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Your basic futures trading goal should be: Wanting To Learn How To Trade Futures.In my opinion and experience I strongly feel that you will not become a successful trader unless you properly learn how to trade the markets. Settling for anything less would only drain your pocket book and therefore cripple you as a trader. You may be asking yourself, "what does he mean by settling for anything less"? What I mean is purchasing extremely expensive "Mechanical Trading Systems" (of which many "promise the moon", which most often falls short), letting a "CTA" trade your money or subscribing to a "Fax/E-Mail Service", of which cost $500/+month ($6,000/yr.) and up, if you can believe that! Do you realize how much money that is for the fax/e-mail service provider with 50 clients at $500/+month? That comes to $25,000/+month and $300,000/+ a year -- why trade if you're making that kind of money with absolutely no risk! What you end up doing when you purchase a "Mechanical Trading System", give your money to a "CTA" or "Subscribe to a Fax/E-Mail Service" is relying 100% on someone else's findings without any decisions coming from yourself. Your whole livelihood is then dependent upon someone else. Who wants to go through life that way? Certainly NOT ME - and I'm sure you don't either! Therefore, relying on someone else is NO way to successfully and consistently trade — in my own personal opinion. Trading is an art, not a science, that is why you must learn how to trade for yourself. With over 16 years of experience under my belt, the one thing that I must stress upon you is — Learning How To Trade For Yourself Is The Way To Truly Succeed In Today's Markets! Sit back and try to imagine relying on your income (to live on?) from trading when you're dependent on someone else's findings (mechanical system) or daily faxes/e-mail service that are "supposed" to give you great signals, compared to actually developing a skill yourself? REMEMBER: If You Decide To Learn How To Trade For Yourself You Will Most Likely Never Lose That Innate Skill That You Develop. On the other hand, if you depend on someone else, I'm pretty sure the consistency will eventually go away, if there is any consistency to begin with. Sure you may have a great month or two, but three years down the road will you still feel confident that you'll be able to support your family? I HIGHLY DOUBT IT! Remember, you would be depending on someone else to pull through for you. Trading is like any other worthwhile profession out there, you must learn a specific skill. A lawyer, doctor, accountant, engineer, etc. do not rely on someone else for their skill, they, like professional traders have to learn the skill in order to make a living. Nothing in life is that easy! The reason I chose to discuss "Mechanical Trading Systems", "Fax/E-Mail Services" and "CTA's" is because I truly believe that you will not become a successful trader using them. Instead, I believe you must LEARN how to trade in order to last in the trading business. I did not ramble on in order to toot my own horn, in fact, if you do not choose me to be your educator, choose someone else that provides educational services, just make sure that you don't purchase what I've been discussing. If you do, I'm pretty sure that you'll be calling back in the future to tell me that I was right after all. You must understand that I've already been through the learning curves that every futures trader goes through. I'm trying to save you both time and money by skipping that part of the learning curve. Once again, there is no "holy grail" or "magic bullet" out there that's going to make you money in the markets without having to do any work, nothing in life is that easy, and if there were, everybody would be doing it, wouldn't they!? I do however feel that what I have to offer you is a very good sound trading "methodology" that makes good logical sense. I teach various trading "strategies" and "techniques" that will make the S&P 500/E-mini Market (Any market for that matter) seem less random and much more predictable in nature. You must also understand that what I teach is not 100% mechanical in nature (although the stop placement & trade management is mechanical), instead there is a very small element of subjectivity. This in turn will help you become more intuitive to the markets, therefore teaching you a skill that will never be taken away from you. Like the old saying goes, "you never forget how to ride a bike", the same holds true for "trading". The longer you use what I teach, the better you should get in your trading. The same trading concepts, patterns and formations occur day-in and day-out, nothing changes in terms of patterns in the markets, the only thing that changes is the markets volatility. I will clearly show you how to trade these patterns and formations that occur on a daily basis. The one thing I will NOT do is sit here and tell you that I've got some "holy grail" mechanical trading system or "magic bullet" that will make you a millionaire overnight, I'm simply going to show you how to trade the S&P 500/E-Mini Markets (or any market), in order for YOU to become a more successful trader. The one thing that I want you to get out of this reading is the importance of LEARNING HOW TO TRADE FOR YOURSELF INSTEAD OF RELYING ON SOMEONE ELSE'S TRADE RECOMMENDATIONS (Mechanical Trading Systems, Fax/E-Mail Services & CTA Advisories, etc.) – it's that simple. I hope you make the right decision that's best for your individual trading needs, because I know there are a lot of different choices out there to choose from. As you already know, there are 100's, if not 1,000's of websites out there promoting different systems, software, courses, etc.- and as you're probably already aware many of them show you perfect buy and sell signals on their charts, claim to have the "holy grail", give exaggerated claims, not to mention many of them don't even include a phone number, and if they do it's very difficult to actually talk to the person, let alone the creator of whatever they're trying to sell. All I'm trying to do is warn you of what's out there, because if I were in your shoes I would want to know the same things that I'm trying to convey to you. I am in NO way trying to put down others - I guess I'm just reiterating what you probably already know - so let me stop now. Tuition Alone Does Not Guarantee Success… my trading methodology requires a personal commitment to excellence. I do not promote the idea of "wealth without work". Furthermore, I strongly advise you to be highly skeptical of any Course, Service or System promising phenomenal results with little effort. Click here to read about some of my Student Trader Success Stories! |
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Daytrading Involves High Risks and YOU Can Lose A Lot Of Money.
Hypothetical or simulated performance
results have certain inherent limitations. Unlike an actual
performance record, simulated results do not represent actual
trading. Also, since the trades have not actually been executed,
the results may have under- or over-compensated for the impact,
if any, certain market factors, such as lack of liquidity. Simulated
e mini trading programs in general are also subject to the fact that
they are designed with the benefit of hindsight. No representation
is being made that any account will or is likely to achieve
profits or losses similar to those shown. |
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