Stock Trading Psychology - Consistency Is Critical
While making money as a trader is always nice, to do it consistently and reliably is really the main objective.
I mean, even a blind squirrel finds an acorn from time to time.
But if you want to thrive as a trader, you simply must focus on your consistency.
Not the profit or loss on each trade.
Not the headlines or the charts.
Focus on your consistency - an an input rather than an output.
Since you are already trading, the first step to improve your consistency is to simply focus on the process of trading itself.
Trading IS a process so the concepts of process control and process improvement definitely apply here.
The second step (usually the first for those that haven’t already begun live trading) is to focus on your operation as a whole.
This means taking a serious look at your trading business, stepping back far enough from the tree in your face to see the whole forest.
If you do, you will find that you have a better bottom line at the end of the month and the year.
“Focus on the process” is what has transformed many companies in many industries into market leaders and highly admired organizations. Best of all it really does make matters much simpler and much more enjoyable.
Not sure how to make it happen in your trading business?
Have a great end of the week!
Cheers
Brian
“The Trading Turnaround Coach”
P.S. When you broaden your focus you see more clearly and with less stress because things fall into a more proper perspective - and you’ll find that addressing issues and making real progress becomes easier.
Click here to make your trading more consistent
Forex Training Video - Currency Pair Round-up and Coaching Review
Filed under: day trading forex currency, free trading education
Since alerting you to the opening of Bill Poulos’s Forex Profit Accelerator Group Coaching Program on Monday, I’ve received numerous emails requesting more info on it.
Well, I just got something BETTER.
It’s a 8 minute, 55 second video preview of an actual live group coaching session held just last week for one of Bill’s other coaching classes so you can see what his actual students see.
(please allow the page a few seconds to load & then press the play button)
You’ll get a taste of what’s in store for you when you join Bill as a student of his new program before the doors close next Tuesday, March 16th, at 11:59pm Eastern (New York time).
Have a great weekend!
Cheers
Brian
“The Trading Turnaround Coach”
P.S. It looks like Bill’s member’s website preview is still open, too, where you can pick up some extra complimentary bonus video training, and also get access to his “Pip Feeder” service.
I anticipate he’ll pull this offlint to coincide with the closing of his program next Tuesday, so make sure you click on the link below:
Your username is: readyto
Your password is: enroll
[Forex Traders] Forex Trading Tactics Free Live Q&A Webinar
Filed under: day trading forex currency, free trading education
Did you miss Tuesday’s live coaching sessions? If so, all’s not lost…
…Mac X himself is going to hold a live Q&A tomorrow night at 8:00 PM EST.
This is important, because every trader gets started with the dream of becoming financially independent.
Well, Mac started at ground zero… with nothing but his guts and determination…
…and quickly built a trading empire, which now boasts of over 20,000 students! (You know he’s got a killer method with that kind of a following.)
Here’s your link to get on the call:
=> Click here to register for the complimentary call
His private consults, which he almost never does anymore, go for $1000/hour. But you can ask your questions for free.
A few minutes with Mac could change your trading life forever.
What’s that worth?
Don’t miss this opportunity to get on the line with a legend:
=> Click here to register for the complimentary call
Cheers
Brian
“The Trading Turnaround Coach”
P.S. - I hope you didn’t miss the live trading webcasts on Tuesday… but you can still download his software free. Plus, there’s the Q&A with Mac tomorrow night - something that no one should miss!
=> Click here to register for the complimentary call
Psychology of Trading Forex - Enlightening Video on Your Health
You want every edge you can have in your trading right?
Well, trading is definitely a mental game and how you feel directly affects how well you make decisions and also how good your timing is on your actions.
Taking care of how you feel, particularly your health, is a primary responsibility you have as a trader.
The saying “If you don’t have your health, then you don’t have anything” is especially true for traders.
If you don’t feel good, if you aren’t healthy or you have health problems or concerns on your mind, it makes it really tough to trade well.
You give yourself the best chances of good trading when your health is at its optimum, so watch this short video right now.
I was pleasantly surprised when I found this out and I’m sure you will be too.
Have a great weekend!
Cheers
Brian
“The Trading Turnaround Coach”
Free Forex Coaching Session Live Tomorrow
My friend Mac has a special treat in store for you tomorrow. He’s going to show you how automatic trading software can be used even during economic announcements.
