When you ALMOST get a buy signal or sell signal and you are really itching to place that trade, or when you are waiting and looking for extra trades to take, watch this video first.
When you ALMOST get a buy signal or sell signal and you are really itching to place that trade, or when you are waiting and looking for extra trades to take, watch this video first.
Fear causes many retail (and professional) traders to second guess themselves, exit trades too early, skip trades they should take.
This happens because none of us want to lose money trading and when the market gets volatile or starts falling it is all too easy for this fear to impact your trading psychology and hurt your trading decisions.
Letting any emotions get in the way of your trading is a mistake and will cause you to lose money trading.
The best solution to eliminate this trading mistake is to have a correctly backtest and profitable trading system that you have 100% confidence in.
Most traders try to get into new stock trends TOO EARLY – find out why in this video. Stock trading system development is a series of trade offs, and most stock traders get this trade-off wrong. The fear of missing out drives you to want to enter early, but the downside is too many false entry signals.
You can make money in volatile market conditions caused by world leaders, geopolitical events and uncertain economic conditions. But you cant keep trading the same way as you do in a bull market… nor can you let fear get the better of you and dump everything and go short.
Bold marketing claims for trading advisory services, indicators, traders wanting to manager your money or trading systems can be tempting… but appearances can certainly be deceiving, as I found out in Milan.
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The Solution is to take control of your stock trading, backtest everything for yourself and become an independent and systematic stock trader.
Stock Trading Video from John Day Fossil Bed National Monument
Momentum is critical to your stock trading success. Not market momentum, personal momentum! The biggest thing I find that slows momentum in traders is overwhelm about all of the ways they could trade the stock market.
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There are countless stock trading indicators, trading strategies, instruments, trading systems to choose from. Unless you get completely clear on your stock trading objectives this can be overwhelming… and trading overwhelm causes inaction which leads to huge opportunity cost and loss of future wealth.
Do you want to make more money trading? Chances are your first impulse to make more money is to find more trades, trade more often, look at the market more regularly.
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Unfortunately the markets dont work like this. The markets are counter-intuitive Im so many ways and if you want to make MORE MONEY then you probably need to TRADE LESS often. Watch this video to find out why.
Recent Stock Market history is never representative of what could actually happen in the markets. The Risk you face as a new trader is coming to the markets thinking that what we are experiencing. Now (whatever that is) is normal.
Learning to trade stocks makes far more sense than leaving your money with a Professional Fund Manager – Here is why !!