For the noob their intuition is negative signal, they feel fear and make emotional decisions. They feel euphoria then oversize and blow up. For a seasoned vet, their gut tells them things no algorithm could compute. The human trader is safe; the curve is just steeper.
I would say opportunity shifted the manner in which it presents itself. I am not convinced there is less opportunity now; however given anecdotal experience and observation, linear career progression has been stunted. ie cashier to executive. With this being felt on a deeper level in Europe than in the US. Entrepreneural pursuits have vastly widened; and greater availability of previously inaccessible information means those who wish to pursue more fringe careers/independent endeavours are better equipt and can enjoy a faster pipeline to competency.
The above advice is good common sense, but the reality is unless you live with your parents, there is no way to stretch 1k in most major cities without a very low standard of living. The UK has a serious cost of living crisis. What if people want to start a family? This budget is not viable
@digitalchampi Amazing advice! So you pay for the mortgage/rent, the car insurance, food, clothes, internet connection, tv license, council tax, water and electricity bill,gas bill, road tax, house insurance 😂 Let the average layman pull money outta the magic money tree