Trading Strategy 100: Trade To Win: Stop Gambling In The Market And Master The Art Of Risk Management When Trading And Investing Why do you think most people lost their hard-earned money when investing and trading?
Investing and trading is hard. No argument about that.
However, most people make it complicated and in turn, successfully cause the myth that only insiders can make money in the market.
Everyone --- who is willing to put the time and efforts --- to learn the correct techniques will be able to be a consistently profitable trader / investor in the market.
Any financial market --- from stocks, bonds, futures, options, commodities, and even Forex.
How so? Aren’t they all different instruments?
They are different, but human nature is always the same. And that is the reason understanding the basic of stock chart analysis is critical for every trader – investor out there.
Why? Because human emotions --- especially greed and fear --- are all mapped out on the stock charts.
This book will allow us to review some of the basic stock chart reading skills and I can guarantee you, they will add values to you.
Now, making money consistently in the market, however, does not solely depend on the skills outlined in any of the Trading Charts Don’t Lie books.
And even if people have finished reading and understanding 7 Secret Steps Of A Sure-Fire Trading System and 10 Enigmatic Trading Price Action, there will still be HUGE chance those people will fail. After all, 85% failure rate (in trading) is huge.
Don’t get me wrong. All those techniques are important.
Yet, without the correct money mindset, a trader or investor will subconsciously block himself from achieving the success he desires so much.
The right attitude towards personal finance includes the disciplines to follow certain trading rules and risk management.
Without that disciplines, there would be practically improbable for someone to see trading as business. And if one wants to make money consistently in the market, then one has to STOP treating trading as a hobby and start looking at his/her trading decisions as business decisions.
After all, making profits is the only reason we are all in this market.