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(1): This is a FREE service and should be used
in conjunction with our 60MinuteTrader Online
Trading Course which can be
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Are
these 'myths' sabotaging
your trading success?
Hi,
the other day I was watching one of those popular cable TV news shows...
there was a debate about why so many people can't seem to make money trading
stocks. The panellists argued about the market for awhile before I lost
interest.
The
reason I mention that is because it reminded me of a trading course
I was privileged to receive last Fall before the general public had a chance
to get their hands on it. This course addressed some of the very issues that
these so-called "experts" were arguing about on the TV show...
Most
trading courses just jump right to the "meat" and totally "miss
the boat" by ignoring what I believe to be the #1 reason why traders
lose money trading the markets - THE TRADER!
Like
it or not, we're all creatures of habit, and most of us are influenced
by what we've heard over the years. The trading course I'm talking about has
plenty of meat, and it's one of the best step-by-step courses I've ever
seen.
But
what's equally impressive is that it walks the student through
some commonly-held trading beliefs, or "myths". These falsehoods
are nothing but cobwebs that clog your mind and get in the way of clear,
sober thinking.
I
wanted to share some of them with you here. Make sure you understand
these clearly... It's THAT important...
Visit our Online
Trading Course
AND
http://www.netnewsrelease.com/profit
Myth
#1: Buy & Hold Is Safe
This
is an investment strategy based on the belief that the stock
market always goes up in the long run. The problem with this strategy is
that the long run can be a very long time. For example, the Dow Jones
Industrial Average did not return to its 1929 peak until 1954... A FULL 25
YEARS LATER!
During
that time it dropped precipitously incurring unacceptable risk
which no one would sit through. To make matters worse, few money managers
can duplicate the performance of the general market. The late 90's dot.com-inspired
boom and bust is another example of why buy and hold is not safe. For every
strategy, whether an investor or trader, you must have an exit strategy that
limits risk, otherwise you are just buying, holding, and hoping (or
praying).
That's
right. I believe the popular Buy And Hold "strategy" of which
so many subscribe and so many books have been written about is complete
nonsense.
***
The Reality Is... You need to use a trading method that applies
to any market - bull, bear, or sideways - and that potentially gives you a
winning edge.
Do
you have the emotional maturity to follow simple, step-by-step trading
techniques?
Myth
#2: Trading Is Easy
OK,
sure; the physical act of trading is easy, but making money consistently
is not easy - otherwise everyone would be rich!
It's
too bad so many well-intentioned people are losing money because someone
told them that "trading is easy"... THEY WERE NEVER GIVEN THE
TOOLS TO MAKE TRADING EASY!
Why?
Because most people follow the crowd and look for the easy way
out.
***
The Reality Is... Trading doesn't need to be difficult, but it
requires diligence on the part of the trader to follow a good trading
method, use good money management principles, and trade with discipline,
none of which are easy but all which are being done by successful traders.
Most
of the so-called "experts" that tell you trading is easy never
tell you about money management and discipline, let alone a winning trading
method.
Myth
#3: The Holy Grail Of Trading Exists
I
believe this is what prevents most traders from becoming winners.
They go from method to method, chasing after the next sure thing only to be
disappointed over and over again.
Amateurs
think that they should be able to win on every trade, or
practically every trade. Amateurs believe it is possible to achieve a near
straight line positive equity curve with no significant drawdowns. Amateurs
usually abandon their latest trading method after a few losing trades in a
row concluding that the method just doesn't work.
Well,
it should be clear by now that the reason most amateurs remain
amateurs or give up trading all together is that they never stop believing
and pursuing the Holy Grail.
***
The Reality Is... The Holy Grail of Trading DOES NOT exist.
Of
course, you can waste the best years of your life trying to find it if you
don't believe me.
This
is a mistake I believe 95% of people trading the markets make!
There
are actually 12 myths in total that could be sabotaging your
success. More of them are revealed at the following website:
AND
This
is one of the most professionally-produced and "meaty" trading
courses I've ever seen. It's the complete package and includes what a lot of
other courses just leave out...
If
you're looking for a no-B.S., hands-on, step-by-step trading course
that's totally realistic, then you really need to rush over to the following
website and give it a fair try.
AND
Good
Trading,
http://www.60MinuteTrader.com
http://www.InternetUnlimitedllc.com
P.S.
If you want to spend LESS time trading, and MORE time relaxing,
then you owe it to yourself to personally evaluate what could potentially be
the trading course that "fits" your trading style like a glove...
it's all explained at:
AND
Disclaimer:
Futures, forex, stock, and options trading is not appropriate
for everyone. There is a substantial risk of loss associated with trading
these markets. Losses can and will occur. No system or methodology has ever
been developed that can guarantee profits or ensure freedom from losses. No
representation or implication is being made that using the this methodology
or system will generate profits or ensure freedom from losses.
