Certainly, one can learn to trade at the age of 30, and you can even learn it at 80. However, the market can be quite volatile with significant ups and downs, so it is not recommended for those with heart conditions to learn trading.
The difficulty of learning the professional knowledge required for trading is not that significant. Knowledge such as the basics of the trading market, trading rules, the use of trading software, and trading techniques are all manageable. As long as you are dedicated and study seriously, you can master them.
On the contrary, I believe the most challenging part is whether we have the patience to learn and wait for opportunities. When faced with market fluctuations and risks, whether we are disciplined enough and can adhere to our execution, these are the most difficult aspects of human nature. They are not related to your age but are more about your inherent personality.
I myself started learning to trade around the age of 30, which was the best time for me physically and mentally, and I had some savings. It could be said that it was the most suitable stage to learn trading.
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Of course, my initial journey into learning trading was not smooth. Friends who know me are aware that I have made significant mistakes and lost a lot of money. It was only through self-study and gradual accumulation that I was able to turn losses into profits. Many others have taken this detour as well. If given the chance to go back to 30 and choose again, I would most likely not choose to trade.
As someone who has been through it, I have some words for those in their 30s who want to learn trading. I hope everyone can avoid making the same mistakes I did and not suffer significant losses before realizing what is wrong.
The following words are my heartfelt advice. If you are about to start learning to trade, please read and contemplate carefully.
You can learn to trade, but do not rush into it.
Learning the basic knowledge of trading is not difficult, but transforming that knowledge into your own trading ability requires a high level of comprehensive quality from the trader.
For example, when you learn a skill, the entry level is usually simple; you can start with just a basic understanding. However, to delve deeper and achieve mastery, it requires a much longer period of learning and practice. The same principle applies to trading; there are no shortcuts. Opportunities that seem too good to be true, where you can make a lot of money easily, could sometimes be a trap.So as a self-taught individual, I believe that without 2 to 3 years of study and practice, it is difficult to truly grasp the essence of trading, to see the full picture of trading, and to achieve real stability in profits. I myself was the same, mistakenly treating the trading market as an ATM, only to be slapped in the face by the market. It was only after suffering severe losses that I realized my mistake and began to earnestly study trading techniques and research trading systems. By that time, I had little capital left, and it took many years to get back to where I started. I'm not sure whether to consider this fortunate or unfortunate.
So if I had the chance to start over, I would have seriously studied all aspects of trading right at the beginning, and I would have tested all my trading ideas through backtesting and simulation trading until I could be certain of my ability to make profits before entering the market.
Never regard trading as an opportunity to change your life; it could be a nightmare. At 30, it's a pivotal moment in life, transitioning from the past to the future. Before the age of 20, you're mostly studying, and by around 30, your career is more or less stable, you start getting married, begin to manage a family, and have beautiful aspirations for the future, full of ambition. If you have the wrong idea at this time and take the wrong path, it could severely impact the rest of your life, so you must think carefully.
Before trading, I was doing foreign trade business in Africa and had made a few million, which was considered a modest success a decade or so ago. At that time, I had a girlfriend I had been dating for many years. When I returned from Africa, I bought a house to prepare for marriage, but then I fell into the trading pit.
My thoughts at the time were very naive. I believed that with some capital and being intelligent, I would surely make money in the trading market. Indeed, within a few days, I made hundreds of thousands, which completely shattered my view of money, making me think that making money was so easy and fast.
Later, I began to lose money, from small losses to significant ones, and from significant to enormous losses. The more I lost, the more unwilling I was to accept it, and the more I wanted to find a magical method that could turn my losses into profits and quickly recover my capital.
The eventual outcome was quite tragic: I had to sell my car and house, my girlfriend and I broke up, and I missed out on many of the beautiful moments in life. Now, although I have achieved profitability in trading and my life is not bad, I still struggle with human nature in trading and am surrounded by loneliness in life.
Although the world of trading is filled with many wealth myths and opportunities, and it may be tempting for friends in their 30s, if you enter trading with the mindset of achieving financial freedom, do not start and dispel that notion as soon as possible.It is no exaggeration to say that achieving consistent profits in trading is a hundred times more difficult than you might imagine. Therefore, before starting to trade, it is better to prepare for the worst before the best, not to be overly optimistic, and certainly not to regard it as an opportunity to change your life, otherwise it could become a nightmare in your life.
There is no such thing as a free lunch, and those who suffer the most losses in trading are often those who dream of getting rich overnight.
Finally, I want to say that trading is not impossible. I describe it as terrifying to alert you. If you can immerse yourself in learning, improve your skills, and strictly control your desires during trading, there is actually a probability of success.
Make friends with time, be down-to-earth, take solid steps, and gradually become wealthy, that is the correct path to trading.
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