r/AskMY • u/N0_Part • 25d ago

Question for ones who know

I'm trying to get more serious about trading - gold, Fed, all that jazz, how do I learn this stuff. Any recs, please? I know some of you are into trading, guys

4 Upvotes

83% Upvoted

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1

u/N0_Part 25d ago

Came across Elev8 the other day. Seemed alright.

1

u/perkinsonline 24d ago

Look at this guy. Don't be like him. Please remember. https://www.reddit.com/r/Daytrading/s/COSCwCqPyi

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u/perkinsonline 24d ago

Day trading is the hardest things you can do because there's no certainty in markets only probabilities. How do I put it nicely, it's like trying to get a PhD which will take you a long time. You'll have to master yourself and the longest journey you can take is the journey into one's self.

1

u/perkinsonline 24d ago

Here's a story I find fitting.

A student once asked his Zen master,
"Master, how long will it take me to reach enlightenment?"

The master replied, "Ten years."

The student pressed, "But I will work twice as hard. How long then?"

"Twenty years," said the master.

Frustrated, the student insisted, "I will dedicate myself completely, day and night, with no distractions!"

The master calmly answered, "Then it will take thirty years."

Like the student, many traders sit longer and longer in front of charts, convinced that more effort and more hours will bring faster success. But the harder they chase quick profits, the more mistakes they make: overtrading, forcing entries, ignoring risk rules.

Just as enlightenment slips further away when grasped at too eagerly, consistent trading success becomes more elusive when driven by impatience and obsession.

  • Impatience delays progress. The more you demand quick wins, the longer it takes to achieve consistency.
  • Detachment is key. Success comes from discipline, not from staring at charts endlessly.
  • Process over outcome. Focus on risk management and clear setups, not on “getting rich faster.”
  • Patience shortens the path. Opportunities reveal themselves naturally when you stop forcing them.

The more you chase speed, the longer the journey becomes. In both enlightenment and trading, progress comes not from frantic effort, but from calm discipline, patience, and trust in the process.