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Author Topic: What people some people don't know about trading  (Read 704 times)
Best-mary (OP)
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April 15, 2024, 04:42:36 PM
Last edit: April 15, 2024, 04:57:39 PM by Best-mary
 #1

I have seen where people say trading is a quick to get money.

But I see it differently. Rather, trading is a place that shows those who work hard, put in consistency and are ready to learn and those who think they can outsmart their way in.

Those who earn massively in trading are those who have dedicated 1-2 years of their time to learning a particular skill to perfection.

So, how can you earn 50-1000k like them if you didn't put in the work?

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April 15, 2024, 04:51:18 PM
 #2

I have seen where people say trading is a quick to get money.

Such people will trade and lose as fast as possible because they are trading like they are gambling.


So, how can you earn 50-1000k like them if you didn't put in the work?
The amount you can earn will depend on your trading fund. It is possible that you can earn less than $50 daily or weekly if you start with low amount of money as you minimize your risk. As you minimize your risk so you are minimizing your profit but which is the better tactics to win more in trading than lose.

But it is good to know that trading is very risky as you are looking for profit losses my be the result.

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April 15, 2024, 05:09:05 PM
 #3

That person never knows how risky trading is, if only one thought how to get money fast then it is wrong, usually say this is a layman.

Trading is not an easy matter you have to study longer depending on your ability to work hard to understand everything because in trading it will drain a lot of thoughts so it will take a long time.

Working hard will not betray the results, behind it all the traders will feel the big losses.

You can earn 50-1000K if you are professional and apply everything in trading.

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April 15, 2024, 05:12:03 PM
 #4

So, how can you earn 50-1000k like them if you didn't put in the work?
Well said, I read a quote today where they say, life changes in one night, and that night takes years. So basically people saying I made such money overnight are sometimes not counting the time they have spent on it. I am not talking about others, I am talking about the one who got that one night and changed his life. Those are sometimes also saying they achieve this over night. I know they didn't but they should add that time also.

Trading is not easy, but it also not require us 2 years of experience to make good money, we can't get rich over one trade, you might heard of that Japanese dude (Takashi Kotegawa) who turn $13,000 into 153 million dollar in just one trade. But you must not heard of his backstory. How he gambled all that. In my sight it was gambling and he was a bit lucky. Point is, we should really see the efforts that other is making not the money he is making.

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April 15, 2024, 06:11:03 PM
 #5

I have seen where people say trading is a quick to get money.

But I see it differently. Rather, trading is a place that shows those who work hard, put in consistency and are ready to learn and those who think they can outsmart their way in.

Those who earn massively in trading are those who have dedicated 1-2 years of their time to learning a particular skill to perfection.

So, how can you earn 50-1000k like them if you didn't put in the work?
Not just 1-2 years of experience but more of that and think of how much they're able to lose before they've learned the lesson, that's for sure a lot of money that they've used.

The effort that they've exerted and the time that they dedicated in trading to learn and master it can't be compared to anyone who's saying that it's just a way to earn quickly.

Let them trade and see how hard it is to read the market even if you're good in technical analysis, this market is so slippery that sometimes they don't even work.
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April 15, 2024, 06:24:26 PM
 #6

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.

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April 15, 2024, 07:08:06 PM
 #7

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.

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April 15, 2024, 07:35:00 PM
 #8

I have seen where people say trading is a quick to get money.

But I see it differently. Rather, trading is a place that shows those who work hard, put in consistency and are ready to learn and those who think they can outsmart their way in.

Those who earn massively in trading are those who have dedicated 1-2 years of their time to learning a particular skill to perfection.

So, how can you earn 50-1000k like them if you didn't put in the work?
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.

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April 15, 2024, 07:50:29 PM
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 #9

I have seen where people say trading is a quick to get money.

But I see it differently. Rather, trading is a place that shows those who work hard, put in consistency and are ready to learn and those who think they can outsmart their way in.

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.

Quote
So, how can you earn 50-1000k like them if you didn't put in the work?

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.

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April 15, 2024, 07:51:25 PM
 #10

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.


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April 15, 2024, 08:47:49 PM
 #11

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.

R


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Majestic-milf
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April 15, 2024, 10:18:06 PM
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I have seen where people say trading is a quick to get money
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.

R


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April 15, 2024, 10:34:37 PM
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I have seen where people say trading is a quick to get money
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.
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.

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April 15, 2024, 11:41:04 PM
 #14

That person never knows how risky trading is, if only one thought how to get money fast then it is wrong, usually say this is a layman.

Trading is not an easy matter you have to study longer depending on your ability to work hard to understand everything because in trading it will drain a lot of thoughts so it will take a long time.

Working hard will not betray the results, behind it all the traders will feel the big losses.

You can earn 50-1000K if you are professional and apply everything in trading.
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.

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April 16, 2024, 12:11:58 AM
 #15

I have seen where people say trading is a quick to get money.


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

But I see it differently. Rather, trading is a place that shows those who work hard, put in consistency and are ready to learn and those who think they can outsmart their way in.

Those who earn massively in trading are those who have dedicated 1-2 years of their time to learning a particular skill to perfection.

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.

So, how can you earn 50-1000k like them if you didn't put in the work?

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?

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April 16, 2024, 04:31:11 AM
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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.

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April 16, 2024, 04:35:08 AM
 #17

I have seen where people say trading is a quick to get money.

But I see it differently. Rather, trading is a place that shows those who work hard, put in consistency and are ready to learn and those who think they can outsmart their way in.

Those who earn massively in trading are those who have dedicated 1-2 years of their time to learning a particular skill to perfection.

So, how can you earn 50-1000k like them if you didn't put in the work?

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.

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April 16, 2024, 09:52:36 AM
 #18

I have seen where people say trading is a quick to get money.

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.

Quote
Those who earn massively in trading are those who have dedicated 1-2 years of their time to learning a particular skill to perfection.
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.

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April 16, 2024, 11:28:24 AM
 #19

I have seen where people say trading is a quick to get money.

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.

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April 16, 2024, 11:51:32 AM
 #20

I have seen where people say trading is a quick to get money.

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.
Quote
But I see it differently. Rather, trading is a place that shows those who work hard, put in consistency and are ready to learn and those who think they can outsmart their way in.
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. 
Quote
Those who earn massively in trading are those who have dedicated 1-2 years of their time to learning a particular skill to perfection.
So, how can you earn 50-1000k like them if you didn't put in the work?
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 .

R


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