Rule 1: Match The Market to the Trader
While training 1,000’s of traders over the past 20 years, a pattern began to emerge for Bob and Mike. Why would some of their students go on to run hedge funds and others could not seem to make a dime?
What they found was their most successful traders found a market that worked for them, and focused just on that market. Just because you can trade or invest in any market does not mean you should.
In our training, we are going to not only teach you how to trade and invest successfully, but to find the best market niche for you. Maybe you only have $10,000 to invest, maybe you have a full time job. All of these will factor into what and when you trade.
Please watch this short video to see what we mean:
Rule 2: Get to know everything about that market
Each market has its own personality, and there benefits and pitfalls to every market. We teach our students how to dive deep into a particular market and get to know it like the back of their hand.
Lets say you decide that Forex is the best market for you: Who are the best brokers? What charting platform should you use? Which pairs are better to trade? What time of the day should you trade? What charts should you look at? What news events do you have to be aware of? Bob and John mostly trade Crude Oil; Mike Trades 3-4 markets; and Randy mostly trades the Forex. We found the markets that work for us and applied Dynamic Price Action™ to trading to that market.
Please watch this short video to see what we mean:
Rule 3: Plan – Trade – Journal
Too many traders have a knee jerk reaction to the markets, and that kills profits. What if the Dow were to drop 200 points, you know for sure there are traders thinking: “Oh no the sky is falling”. They dump their position only to have it rocket up 300 points the following day. Maybe this even sounds familiar?
We will teach you to have the confidence to know exactly what to do in any situation. Imagine how amazing that will feel!
In the advanced sections of our paid course, we go into how you can take your time and plan ahead for your trades or investments. You could even have your buy or sell order in place days in advance and know that if the market does what you think its going to do, your order will get executed.
And because you are journaling every one of your your trades, you know with reasonable certainty how often they work out. Which, over time means you can achieve your financial goals.
Maybe this sounds kind of boring?
If you need the constant adrenaline rush, please go somewhereelse, because here we teach you to slow down and be smart about your decisions.
Please watch this short video to see what we mean:
