(Video: Market coach Doug Hirschhorn, PhD, discusses what it is that really motivates traders on Wall Street.)
Today I'm here to tell you the age-old belief that greed moves the markets is just plain wrong. There is only one thing that moves the market: fear. Whether it’s a fear of losing money or a fear of missing out on making money, the simple fact is that fear is the main driver for traders.
Here are 3 ways to move beyond your fear:
Rather, your job is to do the following:
Do your job and you won’t have to worry about chasing the market because you're afraid to miss out.
Think better, invest smarter.