I read a blog post a while back giving advice about making millions, and it occurred to me that traders can follow the same advice.
But first, I’m teaching a LIVE online class with Victor Sperandeo on January 14, 2015. It will be a very small audience as it’s invite only and we’ll cap it at 100 students.
Here are a few things chew on:
Own your own business and live like a monk
Each name in your portfolio is a subsidiary of “You, Inc.” If it doesn’t make you money, you shut the business down. You add to winners, right? Don’t get used to taking small losses and then taking small gains. Raise your protective stop and sit on your hands like I did in Sugar. You saw that chart, right?
Take Risks, Make Mistakes, and Trust Your Gut
You’re going to make a lot of mistakes – so deal with it. Just make sure they don’t cost you too much. Errors cost money. You will make order entry errors. Everyone does. One manager I worked with wanted to buy Microsoft, so he put in an order for “MFST” and got filled. He read the confirmation to me and couldn’t figure out why it was 1/2 price. “Did Microsoft split 2-1?”, he asked me…
Check out the cool Infographic I posted (Click to see entire image)
Intuition is related to Emotional Intelligence
Get some and watch your equity curve explode.
Click here and Register for a LIVE online class with Victor Sperandeo on January 14, 2015. Just Victor, me, and you for 2 hours.
I’ll mostly Moderate so that you’ll get as much of Victor’s wisdom as possible. I’ll also record it so you can review again and again.
The Agenda will be:
–Victor’s macro overview on the markets
–What’s he’s trading now
–How to employ some of his best techniques!
Commit yourself to trade with confidence and conviction. No one is going to save you. You have to want it bad enough to do anything to win. This is not so much coaching or mentoring as it’s an investment in yourself.
Have a great week and I wish you all the best in 2015.