Can newbie become rich with trading

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Can newbie become rich with trading

Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.

Isuru MS Answered question July 17, 2024
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trading and investing has same level of complexity , in trading we must mastering all technique needed to analize price is it technical or fundamental?. accumulation strategy that applied on trading will have better result than investing. in investing we will miss on daily volatility that should taken as opporunity to earn money.

Isuru MS Answered question July 17, 2024
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Your topic title indicates you are looking short cut to become rich. That’s the prevention of becoming rich from trading. Because a greedy attempt is enough to throw you to the road, to be honest. If you don’t have enough patience then practice it. Don’t try to become rich over the night. Trading isn’t an investment scheme, here you may make a profit or would lose your capital as well. So the suggestion is to start trading with a small amount and practice, learn as much you can. Read articles and watch YouTube for learning purposes. Then day by day improves yourself.

adrian ondachchi Answered question July 17, 2024
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Trading is a game where you’re mostly going against the top quant trading firms, unless you’re trading those low-cap coins where they mostly wouldn’t even bother trading.

And there isn’t really a sort of “manual”. There are trading basics out there, but in the end you come up with your own strategies. Because if you and a lot of people follow and use a single strategy, chances are the profitability is going to be really low and you’re just going to try to front-run each other.

Danusushka de zoyza Answered question July 17, 2024
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