"I was so upset... I punched a hole in the wall."

Here's the latest from Wealthy Retirement... [Shield] AN OXFORD CLUB PUBLICATION Loyal reader since August 2019 [Wealthy Retirement]( [View in browser]( SPONSORED [Look Over a Multimillionaire Trader's Shoulder for an Entire Week... FOR FREE!]( [Nate typing]( Who: You and Pro Trader Nate Bear What: The "Millionaire Trading Blitz" during the Daily Profits Live Open House Where: Online When: September 9-13 (9 a.m.- 4 p.m. ET daily) Why: To see how we target BIG PROFITS each day! Confirm Your FREE Spot: [>>Click Here to RSVP<<]( Editor's Note: Let's face it. We're all drowning in information these days. And this information overload is destroying our ability to focus on making winning trades with confidence. That's why our friend Nate Bear, the Lead Technical Tactician at Monument Traders Alliance, is cutting through the noise in today's guest article. He's showing readers a dead-simple mental strategy that will help them avoid the most common mistakes beginner traders make. This advice alone will put you ahead of the vast majority of traders. Plus, Nate has a way for you to see actual trades being made with confidence in real time - for FREE. [He's inviting you to join his Daily Profits Live chat room for one whole week](... no credit card required. Last time Nate opened up the doors to Daily Profits Live, attendees had the opportunity to make a trade on RILY that lead to a 1,128.92% return in 2 trading days! (He reveals the details on the RILY trade below.) During the last open house, Nate also closed 19-of-22 trades for winners (86% win rate), including 4 other 100% winners. It all starts on Monday. [Go here to get on the guest list to join Nate LIVE]( - at no charge! - Rachel Gearhart, Publisher [FINANCIAL LITERACY]( [What Bob Ross Can Teach You About Trading]( [Nate Bear, Lead Technical Tactician, Monument Traders Alliance]( [Nate Bear]( Have you ever watched Bob Ross paint? It's almost like watching a monk meditate. It's soothing... and it makes you feel like all is right in the world. It's the exact opposite of what many people think of when they picture Wall Street. They might picture a man in a suit yelling into his phone in a New York City trading pit... Or an angsty, Ivy League-educated trust fund baby who knows all the insider info and thinks his presence is a gift to everyone around him. These stereotypes might make for some good Hollywood movies. But the reality is... You don't have to be a "typical" Wall Street pit trader or insider to make winning trades in the market. Case in point... I've never commuted to Manhattan to trade on Wall Street. I started my trading career while working in construction. I'd make trades on my phone in the parking lot as I waited to pick my kids up from school. I once hit a 111% winner while sitting in front of the school in a line of minivans. What a time to be alive, right? This style of trading wound up generating $2.7 million in verified trading profits from a $37,000 account in just four years. Learning to trade has been an amazing journey. But I must say... I wasn't an overnight success. Like any trader who's just starting out, I still had to hone my skills. But I was able to do it my way... without sacrificing my family-first lifestyle. Along the way, I learned that being calm is everything when it comes to trading. Some of my Daily Profits Live members have even referred to my personality as "Bob Ross-like." It's funny to hear myself described that way, since I'm far from a famous painter. But it's also funny because I wasn't always this calm. In fact, when I first started, I blew up a $15,000 account. Yep. $15K... gone. Just like that. I was so upset after that trade that I punched a hole in my wall. Can you imagine Bob Ross punching his easel?! That was the moment I knew I had to alter my approach. I sought help from a community of experienced traders, and it made all the difference. I started trading with less emotion, and I even created my own system for finding winning trades. Fast-forward to eight years later, and I'm still using these Bob Ross-like, serenity-inducing principles in my trading. Here are some of my greatest trading lessons... in Bob Ross' words. No. 1: "If you want sad things, watch the news." Bob Ross once said, "We want happy paintings. Happy paintings. If you want sad things, watch the news." Turns out he was right about the "watch the