Feb 26

At Peace with Money

By Mandi in Trading Performance and Psychology

People with money are not good or bad, they are just people with money.

People without money are not good or bad, they are just people without money.

You with lots of money is not good or bad, it is just you with lots of money.

Total acceptance of money can remove the fear of not having it and the guilt of having it.

If you believe people without money are good, you will have the guilt of having money.

If you believe people with lots of money are bad, you will have the fear of having money.

If you believe people without money are bad, you will have the fear of losing money.

If you believe people with lots of money are good, you will have the guilt of not having it.

Guilt and fear lower your self worth, hence the money you can make and have will create guilt and fear and lower your self worth!

Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

Testimonial Disclosure: Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.

Please note even though the website name is tradingpsychology, we are not psychologists but highly trained qualified professional coaches.
Trading the financial markets (especially on margin with leveraged products) carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any instrument you must carefully consider your objectives, level of experience, and your personal circumstances.

The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading the financial markets, and we recommend you seek advice from an independent financial advisor.

Any information is general of nature and does not take into account your financial situation, objectives, or your individual circumstances and needs.
Please ensure that you fully understand and acknowledge all risks involved before entering into any trades.