A trader explains why foundational knowledge and mental preparation matter more than jumping straight into trades. Understanding terminology deeply and building confidence first leads to better results.
If you don't have that solid foundation, it's going to be really tough for you to have, first of all, a full understanding of things. But it's also, additionally, it's going to be even. It's going to be tremendously tough to have the level of confidence that you want, and, of course, you know, the effectiveness and getting the results that you want. And so it's super important that you make sure you get that good, solid foundation where you have all the skills, you understand all the words, what they actually mean, not just, you know, okay, I've heard it, and I understand how it's used. It's like, no, you. You actually understand what it means. These are critical because trading is a mental game. It is one where you're mentally processing things.
