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The biggest problem with trading is unrealistic expectations. If people believed they could become a medical doctor by taking a weekend boot camp, you would se
by halfcat 6y ago
The biggest problem with trading is unrealistic expectations.
If people believed they could become a medical doctor by taking a weekend boot camp, you would see extremely high failure rates.
But that high failure rate would not suggest that it’s impossible to become a doctor.
Same with trading, if a person thinks they will make a few trades as their side hobby, it’s going to go about as well as the hobbyist surgeon. But if you’re obsessed with trading for a decade you can become quite competent.
- Bubbadoo 6y agoStudies have shown it takes about 3 years of constant trading to develop a sense or intuition about markets.