Traders vs delusional gambler in stock trading
A Trader is a person who buys or sells an instrument/stock. He follows a strategy and rules with the discipline to make money. A delusional gambler is a person who gambles about himself. He will have delusions like I cannot trade well, I am not lucky enough to make money from share market, etc. When a person fixes some information like this inside their head, automatically they gamble & won't make money.
Everybody has delusions about themselves in their mind. I have heard people saying, " I dot have time for this now, and when I have time, I will do it". Fact is thoughts like this will never allow them to make time. Gann said, " When the price meets time, big movement happen". Price action moves towards time for the movement to happen. If it is not moving towards time there won't be any movement.
Most people think, if their strategy works 100% then only they can make money. Reality is you can make awesome money if it works 60%. So dear traders come out of your excuses like I don't have time to learn to trade. Allocate a few minutes daily and learn with a focused mind. During that time don't distract yourself in other activities like checking emails, sending msg, etc. Anybody can trade, the only thing they require is determination. Good luck!!
2 Comments
Nice Article. Thank you for sharing the informative article with us.
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