9/15/2007

One Day Trader's History

Since the dot com implosion, I have developed a unique and simplified trading approach that keeps me and other traders in tune with what matters most as day traders – winning consistently, day after day, every trading day.

Thinking you might want to know about this financial success story, I urge you to read on.

One Day Trader’s History:


Like you, trying to make money in the markets, I had a bad time of it. Bringing to my new career as a trader what I learned as a manager and owner of several successful businesses - banking, real estate consulting, executive consulting - didn’t bring me the success I anticipated as a day trader.

Neither did relying on any of the investor and day trader experts I worked with over the years – books, workshops, courses, and various Web based advisories and systems.

Sure, there were times when I had brief winning streaks, and other times when I had big winners. But, overall what I had learned with all this work, I felt, left me more vulnerable to losing, and often times losing big.


So I was a loser. I was frequently trading like a jerk, an incompetent - draining my energy and funds in the process.

During the 80s and 90s, I was an executive consultant. I specialized for many years in helping senior executives manage their mood and energy (along with underlying issues of stress, effectiveness, and producing results) - for them to energize their relationships, careers, and their businesses.

For me to continuously lose my composure and money in this new endeavor as a day trader was for me incomprehensible and very difficult to accept (emotionally and financially). Losing like this, I became as stressed as anyone could possibly be without the need for medical attention. Don’t laugh.

I got angry with myself, the markets, and all trading systems and approaches I tried with dead end results. I was resentful, often arguing with the markets, questioning just about everything I was trying that resulted with failure.


At times, I felt both hopeless and helpless. I even got angry with other traders for taking my money. You name it; I was letting just about every aspect of trading sap my energy. I was far too frequently upset and too often felt exhausted at market close.

Friends stopping by found my behavior hilarious. Knowing how effective I was at helping them deal with their problems and stress, they couldn’t believe the state I was in. At the end of the trading day, when the dust settled and I/we did what was needed for me to regain my composure and energy, I too began to laugh at myself.


I would then say to others I shared these experiences with – never again. Never again would I allow myself to be so out of control. Never again would I end the day feeling like a foolish loser, depleted of my energy, dignity, and money.

No matter my intentions, as days and weeks followed, I was unable to turn my performance and results around.


I usually found myself at the effect of the same limitations, day after day. Overall I behaved like a victim with whatever I tried and failed. Yet I trudged on. All my investing and day trading research and study was now in question.

All the books I’ve read and reread, all the state of the art trading courses I took, and all the so called mentors I trusted (trying to learn all and everything I could to become more competent day trader) – failed me. Thinking back about those times now, I find it both funny and sad.

A Time for Change:


Confused and lost in a web of continuous losses, my trading capital was shrinking fast. I came close to quitting. I don’t ever recall quitting when faced with other career setbacks. I wasn’t about to start now. I declared quitting was not an option.

I also decided that being a day trader was the final career of my life. No matter what it took (like my other careers - banking, real estate consulting, and executive consulting) - I was going to make this career work.

As the first step, I completely stopped trading and put on my consulting hat – it was time to consult myself. Not trading was the only way I could survive financially. Not trading, I could more objectively observe the market and my trading approach - to find a way to win.

I was committed to revealing whatever was missing, that if provided, would finally bring me trading success. As an observer, I was now able to carefully look at my poor trading performance - both personally and financially – to fix it, to change it, or to reinvent it.

I began to focus nearly all my time and attention on one simple question - how can anyone (home based traders like me, institutional fund manager, hedge fund traders - anyone in the market) make a success of day trading – in control and consistently profitable?

It finally occurred to me that something about this business of trading was very different from all other businesses I had experienced. Revealing that difference became the project and challenge of each and every day – of my life.

Traditional Business:

I thought about what I already know about successful businesses. In any business, not day trading, you want new ideas, carefully crafted plans to bring the ideas (valuable products and services) to a ready market, along with talented people to execute the plan for growth, development, and ongoing innovation.

With research and innovative development geared toward ever changing customer/client needs and wants and by sincerely focusing in on their continued satisfaction with what you offer, your business can both survive and thrive.

The Business of Day Trading:

It’s not quite the same with the business of day trading. Sure, as a trader you need a trading plan and a market. And, yes, ongoing research for new ideas, skills, and systems as the times and markets change.

What about people – customers, management, and workers?

Other than your accountant, a good brokerage outfit with great software, and a good computer guy, you don’t need people. You are essentially on your own usually in your own home – answering to no one. You’re running solo.

What about success? Success as a day trader has special requirements. Trading requires the attitude and performance of a well-trained and conditioned athlete in a sport, like a champion tennis player – not so much the skills of a successful manager.

And don’t let me forget – no champion makes it to the top without a good consultant and coach to help develop a winning approach, the skills, and the competence of a master player. Let me explain.

Success - Winning like an Athlete:

Tennis, as you know, deals with individual players who have finely tuned their skills over years of practice from youth, learning to lose with dignity, learning to win with humility - all the while, aspiring to play as a pro, then as a world class champion.

In tennis there are no customers, there are no clients, in the traditional business sense – except, for yourself, your coach, and, if you’re fortunate enough, your growing list of sponsors and, of course, your fans.

