Thursday, November 16th, 2017

Why Traders Mistake in Stock Market

The answer to the question “why do retailers make this mistake in the Stock Market” probably could be applied to all errors. The main cause of Error # 1 is just the temptation of easy money. The underlying idea seems to be “why bother wasting too much time planning, why not start now to get rich?” This is understandable. There is probably not a soul on earth who works for a living never dreamed of making a large sum of money quickly and easily, and later a luxurious life ruined from that day. And the fact that the materials futures trading offers the only possibility (which is exactly what makes futures trading is so seductive, yet so dangerous). Consider these success stories: In a trading contest in 1987, Larry Williams ran $ 10,000 to $ 1. $ 1 million in less than a year. Michael Marcus began with an account holding $ 30,000 and for a period of years earned more than $ 80 million in revenue. Richard Dennis became a legendary trader of grains in the pits of Chicago in the 1970s. From a sum as 400, Dennis ran more than $ 200 million (his father was said that one of the biggest understatements of all time, saying, “Richie did a rising shabby either $ 400. “) Let’s face it, these figures are alarming. Who in their right mind would not want to achieve the kind of success of these individuals? Unfortunately, the stock market, most individuals tend not to focus on “achieving” the process, but rather the “post-” achievement period. In other words, if you asked the question “Can you imagine having this future commercial success,” most people do not start from the mental plans on how to change the soybean. Quite the contrary. Most people begin to develop a mental laundry list of all the things they could do with money. The “doing” part is not as sexy as the “fact” part.

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