Money can buy a lot of respect, including a certain social status. In this society where money is paramount, most people laugh at the poor rather than the immoral. Friends will treat you differently when they see you living in a villa and driving a luxury car; they will be more polite to you, and imperceptibly, your social status will be higher than those around you. As a result, getting things done will be much smoother than for others. Don't ask me how I know... Do you call them snobbish? There's no way around it; this is human nature, determined by our genes.

At the beginning of life, it's not that human nature is inherently good or evil, but rather inherently self-interested. There's no right or wrong; genes just want to reproduce themselves. If you want to reproduce better, you need to possess more resources and keep moving upwards. In fact, everyone is wearing tinted glasses, ingratiating themselves with those who are wealthier, hoping that one day they might be able to give you a hand.

Social status refers to the position of a social member within the social system. It is generally defined by social norms, laws, and customs, and is often used to indicate the level of social prestige and honor, as well as the possession of property, power, and authority.

Advertisement

From this perspective, the social prestige and power of a full-time trader are indeed limited; what they have is wealth earned through the market. However, your wealth can be exchanged for a certain degree of prestige and power. But the wealth you acquire comes at the expense of others' losses, so some people say that speculators are immoral.

But speculation is an important part of the market economy, with its rationality and morality. Through the buying and selling of traders, it helps to discover prices and promote market liquidity. Why is it immoral? Trading is essentially taking risks in exchange for returns. Although the money I earn is from others' losses, I have taken on the risks, which is very fair.In fact, I often suffer small losses, with a win rate below half. Most of the time, others are making money at my expense. However, when a one-sided market trend comes, many people get wiped out, while it's when I make a killing.

It's disgraceful to lose money as a full-time trader; if you can consistently profit, treating the market as your own ATM, it will make many people envious.

Back in the days when I was losing money, at first, I didn't dare let my family and friends know what I was doing. I knew that without any achievements, speaking out would not gain understanding or support, and it would become an obstacle on my trading journey. There are some paths in life that you have to forge on your own.

Although they eventually found out, the pressure on me became even greater. Of course, I still concealed most of the truth, such as the fact that I had lost more than two million, but I told them I had only lost a little over three hundred thousand.

It was only after I had cleared my debts through trading, bought a house, and settled down in Shanghai that I confessed to my family about the hardships of the past, and they were also surprised at how I had endured it.

Although I myself started full-time trading at the beginning of my trading career, I also lost all my savings and was heavily in debt at first. The fact that I was able to come out of it today has a lot to do with luck. Precisely because I crawled out from among the fallen, I deeply understand the difficulty of making a living from trading, which is why I do not recommend beginners to go full-time trading right away.

After more than 10 years of trading, I have seen countless such traders. To be honest, the outcomes for more than 90% of them are simply unbearable. Only a few have done relatively well. The path of trading must go through a long and extreme process.

If you are not a rich second generation with a family fortune, do not attempt to trade full-time at home. The reason is simple, mainly for two points:

1. Trading requires a large amount of capital to accumulate experience.

2. Before becoming part of the top 10%, before reaching the top of the pyramid, you have no income from trading, and you may even have to invest money to buy experience. This is the fundamental reason why you cannot trade full-time.Share some things I knew before you in trading. There are many things, many truths, and after trading for a long time, you can understand them all. However, society is about who understands first; understanding early and late leads to different destinies.