Post
Topic
Board Trading Discussion
Re: Best advice to traders
by
Mpamaegbu
on 17/05/2025, 15:53:00 UTC
That’s definitely better because you have solid capital but this requires tight discipline.
Not just does it require tight discipline, it requires having set skills for trading. Discipline without deep knowledge of what works or how it works will end up in frustration because nothing will seem to work to one's favour or expectations.

Quote
Most traders treat what they're doing like gambling. For example, they have $100 but aim to make $1,000. Meanwhile, disciplined traders who take it slow and consistent would rather have $1,000 and aim to gain just $100, they're already happy with that.
You just dealt precisely with what most traders' mindset is about trading. When this set who think that way lose, they conclude that trading isn't different from gambling. Definitely, they're wrong on this. Trading isn't gambling, in any way.