🔥 "There's no such thing as getting rich overnight" A long-time trader's sharing:
First: There is no such thing as getting rich overnight in this financial market; everything has to go through a process.
Second: There is no way to read 1-2 good books or watch 1-2 videos and become an expert; an expert must have over 10,000 hours of continuous activity in that field. So, you should stop thinking that reading 1-2 books and watching 1-2 videos will make you a great trader!
Third: Don't think that because of 1-2 profitable trades, you understand the entire market and are the best here. It takes time to know if a horse is good; 1-2 trades are nothing.
Fourth: If you make a profit, take it early; typically, there are some who trade large lots but only earn 1-2 pips—what's the point? Not to mention losses, which you tough it out and deposit more, then burn out without realizing it. If you win 1 but lose 10-20, you might as well sell your house because you won't profit.
Fifth: You should also stop thinking that having a large capital makes it easy to profit. This market requires knowledge; if you can't make a profit with $100, you won't with $100,000 or $1,000,000; it’s the same percentage.
Sixth: It is a profession; you graduate from university earning 10-20 million, while in finance, you can earn hundreds of billions without having to learn anything? Just step in, and you have money?
Seventh: Stop relying on bots, unless you can code that robot yourself. Most robots are made by the brokers, and profits are consistent; do you think the broker is just giving you money?
Eighth: Indicators should only be used when you thoroughly understand that indicator.
Ninth: In finance, scams by brokers happen frequently, so you need to be alert and choose trustworthy individuals. Nowadays, there are few Thach Sanh and many Ly Thong.