Trading success requires finding your personal edge in seemingly random market movements while understanding that there's no universal formula that works for everyone. The journey demands either significant self-study or mentorship, with each path offering distinct advantages and challenges.
• Two primary paths to trading knowledge: self-taught (comprehensive but time-consuming) or mentorship (faster but narrower exposure)
• Finding your "trading truth" means identifying repeatable patterns that specifically work for your approach
• Success in trading only requires being right about 70% of the time
• Detailed documentation and analytical thinking accelerate the learning curve
• The trading industry itself isn't a scam, though unscrupulous individuals exist in the space
• New traders should decide if they want trading as a side income or full-time pursuit
• Experience is invaluable - if starting over, a seasoned trader would recover much faster
Watch the video episode of this on YouTube - https://linktr.ee/konnectedminds