Fx Currency Trading - Systems, Systems Everywhere…
Filed under: Day Trading Forex Currency, trader coaching, trading psychology
You know the old saying, “Water, water everywhere and not a drop to drink.”
If you’re like many traders, you probably feel the same about trading systems.
They’re all over the place.
Tons of garbage.
Some that work.
There are systems all over the place and you’re tired of NOT having a system that you feel really secure with.
And you just want to find ONE that you KNOW works and that you can rely on, right?
And even when you do get a new system, even if it sounds decent and there’s enough ‘proof’ from the creator, you still have your doubts, huh?
It seems nearly impossible to really feel confident that you can relax and just trade.
And then sooner or later, you hit those losers that send your confidence off circling the drain (again), and now you’re second-guessing that system.
Aggravating as heck, isn’t it?
I know how you feel.
You see, the problem is NOT that there are ZERO working systems available.
You already KNOW that there are quite a few of them around.
The problem is that you don’t have a way to filter through the thousands of choices to what is likely to suit you, plus…
you don’t have a way to KNOW when you choose one, if what you just got is going to live up to your expectations.
So you live with doubt, and that makes sticking to your system really tough.
And since you don’t have a way to establish the confidence you desire, you trade it for a short while, but it doesn’t take long and you start messing with it.
So you rarely get to trade with that system long enough to establish the confidence to overcome the doubt.
Now for the good news.
You can attend to all 3 major aggravations by addressing one matter.
Even better, this solution is sensible, simple and very business-like.
- How would things be different if you could take a look at a system and immediately know how “trade-able” it is, how easy or difficult it will be to trade?
- How would it be different if you could very quickly KNOW the true profit-potential for a trading system, and it potential downsides, TO THE DOLLAR?
- How would it be different if you could know what you can and should realistically expect from your system in terms of winning percentage and profit-to-loss?
By acquiring the right skill-set, you eliminate the primary source of all 3 aggravations:
1. Not having a system that you can rely on (it’s not so much the system as your ability to know with reasonable assurance what to realistically expect from it)
2. Not having a way to establish confidence in your system (or any system) without having to risk significant sums in the markets to do so
3. Not having a way to evaluate a new system and know how trade-able it will be or if it will be difficult to follow and trade consistently (being left to find out the hard way)
Attend to this essential trader core skill right now and realize that HUGE difference in your trading experience.
Seriously.
Click here to begin your new (and better) trading experience right now
Cheers
Brian
“The Trading Turnaround Specialist”
P.S. Why do I seem like I’m pushing this so hard? A short while back a colleague of mine asked me a very pointed but worthwhile question: “Brian, if you only had 1 minute to talk to someone and could only give them one piece of advice, what would you say?” I thought about it and it quickly became clear that out of all the things I could suggest, this would definitely be the best recommendation I could give.
This really is the game-changer because it turns YOU into a much more skilled and able trader.
Click here to begin your new (and better) trading experience right now
P.S. How can I make such bold claims? I am a Quality Assurance Engineer - which means that I have both the experience and the training to take a business activity (like trading), determine why its not working, to make it work, make it work well, and make it work consistently and reliably - all in a very calculated and business-like manner.
[Trader Training Video] How to protect yourself from getting scammed
Brian here with a reminder to protect yourself against getting scammed.
Here’s a short video with some tips on what to watch out for.
Have a great weekend!
Cheers
Brian
P.S. Oh yeah, one other thing to keep in mind: in the game of trading, sometimes a great offense makes for a great defense.
By focusing on becoming a better, more skilled trader, you also arm yourself against the various temptations that the scammers lure people in with.
Trader Training - Being Dependent On Others Sucks
Filed under: trading as a business, trading education, trading psychology
It really is liberating when you no longer feel the need to look at them any more.
When you can just go about your day without feeling torn about whether you should or not.
It only makes sense though.
I mean why were you looking in the first place?
I know that for me, I used to look all the time because I felt almost like I had to.
It was almost like I didn’t have a choice.
I suppose that in truth in some ways I didn’t.
I just HAD to look, because I was missing what they were offering.
