| As an individual trader, it's
tough to make consistent
profits and deal with fear, greed, anticipation, hope and
despair. But it doesn't have to be that way... On this page, you are about to discover several truths that will change the way you look at trading, plus how you can gain that edge you've been looking for... From Brian McAboy ![]() Engineer, Trading Coach, Author of The Subtle Trap of Trading Published on Amazon.com Featured on the Chicago Board of Trade Hello Fellow Trader, The first step in addressing any problem is understanding what's causing it. Right now, you've got two big challenges:
It all started at the beginning. When you decided to become a trader, you entered into a new occupation that requires specific skills and a considerable body of knowledge, not just a simple something to do to make some money. Trading is an occupation based on the unpredictable nature of the markets through speculation and hedging. If the markets were predictable, there would be no trading. The very nature of trading is effectively dealing with unpredictability, change brought about from a wide range of variables. Because of this, being an individual trader is a very challenging, skilled, self-employed business and it is highly likely that no one properly prepared you for it. It is also very likely that you never had any closely related experience to fall back on for pursuing this endeavor. Because of the potential loss of your hard-earned money and the fact that so much about trading is different from your past experiences, there is bound to be quite a bit of anxiety. You're doing something that is totally new in many ways. The financial pressure (fear of loss) and the pressure to avoid mistakes (fear of failure) can be substantial. These only compound the problem. No wonder there is so much stress and anxiety involved. And on top of that... The Odds Are Against You As An Individual
Trader
The odds against individual traders is 9-to-1. The failure rate is a very real 90% in trading, making it 9 failures for every 1 that makes it to the point of consistent profitability. 9-to-1 against just plain stinks. Now at first that may not seem right or even fair, but it's true because even though there IS a ton of money flowing through the markets everyday, As an individual trader, you
are competing with institutional investors, international banks, large
corporations, and seasoned professional investors for every one of
those dollars.
They are just as hungry as you to get that money, and they have experience and resources that you just don't have. Not only are you and individual trader, you're the new kid on the block and these bullies looking to take your lunch money. They'll clean you out if you let them do it. You've got to learn how to survive, to protect yourself, and you've got to do it quickly. In other words, you simply can't afford to settle for being in the 90%. Decide right now that you will be a top 10% trader. From The 90% To The Top 10%
Over the last 2 1/2 years, I've worked with hundreds of individual traders and here are some of ways that they initially described how they feel in their trading:
If so, then don't feel bad. YOU ARE NOT ALONE. Good help changes things. After seeing how to approach their trading differently and how to address both general and specific issues, their comments quickly changed to:
You too can see a similar change in your trading experience. Reviewed by professionals. Whenever I create a resource for traders, I always have the work critiqued by my trading colleagues for completeness and quality, plus I also ask for candid feedback from clients. I'll ask them for their candid thoughts, good, bad or indifferent. Actually, I specifically ask for their criticism, because I want it to be the best it can be, so I want them to tell me how it can be better. Here are just a few of the many comments I've received from brokers, professional traders, and trading coaches:
Why Getting To The Top 10% Is Critical
There is a striking similarity that can benefit you and here it is. The odds and the failure rate of trading are numbers shared elsewhere. 90% of all new businesses in ANY industry fail. It's particularly true for self-employed, skilled businesses. The reasons that so many businesses in any industry fail:
Most just saw an opportunity to make money and got busy. This is the same reason that so many individual traders fail. So how can you benefit from this information? The 4 "Magic" Words of The Top 10%
There are 4 words that distinguish the 10% from the 90%. The define the perspective that makes a world of difference. Traders in the Top 10% have the mindset that embraces these 4 words. You've sure heard by now the saying, "Treat your trading as a business." That is very good advice, BUT... It misses the mark because it implies that trading isn't a business and only reinforces the thinking that trading is just something to do to make money. The traders in the top 10% have the MINDSET that operates from the correct perspective (here are the 4 'magic' words): TRADING IS A BUSINESS.
The saying would more properly be to "Treat your trading as the business that it is." Any activity engaged on a regular basis for profit IS a business. This includes trading. 90% of all new businesses fail because the owners don't treat their business as a business - and the same is true for traders. Recognize that your trading is your business, then you begin to have the right mindset. Take the first step to being in the favored Top 10%. The Next Step to Getting Into The Top 10%
The problem is that for those that have never started up a business from scratch, let alone run a profitable business, how to "treat your trading as a business" can be a problem. If the saying had one simple word changed, it would give it much more meaning and benefit. "Approach"
instead of 'treat'.
