I can’t agree more with Maria Popova. I am an ardent follower of Brainpickings where she blogs on life, philosophy and everything in between. The lesson in one of her blogs that struck a chord with me is the one which she titles “7 Things I Learned in 7 Years of Reading, Writing, and Living” where her last lesson is about “The myth of overnight success is just that, a "myth"” in which she talks about why anything that is worthwhile is bound to take a long time.

I bring this up because, this is quite the opposite to how an up-coming trader views his or her success in the field of trading. More often than not many newbie/wannabe traders (have been speaking with quite a few off late, hence this blog post) that I have interacted with seem to get in because of its glittery-fast-lane image and the purported freedom from outside control.

Believe me that was my preface as well - independence and fast money, only to be put in place by having my skin in the game… and boy did I get burnt!!

So fellow (new) traders, at the risk of repeating myself, it will take time, effort and ‘deliberate practice’ before we truly can see some success. There ain’t no silver bullet.