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You want an answer that
will give you a way to start
moving forward
"How can I make more
money?"
"How can I average 15-
20% per year on my
investment and lessen
the tax burden?"
"Why can't I lose weight?"
"How can I decrease
body fat while
maintaining muscle
mass without a
starvation diet?"
"Why does this always
happen to me?"
"How can I use this
challenge that I face to
better myself?"
Both questions are looking
for the same type of
answer
I firmly believe that those who
succeed speak to
themselves & ask questions
much differently than those
that are average
You are what you eat, right?
I think you are also what
you think!
Read any autobiography
of anybody who has
accomplished something
that most do not and they
will tell you exactly that.
What does this have to do
with trading?
A ton.
I want to talk about the
questions you need to
ask….actually NOT ask
These are the types of
questions that support will
receive when people ask
about trading strategies:
On average about how
much do you make per
contract per day?
How long do you trade
usually per day?
How much do you
recommend putting in
your account per
contract?
What difference does it
matter how much I make
per contract?
Remember the Turtles?
Looking at personal
results has no bearing on
your success or failure.
1. How much time
trading?
Someone new to trading a
certain method cannot
expect to come close to
the results of someone
who has experience with
the method.
They can't expect to mirror
the results of someone
who has dealt with the
emotions that come from
taking a string of losing
trades.
How can you evaluate a
system based on that
question?
2. How much to have per
contract?
It does not take into account
the tolerance for risk.
The final mention in the
email was not a question.
but a statement:
"Goal was to make 1 point or
$50 per contract per day and
that is not enough for me."
Many people are
approaching trading with a
mindset that is not
conducive to success.
Risk?
Expectancy?
Exits?
Avoid forums because
that is where many of
these simplistic questions
are asked.
www.netpicks.com/day-trading-books/
It is not by accident that
most people fail.
Think like a
successful trader

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