🎯Can you really earn money by trading?
I am writing this because of a conversation that happened today. If you ask if you can really earn money from trading, my answer is yes.
But if someone asks me if it is possible to become a millionaire in a month by trading, I don't have an answer.
This is the reason. Trading is not about displaying charts on many monitors for the world to see or being a tiktok fan. More than that, you need to spend a lot of time and you need a strong psychology.
It takes at least 4-5 years to develop the psychology mentioned earlier. Even I, who am writing this, still have a lot of confusion on the psychology side.
If we take the next point, the monthly pnl target of many professional traders is in the range of 5-10%. Because with trading, anyone targets their financial freedom. Then a 10% pnl gain is usually enough for someone who has a good capital. The more it increases, the more our psychology gets confused.
🎯The next thing is that the people who do the course actually get there by trading or by taking a course?
If we talk about this, 99% of those who take trading courses will get through the course. There are 1% of them who do it right. Those people don't run a flood of sponsor ads. It is done for those who are in loss.
To put it simply, trading is something that needs to be practiced for many years like other things, spending time and effort, not something that can be learned by watching a YouTube video.
Owner: Nimithi
