My Book
BY CLICKING ON THE COVER LEFT, YOU WILL BE TAKEN TO A PLACE WHERE YOU WILL HAVE THE OPPORTUNITY TO PURCHASE A BOOK ABOUT MY TRADING EXPERIENCES.
Although my book will give some insights in regard to how I progressed as a trader, it certainly will not teach you how to trade. It is my belief that no matter how much you read, you have to trade to learn to trade. I took many courses in college and read a lot of books, but I did not learn to teach until I actually entered the classroom. My book takes a look at my experiences in my trading journey. I am not a guru in any way shape or form, I am in the learning mode all the time. Hopefully there will be some tidbit of information in my book that may assist you, the aspiring trader, in your pursuit of trading success.
My initial question is why is he looking at anything else? If he knows how to trade as he claims, and he is truly reading price, then he would have known what to do. You never “bail” out of a trade. The successful trader will know the target and have stops set BEFORE entering and no outside force should come into play at all. You do not EVER enter a trade if you don’t have a target or if you don’t have your stop set.
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Building a business takes time and discipline, as well as a ton of other personality characteristics. Impatience, lack of focus and not taking the time to allow what you have learned, to be practiced and honed, will certainly lead to disaster.
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I believe the first stride towards success is to take responsibility for your actions and realize that success takes work. The trading profession can be a different animal because of the belief that it is easy, it can be learned very quickly and it does not take much effort.
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We have Jake, who emailed me one day. This guy was off the wall. He
came on as a bitter and hateful guy who actually wrote that me, other
vendors, as well as those who supply the charting, are out to screw him.
Some of his comments were way out there and after a while, I decided to
cut him off. It is too bad that people have to feel that way. I have to
assume that he felt that he was taken advantage of and that he was going
to vent on me although I never had anything to do with this guy. He
must have lost a boatload of money over the years.