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/biz/ - Business & Finance

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27154528 No.27154528 [Reply] [Original]

Is there characteristic of an individual trader who "makes it" basically the type of person who has an interest in trading, but at the same time has no care for materialism? Therefore the trader is far more likely to make better decisions, considering there is no "lambo" on the line, ie: not giving a shit about the outcome allows for you to remove emotion, keeps you patient - therefore you'd make better decisions.

Or do you think the motivation of a lambo and being emotionally attached to the potential success make you a better trader?

>> No.27154751

>>27154528
I jerk my dick off thinking about money
im doing it right now

>> No.27154959
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27154959

>>27154528
The less emotions you mix in with your money the better off you’ll be on all accounts. Most of the people who burn their boats and put it all on the line only find out about their genuine lack of willpower and emotional stability after they take a huge loss, the slow former route is what leads to true successes.

>> No.27155007

Emotions are a huge negative for trading. I did not start having success until I became a literal autist

>> No.27155222

>>27154528

You have to trade with love in your heart, t'is true.

>> No.27155341

>>27154528
I believe in the heart of the cards

>> No.27155380

I am a 33 year old, never had a job, diagnosed with autism. I managed to buy a house through investing my autismbux.

>> No.27155600

>>27154528
345k net worth
Trading with between 5 and up to 25% of it depending in risk. Ending a good 65% of trades with a gain.
Monthly average spending, between 600 and 900 dollar. I just want to be left alone and play vydia and trade

>> No.27156052

Autism

But seriously dividing your investments into a good combination of low risk to high risk pretty much guarantees great returns

>> No.27156072

>>27154528
The money lover

>> No.27156399
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27156399

Comes down to delayed gratification I think. If you reward yourself every time you have a winning trade you're NGMI. The best traders I've met are emotionally stable, consistent, straight edge, and always focused. Upgrade your trading balance, not your lifestyle

>> No.27156833

>>27154528
Yeah autism but the smart kind that voids emotion

>> No.27156998

>>27154528

That's one thing, but to be successful and make it your livelihood there's a million other things you need. But yes, giving up on the moonshots and applying proper risk management will help you

>> No.27157067

>>27154528

theres that one japanese bloke who is one of the worlds most successful traders, but is basically hikkimorri like us.

>> No.27157190

>>27154528
Honestly, even if I made it I would probably be doing the same shit I am now, maybe just in a nicer place. I really just want to see the jewish elite executed and a new renaissance emerge. Money can't buy that....Or can it?

>> No.27158073
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27158073

"I want to use my money to make more money."
This is the ideal to live to, but of course you got to eat. You have to live somewhere. After that you got decisions to make. Okay so you buy that ps5 or xbox series x, but then what? Do you continue to constantly spend like you are nigger rich? No, because you need your money. You need it to make more money!
>and yes I still want my own house with a snack bar!

>> No.27158178

>>27155380
How much was the house?