The Word on Investing

What to Do if Your First Trading Year Was a Huge Flop


Listen Later

If you’re struggling to make a profit trading–I see you.

It can be so frustrating to do well on one trade, and then give all your money back to the market on the next one.

I’ve been there!

You’re probably making some common mistakes without realizing it–and these things are learnable. 

Once you stop making these common beginner trading mistakes, and you start using a trading system to structure your trades, your trading profits have the potential to finally take off.

Here’s what you need to do to turn your trading around after a huge flop.

Don’t try to win back the money that you’ve lost.

Winning back your money might seem like a good idea, but if your goal is to win back the money you lost last year, your mindset is too focused on profits.

Instead you need your mindset to be focused on process.

Don’t chase the money–chase the process that can make you the money.

What you really need to become a great trader is a system where you can follow along that takes the guesswork out of trading.

The only reason I can be profitable year after year is because I prioritize following the four part trading system that I talk about in my free masterclass.

And it’s a system that doesn’t just focus on trading.

It focuses on me becoming the trader.

 

📈 Join the upcoming Unlock the Stock Market Challenge: https://www.tradeway.com/challenge

 

💸 Free Masterclass - Stock Trading: The New Gold Rush: https://www.tradeway.com/masterclass

 

📲 Book a call - https://www.tradeway.com/call

 

✅ Subscribe to our YouTube channel: https://www.youtube.com/@TRADEway

 

🎙️Subscribe to The Word on Investing Podcast wherever you get your podcasts

 

...more
View all episodesView all episodes
Download on the App Store

The Word on InvestingBy TRADEway

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

84 ratings


More shows like The Word on Investing

View all
Joyce Meyer Enjoying Everyday Life® Radio Podcast by Joyce Meyer

Joyce Meyer Enjoying Everyday Life® Radio Podcast

9,420 Listeners

Craig Groeschel Leadership Podcast by Life.Church

Craig Groeschel Leadership Podcast

10,734 Listeners

BibleProject by BibleProject Podcast

BibleProject

19,223 Listeners

The Glenn Beck Program by Blaze Podcast Network

The Glenn Beck Program

26,138 Listeners

The Option Alpha Podcast by Kirk Du Plessis

The Option Alpha Podcast

1,155 Listeners

The Matt Walsh Show by The Daily Wire

The Matt Walsh Show

28,439 Listeners

I Don't Have Enough FAITH to Be an ATHEIST by Dr. Frank Turek

I Don't Have Enough FAITH to Be an ATHEIST

5,368 Listeners

The Home Service Expert Podcast by Tommy Mello: $200 Million Founder|Forbes, Inc., Entrepreneur Columnist

The Home Service Expert Podcast

741 Listeners

Unashamed with the Robertson Family by Tread Lively

Unashamed with the Robertson Family

24,747 Listeners

The Charlie Kirk Show by Charlie Kirk

The Charlie Kirk Show

73,178 Listeners

Female by Design by Francie Winslow

Female by Design

685 Listeners

GrowLeader Podcast with Chris Hodges by Chris Hodges

GrowLeader Podcast with Chris Hodges

329 Listeners

The Pour Over by The Pour Over

The Pour Over

4,132 Listeners

Jack Hibbs Podcast by JackHibbs.com

Jack Hibbs Podcast

12,914 Listeners

B.O.S.S. Moves Podcast by Myron Golden

B.O.S.S. Moves Podcast

112 Listeners