Has this happened
to you?
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Shorted the bottom
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Bought the top
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Got in too soon
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Got out too soon
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Blew up your account
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Blew up your account more than once
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Hung on too long and ended up losing a profitable trade/position
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Stopped out the majority of the time
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Screamed, yelled, cried, asked "Why me?"
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Started guessing and second guessing
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Convinced the market is always against you
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Margin calls more than once
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You lost more than $500 on one trade or more than 10% of your capital on one trade
Have you possibly wasted your money on:
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People who NEVER sat on a trade desk giving you trading advise and charging you a great amount of money for very little time and learning in return with limited ability to ask questions?
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Online trading schools that charge an enormous amount of money?
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Charting gimmicks with fancy lines, colors and claims of huge profits?
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People that never discuss trading losses, only winners all the time?
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Trading "gurus" that show you pictures of their wealth and toys all the time​
Are you aware of the following information?
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Trading is NOT gambling!
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Successful trading is discipline
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Trading is a mirror of your strengths, weaknesses and emotions
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There is organization in chaos and chaos in organization
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You will almost NEVER see some of the top institutional traders on TV or other media, since they are under NDA's and are not selling books or pushing a particular investment
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The best trade sometimes is a scratch, small loss, or a non-trade
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If you are not willing to go both long or short, you will most likely not be successful trading
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You have a better chance of being successful if you have a passion for trading and constantly learn from mistakes
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