Money or Passion: Which Matters More in Your Stock Trading?

It is said that the dopamine release triggered by stock trading is much higher than that from regular recreational activities. Some people trade stocks purely out of passion, enjoying the sense of achievement and excitement that trading brings. Others trade stocks primarily to make money, as there are alternative side hustles that can also generate income. Of course, these two aspects cannot be entirely separated—it's just the relative importance of each that differs.

In stock trading, both money and passion play important roles, but their importance depends on your goals and approach. Here’s a breakdown of each: Money: The Foundation Money is the tool that enables you to participate in the stock market. • Why Money is Important: 1. Capital: Without money, you cannot invest or trade. 2. Risk Management: Sufficient capital allows for diversification and the ability to absorb losses without catastrophic consequences. 3. Scaling Up: Larger amounts of money provide more opportunities to achieve significant returns. However, focusing only on money can lead to short-term thinking, excessive risk-taking, and emotional decision-making if you’re solely chasing profits. Passion: The Driver Passion for stock trading, financial markets, or investment strategies can
avatarKecik Satiam
2024-12-31
$Tiger Brokers(TIGR)$  [Miser]  [Miser]  [Miser]  
avatarSLW
2024-12-31
$Tiger Brokers(TIGR)$ Definitely MONEY!  I won't call it stock trading as it sound very speculative but I will term it as stock investment - a good old way to accumulate wealth over time.  When you gain the MONEY - that's when you can spend in things that you are passionate about - like travelling, food and contribute to charity. 
avatarDiAngel
2024-12-31
$Tiger Brokers(TIGR)$ To me, it is money. In another word, it is achieving my yearly KPI of $xxK of dividends generated from SG stocks. In such a way, the dividends will be my living expenses and not tapping onto my saving.  I don't venture much into US stocks, even though it is fast making money, as I have an almost equal amount of ESSP (in SGD) as to that of SG stocks. Hence, I m trying to dispose ESSP asap. The last round I did was in 2021. Thereafter, I forgotten about it 🤦‍♀️[Facepalm]  as I was crazy pursuiting 🏃‍♀️🏃🏃‍♂️[Grin]  [LOL]  [Happy]  [Smile] [Chuckle]  my SG dividends. Maybe the all clear results from cancer genetic screening that caused me heads over heels 😍🥰on SG dividends and neglecting my ESSP
avatarHMH
2024-12-30

Money or Passion: The Eternal Dilemma of the Stock Trader

I sat back in my leather chair, the warm glow of my trading monitors reflecting off a glass of single malt perched delicately beside me. The day’s charts had been a symphony of green and red, the heartbeat of the markets pulsing with its usual intoxicating rhythm. Yet, even as I reviewed my trades—a mix of swift victories and the occasional humbling defeat—an age-old question nagged at the edge of my mind: In stock trading, what truly matters more—money or passion? It’s a debate as old as the markets themselves, whispered in the corners of trading floors and debated over drinks at exclusive investor summits. And today, my dear readers, we shall dive headfirst into this conundrum. The Thrill of the Trade: Passion as a Driving Force There are those among us who trade for the sheer love of it
Money or Passion: The Eternal Dilemma of the Stock Trader
avatarkoolgal
2024-12-30

Money or Passion - Which is more important in trading?

🌟🌟🌟My goal of investing is to make money which will be used to achieve my ultimate of FIRE - Financial Independence Retire Early.  Money is the key to giving me more time to pursue my dream goal of travelling the world, exploring new cities, eating different cuisines and making new friends.  In other words Money is more about freedom and having more time to experience life to the fullest.  Money is a means to an end for me.  Passion can be defined as enthusiasm, zeal or fervour for something we like to do.  Passion for me means having the interest and energy to research my stocks and ETFs.  Spending time learning to be a better investor.  It is not so much about trading daily, staying awake watching the markets.  I am more of an investor than a trade
Money or Passion - Which is more important in trading?
avatarMickey082024
2024-12-30
$Tiger Brokers(TIGR)$ When it comes to stock trading, the debate between money and passion is a common one. Both are important, but they serve different purposes in a trader's journey. Money is often the primary motivator for many traders. The potential for profit is what draws people to the stock market in the first place. After all, trading is about generating wealth, and without the desire for financial gain, there's little incentive to take on the risks involved. However, focusing solely on money can lead to emotional decision-making, impulsive trades, and ultimately, losses. Passion, on the other hand, can be a more sustainable driver. A passion for learning about markets, understanding the intricacies of different stocks, or developing stra
avatarHappiness.
2024-12-30
$Tiger Brokers(TIGR)$  In stock trading, both money and passion matter, but their importance depends on my goals and approach: 1. Money: • Stock trading is fundamentally about growing wealth. A clear financial plan and risk management are essential. • Without adequate capital, the ability to trade effectively is limited. Protecting and growing my money should be the primary focus. 2. Passion: • Passion drives me to continuously learn, stay disciplined, and remain engaged even when the market is challenging. • Successful trading often requires curiosity, patience, and resilience—traits fueled by genuine interest. Conclusion: Let money be your goal and passion your guide. Use your enthusiasm to sharpen your skills, but always trade with fi
avatarAldikun
2024-12-30
The posible opiniku om trader mark
avataricycrystal
2024-12-29
$Tiger Brokers(TIGR)$   I do not trade every day. I mostly trade when the price is good. though have to admit I do overtrade at times and it can be dangerous. trading with passion would be good as being passionate about something makes it even more enjoyable. @Universe宇宙 @LMSunshine @koolgal @Shyon @Aqa @rL @HelenJanet
avataricycrystal
2024-12-29
I do not trade every day. I mostly trade when the price is good. though have to admit I do overtrade at times and it can be dangerous. trading with passion would be good as being passionate about something makes it even more enjoyable. @Universe宇宙 @LMSunshine @koolgal @Shyon @Aqa @rL @HelenJanet @SPACE ROCKET
avatarSTLoke
2024-12-29
$Tiger Brokers(TIGR)$ Passion for backtesting but I trade to make money.
avatarsubbu
2024-12-29
$Tiger Brokers(TIGR)$ Money primarily is what gets me to trade - the passion is secondary. But due to the markets behaviour and the fact that many stocks in the portfolio don't always consistently make money, passion becomes a necessity to keep one going in the market for the long run [Sly]  
avatarOptionspuppy
2024-12-29

