The reason I tell everyone not to worry and to take it slow is to help everyone develop a wealthy mindset. I understand that everyone is eager to achieve success at a young age and that life presents various difficulties. However, from the perspective of someone who has been through it, the more challenging times are when one must remain patient.
Just like how the poor often lose more in the stock market because they simply cannot afford to wait, the wealthy have accounts with 1000w, and seizing a market opportunity can yield 100w. Meanwhile, the poor may only have 10w, or even less than 10w. Even if there is a 10%-20% increase, it cannot fill the gaps in daily life, leading them to trade desperately, seeking opportunities every day, and ultimately incurring greater losses.
What truly destroys them is not the market, but the pressures of life combined with the anxiety of trading. They mistakenly believe that trading is like a job where they must earn money every day to survive.
The rhythm of a skilled trader is never about winning every day; instead, it is about fighting once every three years, feasting when the opportunity arises, going all out when the trend comes, and then resting and refining their skills when the tide recedes.
A gentleman stores his abilities within himself and acts at the right moment.
The urgency brought on by poverty is as difficult to cure as a terminal illness; only a wealthy mindset can alter one’s fate.

