To traders

[Olatundespo]

Indeed, trading is a very big risks, but still most people's don't want to hear. They are always after of making quick profits without realizing the risks involved in it, as far as trading is concerned your chance of losing is high, while the chance of making money from it is very slim, still people don't want to use their head. Trading is one thing I always avoid in my life, ever since had about the risk involved. However, I think It'll be better for us to stay away from any trading because is just all about risk.

As you understand the risks of trading, your capital will start to be protected and as you become more familiar with yourself as a real investor, you will enter a safe zone. Newbies are more eager to make high profits in the short term through trading. The sooner you are able to catch your mistakes, the more you will be tempted to invest in the long term. To avoid trading, you need to focus more on alternative sources of income so that there is no need to make high profits in the short term because your discretionary income source makes it more tempting to invest in the long term.

[Shadiq]

I always look at trading negatively, because there are more negative results than positive results in trading. I am not saying that you cannot make money from trading. If there is a difficult and risky way to make money, it is trading. Because you have no trust in your money, it is completely uncertain when the market will turn. Basically, the turning of the market during trading means the turning of your life. Especially if you cannot control your emotions, I can guarantee that your fate will be like Marc Angel one day. I do not know how true his story is. But there should be no doubt that he lost money.

Nowadays, we see some young people who take trading seriously and dream of their own lifestyle with trading. If you ask a new trader about trading, the only thing he will say is that he earns a huge amount of money from trading every day. His lifestyle is very advanced, etc. Basically, the person through whom he enters trading is the biggest fraud. Someone who knows about trading and will never tempt a newbie trader with money when entering, but rather will warn him. Trading is always risky no matter who you are.

[Baki202]

As you understand the risks of trading, your capital will start to be protected and as you become more familiar with yourself as a real investor, you will enter a safe zone. Newbies are more eager to make high profits in the short term through trading. The sooner you are able to catch your mistakes, the more you will be tempted to invest in the long term. To avoid trading, you need to focus more on alternative sources of income so that there is no need to make high profits in the short term because your discretionary income source makes it more tempting to invest in the long term.

The first thing people need understand be say trading get risk but even at that with the right knowledge you go fit aviod a lot of things because even with the risk no be say you go lose all your money if you do the right thing because na waiting they cause problem be say people no they read the manual and they wan make money. And we know say people they eager to make money but he no mean say you go do some kind reckless things.  We know say the thing no easy and we need money but he no come mean say you go come get the mindset say if you start am you go start they cash out and the thing no they work like.  Trading sweet oh but na only when you understand am  you go enjoy am. Na that understand people no wan understand and na why complain full everywhere be that. Any body wey wan trade suppose dome prepare before they start anything. Things they wey person go sabi first.

[Sticky Bomb]

All these happened to him because he was a novice and trusted inexperienced people. He failed to have a budget and used excessive leverage and he was hit hard by the negative effect of his carelessness. Trading is a risky bargain, and even more risky when you are a novice and going all in. Having a budget and focusing more on acquiring sufficient skill sets and strategies to engage effectively is very much more important than focusing on profitability alone, which can render you bankrupt before you even know what is happening.

[asarfiar]

All these happened to him because he was a novice and trusted inexperienced people. He failed to have a budget and used excessive leverage and he was hit hard by the negative effect of his carelessness. Trading is a risky bargain, and even more risky when you are a novice and going all in. Having a budget and focusing more on acquiring sufficient skill sets and strategies to engage effectively is very much more important than focusing on profitability alone, which can render you bankrupt before you even know what is happening.

It is very difficult to prepare yourself through consciousness and overall to trade One of my acquaintances trades and earns something in exchange. But in the beginning, he started to move well At one time he traded and was  financially harmed because he was not good about trading Could not gain any experience. And these things are more noticeable among young people They basically make this mistake more So, in addition to gaining experience in trading techniques, trade you a little and try to avoid high risk. Trading is a good medium if you are prudentYou can proceed through.

[Tonimez]

All these happened to him because he was a novice and trusted inexperienced people. He failed to have a budget and used excessive leverage and he was hit hard by the negative effect of his carelessness. Trading is a risky bargain, and even more risky when you are a novice and going all in. Having a budget and focusing more on acquiring sufficient skill sets and strategies to engage effectively is very much more important than focusing on profitability alone, which can render you bankrupt before you even know what is happening.

Trading is a good medium if you are prudentYou can proceed through.

Trading can not be referred to as a good medium in this context. Trading is synonymous to gambling and that it is. That you traded and won today doesn't mean you don't have Greater chances of loosing your assets. Most traders have lost their assets in split seconds and many are already addicted that they sell of their properties to put back into trading. Bitcoin long term investment is a cool option, less stress and promises gain at the end. Investing beyond your capacity is always one of the major reasons that people trade their bitcoin when they feel anything reasonable could come out while some also end up loosing all.

[Sonia_123]

Trading is very risky. Be it it crypto, forex, stocks etc. As long as it is about scalping or day trading, it is very risky. I do not know if what I saw about Mark Angel is true as I am not active on Instagram at all. But I think it is true. Anyone active on Instagram can confirm this for us.

