Money you can get back as a trader - Time you can't!

When you're YOUNG you have time and energy but no money.
when you're an ADULT you have energy and money but no time.
When you're RETIRED and old you have money but less time and little energy.

So, yes you can make mistakes, yes you can learn to trade, and practice for a bit.

But DON'T do the following:

Make BIG financial mistakes - Because that time to recoup it may be too late.

Procrastinate with when to trade and why to trade - every day is an opportunity lost and an opportunity cost. Bite the bullet and do it well and risk aversely.

Jump from winning strategy to winning strategy because of drawdowns. All trading strategies come with drawdowns and trading in the financial markets can be a highly profitable endeavor, but it can also be a time-consuming and stressful one.

If you approach your trading with ONE strategy that suits you with a clear mind, a solid strategy, and a disciplined approach, you can maximize your chances of success.

As I like to say. It is better to have 9 years of experience trading 1 strategy than 1 year of trading experience for 9 systems.

It makes sense in my head.

Let's focus on the power of 1 and your time will be worth the wait for when you achieve your trading success.

Trade well, live free.
Timon
(Financial trader since 2003)