What is a trader's greatest expense?

[Moreagr]

1) greed
2) stubbornness
3) margin
4) high expectations
5) uneducated
6) mislead
in no particular order

 

[Szeven]

deterioration of your mental state due to the emotions of trading

 

[inktrader]

FUN OF GAMBLE

As a dedicated/addicted trader, any trading strategies could be applied, EXCEPT gambling.

You're going to kill your trader's life, once you begin gambling.

In fact, I quit thinking of gamble after taking up trading....

 

[rolexisrolex]

for young people , this could be time and $$ to try again.
for old people, i think.... chances.

 

[executioner]

over trading and not taking the "easy money"...

 

[pqt]

Margin calls

 

[LT701]

Quote from Darvas2:

What is a trader's greatest expense?

Thought this might be an interesting question to pose to the group. I will give my thoughts later.

Darvas2

his gambling problem

 

[hrokling]

Commissions - I don't agree that losses / mistakes can be categorized as expenses. The loss is either an outcome of errors, or to be expected as part of your strategy.

 

[Steve Tvardek]

For me its time. You can always recoup losses and overcome commissions once you become profitable but you can never have time back.

 

[jack hershey]

See Attached.