"Stop Loss. How to Overcome Greed and Fear"
This classic book is worth reading again. It's been 4 years since I last read it. It's the only book that tells you how to lose money. Just as there are countless ways to make money in the financial market, there are only a few ways to lose money. The author Jim Paul started working at the age of 9, and cultivated a correct view of money since childhood. He earned a lot of money at the age of 16. At a young age, he went from making 260,000 US dollars to losing 1 million US dollars in 3 months. The most important thing was that he didn't stop loss. Magnify desires and ignore risks. As I said, in the financial market, being alive is more important than anything else. Successful trading does not come from the secret of making money, but from figuring out how to lose money! We mistakenly think that we are investing, most of us are speculating, and think we are really speculating. Most of us are gambling!