It has always been difficult to be a profitable trader in commodity and stock markets. Thousands of people come here to invest their money, attracted by the huge amount of wealth that moves through these markets. But only a few are able to actually create wealth for themselves through these markets. Most people simply come here with big dreams and go with ruined faces after losing all their money in a few months.
However, it doesn’t mean that it is impossible to earn money out of markets, and those who earn do by the means of luck. It is certainly possible with the correct approach. What people generally do is to buy expensive systems, or follow strategies made by others, or take their trades based on advice from investment advisors, without having any deep knowledge of their own. This is why they fail to make money from the market and instead lose a lot of their hard-earned money.
What it actually needs is a good amount of study, experience, and a correct approach to understanding what’s actually happening in these markets and how they work. And if you have a good understanding, you don’t in fact need expensive setups like having four PC screens in front of you. You can in fact work with just your mobile. So if you want to be a profitable trader in stock, commodity, or forex markets, then you should focus on developing your understanding of the market. Learn from reliable sources and get a lot and a lot of experience.