I just HAD to open those emails and listen to the pitches for those hyped-up trading systems, because what I had wasn’t working and I didn’t know how to fix it or create a system of my own that would work.
Being dependent on others sucks.
That’s why it is SO liberating when you finally acquire the skill-set to take a system, ANY system and make it work.
When you have what you need, you don’t have to look any more.
You can even laugh about it when you do decide to take a peek, just out of curiosity.
When you can stand on your own two feet as a trader, that’s freedom.
You are truly independent when you have the know-how and skills to take care of yourself.
But you only get that freedom when you decide to make yourself self-sufficient, through the right skills and know-how.
Begin your liberation right now
Cheers
Brian
P.S. Wouldn’t it be nice to feel that sort of liberation for yourself?
Trading as a Business - An effective method to help you realize your goals
Filed under: trader training, trading education, trading psychology
Brian here with a few thoughts on how to support your efforts in 2012.
We all know the value of writing down goals and objectives, and that’s the first part of today’s exercise for you.
Step 1. Clarify as best you can your top 3 goals for this year.
Step 2. Write them down on a piece of paper.
Now we come to the second part of today’s action and this can be very powerful in helping you actually reach your goals.
Publicly declaring them.
Once you declare your intentions and put your goals out there for the world to see, you now have also given your subconscious the message that you will not accept anything less.
You are making it clear and you are not just keeping it ‘your little secret’ which can be easily dropped.
Now you have witnesses to your intention and that gives you mental leverage.
So your next action becomes easy.
Step 3. Post your goals in a comment below.
Simple. Powerful. Now go do it.
Have a great weekend!
Cheers
Brian
P.S. Now is the time to do everything you can to further energize whatever motivation you have regarding your goals.
Holiday hours for Futures exchanges + a Cheshire cat’s wisdom
Brian here with the holiday hours for the Futures markets, and a bit of wisdom from the Cheshire cat.
1. You can access the hours for the Futures exchanges here,
http://www.zaner.com/3.0/market_information/hot_topics.asp
This comes to you compliments of my good friend and colleague Larry Schneider at the Zaner Group.
2. Here a wisdom applicable to your trading from the Cheshire Cat,
Alice: “Which way should I go?”
Cheshire cat: “That depends on where you are going.”
Alice: “I don’t know where I’m going!”
Cheshire cat: “Then it doesn’t matter which way you go.”
- Lewis Carroll
1872 Through the Looking Glass
So many traders come to me for help because they are tired of NOT knowing what to do, and what direction to take.
Even when I ask the question directly, “How can I best help you right now?”, often the reply is “I don’t know.”
I know how they feel because I’ve been there too,
…feeling rather lost and having tried so many things without results, to the point of no clear answer on how to get things working.
This is one of the “business lessons” that you learn when you start working for yourself, as all traders do.
It is a simple illustration of the importance of having a plan for properly starting up the business and getting it to sustainable profitability, over and above having a system.
The hardest thing to “get” for many who’ve never started their own business before is how taking the time BEFORE getting too busy and to plan, actually saves massive wasted time, effort and money.
If you and I were on the phone and you told me that you’d been ‘trying’ for years to get your trading working, but that you thought it a waste of time to plan it out, that it’s just better to get making some money and then figure it out, I’ve found that the best way to convey the message is with this simple question:
“If you can’t build consistently profitable operation on paper, how do you expect to do it in the real world?”
Just like we do in the Trading P.I.T. Club training program, you start by giving yourself direction.
There’s a right way and wrong way to determine which direction you’re heading.
“Make lot’s of money” sound enticing but is NOT clear direction, and will leave you running in all directions chasing it AND have you still running years later.
Giving your long-term operation good and useful direction requires a sensible and business-like process.
Alice was asking for direction, but had no idea how to even figure out where she wanted to go.
Do yourself the favor of saving time, stress and waste by planning your trading business out the right way.
Treat your trading as a business by starting with proper direction
It really makes so many things much easier.
Cheers
Brian
P.S. I got an email the other day from a guy that just wanted to see if there was a real person here - yes I’m real! Send me a note and let me know if you have any questions and how I can best help YOU. 
-
Archives
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
-
Links
Links
Archives
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007