Here's How to Invest Fearlessly Like the 'Flying Wallendas'

Publish date:
Video Duration:

The 'Flying Wallendas' have done it again! This time, 25 stories over New York City's Times Square.

ABC aired the death defying act which involved brother and sister daredevils Nik and Lijana Wallenda.  And, yes, they are 

Nik and Lijana Wallenda, a brother and sister act, made history as thousands of onlookers held their breath as they made their way across 1300 feet of tight rope.  

The performance aired on ABC Live and during the nerve-wracking walk, the brother and sisters talked continuously to each other. They reminded the audience that they were an example of being fearless. And, that no matter what, they should never let fear win! 'Be fearless", they said.

So, that got us thinking at TheStreet, what do you need to be fearless when it comes to investing?

We thought, who better to ask, than the fearless traders on the New York Stock exchange.

 According to one trader, "The way to overcome investing fear is to understand your risk tolerance and to only invest in companies that you truly understand. That's the best way to limit or to eliminate the investing fear that you will have."

To hear more advice from some of the top traders in the business, check out the video above.

Related. No Rush to Get Involved in the Caesars, Eldorado Deal

Watch:How Trading on the NYSE Floor Has Changed, According to a Former NYSE Trader

Related Videos