Why Some People Should NEVER Trade – Larry Williams’ Advice
📊 Why do so many traders fail? Larry Williams shares a hard truth: Perfectionists struggle the most in trading! The market is full of randomness, and if you demand certainty, you’re setting yourself up for frustration and bad decisions.
💡 Key Takeaways: ✅ The market is NOT perfect – randomness is part of the game
✅ If you can’t handle uncertainty, investing in mutual funds might be better
✅ Perfectionists tend to overanalyze, hesitate, and fail
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There are some people that just should
not try to trade or do serious investing
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on their own. Because the market is not
perfect. There's so much random activity.
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And what I do as a trader or an investor.
So if you demand things be exactly your
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way and you can't handle it if it's not
your way. Oh, throw away your charts.
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Just buy a mutual fund and hold on to it
forever. You're going to feel so frustrated,
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and that frustration will cause you to make the
wrong decisions in trading or investing. The one
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that absolutely, you know, from all these years
of working with thousands of traders throughout
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the world is perfectionists, have the most
difficult time becoming successful in the market.