Stock Trading: My Arcade of Adrenaline and Strategy 🎮💹

Stock Trading: My Arcade of Adrenaline and Strategy 🎮💹 For me, stock trading is not just about making money—it’s an exhilarating arcade where I can test my strategy and skill. I approach it with a mindset of risk management, only trading with money I can afford to lose. This ensures that my happiness and peace of mind are never compromised. Unlike some who trade for purely financial gain, I treat it as a recreational pursuit that keeps me engaged and excited about the markets. A Passion Rooted in Strategy and Winning 💼♟️ Having been a chess player in my younger years, I find that the strategy and problem-solving aspects of trading resonate deeply with me. Every trade feels like a move in a chess game—an opportunity to analyze, predict, and outmaneuver the market. This background gives me t
Stock Trading: My Arcade of Adrenaline and Strategy 🎮💹
avatarSuccess88
2024-12-29
I believe in long term investment. Both Money and Passion is importance. As long a you invest in good valuable stock in will grow
avatarQueengirlypops
2024-12-29
$Tiger Brokers(TIGR)$ At this point in my life, it’s all about stacking cash and smashing that loan! BC’s got my back, and I’m beyond grateful! I’m slowly growing my stash, and with her help, it’s only up from here! ❤️🔥✨@Barcode ❤️❤️❤️
avatarKKLEE
2024-12-29
$Tiger Brokers(TIGR)$ When it comes to stock trading, the debate between money and passion often divides traders into two camps. On one hand, money represents the ultimate goal—profits, financial freedom, and wealth accumulation. On the other, passion symbolizes the driving force—curiosity, discipline, and a genuine love for markets. Which matters more? The answer lies in striking the right balance. The Case for Money: The Ultimate Measure of Success Trading is a Business Stock trading is not a hobby—it’s a business. Success is measured in profits and returns, not emotional satisfaction. Consistent profits are what sustain traders over the long term, allowing them to grow portfolios and reinvest in their strategies. Risk-Reward Analysis Every trad
avatarDwayne Sheng
2024-12-29
$Tiger Brokers(TIGR)$ I believe passion is the more important aspect in trading. In the book Think and Grow Rich by Napolean Hill, the very 1st lesson is to have a strong desire to be successful. Without passion, we would not be able to last too long on this investment journey, let alone accumulating wealth. At some point, our passion might diminish due to whatever reasonsl so it's up to us to always fan the fire in us to keep us going. Happy trading everyone [Miser]  
avatarAN88
2024-12-29
I don't trade everyday and not trading for passion but keep for long term at least a year and generate dividends
avatarSpiders
2024-12-29

Money or Passion: Which Matters More in Your Stock Trading?

Stock trading and investing can be a fascinating intersection of passion and practicality. For some, it’s about the thrill of analyzing markets, making decisions, and watching those choices unfold. For others, it’s a means to an end: building wealth and achieving financial security. But for many—like me—it’s a mix of both: an exciting journey fueled by passion but grounded in the goal of financial growth. The Thrill of Passion in Stock Trading Trading and investing excite me because they involve constant learning and decision-making. Every stock purchase or sale reflects a mix of analytical thought and instinct, which keeps the process intellectually stimulating. There’s a sense of accomplishment when my choices turn out right, whether it’s identifying an undervalued stock or knowing when
Money or Passion: Which Matters More in Your Stock Trading?