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Why are some people scared of trading?

Postby MaryVerma » 14 Sep 2018, 15:13

Hello! I have talked to many people who try to make extra money or make a living online. Most of them do not try trading. Of course, it is risky, but they even have not tried to learn it. I have recently tried with a small amount of money and got three times more. It is not about luck, it is about education, logic, and experience.
Have you tried trading? What was your experience? Or are you a person who believes that trading is not for you? If yes, could you explain why?
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Re: Why are some people scared of trading?

Postby msmoneybags » 14 Sep 2018, 16:00

I have not tried it, as I dont even have a clue what its even about.
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Re: Why are some people scared of trading?

Postby cinderella » 14 Sep 2018, 16:02

I am not afraid of trading. I am afraid of losing. If you are not knowledgeable about a certain thing, it would be very risky. Every individual has their own skills and probably, trading is not for everyone.
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Re: Why are some people scared of trading?

Postby A K Rao » 15 Sep 2018, 07:21

What trading you are talking about dear friend? Real life trading or on line trading! Trading in real life requires skills, know how and investment! That is not possible for every one!
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Re: Why are some people scared of trading?

Postby anorona » 15 Sep 2018, 08:14

Maybe because they do not have enough knowledge and is afraid to risk their money and lose it all. I have tried trading on crypto but my knowledge there is very basic.
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Re: Why are some people scared of trading?

Postby mrki444 » 15 Sep 2018, 08:18

Don't want risk Money or they don't want be scamed. Different is losing Money because of bad choices and different because of somebody scam you.
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Re: Why are some people scared of trading?

Postby chicnthin » 15 Sep 2018, 08:56

I dont have enough knowledge to do it. And dont have the courage to take the risk of losing money.
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Re: Why are some people scared of trading?

Postby skysnap » 15 Sep 2018, 09:05

They are afraid because often those places are rigged and people hardly make money off trading. If it were to be easy none of the people were to be posting in this forum for PTP earning.
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Re: Why are some people scared of trading?

Postby ceci » 15 Sep 2018, 09:08

Forex trading? It's a bit risky, so risk management is important, if not, you might lose all of your money.
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Re: Why are some people scared of trading?

Postby MaryVerma » 15 Sep 2018, 10:19

Thanks to everyone!

cinderella wrote:I am not afraid of trading. I am afraid of losing. If you are not knowledgeable about a certain thing, it would be very risky. Every individual has their own skills and probably, trading is not for everyone.

Agree, but on FC, most of the people are interested in making money online. At the same time, not many of them want to learn. This is strange :) Learning to trade is not that difficult as it seems to be.

A K Rao wrote:What trading you are talking about dear friend? Real life trading or on line trading! Trading in real life requires skills, know how and investment! That is not possible for every one!

Check my post once again, I am talking about money online. Trading online also requires skills and education, but I think most of the people are too lazy to study nowadays. Also, they do not want to invest in their own knowledge.

anorona wrote:Maybe because they do not have enough knowledge and is afraid to risk their money and lose it all. I have tried trading on crypto but my knowledge there is very basic.

Good luck in it :)

mrki444 wrote:Don't want risk Money or they don't want be scamed. Different is losing Money because of bad choices and different because of somebody scam you.

Well, yes, some people may think so. Scammed? How? There are popular legit brokers that are known worldwide :) I think that it is just a lame excuse

chicnthin wrote:I dont have enough knowledge to do it. And dont have the courage to take the risk of losing money.

Thanks for your honest comment. Well, maybe one day, you also will

skysnap wrote:They are afraid because often those places are rigged and people hardly make money off trading. If it were to be easy none of the people were to be posting in this forum for PTP earning.

Why hardly? I have made quite much. It is not as difficult as most of the people think. I am in this forum to have a good time :)

ceci wrote:Forex trading? It's a bit risky, so risk management is important, if not, you might lose all of your money.

Why all money? You may put small amounts. It is risky to breathe also, we may become ill. But everyone breathes :D
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Re: Why are some people scared of trading?

Postby JASPREET » 15 Sep 2018, 11:14

I am not scared but I don't have the required amount set aside which I can use for trading
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Re: Why are some people scared of trading?

