Trading Psychology - Free Webinar on Confidence, Discipline, Consistency
Brian here and in case you missed it the other night, you may have missed one of the best webinars for traders, period. Yes, I mean it.
On the webinar, we covered the simple and quick ways to truly maximize your confidence, discipline, consistency and profits - the main challenges in trading.
Best of all, these are things that you can do for IMMEDIATE results and without risking a single penny in the markets.
[Side note: I had some software issues the other night that prompted me to re-record the presentation. All good though, as it is shorter, more complete and has a better flow].
You can watch the recording of the webinar here,
http://insideouttrading.com/maxcdp/maxcdp.html
If you could use more confidence, discipline, consistency or profits in your trading, then this recording is well worth your time to watch!
Cheers
Brian
P.S. Sometimes you can reap huge gains from something small and easy. We cover a few of these really simple things that many traders miss in this video, so don’t miss out by putting them off!
Click here to watch the recording
Trading Psychology - Highly Useful Wisdom From Ronald Reagan
Brian here and I’ve got a short story to share with you that includes a wisdom from Ronald Reagan that is directly applicable to your trading.
The short story.
I remember being back in high school and one thing that really had me very bummed out was the general apathy about being an American citizen.
Personally, I’d grown up with the ideals and dreams of my generation, and aspirations of one day becoming an astronaut or maybe even President.
For my whole life, I’d always been very proud to be an American.
With the aftermath of Viet Nam, the whole Watergate debacle, the mid-70’s oil crisis and subsequent depression, and then the hostage situation in Iran during the Carter administration, it had become commonplace for Americans to have a pretty crumby opinion of the U.S.
When I heard my friends and schoolmates talking about the draft, a common sentiment expressed was “Screw that! I’m not getting drafted! I’ll head up to Canada first. I’m not putting my life on the line for this country!”
Every time I heard a comment like that, it hurt.
When Reagan took office in 1980, he was stepping into a tremendously challenging situation: apathy was rampant, the economy was in shambles, inflation was at record levels, and to top it all off, the Cold War was still going on.
In addition to all the ‘normal’ things that a President has to deal with, the Soviets were a very real threat to the physical safety of all Americans.
Nuclear arms were built up to where the entire Earth could be completely destroyed many times over. Two giants standing face-to-face with bazookas pointing at each other’s heads.
But Reagan was able to get matters to the point of negotiating arms reduction, something that neither side was previously ready to do.
Reagan’s Challenge That Relates Directly to You as a Trader.
During this process of dismantling ballistic missiles and warheads, Reagan new that the risks were incredibly high if the Soviets didn’t keep their end of the bargain.
He was in a position where positive progress was finally being made to end the Cold War, and finally bring peace and a feeling of security to America. The benefits were very high if he could make it happen, while at the same time it could be catastrophic if we dismantled our arms and the Soviets didn’t.
What a spot to be in: achieve peace after 40 years of hard work or lose everything.
Do you think that maybe he was feeling some stress, anxiety and doubt in this situation? Pretty safe bet he was.
But President Reagan was no fool.
He’d lived through the Great Depression and World War II, some pretty challenging times for our country and for all the individual citizens of the U.S.
Ending the Cold War through peaceful means was finally at-hand, but it required the one thing that is hardest for anyone to do: TRUST
In this situation of dealing with a hostile adversary, but being forced to go ahead and “lay down the weapons”, Reagan knew that BLIND trust would be foolhardy with the Soviets - they’d shown many times over that it wouldn’t work, so he employed a wisdom that you can use too:
Reagan knew that if he could arrange a way for both sides to verify that the promises made were being lived up to, then the doubt they both felt could be eliminated and they could proceed forward to a monumental, historical achievement.
Without verification, the whole process was at risk of failure.
How This Relates to You and Your Trading
The underlying question that is running through the back of your mind whenever you feel any anxiety, hesitation or the temptation to second-guess your trading system is:
The same goes for when you are on a website considering buying new trading system. Sure there are going to be big claims about how much money has been made with it.
Even if it sounds great, looks great and even has published results to back it up, you’re left in a lousy position: you have to go on TRUST.
If you don’t have a method and a tool to quickly and confidently VERIFY that indeed the trading system is good, to know HOW good it is, and that it will work FOR YOU, then you are forced into a spot similar to Reagan: stress and anxiety - because you are going on the word of someone else.
And the first time you hit a handful of losing trades, DOUBT comes in and amplifies the problem, making your confidence start circling the drain and having the discipline to stick to the system next to impossible.
So how do you TRUST BUT VERIFY?
That’s what the Trading Performance Analyzer is for. It gives you that verification, that PROOF, so that you can proceed forward toward your goals with peace of mind and know that the system you have WORKS and it works for you - with ZERO RISK.
It gives you that confidence you need to stick to your system when losing trades occur.
Don’t yet have a system? Looking for one that’s better than yours? Do you just want to optimize your system?
The Analyzer let’s you see IMMEDIATELY the strengths and weaknesses of any system or change that you might consider - and how it will affect your bottom line.
You can find out the objective TRUTH about how good a trading system is WITHOUT RISKING A PENNY.
In addition to giving you peace of mind and security in the fastest, easiest way possible, you can save $20 right now. Use the coupon code
You can have the greatest turnaround experience in your trading - before today is out - with the Trading Performance Analyzer. No B.S.
Here are just a few of the comments that I’ve received about the Trading Performance Analyzer:
“I was amazed at how easy it was to determine which strategy had the biggest impact on my bottom line”
“It is giving me a confidence in my system that otherwise might have been shaken by a few small losses.”
