Post
Topic
Board Trading Discussion
Re: Short one's own operation
by
CryptopreneurBrainboss
on 11/07/2021, 11:56:11 UTC
1. Good speculators are always waiting, always patient. Waiting for the market to confirm their judgment
2. Don't completely trust your judgment until the market's performance confirms your opinion

To succeed at trading you have to be very disciplined, many rush into trading without having an idea what they're going into. They see trading as gambling where you just have to try your luck and if it favours you, you succeed. Which is why they usually don't have to wait for the market confirmation. They just take a step of faith and usually they go all in 100%. Sometimes they profits but majority of the time they loss.

Majority in the market claiming to be traders don't posses the skills of trading which is why we have very low successful ones out there. The bull market makes them all look good but they lose it all when the bears comes and the cycle continues in that manner.

Traders this days hardly even have their own opinion to depend on as they prefer relying on others (signal providers) to trade. They don't even have the patience to learn the skills before wanting to earn, what makes you think they'll have the patience to wait on the market for confirmation.