The psychology of trading

[Pretend_Vanilla]

The first lesson is to put emotions aside. Don’t yolo your saving account into stocks. Save cash on the side and diverse your portfolio. Good luck trading. We’ll reach financial freedom together.


Take a moment to read this article.



https://medium.com/@manan11697/how-psychology-affects-trading-57efffffa3d7

[hmgROCK]

Yea

I see them rich reddit wallstreetbet meeka folks lose $600k
And didn’t even twitch a bit

Pretty crazy

Thats  alot of dough

[Pretend_Vanilla]

Yea

I see them rich reddit wallstreetbet meeka folks lose $600k
And didn’t even twitch a bit

Pretty crazy

Thats  alot of dough

Sympathy play. Its reckless.
Maybe when I become a 1 millionaire I’ll probably Yolo crazy bets.

Im active on Reddit too but I dont go to WSB. Its so toxic in there.

[hmgROCK]

Sympathy play. Its reckless.
Maybe when I become a 1 millionaire I’ll probably Yolo crazy bets.

Im active on Reddit too but I dont go to WSB. Its so toxic in there.

I’m going donate it all
And live off SSI

Can’t take that stuff with you to the after life

[Pretend_Vanilla]

Pass your stocks to your kids. Thats what I’ll probably do or use it to invest in their college education.

[hmgROCK]

I’m going donate it all
And live off SSI

Can’t take that stuff with you to the after life

naw

im not leaving them anything
not even a penny
they have to struggle like i did

hahaha

maybe i will leave them my guns

[Pretend_Vanilla]

I thought it would be good to come back here and talk about investment. Rich people invest and poor people spend money. Stocks/crypto can be passive income. I’m glad that they made apps and free commission brokers. So every average Joe can trade. Its a free market and more people are getting into trading than ever.

My faith is that the SEC is working to make new rules to make the market more fair and transparent. Investing should be something you teach to your kids anyways. Not everyone wants to work until 65. Investing is a backup plan.

[hmgROCK]

I thought it would be good to come back here and talk about investment. Rich people invest and poor people spend money. Stocks/crypto can be passive income. I’m glad that they made apps and free commission brokers. So every average Joe can trade. Its a free market and more people are getting into trading than ever.

My faith is that the SEC is working to make new rules to make the market more fair and transparent. Investing should be something you teach to your kids anyways. Not everyone wants to work until 65. Investing is a backup plan.

our parent don't know
my dad just have his 401k at work
probably just eat his 401k and SSI  when he retired

sometimes people are just too poor to invest

[Pretend_Vanilla]

our parent don't know
my dad just have his 401k at work
probably just eat his 401k and SSI  when he retired

sometimes people are just too poor to invest

I wished I did got into investing early. The 2008 market crash. I was young and dumb. I had a coworker who is a daytrader. He said I should do it. But I didn’t think too much about it then.

[hmgROCK]

I wished I did got into investing early. The 2008 market crash. I was young and dumb. I had a coworker who is a daytrader. He said I should do it. But I didn’t think too much about it then.

oh.... hahaha

<<<<< i came to adulthood in 2008
so i was really lucky man

got my house for dirt cheap
and good stocks


obama was giving out FREE CASH to buy your first house
hahah i got it to

my house is all paid for today

[Pretend_Vanilla]

oh.... hahaha

<<<<< i came to adulthood in 2008
so i was really lucky man

got my house for dirt cheap
and good stocks


obama was giving out FREE CASH to buy your first house
hahah i got it to

my house is all paid for today

Thats great. I was single so I didnt care. Just dumb. Regrets. The housing market was hella cheap then. lol.

[hmgROCK]

Thats great. I was single so I didnt care. Just dumb. Regrets. The housing market was hella cheap then. lol.

yeah bro..
once in a lifetime
hahah
i got lucky man...

remember OBAMA was giving out free cash to first time homebuyer
i took it and ate it

 


my house
i had to change the slump pump from the previous owner
it suck being a homeowner
cuz you have to do everything yourself

 

[Pretend_Vanilla]

You’re friends are your influencers. Its nice to have wealthy friends. Jk. When you surround yourself with good people you make better choices. I dont want to hear that you’re not giving anything to your kids. You’re already set in wealth.

[hmgROCK]

You’re friends are your influencers. Its nice to have wealthy friends. Jk. When you surround yourself with good people you make better choices. I dont want to hear that you’re not giving anything to your kids. You already set in wealth.

Oh no...

ahaha

all my high school buddy
they went to 4-6 years college
and miss out on everything

i went to the local tech to get my accounting certificate
certificate... not even a tech degree
but a certificate

so i was working loong before

hahahah

[Pretend_Vanilla]

Oh no...

ahaha

all my high school buddy
they went to 4-6 years college
and miss out on everything

i went to the local tech to get my accounting certificate
certificate... not even a tech degree
but a certificate

so i was working loong before

hahahah

Nice so you already got into the financial world. Thats awesome. Have you ever thought about working as advisor for a firm. I think they make good money just tracking stocks all day.