That brings a whole different perspective to the matter, and one that now has much more tangible meaning. By saying "Approach your trading as a business", then it allows you step back from it and detach from it - which you must be able to do as a trader. Why Approaching
Your Trading As a Business
Puts You In The Top 10% Approaching your trading as a business is the mindset to have to be in the Top 10%. This business mindset gives you several significant benefits and advantages that you wouldn't have otherwise:
Proper Training = Fastest Way To The Top 10
Unfortunately, most people that get into trading are not given much (if any) help on how to approach their trading as a business and develop into a great trader. They're mostly shown how to get busy placing trades - which actually works against them in terms of being able to trade and keep the emotions from causing problems. You know what I'm talking about. Do you remember the first time you hit a sizable loss? Fears, doubts and anxiety come storming in and make it really tough to keep your cool. Even worse is wanting to get back at the markets for hurting you, or feeling the NEED to make that money back. Most traders are left to figure it out on their own without a specific curriculum to follow, the process usually takes years of random lessons as directed through loss after painful loss. Just like any other occupation, you will develop the fastest and most efficiently when you have organized training specific to the matter at hand. I'll show you step-by-step what you need to do and most importantly, in the proper order, to become a great trader with solid confidence in the shortest period of time. The proper progression is key. Most seasoned traders that have gone it alone, but made it anyway, and took these actions as they were prompted to through losses over the years, but in a random order and with random timing. That's the main reason that it took them so many years to get to where you want to be - they didn't have a curriculum to follow. You've Already Got What It Takes
Odds are that you've got what it takes to be a consistently profitable trader. Traders are smarter than average, it's been shown in surveys and testing. You've already demonstrated success in your life, otherwise you wouldn't be in a position to be here. You know you can do this because the desire is strong in you to make it as a trader. You just never got the proper training to realize your potential as a trader. That lack of training has been holding you back and is the primary reason that you are not already where you'd like to be Self-Sabotage, Stress and Survival
Usually people think of self-sabotage in situations like when someone hits the lottery or with traders when they DO start making very good money with their trading. The self-sabotage kicks in as a corrective measure to align their circumstances with their self-image, to bring them back to where they were before the success. That's true and it does happen, but.... Many traders can be "getting by", not making or losing a lot of money, and they find that they start sabotaging themselves. They're not hitting the big-time, but sabotaging themselves anyway. You're also human and what many traders don't realize is that one of the big reasons you would begin sabotaging yourself is because of the stress of trading. It happens quite often that the self-sabotage will kick in as a self-preservation measure - to end the stress. Your subconscious will end the stress by driving you to the point of being forced to stop trading, because the stress and anxiety are taking such a toll on you personally. You might not have hit account blowout yet, but all of a sudden the downward spiral starts taking you all the way out - and it is simply a defense mechanism kicking in because of all the stress from the frustration and anxiety. The best way to avoid self-sabotage is to take conscious action to eliminate the stress, rather than leave it to your subconscious. Don't Let THIS Happen To You
So many people are so wound up from the "Get Rich Quick" hype when they get into trading that they think that six months to a year is just too long to become a consistent trader, so they chase every short-cut they can find, jumping from one tactic to another, and never bother to approach their trading as a business. As a result, the ones that don't quit manage to keep their head above water for an amazingly long time, often years, and just live with the stress, while making little or no real progress toward their goal of consistent profitability. They're still hoping to make it some day, but they're stuck in the situation of just staying afloat. Still not making the money they dreamed of, still living with the stress. They they've gotten used to the stress and not making consistent profits, at least not enough to let them quit their jobs. And worst of all, it's become "normal". What's amazing is how long it lasts for so many. Not too long ago I surveyed a group of traders and asked them several questions including these two and here were the results:
There were only 3 traders out of the entire group that had positive comments about how they felt in their trading. Now
Is The Time - Before It's Too Late
Whether you are still relatively new to trading or if you've been at it a few years, now is the time to take action. Start right now to approach your trading as the real business that it is. Until you do, the stress and anxiety will continue. As you get your business more and more in order, the stress lessens until it eventually goes away. Those that go it alone have to live with the stress the longest because that "getting your house in order" comes largely through the lessons from trial and error. They have no curriculum or structured process to help it along - and makes the stress continue all that much longer. The worst thing a person can do is to keep throwing their money at the markets hoping for that magic pill or that one big winner that will set everything right. They are just asking for self-sabotage and the win-big-lose-it-all cycle to repeat itself over and over again. The faster you get yourself into the top 10%, the sooner you'll be in the proper position to keep it when you do get it, plus the sooner the stress will end. End the stress. Do NOT just live with it. So
What Can You Do?
