"I get where you're coming from—having multiple income streams definitely reduces risk. Trading requires capital, and balancing it with a full-time job can be a smart way to stay financially secure. But success in trading isn't just about doing everything at once; it's also about focus, strategy, and continuous learning. Some traders thrive by dedicating themselves entirely to the craft, while others prefer to keep it as a side hustle. The key is figuring out what works best for your risk tolerance and long-term goals. At the end of the day, trading isn't a one-size-fits-all journey. Some people do it all, and some carve out success in their own way.
That’s an interesting perspective! Trading does have simple principles at its core—buy low, sell high—but mastering it takes more than basic math. Psychology, risk management, and market understanding play huge roles. While excessive analysis can lead to hesitation (or "data analysis paralysis"), informed decision-making still matters. Some traders succeed with a minimalistic approach, while others rely on deeper research and strategy. The real challenge is balancing intuition with knowledge—finding the sweet spot between simplicity and necessary complexity. What’s your take on that?
A college degree or MBA isn’t a strict requirement, but structured education can refine analytical skills and broaden perspectives—both valuable in trading. It’s less about formal credentials and more about cultivating the right mindset and continuous learning. Education, whether formal or self-directed, definitely sharpens the mind and helps with decision-making, which is crucial for both trading and life. Solid insight!
MBA is one of the best degree in the world which can give a employment and self employment. unlike a teacher or journalists.
There is no such animal as advanced economics except as a subject invented by economists to maintain/increase their income/
Yeah in us everything is to expensive. also they don't provide any extraordinary information. In Europe all there degrees are almost free and more well experienced nominated teachers to guide you. Doing any degree in us will lead you to debt first then your job.
20% of the profits +2% of the value of the assets can add up to a lot of money. The 2% in particular can be a lot of money even when performance is mediocre.
Well if you look the system all of the educations which anyone learn is coming from someone and filling their pockets. Its not just about economics even eco can be good to learn and think. not like a useless political science or history.