Nice uptrend in most stockmarkets in the last few days,,,, how did you feel about it?
Nervous?
Ecstatic?
Bored? (you’re sleeping on the job!)
Angry? (you probably sold too soon!)
Among the three possible answers I’ve given, probably the best one is being “ecstatic” or happy, and the worst is being nervous. Being happy about rising stock prices is natural — because you are profiting. And naturally, you want more, so the excitement is there. Some people call this “being greedy”. I don’t agree with that. I also know a lot of traders suffer from this psychological handicap in trading. The trader’s business is anchored on the philosophy “cut your losses short, let your profits run” and if you are steadily profiting, doing your homework and that’s what I call receiving your REWARD. It’s cool, it’s right. It’s not greed. Remember that if you don’t take your profits – somebody else will! In my seminar, we discuss trading psychology that makes a big difference in profitability. Profitability that is based on the correct investment psychology, market understanding and sound exit strategies plus a way of doing your business as you go about your daily life.
This is what I call Low-Risk High-Reward Stocktrading, and I am doing a seminar to help people achieve profit objectives which let them live the life they want. This will be at
Megatrade Hall in SM Megamall – Manila
March 22, 2014 from 10-3pm.
(Webinar version to be announced later!)
This is organized by Learning Curve from the MoneySummit and the fee is 2,500 pesos with discount code HHT20 for readers of this blog!
More details and sign up page here!
This will include pre-event exercises, handouts and webinars that will make the best use of your time, money and energy.
Remember – take your profits correctly – or somebody else will. See you there!
