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RE: How to improve profitability and success

in LeoFinance4 years ago

With the abundance of free time the pandemic has given me, I decided to check out trading. I started with fiat currency trading but ultimately ended up into currency trading. Once I started to understand the interface and all the buttons of a trading platform my first reaction was "Cool. Its basically legalized gambling."

I don't say that in a derogatory sense. Basically you got your slot players that get wrapped up in all the pretty colors. Hitting buttons hoping that money comes out. Then you have the casual blackjack and poker players. They understand that the choices that are made have an impact on how much money you win or lose. These people typically get wrapped up "buy this strategy and win every time books" or spend all day watching World Poker Stars all day thinking they know how to beat the system.

Then there is the rare breed that spend their lives constantly learning and improving themselves. Constantly auditing themselves and their bankroll. Learning how to check their emotions in check. I've known several people that make their living sitting in the back of a poker room waiting for people with a lot of money and no clue what they are doing to enter the game. The pros can see the hotshots with their winning systems they saw on TV coming a mile away.

Trading is the same thing minus the free drinks and the cloud of cheap cigar smoke.

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