The Problem With Your Trading System Is NOT What You Think

November 6, 2011 by admin · Leave a Comment
Filed under: Forex trader training, options trading training 

The problem with your system is NOT what you think.

You can feel that there’s something wrong or missing with your system.

You know it’s there, but you haven’t been able to pinpoint it.

And you KNOW deep in your bones that if you could figure it out, that you have a pretty decent system.

And if you could just fix it, then you’d be okay.

Besides, you really don’t feel like dumping a couple grand on a new trading system and spending all that time going through yet another learning curve.

I know how you feel.

Been there myself and been helping good people like you get their trading turned around for nearly 6 years.  I feel your pain.

These questions will help you begin to understand the real problem:

1.  Do you have your trading system written down?  Yes or No

2.  Is that what you use in your daily trading?  Be honest with yourself ;-)

If you answered “No” to either of them, then here’s the next question:

“If you haven’t written it down or you’re not using it, why not?”

Most likely this is where the problem begins because if you can’t even write it down, how do you expect to DO IT consistently?

“Document your system” is an age-old trading wisdom for a very good reason.

…because before you will ever be able to trade consistently, you really do need to be able to write it down on paper.

Your documented system is your daily guide to trading, a functional tool to facilitate consistency.

[Sidenote:  this was hammered home for me in a HUGE way back when I started in Quality Assurance in a previous life - it really has a tremendous impact on consistency in performance]

Now don’t feel bad.  Nobody told you.

No one ever told you that documenting a system properly actually involves a skill set beyond being able to read and write.

There is a very specific process for doing it properly and in a way that provides a daily trading guide that is easy to follow and lends itself to being traded well.

This is one of those things that nobody told you, so how would you know?

But now you do and this is just one part of the critical skill set that can fix your system and truly transform your trading - very simply and in just a few hours.

Use the link below to find out how YOU can acquire this skill set, become a whole new trader, and know a different life in your trading.

Check it by clicking here

Cheers

Brian
“The Trading Turnaround Coach”

P.S.  Fix your system and change your trading experience starting right now, plus save a few bucks.  Use “SAVE50″ to save $50!

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‘What a great trading system!’ Or is it?

November 1, 2008 by admin · 1 Comment
Filed under: General 

“Hey, this is the latest and greatest trading
system ever!”

You hear the hype all over the place and it never
seems to end.

Do you ever wish you had a B.S. meter so that you
could filter out the crap from the hyped up claims?

How can you tell if something that’s being put
out there is just junk, or if maybe it’s worth
looking into?

Even more challenging is how can you tell if
something that YOU come up with is better than
what you’ve already been using?  That is of course
WITHOUT having to risk money in the markets to find
out.

There is a way…

If you want to work with the best possible system,
whether you create it or it’s made by someone else,
there is a method to actually put a number to how
good a system is and what you could expect if you
traded it.

No hype.  No loud claims.  Hard numbers.

http://insideouttrading.com/tpa/

What you’ll find here is NOT some HUGE secret
that’s been closely held by a few stellar traders.

There is one particular technique employed by many
traders to give themselves an edge.

You can give yourself this same edge.

It’s a tool that makes the ‘trick’ easy for
you to implement - and benefit from.

It’s also applicable for a critical element
of the Proven Formula of All Highly Profitable
Traders.

http://insideouttrading.com/tpa/

Check it out.  You will be very glad you did.

Have a great weekend (and for those in the U.S.,
Happy Halloween!)

Cheers

Brian

P.S.  If you haven’t already gotten your copy of
the Formula, you can get it here,

http://insideouttrading.com/formula/

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Trading System Design - Part 1

October 28, 2008 by admin · 13 Comments
Filed under: trader training 

In trading, your system is your method and strategy all combined into one and is what gives you consistency, protects you from substantial losses (hopefully) and provides a sufficient number of profitable trading opportunities.

When you have a system that you fully understand and believe in, this helps tremendously with the whole ‘trading psychology‘ aspect of being a trader.

Needless to say, having that reliable system is also one aspect of trading that many people struggle with.  Not necessarily finding or creating one, as they can be found all over the place and making one isn’t really that tough either.

Anyone can make up a system, be it mechanical or discretionary, technical or fundamental, or any combination.  Heck just throw some ideas out there and you have a system.

The challenge is ending up with a GOOD system that meets your objectives, fits your comfort zones and performs RELIABLY so that you can have the confidence in it to stick to it with the winners and losers alike - the old discipline challenge.

As you probably know, I created the Trading Performance Analyzer so that you can analyze, evaluate and track the metrics on an existing system, activities that are tremendously helpful in building (or rebuilding) confidence in an existing system, comparing systems to see which is best, and to evaluate changes made to your system when you wish to optimize it.

The new project that I’m working on is a Trading System Design Guide for more of an Engineer’s approach to designing a trading system from scratch, but in layman’s terms, applying the strategies and thinking that I’ve learned over my years as an Engineer.

Where I could use your help is to know what your thoughts, questions and concerns are when it comes to trading systems.  This is wide-open here, so any questions you have are welcome.

My objective here is to end up with a guide for designing a trading system that is geared to the beginning, novice and intermediate trader, that will provide you the step-by-step process for designing your own trading system that works, is user-friendly and makes complete sense to you.  No more ‘black box’ or ambiguous system to work with.

Simply post your thoughts below.  Again, this is wide open, so any question, thought, concern or suggestion is welcome.

Thanks, and yes I will be making this available to you when it’s completed.

Cheers

Brian

P.S.  This is the first of a few posts on this project, and the questions will get more detailed as we go along, so make sure to check back here or be checking your inbox.

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