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Understanding loss aversion

How You Can Win at Trading

How to win at trading: the hardest concept for a new trader to grasp is dealing with losses. Learn to deal with losses and you will win at trading.

Sounds odd, right?

The real key to success that every professional trader knows and understands is discussed in this brief video. If you really want to win at trading and improve your financial position, then take 7-minutes to watch this video…

A big thanks to Jarrad S. for sharing  this video with us.

Did you hear what I heard?

At 4m 22s he stated, “…you are guaranteed to win money...”

A trick? A scam? No!

This is what professional traders understand. This is why there are traders out there with 30 and 40-year track records. Professional traders understand loss aversion.

That is, professional traders do not try to avoid losses, they manage losses.

Professional traders understand that to win at trading, over the longer term, you will come out ahead if you grasp and use this concept. It’s not a trick, and it’s not a scam – it’s mathematics.

Listen to a podcast interview I did with Aaron Fifield from Chat with Traders on How to Power through Trading Losses to learn more. Understand this concept and you will be way ahead of the pack.

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