(Article - being writen and frequently edited...this writing was prompted when a client
"cracked" recently over his concerns about money. The background title - "The Client from
Heaven, turned into the Client from Hell!" Not sure we should use that title?)
All people get triggered/distracted with the negative discourse
involving their money.
Stock traders can get readily upset as they try to manage their money while
trading stock.
Before, during, and after every trade, stock traders have their history with money,
private chatter about money, money belief falacies, that gets them completely our of
control at the very thought of money - and the possibility of, again, losing money.
You don't need much more proof for this than your own trading experience. Stock trader
losers aren't born losers; they have their whole life of money failures to keep them stuck
in the emotional muck of losing.
This you know only too well. Losing your money in the process of trading stocks sucks.
You know it. I know it. We all know it.
Online trading losers hate to lose money in the stock market and when they do and they
virtuall kill themselves and others they imagine taking their money with ongoing negative
self talk.
No, I'm not going to give you the litiny of negative terms used, that you and I can spew
at just the thought of losing money.
(Remember, all 4 types of trader losers have one thing in common - they are not profitable.)
The point is, when trading stock, unless we manage who we are and what we think as
lose money, we can be dangerous to ourselves, both personally (stress, distrustful
relationships) and financially (blowing out stock trading accounts).
Being out of control emotionally over money is the source of most trading stress and it
accounts for most of our losing stock trades. Money is the primary source of divorces and
business failures - trading business failures.
Consultant / Coach - Services:
Then there is the upset we can have over money when we forget what we set out to
accomplish with a trading coach we engage to help us become successful.
This is the buyer remorse part of paying for any product of service. It's the upset with
failed expectations and misinterpretations of promises made, implied, or suggested.
Money upsets are inevitable. Why? Each of us is unigue with regard to goals, expectations,
and our ability to address unfulfilled expectations.
We need to manage who we are - our thoughts, true or false, our relationships, built on trust
or not, and respect or lack of respect for those who wnat to help us.
Allowing ungrounded money conversations to get in the way of our goals is not
only a waste of time it can fill the relationship with distrust, and, whatever you want to
accomplish together, can come to a hault.
So let's address the costs of our stock trading services one more time. Leaning to stock trade
well to make big money this way is expensive, no question about it.
I'm going to compare our stock trader development program with what it would cost you to
trade on your own.
Without our program, you can readily piss through thousands a day. That's what traders tell
us about their trading, when you ccome on board and that's what they put an end to at day
one of the trader development program with us.
So, it's not a matter of can you afford our stock trader development program; it's more a
matter of you're not being able to survive, trading on your own again, without our program.
Think about again losing thousands a day or week. In a matter of a few months you could easily
blow out another $50,000 or $100,000 account.
Oh, and let's not forget the risk to your health and your relationships. Losers are not much
fun to be arouond.
Do you remember what is was like, being out of control with stress, indignance, and being
told you have a short fuse by people close to you, before we began to work together? If not,
call me. I'm real good at playing back all those stories of losing and suffering both personally
and financially.
When you compare business development costs - your costs with us and your costs of
developing any other business - our development program proves to be a bargain.
We all know any other comperable business start up will cost well over $200,000.
For what, you might ask?
Well let's take a look - let's start with the money you will need to pay your accountant, your
attorney, your marketing guy, your sales and marketing program, the lost income, waiting for
a year or two for your business to become the success you dreamt about to generate cach flow.
None of these cost are involved while developing you stock trading business.
And, above all, when you get pissed-off with yourself and your coach over your money issues,
you stop learning.
That's right, if you think you can simply take what you've gained with us in our stock day trading
room so far and go off trading on your own, making thousands a day, think again.
Learning and winning does not happen that way. For you to be a consistently profitable winner
you need to trade with a trading coach, with a winner's trading system, trade with winners in our
trading room. Sorry, there are no shortcuts.
Learning requires ongoing practice with the system, the tools, the strategy, the tactics, and all
the rules - with your consultant/coach right by your side every day trading step of the way to
your becoming a consistently profitable winner.
Don't take my word for it. Talke to those at the top of their game. Ask Roger Federer how he
would be doing all these years without his coach, or Tiger Woods, or Jack Welch.
No trader makes it on their own - and you will not be the first exception.
So, recognize that money is the root of all evil.
You have a choice. You can allow any financial upsets to stop progress or you can use upsets as
opportunities for you to learn something about yourself.
