Disclaimer: Whatever I say or -To The Moon - Tiger Brokers Online Investing Community - To The Moon

Disclaimer: Whatever I say or post doesn't act as financial advice, so please do your due diligence before making any decision.

I heard a statement made on the documentary "working" on netflix. The gentleman said: "Money doesn't buy you happiness, however it is a vessel to help you to find it." It hits home as with the Trump administration, every policy they make is going to benefit the top 10% percentile of the income group in US. All of the middle to lower income group will suffer, with more living costs and more taxes to pay.

However, there are two choices. Is either you continue to lament the fact that you have a unstable and crazy president for the next 4 years and keep complaining, but do nothing about it. Or you can buckle up, double down on finding strategies to trade this volatile and tricky market and emerge victorious at the end.

Investment is a marathon, not a sprint. Many individuals out there like to boast about how they earned so much money in one day by betting on swings in meme coins or penny stocks. But have you ever thought why they do not post about their failures?

Yes it sounds fantastic to earn 20k in one day of trading, but the risk behind the trade must be enormous to reap that amount of reward. Personally, I feel that mindset of trading is not sustainable over the long run. So I rather miss out on these opportunities, then reeling myself into it, which might lead to sleepless nights and affecting my mental health.

Lastly, always reflect, inflect and adjust your investment plan on a regular basis. Do not be discouraged or embarrassed to admit mistakes because they are perfect stepping stones for you to improve tremendously as a trader if you look at it objectively.

Always remember, there is no one best strategy to invest to reach your financial goals, you have to digest all the information you gathered and formulate your own "best" strategy, which could generate steady and sustainable returns that make sense for you.

Happy trading and learning everyone![Love you]

@madluvyz - Specialist in using TA to sell options and swing trade.😺

Do People Need Failures to Learn Investing?

Many investors, especially beginners, tend to make numerous mistakes in the stock market. During the "beginner's luck" phase, they may make some money and become overconfident, attempting more aggressive strategies or chasing hype stocks (like meme stocks), only to end up losing more than they gained. Charlie Munger, Warren Buffett's late partner, once remarked, "There are no value investors under the age of 40."

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Madluvyz
02-10
Madluvyz
Great article, would you like to share it?

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Yes it sounds fantastic to earn 20k in one day of trading, but the risk behind the trade must be enormous to reap that amount of reward. Personally, I feel that mindset of trading is not sustainable over the long run. So I rather miss out on these opportunities, then reeling myself into it, which might lead to sleepless nights and affecting my mental health. Lastly, always reflect, inflect and adjust your investment plan on a regular basis. Do not be discouraged or embarrassed to admit mistakes because they are perfect stepping stones for you to improve tremendously as a trader if you look at it objectively. Always remember, there is no one best strategy to invest to reach your financial goals, you have to digest all the information you gathered and formulate your own \"best\" strategy, which could generate steady and sustainable returns that make sense for you. 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