Do People Need Failures to Learn Investing?

Many investors, especially beginners, tend to make numerous mistakes in the stock market. During the "beginner's luck" phase, they may make some money and become overconfident, attempting more aggressive strategies or chasing hype stocks (like meme stocks), only to end up losing more than they gained. Charlie Munger, Warren Buffett's late partner, once remarked, "There are no value investors under the age of 40."

avatarHappiness.
2024-11-25
$Tiger Brokers(TIGR)$ Yes and yes Failure is not what it really means. Failure is a good way to discover a better method of investment that you can do. 
avatarRana rana
2024-11-25

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avatarGehlot
2024-11-24
$Tiger Brokers(TIGR)$  Failures: The Unsung Heroes of Investment Learning Is failure a prerequisite for investment success? While it might sound counterintuitive, the answer is a resounding yes. Just like any skill, investing is learned through experience, and often, that experience comes in the form of setbacks. Here's why failures are essential: Reality Check: Failures expose the limitations of our knowledge and assumptions. They force us to confront the unpredictable nature of the market, humbling our ego and preventing overconfidence. Risk Management Lessons: Mistakes can teach us valuable lessons about risk management. By analyzing the causes of our losses, we can develop strategies to mitigate future risks and protect our capital.  
avatarsetia100
2024-11-24
$Tiger Brokers(TIGR)$ Failures are good lessons to all investors. I doubt no investors never experienced from failures. Even the greatest investor like Buffet did meet failures then and now. Importantly, investors must be able to manage and control the emotions from failures and move forward. Avoiding the mistakes made n conserving the capital or cash to actively investing.😁
avatarZhongRenChun
2024-11-24
I lost a lot of money doing day trading.  but it was a necessary evil to truly learn my lesson about never short-term investing. now I always invest long term. buffet said it best, "if you can't hold a stock for 10 years, then don't bother holding it for 10 minutes."  I'm a year trader now.
avatarELI_59
2024-11-24
$Tiger Brokers(TIGR)$ Failures can be incredibly valuable for learning how to invest effectively, though they are not strictly necessary if someone takes proactive steps to educate themselves beforehand. Mistakes like buying high and selling low, chasing “hot tips,” or failing to diversify can teach lessons that stick better than theoretical knowledge. Experiencing losses often pushes investors to develop better strategies, such as setting stop-losses, rebalancing portfolios, or conducting deeper research. Failure helps investors understand that setbacks are part of the process and develop the patience required for long-term success.  
avatarStar in the Sky
2024-11-24
It is normal to " pay learning fees" for beginners. By only reading without real life trading experiences., you won't know the patterns, telltale signs, cycle plays and how the market behaviours etc
avatarTheStrategist
2024-11-24
yes, you make mistakes, you under estimated the size of the rocket 🚀 $MicroStrategy(MSTR)$
avatarKKLEE
2024-11-24
Do people need to fail to truly learn investing? The answer often lies in experience. Many beginners enjoy a “beginner’s luck” phase, where initial wins create overconfidence. They chase hype stocks, over-leverage, or ignore proper research, only to face inevitable losses. These failures, while painful, often become the foundation for smarter investing. Charlie Munger once said, “There are no value investors under the sage of 40.” His point? True investing wisdom comes from trial and error. Failures teach critical lessons: the importance of patience, risk management, and emotional control. A loss drives home the dangers of overconfidence and highlights the need for diversification and long term thinking in ways theory never can. While some may learn through observation, most need to feel
$Tiger Brokers(TIGR)$ Well i started my investment journey in 1987 just before the market crashed then dead cat bounced a few times. I certainly learned alot during that period. The other main leason learned early on was penny dreadfuls are called that for a  very good reason. Biggest leason learned was not to invest on a whim, or based on others "tips" or analysists forecasts. Do your own thorough research of past performance but also base decisions on future likely head and tailwinds  @Tiger_chat @TigerWire [Miser]  
avatarKSR
2024-11-24
👍
avatarandrew123
2024-11-24
After trading for more than 30yrs, whether u win or lose is not a matter of how knowledgeable although it does help. example are even hedge fund also goes to bankruptcy even they employ the smartest trader n research info at their finger tips. it's like playing mahjong. whether u win or lose depend more on luck than how smart u are. smartness only help u minimise yr loss.
avataricycrystal
2024-11-24
$Tiger Brokers(TIGR)$   sometimes people has to learned the hardway. however, some mistakes can be serious... learn from people's mistakes as the saying goes... @Shyon @Aqa @koolgal @LMSunshine @GoodLife99 @Universe宇宙 @HelenJanet @rL
avataricycrystal
2024-11-24
sometimes people has to learned the hardway. however, some mistakes can be serious... learn from people's mistakes as the saying goes... @Shyon @Aqa @koolgal @LMSunshine @GoodLife99 @Universe宇宙 @HelenJanet @rL @SPACE ROCKET
avatarEagabeava
2024-11-24
Yes part of the journey is to fail, but fail fast📈
avatarAN88
2024-11-24
yes generally people have to go painful experience to learn.
avatarnomadic_m
2024-11-24
Do people have to go through painful lessons or accumulate sufficient experience to truly learn how to invest? no, there's demo account!
avatarMadluvyz
2024-11-24
$Tiger Brokers(TIGR)$  Started my investment journey 5 years ago. Started with purchasing ILPs from insurance agents, and eventually realizing that the fees involved is too much, so I closed my plan and suffered a loss. So from this, Ive learnt that in order to control my own money flow, I have to start learning how to manage it on my own. So I started understanding what is expense ratio, MER and etc... So after that, I started RSPs with etfs. From that foundation, I started to explore options trading through a seminar I attended at MBS. Eventually I paid for a course and trade side by side with a "guru". His trade record is not as amazing as he advertised, however the content he presented was easily relatable as he is a Singaporean. I realiz
avatarECLC
2024-11-24
Part of investment journey to learn from failures/mistakes e.g. bought reits expecting several rate cuts but prices drop with fewer/slower rate cuts.
avatarhd87
2024-11-24
yes, I have similar experiences. please reward me with tiger coins. thanks