The real point of the game, by the way, isn’t the money; it’s to win - at any cost. It’s pretty simple. You win when you outperform your opponent – much like a trader, outperforming other stock market participants.

But, as most great tennis players discover, consistently winning requires careful and ongoing attention to managing your energy (physical, emotional, and intuitive), mood (arrogance, fear, anger) and, all the while looking for opportunities to take advantage of your opponent – to win.

One other required element for the champion – finding a great tennis coach available with a champion approach for winning.

You need a trusted and respected performance coach to guide you through the distractions and mine fields, so you can focus only on what matters - learning to consistently win. Not always win, but win consistently enough to become a pro, then, if you are real fortunate, to become a champion class tennis player.

Day Trading - My Observations:

To win at trading, like an athlete learns to perform as a champion, seemed remote for me – given what I experienced. As I said, applying all I’ve learned about business and day trading success (not paying too much attention to my mood and energy, not really knowing what was going on in the market), I thought my trading turned out to be a waste of my time and resources.

I considered myself a failure both personally and professionally.

Personally, I was ignoring, for the most part, what it took to win at the game of trading. Not only did I need to manage my money/trading, I needed to learn to trade like a professional, not so focused on the money, but completely focused on winning, one play at a time.

I didn’t know how to win as an investor or a day trader. I wasn’t doing very well managing any of the critical elements for winning – energy, mood, and finding opportunities that panned out.

As a result, my trading was exhausting, anger filled, and embarrassing. I listened to far too many other “expert” traders and systems for my setups, entering the trade too early, waiting for what seemed like forever for a move. Or I was in too late, wondering how others found the movers in time to win. I was making too many untimely, unrewarding entries and exits.

To become a professional (stop the losing and begin to win more than lose) trader, I knew I must learn to manage my energy (physical, emotional, and intuitive energy), my moods (fear and greed), develop finely tuned skills, while looking for opportunities to develop an approach and the competence to win.

What I Learned:


My Losing Ways (I often found six problems present when trading):

1. Context – focus more on the money, not winning,
2. Obsolescence – relying on old school systems and day trading approaches,
3. Arrogance – having all the answers - certainty about the outcome,
4. Timing - usually trading too early or too late,
5. Hope – lacking the technique and the discipline to exit losers,
6. Blind & Bored – watching stocks that might move, rather than movers,

Voila! I now had something to work with as a consultant.

What I Discovered:

I noticed consistencies and, more so, inconsistencies with stock price movements.

Yes, volume, trends, pivots, candlestick patterns and all the other support and resistance studies like Stocastics, MACD, Fibonacci, are important signs for price change or continued movement.

Real trading power, I found, comes from finding and observing movers. Well, that sounds pretty easy. Not.

Knowing what to look for and what not to look for with the perspective and approach of a winner is an art form that is learned, over time, like winning moves in tennis. With coaching, practice, and more coaching, this skill eventually happens intuitively. How to execute a trade effectively and profitably is also an art form that is learned with coaching and practice.

All the while, you also need to learn to manage your mood and energy. You guessed it. This also requires a winning perspective, approach, and skills developed with a coach and lots of practice.

I’m not talking about the traditional approaches to trading you read or hear about, although that information is important to be aware of and build on as that’s what most of your opponents use.

It’s not about luck, or “skillfully” guessing what might happen tomorrow with stock that seem to be “set up”, or about forecasting and entering trades in hope for the move that may, or may never, come.

I was expecting others to make me successful:

There are experts in the industry that claim to have exactly what I needed to be a successful day trader.

I tried them all with resulting failure.

These so called experts have successfully capitalized on their trading experiences (as investors or day traders in the past – few trade anymore) writing investor and day trading books, offering seminars and courses, and developing web sites that offer these and a variety of other services including software with filtering databases that produce the “picks of the day”.

Well, after years of losing with these systems, I discovered the hard way they don’t work.

They may have worked before I started trading, but not any more – they have been rendered obsolete.

Why?

Two primary reasons: they don’t keep up with today instantaneous (electronic) markets, and they rely on yesterday’s results to forecast today’s action.

To make money in today’s markets you need a different trading perspective, a winning approach, tools, and skills. The DTTW approach I developed over the past year has just what day traders have been looking for to replace the obsolete, losing systems to have a current market approach to consistently win.

The Day Traders Win approach:

Our trading approach is about a very different way of trading personally and professionally.

I’m talking about an approach to trading that quickly stops your losing, gets you winning more than losing (as a professional) and eventually winning at a masterful and intuitive level (like a champion tennis player) - building the competence and winning performance to build wealth beyond what you thought possible as either an investor or day trader.

As there was nothing available for me to stop losing and start winning, I did what I had to do to develop a fresh, new, simplified, and far more effective way of observing the markets, the movers, and finding opportunities for winning.

I was no longer relying on other’s preconceived (arrogant) notions of what might happen with the markets or the stocks (picks of the day).

Carefully and objectively observing markets and stock price movement, still not trading, I got bursts of insight as to what was really important for any trader to know and not know to win. I also discovered what was just noise and what kept most traders distracted from winning.

