Where Do I Start?

It all starts as you arrive home from a day at the office. You open your mail and staring back at you from a booklet is a guy with a big grin on his face and an even bigger ten gallon cowboy hat on his head. (The hat gives his identity away.)

This person said that making a fortune trading commodities was practically a no-brainer. So I whipped out the credit card as fast as I could and ordered the 'How To Make A Shed Load Of Money Trading Commodities' Manual.

I was so excited that I barely slept a wink until it arrived. I knew I was soon going to be raking in the money in no-time flat!

To cut a long story short, after much study and losing some money I realized being a "Commodities Market Wizard" wasn't quite that simple.

So I decided to do what I had always done, buy the books and study with a vengeance. I often worked bleary eyed all night searching to uncover the best and simplest methods that could work in any market condition.

Like many other traders I started by buying one of the popular charting software programs like, Metastock, E-Signal, Realtick, TradeStation etc...

Immediately, I got really excited and thought that all these fancy indicators and "canned" systems were going to make me rich. After all, it seemed so high tech and scientific. How could I possibly go wrong?

Despite the impressive lines and graphs these indicators placed on your charts, after a few months I began to realize that having a few fancy lines crossover each other wasn't going to make me rich.

Frustrated but still hopeful, I went on a buying spree with a vengeance.

I bought dozens of books, videos and even attended two seminars (costing an absolute fortune) by respected market "gurus".

I even ended up buying a course on day-trading for a eye-popping (just too painful an amount to recall)!

The crazy thing was that even all that, all I had was a full-blown case of information overload and was more confused than ever. And... the credit card was taking a beating as well.

After a few months I was thankfully able to apply all this expensive knowledge to grab a few quick points here and there. But time and time again I missed the big moves that always seemed to take off without me.

It seemed like there was a major conspiracy against me and that the big moves always happened right after I got out of the trade!

I also found that the losing trades were often way bigger than the winners. This left me utterly frustrated as I was certain all this work and money would quickly pay off! What's worse was that the wife was understandably annoyed at how much time and money I was wasting on what I promised was a "sure thing".

After all these disappointing setbacks I began to think that I lacked the necessary skills to get the job done. So... I decided that the solution wasn't to try to figure things out on my own, but to use a mechanical, "Black box" system that basically tells me when to buy or sell.

I figured that this would remove the stomach-churning emotions (a major problem for me) and all the indecision. Well, what I quickly learned (the hard way) is that this system was causing huge negative swings in my hard earned account balance and was more than my fragile nerves could handle.

In one final last ditch effort, I subscribed to a five high priced newsletters and daily trade "hotlines". I figured that if I could get all of them to agree that I couldn't lose. WRONG!!!

All I got was more confused as they all had different opinions about the markets. What's more, they still left me with a nagging uncertainty about how and when to take a trade.

Amazingly after all this, I was still thinking about buying yet another piece of software or attending another seminar!

Does any of this ring a bell for you?

The truth is that half of what I bought was pure junk and forty percent was descent. That last 10% contained some unpolished gems that had promising potential.