Why Do You Want to Become a Online Trader?
Motivational guru Tony Robbins teaches that the reason for doing something rates much higher than the methods you use to get the job done. In order to make your goal REAL, you need to attach severe, horrifying, intense and profound fear to failure. Open up a notepad either on a desk or on your computer in a quite place and write a 50-page letter to yourself surrounding this question: -- What is going to happen to me 20 years from now if I do not learn the successful skills I need to know in order to become a brilliant or the best on line trader? Write your answers in detailed pictured thoughts. I have found that writing in length brings out the hidden agenda into realms of things that are too painful to face. This pain aids you to move into a different direction. Now do the same exercise for this question: -- Ask yourself – Why do you want to become the best trader online? -- What kind of trader do I want to become? Good proposal examples: online stock trader, online forex trader etc. -- What trader market research would I like to pursue? The most popular illustrations: online daytrader, online swing trader etc. -- What systems would I like to learn as a trader? A good example might be as an online fibonacci trader. See, if you have a strong enough WHY that answers the following questions pertaining to trading – then you will find a way, no matter how difficult the pain, to get the job done. Here are some ideas for your 50-page letter. -- Do you want to create a stream of passive income? -- Do you want to create a sense of security for yourself about where your next check will come from? -- Do you want to earn income that will act as an extra supplement source cash so that you can afford some of the finer things in life instead of living paycheck to paycheck? In his “Rich Dad, Poor Dad” series of books, Robert Kyosaki advises against anyone securing a part time job. Instead, Kyosaki suggests starting a part time business. In my opinion, profitable trading is the perfect business and the best home based business opportunity. It is capitalism's best kept secret that will allow you to work at home. The market makes no distinction about your wealth, educational level, ethnic background or any other aspect of your identity. There is no room for office politics, difficult bosses or tricky employees in this arena. You can trade from anywhere. Follow a few simple rules, and you can run your business as you see fit. That said; if trading successfully were easy, everyone would reap the profits. The truth is most people that trade will lose money. This is an unpleasant fact for a number of reasons. Nevertheless, the primary cause of why so many people lose money trading is that they simply do not know how to trade. If you do not know how to trade, that does not mean that you are not smart. On the contrary, many highly intelligent people lose millions of dollars in the market. If you do not know how to trade, the conclusion is simple – you do not have a: + Coach / Mentor and or a + System Most people never master trading because it seems difficult to win and they seldom have access to an experienced, successful trader or trading methodology that actually works. They usually go it alone or attend countless seminars and read even more books. Not that reading books are bad, but in most cases, nearly but not everyone ever reaps excellent results. How do I know this? Because I have actually been there… Trading successfully is difficult if you do not know what you are doing. Let me show you how to achieve trading success and shortcut your learning curve dramatically. If you have a strong desire to succeed, put in a little work and after a bit of practice, it will become easy. -=-=-==-=-=-=-==-=-=-=-=-=-=-=-=-=-=-=- David Jenyns is recognized as the leading expert when it comes to designing profitable trading systems.
