How not to be part of the herd - 80/20 Principle

As some my subscribers may know, one of my jobs involves trading in financial markets. Most people, after reading or hearing this, probably imagine something along the lines of: "This is a cool profession that’s always in the movies, where all the finance guys are constantly making calls and telling people to buy or sell. They make crazy amounts of money!" In fact, very few people, outside those that deal with financial markets directly or indirectly, know the actual truth. It looks more like this:

❌ 80% of traders fail, suffer huge financial losses, forget what a good night’s sleep is, lose their health and so on
✅ 20% earn money or break even

Like many other traders, in addition to experiencing success, I went through a long and difficult psychological journey. Throughout this journey, there were plenty of were sleepless nights, heavy financial losses which were enough to buy more than one apartment, and many other problems. All these experiences helped me realize how the 80/20 PRINCIPLE works, how not to be part of the losing 80%, and how to join the winning 20%.

This is doesn’t only concern financial trading – this rule works wherever the factor of human psychology is present.

If you want to learn from other people's experience, instead of filling your head with nonsense, I recommend that you study how this principle works.

Best regards, Amigo

Channel - t.me/AmigoWorld