The Word on Investing

What Makes the Mindset of a Seasoned Trader Different?


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One of the great keys to successful trading is "playing the math."

This means you have a SMALL expense if your trades go the wrong way and you have to stop it out.

And you have a LARGE win when it goes your way.

Now this is the important part–you do NOT want to win small.

You've gotta win BIG. And by that I mean you need to let the stock go all the way to your sell point before you jump out of it.

This is how seasoned traders think. But there's one thing in particular that makes the mindset of a seasoned trader different. What is it? We're going to find out in today's episode…

In this episode I'll cover …

  • Why it's essential to focus MORE on managing risk than on what kind of profit you could make
  • How to be like the pros by making a plan for each trade (and then trading your plan)
  • How managing your emotions can take you to the next level as a trader (and how to do it)
  • The biggest mistake I see new traders make (and what the pros do instead)

And much more!

Listen to the episode "What Makes the Mindset of a Seasoned Trader Different?" now!

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The Word on InvestingBy TRADEway

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