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RE: Why I Avoid Trading

in #trading8 months ago

Very interesting blog. Based on what you said, I agree, you should not be a trader. !LOLZ It will make you #TooFuckeh

Great that you have learned from your experience. Important to remember that we are all programmable devices. Also, more important, don't try and change the low level coding. People need to figure out how they are wired before playing a risk reward game. I think most people operate as you describe when it comes to making money from trading.

I don't do option trading, foreign exchange and I don't buy on margin. I have been trading stocks since 1980 and now that I have learned a lot from being on Hive I am having a great time playing with digital assets.

Fear and greed are two attributes that must be well managed in any risk and reward game. By any, I mean not just trading assets. Lots of people lose money and/or destroy their livelihood because of some business venture gone bad. They get into something they do not completely understand. People get fooled by hype and overlook the obvious.

For me trading is nothing else than a game of probabilities.

C'est la vie! We are all players in a big game. Master the rules to excel at what it is you want from your game of life.

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We are all players in a big game

That's so true. Not everybody is good in everything. It's important to figure out what position we like to play and which ones to avoid :-)

Absolutely. Don't waste time on what you are not very good at when you can have more fun mastering what you can already do well. Maybe I can do some trading for you while you do some coding for me. I have a lot of ideas that need coding. !LOLZ

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