4 Types of day trading Losers:
- Winners - earn less then $50K/year
All new stock traders expect to make lots of money in this
business of trading stocks.
At first, you do well, with a few small wins, then a couple big
wins. You becomehooked, like most of the gamblers at Vegas.
Then you lose a few stock trades, then you lose a couple big
trades when you quickly notice your negative emotions building
and a not so nice stock trading reality sets in - you may or you
may not notice, you've become a stock trading loser.
Game over?
Not by a long shot. You just keep on losing thinking all the
while this trading game of mine will turn around, with the very
next trade, and I'll become that hot-shotwinner again.
Think again. You're a loser - by our definition anyone making
less than $100,000 a year, all the way down the list to the crash
and burning through one trading account after another, emotionally
distraught and financially drained - and, as you have so painfully
discovered, no matter what you try to do, you remain a loser.
Again, we call all traders who have net profits of less than $100,000
a year losers.
Why? Well, they are not losers in a personal sense, but financially
as they fail to earn thousands a day. Most make less than they did
on their last job.
Here's the point - given the trading game is stacked against you, like
gambling against the house in Vegas, becoming a winner is rare.
The question is - how long are you will you put up with losing?
Why are there so many stock trading losers?
First, it's not necessarily about trading ability or passion. All
seasoned traders have plenty of both.
No, your losing is not so much about you as it is about two aspects
of your trading - your stock trading strategy and your stock trading
system.
Losing is about where you are heading in the trading game (trading
strategy) and how you will make money(your trading system/game).
Stock Trading Strategy - where you are headed:
Your first source of losing is that you are on the same path as all losers.
A path guided by a loser's perspective, beliefs, habits and overall, trader
arrogance - thinking you have, or searching for, all the answers.
The Loser's Trading Strategy:
· Get Rich Quick – focus on the money
· Trading On your own - trade without a stock trading Coach
· Trading in a mood of arrogance - seeking the answers
The arrogance you learned in you non-trading business, that made you
so successful, fails to produce success while trading stocks.
Arrogance is your worst trading enemy - arrogance is a killer.
System - your trading game:
Your second source of losing is about your trading system, your
old school, obsolete trading system / game.
The system you got from others, or developed on your own, from all the
teaching programs you paid for over the years - the books, the courses,
seminars, CDs, expos, and so forth.
Your system includes - your trading strategies, day trading tactics, rules,
your purpose for trading, when you trade,and when you do not trade,
who you trade with and against, and who you do not trade with, and so
forth.
Your trading game, the game that may have worked 5 years ago, is
useless against your primary competition, the few billionaire traders who
take you out financially - over and over again - with the new game they
invented and control.
The trading Game has changed - forever!
Losers play a winner's game with old-school rules, in a billionaire
trader’s sandbox.
Your trading game is your second worst trading enemy.
A rude awakening - It's time for change
Your losing is all about your misdirected trading strategy and your
obsolete trading system - both of which need to be radically
changed for you to ever be a competitive, very profitable winner
again.
The setting for aspiring losing traders is filled with uncertainty
and unlimited risk, with little to no chance for trading success —
making thousands a day - unless traders change with the times.
The loser's games are fraught with peril, pain, and suffering. As
such, losers end up bored, beaten, and blow out accounts.
You now know what's causing you to be a losing trader - your
strategy, your arrogance, and your loser's system or game.
Here’s the point.
If you are not making big money by now, after all you've invested
in yourself and your stock trading business, you are a loser in need
of immediate change.
Acknowledge it.
No shame in that. I was a trading loser and others around me
certainly were, as well.
The question are: when will you have had enough losing? And, what
are you going to do about it?
It's time to shift from losing to winning.
The stock trading game has changed, so have we, and so can you.
Here's what we want you to do next.
Call us, to take that first step toward becoming a winner.
John McLaughlin,
Day Trading, Day Trader - Consultant / Coach
949-218-4114
Helping online trading losers (troublesome, dissatisfied, not
profitable traders, and bored traders) become consistently
profitable stock trading winners, so they can earn thousands
a day, day trading stocks.
Formerly an executive consultant / coach / mentor- over 25
years helping CEO,s and other senior managers develop and energize
their businesses, careers, and relationships - within the banking,
real estate, insurance, and high-tech industries.
Additional Stock Trading Information:
Day Traders Win
Day Traders Coach
Stock Trading Group
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