$BTC
Myths or misconceptions about trading
Today, I will choose for you 2 common myths
about trading, and reveal what the truth is behind these myths and which one is real and which is fictional. Dear reader, I will present to you useful analyses
Myth 1:
(Capital)
Trading requires a large capital at the beginning
In reality,
The answer is no! Trading is not exclusive to the wealthy; it is suitable for all income levels.
Yes, the larger the investment, the greater the additional income. But we advise against learning to trade with large amounts.
You can always practice strategies on a demo account with virtual balance instead of your real balance. Gain useful experience and use it in trading.
Myth 2:
In trading,
There is a greater risk than investing
In reality,
Once again, the problem lies in the apparent similarity between trading and investing! Trading focuses on quick transactions and allows for maximizing returns in a short period. On the other hand, investing is a long-term investment with long-term returns.
Follow a serious methodology in choosing your strategy, analyze your results, and you will not have to wait long for success in trading.
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