RE: Why I Always Encourage People To Lose Money
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Yes, you definitely can't learn anything without getting burned, or at the very least being open to getting burned. "Way back when" I made no shortage of mistakes day trading tech stocks... but I eventually got pretty good at it. And that process of getting "pretty good" was all about constant learning, and a willingness to constantly tweak my approach to hone in on something better.
=^..^=
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I agree with you I am by no means the best trader, but I've learned what to look at, when to jump in and out as a I feel comfortable a range of where I am willing to take profits and all this comes from being burned.
You sound of developing your strategy as an active investor and you pick up on the signs sooner, you're more confident in your positions and you know when to cut and when to sit
It's not about being right all the time, just being less wrong than the majority
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