$Tiger Brokers(TIGR)$ The Group ABBA released a song called Money, Money, Money in 1973. Suggest you listen to it & enjoy the song !
Money is relative, the more you have the larger your toys become. Money may well be the main driving force for many, unless you've Decided to approach your Trading / Investing from a differently Perspective.
Passion : The Latin origin of passion is " pati " meaning "suffer " Or strong liking or enthusiasm or strong feeling that clearly helps when obstacles are encountered, however , Trading & or investing should not be based on feelings or emotions.
The approach taken could however be fourfold:
1. Driven by the pursuit of Money.
2.Driven by the pursuit of passion and or emotion.
3.Driven by Fundamentals & Technicals of charts.
4.Driven by a combination of 2 or more above or
5.You have an end game, that being driven by the Goals set to achieve an outcome at a particular time within your journey of Investing, the outcome presenting you with success, that success just happens to be in the form of Money.
Each person has a unique strength & strategy at how we reach the outcome... that's a debate for another day though as some are more cautious than others , however the key to investing is to remember rule no 1: Don't Lose money.
Question: Are you trading / investing in a wreckless way or are you so successful based on the rules applied & followed that the Money finds You in your journey of investing & Trading?
Comment below, I would be interested to hear how successful your journey of investing has been & if you're following rule no 1, not to lose Money.
My approach on this journey of Investing is not to lose any money & driven as a Hobby, after all, most hobbies have become so successful they find themselves as part of the Magnificent 7 on the Nasdaq.
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.