When you recognize and begin to move through these upsets, with our help, you have a very good
liklihood of becoming a profitable winner that much sooner than later.
Remember your unfulfilled expectations, distrust, and monry related upsets are you. They existed
long before we met, at the ready for you to again experience, with or without our presence.You
want to begin to own them and you must learn to move beyond them to become a winner.
Whatever you resist will persist, as a roadblock to your success.
At the very moment you place that next trade, you could be triggered again into inaction or
innefective action. I'll leave that up to you to picture the likely outcome of trading stocks, with or
without our help.
Solving your Money Issues:
Becoming a winner is first about trust.
Trusing yourself with your money issues, your trading abilities and potential, and trusting your
coach - trusing your consultant/coach, in spite of your money issues.
Return to your vision of your very profitable stock trading future, your potential for your stock
trading career and business, over and above your chatter about everything you think you know
about money, stock markets, consulting, coaching, success, and on and on.
Your money concerns, if not managed, can cause you to "snap", from good guy to "bad"
guy, in an instant.
We can all get "bent out of shape" over money. After all, for most, money is who you are.
It affects our sense of security in life. Most use money to judge themselves and others.
Or is it?
When traders ask about the money they can make stock trading, I respond by telling them
that the amount of money they can make is irrelevant while trading stocks.
Trading stocks well is not about the money, at all; it's all about winning.
It's all about learning to trade well. It's all about managing your mood, your trading
relationships, particularly the relationship you have with money that's important. And, of
course, you need to be using a winner's system with a
coach to gain the competence required for trading results.
When you focus on, then get triggered with, money while trading, it's like loosing your "cool"
or should I say you're emotionally out of control - you're done for the day. Stop trading, pick
up a book to read, go for a long walk.
When you let your emotions run unchecked and you make up all sorts of stories about how others are
doing you in, taking your money somehow, you are rendered useless as a stock trader.
You thoughts are full of lies and your body is chalk full of adrenolin. The next day when the
dust settles your body might be ok but you go on trying to be right about that money
matter - the money lies then own you for God only knows how long. You know what I'm
talking about - you've been there trigger by your relationship with money many times.
Here's what I want you to know about money, aside from the weaknesses I've tried to
describe above.
Money is a thing, like a TV set. It's the scorecard of the value in exchange you can add or
offer others or receive in exchange from others, in all the areas of your life, particularly your
stock trading life.
No, there is no boogie man out there ready to jump you, no one is trying to get you or cheat
you in the stock trading business. You are your own worst enemy.
There is either value in exchange or value is lacking in the exchange conversations you have
with other people, including professionals you seek out for their uniquely valuable services.
That noisy, constraining conversation going on in your head represents nothing less than your
life of money talk, at the ready to beat you up again.
That's all old shool crap you need to begin to displace with what's real in the realm of money
matters while trading stocks. For that shift to occur, you need what? You guessed it - a coach.
Allow that money noise go on and on in your head, as nasua, or decide to get help to dicplace
the noise with the truth with what really matter for success.
When you let your money crap get in the way of any relationship, any business matter, any
trade you take on - the game is over and you will be the loser every single time.
Other Thoughts:
Now, when clients ask me about the money they invest for our services for their trader career
and business development I agree, it's a lot of money to pay for our consulting and coaching
services, club menbership, our stock trading system, our stock day trading room fees, and,
on top of all that, our consulting and coaching fees.
My answer is yes it's very espensive. My other answer is that it presents an enormous income
producing opportunity for online traders, with no more than a high school education, if that.
So go right ahead and complain about all the costs. You deserve the time to vent. It also
consumes energy. It consumes time. And it may result with your burning a bridge in your
relationship with us.
So, when you've had enough ranting and raving about the money side
of the equasion, we can then talk about the real business at hand - your making money well
beyond your capability and possibility of generating this level of big money on your own.
Continuing to focus on money in any relationship, any business, especially your online trading
business will be your primary source of failure. To allow yourself to be distracted by a focus
on money is troublesome, to say the least. It's troublesome, preventing you from being
successful, it's troublesome for your relationship with your consultant, and it looks troublesome
as a client for access to services with our organization.
Look at the stitistics - marriage (divorce) and business (failures) - far less than 50% make it.
Why?
Because people are addicted to money - not focused on learning, not focused on serving,
not focused on learning to win.
It's not about the money at all.
