TradingCoachAndMentor
Trading Coach and Mentor
| "Non-performers focus on obstacles, performers focus on results" -- Nido Qubein |
You and many others have probably seen the value of your investments in
your 401K or IRA take a nosedive over the last few months. It is scary out
there, especially if you are still leaving your investment management to
the “professionals”. You might be wondering if you will even have enough
to retire as planned. Maybe you are facing the idea that you will have to
work for your totally incompetent manager for more years than you
thought; all because your retirement funds are not nearly where they
should be. You need to take control, you need a real strategy.
egg to multiply. If you are satisfied with your W2 job and comfortable
relegating your retirement to ‘professional managers’, then what I have to
say will be of no use to you and you should ignore my message. “Hope”
is not a strategy. It is a place that you will lose money. So, if you agree
that “hope” is not a strategy and you do not want to sit helplessly on the
sidelines waiting for years, or make hasty investment decisions based on
your emotions, then I have a message for you.
You can still make a profit in today's stock market and your probability of
success goes up when you partner with other traders. You need
someone to look to and ask questions of while you're trading. Even the
best professional athletes have coaches; successful business
professionals have coaches. Trading, like any other business or sport,
relies on mental performance and a well-thought-out game plan, in order
to avoid serious costly mistakes.
Unfortunately, there are companies out there that try and make trading
seem as easy as the old childhood game of “red light/green light”. Think
about it…if it were really that easy wouldn't everyone be doing it? Wouldn't
every stockbroker be as rich as Warren Buffet or Bill Gates and wouldn't
his or her clients be wealthy too? But the truth is you can’t become a
successful trader if all you want to know is “what button to push”.
Unfortunately, society is full of people who actually want to be given the
fish, rather than taught how to fish. What they don’t realize is that if they
learn to fish, from an experienced fisherman, their life can be so much
better!
Investor training, specialized software, and informative websites are all
necessary tools to be successful in today’s’ fast moving markets, but only
coaching and mentoring will help you move beyond your own
psychological road bumps on the path to your own trading success.
Without coaching, all of the previous things will be eventually be relegated
to the mole hill of silver bullets and excuses for you to tell someone in the
future, “yeah I did that and it didn't work because….pick an excuse.”
your 401K or IRA take a nosedive over the last few months. It is scary out
there, especially if you are still leaving your investment management to
the “professionals”. You might be wondering if you will even have enough
to retire as planned. Maybe you are facing the idea that you will have to
work for your totally incompetent manager for more years than you
thought; all because your retirement funds are not nearly where they
should be. You need to take control, you need a real strategy.
- "Hope is not a strategy"
egg to multiply. If you are satisfied with your W2 job and comfortable
relegating your retirement to ‘professional managers’, then what I have to
say will be of no use to you and you should ignore my message. “Hope”
is not a strategy. It is a place that you will lose money. So, if you agree
that “hope” is not a strategy and you do not want to sit helplessly on the
sidelines waiting for years, or make hasty investment decisions based on
your emotions, then I have a message for you.
You can still make a profit in today's stock market and your probability of
success goes up when you partner with other traders. You need
someone to look to and ask questions of while you're trading. Even the
best professional athletes have coaches; successful business
professionals have coaches. Trading, like any other business or sport,
relies on mental performance and a well-thought-out game plan, in order
to avoid serious costly mistakes.
- "If it were that easy, wouldn't everyone be doing it?"
Unfortunately, there are companies out there that try and make trading
seem as easy as the old childhood game of “red light/green light”. Think
about it…if it were really that easy wouldn't everyone be doing it? Wouldn't
every stockbroker be as rich as Warren Buffet or Bill Gates and wouldn't
his or her clients be wealthy too? But the truth is you can’t become a
successful trader if all you want to know is “what button to push”.
Unfortunately, society is full of people who actually want to be given the
fish, rather than taught how to fish. What they don’t realize is that if they
learn to fish, from an experienced fisherman, their life can be so much
better!
Investor training, specialized software, and informative websites are all
necessary tools to be successful in today’s’ fast moving markets, but only
coaching and mentoring will help you move beyond your own
psychological road bumps on the path to your own trading success.
Without coaching, all of the previous things will be eventually be relegated
to the mole hill of silver bullets and excuses for you to tell someone in the
future, “yeah I did that and it didn't work because….pick an excuse.”
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