Real opportunities, I found, are not so obvious – for a variety of reasons, preconceived notions being on the top of the list. I learned to find hidden opportunities to win - real time, any time of the day.

As you know, there are both fundamental and technical influences, news items, and a wide range of market trickery by the participants that moves stocks prices.

Whatever is going on in any of these areas, I learned how to:

· Find the movers - opportunities,
· When to be in and when to stay out - timing, and
· How to get in and out effectively to consistently win – execution.

I was quickly finding new ways of observing and trading to win – day after day, every trading day; any time the market is open for trading.

I learned to win pre and post market, midday, during the summer and holiday week doldrums, and when the markets are either range bound or trending.

I organized what I was observing about the markets, certain stocks, and my trading perspective, approach, and skills to develop a fresh, simplified, and effective plan and way of trading I call Day Trading to Win.

Promising – but not proven:

I had my doubts and lots of questions. Was it just an extended run of luck? Or was I onto something solid here? This kind of success potential seemed at first hard to believe, given where I had come from.

It was time to put all this to a test. With renewed energy, a fresh winner’s outlook and new approach to win, I started trading again. At first, I traded cautiously yet, to my surprise, profitably from the first day and have not had one losing day since. For weeks I traded both ways: the standard approach, waiting for picks to develop and the DTTW approach, trading movers real time.

The old approach I found I lacked control, I was stressed for longer periods of time, hoping prices would go my way and still experiencing losses that out weighed the gains.

The DTTW approach won hands down. Most of the day I was in full control, focused and energized, and prepared to take advantage of any opportunities - confidently and competently. I was in far more winning than losing trades.

Not only did my trading become immediately rewarding financially, I quickly learned what was missing to be in full control both personally and professionally to be a consistent winner.

I began to displace my losing ways with the thinking and performance of a winner. While trading, I was again surprised to discover my attention was on winning each and every trade - not so much on the money.

Was I surprised with the outcome of my research? You bet. Who wouldn’t be? I was trading much more in control of my thoughts and feelings before, during, and after each trade.

My energy and mood were no longer issues, my stress minimized. And, of course, I was happy with my newfound way of winning - consistently winning. I was trading effectively and profitably and frequently, as athletes say, in the zone - winning with ease.

The DTTW approach helps us trade at these winning levels. For me professionally, the DTTW approach allowed me to reengage my career as a consultant and coach – not for executives and businesses this time, but for day traders who aspire to trade like pros, winning far more than losing, then as champions – consistently winning.

The DTTW approach, my consulting and coaching, and my DTTW trading room were designed to produce day trading professionals who eventually (generally within three to six month) become champions who can produce CEO level income - $2,000 to $5,000/day, yes, that’s a potential of from a half to a million dollars per year (trading 46 weeks).

Now I want you to begin thinking about benefiting from this kind of trading. Contact me to talk about your day trading possibilities.


Comments & questions:
Wealth@DayTradersWin.com

More Information - http://www.daytraderscoach.com/

Day Trading Rules

Day Trading Rules:

Everyone wants the rules of the game. Otherwise, it's not possible to effectively play and win the game.

Traders, especially day traders, have been conditioned, transfixed on, the old rules of day trading - all the rules they absorbed from books, courses, seminars, workshops and so on they invested in over the years - the same rules big money (hedge funds, etc.) use to kill the crowd (you and me) - over and over and over again.

Rules - Here's what I want you to know about day trading rules:
Most of the time, the old rules we learned just don't work any more,
Big Money (hedge funds) always use your old trading rules to kill you,

Why? - The game has changed, because the rules have changed, because trading software has changed.

So how can I make money again? Change your game, change your rules, and change your software and the way you use software - to be able to execute like a samurai.

For those who like lots of rules, however, here are a few do's and don'ts for day traders:

The Do's for day traders:

1. Play a day trading game winners play,
2. Learn to day trade with a coach,
3. With your coach, develop your competence and instincts,
4. Trade with a day trading room with your coach,
5. Trust your coach and your newly developed instincts,
6. Take care of yourself - rest, nutrition, exercise, enjoyment,
7. Learn to manage your mood - before, during, and after you trade,
8. Nurture your relationships - with your self, family, friends, and your coach.

The Don'ts for day traders:

1. Don't play a day trading game for losers,
2. Don't allow your mood or low energy keep you from trading well,
3. Don't allow low self-esteem prevent you from winning,
4. Don't trade on your own or when you feel excess stress,
5. Don't trade unprepared, upset, or with revenge,
6. Don't leave your gains on the table
7. Don't ever hold overnight or after hours,
8. Don't forget to have fun day trading.

Learning to day trade well is not just about perspective, rules, and playing a game winners play. Winners don't waste time in endless research, analysis, picks, and being right and winners don't burn out or "blow up".

Winners, consistent winners, learn to trade the game winners play, like dancers learning to dance the Flamenco. Not many rules, but you must have a masterful teacher, a great partner, and seemingly endless practice - all the while dancing from your soul, in the present, with courage, passion, and grace.

My invitation for you - come learn the winner's day trading dance with me and other winners at Day Traders Win. Learn to trade with courage, instinct, and mastery - with dignity when you lose, and grace when you win - on your path to becoming a consistent winner, on your path to wealth - and feeling alive.

