This man lost $4 billion this week, and he's still not worried!

On Monday 24 August 2015, a few things happened:
•          Stock markets crashed over 3% worldwide 
•          Traders wiped out their accounts
•          Trillions of dollars have been lost 

And Warren Buffett, CEO of Berkshire Hathaway, lost $4 billion this Monday. 

How would you feel if you lost that amount of money?

Warren Buffett lost all of that money and yet he still sleeps easily, doesn't flinch at the sign of a market crash and always lives his life to the fullest. 

Here's why!

The greatest investors in the world don’t sell their stocks in fear!

The greatest investors in the world, like Warren Buffett, know that the markets swing up and down on a day to day basis. 

They also know that there’ll be an occasional crash, recession and market correction. 

If these investors based their buy and sell decisions on stock price movements, I can assure you they wouldn’t have 1/20th of the money they have today. 

Greatest investors like:
~ Ray Dalio (Founder of the investment firm Bridgewater Associates)
~ Bill Ackman (CEO of Pershing Square Capital Management), and
~ George Soros (Chairman of Soros Fund Management)

Base their buying and selling decisions on the underlying factors and fundamentals of the business, they invest in.

The reason they buy stocks is because they see a bright future for the company. 

And with careful stock validations on the micro aspects of the company, they know they will be rewarded in the long run by holding onto their stocks. And because they stick to their plans, without being swayed by fickle market sentiment, they end up achieving investment returns that stock price investors can only dream of. 

But why do these investors sleep easy during these rough times?

This brings me to a very important point. 

When I say $4 billion, it sounds like a lot of money right?

But this is money that these billionaire investors can afford to lose. 

Warren Buffett today is worth $66.7 billion. This means, his portfolio is down 5.9% ($4bn ÷ $66.7bn). 

When you were down 5.9% in your portfolio, how did you feel?

Well, not too bad right?

Because you still have 96% of your portfolio left to trade. 

And so, this is how you should think about money when it comes to your investing and trading. 

Look at how much you can make and lose in percentage terms.

The idea of how you make or lose, will fade away. All you have to think about is, how much money you want to make relative to your portfolio. 

Investing and trading is a psychological game, and this is the first most important thing you need to master. 

And so today, I want you to do something for me. 

Before you place another trade, decide how much of your money can you comfortably afford to lose per trade. Make sure the amount you lose is easy to handle.  

It might be R50, R500 or even R1,000, that you’re prepared to lose. 

Once you can answer this question, then you’ll be able to trade more easily, more effortlessly and more rationally. 

I want nothing more than for you to sleep easy, no matter what the market is doing.

In fact, today’s mailbag is all about you. 

And so I’m going to ask you a question today! 

I want to help you achieve the life you’ve always dreamed of

Trading Tips is a platform that we started to help traders like you make an income in the markets, so you can live the lifestyle you've always pictured yourself having.

I'm talking about having enough money to:

• Drive to any restaurant of your choice for a gourmet dinner
• Not having to look at the price of the juicy rib-eye beef steak on the menu 
• Paying for all your guests at the restaurant, without counting the rands and splitting the bill

And having this experience, month after month! 

To help you achieve this freedom , I want to understand why you want to make a second income trading the markets. 

So what I want, no..

What I NEED, YOU to do is this. 

I want you to just answer this one simple question for me.

“If you had R1 million profit in your trading account, how would you spoil yourself (or your family) with your money?”
I need you to CLICK HERE and answer the question now.

When I see exactly what you want in your life, I can start writing about what you need to do, step-by-step, to achieve your dreams. 

I know 90% of my readers won’t give me an answer. In fact, only the most passionate people that want to change their life will contribute and tell what they’d love to spend their trading profits on. 

And it’s ok… But even if I can help just 10 people achieve their life long-dreams, I’ll feel like Trading Tips will have been a well worth journey for them and myself. 

Let me repeat the question again:

“If you had R1 million profit in your trading account, how would you spoil yourself (or your family) with your money?”

I look forward to hearing your answer by Click here

Always remember, 

“Wisdom yields Wealth”

 

Timon Rossolimos

Senior Editor:  Trading Tips
Head Analyst: Red Hot Storm Trader
Author:          94 Top Trading Lessons of All Time
PS: Thank you to all of our loyal Trading Tips members!

I’ve compiled a collage of some of my most loyal members who’ve attended our events over the years and posted it to our Trading Tips Facebook Page.

Go "like" the page and tag yourself in the image. If you dont see yourself then make sure you come along to our next meetup to change that!