There are a few hilarious videos on trading that have become quite popular recently.
Perhaps you’ve seen one or more of them.
Here they are.
http://www.youtube.com/watch?v=zZetD7cdj7w
http://www.youtube.com/watch?v=drNzl_-iRP4&feature=channel
and this one, of course
http://www.youtube.com/watch?v=6vW9gUmooFg&feature=channel
They are funny, no doubt, but not so funny when you consider that they make trading look SO easy, they’re not really doing anyone any favors.
The big problem is how the whole thing downplays the challenges in trading. It is certainly NOT so easy that a baby could do it…
Now one thing that IS worthwhile in the golf video, but unfortunately severely downplayed is when he says “do some analytics”.
To be a consistently profitable trader, it takes “system analytics” – where you can put a trading system under the microscope and determine the true strengths and weakness and profit-potential of the system itself – before ever clicking that “Buy” button.
System analytics is not just a nice convenience.
It is a must-have skill, and having the right tool that gives you the right information in a clean, easy-to-understand and easy to use format is essential.
If you don’t already have a staff of analysts to do this type of work for you, then perhaps you could make use of a tool that is so inexpensive that you really can’t afford NOT to have it.
Get the Trading Performance Analyzer & Profit-Potential Calculator and give yourself that edge in your trading that you seek.
“Without it, you’re trading in the dark.” as one client summed it up.
Have a great weekend!
Cheers
Brian
P.S. One of the most frustrating challenges that I hear quite often is having a problem, but not knowing what the problem is. “Is it me?” “Is it my system?” “Is it the markets?”
The Analyzer can point you in the right direction with hard-numbers, and reduce your frustrations tremendously.
http://insideouttrading.com/tpa/
P.P.S. If you are a “Weekend Warrior”, the type of trader that takes time from your weekend to better your trading, then you have a reward coming: use this coupon to save 25% off everything at Inside Out Trading.