I used to identify a ton with being a "trader" - for a while it was cool to tell people you're a trader, they immediately get interested and it's a great way to flex.

However, (1) It's in NO way useful to anyone except your own ego and (2) If you're genuinely not earning a living from your trading then even worst you are propping up a veil of deceit to everyone you meet.

I've done both.

Yes I was broke telling people I was a trader and then I became profitable and kept bragging I was a trader.

Now I barely mention it to people.

Quick side note: I'm not shaming the people with a dream who truly believe they can be traders and thus tell everyone they meet aka speaking it into reality, but understand the stark difference between delusion and reality and ultimately your trading will improve.

Delusion kills accounts.

Literally.

That's why we lose.

Delusion in analysis, opening and closing a trade is the symptoms of most ailing patient in the trader universe.

So in closing all I'm saying is be careful how you speak to others, but more importantly to yourself.

See you in the next episode Ninjas!

Nick
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