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The Ugly Truth About Trading - Is He Right? | Jon Reacts
Well, I asked and you answered. I'm reacting to a video, that in the end is something I think every trader should know. In this video, Nicholas explains how most of the reasons people get lured into trading are actually false economies. People use your pain points to tempt you to start trading, but it only makes them worse. The truth is, learning to trade comes at a cost.
If you're desperate for money, trading probably won't solve your immediate financial problems. Instead, it will most likely make your financial situation worse in the short-term. Likewise, if you're trading to have more time or freedom, you'll have even less of that while you're learning.
Trading can provide an amazing life, but it takes time and skill to develop. Most people learning to trade are motivated by money and material possessions, and they're more likely to give up when things get tough. Intrinsic motivation is what keeps successful traders going.
Don't fall for the marketing tactics of people who use your pain points to tempt you into trading. Instead, find a better way to solve your problems and pursue trading only if you're passionate about learning it.
His Link: I suggest heading over there and checking him out.
Ugly Truth: https://youtu.be/wEs0VPmq9XU
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