I lost a lot of money doing day trading.  but it was a necessary evil to truly learn my lesson about never short-term investing. now I always invest long term. buffet said it best, "if you can't hold a stock for 10 years, then don't bother holding it for 10 minutes."  I'm a year trader now.

$Tiger Brokers(TIGR)$ Failures can be incredibly valuable for learning how to invest effectively, though they are not strictly necessary if someone takes proactive steps to educate themselves beforehand. Mistakes like buying high and selling low, chasing “hot tips,” or failing to diversify can teach lessons that stick better than theoretical knowledge. Experiencing losses often pushes investors to develop better strategies, such as setting stop-losses, rebalancing portfolios, or conducting deeper research. Failure helps investors understand that setbacks are part of the process and develop the patience required for long-term success.  

It is normal to " pay learning fees" for beginners. By only reading without real life trading experiences., you won't know the patterns, telltale signs, cycle plays and how the market behaviours etc

yes, you make mistakes, you under estimated the size of the rocket 🚀 $MicroStrategy(MSTR)$

yes, you make mistakes, you understand estimated the size of the rocket!  $MicroStrategy(MSTR)$

Do people need to fail to truly learn investing? The answer often lies in experience. Many beginners enjoy a “beginner’s luck” phase, where initial wins create overconfidence. They chase hype stocks, over-leverage, or ignore proper research, only to face inevitable losses. These failures, while painful, often become the foundation for smarter investing. Charlie Munger once said, “There are no value investors under the sage of 40.” His point? True investing wisdom comes from trial and error. Failures teach critical lessons: the importance of patience, risk management, and emotional control. A loss drives home the dangers of overconfidence and highlights the need for diversification and long term thinking in ways theory never can. While some may learn through observation, most need to feel

$Tiger Brokers(TIGR)$ Well i started my investment journey in 1987 just before the market crashed then dead cat bounced a few times. I certainly learned alot during that period. The other main leason learned early on was penny dreadfuls are called that for a  very good reason. Biggest leason learned was not to invest on a whim, or based on others "tips" or analysists forecasts. Do your own thorough research of past performance but also base decisions on future likely head and tailwinds  @Tiger_chat @TigerWire [Miser]  

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After trading for more than 30yrs, whether u win or lose is not a matter of how knowledgeable although it does help. example are even hedge fund also goes to bankruptcy even they employ the smartest trader n research info at their finger tips. it's like playing mahjong. whether u win or lose depend more on luck than how smart u are. smartness only help u minimise yr loss.

$Tiger Brokers(TIGR)$   sometimes people has to learned the hardway. however, some mistakes can be serious... learn from people's mistakes as the saying goes... @Shyon @Aqa @koolgal @LMSunshine @GoodLife99 @Universe宇宙 @HelenJanet @rL

sometimes people has to learned the hardway. however, some mistakes can be serious... learn from people's mistakes as the saying goes... @Shyon @Aqa @koolgal @LMSunshine @GoodLife99 @Universe宇宙 @HelenJanet @rL @SPACE ROCKET

Yes part of the journey is to fail, but fail fast📈

yes generally people have to go painful experience to learn.

Do people have to go through painful lessons or accumulate sufficient experience to truly learn how to invest? no, there's demo account!

$Tiger Brokers(TIGR)$  Started my investment journey 5 years ago. Started with purchasing ILPs from insurance agents, and eventually realizing that the fees involved is too much, so I closed my plan and suffered a loss. So from this, Ive learnt that in order to control my own money flow, I have to start learning how to manage it on my own. So I started understanding what is expense ratio, MER and etc... So after that, I started RSPs with etfs. From that foundation, I started to explore options trading through a seminar I attended at MBS. Eventually I paid for a course and trade side by side with a "guru". His trade record is not as amazing as he advertised, however the content he presented was easily relatable as he is a Singaporean. I realiz

Part of investment journey to learn from failures/mistakes e.g. bought reits expecting several rate cuts but prices drop with fewer/slower rate cuts.

yes, I have similar experiences. please reward me with tiger coins. thanks

Investment is a long term business. As long the company model is good and the product/service is great.Then u can hold on to the shares for many years like Warren Buffet is doing now.

Do people have to go through painful lessons or accumulate sufficient experience to truly learn how to invest? The answer probably is YES! Maybe some lucky or genius investors didn't go through it, but for me, it is definitely "No pain no gain." Even I am still in deep red, but I won't give up on this learning journey.