Financial awareness in the trading world does not only mean knowing when to buy and when to sell, but it extends to the depths of human nature, where the trader stands at a crossroads between stinginess and generosity, two opposing extremes that can drown anyone in losses if they do not find the right balance between them.
Stinginess in Trading
It is when fear controls the trader's decisions, leading them to refuse to take risks, clinging to a losing trade in hopes of recovery, or missing golden opportunities out of fear of risk. The stingy does not invest in their education, nor do they dedicate time to understanding the market. They love to hoard without planning and see every movement as a threat to their balance, turning into a solid stone in a tumultuous sea.
Generosity in Trading
It is the other face, when the trader becomes overly confident, risking everything they have, chasing every opportunity as if it were the last, excessively opening trades without calculation, and perhaps believing the promises of strangers on social media. The unconscious generous trader can burn their account with their own hands, becoming like someone who scattered gold in the air hoping it will return to them multiplied.
Financial Awareness
It is the compass that keeps the trader on the thin bridge between stinginess and generosity. Awareness does not mean hesitation, but rather deliberation. It does not mean greed, but rather calculated ambition. The aware trader knows when to take risks and when to retreat, when to invest in their education and when to close their portfolio to survive.
✍️ In trading, it is neither the stingy who survives, nor the overly generous who profits. The one who survives is the one who learns how to balance, how to think with their mind and feel with their heart, and knows that money is a tool, not an end.