With the wrong approach, trading can lose all your money, consume all your free time, it will even consume your mind while you are doing other things.
By studying the dangers and difficulties, we can begin to understand WHY we must modify our own behavior and make the choice to become a master the craft of Risk Management so we may avoid the worst dangers of trading.
This week is all about preparation.
Trading is more dangerous than driving a car.
Consider this: If you make a mistake while driving, other drivers will try to avoid the collision and protect you from your own mistake.
In trading it is the opposite… others will intentionally profit from your mistake in an instant.
Pre-Course Reading
This original course starts on Page 38 of my book (new updated edition is coming out to match the updated course content)
But sometimes I think the most valuable information for dramatically changing your financial success, is in the first 37 pages!
Be sure to read through this important first section as it presents a key perspective that I needed to learn before my trading became successful.
If money makes you anxious, resentful, fearful or angry – the first section of the book may be helpful for you as well.