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Especially for a beginner, starting out can be extremely overwhelming. Some may even get discouraged with all of the countless information out there regarding how or when to get started with trading. Regardless, you won’t move forward in trading if you don’t actually get your feet wet and put in the work. Start today, slowly progress and the results will show sooner or later. It’s all a process of trial and error and with the proper consistency you’ll find yourself making great improvements✅
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You are given $1,000 to invest only in Stock A or Stock B, which do you choice and why?
Now for some the answer is obvious and for others they are scratching their head
If you are scratching your head take a moment to think, what is something you value the most, not your parents or son/daughter, something you had to pay for, now that item, maybe it’s a watch, a car, a pair of shoes, etc
Was that item expensive? More than likely it was, and that item is probably worth more, the same or maybe even a little less that what you paid for it if it has actual value, right?
For some reason Dumb Money traders will cherish their valuable items in real life yet invest in trash
Dumb Money will pick A
The smart investors picked B, you don’t want the McDonald’s for dinner, you want the Ruth Chris tomahawk 40oz
When it comes to trading we hunt for stocks that are leaders, stocks that are in there top right of their daily chart because those are much more likely to trade higher than the losers that are on the bottom right of their daily charts, if this confuses you, look at the letters on each chart
Chart A - bottom right - think losers, dumb people stocks
Chart B - top right - think winners, leaders, wealthy people stocks
Now the big misconception is money, with $1,000 you could only buy 14 shares of the leader while you could buy more than 500 shares of the Loser!
If they both went up 100% which one made you more money? A or B, let’s hear your answers to this questions below and see what you learned from this lesson that virtually every new traders learns the costly way and by costly I mean they lose their $1,000 right off the bat
¿Cómo se consigue la consistencia?
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Suena obvio, pero la consistencia se consigue teniendo comportamientos consistentes.
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Es decir, si tengo un trading plan que me indica cómo luce una oportunidad, dónde entrar, dónde ubicar el stop, cómo gestionar y cómo manejar el riesgo, y hago una y otra vez lo que me indica ese plan de forma consistente entonces tendré resultados consistentes.
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Pero si cambio el plan cada que tengo un stop o cada que tengo una racha negativa entonces entraré en un bucle sin fin en el que como trader emocional e impaciente modificaré o cambiaré una y otra vez el plan y los resultados serán diversos.
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Esto es lo que le sucede al 90% que pierde dinero haciendo trading, no hay un plan claro, definido y preciso qué seguir consistentemente, disciplinadamente y con mucha confianza.
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