The 3 Most Important Ways to Truly Make More Money Trading

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Exciting details inside

Here is a list of the three most important things to either turn profitable or boost your profits:

  • Stop running around like a chicken with your head cut off
  • Stop being filled with confusion, anxiety, and fear
  • Stop making stupid mistakes in your techniques

These are so important that I'm going to devote one email to each of them but start with the first one today.

I do a lot of mentoring and have been mentoring traders for 15 years. This is one of the biggies that stops traders from making money or making more money.

They run around like a chicken with its head cut off.

This shows up in two major ways:

  • They jump from technique to technique
  • They aren't consistent and persistent in executing their chosen strategy

Let's look at the first one.

The classic problem is that people learn a technique then abandon it if they have three losers in a row. They give up and abandon the technique.

Then they do the same thing with another technique. And so on and so on.

They don't trust the technique but, more importantly, they don't trust themselves.

They need to stop jumping around and truly understand the system before rejecting it.

First, back test it over just the last year. Did it work? What was the percentage of winners? What was the average winner and loser?

Depending on the system, this might take just a hour or two.

Oh, and ask the question how many times did it have three losers in a row!

Now, you are evaluating the system rationally not emotionally.

Does it look good so far? Then back test over more years. Now you can make a great decision about the technique.

But going through this back test process will also give you confidence in the technique if the back test if profitable.

Which brings up a major factor related to this jumping around problem: laziness. Most people won't take the time to back test. It's work. I got it but nothing is for free.

They would rather jump to another technique rather than understand the first technique.

A lot of my coaching is all about taking a technique that somebody is using and making it better. People learn a technique and maybe it even works well. But I will then show them how to make it better or how to add options to it or how to reduce the risk in it.

This is one of the major values of my one-on-one mentoring that I do.

You owe it to yourself to check it out.

Click here to learn more and apply now.

Good calm trading,

Courtney Smith


Wealthbuilder LLC
6671 Las Vegas Blvd South
Las Vegas, Nevada 89119
United States
(702) 722-4584

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