Comments & questions:
Wealth@DayTradersWin.com

More information:
http://www.daytraderscoach.com/

Copying and or electronic transmission of any document or photos in this website without the written consent of Day Traders Win is a violation of international copyright law.


Any reproduction or retransmission of any page and any content of this website is prohibited without the prior written consent.

Day Trade Stocks

Day Traders Win - Services:

* Consulting & Coaching - get on track, get to the top of the game,

* Trading
System / Game - change to the Winner's Game,

* Day
Trading Room - earn while we learn to Consistently Win.

Helping Traders Learn to Consistently Win:

Experienced traders, fed up with losing or tired of producing boring, mediocre results, use our services to learn to consistently win day trading NASDAQ and NYSE stocks.

As most traders consider themselves losers (the media has it over 90%), this opportunity to become a consistent winner is both special and rare.

It's special as winning is all about learning - learning how to trade well and thus earn well. And learning how to trade well requires that you learn to manage well - manage your energy, your mood, and your money.

Winners have a means to win with discipline. They learn to quiet the chatter, displacing arrogance and biases with instinctual action.


Traders learn to trade with rigor, using a reliable winner's system - executing according to simplified planning.

Winners must also learn to let go of the urge to arrogantly control - control the markets, control price, and control outcomes.

Applying standard business practices in a mood of control, that works great in business, as you discovered, fails painfully while day trading stocks.

Winners learn to manage their mood while they day trade stocks - to conserve energy and develop instinct for winning. Not just winning now and then, but consistently winning - day after day, every trading day.

And then (like in the games of tennis and golf) learning to day trade stocks at professional levels of competence and performance - with a sense of meaning, self control, and purpose. Trading with both a sense of fulfillment and a wonderful sense of feeling alive - winning.

We trade in the privacy or our own homes - no employees, no inventory, no selling, no meetings, no customers, no bad debts, no commute, and no airplanes.

We trade when we want, how we want, on our own - no boss, no stockholders, no media to deal with - completely autonomous, answering to no one - as we just day trade stocks to win.

Day Traders Win:

Our Vision is simple, challenging and exciting - to have the perspective, system, plan, coaching / mentoring, and a day trading room - to learn to become consistent winners.

Our trading Goal is simple - to learn to win every call our competence and instinct allow.
Our Focus is also simple, yet very powerful and financially rewarding.

We do our best to ignore the endless noise and all the before and after market research and forecasting - in order to pay attention to what matters most to consistently win, no matter what the market offers us to trade.

Like a champion tennis player, working with a world-class coach (Federer/Roche, Agassi/Gilbert, Sharapova/Yuri, Roddick/Connors), the focus must be on winning each point in the moment - not concerned with the past, the purse, the endorsements, nor the fame.

Likewise, day traders, working with this coach, the focus must be on winning each and every trade, at the moment - not the past, not the money, nor the contributions you can make with people close to you with your new found wealth.

Our day trader career development program, our close and accessible client-coach relationships, and our learn as you earn day trading room - allow want-to-be winners to quickly build and maintain the confidence, competence, and performance of a winner - in order to have that rare opportunity and experience of consistently winning.

That's what we do best - helping (consulting, coaching, and otherwise guiding, developing, and supporting) day traders to learn to consistently win - to feel alive.

Comments, questions, suggestions:
Service@DayTradersWin.com

More information: http://www.daytraderscoach.com/

Day Traders - Losing

Day Traders - Losing

We live in an instantaneous, electronic day trading world.

Most traders these days are dissapointed as they have not found a way to make money, bored with break even results at best, and those who suffer personal and financiall losses, over and over, with the hope of winning some day.

All three types of loser fail to make real progress toward having a business the generates profits.Those financially independent traders, who give day trading a try, quickly find it just another expensive hobby, like trips to Vegas. They become frustrated and then angry about losing - without the means to ever learn to win.

Eventually traders can become so frustrated they just quit (or they are thinking about quitting - soon).Day trading is a serious, very challenging business where only the confident, competent, performance focused traders survive and then strive.Day traders learn to win just like athletes learn to win.

Athletes and day traders who are passionate and committed about learning to win at the top of their game know they must engage the services of a best-in-class consultant / coach.

Why?

To get on a winner's track.

To develop the confidence, competence, and performance excellence to get to the top of their game - just like a golfer or tennis player learning to play their game with a coach/pro to have the best chance of becoming a consistent winner - a champion.

However, most traders lose - why?

First, losers have a loser's attitude (unbridled bias and arrogance, with the need to be right about and control just about everything and everyone that's involved with their trading),

Second, losers trade a loser's game (an old-school trading game), and

Third, losers lack trader confidence, competence, and execution skills,

Fourth, losers trade on their own - hoping somehow they will make big bucks quick - without a system, without a coach, without learning to trade well.

Traders lose for the following reasons:

1. Obsessed with money - rather than learning to win,
2. Lack of risk capital (financial independence - excess net worth),
3. Biased decisions - chatter, arrogance, fear, greed,
4. Play a loser's game,
5. Lack the confidence and competence to win,
6. Trade on their own - rather than with a coach, in a trading room.

