How to Not Lose Money in Stocks: 24 Secrets to Transform Yourself from Losing to Winning in the Financial Market
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How to Not Lose Money in Stocks: 24 Secrets to Transform Yourself from Losing to Winning in the Financial Market
Whether your dream is to build a home-based trading business, to spend more time with your families, to reach that elusive financial freedom, or to simply escape 9-5, there are things you must know before you even start.
REMEMBER: There are only 15% of new traders who survive. Are you going to be one of them?
-In 1907 and 1929, a security analyst Jesse Livermore made millions from the stock market.
-Post World War II, a professional performer Nicholas Darvas made more than 2 million dollars from the stock market.
-In 1970, Ed Seykota and Michael Marcus made millions with what they called “System Tradingâ€.
-In 1977, Bruce Kovner borrowed $3,000 from this Mastercard to trade commodity contracts, made $40,000 before losing $17,000. Total profit: $14,000. Not bad for a first timer.
-In 1980, a young, ambitious former floor trader formed his own investment corporation. Later during the Black Monday 1987, Paul Tudor Jones tripled his money due to large short positions.
-In 1990s, a pool contractor Dan Zanger turned $10,000 to 18 million dollars.
Trading stocks is sure way to make money and get filthy rich, no?
No.
I get it. We all want some kind of assurances that our picks (whether they are stocks, bonds, mutual funds, futures, Forex, real estate, or even significant others) are the best we can get.
But let me tell you one thing about trading and investing: The market never offers any guarantee.
Risk management is the name of the game. But how can we devise a sound, solid, simple, yet profitable trading plan that is based on prudent risk management?
This is where the book comes handy. You think it is easy to trade for a living? Think again. There are so much to learn: 1) How to calculate the risk and the potential reward in a trade 2) How traders can, and must, protect themselves when things go bad 3) How your money and trading psychology will make or break you in this business 4) How to reprogram your money brain muscle to make it "fit for trading" 5) Brash, non-BS ways to apply trading psychology without the overbearing theories other books show
You believe in your gut feeling when it comes to investing? Well, tell me honestly, how did your gut usually treat you in Vegas?
When you make a decision without sound analysis and prudent risk management, you have the same chance of being right with all those Baccarat players in the casinos.
And just like the casinos, the Mother Market will mercilessly take your money unless you learn the 24 things in this book without skipping steps.
This book is the continuation of the "Intro to the 2% Trading" FREE email course. If you haven't, get it for free at www (dot) Moneyvestinc (dot) com.
Your move now. Start by scrolling up and download the book today. Free if you are KDP Unlimited member. You don't like the book? Feel free to return it within 5 days. Nothing to lose.
