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Everyone wants to be a trader, but very few people are willing to put in the learning time upfront, push thru the emotional pain, and make the difficult changes in their personality/lifestyle to make it work. Did you really think making all this fast money was going to be easy?
{Add your own perspectives, lessons and thoughts}
Chaos at one level of magnification is harmony at a higher level of magnification.
Can you help answer these questions from other members on NexusFi?
Every single trader starts from the same foundation.
Little knowledge, ego, & the desire to make money.
The successful ones understand that to be profitable long term you have to increase your knowledge, decrease your ego, & increase your desire to learn about the markets.
Chaos at one level of magnification is harmony at a higher level of magnification.
Trading is a business very much like any other business. Find a process that is consistent, repeatable & scaleable. Within that process, learn that not trading is a position. Learn to trade small & learn to increase risk. Give the market your time, not your money.
Chaos at one level of magnification is harmony at a higher level of magnification.
Money is made by cutting losses short and letting profits run. It’s made not by being right most of the time, but by always thinking in terms of the reward-to-risk ratio throughout the trade.
Thinking like this requires screen time, experience, and study and the calculation is different for each trader.
Chaos at one level of magnification is harmony at a higher level of magnification.
