Most post about their great days and remain silent when they l | TRADERS ACADEMY
Most post about their great days and remain silent when they lose it back and more. It leads to a very positive exposure while it's only the tip of the iceberg.
This all is the reason why spending money as a trader is a particular challenge. your cash flow rate is evolving and impossible to calculate during the first years. Even after it, it is still complicated.
I see too many make 1 million, spend 300k on car, 50k on a watch and lose 50% of their account... They still have to pay taxes and are left with 250k.
They just pretty much blew it just because they believe in a wrong idea of trading. Give yourself time to evolve as a trader.
Success is sometimes the hardest thing to manage. I myself had major health issues with anxiety and panic attacks while breaking records.