Since the tech bubble day trading has changed.

Attitudes have changed, plans and rules have changed, and sophisticated software is continuously redesigned by the few big boys at the top (hedge funds, etc.) to stay at the forefront of all this change so they can get whatever they want from all the losers at the bottom of the trading food chain.Yet the losers don't change their losing ways. They just go on hoping and losing.

Losers are blind to the fact that the stock trading game has changed dramatically - along with all the rules, strategies, and execution skills needed to win.

Losers trade in a funk, vulnerably, not knowing what to do to turn from losing to winning. Losers go on playing an old-school game, applying old-school rules, refusing to change as they don't yet know of any other way to trade.

Losers have no idea what it's going to take to consistently win.

Big money loves it, market makers love it, and hedge funds love all the "dumb" losers out there. They love the money to be made from the crowd of losers.

The old game of day trading - the loser's game:

1. Show up too early, or
2. Show up too late,
3. Feel confused and bored - or both,
4. Trade with excess emotion (fear, greed, hope - constant companions),
5. Become - frustrated and then angry,
6. Blame - everyone (for sure yourself) and everyone you can,
7. Eventually get deenergized, discouraged, and finally,
8. They just quit.

The Problems Losers Have:

1. Cannot accept they are trading a loser's game,
2. Unaware a game exists for winning,
3. Remain in denial - thinking somehow they will eventually win.

Other contributing factors:

1. They don't take care of themselves - health, nutrition, rest,
2. They have low self-esteem - lack confidence and competence,
3. They lack balance in life - family, friends, and fun.

The mood of arrogance, a combination of pretending to know about (pre-conceived notions) and thinking they can have complete control over everything in their life is the primary source of all losing.

Arrogance is at the source of failed businesses, failed relationships, and losing in all kinds of sports (games) - especially the day trading game.

Losers will surely continue to lose until they allow serious intervention - change.

Losers need to learn to win like kids learn to play ever innovative computer games. But this learning is not possible until they see that their trading game, the one they've "mastered" for years, has been dead-ended for years now.

In summary, this is what I want you to know about losing. Your old trading game, the one that used to give you all those big winners, has gone the way of the model A.
We have a trading game that, no matter what the big money does with their game, we consistently win.

Sure we lose. Yet in losing we take the next step to winning. We learn to lose infrequently (small) with dignity; and win consistently (big) with grace. And so can you.
__________________________________________


Quotes - about Winning:

"More powerfuul than the will to win is the courage to begin.

"You were born to win, but to be a winner, you must plan to win, prepare to win, and expect to win.
Zig Ziglar


Comments, questions, suggestions:Wealth@DayTradersWin.com

Additional information: www.DayTradersCoach.com

Day Traders - Winning

Day Traders - Learning to Win

I've been a consultant for over 40 years. First in banking, then in real estate, and then for about 15 years for senior executives - helping clients energize their relationships, their careers, and their businesses.

I retired a few years ago. When retirement got boring enough, I took up day trading Nasdaq stocks on a whim. Before I started trading with cash, I studied and practiced with the best and then paper traded to feel confident with the software.

I read most of the day trading and technical analysis books (and still do), attended all the latest courses (and do not), and subscribed to the best Internet trading services (again, over).


Like my other career development activities over the years, I did the research, found the best teachers and coaches to learn to be really good at what I was going to do in my new career as a day trader. I was confident my investment of my time and resources would pay off.

I started day trading with cash. At first I had both high confidence and incredible wins. Then my share of ups and downs, and then just about breaking even. Then I somehow traded many losses, sometime great losses.


I traded as a loser like this for quite a while, always trying to figure out what was at the source of my losing, always searching for a way to win. I tried everything I learned from the experts to get back to winning.

Day trading turned out to be a very expensive, stressful hobby and then a painful losing career.

I stopped trading.

I decided to take care of myself like I helped others for years (senior executives) - emotionally and financially. I still watched the stock markets and stock prices for weeks.


Not trading and not losing, I began to more objectively see what was really going on that caused me to lose so much and what I thought it would take to win. I discovered how my game, the one I invested a chunk of my life and resources in, was not working, and, get this, would never work.

Everything about trading began to change. My perspective changed, my purpose for trading changed, and I began to see how my losing game for day trading must completely change to be a winner.


My plan and most of the rules for trading changed dramatically - completely.

My expectations for every aspect of trading changed as well.

I cancelled meaningless services and began to see that most of what I paid attention to was just noise - media, experts, forecasters, services that provide endless picks of the day that rarely if ever pan out.


My trading game, the game I learned and read about - and lost a bundle playing - was for losers and now I clearly knew why.

I set out to invent a day trading game that worked, no matter what the big money had to offer. Soon after, I did just that. I call it Day Traders Win.

For the past few years I have consulted and coached want-to-be winner day traders. Clients now know what I learned about day trading, the day trading game, how to consistently win.

There's a new day trading game in town. A game that, once mastered with your coach, allows losers learn to consistently win.


Learning to win is simple in context, yet difficult in practice - as it requires displaceming old think with winning think, old game with new game, and old rules and execution sills with new rules and skills. Old habbits get displaced with new thinking, perspective and habbits.

