Essential Questions to Ask Before You Start Trading Online
The post Essential Questions to Ask Before You Start Trading Online appeared on BitcoinEthereumNews.com.
Trading might seem like a path to quick freedom. The reality is that it’s one of the most difficult ways to make “easy” money. Most people jump into the market without realizing they are competing against multi-billion-dollar algorithms and professional firms. They have zero interest in losing. Before depositing a single dollar, a person needs to perform a brutal self-audit. Asking the right questions isn’t about finding a better indicator. It’s about ensuring the trader’s life and psychology can withstand the volatility of global markets. The Problem with “Scared Money” One of the first things a person has to determine is their real capacity for loss. There is a massive psychological gap between what a person thinks he can handle and how he actually feels when a trade goes deep into the red. Before starting, a trader has to ask if their life would change if their entire account went to zero tomorrow. If the answer is yes, then that money has no business being in a forex broker account. Most professionals risk only one percent of their balance on any single trade for a reason. A beginner who can’t stomach a string of losses is trading with “scared money”. That scared money almost always disappears. That’s because the trader will panic and close good positions too early or hold bad ones too long. Technical Infrastructure and Competition Online trading isn’t just about reading charts; it’s about the speed of execution. A person trying to day trade on a home Wi-Fi or a mobile phone is already at a massive disadvantage. When a major news event hits the market, even a two-second delay can result in “slippage”. Here, the user fills the trade at a much worse price than the one that appeared on the screen. A serious trader has…
Filed under: News - @ February 23, 2026 9:21 am