So he’s going to have his top trader, James Carter, trade the Non-Farm Payroll announcement this Friday.
Don’t miss it!
=> Register now for this live coaching session!
James Carter is going all out for this session.
In fact, he’s prepared to:
* Answer any question you may have about trading
* Demonstrate Mac’s new automated trading software
under an unusual condition…
* Trading the non-farm payroll! It will be the
ultimate test of the software - can it adapt?
Make sure you’re there for the online event of the year!
=> Register now for this live coaching session!
Cheers
Brian
“The Trading Turnaround Coach”
P.S. - We’re going to see what Mac’s automated software is capable of when James Carter demos it live trading the Non-Farm Payroll announcement this Friday. Plus, he’ll answer all questions in this free coaching session. Sign up now, while there are still spaces available:
=> Register now for this live coaching session!
********************************
Disclaimer - You should use your own attorney approved disclaimer. Here is a sample:
Government Required Disclaimer: This commentary is for informational and educational purposes only. The information contained in this document is not a solicitation to buy or sell any security by New Ireland Ventures, LLC and/or its affiliates, and is not to be used, read, or otherwise available to anyone in a jurisdiction where said availability would be against local regulation or law. Any and all opinions, data about the market, recommendations, etc. are subject to change at any time, and without prior notice. Forex trading involves substantial risk, you can lose a lot of money, and is not suitable for all investors.
Any earnings mentioned are not typical. Your results may vary. Nothing in this publication or any other by New Ireland Ventures, LLC should be considered financial advice, legal advice, or any other advice. Seek out the advice of a qualified professional before any trading, investment, or business activity.
CFTC RULE 4.41: HYPOTHETICAL OR SIMULATED PERFORMANCE
RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL
PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT
ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN
EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED
FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH
AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN
GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE
DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION
IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO
ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Live Forex Trader Coaching Session This Friday
Grab a red pen, and circle Friday on your calendar.
Starting at 8:00 AM eastern time, Mac’s top trader is going to give you a live Forex coaching event.
Whatever question you may have, whatever problem keeps you from being a winning trader, or what settings to use with a certain indicator in a certain timeframe…
All will be revealed when you sign up here:
=> Click here to register right now!
But I gotta be straight about one thing up-front…
This live session uses a high-bandwidth webcast technology, so there’s only limited seating. Make sure you register now to get a seat…
…because of two little extras being done Friday.
One is a demonstration of Mac’s autopilot software being traded live. The other is - well, you’ll just have to see for yourself!
I promise you won’t be disappointed.
Make sure you get a seat:
=> Click here to register right now!
Cheers
Brian
“The Trading Turnaround Coach”
P.S. - If I were you, I wouldn’t even read another email, thinking I could come back and register later.
Later will probably be too late. Go now:
=> Click here to register right now!
It’s timed to coincide with the New York Forex session open.
Disclaimer - You should use your own attorney approved disclaimer. Here is a sample:
Government Required Disclaimer: This commentary is for informational and educational purposes only. The information contained in this document is not a solicitation to buy or sell any security by Retire3 Media, and/or its affiliates, and is not
to be used, read, or otherwise available to anyone in a jurisdiction where said availability would be against local regulation or law. Any and all opinions, data about the market, recommendations, etc. are subject to change at any time, and without prior notice. Forex trading involves substantial risk, you can lose a lot of money, and is not suitable for all investors.
Any earnings mentioned are not typical. Your results may vary. Nothing in this publication or any other by Retire3 Media should be considered financial advice, legal advice, or any other advice. Seek out the advice of a qualified professional before any trading, investment, or business activity.
CFTC RULE 4.41: HYPOTHETICAL OR SIMULATED PERFORMANCE
RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL
PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT
ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN
EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED
FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH
AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN
GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE
DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION
IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO
ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Free Forex Strategy Training Webinar Starts Today
Filed under: day trading forex currency, free trading education
Just a final reminder that the 3 “Forex Smart Start Profit Strategies” online trainings kick off TODAY, Wednesday, March 3rd…
-where you’ll learn the top 4 tweaks you can make today to grow & protect your Forex portfolio forever…
The first session starts at 12:00pm Eastern (New York Time). And then they’re going to do it again at 4pm and also at 9pm to make sure you can attend, depending on your schedule.
