Trading As A Business - 10 Qualities That Make It Great
Why did YOU get into trading?
There are quite a few reasons that trading really is a great business and in this short video, you’ll discover 10 qualities about trading that make it unique and in many ways an ideal business.
Enjoy the video and then get the rest of the puzzle piece
click here to watch the full video
Click here to see how to properly treat your trading as a business
Cheers!
Brian
“The Trading Turnaround Coach”
Forex Trader Training and Services - Memorial Weekend Special
Filed under: Day Trading Forex Currency, trading as a business
This weekend will be special over and above being a holiday weekend (Memorial Day is Monday here in the States) for a handful of traders.
Here’s the story…
Every week I get emails from all kinds of traders asking for my help because they are having trouble with one or more problems in their trading right now, such as:
- Self-sabotage or other psychological issues. Some traders are looking for someone to talk with to sort out why they are sabotaging themselves because they are tired of regularly handing back all their profits to the markets
- Consistency could be better. Some are doing okay with their trading, but they know that they could be doing better and want help with a particular matter, such as getting their trading system clearly documented and tweaked to help improve their consistency
- Need direction, focus, organization. Yet others are tired of jumping around from one system to another and know that they need help gaining clear direction for their trading because they know that they’ve been wasting way too much time, money and effort without progress, so they look for me to help them get organized and focused
Well this weekend, if you are one of the lucky traders that qualify,
…you are going to get the personal service and help that you want PLUS the chance to SAVE some serious bucks.
Now why do I say “that qualify”?
Because of the demand for my services, I am selective about who I work with.
If you’d like to be in the running for my personal help and some substantial savings, then you need to do 2 things:
- Send me a short email letting me know what your situation is, what your needs are and why I should take you on as a client.
- Check back to the blog tomorrow, Friday May 28, 2010 at noon Eastern time.
That is when you’ll get your chance to get my personal service, my personal help with your particular problem(s)
That’s also when you’ll see the specific services being offered and which would be best for your needs right now and how you can save up to 50% at the same time!
Cheers!
Brian
“The Trading Turnaround Coach”
P.S. Be sure to check back to my blog at NOON Eastern time tomorrow!
Forex Trading Strategy- The Fastest Sensible Way to RELIABLE Profits
Do you want to know the SUREST, fastest and most sensible way to consistent and reliable profits in trading?
I’m not joking or kidding around. No B.S.
It’s not a secret, but so few people realize its power and capitalize on it that I felt compelled to clarify matters.
You see there is ONE trading wisdom in particular that holds the true key to getting profitable quickly and in a RELIABLE manner.
Note the key operative word in that sentence above: RELIABLE
You don’t want to gamble or waste your hard-earned money, do you?
You don’t want it to take any longer than absolutely necessary to get your trading consistently profitable, right?
Well unfortunately that’s what most traders do because they fail to heed the advice of the ONE trading wisdom that stands above the rest.
They don’t have the knowledge or experience prior to trading to fully understand what it means let alone to really make it happen.
Here is where I’ll share the ’secret’ with you.
When you started trading, you may not have realized that you were doing something much more than just entering into an activity to make money, you were investing in and starting your own trading business.
Any activity engaged on a regular basis for profit is a business - and this includes trading.
If you look in the dictionary, you’ll find “Entrepreneur” defined as “someone who organizes and manages a business undertaking, assuming the risk for the sake of the profit.”
All traders are business owners and most traders want to be entrepreneurs, but don’t really know HOW TO BE entrepreneurs for several reasons:
1. They’ve never PLANNED a successful business before
2. They’ve never STARTED a successful business of their own before
3. They’ve never MANAGED a successful business of their own before
When you hear the trading wisdom, “Treat your trading as a business” this is what it really means.
On top of that list is the BIGGEST SINGLE ASSURANCE OF SUCCESS you can ask for: planning the business - BEFORE starting it!
There are two easy ways to illustrate the importance of these notions.
2. If you go to ANY angel investor, ANY bank, ANY venture capitalist, and ask for them to invest in your business, no matter what it is, if you don’t have a business plan, they won’t give you a cent!
They know from experience how absolutely critical it is to the success of the business to have it properly planned out and organized.
At the same time, LACK OF A BUSINESS PLAN IS THE MOST COMMON DENOMINATOR among failed traders as well as failed businesses.
Trading CAN BE a great business to be in, if you attend to it sensibly.
There are advantages to trading that you won’t find in any other business.
The key is to treat your trading as a business, a real business, if you want to have it be a RELIABLE business.
Now if you have already started trading and haven’t given yourself this MASSIVE advantage of properly planning out and organizing your trading business, then there is no time to waste.
