I was thinking this is not the right platform for these ideas but I had to correct myself & post as soon as possible.
Let’s start!
There’s a fascinating correlation between time and investing and time and trading.
There’s actually a natural correlation of time in all cycles. Market Cycles / Economic cycles / Adoption Cycles, Life cycle.
This gnawing prevalence of time and its impact has been explored by a ton of great traders and investors & a result of some of these investigations had lead to us developing a ton of tools: Gan Fans, Fibonacci etc.
The issue with short term trading is that we missed out the greatest tool in investing - time. This is not a knock or promotion of one trading style over another just ideation of thoughts.
Money can be made everyday in the stock market full stop. It doesn’t mean you should be in the stock market everyday. To add it would be wise to listen to the advice of great traders - you should take time a way from the markets. Or surely we will suffer the same faith of those before us.
Continuing previous points. - We can be at the right place, with the right tools but at the wrong time. You might lose 20 trades in a row due to being right but repeatedly punished for trying to time a move.
You might not be wrong - you are also not right. If only you kept your first trade open with a clear invalidation level. How many times have you walked away from a good ticker / trade due to frustration and then see it work out? I’ll go first all the time!
An issue of traders then might be the need to (trade) — for better or worse. Maybe we should change our title to Wealth Obtainer. I kid!
You might get the raise you were looking for but at the wrong time & now you’ve missed out on the opportunity to buy the starter home. Now you are buying overvalued homes in high inflation environments with high interest rates / insurance.
You might be the largest sheep farmer - in a time period where there are no use for sheep and wool.
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