It’s all too often that traders allow their ego to ruin their trading plan.
But when the market takes a few thousand dollars from you, you are quickly reminded of why you must check your ego at the door and stick to a realistic trading plan.
For example, I’ve been doing this now for about a dozen years, but ocassionally…
Even I get the urge to develop an opinion because I think I can anticipate the market.
But every time I do that, I lose money, and it reminds me to stick to my trading plan.
Case in point:
The unemployment report was released yesterday morning, and I thought I could catch a little coin beforehand.
Well, I was quickly in the red and the market reminded me to steer clear of anticipation.
But after the news dropped and the reaction was absorbed, we were off to the races.
Thankfully, I quickly recovered from my small loss and surpassed my daily income goal.
I’m up over $11,000 in profits for the week heading into the weekend because I circled back to sticking with my trading plan. And I wasn’t even home to trade on Wednesday!
I can’t guarantee you’ll make as much money as I make.
But if you can stick with a result-oriented trading plan that minimizes your losses and maximizes your gains, I’m confident you can be a consistently profitable trader.
If you’d like to learn from someone who’s been in your shoes, I’m here to help.
Click here to view my best-performing service for traders of all levels.
Or simply send me an email at: [email protected]
I encourage you to write down any questions you might have, and be prepared to share with me what kind of trader you are or would like to become.
Remember, there’s a way I can help you reach your goals, we can go from there.
If you’re living paycheck to paycheck, don’t have the capital to trade, or don’t have the stomach for the risks involved, that’s understandable. Trading isn’t for everyone.
And I encourage you to have a real heart-to-heart with yourself before you dabble.
But if you’re serious and feel capable, I look forward to working with you.