90% of traders dont fail because they're stupid. No, 90% of traders fail because they size up so fast relative to their knowledge and dispensable income, that they blow up before they have a chance to make all the mistakes necessary to become a profitable consistent trader.
It's like going to a 4 year college and spending all your tuition money on year 1.
Like Michael Jordan said "i never lost a game, i just ran out of time".
In the same way most traders who fail didnt really "fail". they just ran out of money.
It takes time to master this game
Like Michael Jordan said "i never lost a game, i just ran out of time".
In the same way most traders who fail didnt really "fail". they just ran out of money.
It takes time to master this game
It takes time to develop an edge.
it takes time to master entries.
it takes time to master exits.
it takes time to find the strategy that matches your personality.
It takes time to undo your bad habits.
And most importantly, it takes time to master your cunty emotions.
it takes time to master entries.
it takes time to master exits.
it takes time to find the strategy that matches your personality.
It takes time to undo your bad habits.
And most importantly, it takes time to master your cunty emotions.
That's why i'll never stop shoving risk management down ur throats. the "I blew up" cemetery is filled with far too many traders who would've been phenomenal at this game, but simply got ahead of themselves & blew up far before they reached their full potential.
#BearTipOfTheDay
#BearTipOfTheDay
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