news" part. When I first started trading, I'd believe whatever I heard in the mainstream media. I'd get all excited when I heard people talking about the next hot stock... and I'd start to panic when they talked about the economy going under. Later, I discovered... This low-quality information was just a form of manipulation. After I'd made my trades on the stocks that the media had hyped up, the savvier traders would sell off, leaving me with a loss. Ouch. The lesson here is to never blindly trust the news when you're making your trades. SPONSORED [SIX AI Dividend Stocks to Buy Now (FREE INSIDE)]( Marc Lichtenfeld - income expert and author of Get Rich with Dividends - is giving away his Free AI Income Playbook... No credit card required! Inside, you'll get the names and ticker symbols of his TOP SIX AI dividend stocks right now, including... - A special income play that pays double-digit yield - How to get into an AI income trust - And finally, Marc's No. 1 dividend stock for AI income. [Click here before the download link expires.]( No. 2: "It's hard to see things when you're too close. Take a step back and look." I cover this concept almost every day in Daily Profits Live. Beginner investors have to understand... The market doesn't care how much you like a certain company. The movements of the market are nothing more than reactions to a complex string of information. How many times have you made a trade only for it to start heading south? You're losing money, but you tell yourself, "If I can just hang on for a little while longer, I think I'll be able to break even." It's at this moment that the warning sirens should start going off in your head. This is when you need to "take a step back and look." You're not thinking clearly, because you're hoping the stock will do what you want... and you're ignoring all logic and reason, which are telling you that the trade is cooked. The takeaway? Listen to those sirens - they're telling you it's time to get out of the trade. No. 3: "Anytime you learn, you gain." I know it sounds cliché, but all my losing trades can be traced back to not following the advice of those first two quotes. As you continue on your trading journey, understand that you'll probably still be susceptible to fear and greed. But the main lesson is to stay true to the fundamentals that have led to consistent winning trades over long periods of time. And each time you take a loss (and you will take losses – no trader is perfect), it's just another opportunity to learn and get better for next time. Bob Ross' way of looking at the world is surprisingly relevant to trading. To let you see how I use these principles in my daily trading, [I'm opening the door to my Daily Profits Live trading chat room for FREE for a limited time](. Seriously... [I'm inviting you to join me for ONE ENTIRE WEEK of LIVE trading recommendations](. You won't need your credit card - there won't be any surprise charges or annoying paywalls. [My Daily Profits Live Open House]( is taking place September 9 to 13 from 9 a.m. to 4 p.m. ET each day. [Unlock your FREE WEEK OF ACCESS here.]( Happy trading, Nate [Leave a Comment]( [Investment U Conference 2025 - Ponte Vedra Inn & Club in Ponte Vedra Beach, Florida, March 30-April 2, 2025]( BUILD AND PROTECT YOUR WEALTH [Get Marc's Top 5 Dividend Stocks (FREE PICKS)]( [The High Drama Biases of Politics]( [Wall Street PROJECTS $30 Energy Stock Will Rise to $280 in 18 Months!]( [Check Out This Million-Dollar Trading System]( MORE FROM WEALTHY RETIREMENT [Article]( [Mama's Creations: A Value Play in the Prepared Foods Market?]( [Article]( [Why Entravision Communications’ Dividend Could be at Risk]( [Article]( [Are Stocks Poised for a Rally to End 2024?]( [Article]( [Seasonal Trends: the “Heartbeat of the Markets”]( [Facebook]( [Facebook]( [LinkedIn logo]( [LinkedIn]( [Email Share](mailto:?subject=A%20great%20piece%20from%20Wealthy%20Retirement...&body=From%20Wealthy%20Retirement:%0D%0A%0D%0AA calm and measured approach will always persevere...%0D%0A%0D [Email Share](mailto:?subject=A%20great%20piece%20from%20Wealthy%20Retirement...&body=From%20Wealthy%20Retirement:%0D%0A%0D%0AA calm and measured approach will always persevere...%0D%0A%0D [Push Alert]( [Push Alert]( SPONSORED [Better Than Dividend Stocks?]( [Automatic Payments]( The best way to earn monthly income is NOT a stock, bond or option... 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