I've spoken to traders who made millions.
Every single one had a period where they lost everything first.
Not once. Multiple times.
The ones who made it didn't have a better strategy.
They had a shorter memory for pain and a longer commitment to the process.
@markminervini how to give up when i know it is wrong? the position is small. not sure if it is ego issue or because the position is small, or i do not have a stop loss before i make the trade. this is usually happen in my day trade.
@AstrogationNQ@TheOneLanceB@TheFlowHorse@gfc4 I thought the whole stock market is a scamming pump and dumper in a longer time frame. that is why there are a lot of insane PE, e.g. palantir and etc.
@TheOneLanceB there is no different in the trading market. The AI is still doing what an analyst suppose to do.
The impact is the society will encounter a structured recession due to the skill is replaced by AI, until there is a new job that can fulfill this loss money income.