A Traders Universe - A
Complete Resource Site For
Traders
Trading: Why are you trading, Who
are you, What do you bring to the markets, When do you trade and
ultimately How.......Give 10 traders the same trading system, and
the one who owns 'The Trading Suit of Armor' program is guaranteed
to out-perform the other 9.
There Is
Tremendous Power In “Why”, If You Put It In The Right Question.
Kids are always asking why. Why this and why that.
They can drive you crazy with the word. But their young minds
are doing exactly what they’re supposed to - trying to comprehend
this huge universe and make sense of it.
It is a shame that as we grow up, our ego gets us away from this
wonderful wisdom.
What is the first question that most ask when introduced to
something totally new. What is that, what is this, is this
called this?
After the mind has identified different things and digested many
of the words, then the question of why comes into play. I see
that this thing exists, but why? What is its purpose and what
does it mean. What gives it value and why is this here
instead of that? How does everything fit together, and why is
it this way?
Our minds seek knowledge, order and purpose. The key thing
being purpose.
The “why” is what matters most.
The “why” is how all of the great accomplishments in the history
of the human race came to be. For every great building or
city constructed, for every great feat achieved, there was someone
with a big enough why to first of all believe that it was possible,
and then to persevere long enough to make it a reality.
For traders, the “why” is also tantamount. But you need to
be asking the right “why’s”. Many books and articles prompt
you to ask yourself why you trade, and it is a very worthwhile
question to reflect upon.
For the struggling traders, who have put in enough time to be
familiar with the markets and the various trading strategies out
there, yet continue to lose more than win and follow the same habit
patterns in their trading, the even bigger question is “Why do you
trade the way you do, knowing that it is losing you money?”
By pondering on this, then answering it honestly, you will find
out if it is your ego that is taking priority over making
money. For example, one trader I know loves the action.
He struggles with picking market direction and has not made his
trading profitable, even though he has been trading for over 15
years. He day-trades and doesn’t like options. He
thinks that they’re boring, even though he knows that there are
several strategies for selling options that would eliminate his
frustration with market direction, he has no interest in it
whatsoever.
Many successful veteran traders state emphatically that one of
the keys to consistent success over the long term, is for you to
trade with a system that matches your personality style. Now,
my friend Tom does this, but still loses money. He trades all
the time and loves it, he just struggles with consistently showing
a profit each month. So there must be something else that
needs to happen.
Tom has several options.
1. He can stop trading. After all, the current
situation is costing him thousands each month. Just quitting
would improve his monthly bottom line significantly. Probably
better than paying off the house.
2. Don’t change. He needs to seriously ask himself if
satisfying his hunger for action is worth the price he’s
paying. It may be, and keeping the status quo is fine so long
as he can afford it.
3. Change his trading altogether. He needs to recognize
that for people to change their core desires is a considerable
task. But if struggling to make money isn’t what he really
wants, and the desire to make consistent profits becomes strong
enough, then perhaps a change can be implemented. It had
better be a strong enough why, though, or it will only be
temporary.
4. Shoot for balance. He can take a closer look at what
is it about the action that really satisfies him, what part of his
ego is so strong that he’s been willing to lose money for over 10
years. He may look to mix what he does in his trading to
satisfy both parts of his personality. He knows of several
strategies that, while boring, will finance his action-packed
fun. In addition to day-trading, make time for the
higher-probability trades that will produce profits.
5. Make a temporary change. Tom also has the option to
temporarily devote time to mastering his trading skills,
particularly those which are currently weak and are the source of
his frustration. Right now, he devotes his time exclusively
to trading, with little time working on himself. There are
plenty of technical and education resources out there.
Regarding why, though, Tom really needs to look further down the
road. If he continues on this path for another five years,
what will be the consequences? Will it jeopardize his
marriage? Will it put him in a position where the choices are
being made for him?
Besides, Tom really needs some guidance to get himself out of
the rut he's in. He's thoroughly caught
up in his current pattern, recognizes the problem, but doesn't know
how to pull himself out.
There is a resouce that could solve Tom's problem. It's the
Trader's Suit of Armor, a survival guide for traders, that provides
the solution to this issue and many others that traders face.
It shows you how to protect yourself from the numerous pitfalls
that cause 90% of all traders to lose money, and survive long
enough to become one of the consistently winning traders.
The course can be found at:
Trading Suit Of Armor
When you go there, you can find out all about the course, plus get
a sneak peak at it.
The course has been described as "should be required reading for
all traders, at all levels of
experience."
I personally recommend it too. It's powerful stuff that will
save you and your money, plus take the stress out of your
trading.
Sincerely,
Dean Whittingham
admin@atradersuniverse.com
P.S. Don't pass this up. The course is backed by a
money-back guarantee, so you have nothing to lose and everything to
gain by checking it out!
Trading Suit Of Armor
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