Not suited for traders. The idea of suitable or not suitable only concerns whether you feel it is enjoyable.
Personally, what I feel is
If you consider it from the statement “You’re not suited to be a trader,”
then most likely you’re “not suited at all” and also “nobody is suited,” in other words from the perspective of suited vs unsuited
everyone can say no; the market is so irreversible that it isn’t a matter of suited or unsuited
The view of being suited or not suited
is simply whether it feels enjoyable
and that is not when you’re making profits
it’s only about whether you can enjoy the situation when you’re losing
If you don’t find that enjoyable
then you’re like, “I’m not suited”
while you’re losing
whether you’re holding a position, averaging down, or after you’ve closed a loss
the only perspective is whether you can enjoy the mental burden
if you can’t enjoy that perspective, then you’re not suited as a trader
However, many seminar hosts
try to indicate whether traders are suited or not in the market
that is completely off the mark
because it’s meaningless unless you consider the trader as a single entity
here, it’s about whether you can enjoy the burden, and nothing else
Trading is a solitary occupation
even after tens of years, you won’t be recognized by anyone and you won’t have any supporters
there are no fans; if there were, they’d just be seminar hosts, and even without seminars you’d be a “seminar host impostor”
If you look at Murakami and what happened afterward, you’ll understand—ultimately you’ll just become a seminar host or an advertising figure
From the start, traders are lonely gamblers who aren’t recognized by anyone
If you dislike that, then I think you should challenge yourself in whatever genre
For example, if you wanted to be a singer
even now you can get someone to make a music video and compose songs for you
and even at a low cost
There’s no point chasing something that won’t be recognized by anyone like this
If you have a dream, you should invest resources there
Being a trader isn’t something you start with
and even if you try to make a living as a trader
I certainly wouldn’t recommend becoming a trader
Anyone who does is basically “crazy” (laugh)
If you do it, you have to take it seriously
If you lose your funds about ten times, just stop and accept that you’re not suited
Because those ten rounds of capital shortfalls
prove you aren’t following the rules
because the rules and trading itself are dangerous
At least read Thinking in Probabilities
If you’ve shorted your funds ten times, you should quit
The same situation will just continue afterward
From the start there is no “wave of profit”
There isn’t any pleasant phrase like “the芽 has bloomed”
That’s why it makes me angry when you see stupid depictions in manga of traders succeeding
Because being a trader is truly nothing but seriousness
I want you to understand that it’s a lonely occupation where no one acknowledges you
Being able to enjoy mental strain also means
you can apply probability thinking directly to trading
Gambling itself is exactly as the probability thinking book describes
If you read that book and trade and it doesn’t work, then you’re not suited, so stop
This saves you from wasting a long, long amount of time
※ For those who want to keep earning with FX, go here ↓
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