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Author Topic: Don't Go Full-Time Trading If You're Broke, Here's Why.  (Read 348 times)
ZAINmalik75
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February 05, 2026, 09:14:20 PM
 #61

Based on what I'm seeing now as a trend on social media, most scammers are deceiving the beginners, they make them believe that they can become rich through trading without doing any other job, that's why some newbies are so determined to be like their internet mentor. Most of those internet mentors are just content makers that got promotion offers from brokers, they are hired to promote a broker and from there, they starts to tell false stories that would convince some beginners. Other beginners in my country who fall victims to it have realized themselves and are into jobs, they will go back to trading later.
Content creators should take full responsibility of what they are advertising but the dilemma is, they give disclaimer and they save themselves from any excusations made against them. People also don't go after them once they start losing money to those brokers.

But this is just one thing, creators motivate us but it is us who wants to get motivated, who wants to get scammed by them, in reality we are not getting scammed but we was idiot enough to let them fool us into thinking that we can be rich with trading even if we are broke, that's how they start their stories that some broke person invested $10 and become rich over night.
But the real struggle never been mentioned.

 
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bangjoe
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February 05, 2026, 09:31:30 PM
 #62

Trading shouldn't be your only source of income, it is not even advisable to start trading if you don't have a back up or other means of making money then you shouldn't even think of trading because it's only going to end up frustrating you in the long run. Depending on traidng totally is only going to make you desperate and it's not going to make you make rational decisions.

I know there are people who can be day traders they manage to get profits that can be sufficient for their trading activities, but usually done by people who are already professionals, I think it will not be a problem for them when they already have the ability to trade with a high success rate.
But for beginners and have not been able to get consistent profits from trading at the end of each monthly calculation is not recommended to trade if you do not have other income, after all life must go on, the cost of basic expenses must be borne, and if we have poor finances then we cannot maintain our lives properly, which is a very big risk whether we can still finance life or not if doing it by force in the phase has not guaranteed to be able to generate profits that can meet our needs.

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Today at 08:09:16 AM
 #63

When you're in tight spot to make ends meet, you need to compensate, do more trade to earn more profit, but trading is not about trading more, it's about right action at the right time so you lost all your money and you become more desperate seeking for a loan to trade again only to blow it up again.
That's the scenario when you got empty wallet but the will to make profit to trade, you become too greedy, overtrading, and desperate.

Everytime you see a rise you thought next biggest bullrun is about to come and when you see market dumping you thought the end is near. Been there done that, I'd advise only trade when you got enough of money, enough to make you feel nothing when losing it.

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