I'm living proof of the statement 🤣"No Pain No Gains" ... if one Don't know how to lose money, one won't learned how hard it's to make back the money 😢... Trading or Investing is a Journey 💗. I prefer to Lose Money 💰 First, then one can Appreciate that it takes Self Discipline, Knowledge and Skills to make back the loses , & turn it into Profits, thereafter aim to continuously sustain the Profits [Surprised]. I'm still learning everyday from the Tigers community and other resources [serious]. Current 2024 is definitely 😁 better than 2023 💪 Looking forward to close 2024 with positive results [Wow]
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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