Many traders open accounts and start trading, experiencing both gains and losses until, eventually, they lose everything. After multiple attempts and failures, they begin searching for sources that offer special tips to recover their losses.
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They may come across a channel that promises to generate 15,000 points per week, leading them to believe they've found the answer. They start fantasizing about significant profits, calculating that trading with a size of 0.10 could potentially bring in $45,000 a month.
These dreams soon take hold, and they imagine themselves driving luxury cars like Ferraris after just two months. Yet, in reality, their accounts hold only $1,000 or $2,000.Channels offering such recommendations are 90% likely to be scams designed to collect capital.
Inevitably, their hopes, dreams, and ambitions fade, leaving them with substantial losses in their accounts. Instead of giving up, they look for someone to manage their accounts, which I’ve previously advised against. These individuals focus on recovering their losses without prioritizing training and learning.Don’t fall into the same trap as these impatient traders.
Take the time to learn and practice before diving into trading. Success is achieved through patience, perseverance, and continuous learning. It's far better to invest one or two years in self-education than to spend four years chasing others who ultimately take your money.
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