Trading can be a lonely and boring business at some point because, you do not have anyone to talk to and are just alone with your computer, phone, or tablet in your room, just trading. And many newbies may at some point think that they are probably wasting too much of their time. If you are in this situation right now, I want you to know that you are not wasting your time.
If you are an experienced trader reading this, how did you know that you were not wasting your time trading at the time when you felt this way?
We can call a period of time wasted when nothing profitable or knowledgable gained after it, while every moment we waste on trading could add to our experience and knowledge, so it's not wasted time. However, every newbie trader needs a period of time to get used to trading and risk management. Just like other fields, you gain experience as much as you spend from your time.
Learning is continuous in trading, every experience could give us some ideas that we can use in the next trade especially if we lose. The more we understand trading, the more we love doing it. A person who would think that doing something is a waste of time like trading is a person who is not really happy of what he did. In this case, it was unhealthy if we keep doing this but leaving and finding a new job is the best option.
But for me, trading is a great venue when wanted to earn money. It is risky as we all know but it is manageable when you really be doing this by heart and passion.
