Reward 500 Tiger-coinsMany 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."
A motivational poster for learning investing, showing a symbolic journey of growth. The image features a person standing on a steep rocky path, overlooking a scenic financial city skyline at sunrise, symbolizing hope and progress. The path has signs of lessons learned: a broken piggy bank, a risky stock chart with steep drops, and a ladder of success rising ahead. Above, bold text reads: 'Growth Comes Through Experience' in modern, clean typography. The color palette is warm with golden hues of the sunrise blending with cool blues of the cityscape.
One tiger echoed this sentiment, saying that investing is akin to playing late-game heroes in League of Legends.
Such heroes require a long period of cautious development before they can achieve good results. If you're overly aggressive early on, you risk being defeated by opponents. In the stock market, this equates to losing your capital.
There's a saying: "All awakenings are awakenings to the cost, not the goal." This implies that people don't grow simply because they are more committed to their goals but because they are forced to confront the pain of their mistakes and the cost of failure.
What’s your take on this perspective?
Do people have to go through painful lessons or accumulate sufficient experience to truly learn how to invest?
Do you have similar experiences?
Leave your comments and also post to win tiger coins~
Comments
Until we’ve truly master risk management (when to cut loss), position sizing (scaling in & out of a trade) and trading psychology (patience, consistency & discipline), then profits will come our way with much hardwork and sacrifices.
A successful trader is like running a business, always seeking ways to refine their skills in order to win big and lose small. Without losing, we can never learn the sweet success of our labour. There is no shortcut in trading. Always start small, dream big and build deep. @CaptainTiger @Andreana @jace0777 @koolgal @SPACE ROCKET @Terra Incognita @Mathematical Money @Bonta @Aqa