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Today, I want to take some time to explain to you all the first trade I ever took and one of the most valuable lessons I learned to this day.
Here’s what happened…
I was new, like many other folks out there and I was watching a financial news channel trying to find a decent stock pick.
While I was watching the show, the host explained that stocks were starting to sell off and told viewers to invest in gold.
The host ended up featuring Yamana Gold (AUY) and explained how traders could double their revenue within the next year.
Therefore, I bought in… and the trade completely backfired.
Yes, a painful experience but I learned a valuable lesson on how to become an independent thinker and trader.
The Future of Wealth
P.S. If today’s video caught your interest, be sure to check out trading tips for beginners article by clicking on the button below.
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