Short spoken commentary from Kardec Trader arguing that new traders commonly have unrealistically short time horizons for success (expecting profits in weeks or months). The speaker advises adopting a multi-year learning timeframe (e.g., two to three years) and cautions against taking large position sizes and risky trades in pursuit of quick gains.
I think the biggest problem people have is the time horizon on making it in trading is very tight. So someone enters the market and they're like, hey, I have to make it in one month, I have to make it in two months, I have to make it in three months, right? Instead of saying, hey, let me give myself two years or three years of real two, three years, where I dedicate time to it instead of trying to hit big home runs so they don't start taking big size, big risks and stupid trades and just try to, you know, make a lot of money in a short period of time.
