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Manage your Self
 
Then Manage your Money
 
 

     

Day Trader - Mood Management

 

We are all familiar with how management influences the success or failure of

any businesses, career, or relationship.

Whenever we sense a lack of control as a manager in any of these important areas,

we feel we may be leaving ourselves open for unnecessary risks that can lead to

failure.

 

So we do the best that we can to manage our affairs. We have many rules in place,

we have boundaries for interacting with others, and we frequently call on experts,

their writings, courses, consulting and coaching, to further manage or otherwise

control who we are and what we are up to for success. 

 

So it is with your online stock trading business, with one important distinction

about management - attempting to manage what's not manageable.

The problem stock day traders have, any type of traders, is that most don't

really know what they can or cannot manage - before, during, and after stock trading.

 

Let me rephrase. Most traders, specifically losers, don't have any idea what to

manage and what not to manage, what's manageable and what's not manageable.

Losers, traders who have not found a way to be profitable trading stocks, do

everything in their power to manage the unmanageable, while ignoring who and

what they really need to have under control.

 

I'll try to explain.

 

Losers track, forecast, guess about and otherwise manage endless bits of trivial

information they focus on: the news, the direction of markets, and the stocks they

feel will make them money. Losing traders act more like managers than traders.

 

Losers laser in on the noise. They are glued to their TV sets, the Internet, and all

the so-called trading experts they rely on literally, to the point of exhaustion. The

chatter, all the widely varying opinions, the computer picks of the day turn out to be

just endless, boring noise. 

 

This noise has little if anything to do with making money in the stock market. They

keep you busy and drain you of the focus and energy you need for what's really

important - trading valid stock setups. 

 

Losers go on trying to manage the unmanageable, the noise, all the while, missing

the point of what they should be managing: 

1. Their trading System (Game) - playing a winner's vs. a loser's system

2. Skills - gain confidence and competence

3. Energy - mood, attitude

4. Relationships - trading with winners

5. Results - trade execution, profitable performance results


Losers fail to take care of themselves.

 

Losers trade with an obsolete stock trading system, listen to the endless noise, ignore

themselveswith regard to mood, energy, how they feel, and how they trade. 

 

Losers trade on their own wondering around for another sure pick, another indicator

to apply, another old-school stock trading course to take.

Losers insist on trading on their own, without a coach, without ever really learning

how to become a winner - without learning how to trade well, in the first place.

When it comes to their stock trading system, the trading game they play, they know by

proof of their negative bottom line that it doesn't work, yet they keep on trading

this dead-end game to the point of emotional dread and financial depletion.

When you ask them how well they are doing as traders, all they use for words are

luck, hope, picks of the day and so forth, words that trap them in the perpetual game

of losing. Ask them about stock trade competence and you will likely find them

speechless.

 

Ask them about trading with humility, not knowing, rather than endless searching for

the answers, trying to have all the answers for everything they do, and they could

easily get upset and feel insulted by the question.


Suggest they start day trading with a stock trading coach, a stock trades mentor you

will usually see losers yawn. Mention how Tiger Woods, who spends endless hours of

practicing with his caddy/coach to master a 10 foot putt and they quickly change the

subject. Ask a loser about the importance of managing their energy, and more

specifically their mood - before, during, and after each trade - and you will be in for

another quick subject change.

So, let's get to the point here.

 

Losers don't know how to take care of themselves, and as such, haven't a chance of

taking care of their stock trading game, or their financial results. 

 

Losers try thier best to manage what's unmanageable (external factors) while ignoring

what should be managed (internal factors).

 

If losers really want to shift from losing to winning they must, repeat must, learn to play 

the stock trading game winners play - trading with winner's in a winner's trading

room. 

 

You want to become a winner in any game, play with winners. Same for the game

of day trading stocks. 

 

As well, trade with a qualified, actively trading consultant / coach, if you can find

one. Stop trading on your own.


That you haven't figured out how to make money with whatever you have been up

to should reveal to you that you haven't a chance of finding the winning formula on

your own. You should now see that all this old school stock trading stuff, found all

over the Web, has been rendered obsolete by the new, big money trading game.

 

As a loser, you and only you can take care of yourself, right now, this very day. 

 

If trading is not working for you, you need an immediate, radical shift in what you

are up to as a trader to ever become a winner again.

First, regardless of what you know about trading, if you are not a winner, get this real

clear - you must stop trading.

 

You, like most of the other losing traders, are prey for the big money winners. You must

stop trading for the sake of your emotional and financial health - now.

Trust me here. I've seen too many losers just about kill themselves trying to get this

trading game right on their own, or with the help of the endless number of useless,

old-school Web site services, only to fail miserably over and over again for the above

reasons.


Summary:


All losing traders are in trouble, big trouble, not for lack of talent or intention, but

simply because the trading game they got used to playing successfully was dramatically

changed by the big money winners.

 

Loser play the new game with old game rules and it's killing them financially.

 

Losers remain, it seems, in a mood of denial about losing. They feel frustrated and

drained trying very unsuccessfully to make money trading stocks with what they have

learned, yet they don't see a way to change or a need for change.

Here's the deal. If you know you are a loser, Stop Trading.

 

Get the expertise you need to take care of yourself as a professional. That you

haven't done this yet, on your own, means you very likely will never do this on your

own or with whomever or whatever you have been listening to.

 

Well, listen to me: stop trading and get some help if you want to be a successful

trader.

 

That was the third time I suggested that you stop your losing trading. Do it.

 

That's why I wrote all this - for you, for you to clearly see that you need to change

your game, change your entire approach to trading stocks.


Get in a winner's trading game with us, if you like, a trading game that's, at least,

winnable.

 

Gain winning trader competence with your stock trade coach using a winner's trading

game.

 

Without this dramatic change, don't expect to shift from losing to winning, you

haven't a prayer of ever being a winner trading old school.

If you are still unclear about any of this, call us. We'd be happy to help you in

any way we can, all for free - for you to put an end to the trouble you find yourself

in as a stock trader.

All you need to do to begin taking care of yourself is to make the call for help.


 

 

Stock Trading Group

 

 

© Copyright Day Traders Win, John McLaughlin 2002-2009

 

Reproduction without permission or without referencing your

source (www.DayTradersWin.com —John McLaughlin, Stock

Trading - Consultant / Coach/ Mentor) is strictly prohibited.

 

If you would like permission to use any content contact us by

email:


 

Service@DayTradersCoach.com

 

 

Call for your Free Consultation with

John McLaughlin


949-218-4114

 


 



 

 

Take Charge!

 

 

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stock trading Career,

 

In just 6 months!

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Now!

 

 

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