Here’s a trading tip that can be very helpful. This only works if you’ve got some solid reasons for buying, know when you’ll get out, due to profits. Or know when you’ll get out, due to losses.

For example, no matter how you select investments, many traders have an 25/5 rule.

Meaning if they’re up 25%, they get out, no matter what.

If they’re down 5%, they get out, no matter what.

These are the two most crucial rules. According to these guys, if you follow these rules, no matter what, you can’t go wrong.

Just think about it. If you lose on 2 out of three trades, you’re still doing pretty good. Down five, down five, up twenty five. Not bad, if you can keep it up.

What’s it mean to chase good money with bad? You spend some cash, and you’re down five percent. If you’re a pro, you get out, and look for another trade. If you’re an amateur, you tell yourself every lie you can think of to keep throwing more money at your bad investment. Most guys would rather go broke than admit they were wrong.

The further down it goes, the more money you spend. Bad money chasing good.

As you can likely guess, getting out of a trade is just a fundamental skill as figuring what to buy and when. If you don’t know how to get out, you’ll go broke. Simple as that.

Think about this next time you’re chasing a girl that doesn’t really want to be chased.

Many guys meet a girl, it goes well, then they blow it. Doesn’t matter how they blow it, but they blow it.

They start texting, she doesn’t text back. They call, she doesn’t call back.

Then they wonder, “What can I do to fix this?’

Here’s how you “fix this.” Find somebody else.

She’s being as clear as she can be. She’s not interested in you. Stop wasting your time. It’s like chasing a stock that’s crashing below it’s 200 day moving average.

If she’s still interested in you, you’ll know. They’ll be no question. If you’re wondering, it’s a safe bet that she’s not.

But here’s some indicators, just in case. You text, and she doesn’t text back, you’re out. If you call, and she doesn’t call back, you’re out. If you talk to her and she’s not participating with any noticeable amount of energy or enthusiasm, you’re out.

Not all girls are going to like you. In fact, very few girls are going to like you more than simple politeness.

Get over it. You’re job as a man is to find the girls that DO like you. Not take the few that give you eye contact and try and turn them into your dream lovers.

So get busy sorting. Talk to girls. Ask for their number. Give them a call or two. Or a text or two if you’re too nervous. This should tell you all you need to know.

Only chase the girls that are clearly interested in you, and you’ll never go broke.

mindpersuasion.com