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@getre sponse.com
-=-=-==-=-=-=-==-=-=-=-=-=-=-=-=-=-=-=-


AddThis Social Bookmark Button

In The News:


Maktoob Business (press release)

CIC Head Wary of Investing in Western Banks
Wall Street Journal - 21 hours ago
Lou Jiwei, who head's China Investment Corp., said the uncertainty surrounding Western banks and the policy decisions that may determine their fate makes it ...
UPDATE 1-China wealth fund lacks stomach for financial buys Reuters
Head of China's biggest government investment fund says not ... In-Forum
China reluctant to invest in foreign banks The Associated Press
FinanceAsia - Channel News Asiaall 239 news articles

Toss your stock-investing assumptions, Bill Gross says
Los Angeles Times, CA - 22 hours ago
So says Bill Gross, noted bond guru at Pacific Investment Management Co. in Newport Beach. Perhaps not surprisingly, Gross argues that it’s “better to own ...

Ziegler Exchange Traded Trust Announces Change to Previously ...
MarketWatch - 7 hours ago
Prospective purchasers of the NYSE Arca Tech 100 ETF should consider the investment objectives, risks, charges and expenses carefully before investing. ...

Oyak Cement says investing despite shrinking market
Reuters - 13 hours ago
ISTANBUL, Dec 3 (Reuters) - Turkey's Oyak Cement Group said on Wednesday it was pressing ahead with investments despite an expected 10 percent decline in ...

AFP

Recessions Are Perfect for Currency Investing
Seeking Alpha, NY - 10 hours ago
One thing that I love about the currency market is that there is always a currency or two going up at all times, even when stocks and commodities are ...
Yen Gains on Concern Recession Will Spur Repatriation of Funds Bloomberg
Market Overview by Forex Yard Forex Hound
Weekly Forex Wrap-up Forex Factory
istockAnalyst.com (press release)all 365 news articles

Your Once-in-a-Lifetime Investing Opportunity
Motley Fool - 3 hours ago
But it was investment banks and financial institutions -- the largest and fiercest players on Wall Street -- that were literally ground zero for this ...

Research and Markets: Wall Street's Buried Treasure: The Low ...
MarketWatch - Dec 2, 2008
BILL KRAFT, trader, speaker, trading coach, and author of Trade Your Way to Wealth "Investing without Wall Street's Buried Treasure is like trying to live ...
A Blitz of Funds Reopen for Business U.S. News & World Report
Fidelity to Open Contrafund, Low-Priced Stock Fund (Update1) Bloomberg
all 44 news articles

A slow and steady investing strategy
CNNMoney.com - 10 hours ago
Investor Daily: During the flat market of 1966-1982, investors who kept investing every month earned better returns. By Adam Lashinsky, senior writer SAN ...

ProFunds Group Names Todd Johnson Chief Investment Officer
MarketWatch - Dec 2, 2008
Mr. Johnson, formerly with World Asset Management, will oversee all investment operations for ProShares ETFs and ProFunds mutual funds. ...

Global Investing Roundups
Money Morning - Dec 2, 2008
NBER: US in Recession Since Dec. 2007; Fed Reserve Could Buy T-Bills; JP Morgan Sees 0% Interest Rates; Pilgrim’s Pride Files for Bankruptcy Protection; ...
investing - Google News
Your Ad Here

Games at Buy.com

Holiday Home Store at Buy.com

Exchange Traded Funds

They call 'em ETFs.There are hundreds of them.The mutual funds don't want you to find out about them.Why?Because they beat the socks off mutual funds in so... Read More

Press Release Scams and Successes: Reading Between the Lines

Press releases are a means through which companies can keep the public up to date regarding their recent affairs. It is the duty of every public company... Read More

The Myth of the Earnings Yield

AbstractA very slim minority of firms distribute dividends. This truism has revolutionary implications. In the absence of dividends, the foundation of most - if not all -... Read More

The Key Ingredient To Increase Preconstruction Profits By Over $20,000

One of the greatest preconstruction investing issues that I hear from individual investors is that they can't get access to what they believe are good projects. Regardless... Read More

Trading Is Not Rocket Science!

