09/04/2024
Trading's downsides:
1) Loneliness
2) Emotional pain
3) Long time to overcome the learning curve
1) Loneliness
- No support
- Everyone call you crazy
- No one understands you
2) Emotional pain
- Fear blocks your actions
- Greed steals your money
- Failure makes you give up
3) Long time to overcome the learning curve
- Lose money for 2-3 years
- Lose motivation after 2-3 years
- Self-doubt after 4-5 years
If you can endure these, nothing can stop your success.
Invest 3-5 years in:
- Building a powerful system
- Developing valuable trading skills
- Controlling your daily emotions
- Compounding money like nothing else in the world
After 3-5 years these trading downsides will disappear.
Don't give up.