From the outside looking in, trading appears to look like the easiest way to make money. With just a few clicks of a button, traders have the opportunity to make a year’s worth of income in a single week.
But for those of us who have been in the stock market for any amount of time know how laughably wrong this is. There’s a reason why 95% of traders end up losing their money.
After a day in the red, traders are usually gun shy… electing not to enter into positions that they normally would have…
The biggest hurdle is overcoming your emotions… and not letting them get in the way of your next trading day. Winning is easy, but going into another trade after a huge loss can feel overwhelming.
So, how do you overcome this?
It begins with understanding that trading the markets has both its highs and lows — something that the elite 5% have mastered.