Friday, April 12, 2024

Advice

No one learned swimming, by reading book about swimming. Another example might be: If you remember, the first time, you saw people playing cricket - you were either attracted to "Ball" or "Bat"; You might have either picked up the ball - and threw it (underarm or overarm) or Perhaps you were attracted to the bat - and tried to "Hit" the ball - You might have missed the ball or hit it. Point is - you did not say to the folks who were playing cricket - wait, let me read a book about cricket - or explain me how to play this game. You just jump right into it - and learn it as and how it happens. 

Investing or Trading is very similar - You cant wait for books to read - and even if you do - you wont learn anything until you have a "Practical" knowledge. In trading - they say 99% of folks lose money - and most of them do - and it takes years before you create a system that works for you - which can consistently reward you with money. 

Even veterans like Buffett makes mistakes. You will make a mistake. But, its up to each individual that how they can minimize those mistakes, use them as learning opportunities and move forward. Because if you survive few years of damage, the amount of money that you can make - you wouldnt have even dream about it. More than money - it will become part of your life - until you die. Also it teaches you various aspects of life - interests you to the areas, that you might have never learned. 

It is not "Easy", nothing in life ever is easy - until you do it and once you do it - Its not "Rocket Science" either. 

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