The greatest cause of human financial struggle is the fear of losing money.
– Robert Kiyosaki
You’ll lose if you act without analysis and fear of loss. You think that you’re unique, and that’s a dangerous thought. Mother Market has no mercy for newbies.
Every new trader comes with the thought that she’s special and can beat the Market through luck and hard work or a combination of both.
You’ll probably fail miserably before learning the real lesson of both Life and Financial Markets. There are no free lunches.
You can’t just sit and make millions. Your fear and greed will eat you.
If you want to earn in the Financial Markets first, you must invest enough time learning how Markets work.