Expectation and reality

Most of the retail traders fail to success in trading just because they have the wrong expectation from the market. During the early days any traders thinks that there are a lot of money in stock market and they will be easily garb those money anytime they want. They become successful few times but eventually they fail just because they have wrong expectation to become super rich within a very limited time.

Please understand that, stock market is a journey not a destination. even if you are able to capture huge money in a shorter time, are you going to exit from the market and don't you trade afterwards? The answer is yes... you are going to trade rest of your life .... so my question is why are you in such a hurry? If you stays in the market for a longer time you will eventually make money.

There is a "90-90-90" rule in stock market. Many of the retail trader do not know about this rule that 90% of the retail traders looses 90% of their money within 90 days. are you belongs to those 90%?

The 90-90-90 rule is the reality of the trading business. May be you are attracted towards the stock market by the fancy story that .... one of the retail trader has made 1 Crore money out of 10K initial capital. Please do understand to become such a trader you need at least 5 years of regular serious study in stock market. It can not be possible just with a luck. and a continuous faithful prayer to GOD. Actually God has made a decision to stay away from stock market just because all of the traders pray to him. so he has to choose the knowledgeable and the experience one. Prayer to the god during trading will not help you to make in stock market.

In reality you can make 20 - 30 % from the stock market on yearly basis if you are doing investment on average basis. In case of trading you can make 10% on monthly basis if you are a real good trader. do not be in wrong expectation. Be slow and try to put your foot on earth and think it is a business, if you are doing in such a rate and compounding your money year on year basis, you will not only become super rich one day but also a stock market guru after 10 to 15 years.

Set your expectation realistically and maintain all the other aspect of the trading strategy, you will be defiantly get your financial freedom soon.

Have a safe trading............

Comments

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