Part 7/10:

The explosion of young money gurus post-"The Wolf of Wall Street" has contributed to an inflated expectation for quick returns with minimal effort. Beginner traders often succumb to hedonistic biases—seeking maximum rewards with minimal pain—leading them to believe in the myth of an effortless pathway to wealth. This emotional manipulation preys on their desires, leading to a perpetual cycle of chasing losses in an environment designed for their failure.

Furthermore, the emergence of a "greed dilemma" complicates matters. While many enter trading driven by the allure of wealth, they soon discover that focusing solely on monetary outcome is detrimental. Successful trading requires emotional detachment, an understanding that the process is more critical than the eventual profit.