If You're Thinking About Giving Up On Trading
Updated
Hello to you TradingView traders,
All the below are based on my preferences, I don't give any financial recommendations and I have nothing to sell you with this article.
I'm sharing content because I see a lot of traders being/becoming broke and I don't want you to be one of them.
If you're thinking of giving up on trading read this 👇
A long time before becoming profitable
Trading is one of the most difficult tasks in the world
It sucks you in and takes your money within minutes
But if you're seriously trying to change your life around, here's why you should stick with it:
I've been trading for 10 years now
For the first 2 years I lost money
The first account I funded with $10,000 I lost in 6 days
The trading journey is mentally tough.
Not only did I lose a lot of money, but I lost a lot of confidence
I had devoted 2 years of my life to trading and still could not get consistent profits.
It was mentally draining.
The light at the end of the tunnel
But sticking with it was the best decision I have EVER made
I get to wake up every day now feeling fulfilled.
Feeling like all those years of hard work and sacrifice were worth it
Trading turned me into the person I am today.
Before I had ZERO:
- Confidence
- Sense of accomplishment
- Happiness
And now I have all of those things
AND...
I also learned a lot about myself.
I learned what it takes for me to become disciplined
I learned that in some scenarios I'm not very patient, in others I am
I learned about how I learn and the best way for me to educate myself
Yes the trading journey was financially and mentally tough but it was also fun.
The process was fun.
At the end of the day, that's what makes people happy:
Setting a goal, working towards it, and achieving it
There is no better feeling than that in my opinion
But here's the kicker:
If you don't give up, you can't lose
It's LITERALLY a waiting game
It's impossible to spend 10,000 hours on something and NOT be successful at it
Don't compare your journey to someone else
It took me 3.5 years to become profitable, and one more year to trade full-time
For some, it took 6 months
For others, it took 7 years
But I can say for every successful trader out there that it was totally worth it
So if you're considering giving up, take a step back
Think.
Are you a quitter?
How bad do you want this?
Sleep on it and see what happens tomorrow :)
I'll keep bringing a few articles like this every week because it helps me clarifying my thoughts AND giving back to the community makes me feel good about myself somehow :)
I want to teach you guys every aspects of what makes a great trader and how to get there.
This is the most challenging and the most rewarding job at the same time
Thank you for reading
Dave
All the below are based on my preferences, I don't give any financial recommendations and I have nothing to sell you with this article.
I'm sharing content because I see a lot of traders being/becoming broke and I don't want you to be one of them.
If you're thinking of giving up on trading read this 👇
A long time before becoming profitable
Trading is one of the most difficult tasks in the world
It sucks you in and takes your money within minutes
But if you're seriously trying to change your life around, here's why you should stick with it:
I've been trading for 10 years now
For the first 2 years I lost money
The first account I funded with $10,000 I lost in 6 days
The trading journey is mentally tough.
Not only did I lose a lot of money, but I lost a lot of confidence
I had devoted 2 years of my life to trading and still could not get consistent profits.
It was mentally draining.
The light at the end of the tunnel
But sticking with it was the best decision I have EVER made
I get to wake up every day now feeling fulfilled.
Feeling like all those years of hard work and sacrifice were worth it
Trading turned me into the person I am today.
Before I had ZERO:
- Confidence
- Sense of accomplishment
- Happiness
And now I have all of those things
AND...
I also learned a lot about myself.
I learned what it takes for me to become disciplined
I learned that in some scenarios I'm not very patient, in others I am
I learned about how I learn and the best way for me to educate myself
Yes the trading journey was financially and mentally tough but it was also fun.
The process was fun.
At the end of the day, that's what makes people happy:
Setting a goal, working towards it, and achieving it
There is no better feeling than that in my opinion
But here's the kicker:
If you don't give up, you can't lose
It's LITERALLY a waiting game
It's impossible to spend 10,000 hours on something and NOT be successful at it
Don't compare your journey to someone else
It took me 3.5 years to become profitable, and one more year to trade full-time
For some, it took 6 months
For others, it took 7 years
But I can say for every successful trader out there that it was totally worth it
So if you're considering giving up, take a step back
Think.
Are you a quitter?
How bad do you want this?
Sleep on it and see what happens tomorrow :)
I'll keep bringing a few articles like this every week because it helps me clarifying my thoughts AND giving back to the community makes me feel good about myself somehow :)
I want to teach you guys every aspects of what makes a great trader and how to get there.
This is the most challenging and the most rewarding job at the same time
Thank you for reading
Dave
Note
The TOP G Andrew Tate agrees :)twitter.com/Cobratate/status/1597683447589666817
⭐️ Listed as TradingView Trusted Pine Programmer
📧 Coding/Consulting Inquiries: dave@best-trading-indicator
Telegram: Daveatt
⏩ Course: best-trading-indicator.com
Twitter: twitter.com/bti_trading
📧 Coding/Consulting Inquiries: dave@best-trading-indicator
Telegram: Daveatt
⏩ Course: best-trading-indicator.com
Twitter: twitter.com/bti_trading
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.