{"id":403601,"date":"2021-05-13T12:28:29","date_gmt":"2021-05-13T10:28:29","guid":{"rendered":"https:\/\/ftmo.com\/?p=403601"},"modified":"2021-08-16T11:23:50","modified_gmt":"2021-08-16T09:23:50","slug":"dont-risk-what-you-cant-afford-to-lose","status":"publish","type":"post","link":"https:\/\/ftmo.com\/en\/dont-risk-what-you-cant-afford-to-lose\/","title":{"rendered":"Don\u2019t risk what you can\u2019t afford to lose"},"content":{"rendered":"

In this article, we explain the reasons why trading may become addictive and why traders might fall into situations that could potentially lead to a negative experience about trading. In addition, we focus on cases in which traders, in combination with different aspects of trading, can worsen their financial situation and how to avoid such financial setbacks.\u00a0<\/em><\/p>\n

Trading is a risky business<\/h2>\n

These days, a lot of people\u00a0search for new ways of generating income. Many start to discover and learn about trading.\u00a0While trading might seem to be an easy task at a first glance, however, it is evident that novice traders tend to rely only on the basic formula of buying low, selling high, or vice versa.<\/p>\n

Moreover, the urge to make some quick money is often amplified when someone\u2019s financial situation is on the verge of instability.<\/p>\n

This often happens when people lose jobs that used to provide stable and secured income for their day-to-day expenses.<\/p>\n

Before we jump to many different theories, definitions and findings of this article, let us relax our minds and ask ourselves some critical questions that we can carry along on our trading journey or at least while reading this article.<\/p>\n

Ask yourself these questions and answer them in the most honest way possible.<\/p>\n