Storehouse Tutorial Group Videos

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Speculation is as old as the hills. New traders will often refer to it as trading. The more accurate description of what we do is “Speculation” – it helps our minds focus on the probability based nature of our day to day activities. It helps us remove that propensity to make the mistake of thinking trading is an exact science, with exact rules and processes when it actually isn’t at all. It is the aggregation of the collective beliefs of emotional beings from all over the world, expressing their beliefs about the future price of a particular trading instrument.

Also Speculation is an art with a rule-based aspect to it. The more you practice, the more you learn. It’s just like riding a bike; a few falls here and there but with these trial and errors you will master the art, in this case, of trading. One of the greatest advantages about learning how to speculate is that once learned, it is a life skill that lasts forever.

The speculator’s goal is to hone the psychological and physical skills required to develop confidence in speculating for personal financial gains.