What stage are you at now?

In this market, those who can make a profit are the ones who are wealthy, skilled, and have faith. Unfortunately, most people in this market have neither money nor confidence, and even if they find the right methods, they cannot achieve much.

This market is very cruel to poor retail investors. If you don't have much capital, a 10% drawdown will make you panic, and you can't withstand it. Without firm belief, this leads to an inability to play the long-term layout.

Once you can't engage in long-term layouts and rely on short-sighted operations, you are basically destined to be far from profits.

The dilemma of poor retail investors is unsolvable: you are eager to cook rice, unable to make long-term layouts, only able to focus on short-term fluctuations, chasing rises and killing falls, and in the end, you lose more and more.

To put it bluntly, the game in the trading market is about who can outlast whom. Either the market exhausts you, or you exhaust the market. Those who lack capital and firm belief are destined to be the ones who are exhausted by the market. I have seen too many retail investors with decent skills who, unable to withstand unfavorable periods, ultimately leave in disappointment. It's such a pity!

Therefore, my advice to beginners, especially young people, is to earn money before making money. First, accumulate a bit of capital through your labor, time, and skills while also learning the ability to make money. Having no capital and relying solely on enthusiasm is not enough! Making money relies on capital, information, resources, and cognition. This industry is very cruel; cherish it as you go along?

What stage do you think you are currently in?

1 Wealth accumulation stage 2 Earning money through capital stage 3 Both stages considered
#BNB#交易悟道 # Bruce Lee of the trading world