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Re: Why are some people scared of trading?

Postby JASPREET » 10 Dec 2018, 04:35

It's natural to be scared because involvement of risk is too much
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Re: Why are some people scared of trading?

Postby nakitakona » 10 Dec 2018, 04:43

If you can't afford to lose your hard-earned money, it is too difficult to go for business or trading. There are risks in doing it. Thus, some people don't want to face that risk of losing a money.
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Re: Why are some people scared of trading?

Postby jackchun » 10 Dec 2018, 04:45

there are too many scams in online earnings world, so we scared being scammed in trading
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Re: Why are some people scared of trading?

Postby junrose123 » 10 Dec 2018, 06:06

I think it is why some people are afraid of trading because of the feeling that they might lose all their hard earned money in an instant.
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Re: Why are some people scared of trading?

Postby Simple arts » 10 Dec 2018, 06:15

No, I never tried trading. It's not because I'm afraid of it, but it's because I really don't know how to do it. :D
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Re: Why are some people scared of trading?

Postby skysnap » 10 Dec 2018, 09:39

I think being scared is natural because trading forex means wasting money. And investing into stock market means you have to be understanding of companies and the trends and politics.
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Re: Why are some people scared of trading?

Postby SUPERSINGH » 10 Dec 2018, 13:47

Simple arts wrote:No, I never tried trading. It's not because I'm afraid of it, but it's because I really don't know how to do it. :D


I am planning to try and actually tried earlier but it wasn't a good experience but still keeping my hopes alive
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Re: Why are some people scared of trading?

Postby katkat » 10 Dec 2018, 20:52

junrose123 wrote:I think it is why some people are afraid of trading because of the feeling that they might lose all their hard earned money in an instant.

Exactly the same reason why I don't want to risk too. It's a hard earned money and have to be careful in using it. Though if I have so much money then I can take the risk.
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Re: Why are some people scared of trading?

Postby junrose123 » 11 Dec 2018, 02:48

I have tried to do some trading before in some bitcoins and I have gain some few profit in it but now I don't do it since I don't have an extra money to do that.
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Re: Why are some people scared of trading?

Postby diana0208 » 12 Dec 2018, 02:57

I do not risk my money for trading because some of them are scammed
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Re: Why are some people scared of trading?

Postby jackchun » 12 Dec 2018, 06:51

i only trade in local bitcoin to exchange to real currency
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Re: Why are some people scared of trading?

Postby riddy09 » 15 Dec 2018, 14:00

The normal trading like cryptos on a trading platform for dollars or other local currencies will not really be trading but an exchange so there's no scary moment there. Trading in Forex is like you have capital and need to profit from your trades.
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Re: Why are some people scared of trading?

Postby anorona » 15 Dec 2018, 14:43

sometimes people are scared to try something where they do not have the knowledge about it, others know something but then they are afraid to risk.
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Re: Why are some people scared of trading?

Postby riddy09 » 18 Dec 2018, 00:41

anorona wrote:sometimes people are scared to try something where they do not have the knowledge about it, others know something but then they are afraid to risk.


That's rush and hasty decisions which people will never get successful in any kind of business. They need to be prepared and to learn basics of trading which oftentimes, ignored or skipped by novice traders. Yes, because there is risk in trading they will be scared and mindset of don't want to lose money.
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Re: Why are some people scared of trading?

Postby Vehlijanta » 18 Dec 2018, 01:13

If you have the complete knowledge about a thing and have money to invest then you don't need to scare.
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Re: Why are some people scared of trading?

Postby A K Rao » 29 Dec 2018, 13:08

Trading is not easy as it involves many risks, I am enumerating a few of them known to me:
1. Market Risk
2. liquidity Risk
3. Credit Risk
4.Operational Risk
5. Political Risk
6. Business Risk
7. Geographical Risks
8. Country Risks

People who are into the game know about all these risks and only people who sound enough to face all these risks are willing to enter the trading business!
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Re: Why are some people scared of trading?

Postby nakitakona » 29 Dec 2018, 13:26

Business trading is tantamount to risking and losing. People are afraid to put their money in trading for they don't want to risk and lose their hard-earned money. Once you are in, that means you are ready to lose your money but if you are consistent and good investor, your hard-earned money will be doubled and even tripled.
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Re: Why are some people scared of trading?

Postby SUPERSINGH » 29 Dec 2018, 13:52

There was time when I was scared but my so-called friend from a different country scammed me and now I am not gonna try it
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Re: Why are some people scared of trading?

Postby A K Rao » 31 Dec 2018, 05:33

nakitakona wrote:Business trading is tantamount to risking and losing. People are afraid to put their money in trading for they don't want to risk and lose their hard-earned money. Once you are in, that means you are ready to lose your money but if you are consistent and good investor, your hard-earned money will be doubled and even tripled.


These things are valid for any business for that matter! But for trading the factors quoted above in my post are very fluctuating in nature which are beyond the control of human beings that makes the business of the trading bit more risky. Yes, fortune favors the brave! So it is the people who take risks are making good money in this business of trading!
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Re: Why are some people scared of trading?

Postby skysnap » 31 Dec 2018, 08:36

I have no interest in wasting my hard earned money into forex and the options and binary options trading. it is nothing but waste of money.
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