Have You Been Lied To About What Trading Is About?

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  • March 24, 2014

 

 

Have you been told, or have you unintentionally convinced yourself about these lies about money and trading?

 

These lies cause 97% of financial traders and investors to make most of the money losing mistakes that exist.

 

Please scroll down to see part 2, beliefs and lies about trading.

 

Please Comment Below And Share What The Top Two Insights Were For You About This Post.

 

 

Part 1

Beliefs & Lies About Money

 

 

 

 

Part 2

Beliefs & Lies About Trading

 

 

 

 

 

4 Comments

  • Anthony Gill says:

    Thanks for the insightful video Patrick.
    It follows that a trading system should capture moments when there is a high probability that the price will move in a given direction.
    Conversely it should keep you out of the market at times when the probability of the price going in any direction is the same, i.e. price is unpredictable.

  • John says:

    There’s nothing wrong with making money.
    There’s no such thing as having too much money.

  • Derek says:

    Great insight about treating trades as a block rather than individual transactions. No guarantee that any one trade will work out, but if you have tested and have confidence in your system that puts the probabilities on your side, then a block of trades should work in your favor cumulatively. This is a perspective that needs to become a consistent state of mind.

  • Rudi says:

    Great insights into mental preparation before trading

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