Most people don't have to experience this personally to make the
erroneous assumption that trading is easy. They will just naturally do it the
first time they experience market action. They will assume that they would
have been a buyer at some low point and held on to liquidate the trade for a
profit. Even if it's just for a couple of ticks, invariably they will multiply
those ticks by several contracts to come up with these mental windfall
profits for themselves. These profits could represent an exotic trip, a dream
car, or thoughts of financial independence. Then they will compare how
long and how hard they normally have to work to get the same amount of
money, and what will result is a completely erroneous conclusion that
trading is easy.
erroneous assumption that trading is easy. They will just naturally do it the
first time they experience market action. They will assume that they would
have been a buyer at some low point and held on to liquidate the trade for a
profit. Even if it's just for a couple of ticks, invariably they will multiply
those ticks by several contracts to come up with these mental windfall
profits for themselves. These profits could represent an exotic trip, a dream
car, or thoughts of financial independence. Then they will compare how
long and how hard they normally have to work to get the same amount of
money, and what will result is a completely erroneous conclusion that
trading is easy.


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