It's all about learning to win with the help of your consultant/coach, practicing with a winner's
system, with a winner's strategy, with winners rules, in a winner's trading room - not arrogantly
trading on your own. Leave all the energy draining money talk for all the losers out there in the
stock market. Get focused on what you set out to accomplish with our help. Refuse to be run
by the noise. You need to regain your sense of respect, your energy with a mood of wonder
about your stock trading future, your commitment to make it all happen as planned.
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The Client from Heaven, becomes the Client from Hell
This guy, in his own words, was matched perfectly for our stock trader development program.
He told me at length how he resonated with everything we are up to and everything he read on
our websites that he said could finally turn from losing to
winning.
He was fully energized, grateful, cooperative, and couldn't wait to get started. He called me
the day funds were to be wired telling me he accepted a job and I wished him well. By the
way, he was former broker, a car salesman, and a car sales manager.
A day or so later he called telling me he dediced against the job and wanted to learn to trade
stocks instead. With that kind of a flip-flop, I asked him to wait another day before wiring
money and that we only wanted about half up front, then, if our relationship worked out, he
could wire the balance which represented the cost for our telling him all about our trading
system.
So I was cautious up front, given his changing his mind. We set up the relationship on trial basis,
saying that if he still thought we were a match, and we thought he was a match for us, after
setting him up to trade new school without our system, he could wire us the balance of new
client fees.
The last thing we want is for a client to have another change of mind - quit.
We want only serious clients who plan and coommit to completing the full stock trader learning
program. Saying another way - we don't want losers who sabatage their relationship with us in
any way so as to remain losers. Life's too short for that stuff. We are here to grow winners,
period.
He wired the money and we started out immediately.
Our conversations, my consulting as to his sense of direction (strategy), my coaching
(displacing the old school trading discourse with our new school stock trader thinking),
and his cooperating at every step of the way for a new client went along soothly without a hitch.
There was always a sense of urgency about making progress and I agreed to put other clients
on hold to have 2, 3, and 4 hour consulting and coaching sessions on the telephone.
Then this client, again with a sense of urgency, said he was forwarding the balance or our full
fee to have our stock trading system, the full package. I agreed, acknowledging him as an
outstanding client in every way, and as we both felt we had a strong match for his career and
business development, and he wired the money as promised.
My client was taking it all in, delighted with every word he was taking in, like water with a
sponge. We got a lot accomplished, actually we got everything we set out to accomplish
together - stragety, tactics, rules, comuter, monitors, broker, software installations, screen
layouts, charts, minders, tab windows, and so on - setting him up 100% to paper trade in a
relatively short time with the long consulting and coaching sessions and all. With most
clients this would have taken double or tripple the time, not in client consulting hours, but in
days as most new clients can't handle sessions lasting more than an hour or two.
He was beginning to give up much of what he knew as a an old school (loser) trader. Ah,
and you may have trouble hearing this, my client, a former online trading broker, quickly
began displacing the basics of the old trading game with the basics of the new winners trading
game. Of all the clients, he was amazing in his energy and ability to keep pace with all that
I was delivering.
I felt like I had the client from Heaven. We even exchanged conversations about being in this
business together in the future to serve new stock trading clients.
And he must feel like a jerk by now not knowing how to make it in this extremely competive
stock trading business.
After all, he paid for everything we delivered to be fully set up to day trade, new school, but
he now has no where to go to learn to implement this powerful system to become a consistently
profitable winner. In other words, he has the system but no one to help him gain the competence
he needs to use the system.
Oh, and one other thing. He no longer has access to our trading room to make big money
with the stock trading calls, get valuable risk managment guidance to optimize the profits
and minimize the losses, while trading the calls.
Now that would be like an aspiring tennis player paying Roger Federer's coach $100,000 for
the system they use to keep Federer at the top of his game, only to then quit to go off to trade
on his own, again.
Really? I don't think so.
Learning to be the best at any endeavor, especially day trading stocks doesn't work that way
and he now knows it. Learning happens through practice with a coach at your side every step
of the way.
_____________________________________
Being Possessed by The Money:
Why am I sharing this client history? After all, other than a snippet or two about client related
issues, consultants usually don't dwell on their clients very much.
But this client relationship was different. This client, out of nowhere, bolted again.
He abruptly quit the program, not being able to address his money issues.
My client from Heaven, like a the flick of a light switch, become the Client from Hell.
I'm using this story, not to talk about this client so much, as to share what unexpectedly
happened, so I can use the description of this experience as a base for the money article
above - for the article to be more complete, and for the money issues to be useful for
readers - clients and visitors alike.