How I lost $3.7m, properties to forex trading –Mark Angel

You can easily understand the news from the title.

Popular skit maker, Mark Angel, has revealed how he lost $3.7 million to forex trading, with his properties taken away by loan sharks.

Describing 2024 as his worst year in a post on Instagram on Sunday, the content creator said the losses brought him to the brink of hopelessness.

“The weight of the loss, over $3.7 million was suffocating. I was drowning in debts, and one by one, I watched all my properties slip into the hands of loan sharks. It felt like my world was crumbling, and in my darkest moments, I considered ending it all.

He said he was drowing in dept if not because of some people that supported him. A very wealthy person like that which was the second richest among the skit market was drowing in dept all because of trading.

It is not only forex, even all other trading is risky. Even if it is bitcoin, do not let its less volatile market than other cryptocurrencies fool you. It will only encourage you to use high leverage and the unexpected might happen. Hold, but only trade with the amount of money that you can afford to lose.

Be careful of those that will help you to trade. It is just a scam.

Will traders ever listen and admit that trading is risky, they find it convenient to be trading instead of investing, in fact trader never accept or believe that their trading is risky, we don't know how to stop them , they believe is the most successful and profitable business which they can't withstand.
The fear of them losing their investment to the price of Bitcoin when it goes low is what they are scared of and that is why any price fall in, they are fast to sell their investment.

[Charles-Tim]

Will traders ever listen and admit that trading is risky, they find it convenient to be trading instead of investing, in fact trader never accept or believe that their trading is risky, we don't know how to stop them , they believe is the most successful and profitable business which they can't withstand.

I think traders know that trading is risky but they think they can control their emotions and able to use some trading strategies and plans to minimize the risks and make money than losses. But with this thinking, some traders continue to lose after many months of trading. What you can say is that traders may not know trading is risky than they thought because if they know how risky trading is, they might just not trade.

[Rgram]

Trading is very risky. Be it it crypto, forex, stocks etc. As long as it is about scalping or day trading, it is very risky. I do not know if what I saw about Mark Angel is true as I am not active on Instagram at all. But I think it is true. Anyone active on Instagram can confirm this for us.

How I lost $3.7m, properties to forex trading –Mark Angel

You can easily understand the news from the title.

Popular skit maker, Mark Angel, has revealed how he lost $3.7 million to forex trading, with his properties taken away by loan sharks.

Describing 2024 as his worst year in a post on Instagram on Sunday, the content creator said the losses brought him to the brink of hopelessness.

“The weight of the loss, over $3.7 million was suffocating. I was drowning in debts, and one by one, I watched all my properties slip into the hands of loan sharks. It felt like my world was crumbling, and in my darkest moments, I considered ending it all.

He said he was drowing in dept if not because of some people that supported him. A very wealthy person like that which was the second richest among the skit market was drowing in dept all because of trading.

It is not only forex, even all other trading is risky. Even if it is bitcoin, do not let its less volatile market than other cryptocurrencies fool you. It will only encourage you to use high leverage and the unexpected might happen. Hold, but only trade with the amount of money that you can afford to lose.

Be careful of those that will help you to trade. It is just a scam.

Yes I very much agree with you..
Trading in general is very risky, and yes forex especially deh very risky as well..I know a guy that started forex in 2022, but it was in 2024 he started to make profits but despite the lessons market don teach am over the 2years period I thought would’ve been enough but at some point this carry I think around 70% or so on one trusted traded not like it was so much tho, around $13k and then he came back for a revenge trade and that was it for him, tho he’s currently coming back up but that fear from the previous risk that wrecked him is still in him so even tho he’s making profits, it’s not as risk free now, he now takes risks management even more serious, and to me one sweet thing is that I try to learn from other peoples mistakes and most times I learn from them but also make same mistakes as well, but after my short exposure to forex I had to come back to investing in crypto..
Yeah it drains that fast if you don’t put risk management first but if you do then you’re good to go..

[Olatundespo]

Will traders ever listen and admit that trading is risky, they find it convenient to be trading instead of investing, in fact trader never accept or believe that their trading is risky, we don't know how to stop them , they believe is the most successful and profitable business which they can't withstand.

I think traders know that trading is risky but they think they can control their emotions and able to use some trading strategies and plans to minimize the risks and make money than losses. But with this thinking, some traders continue to lose after many months of trading. What you can say is that traders may not know trading is risky than they thought because if they know how risky trading is, they might just not trade.

I completely agree with your idea about trading. If traders were fully aware they would try to distance themselves from trading and would cover themselves in long-term investments. They are aware that they are trying to cross a risky bridge and try to make themselves heavier but they end up losing their money. It is difficult to control their emotions while trading and gambling. They continue to lose money after trading for many months and you might compare them to people who are addicted but they keep losing huge amounts of money even though they know the risk. So we should cover myself in long term Bitcoin investments from high risk management.

[Africolo]

I think traders know that trading is risky but they think they can control their emotions and able to use some trading strategies and plans to minimize the risks and make money than losses. But with this thinking, some traders continue to lose after many months of trading. What you can say is that traders may not know trading is risky than they thought because if they know how risky trading is, they might just not trade.

