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Successful traders who have been trading for 10,
15, 20 years or more needed ways to overcome the numerous self-destructive
habits that stifle so many traders! Getting past these habits will give you
unimagined power to succeed!
Build a strong trading foundation. Eliminate
costly mistakes. Break out of self-destructive habits through knowledge
and understanding. Succeed in trading.
by Ryan Jones
Ego is a killer. Overtrading can be disastrous. Put the two together
and you have a recipe for failure deluxe. I know, I've been there. Most traders
who have been trading for any period of time have probably experienced the same
thing at one time or another as well. The problem is that many traders don't
even realize that these habits are profoundly influencing their overall success.
This is no surprise as most so called industry professionals have you focused
on being a market guru, picking tops and bottoms, retracement levels and a
host of other price predictions. This feeds right into your ego, i.e. if you
can accurately predict price action, you are a genius. The unfortunate result
is exactly the opposite of what you are trying to accomplish. You spend all
your time trying to predict price action instead of spending valuable time in
areas that actually move your toward success instead of away from it.
These are just two self-destructing habits in a long list of common and reoccurring
mistakes made by so many traders. Have any of the following hindered you from
achieving your goals in trading?
- Start/Stop new trading strategies every few months or so?
- Picking and choosing which signals to take in any given trading strategy?
- Exiting profitable trades earlier than exit rule says?
- Holding onto losing trades longer than exit rule says?
- Guessing at trade size based on whether you think the trade looks good?
- Missing trades due to lack of organization?
- Trades causing you anxiety and sleep loss?
- Trading without any kind of strategy or plan (by the seat of your pants)?
- Trading strategy(s) you know very little about (i.e. don’t realistic expectations)?
The above are some of the most common and reoccurring mistakes traders make. One
or all can lead to trading disaster, and they are all based on conscious choices
being made by you, the trader. You might be surprised that the answer is not to
fix each of these mistakes individually. If you are a carpenter and through-out
the course of the day, you hit your thumb with a hammer over and over again, is
your fix to the problem to simply put a band aid on your thumb every day? Better
yet, is your prevention to put a band aid on your thumb BEFORE you actually hit
it as a preventive measure? Of course not, that is complete silliness. You
MUST go to the source of the problem, which is how you are swinging the
hammer. Once you fix the fundamental problem, you won’t have the end result,
i.e. a continually smashed thumb.
With each of these problems listed above, they are actually CONSEQUENCES to
the problems, not the problems themselves, which brings me to the topic of
this letter; The Self-Destructing Trader. This is an 8-hour
online audio course where I go through 9-steps that address the REAL problems
that cause the consequences listed above.
Before I go any further, I do want to make one thing clear.
The Self-Destructing Trader deals with your mentality as a
trader and how it affects your trading. It deals with issues that are personal
and deals with them head on. However, this is not a psychological course filled
with “psychobabble”. By saying this, I am not knocking the field of psychology
in general, but I learned a long time ago that whatever my past may have been,
it is a weak copout to use it as an excuse for my stupid decisions today. When
I say the “source” of the problems, when I talk about REAL problems, I’m not
talking about your parents shortcomings, I’m not talking about how horrible your
childhood may or may not have been. We all have our stories and no question,
the past and others can influence us in a negative way. However, our past does
not force us to make the decisions we choose to make today. What I do address
is choosing to make smart decisions today regardless of your past. If you
have a self-destructing habit, the problem is you, not your parents, not your
past, you.
Now that I have that out of the way, I also want to let you know that getting
off the road that leads to trading destruction is not a difficult one to get
off of, if you know how. Once you are off, it takes a continuous effort to
stay off as our natural tendency is to revert back to these bad habits. That
is why I provide a simple, easy to understand, easy to follow, 9-step process
to get off this dangerous road and stay off if you are willing to do the work.
If you are not willing to address these issues, my suggestion is that you do
not trade as your failure is all but certain.
The Self-Destructive Trader course has changed my life.
I don't know what else can be said about such a powerful course.
- H. Rogers, Ohio
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I know a little something about self-destructing habits in trading. For the
first 5-years of my trading career, I did nothing but self-destruct, and that
was after achieving some pretty outstanding results initially. But in the end,
time after time, no matter how well I did, I ended up either blowing my account
out or coming pretty close to blowing my account out.
Unfortunately, it took me longer than 8-hours of audio lessons to figure out
how to get off the road I was on (continually self-destructing) and get on
the road that leads to putting myself in a position to reach my trading goals.
It took me years to fully comprehend what the real problems with my trading
were, and several more years to figure out the answer. Since then, I have
documented some pretty impressive trading feats such as:
- Confidence to enter a public trading contest with only 3 weeks left to go
(it was a year long contest) thinking I had the knowledge and ability to overtake
3rd place (36% return at the time). I ended up achieving my goal during that
short, 3-week period with a 42% return, taking 3rd place. This was done trading
an intermediate-term trading method on daily bars across several commodities.
- Turning a $15,000 account into over $107,000 in less than 90-days,
day trading the S&P. (This was in another public trading contest)
- Achieving a winning streak of 52 winners out of 53 trades (current streak
still going) in options (again, actual trades, not hypothetical). The
probability of a coin landing heads up 52 times out of 53 flips is
1 in 4,503,599,627,370,496 (a very big number).
