🤔 NEWCOMERS think that investing and trading in finance is very cool.
OLD PEOPLE then realize that it is actually a challenging journey of balancing emotions and heart-wrenching trials.
🎯 NEWCOMERS think in their heads that they will get rich quickly and retire by the age of 30.
OLD PEOPLE realize that just surviving in the market is already relatively difficult.
👉 NEWCOMERS win a few trades and for a few days think they are investment geniuses, price action warriors.
OLD PEOPLE recognize that having money left in the account is already a good sign.
Entering the game with excitement and enthusiasm is one thing, but to stay in the game requires calmness and discipline.
Sometimes, the initial positive illusions cause individuals to lose their defensive instincts. Strategies, methods, or skills are things that can be trained over time, but to have that experience, "investors" need to have a proper perspective on the market - a place where more people "fall down" than "stand firm".
Let's put aside unrealistic illusions that are not suitable for one’s position, and start with the mindset of an OLD PERSON to hope for the results of a NEWCOMER.