Congratulations to trader who had bough on pre market before it spike 🫣
🤯 Want to know a shocking truth about trading? It's 10% skill and 90% psychological.
How can it be? Isn't trading all complex and technical?
You see....
Even if I give you the best profitable stock in the world to trade, or 100% sure-win strategy (which does NOT exist by the way)...
There's a probability that you'll still lose money...
If you do not know how to manage your emotions and be disciplined in your trading process.
Because the other 90% of success in trading is psychological.
Example:
Succumbing to FOMO and buying stocks at the wrong prices
Not accepting your losses and holding on to losing trades
Not allocating your capital properly and missing out on the wave of profits
Not knowing what to do when the market turns against you
Stop focusing on the result. Focus on mastering your process. Review your trades diligently, and seek insights from mentors who can identify your blind spots.
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.
After hype will go down. Think now might be overvalued