Have you heard of the 90-90-90 rule?

Facebook
WhatsApp
Telegram
Email

In the last few months, the crypto market has been experiencing its inevitable pullback causing many to doubt whether you can make any money in this market. The volatility of cryptocurrencies is something many traders are still getting accustomed to and the emotions that come with that.

Two of the most important lessons we teach are to never let your emotions influence your trading and investing and always have a strategy. We’re going to repeat the last one because of how important it is – ALWAYS HAVE A STRATEGY!

Did you know that 90% of new traders and investors will lose 90% of their money within 90 days? We call this the 90-90-90 rule.

This trend is because people start trading and investing without a strategy. Knowing how is only part of the battle if you do not have a strategy. It’s all well and good having a working knowledge about trading and investing but if there is no method in the application, then, more often than not, it will fail.

So how do you become part of that elusive 10% and escape this trend?

Without pre-defined rules, traders will make decisions that are erratic and full of emotion. It can leave them buying and selling in all the wrong places at all the wrong times. By coupling the know-how with the execution of a strategy, even the most novice of traders and investors have the foundations to make a profit.

When finding the strategy for you, proceed with caution, there are many strategies out there, some proven, some experimental, and others that don’t work at all. You need to take the time to find the strategy that fits with your financial goals, so how do you choose?

The solution: research. If someone is determined to be a successful trader and investor, then they will do whatever it takes to succeed. That’s why Marcus wrote the #1 book The Lunchtime Trader. He wanted to provide people with a resource from which they could learn the do’s and don’ts and his proven successful strategies.

Marcus also wanted to document his 21 years of trading experience so people could escape the same pitfalls he did. It’s out there, for all to access, simple online research leads you to the download link, but how many people even make it as far as the search engine?

We say that because as well as always having a strategy, there is another important lesson you need to know to be successful – wealth is 80% psychology, you cannot become wealthy if you do not have the right mindset. Psychology and mindset are the foundations of financial wealth. Without them holding you upright, you can’t reach the top. There are already people who have downloaded the book want to create wealth because they have taken action to look for a resource that can help them.

And that is how you become part of the 10%.


Not much of a reader? We’ve got you covered! Watch Marcus de Maria explain the 90-90-90 rule in the video below.

Popular Posts

Stay in the know
IM Insider Newsletter

Subscribe to the IM Insider and get our proven strategies sent straight to your inbox every month.

en_GB

GENERAL ADVICE WARNING AND EARNINGS DISCLAIMER: Please note trading and investing involves several risks. Marcus de Maria and Investment Mastery Trading Ltd will only provide you with general advice, not personal or financial advice. That means, we will not take in to account your personal objectives, financial situations or needs, even if they are known. Accordingly, the advice may not be appropriate for you. We may provide general advice regarding trade size, the level of margin needed and risk management techniques appropriate for our trading strategies.

Please understand results presented are not typical. Past results, income and percentage claims are not indicative of future returns for you. Although our clients see above average results, the average person who follows any training on trading & investing gets little to no results.

Financial instruments can go down as well as up resulting in you receiving less than you originally invested. Do not assume any recommendations, insights, charts, theories or philosophies will ensure profitable trading & investing for you. Pictures used are for example purposes only.

Please ensure you obtain professional or financial advice to ensure that trading or investing in any financial products is suitable for your circumstances, and ensure you obtain, read and understand any applicable offer document.

All testimonials on this website are real and can be found on Trust Pilot by clicking here.