How Can I Overcome Fear and Greed in the Stock Market?
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Fear
Two powerful emotions are:
1. Fear
Problem: I am afraid I will lose:
New money
Past profits
Solution: There are ways to control, or even eliminate, risk.
Problem: I am afraid of missing an opportunity.
Solution: The Stock Market has more opportunities than anybody will ever be able to take advantage of.
Greed
2. Greed
Problem: I want more!
Solution: Give first, you'll get more later. This includes:
Time
Dedication
Being teachable (pride)
Developing a realistic plan
Learning a skill
The goal is to remove as much emotion as possible through non-stop:
Education
Support
Practice
Developing a plan that works for YOU!
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