Showing posts with label training. Show all posts
Showing posts with label training. Show all posts

Monday, October 2, 2017

Engineering Regular Income and Profits from Your Trading

Today's article is from my trading partner, Brian McAboy of Inside Out Trading.  Brian is a retired engineer and has a rather unconventional yet very effective approach to helping people become successful traders.  He's been helping traders for over 11 years, so he's been around long enough to know what works and what doesn't.

Take just a minute for this.  You'll be glad you did.


There are two very specific success traits that pertain to you and your trading. The first one is absolutely necessary for you to give yourself a reasonable chance of making it. And the second one is to keep you from wasting tons of time, money and psychological capital

Now as you know, trading is not a "get rich quick" kind of activity. This is NOT a place where anyone off the street can stroll in, grab a system, start throwing money at the markets and live happily ever after. Just doesn't work like that

Trading IS a true profession, a skill based occupation, and not a place for the squeamish or weak of heart. So for a person to expect to be "living the lifestyle" overnight is just not realistic. But the question then becomes, "How long should it realistically take?"

Too many traders let things go way too long in a less than satisfactory state

They simply let time to continue to pass, doing things generally the same way they have been for months on end, with the same disappointing results, well beyond what is really a reasonable time to allow

You see, there are generally two aspects of patience when it comes to trading:
  1. You have to be patient enough for things happen, for your trading to develop and mature.
  2. The other side of patience is knowing when you've reached a point where it's pretty obvious that your current approach just isn't working and it's time to stop, reassess, and change course.
"How long should it take?" is a common question, and the real answer is that you can get to the point of real, business like, reliable consistent profits in 3 to 6 months, a year at the outside

If it's taking YEARS, then something is wrong and you're really just spinning your wheels, wasting time and money and cheating yourself out of the success that you should be enjoying. There is also a huge personal cost to letting things take longer than they should

One trader expressed this very well,
"I've been trading futures for about 9 years now with inconsistent results.  I've made the usual mistakes, buying too many courses, focusing on the results not the process and being too impatient to trade to wait for valid setups. 

After listening to your video this weekend where you make the distinction between being patient in the beginning and giving yourself time, and beyond a certain point (3 - 6months) considering that it may be time to be impatient about your progress, this made me realize I've been allowing myself to coast for far too long, and that's impacted my confidence and the belief that I can turn trading into a business with a consistent return." 
Complacency, NOT being impatient when it's time to, is one of the biggest cost centers many traders have

There's the financial cost of missed profits and unnecessary losses, plus the opportunity costs of not enjoying the fruits of your time being spent on other matters of course, but she noted the personal, psychological cost as well

The thing is, you chose trading so that you could have freedom, financial and time freedom, not a J-O-B. You wanted trading to be a truly enjoyable activity that generates income and wealth and provides security and peace of mind

If you've been trading for more than a year, and your trading is not where you want it to be, nor is it really even close, and looking at the trajectory that you're now on, it doesn't look like you're going to get there anytime soon, then perhaps it's time to consider a different approach. That's why I suggest that you check out the training masterclass I created for you

Here are the details on the masterclass,

 "Rewrite Your Trading Story"

How to become a confident, consistent and profitable trader in 60 days or less even if you've never had a profitable month.

Here's what you will discover....
  • The "Little 3" and the "Big 3" and Why the Wrong Focus Will Have You Chasing Profits Forever
  • "The Gap" and How It Keeps Traders Jumping From One System to the Next, Without Ever Realizing The 'Easy Consistent Profits' Promised by the System Sellers
  • One Specific 'Hidden' Lie Traders Tell Themselves That Continually Drains Your Time, Capital and Confidence
  • Why Self Sabotage Goes On For YEARS For Most Traders, And How To Permanently Eliminate It From Your Trading
  • The Four Stage Process To Make YOUR Trading Profitable And Predictable
Click Here to Register and Move the Needle in Your Trading

See you in the markets!
Brian McAboy
Trading Business Coach



Friday, March 11, 2016

Join us for Private Training and Live Trading Sessions with John Carter

It’s no secret that most traders are getting wrecked by this year’s volatile market conditions, but not John Carter. Just this week he proved once again that his safe and simple option setups are crushing it. He texted his traders a live trade on TSLA that pulled in $42,750 in just 90 minutes. And consider this, his account was already up over $101,000 this year. Clearly he’s doing something right.

