Hey Trader, Want to know one of the biggest reasons most people fail to trade successfully? It's fear. Fear stops you from making rational, profitable choices about your money. Even though you understand the power of trading… …you don't get started because you're afraid to lose money. Even though you know volatility means bigger profit potential… …you avoid it because you fear the trade going south and losing your savings. Even though you realize that the odds are in your favor… …you pass on the opportunity because of "what ifs". Fear stops you from listening to reason, it keeps you weak and it keeps you poor. Some psychological studies suggest that the pain of losing is psychologically about twice as powerful as the joy we experience when winning. It makes sense, after all, fear is wired into us for survival reasons. But when it comes to trading, it doesn't serve us well. So how can you overcome this fear? Firstly, you need to get educated. Once you understand the risks you're taking and how the market actually works… Fear will lose its power over you, and you'll get a lot better at trading. The reason most people are afraid to go "all in" on trading is losing their hard-earned money. They save their money diligently for years and fear losing it all. So how can we remove this risk from the equation? The best way I know is trading with a funded account. That way it's someone else taking on that risk. If you win, you keep most of the profits. If you lose, you don't feel the pain of the loss. Inside of High-Velocity Wave Trader, we help you qualify for a $50k - $250k funded account. If that's something you're interested in, you should click that link to see how it works. Enrollment closes tomorrow by the way. Enjoy your Saturday! Mark Soberman |
FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT ADVICE. NetPicks Services are offered for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation or be relied upon as personalized financial advice. We are not financial advisors and cannot give personalized advice. There is a risk of loss in all trading, and you may lose some or all of your original investment. Results presented are not typical. Please review the full risk disclaimer: https://www.netpicks.com/risk-disclosure |
Saturday, June 22, 2024
Is FEAR keeping you from trading success?
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