Thursday, January 15, 2015

skill

Skill
Skill is one of the most important thing you can have in life, when you are skilled you will get paid more and be better in whatever job you do .Most people trust the so called gurus for advice e.g. in investing I was one of those people they this guy I won’t name him, He is a regular of radio and television giving advice .I trusted him with advise he invested money for me out of few trades he lost most .what I did I gave him money to invest for me but I also invested money on my own I had more wining trades than him.
The market respects no man or women the level of education is not important to Mr. Market. You need to gain the first hand experience and skill needed to be a good investor .The market is just like driving a car you need to go to the driving school learn to drive the more  you learn the better you will be just like a car. The few first trades or investing are the hardest and one why just like a car the motions will be all over the place panic  and fear when this emotion take control more mistakes will be made until a person calm down .

Mr. Market feed on emotion fear, panic and greed. The market is a collection of many traders making decision.  The winner is the one who can control his or her emotions and controlling emotions is a skill that can be mastered .Please be a skilled investor or trader if you are skilled you will be free from emotions and bad advice and make your own investments . 

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