You are watching the charts right now, the price is moving, your heart is pounding and you know exactly what you should do.
You wait… you wait a little longer, but that voice inside, it starts to scream: “Get in NOW! You are going to miss it!”
We all know this exact moment; it is the moment that separates the traders who build generational wealth from the traders who just donate cash to the market.
Listen closely. I am going to tell you a true story about a great trader named John, who had an undeniable edge, his strategy worked, he consistently held a 65% win rate.
One day, John’s mentor hands him a trade; it’s a perfect A+ setup, with the entry zone clearly marked.
The mentor looks John right in the eye and says, “This trade is going to make you ten million dollars; but you can’t touch it for six months, you must wait.”
John agrees!
He takes the position, the trade is perfect and it immediately starts moving up.
One month passes, he is up $2 million. He feels like a genius.
And he’s already dreaming about all the new stuff he would buy.
Two months pass, the trade reverses violently… it pulls back hard.
He is now only up $1.5 million; the doubt is screaming in his ear.
The fear of losing that massive $500,000 profit is paralyzing him, and at this moment, he could no longer think straight.
Three months pass, the trade is a choppy, sideways mess, but still technically in profit.
He’s totally obsessed, he checks his phone every five minutes, and he couldn’t even sleep.
Four months in, the trade is now only up $500,000. John panics, because to him the trade is failing.
So, he decided the big move is over forever, he closes the position right there, securing a $500,000 profit.
A huge win, right?
Watch Full video:
