"A friend, who has more experience in trading tells you about more successful trades: one deal made 70% on margin in four days, another brought a big gain in selling fiber short over the weekend. Your friend sound so confident, assured and successful that you figure you are hearing the absolute truth and nothing but the truth.
Finally, you can't stand it anymore. You're hungry for that kind of success, so you garner the courage to ask whether you can shadow the next few trades. Your freind agrees to let you in on the next few trades and you begin dreaming of how rich you will be soon.
Your first trade shows a small profit. The second one, a bean option that doubles in six weeks, does even better. Your dream of being rich is coming to life in your bank account. The next trade is a disaster, followed by another loser. You postpone your dream for a while.
When you ask yur trading genius friend what's happening, you are told, "It's just a brief slump, those things happen from time to time". Unfortunately, the losing streak continues, and finally you have to throw in the towel before your spouse gives you hell".
-You are a trader who trade your own money or a trader that's trade your own faith for doing such above?-
Happy Trading.......
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