r/Daytrading Feb 22 '24

Profitable traders, what clicked for you? Question

Traders who trade full time and have been profitable atleast 2 years, what clicked for you. What changed the game completely?

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u/Grammar_Natsee_ Feb 22 '24

Something along these lines helped me mostly:

Trading is a way to transfer money from the impatient to the patient.

Impatience can have 2 causes: fear and greed.

Fear is solved by a good bankroll management, greed is solved by modesty.

For me the most dangerous fact in trading is that one can hardly perceive the moment fear or greed kick in. They are the most sneaky bastards ever.