Futures
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TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
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If you want to pursue a career in trading, to trade for a lifetime, then you must raise your level of understanding and recognize three realities.
The first is that to become a consistently profitable trader in this industry, you need to have a complete trading system. To make money steadily in the market over the long term, you must spend a lot of time and effort starting from the very basics. Here, the time unit should be measured in years.
The second is that 90% or even more of people in this market are losing money. Why should you be able to make money right from the start? Don’t think you are very smart or gifted; often, the smarter people are more prone to big setbacks. Because intelligent people are always looking for shortcuts, and there are no shortcuts in this industry. It requires continuous accumulation. Skills need to be accumulated, and our understanding needs to be accumulated too. Only through a long period of accumulation can you truly succeed and sustain it.
The third is that trading is human nature. The trading world is full of various temptations. Many people can make money in the short term, but very few can do so steadily over the long term.
People who earn ten or even dozens of times their investment in a year are everywhere, but those who can consistently double their money annually over the long term are rare. So, you must be prepared to honestly face your own greed, fear, and desires.
The biggest mistake in this industry is that many people believe they can start trading and immediately make money. #ETH