You will notice that there are three achievements listed and three different
trading styles and types of markets. I point this out to you not because I am
a genius, because I assure you, I am not. But rather, I have simply created
a foundation from which all of my trading endeavors are built on, and it
starts with addressing the self-destructing habits that most traders fall
into. These self-destructing habits create huge, gapping cracks that swallow
up whole trading accounts, seemingly overnight.
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"The truth is that an airline pilot
cannot transfer his education, experience and success to the operating
table and seriously expect to succeed".
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I've already given you an example of one major self-destructive habit that is
so huge, so powerful and so destructive, that it affects nearly every aspect
of every decision you will ever make in trading. That habit is listening too
and feeding your ego. Now let me give you a practical example of exactly what
I am talking about:
I have talked with thousands of traders in my life. Many of them are
well-educated and have high-paying jobs. You name it, doctors, lawyers,
engineers, real-estate developers, airline pilots, scientists and the list
goes on. Inevitably, almost ALL of them I have talked to believe that because
of their education, because of their success in their job, they can simply
transfer that education, experience and success into the trading world. This
is ego talking, not truth.
The truth is that an airline pilot cannot transfer his education, experience
and success to the operating table and seriously expect to succeed. Why,
then do you expect your education, experience and success to transfer to trading?
Vast and enormous mistakes are made as a result of this erroneous belief
about trading.
Did you pick up a book to learn how to fly? Did you pick up a book and learn
how to successfully do open heart surgery? Neither will you simply pick up
a book and learn how to achieve consistent success in trading.
In fact, for anyone to succeed in trading, they must go back to the foundation
that allowed them to succeed in their current job. There are no short-cuts
except to do it right the first time.
One of the first foundations you are going to be learning about in my
Self-Destructive Trader course is PREPARATION. Write it down,
become very familiar with this word. If you understand this word as it
applies to your trading, you will begin to create a rock-solid foundation
that will reverse a vast number of major, self-destructing habits. All
you have to do is simply replace your EGO with PREPARATION, and I promise
you, you will see IMMEDIATE and PROFOUND results.
This is just one general example of what the Self-Destructive Trader
course addresses. The Self-Destructive Trader course also addresses:
- Ego
- Greed
- Fear
- Indecision
- Confidence v Arrogance
- Trading Stress
- Risk of Loss
- Unsupported trading expectations
- Discipline
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...And several other areas that keep you from seeing the kind of trading profits
that you have the potential to generate.
Best yet, theSelf-Destructive Trader course provides a 9-step
process by which you can successfully tackle any situation that might prevent
you achieving your goals.
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"Ryan, There is absolutely no trading material available
that is better than yours. I really have learned what trading is all about,
and I really was confused before. Thank you for that"!
- J. Moerland, The Netherlands
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One more thought before I wrap up this important offer. There is a very popular
concept out there that promotes conforming your trading to something you are
“comfortable” with. It seems logical from in so many ways. It goes something
like this, “if you are most comfortable picking short-term tops and bottoms and
taking out small profits, then you should find something that conforms to your
comfort zone”.
Ok, sure, if you want to continue losing. Are you “comfortable” losing money
on a consistent basis?
The entire argument, as nice as it sounds, is completely backwards if you want
to succeed in trading. Successful traders don’t FORCE their comfort levels on
the markets, they conform their comfort levels to WHAT WORKS!
Now, I'm not saying that picking short-term tops and bottoms and taking out
small profits is good or bad. That misses the whole point. What I am saying
is that traders become accustomed to a certain way of trading and refuse to
do what it takes to succeed. I gave three examples of completely different
types of trading, it is not the type of trading that makes or breaks a trader.
It is the underlying foundation of how that trader executes the trades.
If you have a mentality of trying to force success through your preferred
style of trading, your focus is misguided. Turn your focus instead to conforming
your comfort zone to what works instead of the other way around. You will soon
find that it is much more comfortable generating profits than consistently losing!
So there you have it, a small morsel of what is included in the Self-Destructive
Trader course. When you think about how important it is to trade from a
solid foundation, you can only imagine how much money some of these mistakes have
already cost you. I know, they cost me thousands upon thousands of dollars.
The knowledge and direction you will gain from this course isn’t just book knowledge,
it is hard hitting information tested in the fire of practical experience. I have
shown traders around the globe that building the right foundation is the key to
cracking the trading code... and it starts with the Self-Destructive Trader.
The best part is that it is not going to cost you tens of thousands of dollars,
and thousands upon thousands of hours to learn. Currently, I am
cutting the cost of this 8-hour, online audio course in half to give every
trader every opportunity to take advantage of 8-hours of power-packed information.
However, we reserve the right to increase the price at any time.
For a limited time, you can order the
Self-Destructive Trader for only $595!
This is $400 off the regular
price of $995!
Once you order, you will have access to the audio course within 1-business day.
You can then go through each lesson of the course, and the entire course as many
times as you want, and according to your own schedule!
The information in this course can easily save you from making thousands of
dollars in mistakes AND get you started on the road to ultimately becoming a
consistently successful trader.
Don't let the self-destructive habit of procrastination and indecision cost you
the ability to take advantage of this incredible offer! Don’t risk missing the
deadline; make the commitment to yourself to do what it takes to reach your
trading goals today!
Sincerely,
Ryan Jones
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