I wonder how many supposedly consistently successful retail traders are actually just picking up pennies in front of the steamroller, and would eventually lose it all if they kept at it long enough.
also I wonder how many people have runs of very good performance interspersed by big losses, such that the overall net gains are relatively modest, but psychologically they only remember/recount the runs of good performance, whereas the losses were just bad luck and will be avoided next time.
I wonder how many supposedly consistently successful retail traders are actually just picking up pennies in front of the steamroller, and would eventually lose it all if they kept at it long enough.
also I wonder how many people have runs of very good performance interspersed by big losses, such that the overall net gains are relatively modest, but psychologically they only remember/recount the runs of good performance, whereas the losses were just bad luck and will be avoided next time.