I came across a saying awhile back that really stuck with me. I can’t remember where I read it but it has to do with your mindset when you’re about to put on a trade. “Amateurs assess potential, while professionals assess risk.”

Watch the following video on CNBC, then look at the charts of the stock picks he’s recommending. You decide for yourself what type of advice he’s giving you, but remember that not once does he talk about the potential risk that’s involved with putting on a trade like this. Notice that I put this under the “entertainment” category.

xme

xlf