Monday, June 21, 2010

Psychology of Investing

Today is the first day of starting my course in maxfuturesprofits. Just want to share some things which I learnt.

The most important factor in investing is (to have) correct psychology, which can be affected by:

-Adequate Capital
-Adequate Time

We want to achieve stress free investing and we can achieve that by:

- Using scientifically proven and battle tested strategies

- Becoming the casino

- Having proper Risk Management (the 2nd most important factor for trading)

P.S: Making a start is the first step. Taking Courtney Smith's maxfuturesprofit course is one of my best action step.

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