Is Being Broke the Worst Starting Hand? Not Necessarily.
Sometimes people lack money, time, energy, intelligence, and emotional stability. And with a childhood full of shadows and scars, even a slight touch in adulthood can trigger uncontrollable emotions.
Wealth is a magnifying glass of human nature. The personality that seems fine from afar is fully exposed when it comes to money.
If your trading system follows the rule "buy on red, sell on green," trading itself is straightforward—like using a net to pan for gold, keeping what fits the rules and filtering out what doesn't.
But for certain people, it's extremely difficult.
When the red light hasn't turned on yet, the market is still rising. Every second brings the torment of FOMO. People sometimes count these missed opportunities as their own profits, thinking, "I just missed a year's salary! I missed two years!" They imagine how many extra overtime hours they had to work during those two years. Having already endured a hard life, they feel like a camel bearing an immense load—they simply can't handle one more straw.
So they violate the rule of "press the red button when the red light is on." After they press it, unfortunately, the price pulls back. Can they follow the rule and press the green button when the green light turns on? No, they can't. They'll similarly calculate every second as their own loss, wondering how many years of effort were wasted and how many more years of squeezing into the subway commute they face.
So you see? They don't "press red when the red light is on and press green when the green light is on." Instead, they press red because they can't stand missing out, and they press green because they can't tolerate a pullback. Or in another scenario: even if they did press the red button when the red light was on, they wouldn't wait for the green light. During the holding period, they'd be scared of heights, frightening themselves with all sorts of anxieties.
Trading requires emotional stability and never losing control. The problem is, you've been hurt since birth, like an epileptic who occasionally has seizures. So what do you do? You yourself are a landmine—you'll inevitably blow up sooner or later.
Those who can face money without losing their composure—like having the ability to command a battle—are rare. Those who can face large sums of money and still remain composed—like commanding large military forces—are even rarer.