About once a week, I get an email from some trader that is looking for the Holy Grail. Does the Holy Grail exist in trading? My answer to that question is NO. I have found no trading method or system that you can simply put on autopilot and let it trade for you.
The 'discretion' part of being a trader is what will make or break you and your trading plan. Oh, do you even have a written trading plan? Do you have a long range trading plan and goals? What exactly do you want to make out of your account?
And don't say a penny doubled every day for 30 days ... :-)
Do you have a vision board of the things that you want out of life? What are you willing to do to reach your vision and goals? Are you simply tired of being on the losing side of a trade?!?
You CAN be a WINNER in trading, if you will apply a set of rules, and become a discretionary trader.
Now, one thing that I know about being a trader for over 20 years now is this ... I do not know everything nor do I want to. You do not need CNBC to trade. You do not need a GURU to trade for you. You do not need a financial planner or broker to trade for you.
If you have at least, $5,000 you can start trading the futures market. You do not need to have $25,000 to day trade in the futures market, like you do have to have in the stock market. You can take advantage of leverage and a trading method to help you get into the winner's circle.
There is only one day trading company that I recommend. Honestly, I know there is a lot of CRAP out there, wouldn't it be nice to cut out the CRAP, and get to the REAL THING!
Marcus Heitkoetter's company called Rockwell Trading has helped me and I believe they can help you in your day trading. You will get a trading coach to look over your trading. You will be able to work with a simulated account while risking nothing in the market. You will be able to attend a live chat room that is in my opinion alone worth the price of the day trading course.
And if you tell them David Knight sent you, then you may be entitled to an additional discount in the price of the day trading course, or the Day Trading Boot Camp.
Go to this website:
http://www.rockwelltrading.com/ and take a look around!
I believe with all my heart, that if you are struggling as a trader, this will be a great place to call home for you.
Good Trades,
David AKA Tiger
Wednesday, September 3, 2008
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