$Tiger Brokers(TIGR)$ Stock trading is inherently more stressful than stock investment. For the former your aim is to make quick money, need constant monitoring n feel extremely depressed when market turns against you.
I have learnt to hollow out my heart whenever I seize opportunity to trade with spare cash, win very happy, lose not feeling sad, since I was prepared for any outcome. I don't trade big sum, but I invest big sum for long term, more to obtain dividends to pay bills.
Know your personality. If you are the type that is extremely risk adverse and feel depressed easily, best not to enter stock market. There are other risk free ways to make decent returns.
Most beginners tend to lose some money, but you gain more confident and knowledge to make less losses and more gains if you invest with caution. Reading up and reading fellow tigers comments and experience helps.
In summary, every investor has lost money, some recovered, others never. That is life in the stock market. I prefer to invest rather than trade. I prefer dividend paying stocks than pure capital gains stock. I deploy DCA to quickly get out of any stock to reduce the pain of holding it. It works for me.
Sharing personal perspective in my journey in the stock mkt. Best wishes to all and encouragement to those new in this adventure.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Great article👏🏻