When we hear about making money through trading, we picture 8 monitors, a dozen empty energy drinks, a chair-toilet hybrid
I know someone who has 4 large 4K monitors displaying all sorts of charts while he isn't even trading much. He pretends to need it in order to get an idea of the overall market and trade more effectively.Spending nearly 12k just on the monitors for the sake of taking a few trades a week is a waste of money and overkill, especially when you know that his PC cost him like 5k as well. People apparently pay big money to feel important.
Do you do anything you shouldn't?
Not anymore. My mistake in the past was to try to trade even when there wasn't much to trade at all due to low volatility and a very tight range. Scalping just isn't my thing. I'm only focusing on buy low sell high type of trading. I don't have a time frame in mind within I want to profit. If it takes a day then it takes a day. If I takes weeks then it takes weeks. I have patience.
