Stock And Option Millionaire Psyche

Posted by Nick Niesen on November 8th, 2010

If you are like most of us, we have all lost our fair share of money in the stock markets using strategies written by so-called gurus and experts costing thousands of dollars.

Have you ever wondered, how does these stock and options trading experts develop these strategies, prove its worthiness all over the internet and in books, made money with them, but when you use these stock or option trading strategies, its magic fades away and you started losing money?

Going deep into the core of the problem revealed that there was nothing wrong with these stock or option trading strategies! I say again, nothing wrong with these strategies! What was wrong was that I found it difficult or if not impossible for many amateur traders to do many things EXACTLY the way these stock or option trading strategies demanded it! Have you ever held on longer then the stop loss policy allows? Have you ever let profits run when you are supposed to take profit? Haven?t these situations resulted in the loss of thousands of dollars and most importantly, a loss of trading confidence?

Why does that happen? Well, the Holy Grail of trading systems and trading strategies is in fact a complete system completed by the investor himself! The psyche of the investor makes or breaks the trading system! Your character determines what kind of trading strategy works for you! With a strategy that compliments your character, you can truly find your personal Holy Grail of stock and option trading strategies and be on your way to becoming the next stock market millionaire!

MASTER YOURSELF FIRST, THEN MASTER THE MARKET!

There are 3 dominant trading characters which you belong to. Short term aggressive trader, mixed class trader and long term stability trader. By using the respective trading strategy for your character class, you will be able to attain better trading profits with much much less effort than before.

I have developed a free online trader?s psychometric test to help you find out your dominant trading character. Please take the test now at http://psychometric.mastersoequity.com