According to Lex Sokolin, investing requires patience, discipline, and delayed gratification, while trading centers on avoiding bullets, underscoring a risk-avoidance and capital-preservation mindset for active traders; source: Lex Sokolin on X, Dec 3, 2025. The takeaway for traders is to prioritize loss avoidance and drawdown control over return chasing when making short-term decisions; source: Lex Sokolin on X, Dec 3, 2025. No specific assets, entry levels, or timeframes were provided; source: Lex Sokolin on X, Dec 3, 2025.