What’s his secret? It's the extremely powerful option setups he’s refined over 25 years. It’s simple, really High leverage, limited risk, precise timing and it's all equals explosive profits. I’m telling you this because John’s doing a private online training tomorrow and there are a few spots left. And if you hurry, you might still be able to attend his live trading sessions next week. This class is not open to the public and space is limited.

Click Here to Claim Your Spot

Why all the buzz about John’s high profile trades that ended with astonishing gains? Here's why......

  *  Turning $3,300 into $119,202 in GOOGL

  *  Turning $6,600 into $36,450 in AMZN

  *  And making $1 million in ONE day on TSLA

If you can still get in, this training is a rare opportunity for you to learn from a very successful trader who is 100% transparent and loves to teach others how to succeed. I highly recommend you check this out, even if you are a newer trader with limited capital. His training is easy to understand and a lot of fun, too.

Get the Whole Story Here

See you in the markets,
Ray C. Parrish
aka the Crude Oil Trader


Get John's latest FREE eBook "Understanding Options"....Just Click Here!




Wednesday, July 15, 2015

Psychopathic Traders and a Trading Plan for Today’s Market

Plenty of traders are in a panic right now, they feel stuck. They are struggling and they don’t have a reliable way to read today’s market. Worse yet, many traders continue to rely on outdated indicators (although they don’t know it), resulting in accurate information.

That’s why we suggest you Watch this Tutorial

In this free training, Doc Severson shows you a trading plan that works for any type of market and doesn’t turn obsolete when changes happen. You’ll see proof of how well it worked when the market changed from 2012 to 2013 (and into 2014) and then switched back to a flat market during first half of this year.

Doc has an interesting opinion about the market. You see, regardless of all the market chatter, he’s not changing one thing about the way he trades.

Click Here Now to Watch

See you in the markets,
Ray @ The Crude Oil Trader

P.S. In trading, there’s no question that preparation is the best way to prevent poor performance. So while others sit back and wait for problems to happen, how are you giving yourself an advantage? Check this Out

Tuesday, January 7, 2014

Traders and their Retirement....a Three Part Video Series/Download


Wendy Kirkland reached out to us at The Crude Oil Trader a few weeks ago and shared her "Merit Paycheck" video series with us to review. Our review is in and the results are....All of our readers should watch this video.

She's a very smart lady with some tips for those traders and investors looking at retirement and she has bonus downloads and reports once you start watching to make sure you get the most out of it. In fact, what you learn in this training series can be easily duplicated by you right away without you buying a single thing.

Just click here to hear from Wendy and get her videos

As always we want to know what our readers are thinking so please feel free to leave a message and let us know what you think about Wendys methods.

See you in the markets,
Ray @ the Crude Oil Trader

Traders and their Retirement....a Three Part Video Series/Download


Friday, August 16, 2013

Be on right side of this market, protect yourself, BE HERE

John Carter of Simpler Options is going to teach you more in this one hour webinar, than you could learn in 3 months. And he's doing it just for you....our readers. Register here asap since John does limit seating.

Here's what he'll be covering...

*     How to be on the same side as the Market Maker
*     How to protect yourself in a trade
*     How to pick the right stock at the right time
*    What Wall Street doesn't want you to know about weekly options
*    The one simple trick to put the odds in your favor

And much more

This timely webinar will take place online but seating is limited due to the high demand.

Click Here to Register

After you register you will receive reminder emails automatically so you don't miss the webinar. I don't know if they'll be recording this, or if he'll ever share this information again, so don't miss out.

See you in this free training class.

Then we'll see you in the markets, as we put John's methods to work,

Ray @ The Crude Oil Trader


Be on right side of this market, protect yourself, BE HERE


Saturday, June 8, 2013

John Carters "Small Account Growth Secrets" Webinar

Last week we showed you some live trades from our trading partner John Carter that proved....with the right mindset and a little training anyone can earn a regular income trading.

Whatever your account size, if you're focused on trading for income, then you need to attend one (if not both) of the webinars that John Carter is putting on Tuesday, June 11th at 8:00PM New York Time or Wednesday, June 12th at 1:00PM New York Time

You can reserve Your Seat HERE now as there is limited seating available.

Here's just a sample of what John is going to share.......

*   The difference between trading for income vs. growth

*   Why attempt to double your account "before" it goes to zero in 12 months or less

*   How to control risk while being an aggressive trader

*   What Stops to use and when

*   The mindset of an aggressive trader

Click Here to Register

I will be attending and hope to see you there!

Ray C. Parrish
The Crude Oil Trader

John Carters "Small Account Growth Secrets" Webinar

Stock & ETF Trading Signals