If you’ve ever found yourself ruminating over a bad trade, just remember one thing…
Trading is tough!
Even the brightest people find it difficult.
In fact, one of the smartest men who ever lived was a terrible investor…
I’m talking about Sir Isaac Newton, widely recognized as one of the smartest mathematicians and physicists of all time.
Back in 1720, he lost the equivalent of $4 million in today’s money in the stock market.
The South Sea Bubble
You see, the South Sea Company was one of the first “hot stocks.”
After being granted a monopoly to supply goods in the “South Seas,” bullish investors sent the stock price through the roof.
Newton invested a modest sum in the stock and then exited just a few months later after doubling his investment.
At first, he was satisfied with his return.
But the stock doubled again after Newton sold. His friends held on and got rich.
And as you might expect, Newton caught a case of FOMO… The “fear of missing out.”
Don’t Chase a Rising Stock
Here is this brilliant man… who is arguably one of the most rational and scientific minds of all time…
And even he couldn’t resist the urge to chase the stock!
Of course, it didn’t end well for Mr. Newton.
In less than a year, he lost almost his entire investment – equivalent to roughly $4 million today.
Take a look at the graph below to see how it played out over the course of just a few years…
In the aftermath, Newton famously stated, “I can calculate the motion of heavenly bodies, but not the madness of people.”
So, if you’re having a bad week, month or year in the market, take comfort in knowing you are probably still a better trader than Sir Isaac Newton.
I like telling this story to remind people that investing is not a game in which the person with the highest IQ makes the most money.
In fact, it is often the opposite.
It really doesn’t matter how smart you are. Trading is still tough!
But if you have a good trading plan, you have the potential to make a lot of money in the markets.
That’s one of the things I admire most about my colleague and expert trader Josh Martinez.
I’m not saying he isn’t smart… But he is absolutely meticulous in his approach.
He describes his strategy as possibly “the world’s most profitable side job”…
And he has found a Bitcoin move that doesn’t require a fancy account, crypto wallet, or complicated setup…
It’s a little-known loophole in your brokerage account.
Click here to get all the details on this explosive opportunity right now!
Embrace the surge,
Editor, Stock Surge Daily