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Life Lessons of a Stock Market Trader – Make haste slowly

May 6, 2015 By Nick

Thinking back to the beginning of the book and my conversations with Zahira in the bar at Borough Market, it seems many of us are looking for short cuts and ‘easy wins’ and get rich quick schemes, “This time next year Rodney……: Zahira was put off the idea of starting with a sum she was prepared to lose and then placing a number of trades over time with a strict rule of cutting losses quickly and running profits. Zahira wanted to make a lot of money very quickly and yet at the same time she wasn’t very comfortable with the idea that she ‘could’ lose some money. If you’re not prepared for any losing trades and want to capture trends every time and turn your £500 into a million in 6 months then trading is not for you. Might I recommend lottery tickets or premium bonds for those people seeking that type of payout:-)

Life Lesson

Stress makes you belief that everything has to happen right now. Faith reassures you that everything will happen in good time. Few things in life that are worth having come quickly, easily or without some effort.

 

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