Personally and professionally, learning to become a winner requires: integrity, patience, financial independence, vision, courage, and practice - lots of practice - with your coach at the ready.


Learning to win requires practice with a unige system and a simplified set of tools and techniques we use, along with rock solid consulting and coaching to bring these all together to have the confidence, confidence, and performance of a consistent winner.

In summary, to learn to consistently win in any sport, in any relationship, in any business, and yes, to learn to consistently win as a day trader, you need a coach to get you on a winning track, you need to be playing a game that, at the very least, allows you to win, a coach to gain the confidence and competence to develop your career as a consistent winner, and a day trading room where you can learn as you earn.

As with any new game, learning to win happens with coaching - displacing the old and applying the new over and over - learning and doing whatever it takes to win.

Learning requires an unshakable relationship with your coach: sincerity, trust, and an unshakable determination to learn to win together.

The markets have changed, the trading game has changed, and so have we - and so can you.


Comments & questions:
Wealth@DayTradersWin.com

Aditional Information: www.DayTradersCoach.com

About winning:

What does it take to be a champion? Desire, dedication, determination, patience and the will to win.” Patty Berg

They laugh that win.
William Shakespeare

Winning & Losing

Day Trading - Learn to Win - Learn to Lose

Winning:

The urge to learn is the urge to win, and this urge to compete and win belongs to everyone.

When you win, you satisfy your brain (dopamine, the chemical released in response to winning) and you feel good, having pleasurable emotions and conversations.

This drive to win is found in every cell of your being and underlies everything you do. It’s at the core of every business, every relationship, and every sporting game, including the game of day trading - and, you got it, the Day Traders Win
game.

The drive to win is foremost the drive to survive (procreate and replicate – the continuation of the species). We do whatever we need to do to survive (win) - to stay alive long enough to pass on our genes, knowledge, and wealth - fighting, at times, to the death over mates, knowledge, and money.

We live competitively to fulfill our purpose – to survive, to learn, to have our needs and aspirations realized - then we use our success to help others survive, learn, and have their needs and aspirations met.

The challenge of learning and serving is what makes life worth while.

Yet we are never 100% satisfied. We always want more - to learn more, have more, and win more.

Winning helps us come close to being fully satisfied.

As winning is temporary, we always want more.At the very point of winning, there is frequently the thought of more winning.

Then we set out to accomplish or serve again, and that is usually followed by the thought of even greater challenges of winning.

Real satisfaction is the result of solving problems (learning), contributing with people (serving) = winning (whatever you choose to do in life).

For Traders, learning to win and winning itself give us our sense of purpose and fulfillment in living, as well, our sense of purpose and fulfillment while day trading stocks.
Winning, whatever your endeavor, makes us come alive.

______________________________________

Losing:

Conversely, the fear of losing brings on unpleasant feelings of trader insecurity, anxiety, and stress.

Your nervous system releases another chemical (adrenaline) giving us a need to fight or to take flight.As we know, while trading, fear both prevents/delays an entry and you exit trades prematurely.

Trading a loser's game - you are distracted by emotions and other noise.

Trader resentment and anger in losing makes you want to recklessly get your money back - to get even.

All of these emotional distractions are drains on our energy and cause negative, disabling stress.

As you know, too much negative stress weakens the immune system, overburdens the heart, and, yes, excess stress can kill you.

In addition, if stress doesn't kill you, excess negative stress, like post traumatic stress syndrome (Vets returning from Iraq), the brain will just close down (and we don't want to go there in this conversation).Stress is as common as breathing.

You want to rid yourself of stress, lop your head off.

Now managing stress is another matter.

First, you want to distinguish between positive stress and negative stress.

Then, you must deal with any negative stress—any negative stress trading or doing anything else in your life. You know that.

Dealing with negative trading stress (losing) while enhancing positive trading stress (winning) is what we are here for - to quickly and powerfully help you manage who you are emotionally while you are trading stocks.

There is no other trading game I know of than the Day Traders Win game where losing can be so rewarding. (Not trading futures, not trading options, not swing trading, not investing, not any other trading venues –just day trading stocks.)

"What are you nuts, losing is rewarding?"

Yes, rewarding.

Our losing is so infrequent, so temporary, and we learn to make it so insignificant. You are now open for more opportunities to win.

Saying this another way. When we lose a trade in our game, it's small, fast, and fleeting - as we are now free emotionally and financially to move on to win again.

You learn to lose small with us and you're out - no brooding, no pain, no suffering - losing becomes just another step toward winning.

By the way, learning to lose like this may seem simple enough to do on your own - I don't recommend it.

It would be like learning to drop volley in tennis or successfully exiting sand traps in golf - on your own.

Not Possible.

Not going to happen.

Comments, questions, suggestion - post or private Email:
Wealth@DayTradersWin.com

More Information:
http://www.daytraderscoach.com/

Quotes - About Winning:“
How you think when you lose determines how long it will be until you win.”G. K. Chesterton

You have to know you can win. You have to think you can win. You have to feel you can win.”Sugar Ray Leonard


9/14/2007

Day Trader - Career Development Guideline

Day Trader - Career Development:

Let’s begin by removing some of the common confusion about the subject.

