When you enter the field of trading, you need to know these five cruel facts👇
💔 You have a lot to lose before you gain. Trading is like taking a risk. You may lose money at the beginning, but your continued efforts will pay off. Holding on to losses is the path to success.
📉 The more transactions you make, the less you earn. Trading more is not necessarily good, only high-quality setups can bring profits. Don't keep trading just to recover your losses.
😓 Trading is 90% psychological. Even with a high winning rate strategy, emotions can lead to losses. Controlling your emotions is the key to becoming a successful trader.
📊 There is no “right” way to trade. There are many methods and strategies, but there is no perfect strategy. Find your strengths and stick to them, don’t let others sway you.
🤯 Trading isn’t always “fun”. Although there is a lot of money to be made, the entire process requires discipline and systems. It can be stressful at times, but it's also one of the most rewarding careers.
This is the harsh reality of the trading world. Good luck! 🍀
