough because that depends on the person's ability to learn fast or not. It is not as easy as people think, I fact I will say it is difficult and very risky, because it messes with your emotion and thoughts.

By the hard work you are talking about, let me believe you meant to say persistence because trading itself is not hard, and there is nothing hard work to be done when it is not hard. But it is such that is tricky, dynamic and very deceptive, if not frustrating, that is the area where we need to be wise and smart with it, and more reason why smart work is needed here other than hard work. Is it not to plus 1 and 1 to get 2? It is so simple, but the application of that in realizing it in trading demands you to be wise, smart and proactive about it. Besides, those who are looking for quick money in trading are just not serious, and when I started I heard people saying it is like going to the ATM machine to withdraw free money. But the reality proved them wrong as trading needs all of your activeness and calculation when you are doing it.

It might be simple calculations though but it must be accurate to keep you going. Also, one may be dedicated and train so well about the market but still have nothing to show for it, that is why I call the requirement smart work. It is all about how smart you are in your learning, training and actualizing what you trained for. This will help you as a trader to possess your trading strategy and system, management and plans. It is now left to you to include discipline, which helps further to keep traders on the right path and do what they want to do without allowing emotion to infest them.

generally those that already make profit in trading probably have experienced some loosing so that they can see pattern of the market.
I don't believe some random people could just be trading and making massive profit out of it, the market is too aggresive to be that friendly to be honest.
trading as usually, require massive commitment and will to read the market without that it can almost be obvious that we just gonna lose the money.
much more when the market condition is like this whereas there are too many price swing that could cause us lose money especially if we are trying to trade futures.
its always subscription or course money from people that they aimed, never any other.

I've come across many videos on social media by professional traders and obviously the impression they're giving is that trading is get rich quick money scheme, which is not true. They make it look so easy by feeding their audience lies that within a month they can actually gain mastery and earn up to $5k. Perhaps, the end goal could be to get the subscription fees from them. Newbies should not be deceived, trading is not ABC, it takes time, patience and hardwork to learn the ropes.

This is the mindset most people have about trading. They feel having money to start up a trade is the main thing to make profit in trading. In trading making profit is far beyond just having a capital to start up, understanding trading by having knowledge will keep you going not even the money you have. Even if you have enough money not having a good understanding can make you quit trading.
Trading is just so real and there is no short way about it. Trading are for those that are ready to follow the steps, rules to learn trading to be a successful trader. 
In trading their are lots of work to be done. Making profit in trading doesn't just come very easy, you must work by learning to make profit. One must also learn to develope some attitude that can bring profit in trading .

In all honesty, trading can make one rich. However, it is not in the manner of quickness which we think. As a trader you have to give yourself time say at least  1.5 years to 3 years before your trading starts yielding profits and making money. That is what in my own understanding I can say that is getting rich quick. As a beginner trader you're not going to get rich in a week or a month or like right when you learn you're definitely and losing money and a lot of it is part of the getting rich starter pack as a trader.

That's why those with that mindset easily get burnt and then cry like babies that anything trading is a scam. They won't follow a process of acquiring set skills for it but would rather dive in headlong into it, thinking they would come out unscathed like one diving into a river without first learning how to swim. Trading is a professional stuff and those going into it should treat it with such reverence they treat other professional courses.

Well, not necessarily so with the number of years with the dedication thing. There are some who spend a decade or more in trading before becoming profitable. However, I agree with you on the skill acquisition thing.

People who think trading is a way to earn some quick money are the ones who will lose their money quickly because based on their mindset, they wouldn't spend much time learning the process and how things work so that they can get into trading with all the knowledge that is required. When you start doing something that you don't know anything about and you have money at stake, you will most likely lose your money since you won't be able to manage things in a good way.

So traders who get into the market without enough knowledge just thinking that they can earn some money quickly will waste their money. They are supposed to focus on gaining knowledge first before they start trading with their money unless they don't love their money and don't care about it.

Yes it’s true, most of the people who get into trading do it to get rich quick. They don’t do it for the love of the markets. They watch Wall Street movies or go on Wall Street bets and see how some kids turned $1000 into $1,000,000 trading 0DTE options and they all want in.

Then they realize it’s not as easy as they read on the internet or watched on TV. They lose money and get frustrated and deposit more money and lose that also. Eventually they give up and find some other hobby. If trading was so easy then everybody would be doing it.

I don't think that such people actually know what they are talking about.


I think the same. To be successful in trading requires hard work, dedication, and lots and lots of learning. There's no shortcut to that kind of knowledge.


Well, wouldn't we all like to know that? I guess there are people who just got lucky. For example, who would have thought that some of the meme coins would explode in value so much? No amount of knowledge or experience would help you with that. Now imagine if you had bags of them?

Trading requires high knowledge and skills, and any trader that is up for quick profits will never be successful in trading, but will only fail and lose his funds. That’s what greedy traders have experienced in the market, and most likely they have already learned their lessons after series of losses incurred.

