the majority of traders in this market suffer from a disease known as short-sightedness. This inability to perceive that: behind every short term price move, is a long-term price move. These short sighted traders fail to comprehend that every month, there are traders who are cashing out extraordinarily high percentage profits, from positions they opened 30 days before.
These short sighted traders are failing because they keep trying to apply their erroneous short-term mindset, to a market that is geared only to provide long-term gains. Just like trying to fit a square peg into a round hole, the physics of the market wont allow you to succeed.
These short sighted traders are failing because they keep trying to apply their erroneous short-term mindset, to a market that is geared only to provide long-term gains. Just like trying to fit a square peg into a round hole, the physics of the market wont allow you to succeed.
Very glad that you referred to short term trading as a disease lol, I agree. If not that, then it's probably some sort of mental impairment
People will wait 30 days to receive some their paycheck but shudder at the thought of waiting that same amount of time to clear multiple 1000% profits
interesting point you bring up there