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Observation
Unless the trades are sent
out to people when they are made,
then there is the distinct
possibility for the list of results to be manipulated.
For instance,
what is to stop somebody from selectively making
a list of only good
trades and not listing any bad trades. How
would anybody know?
That's why if
you see a bank statement from somebody that's
selling a financial
course, showing how much money was made
on that trade, it's of no
value to you because it may have been
selected from a whole bunch of
statements, which actually may
contain lots of losing trades. How
are you to know?
I challenge
any individual or company to send out live trades as
and when they
are being done. If you have a valid system, then
prove it for one
year. As I am doing!
It appears that I've upset a number of 'guru' traders with my
comments.
So much so, that some of them post nasty personal comments about me
on notice boards. (Not about my trading course as they've
never read it.) I suppose it makes them feel important in their
elite
little circle.
Yet these unscrupulous and deceitful people have offered to write
a wonderful review of my trading course on message boards, if
I would only just give them a free copy of my course. (Unfortunately
they're losing so much money trading that they can't afford
to buy my course.)
I've even had one journalist contact me about one particular
Web site that criticizes most of what they review and recommends
other work. However the other work they recommend is affiliated
to them. Hence they make money from what they recommend.
It's quite unbelievable what these people get up to.
If you feel more at ease then please, please, please, go to
other trading Web sites and buy the courses they recommend,
and then come back here. You will then have a better understanding
of the philosophy behind this Web site.
Trading is all about making decisions, and you're entirely on your
own
when making those decisions. If you are easily swayed by false
information (which the masses follow) then you should stay out of
the trading business as you probably don't have the right mentality.
You won't make money by following the mainstream view. Or, to put it
another way, if you do what everyone else does, you can't expect to
get better results than anyone else. Those who make above-average
gains are those who do things that others do not do.
While this business is
based on maths, it's the temperament and character traits of the
individual that wins
the game. Having a good trading system or methodology is no sure
thing that will enrich your bank account. A system or approach is
based on numbers, in one
way or another, but winning at this game is
based on how you react
to those numbers.
Managers of football teams
don't score goals (no matter how good
they are at the job) players
do. It takes a trader to trade!
This is not a business
where being stubborn is going to pay off. You must be flexible in
your thinking. Your objective is to make a consistent amount of
money and a higher rate of return than buying stocks, property and
such. To do that requires individual thinking, and not the
follow-the-crowd thinking which is the trait that makes up the 95%
of losers in this business.
Winning traders are
generally funny, humorous and almost carefree in how they approach
winning/losing - within any situation of their lives
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