Yes that's true, options are riskier, but I think that somewhere this risk component can be managed by playing the game with caution. Everyone should be careful on risk management.

Agreed, that goes for me as well. I won’t say that people who like to stay alone, only they trade, but rather, people who trade prefer doing it alone. A lot of concentration is required to strategize properly here, for which its better that a person ...

Interested to learn. Can you please elaborate the fundamentals that you are talking about?

That confidence in oneself is basically what is missing, which shouldn’t. Traders wish to achieve perfection in the start itself, which isn’t possible. As you said, “you get to trust yourself over time”, this is what people need to understand. It ...

True, this is what traders are going wrong at. Numbers matter most for them and that’s wrong.

Yes, that’s what it is, general discipline. But still easy to say, difficult to manage. Many traders can’t handle trading with that disciplined attitude, they always mess up things.

My first trade was just for $500. increased it gradually though.

Not always but it’s a common theme. People lack basics and research, following other calls and no risk management. Even they have but they go out of boundary. No wonder majority’s mindset are not strategically developed.

Well that’s amazingly put. Our biggest enemy is truly the over confidence we possess, that we know everything. This very attitude takes us closer to failure.