The Realities of Trading and How I Learned from Losses

TLDRTrading is difficult and requires years of dedication. I learned from my losses and openly share my trading journey to educate others.

Key insights

💼The trading space has become cluttered with brokers and influencers focused on appearances rather than expertise.

📚I taught myself trading through extensive research, books, and online resources, as there were limited opportunities for mentorship.

💸Trading is not a get-rich-quick scheme. It requires time and effort to master the craft and experience both wins and losses.

📈I showcase my trading results openly, providing transparency and authenticity to my followers.

🎯I advise aspiring traders to give themselves at least two to three years to truly understand and succeed in the trading industry.

Q&A

Was trading your first career choice?

Trading became my career choice at the age of 18, inspired by successful investors like Ray Dalio.

Did you have any mentors when starting your trading journey?

I didn't have a specific mentor. Instead, I relied on various resources like books, YouTube videos, and online content to learn about trading.

Have you ever experienced significant losses in trading?

Yes, I experienced a major loss of approximately half a million dollars in 2020. I openly shared this to emphasize the realities of trading.

Do you believe trading is suitable for everyone?

I don't believe trading is suitable for everyone. It requires dedication, time, and a willingness to accept losses.

What advice do you have for aspiring traders?

I advise aspiring traders to commit at least two to three years to mastering the craft and to be prepared for both wins and losses.

Timestamped Summary

00:00The trading space is cluttered with brokers and influencers focused on appearances rather than expertise.

01:59At the age of 18, I chose trading as my career path, inspired by successful investors like Ray Dalio.

03:59I taught myself trading through extensive research, including reading books and watching online resources.

06:17Trading is not a get-rich-quick scheme. It requires time and effort to master the craft and experience both wins and losses.

09:29I openly showcase my trading results, providing transparency and authenticity to my followers.