As an
individual trader, it's
tough to make consistent
profits and deal with fear, greed, anticipation, hope and
despair. But it doesn't have to be that way...
Engineer, Trading Coach, Author of The Subtle Trap of Trading
Published on Amazon.com
Featured on the Chicago Board of Trade
Hello Fellow Trader,
Will Rogers was a famous political humorist back in the mid-1900's and one of his more famous quotes was,
"The problem ain't what we don't
know. It's what we think we know that ain't so."
The part that "ain't so" in trading that so many people are led to believe is that anyone can jump right into trading, and so long as you have a good system, you can quit your job and make a very nice living as a trader.
The truth is, there's a LOT more to it than that.
Do you remember when you first started trading?
Did anyone bother to tell you that trading is a real business, and that it shares many similarities to ANY skilled, self-employed business?
The greatest similarity is 90% failure rate.
The #1 common denominator in the failures is LACK OF A BUSINESS PLAN.
How could that be?
Because there is so much to learn, so many decisions and choices to be made along the way and so many ways to lose money.
Without a plan that provides direction, structure and your guide to realizing your goals, it is highly unlikely that you have the resources and time to make it happen.
Without a plan, odds are that you will burn out or run out of capital if you only have guesswork and chance because there are so many variables.
A real business plan is the key.
That's why ANY profitable idea presented to a venture capitalist ABSOLUTELY must have a business plan, or it will NEVER get a single dollar of funding.
Even businesses that start off profitably still are likely to ultimately fail without a business plan.
I've seen it happen in my business consulting work.
Those that have a real business plan have the greatest probability of success.
This has been shown throughout history, both in trading and business in general.
If you truly have the desire to have the security and lifestyle that trading can provide, then treating your trading as the business that it is, by organizing it properly and having a REAL business plan is the only probably way to expect it to come true.
I invite you
to consider the training you'll discover on the next page, the only Trader Training
where you are walked step-by-step
through the process of
creating your own complete, real and
working Business Plan for your trading business.
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