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Author Topic: What your opinion?  (Read 1483 times)
synchronym
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June 14, 2024, 08:23:17 AM
 #201

Trading is definitely risky, we have to trade with the risk in mind. But trading online seems to me to be more risky. If you want to do online trading my advice to you is definitely not to invest too much money. Because if you invest too much money then there will be risk of losing. So first you need to understand about trading by investing small amount of money then you can trade more money step by step. But for a newbie I would say that if he is new to trading then he must first gain knowledge about trading if you don't gain knowledge about trading then you won't get much success. So whether we want to do online or direct trading, our patience is very important. Many times it can be seen that many big traders also lose patience. So if we can do trading with patience and long-term planning. Of course, through this trading we can get enough profit which will encourage us to do more trading.

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June 14, 2024, 12:44:39 PM
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 #202

Trading is definitely risky, we have to trade with the risk in mind. But trading online seems to me to be more risky. If you want to do online trading my advice to you is definitely not to invest too much money. Because if you invest too much money then there will be risk of losing. So first you need to understand about trading by investing small amount of money then you can trade more money step by step. But for a newbie I would say that if he is new to trading then he must first gain knowledge about trading if you don't gain knowledge about trading then you won't get much success. So whether we want to do online or direct trading, our patience is very important. Many times it can be seen that many big traders also lose patience. So if we can do trading with patience and long-term planning. Of course, through this trading we can get enough profit which will encourage us to do more trading.

Trading is a process, the word investing should not be mixed while taking about Trading because both have different meanings.
I disagree with you that a Trader should trade with the risk in mind, I believe we are already aware of the risk, so we need risk what we can afford to loss, same time applying the right strategy that what's a Trader needs and not always about Risk blah blah.
Trading is not as Risky as we pose it to be, and this is what blocks Traders mentality not to perform well, we accept and learn that is the necessary factor.
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June 17, 2024, 06:06:33 AM
 #203

Trading is definitely risky, we have to trade with the risk in mind. But trading online seems to me to be more risky. If you want to do online trading my advice to you is definitely not to invest too much money. Because if you invest too much money then there will be risk of losing. So first you need to understand about trading by investing small amount of money then you can trade more money step by step. But for a newbie I would say that if he is new to trading then he must first gain knowledge about trading if you don't gain knowledge about trading then you won't get much success. So whether we want to do online or direct trading, our patience is very important. Many times it can be seen that many big traders also lose patience. So if we can do trading with patience and long-term planning. Of course, through this trading we can get enough profit which will encourage us to do more trading.
If by trading online you mean cryptocurrency trading then I'd agree with you that the cryptocurrency market is much more volatile and unpredictable than traditional financial markets such as stocks and forex, and this is the reason why it is considered to be risky, but I would say there are ways to mitigate the risks and be on the safer side, for example, one can only trade in the spot market as a beginner and only buy and sell cryptocurrencies that they know are old and good.

However, this doesn't mean that a person doesn't need knowledge to start. It's easier to trade in the spot market but for someone to begin with it, they must gain basic knowledge about the market, cryptocurrencies, and several trading practices and metrics that they will require when they are making their trades.

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mahzan77
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June 17, 2024, 10:07:28 AM
 #204

I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her.
Trading is not the same as investment, both are risky but trading is riskier. For anyone that wants to be a trader, my advice is to never depend on it, start small and use the amount of money that is lower than the amount of money that you can afford to lose to trade. If you continue to trade, you will know which step to take depending on how trading favours you. But just like gambling, never rely on trading, although trading is not gambling.

I really agree with this opinion, because both are equally dangerous, therefore for all beginners, especially me, if you want to invest or trade online, you have to start from a cheap price to avoid things we don't want.

But if you save shares in Bitcoin, little by little it will become a hill.
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