Saturday, October 20, 2012

Why 90% traders are losing Money…?



losing moneyIt is far easier to funnel a vast amount of money from the masses to a few winners than for a few people to give out money to the majority.
Any given game there are few winners
So knowing that statistic, do you want to be in the majority or minority?
“Do the hard thing” ~Richard Dennis
They watch Blue Channels ,They dont do Homework
They watch Blue Channels ,They dont do Homework
They lack one or two of these four-Money ,Mind ,Method & Target
There is an important difference between being reactive and predictive. Trend traders never say “I think that market is going up so I’m going to buy it”. They buy when it goes up.
“The price is always right.”



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