Without a doubt. They think it is easy money.
Trading is the simplest thing in the world. It is also the hardest to be successful at.
It requires mastery over oneself and emotions...something most fail at especially when money is involved.
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YES! Controlling emotions and risk management are the 2 keys to this game. Took me several years and a lot of money lost to figure it out. But that is called market tuition, and we all have to pay it!
Once I got out of my own way, I started making consistent money to the point that this is now my full time income!
Ego is the problem. People think the world centers around them. The market doesnt care about you or anyone else. Amazing how people take it personal and think they can outsmart the market.
Have your trading plan and stick to it. Discipline, something many lack, is key.
Yep, agree 100%
The market doesn't realize you exist as a retail trader, it's a natural flowing neutral beast. Just like riding a river. You can go with the flow or you can die, it's your choice on which way you paddle the boat, lol.