Seriously, do you recognize where you are right now?

Yes, this can be a big problem for you if don’t.

[NOTE:  Make sure to read this entire message – it only takes a couple minutes.  Do NOT make the mistake of getting half-way through it and then dismissing the rest thinking that you already were attending to this or that it doesn’t pertain to you.]

Here’s one way to tell if you don’t really know where you are…

Do you sometimes feel at a loss as to what to do to get your trading where you want it?

If so this is a good indication that you don’t understand the developmental curve or at least where you are on that curve.  This is why you don’t know what to do.

You see there are several different stages that you have to go through in the process of evolving from a rank newbie to a fully proficient, very satisfied and consistently profitable trader.

No one goes straight from being a “1” to a “10” without passing through the points in between.

NO ONE.

There is a progression, a developmental curve, that you just can’t skip over.

If you try to, you’re going to have issues.

Issues that you probably have been led to believe are ‘psychological’ issues like discipline.

When the truth of the situation is that you simply need to attend to the more practical matters.

When you do, most if not all of the ‘trading psychology’ issues that you think you had take care of themselves and good trading becomes easy instead of a daunting task.

There is one stage in particular that most traders ‘try’ to skip, but they are not allowed to.  You simply have to attend to this one, no “ifs” “ands” or “buts” about it.

You wind up working through it one way or the other.

You can do it intentionally on your own and in an effective, time-efficient and cost-efficient manner.

If you choose to ignore it, the markets will force you to attend to it anyway, and the markets are HARSH.

To help you understand this evolution that all traders have to go through better, I’ve made a short video where I explain the specific stages in more detail.

(If you get an error message or the video doesn’t play, just double-click it to go to YouTube)

Once you understand these matters (that no one brought to your attention before), it takes much of the stress out of your trading.

Cheers

Brian
“The Trading Turnaround Coach”

P.S.  This time of year is great for preparing for the fourth quarter.  Make sure that you are getting underway!