What’s the worst thing that can happen to a trader?
Getting ‘stuck’.
When we get stuck, we don’t make decisions. We avoid thinking about what’s going on. In the markets, that usually means disaster – losses mount, and with each dollar gone we have to win back 2 just to get into some profits.
Are you stuck? Are you making, and executing, a plan for making a pile of cash?
No?
Maybe this will help?
{ 3 comments… read them below or add one }
Good video I see it as substance no BS. Keep up the good work. By the way I watch your program every day.
I am sorry but I am hit with a massive information overload from all the commentary and prediction I hear everyday.
Am I making money in the markets, yes. But I am doing it my way by slowly building wealth in the forex market using daily charts. The majors have over 100 pips per day of movment, I don’t HAVE to daytrade but it takes a bit of time-months of cerfully analyzing charts for best setups. I don’t listen to the gurus anymore.
Thanks Mac for all the encouragement that you have sent my way over the last 18 months,it has amazed me how you are so correct in seeing my weakness in the stock market,and now I`m just wishing to gain back what losses I have suffered in the stocks and get on with forex trading,I really like this kind of trading and I have become really good at demo,and I guess what I really need to do is realize that I need to sever the ties with the market, take my losers,cash out and move on to the forex retirement program and enjoy lifes FREEDOM. Thanks so much Mike Cosgrove