ns
@nickysap
i feel like a lot of folks fail to make money here because they want to hit massive home runs every time. you're setting yourself up for failure. you'll randomly hit those crazy 5 or 6-figure wins but it will be infrequent and it'll never happen if you don't accept some smaller wins along the way. the game is one of longevity. remember, there are people that have been trading professionally for 30+ years. how? by realizing that cumulative wins lead to larger outcomes. the people posting the massive gains are just trading at a different scale than you, risking a lot more than you but still likely a small amount relative to their total size. you're not a VC shotgunning $100mm at 25 companies hoping one becomes a unicorn. you're a regular person trading a small balance hoping to make some cash. in other words, if you hit a trade for a few gs (or even a few hundred!) keep in mind, that's someone's monthly salary. accept the win and look for the next trade. there's literally always another opportunity.
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ns
@nickysap
oh, and buy some shit with your earnings. pay off a card, fix your roof... whatever. people who stay in the casino too long tend to walk out empty handed.
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Zach
@zd
There are four things that can happen with an investment: - You can make a lot of money - You can make a little money - You can lose a little money - You can lose a lot of money Most people think only the first one is a good outcome - and that's a mistake. In reality, the first *three* are good, and only the last one is bad.
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colfax
@clfx.eth
good advice. have round tripped enough recently to make myself vomit
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Garrett
@garrett
good advice
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