That's true... and most traders quit quickly after having decimated their accounts and lost their self-confidence.
That's true... and most traders quit quickly after having decimated their accounts and lost their self-confidence.
The image below shows you quickly how hard investing is for most folks.
That does not look too encouraging for beginners or those who are, just like most, underperforming the markets and maybe even on the red.
But consider this:
Driving a car is difficult until we learn to do it. Baking a delicious cake is not easy either when we try the first time.
And still, I know many people who can both drive a car and bake delicious cakes! And I bet you know too.
Most people I know (including myself) have learned to drive with a combination of studying the rules, having somebody to show how it's done, and then practicing while getting feedback from the mentor.
Baking is quite similar. All can read a recipe online and reach quite fine results after some practice, but true mastery is usually achieved through working with people who are great at baking.
Just like driving or baking, investing is a skillset that can be learned and...
Just like driving or baking, investing is a skillset that can be learned and...
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