Losing is easier than winning and it all happens to investors. There is no such thing as winning alone. There is no success without failures. Usually, struggles and challenges come before the end of the finish line. Let me tell you one thing that’s very important to remember before you decide to lose all your money—it’s okay to fail and be challenged by certain factors in the market but when you fail, make sure to stand up twice as much as you fail. Losing is easier, yes, but that is not the goal. Your target is to win the market and get as much profit you can get from combining your knowledge and strategies.
Catch me in my live training events! (quick plug)
The heart of why I do these seminars is I want to build a generation of Filipinos with the right foundation in stock investing. I want to bring smart investing to every Filipino around the world! If you would like to know more about how you could time the market check out the trainings below.
Stock Smarts Manila – September 14, 15, 21, 22,&28, 2019
Stock Smarts Qatar — October 3 – 6, 2019
Stock Smarts Cebu – October 26-27,2019
Stock Smarts Taiwan – November 2, 2019
ICON Davao – November 30, 2019
Losing money in stocks is pretty much easier when you are greedy. You tend to put all the money you have and you gamble all of it hoping to get a higher profit. When you are greedy, you become impulsive. You decide first before thinking about it thoroughly. If you want to avoid losing, do not be greedy. Take everything slowly until you learn how to react to the movement of the stock market properly. You don’t have to take it all at once. You have time to process every bit of information. As much as possible, avoid deciding without thinking first.
Losing money is inevitable but it also means that you don’t have enough knowledge yet to manipulate the stock market according to your plans. Start feeding your mind with knowledge. If you think you already did, feed with more knowledge until you see the results of your learning. Studying is always a great habit and a good way to solve your issues when you think you are losing more than what you can provide. It’s never a waste of time to study.
Confidence is also a factor when you are investing or trading. One way to avoid losing money is believing in yourself—believing that you are capable to make sound decisions, good plans, and great strategies. It may depend on how confident you are because without it, you will always listen to the noise around you. You will listen to people who will tell you to sell when it’s not the right time to sell. You will follow those who buy when it’s not the perfect moment to buy. Your level of confidence will tell how good you are when combining your knowledge and set of strategies.