The rooms are all almost full, but there still may be time to get in here:
http://smartforextraining.com/y/?i=369216&u=1&l=f87
Cheers
Brian
“The Trading Turnaround Coach”
Forex Trading Strategy Free Webinar - Top Trading Pitfalls with Derek Frey
Have you increased your trading account this year? Do you want to?
I ask because the majority of traders have not. And why not? With the economy the way it is many people are just plain scared, and trading scared will get you nowhere.
For most retail traders this year will be a bust just like that last one because they are stuck doing the same thing they have always done (which has never worked).
Fear is only one of the major pitfalls that cause 99% of retail traders to fail miserably in the Forex.
Register for the webinar here,
https://forex.infusionsoft.com/go/dw820/bit/
Which is why I would like to invite you to an exclusive ForexTradersDaily Training Webinar.
The Top Trading Pitfalls…..
And How to Avoid Them
During the webinar, Derek will reveal:
· The HUGE mistake every trader makes at some point without exception
· The one trading strategy that will instantly boost your trading success
· How to take advantage of a confused economy to leverage your trading
· Derek’s Proven secrets to making the big bucks all the while limiting risk
· Simple tips to take your trading to the next level
· And more!
Register for the webinar here,
https://forex.infusionsoft.com/go/dw820/bit/
The Webinar will start August 19th (tomorrow) at 2pm eastern and will last approximately 1 hour
ForexTradersDaily chief analyst Derek Frey will be presenting during the webinar.
Derek is directly responsible for over 1000 pips for both June and July. (That is 1000 pips each month not cumulative!) And… Derek has managed to keep his risk below 5% on all his trade and still accomplish this.
This Thursday he will be sharing his strategy with you!
If you want to make money in 2009 than you don’t want to miss this webinar.
The Webinar will start August 19th (tomorrow) at 2pm eastern and will last approximately 1 hour
Register now!
https://forex.infusionsoft.com/go/dw820/bit/
You’ll be glad you did. 
Cheers
Brian
P.S. In case you’re not familiar with Derek Frey, I’ve known Derek for years now and he is without a doubt one of the sharpest traders I know. His webinars are enlightening and I always get emails afterwards from traders telling me how much they enjoyed his presentation. I’m sure you’ll get useful info out of this one too, so make sure you don’t miss it!
Register for the webinar here,
https://forex.infusionsoft.com/go/dw820/bit/
4 T’s Trading Method With Dean Whittingham
“The 4 T’s Method:
Create and Operate
Your Own Winning Trading Business”
- With Dean Whittingham
Wednesday July 22nd, 2009
An Interview and Q & A Session With Dean Whittingham, Professional Trader & Trading Mentor
Dean has been trading the markets and studying both successful and failing traders for many years. Employing his understanding of the weaknesses in both traders and their approach, his own experience, and the traits of winning traders, he has developed a 5 step process, including the 4 T’s system that anyone can use to create and operate a winning trading business.
During this webinar you’ll dicover
- The 5 steps to ensure you have confidence in your trading
- The 4 T’s system, how it works, and how you can use it
- Example trading system turned winning trading business
Download the webinar recording by ‘right-clicking’ here
Click here for the 7-day $1 Trial
Control Your Profit and Risk Through Strategic Money Management
“Control Your Risk and Profit Through
Strategic Money Management”
With David Jenyns
Wednesday June 24th, 2009
An Interview and Q & A Session With David Jenyns, Professional Trader & Trading Coach
According to many famed traders, money management is the key to making any trading system profitable. Even with a good entry and exit strategy, how you manage the other factors is what will ultimately control your net bottom line.
Dave was trained by professional traders early in his adult life and has continued his study of trading ever since, while training others over his career as a professional trader himself.
On this webinar, you’ll discover:
* How to strategically minimize losing trades and eliminate big losses.
* The fine art of letting your profits run. Are you selling your positions too early or are you holding on too long?
* The secret to managing open positions - you too can learn this disciplined approach usually reserved only for professional traders.
Download the replay by ‘right-clicking’ here
Get “Trading Secrets Revealed 2.0″ here