You could go it alone, like most traders do, but you're likely to get what 90% of most traders get - tons of stress, a lot of financial bumps, cuts and bruises. Many suffer the "financial death" before they get where they need to be to survive and to thrive. You could hire a trading coach - I believe there's one available and she's good. She only charges $8,000. You could move your account to a broker that has coaching / mentoring. The only reservation about that is that the brokers make their living from traders placing trades, not from teaching or coaching. So they are always highly motivated to get you as busy as possible as quickly as possible. Nothing really wrong with that - it's inherent in their position. You could attend a weekend 'bootcamp' on trading. They'll show you their system and you'll get a whole 2 or maybe even 3 days of their time - for $3,000. Or you could join the.... Featuring The "Entrepreneurial Trader" Training!
The
"Entrepreneurial Trader" Training that you'll receive in the Trading
P.I.T. Club walks you step-by-step through lessons all specifically
designed to transform you into the
entrepreneur that knows how to make your trading the business
that you dream of.
Your trading business will become that source of reliable income and wealth generation, and providing the true freedom and security that a successful trading business offers. The training eliminates your fears by giving you all of the knowledge, skills and tools you need to treat your trading as a business as the business that it is. You'll have the know-how to properly organize and systemize your trading business, and be an Entrepreneurial Trader, trading with true confidence and at your best, so that you realize your maximum profit potential.
As a member of the Trading P.I.T. Club, you get lessons that follow a specific progression to build confidence and develop you into a well-rounded and fully proficient trader in the shortest possible time and with the greatest effectiveness. The weekly lessons take you step-by-step through all of the processes to transform your trading experience into what you've wanted it to be all along - enjoyable and profitable. Each lesson expands your knowledge, heightens your awareness plus has an exercise where you DO what you need to DO to have the confidence and discipline to trade at your best. The Curriculum Includes: The "Smart Trader" training covers all the critical aspects of being a professional trader, including emotional intelligence plus business aspects of running your trading business. Over the next six months, we'll cover everything...
Developing
this skill is also has HUGE time and money advantages: you'll not
be so tempted to switch systems or make changes to your current one,
because you'll know exactly how to tell what works BEST. Instead
of going the try-and-see method, you can analyze your choices and
determine very quickly what will serve you best - and without risking
any money in the process.
What It's Like As A Top-10 Trader
Join Now! Now, You're Not Getting Married... How long are you planning on being
a trader? The rest of your life or most of it?
That's a serious commitment. Well, you're not getting married to anything here. This training last for six months. Now you may be thinking, "Whoa, I'm not ready for such a commitment. 26 weeks, six-months seems like a long time and I don't know if I'm ready for that..." This is more like a very memorable fling. With this training, you're not locked in. No ring, no ceremonies, no life-long vows. You can leave the Club any time you like and we'll still be friends. Plus you'll benefit from the training for the rest of your life. Again, you're not locked into anything, so you can relax. Why Did I Structure The Training
This Way
Instead of Just Putting It All In a Book? Fast and lasting results are what you want, not just a pile of reading. If you wanted to be a lawyer,
doctor or dentist, or any other real professional, would the school
simply hand you a list of books to buy and then send you on your way? NO. That wouldn't be very
effective, now would it? To
get the best and longest
lasting results, you need a curriculum to walk you through the
progression of
knowledge one lesson at a time, with exercises to build the skills. Instead of simply publishing this information in some ebook or quick coaching program, I'm making it available to you week after week in action-sized portions so you'll actually get results. What you need is a weekly "here's what you do next" action step to complete. What you need is for someone to show you how to quickly get started and then keep teaching you week after week so you don't get stalled along the way. As a member you'll receive ... One 3-10 Page Weekly Lesson
For 26 Weeks Every lesson is strategically
created in such a way that you'll see results with the program. Each weekly lesson is designed to be "to the point" and immediately actionable.
Two More HUGE Benefits To This Training
The training provides you with the
same process you would need to successfully pursue most any new
business endeavor. Since you are entrepreneurial
enough to become a trader, it is likely that at some point you will
have other
businesses that you want to pursue in the future beyond trading. You can easily take these lessons
and apply them to just about any business that you might want to start. By having gone through this
training and by having the lessons to review, you'll be able to
comfortably and confidently start up any new business that you choose!
