What I Learned Losing A Million Dollars Summary (Jim Paul) - Never Trade or Invest Like This ❌ 💸

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  • Опубликовано: 18 окт 2024

Комментарии • 9

  • @laruenincehelsor
    @laruenincehelsor 2 месяца назад +45

    Great video, I have a quick question. I am an aspiring trader, I am looking study some traders and earn off their expertise rather than investing myself and lose money emotionally. Whats your take on copy trading? Do people really make money? Just looking for some reassurance.
    Thank you!

    • @Theodore-j5e
      @Theodore-j5e 2 месяца назад +1

      Focus on long term investments in property, stocks, and bonds. Avoid copying, daytrading and 'chart astrology'. Diversify across different geographies, industries, and value chain stages - to reduce your risk. You can do this with ETFs, or by selecting different stocks yourself. This is the best way to invest for more than 90% of people

    • @Henry-x2t
      @Henry-x2t 2 месяца назад

      Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.

    • @patti-j7z
      @patti-j7z 2 месяца назад

      How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

    • @Henry-x2t
      @Henry-x2t 2 месяца назад

      My CFA ’ANGELA LYNN SCHILLING’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

    • @patti-j7z
      @patti-j7z 2 месяца назад

      Found her, I wrote her an email and scheduled a call, hopefully she responds, I plan to start 2024 on a woodnote financially.

  • @joubertleroux6665
    @joubertleroux6665 2 месяца назад

    Thanks you, this is a great video.

  • @OCharluvsmusic
    @OCharluvsmusic 2 месяца назад

    So basically make a wise plan and stick to it. Do not go by emotions.

  • @MitulJainmitj1202
    @MitulJainmitj1202 2 месяца назад

    Book summary of what i learned from losing a million dollars: brain has Hard time letting go of false beliefs, crowd behaviour though contagious can be dangerous (fomo) and planning throughly before taking risks