It seems that most people today are in a hurry. Rushing to get ahead everybody else. Rushing to get early to the office to avoid a memo. Rushing for promotion at the shortest time possible. Rushing to settle down and have a family. Rushing to look more matured by imitating trending styles from head to toe. Rushing to get things done according to plan.
In the world of stock trading, newbies aggressively aim for quick profits. Newbies are lured into different investment scams. Newbies are slaughtered like hogs by the pack of wolves. It happens all the time because of greed.
There is absolutely nothing wrong with the goal: "to make money in stocks in the short-term or long-term." However trading should be treated as a process and not as a race. In one way or another, you will outgrow other people who do not exert much effort in studying and developing their skills. Since it is a process, there has to be a system because this will provide a balance between the normal life and your (hidden) addiction in trading.
Remember 3Ps – Purpose, Patience, Perseverance. Lacking of any of these three qualities will make you more susceptible to greed. Do not be envious or jealous of other people’s success. Instead, focus your energies in finding better ways to overcome your own weaknesses.
You can be a good and successful trader but do not forget that there are also other aspects in life that can make your learning process more meaningful. A good character is better than a famous title and a good heart is always better than recognition.