šÆ Money or Passion? A Traderās Perspective š
Kia ora Tiger Traders!
Trading is both an art and a science, a delicate balance between passion and purpose. For myself, the motivation is about 70% financial growth and 30% the intellectual thrill of decoding the marketās patterns. Itās like piecing together an intricate puzzle š§© where each stockās pattern offers a clue to its next move.
Patterns are my compass, guiding me to identify potential price action and pinpoint lower-risk entries and exits. They donāt just reveal numbers, they tell a story about market sentiment and behaviour, often outpacing fundamentals. After all, while balance sheets provide the rearview mirror, patterns give you the GPS for whatās ahead.š°ļø
Iāve especially loved diving into small-cap stocks recently, particularly during for the January Effect stocks where the market often springs to life with opportunities for the nimble trader. Combining pattern analysis with market trends creates a powerful synergy that makes trading a calculated risk, not just a gamble.
Although I donāt trade every single day, Iām always tuned into the markets and sharing my insights here on Tiger. From Fibonacci retracements to spotting breakout patterns, I enjoy building a community where traders can grow together. Your comments, discussions and camaraderie are the heartbeat of this journey.
That said, trading isnāt just about passion, itās about discipline. As highlighted by experts, the dopamine rush from volatile stocks like $GME and cryptocurrencies can sometimes blur the line between passion and obsession. Grounding yourself in research and strategy is essential for staying on the right path.
Letās coddiwomple toward a prosperous 2025, purposefully and passionately, together. šāØ
Happy trading ahead! Cheers, Barcode ššššš
This was the S&P 500 in 2003 ~ image attached. It looks drastically different compared to now. What do you think the S&P will look like in 2045?
Money or Passion: Which Matters More in Your Stock Trading?
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.