However, trading can be learned and mastered in time, like a year or two, experience will definitely build your expertise in trading. The reason why such losers should never resort into quitting, as long as still have the enthusiasm to learn, they will eventually become good traders throughout the trading process.

True, if trading is a quick money maker, then there should be many traders that are very successful right now or are living their lives because of trading, but in reality, not all the time it's Christmas in trading because, no matter how skilled and experienced you are, if the market doesn't go your way, you can't do anything with that. We know how unpredictable a market is, whether it's crypto or forex trading. There are a lot of factors that will make the market move, so you can't predict them all. You will only rely on your technical analysis, indicators, trend, and many more ways in order to come up with your trade. That's why it is a very important decision if you decide to enter trading because it is not an easy thing to do. I even lay low in trading right now because it affects you mentally and emotionally, so I need to keep in check.

That will be a very myopic mentality to have if you ask me. Nothing good comes easy and as such having the mind that trading is a get rich quick avenue simply means you are saying there's no risks attached and virtually any one can do it as long as you have the money to do it. Trading takes a lot of things to be in place for you to yield your profits and according to Surgetrader, there has to be at least 15 of these things taken into account before a trader can make profit else you will encounter losses a lot especially if you don't know when to take in your profits.

Those who hear the words about how to trade quickly and justify these words will be surprised when they do it themselves even though the person who said it has spent a lot of time, energy and thought in trading, even that person has lost a lot of money when they first started learning in the world of trading.
Seeing the opposite of what people say about trading is a good thing.

Back to how we trade. You won't be able to get 50-1000k if you do it without good knowledge like a professional trader who has been involved in the world of trading for years with a process of ups and downs.

Hard work supported by knowledge and capital can earn 50-1000k. That number will not be obtained just by sleeping without working.

Once again that trading is not an activity that can be used as an intermediary to become rich instantly, I understand that all traders come with the intention and purpose of making a profit but some of the facts that exist in the world of trading will never be able to make someone an instant billionaire, one of the reasons is because trading is very risky which is simply because if you come with too much focus on profits so that you ignore some important aspects for safety in the long run then yes obviously in the end you will just waste a lot of time and money.

Actually this concept applies to all fields, or does it mean that if you want to earn money then don't you have to work and sweat a lot? Of course, meaning that it doesn't make sense if you come and get involved in trading and make a lot of money instantly without sacrificing anything. As the OP said that in trading you will only be able to get real profits when you are someone who is willing to work hard, such as learning everything related to trading, practicing discipline, and having good consistency, the fact is that it is always about learning and learning and sacrificing a lot of time to practice everything, because it is only by learning that you will be able to gain experience and knowledge which knowledge will lead you to profit, so there is no profit in anything without dedication and sacrifice beforehand.

People who think trading is a get-rich-quick scheme are those who do not have knowledge about trading. Someone who really has knowledge of trading will know what it takes to make money from trading because it is not easy to make money from trading. However, traders experience many risks, and for you to overcome those risks, you must first learn.

However, it is normal for you to be a successful trader. You must work harder. Many newbie traders still don't understand how trading works; all they want is to make money. They don't learn first, which is impossible, and that is why you will panic after losing money. Greed also causes many people to lose in trading.


By hard work, you just mention the fact that other people are doing it; you can also do it; and some traders are earning more than this. The main idea is that you should just get the knowledge and know the ins and outs of the market, and you will also make money like others.

To become a reliable trader requires quite a long time to learn and gain experience in the market. What beginners don't know is that they think after reading and watching lots of how-to trading videos they will instantly become experts. And that's a big mistake. Because in fact the biggest defeat for novice traders is not due to their stupidity in technical analysis. but most novice traders experience defeat because they are too confident and don't understand how to manage their emotions when trading. So many novice traders lose because they are greedy or because they panic too much. To learn how to regulate emotions requires experience in the market. And this is what is very important for beginners to understand. That trading is not a get rich quick scheme. and also cannot be learned while running. Everything must be learned slowly while gaining experience in the market little by little and there is no need to rush.

Is 1-2 years sufficiently enough for one to learn trading or do you think those who are well known traders just started a day to began making profits while they trade? Well, I can't really tell when is enough for one to learn trading, what I understand mostly is when you think you can be able to manage your funds and have little or no lose while trading, although trading entails one losing but that doesn't mean someone will always record high level of lost but at least not much. Trading is not what one can say he has all the technicalities to keep making profits while trading, but to be able to manage your funds and reduce lost or your profits takes over the lost. People always have this picture of making huge money while trading without knowing it needs dedication and sacrifice (time & reading) to be able give to out meaningful results.

Absolutely correct OP. Many people think trading is easy money. With trading you will become rich overnight. Hence many dive into this field in greed to make money in short amount of time. They need to understand that trading always comes with high risk. Moreover unlike any other task, trading also requires some knowledge and practice. If you don’t educate much about trading, then no one will save you from making losses.