5 Hidden Secrets About Stock Market That You Can’t Learn From Books

I was 33 years old when I quit my well-paid IT job and became a full-time trader.

In this journey, I witnessed some people who made more than 1 crore ($150K+) in a day and also saw many people lose every penny of their savings.

I have also learned many valuable lessons that tremendously changed the way I saw trading, life, and the difference between those who “make it” and those “who fail.”

Here are the 5 crucial lessons every person should know/understand before they take trades in the stock market:

1 — Failure is inevitable in Stock Market Trading:

Most people have a common upbringing which develops a common thought that “failure is bad” in our mind.

It can be in high school, college, or at the job. People feel terrible whenever they get some failure because of the reactions from others. Hence they try to rectify it by passing the exam or getting a good job.

We apply the same logic unconsciously in trading and lose money. Nobody will get 80% or 90% accuracy in trading, and most successful traders will only have 40–60% accuracy in their trading.