What No One Tells You About Consistently Profitable Trading

If you had no money and I gave you one dollar, would you consider yourself financially wealthy?

Most people would say no.

What if I gave you $40 million instead? Would you consider yourself financially wealthy then?

The answer is probably “yes”.

Therefore, this means if I kept giving you one dollar over and over again, there would come a point in time where one extra dollar would be the difference between being wealthy or not.

The question is, what is that point?

This is known as the bald man paradox and it relates to a strange problem with newly profitable traders.

Newly profitable traders end up disappointed

When traders start becoming consistently profitable for the first time, something strange often happens.

They become frustrated and disappointed!

The problem relates to the term ‘consistently profitable’. It’s usually treated as a destination to be reached rather than just another milestone in the learning process.