Learn from my trading mistakes
Trading is sexy. It attracts people like a magnet.
More than 90% of the new traders have no idea about the rules of the game. The mirage of easy money is so strong that many so-called traders continue to lose money just because they do not want to admit they made a mistake and start learning.
Trading without preparation is a total failure. It is bad for every aspect of a person's wealth or health.
Trading is not easy.
It takes time and many thousands of hours of working hard. Even if you read books, learn about position size and management, watch traders trade, build an edge or practice to have your skin in the game, success is not guaranteed. This step is required, but… it is not a guarantee!
After I started this process and had already some good theoretical knowledge, I began trading with real money. And I open the door to the beginner's mistakes. Looking back now, it is hard for me to believe that I made such stupid mistakes. I will show you some in order to make you realize that novices make a lot of mistakes. This is part of the game too. And it might be constructive if you learn from them.