Why is it so hard to make money on trading?
TRADINGFEATURED
"As a beginner, it is easy to get lost in all the noise of strategies, and unnecessary advanced concepts. Keep it simple and stick to it"
Trading is easy if you follow these 3 steps :
Start with the basics - Begin by understanding the foundational concepts of trading, Learn about technical analysis, how the market operates, and the basics of buying and selling. Familiarize yourself with key terms.
Focus on mastering one strategy - As a beginner, it is easy to get lost in all the noise of strategies, and unnecessary advanced concepts. Keep it simple and stick to it.
Practice with a small amount of capital - I have never been a fan of practicing with demo accounts but some people don't have capital so they have to go with that. They are not the same as real capital and will not set you up for the real live markets. Instead, I suggest starting with a bit of real money - money you are happy losing and getting a feel of trading this way.
Credit: Quora