My Big "A-ha" Moment (Warren Buffett agrees)
Yesterday I told you about my big A-ha moment. By the way, if you didn't get yesterday's email that means it probably ended up in your junk folder.
Be sure to add my name to your contact list so that doesn't happen again.
Back to my big epiphany.
After I lost my entire account on a single trade, I realized the key to winning in the markets is "risk management."
I know, it's not sexy. But it's the truth. Even Warren Buffett agrees because his two rules of investing are...
Rule #1: Don't lose money.
Rule #2: See rule #1.
Of course, investing always carries risk of loss so we can never guarantee we won't lose money. But the key is minimizing risk while still giving ourselves the chance to go after big gains.
When you know how to do that, trading options gets a whole lot easier AND more fun. There's no better feeling than seeing your trading account balance slowly getting bigger and bigger over time.
Don't take my word for it. Put this trading plan to the test. It's just $7 and in this video training course I'll spoon-feed you a step-by-step trading plan that can potentially turn a $5,000 account into $60,000 in just 6 months.
Have a look:
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