Dealing with your emotions is one
of the greatest challenges in becoming a successful trader. The exercises and lessons will
empower you to forego, avoid and eliminate many of the emotional issues
by addressing the
real sources of the problems. You'll also be empowered with the
tools and
methods to understand and effectively deal with any issues that
may come up, so that you can quickly address the root cause and
eliminate the problems. Solves Another Major Problem Another major problem
many traders have is the money they spend on trading educational
products and all kinds of trading services. They do it in pursuit of
the system, technique, or bit of information that's going to help them
master the markets.
With the knowledge and
growth you gain from this training you will be able to make good
decisions about what trading products and services are likely to do you
some good, and which are not.
This training gives you the know-how to filter out the B.S. when it comes to trading systems, so you can know what works and what doesn't - without risking your money in the markets to find out the hard way. You can rest at ease and not be tempted or lured into bad purchases. Best of all, you'll have clear direction with your trading business, so you won't waste your precious time jumping around from system to system or market to market "chasing money". Not only will you come away from the training with the foundation of knowledge you need to trade confidently, you will also have the knowledge and tools to save yourself potentially thousands on useless trading products!
Saving You Even More Money
Want to know the best part? Check this out - No More
Paying Thousands Of Dollars ... I could easily do what some other trading coaches do and make this some kind of high-ticket coaching program that sells for $3,000 to $6,000. But, many good people wouldn't be able to take advantage of the offer simply because it wouldn't be in their budget.
It is for that reason that I am not going to charge the thousands of dollars that I could charge for this training. Instead, I'm going to make it a no-brainer, and I'm going to make it downright affordable for every budget. The
price for a subscription to
the Trading P.I.T. Club is just $99.95
per month.
While the program is 6 months in length, you can cancel anytime you
choose. "Brian, that's a bargain ... seriously ... what's the catch?" We both know that the $99.95 is not a huge sum. Any single trade that results in you getting stopped out will be more than that. So, in keeping your guard up with a "suspicious mind" you'd have to ask the question, right? Well, truthfully, there is a catch... Only 200 178 161 142 109 87 63
46 Members I
have placed a cap on the Trading
P.I.T. Club at 200 members.
Once these initial memberships have been sold (and this will not take
long) I will close the doors and no more memberships will be available.
Now I don't want to overwhelm you with too much all at once. These bonuses are a LOT of information, and you've probably already experienced information-overload a time or two since you began your trading. One of the primary purposes of the structure of this training is to make sure that you can assimilate ALL that you need to know - in a manner that makes it easy to achieve fast results that are also long-lasting. The training will be keeping you busy, so the different bonuses will be sent to you at appropriate times during the training, both to further expand your knowledge and to reinforce the lessons. You will receive additional "un-announced" bonuses sent to you during the training as well, so you will everything you need to have your own very successful trading business! You Will See and FEEL a Huge
Difference in Your Trading
By the time you've completed the training, you'll be a completely different trader, tremendously confident and able to keep a clear head when the heat is on. No more will anxiety, fear, stress and frustration be the main words you use to describe your trading experience. You'll be using words, like optimistic, confident, secure, comfortable, and having fun! As a matter of fact, I'm so confident that this training will change your trading life, here's my promise to you. ![]() I'm
so sure that this training will work a miracle in your trading
life that when you've completed the training,
I'm that sure.
Once you KNOW how to trade profitably, it's yours for the rest of your life! If that doesn't excite you, then maybe you shouldn't be trading. But if this does sound like what you've been looking for, then let's get started right now! If you have any questions, feel free to send me an email. Brian McAboy brian at insideouttrading.com P.S. The horrible things I told you about in this letter could easily happen to you. Join the Club and get started with the training and realize your goals with your trading. You can cancel your subscription at any time, so you're not locked in. Besides, you came here for results, so join now. ********************************************************************
Notice: Trading involves substantial financial risk. No promises are made here that you will make any money or avoid any losses - the results of your trading efforts are 100% your responsibility. The terms "Trading P.I.T.", "Trading P.I.T. Club" and "Entrepreneurial Trader" are pending registration and solely owned by Brian McAboy and New Ireland Ventures, LLC. Copyright New Ireland Ventures, LLC 2008-2009. All rights reserved. |