How can 90% people lose their money in the stock market?
TRADING
"Wait for those setups, manage risk, manage emotions and you can become rich beyond your wildest dreams by doing so."
A common trait of beginner traders is that they trade a lot.
They want to always be doing something, always engaging with the market.
As you mature, you realize less is more.
Quality beats quantity all day.
I wait for the best.
Those high-quality setups just jump out at me.
You know them when you see them.
There is no thinking.
The type of setups that you see and right away you say “That’s mine”.
And then you execute.
Wait for those setups, manage risk, manage emotions and you can become rich beyond your wildest dreams by doing so.
Takes patience.
Takes discipline.
Which is why many can’t get themselves to do it.
But if you can,
Lots of money awaits you.
Credit: Quora