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Market is the best teacher
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Jun 21, 2023 at 13:14
Member Since Jun 21, 2023
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Ethanishere, you bring up an interesting point. Trusting market signals can indeed be a tricky business. As Prince Sajir mentioned, the market itself reacts to the attitudes of money, which can be relatively objective. However, errors can arise from our interpretation of those signals.
In my experience, it's important to approach the market with a balanced mindset. While the market can be a great teacher, it shouldn't be the sole source of our education. Active learning through various resources such as books, courses, mentors, and communities can help accelerate our understanding and minimize potential losses.
In my experience, it's important to approach the market with a balanced mindset. While the market can be a great teacher, it shouldn't be the sole source of our education. Active learning through various resources such as books, courses, mentors, and communities can help accelerate our understanding and minimize potential losses.
Member Since May 08, 2023
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Jun 27, 2023 at 23:17
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@Ethanishere
I have learned that nothing is definite in the market predictions.
Do not marry any assets.
I have learned that nothing is definite in the market predictions.
Do not marry any assets.
Member Since Mar 31, 2021
229 posts
Jun 28, 2023 at 09:42
Member Since Mar 31, 2021
229 posts
Ethanishere posted:
'It is not always worth trusting the signals that the market gives. Since the signals can also be false.'
Well, I can say that sometimes they deceive me too but if we can't trust the signals then what should we do?
Well I did not say that now you can’t trust the signals at all. You just need to be more careful. Just like me.
Think thrice before opening an order
Member Since May 08, 2023
88 posts
Jul 01, 2023 at 01:15
Member Since May 08, 2023
88 posts
Rococo_XVII posted:Ethanishere posted:
'It is not always worth trusting the signals that the market gives. Since the signals can also be false.'
Well, I can say that sometimes they deceive me too but if we can't trust the signals then what should we do?
Well, I did not say that now you can’t trust the signals at all. You just need to be more careful. Just like me.
Well, yeah that's what any rational man would do.
Member Since May 08, 2023
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Jul 01, 2023 at 01:19
Member Since May 08, 2023
88 posts
JakeRobins posted:I genuinely agree. That is why they say either you learn or it will teach you. Personally prefer to learn rather than be taught.
relying solely on the market to teach us can be a costly and time-consuming approach. Active learning through books, courses, mentors, and communities can help accelerate our understanding and minimize potential losses.
Member Since Aug 19, 2021
245 posts
Jul 03, 2023 at 10:11
Member Since Aug 19, 2021
245 posts
Ethanishere posted:JakeRobins posted:I genuinely agree. That is why they say either you learn or it will teach you. Personally prefer to learn rather than be taught.
relying solely on the market to teach us can be a costly and time-consuming approach. Active learning through books, courses, mentors, and communities can help accelerate our understanding and minimize potential losses.
Sometimes the lessons learned by market are remembered much better than if you learned it yourself. 😄😄 Although much more painful. LOL.
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Jul 18, 2023 at 12:46
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Ethanishere posted:I just wanted to give you a huge shout-out for always being on the same wavelength as me.JakeRobins posted:I genuinely agree. That is why they say either you learn or it will teach you. Personally prefer to learn rather than be taught.
relying solely on the market to teach us can be a costly and time-consuming approach. Active learning through books, courses, mentors, and communities can help accelerate our understanding and minimize potential losses.
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