“… has kept me from overtrading.”
“Without the TPA, you’re trading in the dark.”
“Using the TPA has given me the confidence to stick to my system.”
When you get the Trading Performance Analyzer right now, you will also receive access to one of the training videos that was part of the Proven-Method Mentoring that traders paid $1,000 for.
You owe it to yourself as the owner of your business to only be working with what you KNOW works.
This is the fastest, easiest way to ‘trust but verify’ when it comes to trading systems.
Cheers
Brian
I’ll never forget when the restoration of the Statue of Liberty was completed and the ceremony for the unveiling was being broadcast.
When Lee Ioccoa was introducing Reagan, he said “I am proud to present the man that made Patriotism fashionable again.”
It brought everyone in the room to tears.
Trading Psychology - Avoid the Top Success-Killer and Save $180!
There is a success-killer for traders, it’s the #1 problem for nearly ALL traders, and the surprising thing is, you WON’T find it in any trading book.
Now don’t feel bad, because this happens to a LOT of traders.
You’ve experienced this problem yourself a number of times, probably even recently.
You’re fully aware of it when it happens.
You want to deny it, and even distract yourself in hopes that it will just go away.
And then you kick yourself later for letting it happen again, because you know both consciously and on a deeper level that you’re paying a very high price when you allow yourself to do it.
What is this big problem and why does it happen in the first place?
PROCRASTINATION
There are a number of contributing factors:
- information overload
- negative self-talk
- feeling ‘beaten down’ from so many bad or mediocre months
- you’ve gone through the cycle of getting all fired up about a new trading system you just bought, only to find out that it really doesn’t work, at least not for you
- you’ve got too many things going on and you wind up giving each only partial attention, and so you have a whole bunch of projects started, but not completed.
It’s just so much easier to avoid the pressure of having to do something, even if it means accepting the ‘less than desirable’ status quo.
But the problem doesn’t really go away.
It always comes back to haunt you when you get to the end of yet another month without making the kind of profits that you wanted and you’re looking at next month knowing that you need to do something, and then the cycle starts all over again.
So what can you do?
3 simple things: Prioritize, Focus and take focused ACTION on the ONE most important item until it is completed.
Make that #1 item your top priority, and let everything else wait.
Now this is important, so listen up: make sure that your top priority is what will make TOMORROW easier and more profitable, so that when tomorrow comes, you’re starting it a step ahead, not at the point you are now.
Too many traders are extremely short-sighted, so they only focus on making money today.
What happens?
Every day has the same starting point and no real progress is made, there never comes the day when the pressure is off because they never gave themselves the benefit of a head start by focusing on important matters rather than the apparent urgent ones.
Here is some direction to help you right now, and since Father’s Day is this weekend, I’m going to make it even easier for you to take the proper action right now.
- If you seem be to spinning your wheels and wondering around in circles going from one thing to the next because you haven’t yet gotten organized…If you seem to have a whole pile of things that you know you need to do, then your focus is on clarifying direction, organizing your business, and assembling a business plan.
To really give yourself some peace of mind and make tomorrow and the coming months easier and more profitable, then going through the simple process of getting yourself and your trading business properly organized in a step-by-step progression, with focus on one item at a time, is the best way for you to go.
That’s what the P.I.T. Club is all about: taking you by the hand and walking you one step at a time through the process to eliminate the many issues that have been holding you back. You’ll give yourself direction, structure and best of all a real Business Plan for your trading business.
- If your business IS organized and you DO have a business plan, but don’t currently have a system that works, then your focus is on getting ONE system that works. To do this quickly, take these three steps:
1. List out your criteria for your system
2. Begin the research for your system within methods that fit your criteria
3. Take the FIRST system that meets your criteria, properly analyze it - with ZERO RISK - verify and confirm that it works and works for you
.
Click here and Use coupon code: 56B25A258E to save $20!
4. Master that ONE system
- If you have a business plan and a working system, but are still find yourself making the same mistakes over and over again, then your focus is on identifying the triggers that are causing the emotional bad decisions.Quickly identify and eliminate the problems that are causing you to repeatedly create losses with The Trader’s Guide to Emotional Management.
NOTE: only get this if you have already confirmed your trading system!
Remember, the question to be asking is “what should I be doing right now to have the biggest impact on my trading - tomorrow and next month?”
Follow the steps above and FOCUS on that ONE thing.
Stop wasting time and start making real progress by taking focused action right now.
Cheers
Brian
P.S. Time is money and I’m sure you DON’T want to keep going through the cycle of procrastination - no results - regret.
Procrastinate next year after your real issues are behind you. Take action today and feel good about it!
Trading System Design Q&A Call with John Forman
This Wednesday, December 3rd, I’m hosting a call with
John Forman on the topic of sound trading system design.
John is the author of “The Essentials of Trading” and a
professional market analyst, plus he’s taught trading
at a University, so not only does John know his stuff,
he also is very good at communicating what he knows.
Whether you already have a good system or not, you’ll
want to be on this call, because when it comes to
trading, any improvements mean advantages for you.
Besides, there is no cost for the call, except for
whatever long-distance charges may apply.
Go here right now and register for the call,
http://insideouttrading.com/systemdesign120308.html
See you on the call!
Cheers
Brian
P.S. There is no charge for the call, so you have
only to gain. Register now,
http://insideouttrading.com/systemdesign120308.html