What do you think matters most in trading?

[ETJ]

Setting expectations.

 

[murray t turtle]

Psychology and mindset, and Risk Management.

The markets are not always clean and orderly. It can be very chaotic and you can't let that get to you.

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Excellant one sentence;
that/ plus profit
You may well have meant that but\ i'm not a mind readerLOL

 

[ironchef]

Have fun.

Like everything else we do in life, if you like it you are more likely to be good at it.

 

[deaddog]

Knowing what not to do and not doing it.

 

[hilmy83]

We're curious, what is the one thing that matters most in trading, according to you?

View attachment 320192

Let us know what you think, and if your ideas click with other traders and add value, ninZa.co Indicators would like to give you a little gift as a token of appreciation!

Not be in your 40s or 50s and still figuring this shit out.

If you can't do it in your 20s or 30s, just give up.

Take some coursera/udemy certifications and make something out of the rest of your short life.

The end.

 

[Peter8519]

Money managment/ risk control. If you don't do it it doesen't matter how good your readings of the markets are, some day will be your last day trading.

According to Jack Schwager, try go to a casino with money management and risk control, and one would not come out on top. It the edge that counts.

 

[notagain]

The situations that cause buying pressure to continue, causing lamentations of the short sellers.

 

[SimpleMeLike]

Not be in your 40s or 50s and still figuring this shit out.

If you can't do it in your 20s or 30s, just give up.

Take some coursera/udemy certifications and make something out of the rest of your short life.

The end.

Hello hilmy83,

Do you know anyone in their 20s and 30s that has figured this shit out?

Thank you

 

[Snuskpelle]

Not be in your 40s or 50s and still figuring this shit out.

If you can't do it in your 20s or 30s, just give up.

Take some coursera/udemy certifications and make something out of the rest of your short life.

The end.

A corollary, if you have the choice, don't wait until age 30 to begin learning, e.g. because you think you don't have enough wealth yet. Your best chances to "get it" is as a teenager. And even if you decide to be an investor, you get an extra 10-20 years in the market which can be the difference between a Buffet and a (financial) nobody.

Of course, the reality of it is, most do not have that kind of conviction of what they want to do in the future at that age. Certainly was my case.

 

[murray t turtle]

A corollary, if you have the choice, don't wait until age 30 to begin learning, e.g. because you think you don't have enough wealth yet. Your best chances to "get it" is as a teenager. And even if you decide to be an investor, you get an extra 10-20 years in the market which can be the difference between a Buffet and a (financial) nobody.

Of course, the reality of it is, most do not have that kind of conviction of what they want to do in the future at that age. Certainly was my case.

%%
THAT;
+ even fewer teens+ even fewer male teens have much of any sense of risk control\LOL.
THAT'$ why they have to pay such high insurance rates