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Is Trading Really Difficult?

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Is Trading Really Difficult?



It has become a well-established fact that the trading world has more failed traders than successful ones. Everyone knows that those who provide paid education through regular classes and seminars aren't successful because of their trading, but rather due to their cleverness in selling nonsense.


This fact has built a conviction in the hearts of most traders that trading is actually much more difficult than they initially thought. Because even though they directly trade currencies, it doesn't mean they can make money anytime and as much as they want. In fact, they lose money more often than they gain it.


"But is trading really that difficult? Is the aspiration to become a successful trader impossible to achieve?"


Trading is not actually difficult to do. The essence of trading is simply analyzing the market, making a plan, setting realistic targets, and managing risk. Although most traders fail, others eventually manage to make money from trading consistently. These are the ones who disciplinedly conduct analysis, make plans and execute them. They manage risk and set reasonable targets, not excessive ones.


Meanwhile, failed traders also analyze the market and make plans. Unfortunately, they change those plans in the middle of trading, making their previous analysis and plans useless. They also set targets, but these tend to be too ambitious, because they want large and instant profits. As for risk, what is risk? They don't know risk. There is no word for risk in their dictionary.


So, trading is not really difficult. It's the traders who tend to make things difficult for themselves with their undisciplined actions. After they fail, they claim that trading is difficult. Because there are more failed traders, the opinion that "trading is difficult and complicated" spreads more quickly and becomes a communal belief.


#OPINIONLEADER#

Edited 16 Feb 2025, 06:29

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