His most recent course Ultimate Trading Systems is a step- by-step trading roadmap to designing profitable trading systems. Learn how *you* can become one of his students. Click Here ==> http://www.ultimate-trading-systems.com
Receive David's free trading tips by sending a blank email to: ==> http://www.ultimate-trading-systems.com/stocks.html -=-=-==-=-=-=-==-=-=-=-=-=-=-=-=-=-=-=- |
Other Trading System Articles
Do You Know The Top Teeth Whitening Options? Every one wants a whiter brighter smile. Due to age, smoking or caffeine, teeth can end up stained and yellow looking. Putting up with discolored teeth is a thing of the past and so is hiding your smile. With so many different options available, it is possible to find teeth whitening systems to suit anyone and any budget.Before trying any ...Placing Stock Sell Stops If you follow my articles or my stock analysis, you already know that I am not a supporter of physical sell stops due to the fact that market makers can manipulate these stops during the day. A market maker can drive the price down artificially during trading hours setting off physical stop after physical stop only to allow the stock to rebound ...Reciprocal Linking: Is it Still Worth the Effort? When the Internet was young, ten years ago, one of my most pleasurable online activities was to go to a site’s link page and follow the links to some cool sites. Equally fascinating was the prospect of having my site listed on some of those links pages, which prompted me to get into the activity now known as reciprocal linking, or trading links ...Forex Scams: How to Spot Them A Mile Away In recent years, investors have witnessed increased number of investment opportunities and offerings. While the complexity and success of these investment products vary, technological innovation has made the Forex market one of the fastest growth areas. Many of the leading Forex brokers reported up to 500% rise in the number of new retail cust ...Forex Trading Machine, Is It For Real? Trading the Forex markets has become one of the most popular activities among people from all walks in life but with the solid interest of gaining financial freedom away from the traditional environments of the office work.But Forex trading is not always easy. You will need a good amount of knowledge related to how the currency markets be ...A Real CRM Strategy or Just Tracking Customers? Exactly what is CRMThe idea itself is nothing new; its roots have been around since trading began. The principle of looking after your customers so that they come back regularly is, after all, merely the basis of good trading. In an increasingly competitive commercial world however, strong customer relationships take on an increasing impo ...Environmental Issue: Solar Power for One Million Roofs The U.S. Department of Energy's (DOE) Million Solar Roofs Initiative is an ambitious project, but it's important to America in terms of generating and conserving energy. The Initiative proposes to install solar energy systems in one million U.S. buildings by the year 2010.The project was first announced on June 26, 1997, by President Bill ...Crude Oil - Big Profits Are Being Made Are You Being Left Out? Have you missed out on the recent huge move in crude oil? If you have and you are wondering if crude oil will stay high then this article is for you.Here we will outline the factors driving crude oil prices and how you can get involved and make huge profits, even if you have never traded before!Black goldThere remains no via ...Bigger Than McDonald's - Yes, Bigger Than McDonald's "Bigger Than McDonald's? Yes, Bigger Than McDonald's ..."by: Georges Yared Who has the audacity to say that ... even think it? Nobody is bigger than McDonald's. After all didn't McDonald's change the way we Americans eat? Didn't fast food and drive-thru's become the norm? Didn't McDonald's capture the hearts and therefore, the appetite of ...Setting Up An Affiliate System Affiliate programs enable businesses to generate a lot traffic and consequently boost sales through promotion by third party individuals or sites. It is a cost-effective way to advertise your products and services as you dominantly pay for only efforts that turn into sales.Setting up an affiliate system can be an easy or overwhelming ...Trading Forex - 8 Steps To Becoming A Winning Trader You're new to forex, or perhaps you're not new. You're just not making any money. I know it's not comforting, but you're not alone. As I'm sure you've heard, an estimated 90% of traders lose money.So, what are you to do about it? Hope and pray that you're trading turns around? Buy any and every new trading product that comes on the market ...How to Evolve a Financial Success System More often than not, people associate success with money and wealth. While that is a lopsided view of success, it is true that success often brings with it financial rewards; it is also true that many people who aspire to success are thinking of the financial rewards that will follow when they succeed. But what if your idea of success is purely ...You Only Need To Be Right 25% of The Time When Trading If you are in the stages of learning to trade, you will become a compilation of all those you learned from. You will become your own unique breed of trader. We all come to the table with certain expectations and beliefs. We all come with some emotional baggage. We all learn from reading, studying websites, and other traders. Some informally, som ...'Fixed Ratio' Money Management Money management is the most important and overlooked subject in trading!In my opinion, the best money management system for Forex/Futures traders is outlined in great detail in Ryan Jones' book The Trading Game: Playing by the Numbers to Make Millions. In this book, he teaches 'Fixed Ratio' money management. This method, he argues, will ...Spot Uranium Price Creeps Up to $61/Pound as Buyers Begin to Worry About Supply TradeTech published the weekly spot uranium price indicator of $61/pound, for the week ending November 10th in Friday’s edition of “Nuclear Market Review.” It is posted on the Trade Tech website. But, judging from the number of utilities seeking U3O8 equivalent, it is unlikely spot price increases will stall or stabilize at this level. Nor will ...Forex Trading Education And A Successful Trading Career Everyday more and more people decide to enter the world of Forex Trading with the high expectations of having an income source that will allow them to work from anywhere in the world they may choose to live, to maintain and even improve their current life style and get all this without being attached to a cubicle and fixed schedule traditional ...Top 10 Principles for Positive Business Ethics This morning, I read about a company using on-line auctions to defraud customers. Last week, I consulted on an ethics complaint where a business coach betrayed a client’s confidentiality. And, recently a Physician was convicted of insider trading based on information from a patient, a violation of both business ethics and her professional ethics ...What Should I Be Doing In The Stock Market? "Every day the bull market continues, brings us one day closer to the next bear market."Jeff Bryant, HomeTrader Trainer"Should I be trading the long or short side of the market now?""Should I wait a couple of months until the market looks better?"These are a couple of the questions my students have been ask ...Stock Trading Systems Stock trading system software is getting increasingly popular among stock exchange traders. There are also handbooks and guides written by seasoned stock traders that can come in very handy. These are useful for professional traders as well as for amateurs looking to make some money in the stock market. A stock trading system is a software appli ...General Guides for FOREX Trading Newbie Being new to FOREX trading? Don’t worry, getting started in FOREX trading is easy and you can always test your skills first in a demo account before you go ‘live’ with real money. To get started in FOREX trading, we have to get to know what FOREX is. For the inexperienced, FOREX trading involves buying and selling the different currencies of the ...Are There Any Great, New Mining Stocks Left? StockInterview: Let’s get the cold spots out of the way so investors are forewarned about which countries to avoid.Lawrence Roulston: A lot of the (mining) companies that went overseas in decades back are recognizing the political difficulties with dealing in some jurisdictions. These include places like Indonesia, Columbia, and several o ...Cash for Annuities Generally, people from middle-class families think that their financial needs will not be met after retirement just through a pension fund or other employment related financial benefits. Therefore, they look into investing in annuity plans. Annuities provide a fixed income paid at regular intervals over a specified period of time. An annuity is ...American Home Builder Tips; Senior Baby Boomer Market Although they're loathe to admit it, Baby Boomers are rapidly becoming senior citizens. However, just has been the case throughout their lives, the fact that Boomers are entering their golden years has made the senior market the fastest segment of the real estate market today. If you're a builder, this can mean more sales for you, but you'll hav ...FOREX Online Trading - An Introduction The Foreign Exchange Market (better known as the FOREX or FX market) as we know it today was established in 1971, following the abolishment of fixed currency exchanges. Operating 24 hours a day, 5 days a week, the daily currency trades on the FOREX market are worth in the region of $1.9 trillion US dollars making it the world's largest market a ...Build Your Own Profitable FOREX Trading System in Five Simple Steps If you want to make big profits, then you should know that the best way is do it for yourself - and not rely on others.Any trader (even a novice) can build a successful FOREX trading system - and this article shows you how to build a profitable system in five simple steps.What Makes a Successful FOREX Trading System?Successf ...A Critical Review of Metastock 8.0: Is Upgrading Worth the Money If you are like many other traders, you have been eagerly waiting for the release of Metastock 8.0 for one reason, and one reason only, the reportedly redeveloped system tester. Metastock`s one major flaw has always been its lack of back testing capabilities, though previous versions of Metastock are head and shoulders above the competition on o ...Why Pegasus Opera II is the best Accounting Software Pegasus Opera II is the best accounting software on the market. Why? Well for one it is one of the leading providers for financial management. It is ideal for small to medium-sized businesses. Obviously choosing the right type of accounting software can make a huge impact on any business. And also choosing the wrong software can have devasta ...Online FOREX Trading – To Be A Success Don't Pay Attention To The News! Can studying the news help you make profits in online FOREX trading? The answer for most traders is a no.In fact, paying attention to the news in online FOREX Trading will lose money. Why? Read on and let’s find out.How and why prices moveIn online FOREX trading (and any financial market for that matter) prices move based up ...Black Pepper - Piperaceae - Helps To Increase Circulation Black pepper information and how it is used as a herb in alternative herbal treatments, to treat ailments and problems, such as stimulating the entire body, boosting circulation, fighting food poisoning and dysentery, helping to relieve diarrhea, as well as nasal congestion and sinusitis.Although we believe in the therapeutic and healing ...A Guide to Forex Trading System There is no other market in the world that can compare itself to the foreign exchange market. With almost USD 2 trillion in daily average the Forex market is bigger than all the stock and bond markets of the entire world. A better way to understand its enormous size would be to compare it with any national stock exchange. Let's use the New York ...
|