26 Valuable Trading Lessons Learned After 20 Years Of Trading Experience

August 2021 marked my 20-year anniversary as a full-time investor (day trading 2001-18) and I have learned a few trading lessons (this piece is written by Oddmund Groette). I started trading when I was laid off after the dot com bubble and dumped by my girlfriend. I thought this was a perfect time to follow my passion and start trading (and investing). It could only go one way, and that was up!

I present in random order the 26 trading lessons the markets have taught me. It’s been an interesting journey with a lot of ups and downs, but luckily most ups. I have gained some invaluable insights, not only about the markets but also about myself. There is no university for trading and you have to learn on your own via the market’s own trading lessons. Luckily, experience is the best teacher there is. The best way to learn to be a trader is via trial and error.

I have made money every year as a trader, almost all months as well, and this has provided me with some trading lessons that I believe others can benefit from. But first….: