Heavenly πŸ‘€πŸŒš (@ricchlucid1) 's Twitter Profile
Heavenly πŸ‘€πŸŒš

@ricchlucid1

Great humor

ID: 1543399095204724736

calendar_today03-07-2022 01:00:16

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The price of a commodity will never go to zero. When you invest in commodities futures, you are not buying a piece of paper that says you own an intangible of the company that can go bankrupt.

The price of a commodity will never go to zero. When you invest in commodities futures, you are not buying a piece of paper that says you own an intangible of the company that can go bankrupt.
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Are you willing to lose money on a trade? If not, then don't take it. You can only win if you're not afraid to lose. And you can only do that if you truly accept the risks in front of you.

Are you willing to lose money on a trade? If not, then don't take it. You can only win if you're not afraid to lose. And you can only do that if you truly accept the risks in front of you.
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It was clear to me that other people could trade for a living, and if it was possible for other people to do it, then I could persevere long enough to figure it out

It was clear to me that other people could trade for a living, and if it was possible for other people to do it, then I could persevere long enough to figure it out
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The purpose of trading is not being right, the purpose is to make money, and I think that's my number-one rule. Don't get hung up on your current positions.

The purpose of trading is not being right, the purpose is to make money, and I think that's my number-one rule. Don't get hung up on your current positions.
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Today, people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value

Today, people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value
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Success in investing doesn't correlate with IQ. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people in trouble investing

Success in investing doesn't correlate with IQ. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people in trouble investing
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The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge

The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge
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Do not anticipate and move without market confirmationβ€”being a little late in your trade is your insurance that you are right or wrong.

Do not anticipate and move without market confirmationβ€”being a little late in your trade is your insurance that you are right or wrong.