Career is not just about a job (executive) we show up for where we do something (work - recurrently make and fulfill commitments), and receive compensation (money, stock, benefits) – these are connected, yet distinct.

You can develop a career identity (beyond one’s title, position, or job description) as a day trader. Any career is about who others say you are in your conversations and actions together. Career is not a conversation about me (what I do); it’s a conversation about we (who we are and what we can do for each other).

So, careers are developed interacting with others – in your helping them, and they helping you, take care of important concerns, solving problems and dealing with breakdowns.


Career development is all about offering something of value for others to take care of themselves in some important area of their lives where you can offer help (like in the day trader consultant (coach) /client relationship for learning to win).

So what do we need to be concerned about in developing a successful day trader career?
I offer the following guideline to assist in developing any career (especially in developing your career with me as a winning day trader).

Career Development - Guideline

1. Research – objective assessments of your:
· Career possibilities – your abilities to help yourself and others,
· Performance - your perspective & levels of competence,
· Opportunities for producing value – products, services, day trading,
· Breakdowns - performance breakdowns (examples: * below).

2. Decision / Commitment – you declare your career identity,

3. Capacity – what you need to effectively act and (for day traders) to win:
· Resources – capital ($80,000 to $100,000 for: learning losses, computer, software, consulting, coaching, and other day trader services,
· Energy – mental, emotional, and intuitive energy,
· Consulting – winning perspective, planning, and tactics,
· Coaching – build competence and winning levels of performance.

4. Esteem – what you & others say about your skills & performance,

5. Competence – both relating with & in producing value for you and others,

6. Results (feedback) – consulting and coaching support,

7. Identity - earning the trust & respect for producing value,

8. Balance - maintain consistency and viability other areas of areas of your life,

9. Management – maintain competence, enhance performance,

10. Innovation (ideas) - improve performance results.


Breadowns - potential performance breakdowns:

1. Money – lacking risk capital (adequate funds - preven distractions),

2. Amateur (dilettante) status – trading alone, unfocused,

3. Complacence – expecting others to make you successful: Investing/day trading books, courses, and workshops, Web site services – “picks of the day”, The news services – CNBC, Investors Business Daily.

4. Blindness (innocence) – blind to the career vs. job distinctions,

5. Living a Fantasy – acts successful, yet not,

6. Relying on Talent or Luck – not building competence,

7. Age – believing you are too old to learn,

8. Emotional imbalance – not well (temporary or permanent),

9. Incompetence – relating and day trading - a loser:
· Not really interested in the concerns of others,
· Deenergizing conversations with yourself and others,
· Distrustful and/or uncooperative with others,
· Destructive actions that result.

10. Arrogance – you act like you have all the answers:
· Ego - convinced of your importance, being right,
· A Me vs. We - preoccupation with self,
· Not open - not willing to learn, or develop a career
.

Comments, questions, recommendations:
Wealth@DayTradersWin.com

More information:
http://www.daytraderscoach.com/

9/13/2007

Day Trader Success

Day Trader - Success Guideline

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:

Wealth@DayTradersWin.com

More information:
http://www.daytraderscoach.com/

9/12/2007

Career

Your Career as a Day Trader

You want to make a half million or more a year as a day trader. Think career. Then, think - Day Traders Win. Then, think of the possibility of a relationship with your consultant and coach - making it happen in a matter of months, not years.

For many, the subject career is an area of confusion, disappointment and for some tremendous suffering. The confusion arises when we only think of our career as work, money, job, or a combination, rather than as building an identity - a career - with other's help.

No one ever developed a career on their own. You need support - other people, and like a champion tennis player, the best consulting and coaching available to build the perspective, skills, and competence to win - to learn to be masterful as a trader.
With this kind of career success, you can help yourself and others get whatever you and they want in life.

Should you qualify, and few really do qualify, you can have all the challenge, excitement, sense of fullment, and rewards unequaled with any other career you have ever heard of.

So how do you qualify? Well, as I wrote below (Career Development - Guideline) you need the passion, commitment, resouces, and a mimimal level of competence with trading software and technical analysis. Check out the article for the details.

Your Day Trader Career:

Career is about building an identity in actions, conversations, and consequences that produces something of value for you and for others. Career is not a conversation about me; it’s about we.
Career is central to attaining a sense of peace, self-esteem and fulfillment in life. And developing a day trader career with me you will have the opportunity to not only make a lot of money for the rest of you life, you will be able to apply what you learn as a trader to enhance every relationship you have and will have, thereby enriching all aspects of your life.

Many senior executives I’ve consulted over the years feel they aren’t doing anything of real value. Or, for whatever reasons, they no longer find their business and/or their career energizing or adequately rewarding - either personally or professionally, or both.
I now work with day traders (some former executives) who face these same feelings and haven’t yet figured out what to do about this state of dissatisfaction.

How about you? Are you dissatisfied or bored with your current business (or retirement) situation? What are you going to do about it?

You could start a new business or develop a new, more fulfilling career that takes years and, as you know, requires expenditure enormous resources over years, not months.
And, with unlimited resources, you could retire to travel around the world for the rest of your life seeking adventure and, when you tire of that, perhaps you could volunteer your services and other contributions to philanthropically help others.

