Why should young people never trade?
I have been trading for so many years, but I never persuade others to trade, especially young people. I basically persuade them to quit. Why?
The success rate of trading is too low, and it is not a cumulative effect. For example, if you do another job, you may have more or less gains and savings as time and experience accumulate, and there is no problem in ensuring food and clothing. But it is not the case in trading. If your initial cognition is wrong, such as you like to make a small fortune, aiming for financial freedom, and making money easily, then it may be a road of no return.
In addition, many young people have just entered society and have not yet developed a correct view of money. Once they enter trading, they are very likely to feel that money comes too easily, thinking that they can make money by clicking the mouse on the computer or clicking twice on the mobile phone. After that, they will look down on some small money in real life, and look down on ordinary jobs, and no longer have the patience to work diligently and accumulate little by little.
So if you are very young, you can first find a job, cultivate your professional skills, and treat trading as a hobby.
I’m Brother Ming. I’ve been working in the trading market for many years. If you have any questions about trading, you can contact Brother Ming. Welcome to chat!