recently
i came across a phrase
which initially disturbed me.
"trader who died rich
is the one who dies early."
even livermore died broke!
--
what's the logic behind the above
seemingly un-nerving phrase?
should we not trade?
is trading useless?
i don't think so.
i searched for a suitable answer.
and after some deliberation
i found one.....
---------
if one makes millions from trading
and keeps trading like jesse livermore
he is bound to succumb to
some unguarded moment
and lose it all.
but
on the other hand
if a successful trader
after making millions
was to turn into an investor
he is assured of dying rich
(if at all he ever dies).
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