Disadvantages of been a trader

in #forex6 years ago

People think they will learn how to trade in just 5 min or in a week and from that think that they’ll make a million dollar in the markets but what really happened is that trying to learn how to trade, they loss a lot of money because beginner traders anticipate the market and don’t see the bigger picture. So, the first disadvantage of been a trader is that you can feel quite lonely when you are learning and start operating via online you don’t usually have a group of people that guide you. Another disadvantage is that learn to trade takes time learn, make an profitable strategy and tasted. You have to be disciplined if you are not you cannot be a trader or not one that generates a consistently income, you have to schedule your own time and setup which time a day you are gonna trade. To me this are three of the disadvantages you should take a look before initiate in this road.

Remember what they are: a) this is a lonely path; b) it takes time to really learn how to do it right; the last one and what I think is the most important one is that if you cannot be disciplinate you can’t be a trader.

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