Experienced traders know this: Sometimes trades go against you. It’s going to happen. And it’s normal. But here’s the thing you need to know: You only need to get 5 or 6 trades out of 10 right in order to be profitable, and to have the potential to change your life financially. The key to becoming profitable isn’t to have every trade go perfectly. They key to becoming profitable is to win big and lose small. And a good rule of thumb to shoot for is making a 30%+ return on a trade when it works, and only losing 8-10% at the most if the trade doesn’t work. If you want to learn more about how to maximize your gains and minimize your losses, join us for the next Unlock the Stock Market Challenge, where we’ll teach you the foundations of trading in just five days. 

Let’s talk about the three main ways people sabotage their trading success. You can be doing all the right things, but if you have these three bad habits, your trades won’t work nearly as well as they should. I’m also going to be sharing one of the secrets–really one of the master keys 🔑–to success in trading. Let’s get into it. 🎙️Subscribe to The Word on Investing Podcast wherever you get your podcasts.

Let’s talk about the three main ways people sabotage their trading success. You can be doing all the right things, but if you have these three bad habits, your trades won’t work nearly as well as they should. I’m also going to be sharing one of the secrets–really one of the master keys 🔑–to success in trading.

When people lose too much money to the stock market, it’s almost always because of the same problem. They’re trading without enough training. (Sometimes they haven’t had any training at all whatsoever.) New traders often don’t understand that trading is a new skillset that you have to learn. You can’t just open your computer and magically know how to do it. Guessing, gambling and just going for it isn’t what makes you money in the stock market–it’s what drains your account. In this episode, I’m going to share with you the three most expensive mistakes I see people make in trading over and over again. (Don’t make these mistakes!) 

🎙️ Subscribe to The Word on Investing Podcast wherever you get your podcasts! When people lose too much money to the stock market, it’s almost always because of the same problem. They’re trading without enough training. (Sometimes they haven’t had any training at all whatsoever.) New traders often don’t understand that trading is a new skillset that you have to learn. You can’t just open your computer and magically know how to do it. Guessing, gambling and just going for it isn’t what makes you money in the stock market–it’s what drains your account. In this episode, I’m going to share with you the three most expensive mistakes I see people make in trading over and over again. (Don’t make these mistakes!)

📈 Join the upcoming Unlock the Stock Market Challenge: https://www.tradeway.com/challenge 💸 Free Masterclass - Becoming a Trader: The 4 Essential Skills You Need to Become a Great Stock Trader: https://www.tradeway.com/masterclass 💰 Download the free guide “5 Guidelines For Selecting Your Metals Dealer”: https://www.tradeway.com/metalsdealer 🎓 Check out my course Barter to Currency: https://www.tradeway.com/barter-to-currency ✅ Subscribe so you don't miss any videos: https://www.youtube.com/@TRADEway Some people think that physical gold is an archaic thing to invest in. I disagree. Here are three reasons it’s a great time to buy physical gold and silver. Let’s dig into this important topic. More Content: Silver Not Gold? Buying Gold How to Buy Gold Why Costco is Selling Gold

📈 Join the upcoming Unlock the Stock Market Challenge: https://www.tradeway.com/challenge 💸 Free Masterclass - Becoming a Trader: The 4 Essential Skills You Need to Become a Great Stock Trader: https://www.tradeway.com/masterclass 💰 Download the free guide “5 Guidelines For Selecting Your Metals Dealer”: https://www.tradeway.com/metalsdealer 🎓 Check out my course Barter to Currency: https://www.tradeway.com/barter-to-currency ✅ Subscribe so you don't miss any videos: https://www.youtube.com/@TRADEway Some people think that physical gold is an archaic thing to invest in. I disagree. Here are three reasons it’s a great time to buy physical gold and silver. Let’s dig into this important topic. More Content: Silver Not Gold? Buying Gold How to Buy Gold Why Costco is Selling Gold

📈 Join the upcoming Unlock the Stock Market Challenge: https://www.tradeway.com/challenge 💸 Free Masterclass - Becoming a Trader: The 4 Essential Skills You Need to Become a Great Stock Trader: https://www.tradeway.com/masterclass 📲 Book a 30 min call to learn more about the Challenge and decide if it's right for you: https://calendly.com/d/cn22-qct-2yf/challenge-strategy-session ✅ Subscribe so you don't miss any videos: https://www.youtube.com/@TRADEway When I first started trading I thought I was doing all the right things. I wanted to get in there and make some money–but some of my trades just didn’t work. I ended up learning a lot from my mistakes. You might assume trading comes naturally to some people, or that some were just born to do it. Maybe you think good traders simply need to get their securities license. The reality is that learning to trade is something almost anyone can do by learning a skillset–piece by piece. Today I’m sharing three of the biggest mistakes I made when I started trading. Watch Next: Top 5 Signs You Need to Quit Day Trading and Start Swing Trading What to Do if Your First Trading Year Was a Huge Flop The Top 3 Reasons I Quit Day Trading 5 Things I Didn’t Do to Become a Successful Trader

📈 Join the upcoming Unlock the Stock Market Challenge: https://www.tradeway.com/challenge 💸 Free Masterclass - Becoming a Trader: The 4 Essential Skills You Need to Become a Great Stock Trader: https://www.tradeway.com/masterclass 📲 Book a 30 min call to learn more about the Challenge and decide if it's right for you: https://calendly.com/d/cn22-qct-2yf/challenge-strategy-session ✅ Subscribe so you don't miss any videos: https://www.youtube.com/@TRADEway When I first started trading I thought I was doing all the right things. I wanted to get in there and make some money–but some of my trades just didn’t work. I ended up learning a lot from my mistakes. You might assume trading comes naturally to some people, or that some were just born to do it. Maybe you think good traders simply need to get their securities license. The reality is that learning to trade is something almost anyone can do by learning a skillset–piece by piece. Today I’m sharing three of the biggest mistakes I made when I started trading. Watch Next: Top 5 Signs You Need to Quit Day Trading and Start Swing Trading What to Do if Your First Trading Year Was a Huge Flop The Top 3 Reasons I Quit Day Trading 5 Things I Didn’t Do to Become a Successful Trader