So what does it take to become a successful, masterful day trader – a winner?
For starters it requires a basic understanding and use of computers and software, at least a minimal level of skills and competence with technical analysis, and sufficient personal and financial resources to sustain a learning program.
I offer the following guide as you ponder your future success as a day trader.
Day Trader – Success Guideline
(The 4 Es & the 4Ms of a successful day trader)
1. Ego – who you are that allows (limits or sabotages) your ability to learn:
· Authenticity - with your self and your coach,
· Passion – the drive, commitment and persistence to learn to win,
· Being Open - letting go of what you know, to learn to go with the flow.
2. Energy – managing your mental, emotional, and intuitive energy.
3. Execution – building competence with winner’s perspective, tools, and skills.
4. Enough of the following:
· Motivation – passion and trust - to learn to win,
· Mood management – humility and patience, (put arrogance on hold),
· Money - $80,000 to $100,000 (Computer, software, fund a margin account, anticipated losses, and various trading and learning services – consulting, coaching and trading room),
· The Means (to manifest) – outside support to bring all of the above together to develop as a professional, then a champion level day trader career.
Consulting and coaching with a winner’s perspective and approach to become a consistent winner.
This guide was designed to help want to be and existing day traders become successful, consistent winners in this challenging and potentially rewarding game.
No one learns to win on their own – not a champion tennis player, nor a champion day trader.
Winners get the best support available – to learn to optimize and manage their energy, mood, money, and develop their career - first as a pofessional (winning far more than losing), then as a champion (winning consistently - day after day, every trading day).
Use this guide to decide whether day trading is for you of if you have what it takes to become a winner.
If you decide day trading is for you, use this guide to stay on your learning track with your coach – let it be the foundation to keep this important career developing relationship energized and facilitate your learning for you to become a consistent winner.
I’ll leave you for now with another question to think about. Are you going to begin or continue day trading, on your own, like most losers - as an expensive, worryful hobby?
Or, after reading the above, are you ready and willing to develop, with my help, a challenging, rewarding career as a professional, then champion level day trader – eventually winning like we do?
Contact me, so we can talk about your day trading possibilities.
Comments, questions, suggestions:
More information:
http://www.daytraderscoach.com/
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