Despite what some people may lead you to believe; day trading, swing trading and trend trading is not anywhere as difficult as they would like you to... Read More

25 Ways to Find Companies to Buy

When you start your program to purchase your "ideal" company, you quickly realize that your ultimate success will depend on two primary skill sets: 1) Your ability... Read More

Focus Your Investments on the Long Term

"All human power is a compound of time and patience!" Honore de Balzac (1799 - 1850)Long term investing or "Buy and Hold" is not about hunches, emotions,... Read More

Forex Trading Best Practices

FOREX, the term for the FOReign EXchange market, is an international exchange market where currencies from many different countries are bought and sold. Both long-term hedge investors... Read More

An Economical Retirement Investment Plan

The practice of economy, directed toward a retirement investment plan in the stock market, is in itself a source of great revenue. It is the art of... Read More

Why You Need To Buy and Sell Gold Coins (Part 5)

Grading coinsThe condition of a coin is commonly summarized by a grade. Because the value of collectible coins often varies dramatically with grade and overly generous grading... Read More

For Entrepreneurs A SIMPLE Plan May Be Best

Q: I own a small decorating business and I'll be the first to admit that I don't know anything about taxes or retirement plans. I'd like to... Read More

Trading Systems

A trading system consists of a set of rules for viewing markets and making trades. The advantages of trading systems can be hidden when they become associated... Read More

The Biggest Oil Opportunity in the World ? And How You Can Profit From It

Where is the second biggest deposit of oil reserves in the world?In the oil sands region of Alberta, Canada. Oil sands are a thick, viscid mixture of... Read More

Trading Baskets Part I

Q. What is a basket?A basket is a group of up to 50 stocks that you can trade, manage and track as one entity.In another article, I... Read More

5 Day Trading Tips for Success

1. How to Treat Gap Openings A gap up or gap down open is an emotional move, and it often will reverse course and turn in to... Read More

How Eating Bitumen Made Me a Better Stock Trader

Stock market trading is a fascinating activity.There are so many layers to it. And so many paths that you can go down.Soon after we first got interested... Read More

The Truth About Real Estate Investing - Is It Right For You?

You have probably been hearing, seeing and reading that real estate investing is the best thing since sliced bread. There are many late night cable television infomercials... Read More

Approaches to Investing

Here is a small summary of the three major approaches to investing:1. Fundamental AnalysisTruly superior companies exist, are sometimes undervalued by markets, and can be identified by... Read More

Keep Stock Market Investment Profits

Have you had one of those huge investment winners ? a stock that went from $2.00 to $80.00? Or any other numbers you want that gave you... Read More

Retirement ? Its Sooner Than You Think!! (Honestly)

Many people hear "retirement" and think- what? 401K? Roth vs. Traditional IRA? Stocks, bonds, mutual funds? Do they?Or do many people put money away according to the... Read More

Retirement is Never Urgent Until

If you're like many people, your retirement savings have not been growing consistently over the years. We're not referring to the wild fluctuations in the stock market,... Read More

Types of Investment

The word 'investments' is one that most of us are familiar with hearing in financial context. For many of us, it may make us thing of big... Read More

Investors: Avoid These 5 Common Tax Mistakes

For many investors, and even some tax professionals, sorting through the complex IRS rules on investment taxes can be a nightmare. Pitfalls abound, and the penalties for... Read More

Investing Online Has Its Rewards: Find Out How To Take Advantage Of Them

Computerized investing. Online investing. Have you taken the next step yet? These days among savvy investors, online investment resources are synonymous with opportunity.The capabilities that we currently... Read More

Forex market offers opportunity and information

The forex market is what is called an international exchange currency market, where currencies are exchanged on a daily basis. There are five forex market centers around... Read More

California Deparment of Corporations and Franchise Opportunities Law

What CA Needs To Do To Address Issues in FranchisingWe should not allow anymore degradation of California through incessant over regulations in the franchising sector. No other... Read More