Postby sashenka » 15 Sep 2018, 11:21

I haven't tried trading because I'd have no clue of what I'd have to do. I don't even know what I'd have to read to learn the ropes.
@MaryVerma if you don't mind me asking, what is a small amount for you? Also, from your own experience, what would you recommend reading so that I can educate myself?
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Re: Why are some people scared of trading?

Postby talkerbee » 15 Sep 2018, 12:40

I personally afraid of trading because I don't have knowledge on how to do, I can't afford the risk, and I don't have good internet connection.
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Re: Why are some people scared of trading?

Postby cinderella » 15 Sep 2018, 13:11

MaryVerma wrote:cinderella wrote:
I am not afraid of trading. I am afraid of losing. If you are not knowledgeable about a certain thing, it would be very risky. Every individual has their own skills and probably, trading is not for everyone.

Agree, but on FC, most of the people are interested in making money online. At the same time, not many of them want to learn. This is strange Learning to trade is not that difficult as it seems to be.


I tried Forex trading and I learn a few things about it. But it seems that this is not my interest. I decided to concentrate on writing which I am doing until now. Perhaps, because I was given an option to try other activities, that is why I did not pursue trading. It just did not match my personality. I am very conservative in terms of investment.
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Re: Why are some people scared of trading?

Postby SUPERSINGH » 15 Sep 2018, 14:22

I am still not aware of how trading goes but one of my friend helped me but now she is not feeling confident about it.
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Re: Why are some people scared of trading?

Postby grecy0905 » 15 Sep 2018, 14:44

I am not afraid but rather I am not going to take a risk on the things that I don't understand. I rather stick to what I know as of the moment. Some things are not really worth trying for me because I can be stubborn at times. I go to what I really understand because the passion will come out of me.
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Re: Why are some people scared of trading?

Postby augusta » 15 Sep 2018, 15:31

Trading is the way to go with making fast cash.I have been trading offline since childhood and making good profit and as you said it risky but a calculated one and can be controlled.
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Re: Why are some people scared of trading?

Postby Happyland » 15 Sep 2018, 16:26

FEAR
It depends on what is meant by trading. There is an almost unlimited market to trade almost anything. People are full of fear. They do not want to lose anything. Markets are not always logical; therefore markets can be very irrational--irrational to the upside and irrational to the downside. Fear comes in more than one flavor--fear of things going wrong and fear of things going right (fear of success).

LEARNING
We learn by reading and studying. Why not take the time to understand something? It will lead to a more knowledgeable you. Understanding how a market works and market psychology can help.

A big part of learning comes from actually doing. Every step of the way in real life we learned by doing. For example first day of school, a new job/career, learned how to drive, how to row a boat, how to fish, how to ride a bike, how to swim, etc. We learned those things by giving them a try. Trading is no different. After you learn you can teach someone else.

RISK VS. GAMBLE
Don't gamble and do not trade on hope because you are throwing your money away. Rather, you should get some facts and learn what you are trading in. There are many tools available as well. These tools can help predict future movements in price. Now you are making a calculated risk which puts you in a better position.
Never trade in what you do not understand.
Never trade with more than you are willing to lose.

MISTAKES CAN HELP
We learn by doing. We learn even more by making mistakes. Have you ever made a mistake? Mistakes have the potential to make us smarter and wiser if we allow it--especially when we learn not to repeat mistakes. :thumbup:
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Re: Why are some people scared of trading?

Postby nela13 » 15 Sep 2018, 17:23

I have never tried trading sites because I think I don't have enough knowledge to do so and probably I will lose my money. why don't you write an article about your experience and share it with us here?
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Re: Why are some people scared of trading?

Postby darkthorn » 15 Sep 2018, 23:07

People are afraid of trading because there are factors they can not control in the markets. Even if you have studied trading and a specific market you can still loose huge amounts of money, for that to happen it is enough for someone to invest a huge amount which will influence the market in the way that person wants, this is something you can not control, even experts can loose everything they have due to unexpected factors. So most people are not millionaires and they want to invest the few money they own in safer ways.
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