Trading is risky, who doesn't know this particular aspect the space? We trade with our capital, we either make profits or loses, but always ensure our winning exceeds our losses. That's the evidence we need to see we're doing well in the market. Trading is not anyone's birthright, we should be more optimistic about our goals in the space. We know how diverse it's always been and the level of traders we can adapt to ourselves. In every given opportunity, we showcase our pattern and see if it can save us from outstanding features.

[Mate2237]

I think traders know that trading is risky but they think they can control their emotions and able to use some trading strategies and plans to minimize the risks and make money than losses. But with this thinking, some traders continue to lose after many months of trading. What you can say is that traders may not know trading is risky than they thought because if they know how risky trading is, they might just not trade.

Trading is risky, who doesn't know this particular aspect the space? We trade with our capital, we either make profits or loses, but always ensure our winning exceeds our losses. That's the evidence we need to see we're doing well in the market. Trading is not anyone's birthright, we should be more optimistic about our goals in the space. We know how diverse it's always been and the level of traders we can adapt to ourselves. In every given opportunity, we showcase our pattern and see if it can save us from outstanding features.

Trading is risky but it's all depends on the person that is trading because trading is one good means that people make profit from it all depends on how good a person is with analyzing the market because your ability to predict the flow and movement of the market is key to the success of any traders that's why am saying that trading is another good means of making money, if we only concentrate on the risks factors if trade you may not get the benefits of trading.



One thing about trading is that trading and your mindset is key because if you have a wrong mindset concerning trading you will not make it when it comes to trading trading is not a ponzi scheme but it depends on technical analysis of the market

[Silentcursor]

Trading is very risky. Be it it crypto, forex, stocks etc. As long as it is about scalping or day trading, it is very risky. I do not know if what I saw about Mark Angel is true as I am not active on Instagram at all. But I think it is true. Anyone active on Instagram can confirm this for us.

How I lost $3.7m, properties to forex trading –Mark Angel

You can easily understand the news from the title.

Popular skit maker, Mark Angel, has revealed how he lost $3.7 million to forex trading, with his properties taken away by loan sharks.

Describing 2024 as his worst year in a post on Instagram on Sunday, the content creator said the losses brought him to the brink of hopelessness.

“The weight of the loss, over $3.7 million was suffocating. I was drowning in debts, and one by one, I watched all my properties slip into the hands of loan sharks. It felt like my world was crumbling, and in my darkest moments, I considered ending it all.

He said he was drowing in dept if not because of some people that supported him. A very wealthy person like that which was the second richest among the skit market was drowing in dept all because of trading.

It is not only forex, even all other trading is risky. Even if it is bitcoin, do not let its less volatile market than other cryptocurrencies fool you. It will only encourage you to use high leverage and the unexpected might happen. Hold, but only trade with the amount of money that you can afford to lose.

Be careful of those that will help you to trade. It is just a scam.

trading is actually not easy though, but its all about decisions, if you are ready and have decided to do something you have to be ready to be able to bear the ups and down it will offer to you.
Just like someone joining the military of course they are aware that there is a chance that they will probably loose their life but they still chose to go for it even when they are a whole lot of different jobs out there that is completely safe for them, this is because they have the passion for such and they are willign to give alot into that aspect of life.
so is it in trading also, there are some people out there that has passed losing streak to losing streak but they dont still want to stop, this is because of the passion that they have developed for trading, they are not even interested in only the money any more but they have this passion looking and learning more from candles and patterns.
while there are some sets of traders who get discouraged easily and give up, then they call it gambling. Some individuals just hear that this aspect of hustling de productive ooh.. with that been heard they will go into it without passion just because of only the love of money, not caring to know about the risk. And those are the type of people that fall into such regrets and frustration at the end giving discouraging those that are trying to develop the passion for trading and investment.
You want it by all means legal, you should be willign to get it by all means legal no matter what you face, and at the end you will be happy you didn't give up.

[Charles-Tim]

they are not even interested in only the money any more but they have this passion looking and learning more from candles and patterns.

The only reason people nare trading is because of the money. What that will make them earn the money is what they are interested in. If candles are there, so they will learn about it

You want it by all means legal, you should be willign to get it by all means legal no matter what you face, and at the end you will be happy you didn't give up.

What is legal or illegal about this?

There are some people that have traded for months and years and losing.

My advice to people is that they should be trading with the amount of money that they can afford to lose.

[Josefjix]

You're right, people are just more concerned about doubling their money and don't even care how they would do it or how risky it is. Even with knowledge trading is risky and there is no guarantee of profit so when engaging in it we should have in mind that it's a 50/50 chance and anything can happen.

The problem most Nigerian get is that, they tends to invest in what they don't understand, the investment process that they got no knowledge about, which is bad. You get sabi wetin you dey use your money put inside even if the knowledge no reach 100% at least you get basic knowledge about it.

Not only crypto market too, all areas of investment, real estate, bond, gold and many others. When you enter such investment you'll never be moved and loves it because it's not your line of increasing income.