When will the next market crash happen?

If I only got paid for every prediction of the next market crash, I would be very rich. We are so used to being brainwashed that most of us don’t even realize the extent to which this happens 24/7.

Reality: You are not thinking for yourself, you are constantly being told what to think

The permanent bombardment of the financial media that only serve one objective, which is to make you do something that does not benefit you, but fills their offers in one way or another, has reached a point beyond excess. Today you simply cannot turn on CNBC, Bloomberg or any other news channel without being brainwashed. This is no longer news.

I regularly get emails from so-called “lead market analysts” telling me about the big crash. Big drop means that we should see a price drop of at least 15% in a short period of time.

Artificially induced fear rules the world of trading and investing

I just have one question: What happened to highly respected analysts like Martin Armstrong’s forecast of a big gold rally over the past two years?

I don’t know about you, but I am sick and tired of these over the top hysterical market calls designed to get your attention and flatter the egos of their producers. If I make the same market call long enough, it will eventually happen.

Unfortunately, this is not the worst part:

Our brains simply cannot cope with this constant overload. If you think listening to the news will help you become a better trader, think again. All it does is pander to a deep-seated insecurity within you that makes your mind susceptible to authority, fueling insecurity, greed, and dysfunctional business behaviors.

Today everyone has guru status who has appeared on television at least once.

The entire industry guru is a media machine designed to disempower you and make the many business forecasting services big bucks. Unbeknownst to his consciousness, his brain is addicted to this kind of overwhelming information. If I asked you to stop listening to the news starting today for the next week, you would have a very hard time doing it.

Most of what they tell you is pure invention with no basis in reality.

However, the story is repeatedly sold to you from so many angles that you eventually believe it. Welcome to the biggest brainwashing machine out there.

Fact: Most so-called gurus are brilliant at sales and lousy at trading.

I know quite a few of them and have seen their trading accounts. Trust me, you would be surprised.

I wonder: how many times have you been trapped in a trade that you took simply because you were swayed by the opinion of some trader who presents himself as extremely knowledgeable and competent? I’m afraid to think I did too. In fact, I lost much more money following the advice of other famous traders, brokers and analysts than I ever did trading my own style.

Distinguishing between what is true of your business psychology and personality and separating the wheat from the chaff is a difficult task.

Most trader brains are simply not trained to handle their minds in a constructive way that serves them well. They are too immersed in their unconscious addiction to know in advance where the market is headed. I know this is a difficult conversation, unfortunately it is one of the few truths out there. Breaking free of market news addiction is one of the best things you can do for your brain and your trading account.