Some important advice to friends new to the capital market
The market is not a place where you can go for a hundred years overnight. Be sure to be in the market for a very long time (at least 4-5 years) and see and study the movements to get a relative understanding of the market conditions. So, if you don’t have the patience, don’t enter the market at all, because you will definitely have hard and dark days waiting for you.
By reading a book or two, watching a training course or attending a class, no one has traded that you are second. Unfortunately, the wrong thinking that many people have is that they think that if they read a book or go to a training class, they will be successful in the market tomorrow. Know that a surgeon, after reading a few books and attending university classes, could not directly enter the operating room and remove and reassemble the brain and nervous system of a patient! So studying and attending classes is only a small part of the path. After that, you have to follow the story yourself.
As much capital as you have and look for profit in a reasonable way. Don’t expect to earn tens of times the amount of your capital. Because in this case, you have to take unimaginable risks, and high risk is not called trading, but gambling.
Don’t look for signals from this and that. If you have really accepted trading as a job, pursue the work yourself rather than looking for signals by giving money to this and that. However, experience has shown that no one has succeeded in this way, and finally, one day, he blew his entire account.
If you have a good income and your living expenses are reasonable, there is really nothing new in these markets. Some people think that because there is money here, they should put a fingernail here. Ghaghal, because they enter the market without enough information and knowledge and lose some of their capital, and to compensate for the lost capital, they make wrong trades again until they see that they have sunk into the swamp of the market. Like a friend who sent a message and said that he invested 820 million tomans in Ati Coin and now he doesn’t have 100 million more and he was looking for a solution. What is the solution?
At the beginning of your entry into the trading world, don’t ever think about leaving your first job. Because until the ups and downs of the market come to you, you will suffer various losses, and if your main source of income (first job) is not there, you will suffer a lot of psychological pressures, which will cause wrong decisions during transactions. So be patient for now and start trading while you continue your main work.
Even when you become a professional, you still don’t need to cut off your steady source of income. After all, having two sources of income is better than one.
These were some simple recommendations. If you don’t believe and think these things are useless, that’s fine. Enter the game yourself to understand them deeply with your flesh, skin and bones.
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