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Re: Why are some people scared of trading?

Postby Abigael » 31 Dec 2018, 09:09

I have not tried trading because I don't know how it works. If someone could guide me on how to do it then I would do it, I am a risk taker.
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Re: Why are some people scared of trading?

Postby ptrikha21 » 31 Dec 2018, 09:26

MaryVerma wrote: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?

I have been into stocks trading and Mutual Funds. Yet not in a very big way. I do it whenever I have funds. I have had benefits- especially from Mutual Funds, though for me it is additional income only.
I Tried Options trading as well. However, I got a loss in that and have not tried that again.
So positional trading-long to medium term and Mutual Funds only for me.

--- 31 Dec 2018, 14:56 ---

A K Rao wrote:
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!


But you might have invested in Mutual Funds?
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Re: Why are some people scared of trading?

Postby JASPREET » 31 Dec 2018, 09:35

Mutual funds is a good option and is less risky and risks are divided over different companies so it is a better option
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Re: Why are some people scared of trading?

Postby nakitakona » 31 Dec 2018, 17:07

Mutual funds, @ptrikha21 remind me of our own school investment for the school teachers. We invest a considerable amount to such funds and make them or negotiate it for the teachers for their basic and financial needs and at the end of the school, we have gained much for the return of investment in the form of allowable interest charged to the borrowers.
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Re: Why are some people scared of trading?

Postby Vehlijanta » 01 Jan 2019, 03:32

Give me $100 and I will start trading without any waiting
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Re: Why are some people scared of trading?

Postby ptrikha21 » 04 Jan 2019, 18:38

nakitakona wrote:Mutual funds, @ptrikha21 remind me of our own school investment for the school teachers. We invest a considerable amount to such funds and make them or negotiate it for the teachers for their basic and financial needs and at the end of the school, we have gained much for the return of investment in the form of allowable interest charged to the borrowers.

Yes and small amounts add up to a considerable amount over a period of time.
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Re: Why are some people scared of trading?

Postby anilmr » 04 Jan 2019, 19:06

You need to have a strong understanding of the market dynamics to be successful in trading. It is not so simple as it seems to make money in trading. There are people who have suffered heavy losses, because they took wrong decisions. Only after making profit can one really be confident.
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Re: Why are some people scared of trading?

Postby skysnap » 05 Jan 2019, 08:55

I think it's reasonable to see that people have lost a lot of money and time in trading. And for that reason trading needs to be moderated for sure. And scammers need to be removed.
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Re: Why are some people scared of trading?

Postby anorona » 05 Jan 2019, 10:36

Not having enough knowledge is one of the reason why people are afraid of trading, imagine it is just like going into a battle without carrying any weapon.
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Re: Why are some people scared of trading?

Postby JASPREET » 05 Jan 2019, 12:12

Trading is always risky and nobody likes to part with money and that's why they are scared of trading.
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Re: Why are some people scared of trading?

Postby sofs » 05 Jan 2019, 13:35

I hate to take risks in areas I have little or no knowledge. I have very little understanding of trading in financial markets and keep away from those. I am very uncomfortable with the volatile nature of the markets. Besides, I have also seen people incurring huge loses when the markets suddenly collapse. I do not have the cash to gamble, nor the interest to learn more in this area, hence the decision to stay away.
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Re: Why are some people scared of trading?

Postby SUPERSINGH » 05 Jan 2019, 13:38

I already faced the heat doing it and till now I am unable to recover my bad debts but I am still looking for ways to invest but this time I will be more careful.
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Re: Why are some people scared of trading?

Postby kanchan18 » 02 Feb 2019, 19:17

Trading need a lot of understanding about the market and to get that you need to learn the basics of trading. DOn't take it as a part time job, trading need full time attention.
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Re: Why are some people scared of trading?

Postby Ash » 02 Feb 2019, 20:48

Well, it's difficult. It's not like a lot of other money making methods because there is a sense of risk. You have to put some money in and for some, that can be quite risky.
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Re: Why are some people scared of trading?

Postby jackchun » 03 Feb 2019, 01:46

I only cashout my bitcoin and do trading, I won't trade for earnings the difference in price
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Re: Why are some people scared of trading?

Postby MABEL » 03 Feb 2019, 02:44

MaryVerma wrote: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?


In this world of possibilities I think we should try. I've heard this trading online but haven't tried yet. Maybe I should start learning.
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Re: Why are some people scared of trading?

Postby tusziget » 03 Feb 2019, 03:49

I think trading is risky.Many people are trading and are lucky to make some profit out of it.I am interested in other earning methods rather.
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Re: Why are some people scared of trading?

Postby Whiterose » 03 Feb 2019, 04:46

Trading is really risky and only few people are able to make it since not all people are risk taker.
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Re: Why are some people scared of trading?

Postby Kei » 03 Feb 2019, 06:07

People are scared because without adequate knowledge and skills about it, you can lose everything you put on at the glimpse of an eye.
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Re: Why are some people scared of trading?

Postby junrose123 » 03 Feb 2019, 06:27

Kei wrote:People are scared because without adequate knowledge and skills about it, you can lose everything you put on at the glimpse of an eye.

Yes it is really true that is why we need to have some vast knowledge into certain things so that we can avoid to lose everything in an instant.
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