This is one reason why you burn your accounts and lose miserably in this market, which is very common
- burning/loss due to not managing emotions
Winning 20-30 signals, just 1-2 signals without discipline will lead to burning and losing miserably.
- being subjective that the market always goes up while trading recklessly to make quick profits and then running away. ((When the market slightly decreases, the pressure forces cuts because of the fear that it will drop further, causing more losses or burning)) panic psychology
— teaches a lot about psychology/emotions/capital management// also teaches how to play
——> but does not teach how to manage GREED (( this is tough )))