In this consumer driven culture we all live in, people having debt is nothing out of the ordinary. In fact, it's so common place that if you don't have debt, you are actually the exception and not the rule. I've seen plenty of marketing that attempts to persuade you to trade the markets to pay off your debt. Is this a good idea? Let's talk about it.

I've talked about the topic of how important true trader confidence is when you're trading many times before. An email I received however does an excellent job of presenting a real life example of the many pitfalls of not being genuinely confident in yourself.

True Trader Confidence: https://claytrader.com/videos/true-trader-confidence/

This email exchange is nothing new by any stretch. Many traders fall into this category where they begin to question themselves on whether or not they truly have what it takes to be a trader. In many cases, it has nothing to do with "them", but really, their business model. Maybe you need an audit? https://claytrader.com/videos/risk-make-sense/

https://claytrader.com/blog/motivations-teaching-trade/

https://claytrader.com/blog/why-i-teach-people-how-to-trade/

More times than not, the people who leave comments on YouTube are totally cool and it's great to interact with them. Once in a while though, you come across a situation like what we're going to discuss in today's video.

Many people dream about and want to become full time traders and trade for a living. This dream is by no means impossible, however, the dirt you trade on plays a vital role is just how easy or difficult accomplishing your dream will be.

I'd be lying if I said I thought today's talking point was a massive problem in the world of trading, but it's still pretty funny nonetheless. As I say in the video, if you are actually someone who falls into this category, then PLEASE smack yourself upside your head.

'Controlling' risk is a very important concept for anyone looking to trade the markets. With that being said, 'understanding' risk is a whole other topic and one that many traders fail to realize. The professional traders both control and understand risk, so let's figure out where you stand in this situation.