Stud Trading versus Dud Trading

961 Words2 Pages

Hanging around big league traders at these trading expos is a temporary experience at best. Although you experience those high feelings, it does not last forever. What if that feeling of success could rub off on your trading performance? And even stay with you throughout your life as a Top Gun Trader? Dud Traders often buy high-priced trading systems at these expos. These trading programs without the right mindset are marginally effective. My stepfather bought some of these systems for over $3,559.00 without improving his performance. He did not have the right mindset to use these trading systems profitably. When you buy expensive carpentry tools at your local hardware store, you still need the correct plans to build that elegant home. It takes more that just having the right tools to build your dream house. The same applies to trading. Stud Trading versus Dud Trading Is this some kind of impractical approach to change your trading style? No way! This innovative system takes you beyond your current comfort level as a Dud Trader to become a Stud Trader. At first glance, you may be tempted to dismiss this empowerment system as simplistic and unworkable. You may be seriously mistaken because your state of mind or mindset determines how well you use your indicator tools. Your indicator tools are useless unless you use them with skill and the right mindset. This is what traders often overlook at their own peril. Right indicator tools with the right mindset ▶It’s the psychology of the right mindset for becoming a master trader. ▶It’s learning how to use right indicator tools that work. The average trader is full of doubt and insecurity because he has... ... middle of paper ... ...is manual is to teach you to trade like a Stud Trader. Somewhat humorously and cynically the common characteristics of traders are discussed such as: · The compulsive trader · The intuitive trader · The system trader · The armchair trader The goal is to teach you to wear the glasses of a professional trader who sees the difference between low and high-probability trades. With these new glasses, your trading account gradually reflects the consequences of making high-probability trades. With more money in your trading account, you can buy more contracts. You experience the law of compounding, and your account grows exponentially. First Universal Law of Trading In the long run, all statistical counts (in this case trading) revert to their true odds. This is the law of large numbers.

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