Let’s understand with a few real-life examples:-
1. Stop living in a delusion with yourself that you know everything, delusion kills dreams faster than a poison.
2. Poor risk management blows account faster than you blow smoke from a cigarette, you need to learn these skills from your daily lifestyle.
3. Trading is a skill that you need to treat like a business or a full-time job, you can’t expect overnight success in a business just like you can’t have a promotion in a single day.
4. Overconfidence and aggression should be your own enemies if you want to master this league.
5. Magical strategies don’t exist, the market works dynamically, and you need to master multiple strategies for multiple market conditions.
6. The charts are like your crush, which is difficult to impress etry to understand their lifestyle before making an execution.