It is not only trading without knowledge that is risky, but all business and investments where you do not have knowledge can prove to be risky. My own experience says that trading is very difficult if you do not have good experience and complete expertise in trading. So you should never get into trading, as many people think about it.
That's true but I was just trying to respond to comments regarding trading which would pose a risk if done without proper knowledge. Anything related to money definitely has a different level of risk, but if trading is done without knowledge, there is a very high risk of losing. We will gain experience as we carry out our trading journey and if someone is just learning about trading then it is best to try taking a small amount first and then it can be increased according to the experience gained.
That's such a true thing, it is easy to say it but not easy to do it at all. I personally would love to be like that but trading is harder than most people think, and we should be more careful about it than we have been so far and that is going to change a lot. I know that things are not that easy and there are some stuff that could make it change a lot but if we are careful about it then we are going to be fine.
I personally do not really feel like there is going to be anything that would not be all that well, and should definitely reach to a point where we could end up with a greater return and by the looks of it we are going to end up with a good profit if we just focus on learning how to be a better trader.
That is a real expression that we often encounter and we ourselves may even have experienced such a situation. Trading is not easy to do because it requires experience and knowledge and if someone forces you to trade without knowledge, you will definitely face much greater risks. Learn first if you want to decide to trade, at least we can face the risks correctly and at least it won't affect us psychologically when we experience losses.
Because basically trading can be studied and will provide conclusions for someone involved, although trading cannot always produce profits. But if we have the right knowledge about trading, even if we suffer a loss we can still face this condition and at least we can take advantage of the opportunity to make a profit in the next trade.
