What is speculative trading? Should it be avoided?

[Good-Person]

There are many traders out there who trade in the financial markets and they "speculate prices". This is tantamount to guessing prices of commodities rather than relying on factors that may influence the price of the stock. So, why should it be avoided?

 

[Ja Sa Bong]

If you're guessing price movement to trade forex or cryptocurrency, the joker of the year's award should be given to you. It's a crazy thing to do because trading is never based on speculation or guess work.

 

[deucher]

This should be avoided only because it is a big risk, but in my opinion, if a person is ready to invest and knows about this risk, then it is also a good opportunity to earn, because when the risk is high, the profit is high. And you don't just need to invest like me more than 5 percent of the total capital.