Mobile trading: a common idea that is not without foundation.

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tanjimajuha20
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Joined: Thu Jan 02, 2025 7:18 am

Mobile trading: a common idea that is not without foundation.

Post by tanjimajuha20 »

A few courses and two or three books are enough to develop a winning system.
Yet another one of those misconceptions that try to minimize the importance of education and effort . No. In the world of trading, there is no magic formula. The market is fluid, trends do not repeat themselves systematically, and reading a few books is not enough.

Most traders have a college education or have completed graduate studies at a business school , they have experience in the markets, and they don’t just read books. They also read newspapers every day. Still think that a simple online course would be enough?



A clock, even a architect database broken one, ends up telling the correct time twice a day. The same goes for preconceived ideas about trading, and of course an exception was needed to prove the rule. It is said that trading is an activity that can be done almost anywhere . This is true... with a few nuances.

Technology has evolved a lot and it is now possible to check the state of the markets and invest from any device connected to the Internet. However, the job of a trader is particularly stressful. It requires a maximum level of concentration . It is therefore not really advisable to go and carry out your operations in a cafeteria. It is more appropriate to do it in a calm and pleasant environment .



The myths associating trading and the dolce vita
If you become a trader, you will spend your life traveling and chatting with famous people over drinks in prestigious places. This sounds like a dream... but it does not necessarily correspond to reality. The trader has very specific working hours. He must adhere to a certain discipline and must not spare any effort to succeed. This idyllic vision of the profession seems to come straight from Hollywood.



Trading is making money work for you
This legendary phrase, uttered by one of the most famous trading gurus, does not really correspond to reality. Modifying it slightly, we could say that trading is working to increase one's capital.



Trading: an alternative to unemployment?
This is a preconceived idea with serious consequences. Being unemployed means finding yourself in a critical situation , sometimes even desperate. Some unemployed people, without any training in trading, sometimes imagine that they can easily earn money by investing in the stock market. When you are unemployed, you generally do not have significant liquid assets. Risking money by investing without sufficient knowledge is completely irresponsible .

No one would dream of attempting to operate on a patient without being a surgeon. The same applies to trading. It is a serious profession that cannot be practiced without having received specific training . Beware of preconceived ideas!
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