Trading

Long read #


Trading communities have become an integral part of the industry. But let's figure out why social connections are useful for the most antisocial work.

1. We tend to focus on our weaknesses, since negative experiences leave a deeper mark than positive ones. An outside perspective helps remind you what you are really good at and what exactly you need to do to achieve profit.

2. Quality > quantity. In trading, it is practical experience that is considered quality - 2 deep analyses of trades with the preparation of a work plan for future situations replace hours of discussing abstract topics.

3. Regularly observing negative results of other traders helps to increase your tolerance for losses and perceive them as part of the job. This, in turn, reduces the fear of opening positions and discomfort from being in a trade.