There are two path to chose in online trading, we probably read or hear great stories about how a trader make 1500$ from a 10$ account or perhaps to an amazing 1000$ to 1000000$ in 2 months time or in less than a year, that is why online trading brings curiosity to people that are a total stranger to this business.You can confirm this fact if you go to a very popular copy trade site such as MQL5, some of the traders there are make amazing returns to as high as 3000% in less than a year.
There are two path in trading, first is the high risk gambling type, traders that take this path take advantage of the high leverage that brokers offer to their customers and so they can trade bigger volume if they win they can grow their account quickly but on the negative side it can also drained their trading account easily, these are the kind of traders that I mentioned above, now if you have a lot of capital to burn then you may follow this path, most traders that adapt this kind of trading style will lost their capital within a year of trading or even less.
The other type of trader is the one who study the market very well, follow a properly tested strategy,follow proper risk management and always discipline on their actions, this is the path that all professional traders take, if you want to make trading your source of income then it is a must that you have to take this path.
Most traders that do the high risk gambling type trading activities are traders with small trading capital, in their desire to make significant or huge profits right away they risk more than the usual but unfortunately they will all fail in the long run.
Choose wisely!
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