Estéfano Santos, from X-Trader, says that haste is not rewarded by the market and that beginners should not compare themselves to veterans
A Nasdaq Futures trader for more than 10 years uses the trajectory of Warren Buffett, now 96 years old, to criticize the idea that it is necessary to get rich quick.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM X-TRADER TV · 2 MIN
Warren Buffett is 96 years old, and the fortune that made him one of the richest investors in history is, in the opinion of Estéfano Santos, founder of X-Trader, the end of a long journey, not the beginning. The comparison was made in a video published by the X-Trader TV channel, aimed at those operating in the financial market.
According to Estéfano, Buffett started investing as a child. It took decades, he says, to build heritage, experience and knowledge. Anyone who observes investors today, he argues, only sees the outcome of this trajectory.
Estéfano's criticism is aimed at a common type of message on the internet, which, in his opinion, leads people to believe that those who don't get rich quickly are late. The result, he says, is a distortion of perception about one's own time in the market.
The problem of comparison
In trading, according to Estéfano, the phenomenon repeats itself. He describes the case of someone who starts trading today and, six months later, looks at someone who has been in the market for ten years and wonders why they haven't reached the same level yet. For the trader, the doubt arises from an error: comparing the beginning of his own history with decades of someone else's career.
Estéfano, who has operated Nasdaq Futures for more than 10 years, reports that he also needed time. He said he made a mistake, took a loss, started over and studied until he built his own method. In the video description, he states that, in markets like the Nasdaq, it is not enough to know a strategy: you need to learn how to execute, respect risk and develop consistency over time.
Process before result
The conclusion presented by Estéfano is that the market does not reward haste. In his view, consistency is built with experience, method, risk management, discipline and emotional maturity, and respecting the process is part of the result.
For investors and beginning traders, the channel's message is one of patience: continue studying, evolving and respecting the process, without measuring the first steps based on another operator's years of experience. “You’re not late, maybe you’re just at the beginning”, summarizes Estéfano in the video.
The content expresses the author's views and does not constitute investment recommendations. Trading in risky markets, such as Nasdaq futures, involves the possibility of losses.
Automatically translated from Portuguese.
