Exactly! It is what it is all about. Survival. Gettting better. Making good decisions. Risk vs. reward. Market psychology. Portfolio management. Technical analysis. Reading SEC filings. Learning fundamental analysis. Helping one another and moving up that progress chart.
Remember..many are in a hurry. We are in an age where many expect instant gratification. This is a process. It is a marathon and not a sprint. We start with a process that soon turns into habits, enough so that if you deviate from those habits your internal voice or warning system should kick in, and those habits lead us to success. Many in this market have rushed to try and accomplish in days and weeks what it takes years to accomplish. And when they find themselves in a losing trade, or taking a big loss, which sometimes still happens, there is the feeling to quickly try and get it back, which can lead to even greater losses.
Many have tried to play this 3x ETF's too much and with too many shares and it has been devastating for them. This market has ruined many people. They will not be back.
We are going to continue to eke out money in this enviroment. It is going to become better and better. This will become our self-fullfilling prophecy
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