Why does it take so long to reach success in trading?

Why does it seem to take SO LONG from the time you first
start trading to get to the point where your trading is
comfortable, confident and consistently making money?

In one book I read on trading, the author said that it takes
seven to fourteen years and lots of “paying your dues”. A
different author said that it takes on average ten to
twenty years.

Who wants to wait THAT long, and who can really affort to?

There is one very specific reason that it takes so long, and
I’ll tell you what it is. I’ll start by telling you what it
is NOT.

It is NOT because you aren’t smart enough to get it.

It is NOT for a lack of sincere effort.

It is NOT because there are no proven, working systems out
there.

It is NOT because the profitable trades only happen once in
a blue-moon.

The reason is that most traders start actively trading
BEFORE they are PROPERLY prepared to deal with everything
that being a trader involves.

So why does that matter? Isn’t that how most people start?

Yes, that is how most begin trading, and that is also why
the “death rate” in trading is so high – most fail to
realize the dream of the nice income stream that they began
with because they established habits, perspectives and
conditions that don’t make for ideal trading.

It is so important because what happens when you learn to
do something the wrong way? You have to “unlearn” all the
wrong things before you can even begin to make things
right. And that can take a long long time.

It is even worse when you’re not aware of what needs to be
addressed and you simply work harder from within the same
framework. How are you going to fix it if you don’t know
what’s broken?

The reason that it takes so long to get to where you want
to be in trading and that you have to pay your dues, is
because the markets WILL teach you what to address, but in
a very cruel way – they will keep handing you losses until
you figure things out on your own.

It would be so much easier to go back to the beginning and
start your trading with a teacher to give you proper
preparation and a solid foundation on which to build your
trading business.

In the subject line of this post, I told you that there’d
be an update. As part of my celebration of being sponsored
by the Chicago Board of Trade for the live webinar and my
wanting to help you improve your trading, I had asked
everyone what they wanted.

The response was excellent and the votes are in! The
announcement of what’s coming will be in your mailbox on
Monday!

Until then, have a restful and enjoyable weekend!

Cheers!

Brian

P.S. A couple hours ago, I got a phone call and the guy
calling me was very pleasantly surprised to find that he
could call and that the phone would actually be answered.

He expected to get a recording and maybe a call back in a
day or two. I am a real person and I do exist. On the
weekends, I spend as much time as possible with my wife
and kids, but if a call comes in, I will answer it.

If you have questions or concerns or comments, feel free to
send me an email, or if you feel like it you can reach me
by phone at (719) 299-0678. Point is, I am here for you.