This is a YouTube video titled "The Importance of Treating Trading as a Business" containing a monologue or talk from May 23, 2024, discussing the mindset and approach needed for trading, emphasizing treating trading as a business rather than a hobby and understanding the reasons behind trading such as financial and time freedom.
You should be treating trading as a business. I think a lot of people move into trading as a hobby. I think the why is not always quite clear. You know, the why is the, you know, the lure of quick money, easy money, which is not the case. So I think you always have to start with your why. So if you know and then multiple whys, I think the buzzwords at the moment is financial freedom time, freedom trading can provide both. And then secondly, I think you do need to treat it as business and why you need to you will be earning revenue at times, but there are also costs, those trades that don't make money. And that's the cost of doing business. It's.
