Let’s be honest. Getting a stable income as a trader is not easy. Most people who enter the financial market come out of business and continue to do good work – they lose their money. There are many reasons for this: some people do not think much about the trade, others think it is more fun than hard work, they do not want to learn and gain new skills.
Why spend more money and most importantly, how do you manage your losses? We hope that after reading this article, you will find the answer to every question.
Being too smart
It’s not because you’re clever that you’re going to lose money. In truth, the most professional traders in the financial markets are knowledgeable traders. On the other side, believing that you can be extremely intelligent is dangerous.
They think they can win the market, which is actually for rare and perfect happiness, not for intelligence. The truth is that the majority of them move along as soon as possible and wind themselves in a scenario where they are likely to become disoriented.
There are very few foreigners who can attest that they have surpassed the entire market. Be modest, do business in style and do not resist – this is what real estate agents believe.
wisdom
Marketing is not like life. In the financial market, positive thinking will not make you happy. Negative and positive ideas should be avoided because they can sabotage your marketing efforts. Try to have a calm and relaxed head. Very useful.
Eagerness is similar to covetousness or ravenousness in that it denies the evil of a reasonable share of the money. If your trading system tells you that another skill you can learn to improve your trading results is likely to confuse you.
No management issues
You can bet all the money in one shop or you will win. But after one or two deals you lose and you lose a lot. Those who do not perform effective risk management and thereby lose some of their marketing funds may lose everything.
Conservative investors believe that investing should account for no more than 2% of total assets. Take 5% if you’re lucky. However, you are not giving up 100% of your money for a “very lucrative contract.”
Robot Trade
There is no single successful strategy and robot that can deliver natural results in the long run. The ones that will donate you a one-time rebate “Super Trader 3000” are cheaters. After all, who would buy a robot that feels good about itself that can always win? Wouldn’t it be a good idea to leave a golden egg in a secret and careful place and keep it for once? Way better a destitute horse than no horse at all.
Adds a missing condition
You have no idea how many traders add a losing streak to their portfolio. There is nothing wrong with looking at your situation when you are afraid for your safety. However, before you spend any more money, there is a better option. Consider lowering your expenses. If you know how to go against yourself, going out fast is the best solution.