Click here to watch the video on “Trading As Your Business”
Cheers
Brian
“The Trading Turnaround Coach”
P.S. Another HUGE benefit of treating your trading as a business is that it lowers your stress level tremendously while shifting the odds of success substantially in your favor.
Watch the video and gain the edge you’ve been looking for!
Trader Training - How to Remove a Primary Cause of Inconsistency From Your Trading
Filed under: Day Trading Forex Currency, trader training, trading as a business
Consistent profits is what you want from your trading, not the other way around, right?
The mistake that many traders make is thinking that if they can ‘just be more disciplined’, then the problem will be solved, so they seek out resources on ‘Trading Psychology’.
Now there’s nothing wrong with that, but I’ve found that many are thinking that the problem is a psychological one, when in fact there are other contributing factors to the inconsistencies.
Factors that can be directly and immediately acted upon, and do NOT operate on the presumption that you have ‘psychological issues’.
They are in truth very simple and practical matters.
Let’s look at an example for illustration of just ONE of these addressable factors.
An Example.
Imagine that the company where you work just got bought out and you now have new management to whom you report.
You are told that the company now has a different philosophy, so there will be some changes in the day-to-day manner in which things are done, which include such items as,
- you have a new schedule with different hours. Instead of 9-5 with an hour lunch, you will now work 7 a.m. to 11 a.m.and then from 3 p.m. to 7 p.m.
- the computer system is being updated with new software.
- the operating philosophy is changing from longer term thinking to shorter term, and from moderate to more aggressive in nature
In come the new procedures, instruction manuals for the methods and software, and you get busy.
It takes a few weeks and a fair amount of extra hours, but you are getting used to the new ways of doing things and finally starting to settle in and being able to get a decent day’s worth of results in.
And then it happens - again.
Upper management has just ‘discovered’ that there is a newer, more profitable philosophy, strategy and method that they have decided to implement.
And with it come changes to: your hours, your software, your methods, etc.
So now you go through the whole cycle of implementing change again, trying sincerely to get to the point where you can just come in and do your job, do it efficiently and well, and then go home at a decent hour.
After several weeks of extra effort and considerable expense by the company…
… they do it again.
The question.
So how consistent would you expect the performance and the profits to be in such an operation over the course of a year? Probably not nearly as good as if they had simply figured out where they were going with the company from the start.
The problem is that when the only objective set out for the entire company to go by is to “Make lots of money”, it is so easy to get caught up in fads as they come along.
The Addressable Factor.
One HUGE inconsistency for traders (and general businesses) is jumping from one method or system to another and changing direction regularly.
This is different from adapting to a changing marketplace. That is a necessary skill and action from time to time for survival.
We’re talking about changing methods, systems, or even entire trading venues, just for the sake of “making lots of money”.
The addressible factor that creates significant inconsistency is…
But clarifying “proper” direction for a business is not exactly intuitive for most people.
There is a specific process and different sets of questions that need to be answered in order to arrive at a direction that will serve your trading business well.
It will also keep you on a consistent path, thus minimizing disruptions to your operation and wasted time and resources.
That’s why this is the first matter addressed in the Trading P.I.T. Club Training Program, getting clear on where you are going.
To put an end to your ‘jumping around’,
check out the P.I.T. Club Training Program
Cheers
Brian
“The Trading Turnaround Coach”
P.S. There are several factors that can be creating inconsistency in your trading. Today we looked at just ONE.
Don’t let these rob you of precious time and resources! Attend to them and get on with good and consistent trading by enrolling in the P.I.T. Club Training Program right now!
check out the P.I.T. Club Training Program
Forex Currency Pair Round-up and Coaching Review Video With Bill Poulos
Since alerting you to the opening of Bill Poulos’s Forex Profit Accelerator Group Coaching Program on Monday, I’ve received numerous emails requesting more info on it.
Well, I just got something BETTER.
It’s a 8 minute, 55 second video preview of an actual live group coaching session held just last week for one of Bill’s other coaching classes so you can see what his actual students see.
(please allow the page a few seconds to load & then press the play button)
You’ll get a taste of what’s in store for you when you join Bill as a student of his new program before the doors close next Tuesday, March 16th, at 11:59pm Eastern (New York time).
Have a great weekend!
Cheers
Brian
“The Trading Turnaround Coach”
P.S. It looks like Bill’s member’s website preview is still open, too, where you can pick up some extra complimentary bonus video training, and also get access to his “Pip Feeder” service.
I anticipate he’ll pull this offlint to coincide with the closing of his program next Tuesday, so make sure you click on the link below:
Your username is: readyto
Your password is: enroll





