WELCOME TO REALITY.
8 MUST READ FACTS
> Trading is Gambling.
Without proper market analysis and live market experience, trading is essentially gambling
>Even a 20-year investment can go wrong if a company’s business strategy changes, leadership fails, or other unforeseen reasons arise. Remember, no one can predict the future.
> F&O is pure gambling. Trading an asset in the era of computers is tough, and trading asset derivatives is absolute nonsense. Only thoughtless people would do that.
>Good things take time. A minimum of 2 years of live market trading experience is essential. Without that, you’re just fooling yourself and won’t become a profitable trader. Give yourself the time to learn and grow. There are no shortcuts in trading. If someone is making thousands of dollars a day, it’s because they put in the hard work in the past.
>Trading is a mental game. Simply taking a course won’t make you a successful trader; you must consistently apply the strategies while managing your emotions. A single impulsive trade driven by emotions can lead to significant losses. Sometimes, choosing not to make a trade is just as important as making one.
>Without discipline, you’re setting yourself up for failure. You must consistently follow your strategy, regardless of whether the market goes up or down. Sticking to your plan is crucial to mastering the skill of trading and successfully making money in the market.
>Trading isn’t for everyone, but if you commit to learning this skill and succeed, you can potentially earn more than your current annual income. By dedicating just a few hours each day to trading, you can create a substantial extra income for yourself
>Money earned from trading should be viewed as extra income rather than a fixed income. This is because your earnings can fluctuate weekly, monthly, or annually, depending on your trading skills and market conditions.