I like to say my first three years of trading were like being in an MBA program — I learned a lot!
All Aboard the
"Doobie Train!" | | | Tonight at 8pm ET, market expert and Midas Letter founder James West is taking WPTV viewers on a deep dive into the cannabis sector... Explaining how he thinks viewers can make a quick move to this underappreciated sector.
James has done his research on this subject and will be explaining to us: What the growing demand of medical marijuana means for the industry… How U.S. retail cannabis sales are on pace to rise 40% in 2020… And what upcoming changes the U.S. government could be making that would "light" this industry up! | | | | | | | Jeff Z | Jeff Zananiri spent over two decades on Wall Street learning how the best made consistent money in the market. | | | | | | Want to Be a Better Trader? Learn From
Our Mistakes | | | | | I like to say my first three years of trading were like being in an MBA program — I learned a lot!
I made mistakes and I took notes… Tracking my trades, noting why I got into them or why I avoided them... Why they succeeded or why they failed.
After reviewing my research, I realized the times I struggled the most were where I tried to impose my own will onto the market. Like FOMO, for example, or the fear of missing out.
When I took that thought process out of it, I saw better returns! I started approaching every day as a new opportunity, and my investments started doing a heck of a lot better!
This is the thought process we need to have leaving August and heading into September.
Keep in mind, you are your own worst enemy. Don't sabotage yourself. Don't fight what you're seeing based on your emotions.
If you're interested in exploring my trading past to better prepare you for your trading future, join me now. I'm sitting with my friend, WealthPress Head Trader Roger Scott,to participate in a roundtable where we discuss, not only our trading pasts, but what we see in the stock market's future! | | | | |  |
| August 31, 2020 | As we make our way into September, I can't help but think the upcoming month won't be able to live up to the uniform bullishness we saw come out of the market during the previous weeks. In fact, based on this set of clues I've seen in the market, I'm thinking September will prove to be a bit dicier than August.
Continue Reading | |  |
| August 30, 2020 | High flyers like stay at home stocks flew even higher this week and several well established companies continue to struggle due to virus concerns. The problem some investors are having right now is they're looking for a seamless transition to happen in the market and that's just not going to happen. The market doesn't work that way. Traders need to be aware of what the market's doing, why it's doing that, and what might happen to change it.
Continue Reading | | | | |
0 Response to "Want To Be A Better Trader? Learn From Our Mistakes"
Post a Comment