Investing Information

Why Do You Want to Become a Online Trader?


Motivational guru Tony Robbins teaches that the reason for doing something rates much higher than the methods you use to get the job done. In order to make your goal REAL, you need to attach severe, horrifying, intense and profound fear to failure.

Open up a notepad either on a desk or on your computer in a quite place and write a 50-page letter to yourself surrounding this question:

-- What is going to happen to me 20 years from now if I do not learn the successful skills I need to know in order to become a brilliant or the best on line trader?

Write your answers in detailed pictured thoughts. I have found that writing in length brings out the hidden agenda into realms of things that are too painful to face. This pain aids you to move into a different direction.

Now do the same exercise for this question:

-- Ask yourself - Why do you want to become the best trader online?
-- What kind of trader do I want to become? Good proposal examples: online stock trader, online forex trader etc.
-- What trader market research would I like to pursue? The most popular illustrations: online daytrader, online swing trader etc.
-- What systems would I like to learn as a trader? A good example might be as an online fibonacci trader.

See, if you have a strong enough WHY that answers the following questions pertaining to trading - then you will find a way, no matter how difficult the pain, to get the job done. Here are some ideas for your 50-page letter.

-- Do you want to create a stream of passive income?
-- Do you want to create a sense of security for yourself about where your next check will come from?
-- Do you want to earn income that will act as an extra supplement source cash so that you can afford some of the finer things in life instead of living paycheck to paycheck?

In his "Rich Dad, Poor Dad" series of books, Robert Kyosaki advises against anyone securing a part time job. Instead, Kyosaki suggests starting a part time business.

In my opinion, profitable trading is the perfect business and the best home based business opportunity. It is capitalism's best kept secret that will allow you to work at home. The market makes no distinction about your wealth, educational level, ethnic background or any other aspect of your identity. There is no room for office politics, difficult bosses or tricky employees in this arena. You can trade from anywhere. Follow a few simple rules, and you can run your business as you see fit.

That said; if trading successfully were easy, everyone would reap the profits. The truth is most people that trade will lose money. This is an unpleasant fact for a number of reasons. Nevertheless, the primary cause of why so many people lose money trading is that they simply do not know how to trade.

If you do not know how to trade, that does not mean that you are not smart. On the contrary, many highly intelligent people lose millions of dollars in the market.

If you do not know how to trade, the conclusion is simple - you do not have a:

+ Coach / Mentor and or a
+ System

Most people never master trading because it seems difficult to win and they seldom have access to an experienced, successful trader or trading methodology that actually works. They usually go it alone or attend countless seminars and read even more books. Not that reading books are bad, but in most cases, nearly but not everyone ever reaps excellent results. How do I know this? Because I have actually been there?

Trading successfully is difficult if you do not know what you are doing. Let me show you how to achieve trading success and shortcut your learning curve dramatically. If you have a strong desire to succeed, put in a little work and after a bit of practice, it will become easy.

-=-=-==-=-=-=-==-=-=-=-=-=-=-=-=-=-=-=-
David Jenyns is recognized as the leading expert when it
comes to designing profitable trading systems.

His most recent course Ultimate Trading Systems is a step-
by-step trading roadmap to designing profitable trading
systems. Learn how *you* can become one of his students.
Click Here ==> http://www.ultimate-trading-systems.com

Receive David's free trading tips by sending a blank email to:
==> ultimate-trading-systems@getresponse.com
-=-=-==-=-=-=-==-=-=-=-=-=-=-=-=-=-=-=-


MORE RESOURCES:

Calgary Herald

Energy Investing in a Carbon-Conscious America
Morningstar.com, IL - 7 hours ago
Given that the 110th Congress produced six carbon cap-and-trade bills and that President-elect Barack Obama has so far stood by his campaign rhetoric ...
climate crusaders set to act in Congress MSNBC
The Waxman Wane Investor's Business Daily (subscription)
google news commentComment by Frank O'Donnell President, Clean Air Watch
all 1,638 news articles


PepsiCo investing $3 bln in Mexico over next 5 years
MarketWatch - Nov 20, 2008
By Wallace Witkowski , , ) said Thursday it plans to spend up to $3 billion to build its brands in Mexico over the next 5 years. ...


ON INVESTING - Top ten tips for year-end tax strategies...
Valley News Today, IA - 14 hours ago
Track investment expenses - Work with your advisor to keep a full accounting of deductible expenses associated with your investment portfolio. ...


Current World News

US panel urges action on China currency, investing
Forbes, NY - Nov 20, 2008
By Doug Palmer WASHINGTON (Reuters) - Congress should pass legislation next year to pressure China to raise the value of its currency and require Beijing's ...
US Congress warned of Chinese cyber, space threats AFP
China winning cyber war, Congress warned guardian.co.uk
all 367 news articles


BBC News

Saving and investing: Your questions
BBC News, UK - 1 hour ago
On Monday's programme Vincent Duggleby will put your questions about saving and investing to a panel of experts. In these financially uncertain times, ...


The No Debt Investing Thesis
Motley Fool - 7 hours ago
With all the other action going on in the markets today, I almost forgot that I added a whole slew of green thumbs to my CAPS scorecard today. ...


Help for mounting 401(k) losses
CNNMoney.com - 18 hours ago
Just telling someone to "stay the course" isn't an adequate answer any time an investor expresses doubt or confusion about an investing or planning strategy ...


Buffett firm invests in USG
Chicago Tribune, United States - 14 hours ago
Buffett, known for his investing acumen, is already the the Chicago building-product concern's biggest stockholder. His Berkshire Hathaway Inc. investing ...


SAP to Bring Unified Interface Across Apps Suite
PC World - 4 hours ago
No, of course not," said Andrew McAfee, a Harvard Business School professor and author of "Investing in the IT That Makes a Competitive Difference. ...
Expert Panel: Why Investing in IT Makes Sense in Troubled Times StreetInsider.com (subscription)
all 11 news articles


What Is Long-Term Investing, Anyway?
Forbes, NY - 6 hours ago
After that, a long investment horizon seems to mean two years or three or five or a decade--whatever will comfortably convince the investor to stay put long ...

Investing - Google News

home | site map
© 2006