THE BASICS OF FOLLOWING ME

1.  I BELIEVE ANYONE CAN LEARN TO BECOME A PROFITABLE TRADER

2. TRADING FUTURES IS FUNDAMENTALLY DIFFERENT FROM TRADING EVERYTHING ELSE.  

3. I AM NOT TRADING FUTURES TO MAKE  10-20% ANNUAL RETURNS, NEITHER SHOULD YOU. THERE ARE EASIER WAYS TO DO THAT.

4. I DO EVERYTHING I CAN TO MAKE TRADING PROFITABILITY ROUTINE AND BORING AND, IN THAT PROCESS REDUCE FEAR, ANXIETY AND STRESS.

5. I HAVE NO IDEA IF ANY ONE TRADE WILL WORK BEFORE I PLACE IT. I AM SIMPLY PLAYING HIGH ODDS TRADES.

6. I DON'T KNOW WHY THE MARKET BEHAVES AS IT DOES.  I DO HOWEVER KNOW THAT IT DOES BEHAVE IN A PREDICTABLE FASHION, THAT'S GOOD ENOUGH FOR ME

6. FUNDAMENTAL ANALYSIS DOES NOT MEAN ANYTHING IN DAY TRADING. 

7. I BELIEVE I CAN CONSISTENTLY PULL MONEY OUT OF THE MARKET ON A DAILY BASIS.  IT REQUIRES A VERY HIGH CONSISTENT WIN RATE TO DO THAT.  I KNOW HOW TO ACHIEVE THAT

8. I BELIEVE THE SMARTER YOU ARE, THE HARDER DAY TRADING IS.  BEING SMART IS NOT NECESSARILY AN ASSET IN DAY TRADING. OFTEN ITS A LIABILITY

9. I TRADE FOR PROFIT, NOT FOR EXCITEMENT.  MOST RETAIL INVESTORS TRADE FOR EXCITEMENT.  

10.  YOU MUST BELIEVE YOU CAN MAKE ALOT OF MONEY BEFORE YOU CAN MAKE MONEY, THEN YOU MUST BE WILLING TO FOLLOW A SPECIFIC TRADE PLAN IN THE PROCESS OF ACHIEVING THE GOAL. 

11.  I LOVE IT WHEN SOMEONE TELLS ME YOU CANT MAKE MONEY DAY TRADING.  LOVE IT.   THERE IS NOTHING BETTER THAN DOING SOMETHING SOMEONE ELSE SAYS IS IMPOSSIBLE 

12.  I AM NOT SEEKING FAME OR GLORY.  SIMPLY HELPING A FEW TRADERS AS I GO ALONG.  THIS IS MY WAY OF GIVING BACK.   THERE ARE OTHER WAYS TO TRADE, BUT I JUST FOCUS ON MY WAY.






1 comment:

  1. Truer words than the above were never spoken!

    ReplyDelete