New traders often have the misconception that success in the markets comes easy… but by Week 2, most learn the hard way that this is so far from the truth.
What causes this? Part of it is the overall marketing of how easy it is to make money off the stock market and perceived perceptions of easy money. New traders never respect the process of becoming successful, just the outcome.
True success comes over time, not one time and certainly not a couple of trades. You can’t expect greatness when you put in the bare minimum effort to learn from avoidable trading mistakes and over-risking your account.
And when you trade the stock market for as long as I have, you tend to pick up on the things that every new trader does wrong… and it’ll cost them some serious money until they rectify the things that are making trading hard for themselves.
Stop trading the stock market without understanding what you might be doing wrong.