I invite you to think about your career as a day trader where I can help you build an identity with unlimited challenge and rewards for you to help yourself and others achieve long held aspirations.

Let me first say that day trading is a tough, demanding business that requires patience, perseverance, and the passion for any career success - to learn to win.

Day trading lacks, fortunately, all the hassles and energy draining activities that can overwhelm and bore most executives - commutes, meetings, and travel (airplanes). Oh, and the enormously time consuming roles of ongoingly managing and marketing a business – employees, inventory, receivables, customers, bad debts? Gone.

And how do you like the idea of having more time for your personal life – no working weekends, no up all night meeting deadlines. You want to take the day or the week off? Do it.

Sure, we still need people - family, friends, legal and financial support, and this day trader’s support.

Otherwise, you are your own boss, learning to trade on your own, in your own home, working for no one, working when and how you want, at your own pace, free at last to achieve your full career potential.

Now I have a few questions for you to think about. How does this picture we now have as a day trader appeal to you? If you already day trade, are you open to talking about learning, with my help in applying our approach to trading, to bring about winning results.

The problems with Day Trading:

Given my years of learning to trade, with everything and anything available to make money in this business, and all conversations with hundreds of other traders around the country - I’ve found the chances of becoming a consistent winner as a day trader is, at best, remote.

This may be your present situation as a day trader - a loser. I’m sure you have heard all the disaster stories. The markets are replete with losing traders. Too many traders blow out their account and most day traders just quit in a mood of frustration, fed up with pain of losing - like an addicted gambler.

Traders expect others to make them successful:

There are many experts in the industry that claim they have exactly what you need for success as a day trader.
These so called experts have successfully capitalized on their trading experiences (as winners and, more often, losers in their short trading careers) writing day trading success books, running seminars, and developing web based software or other web sites services (offering both investors and day traders alike courses, software forecasting tools with “picks of the day”).

I know of no one, including myself (and I’ve read and done them all over the years), who used any of the service as a means to learn to win consistently. Yes, you need training they offer to have technical analysis savvy. As far as making you successful, most programs and systems sound enticing, certainly keep you busy, but come up far short on winning consistently.

Most traders have experienced disappointment and usually frustration in their application. The problem - they focus on forecasting tomorrows "movers", based on yesterday’s results - they are not designed for learning to consistently win.
You find yourself waiting for what seems like forever for their calls to develop – then, lacking the execution skills, you frequently enter trades too early or you get in too late - rather than making money with real movers, real time, executing to win.

Sure, you’ll hear a lot about the traders who occasionally win using these systems, but rarely do hear about all the sleepers and losers these systems produce day after day.
You end up watching your lists, hoping for a mover, rather than learning to day trade as a winner. You know. And if you don't already have plenty of these losing experiences, just ask any loser.

Day traders want to win consistently. Most don't. They havn't the foggiest idea what winning means.
Traders don't want, nor do they have the patience, to wait hours and days for the picks to pan out - if they ever do. Nor do they like the dreadful experience of losing when other traders and market makers use these same picks to set reversal traps to make big bucks against them.
Most traders fail to come even close to winning this way. Like me, they eventually get fed up with these old approaches and systems that really don't pan out.
Eventually and most assuredly they produce losers, causing traders to blow our accounts - just like the addicted gambler who gives it all up or back, as the house always wins.
The end game - they either quit or search for another game to play.

We live an instantaneous (electronic) world of stock movements controlled by sophisticated and ever evolving software systems and trading approaches to make money.
The old systems that I have been talking about, no longer work - they have been rendered obsolete.

Our approach to day trading puts an end to all the "picks of the day" watching and trading on your own - losing.
First, we help serious, passionate day traders put an immediate end to the pain of losing big time.
Then you can learn to have your energy focused on the opportunities as they present themselves in our trading room - any time of the day, real time.
Traders, working with our coaching, using our trading approach, soon learn to win more, while losing far less, as professionals, then learn to win consistently, day after day, every trading day, as champions. Clients learn to win not over years but in a matter of months, with the objective of earning more than $500,000 a year.

In summary:

Successful day trading is all about having a winning perspective, a winning approach, no matter what the markets offer, and a consultant and coach to help you bring it all together to learn to consistently win. That's what I've designed for qualified day traders.

Using our trading approach, you begin to think about yourself and the markets with a winner’s perspective, in control, and frequently trading in the zone - now experiencing the control in losing and the joy of winning.

The key for early success is to observe what matters for the potential to win, while maintaining your focus on managing only what’s manageable. In other words, we must focus only on what it takes to win. All the rest is interesting, keep you busy, stuff - but it won't ever make you a winner.

You need to learn to better manage your financial, emotional, and intuitive energy - as you observe the energy (tension) of the markets and stocks, first as a professional, then as a champion – to consistently win.

I help want to be (and dissatisfied) day traders become consistent winners. That’s what I’ve learned to do best - and that’s what I now offer you to talk with me about. You think you have what it takes to be a winner - contact me to develop your career possibilities as a day trader.

Comments / Questions:

Email: Wealth@DayTradersWin.com

Web Site: www.DayTradersCoach.com