Gathering chickens in Trading – Are you a chicken?

Gathering chickens in Trading – Are you a chicken?

I usually call noobs as chickens. Let’s listen to know whether it is familiar or not.

– Show off the account, show the trading method => Make money too easy => Inbox for instructions => Send link to open an account, request to deposit…

– Set up a signal group => Ensure a winning rate => Send link to open an account, request to deposit …

– Open training courses => Conditions to join: Send link to open an account, request to deposit …

A little bit more advanced

– Identify himself as an expert => Sell courses, sell method, sell signals, sell trading bots => Collect money

– Set up a fund Trading (sound fascinating, right?) => Minimum conditions to participate is several hundred dollars

The journey that “experts” draw for you

– Trade 30 minutes every day, earn 3-5%

– Signal room with 80% winning rate. Even though you don’t want to win, you also win

– Trading fund gives a 20% profit one month. You don’t need to do anything. Just throw your money in the fund and get a 20% profit every month.

You can’t earn money easily from trading

If you have heard and believed it is true, you are already sleeping “too deep”. Wake up! Die because of lacking knowledge isn’t sweet.

Money always has 2 sides

I don’t criticize such actions as above. But everything has its duality. And the act of “gathering chickens” in this way mostly falls into the bad side.

Good side

You meet and get to know the real experts. “Only go hunting with tigers, you can be a tiger”.

But experienced people earn money regularly by trading. They don’t have “much free time” to go on advertising or boasting. It’s very rare for them to do so (rare, not without)

Bad side

Almost all of these “pro traders” only want to cheat your money. And when you get too deep into trading, they will make money from you. The more money you lose, the more money they earn.

How to distinguish “real expert” and “phony expert”

Equip yourself with knowledge

To learn about technical analysis, charts …. one day is enough. Apply them to practice and test. You need 3 more days. Add 1 week to trade in Demo form. That’s enough for you to grasp everything you need to know.

Anyone can learn those things. But they still “burn their accounts” as usual. The problem lies in psychology, emotion. But this has to be trained for a very long time. Pay attention to the way some “experts” talk and their seniority.

Personally, every time I hear about the trader stick to the screen board to trade, I have an aversion. How can you earn a real profit when your eyes are on the candlestick screen? Although they have some win, I am sure that the final result is still losing money.

All my articles are based on my personal views. No intention to drag or PR anyone. If you need to give some advice, please feel free to leave a comment below or send an email to Olymp Trade Club. I will acknowledge and respond.

Join the Olymp Trade Club Signal Group: https://t.me/olymptradeclub19