Newsletter Subject

Have You Fallen Trap To An Optimism Bias?

From

fxtradersedge.com

Email Address

jody@fxtradersedge.com

Sent On

Tue, Jul 2, 2024 03:32 PM

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40% off today Hey Friend, How do you know if you've fallen trap to "optimism bias?" Optimism bias is

40% off today Hey Friend, How do you know if you've fallen trap to "optimism bias?" Optimism bias is the tendency to overestimate the likelihood of positive events and underestimate the likelihood of negative events. Every company selling a trading system, will have you believe that their system is the "holy grail" you've been searching for, so it's no wonder why many traders go in with this bias. You would think a bias like this could work to your favor. In fact, there is nothing wrong with having a positive expectancy, and studies have actually shown that an optimistic attitude will increase your chances for success. So how does an optimism bias differ? The problem isn't the trader... The problem isn't the trading system... The problem isn't the marketing behind the trading system... The problem is, that with trading you will have winning days and losing days. It doesn't matter if you're a trader on Wall Street or a retail trader in your home... Not one trader on the planet can win 100% of the time. Therefore, when you go in with an optimism bias, your brain doesn't process the losses correctly because you underestimated that they were possible. Which then creates long term effects, because you're not understanding or dealing with losses in the correct way. The good news is, this can quickly change. There is a way to be optimistic and be realistic with your trading results. And this is the healthy way to engage in your trading. I've created a [brand new coaching program]() that not only keeps you steady and level-headed during violent market swings, but it also helps you process losses and see them for what they are, so you continue to have a positive expectancy in your trading. It covers every single pillar you need in place as a fail-safe to create consistency in trading. It's based on my one-of-a-kind "5 Ps Method" and it works no matter what you trade. It offers protection regardless of whether you're engaged in trading volatility within the market, navigating market swings, seeking momentum-based opportunities, or participating in any other trading environment. My method flips traditional advice on its head by encouraging you to invest in HOW you trade instead of WHAT you trade. If you take these foundational steps now, you'll make smarter, more sound decisions for years to come. In just five weeks, you'll emerge with a meticulously crafted Roadmap tailored to your unique goals, experience level, schedule, and chosen markets. This Roadmap will serve as your compass, navigating you through potential obstacles that erode confidence, disrupt discipline, and impact your portfolio. Typically, the cost of a single session of personalized one-on-one coaching matches the price of the entire program I'm offering. However, through the Wealth Builder's Roadmap group coaching initiative, you have an extraordinary chance to access dedicated coaching from me at a fraction of the regular cost. To seize this opportunity, simply sign up during this HUGE Summer Sale going on now... But this discount is quickly coming to an end for the upcoming [Wealth Builder's Roadmap Coaching]() that begins July 9th. Don’t stay lost in this market. Find your way quickly so no more time is wasted. Invest the time now to work through the 5 P’s with me, create your customized trading plan, and you’ll have clarity in your trading and investing career. [Grab all the details here.]() See you on the inside! To your trading success, Jody Samuels Founder, FX Trader’s EDGE & Wavy Tunnel PRO P.S. If you have any questions, just hit reply and ask. Your email will go directly to me and I'll get back to you ASAP. Trading is risky and only risk capital should be used. [Unsubscribe]( FX Trader's EDGE 3093 Bathurst Street Suite #580 Toronto, Ontario M6A 0A2 Canada (416) 806-5321

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