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  • Suddenly, Everyone's a Day Trader [View article]
    Just a couple of thoughts about the changing day trader perspective:

    1. CNBC article - They're Back: Day Traders Thrive in Volatile Market:

    www.cnbc.com/id/281584...

    2. I carefully read the above commentary and suggest it may not be the news, the action at the close, the trend, buying after the high, technical analysis, or volatility that a day trader needs to be most concerned about to be a consistently profitable winner.

    Give the following some thought:

    1. Trading with a consultant / coach - give up trading on your own.

    The consultant can get you on a winning track.

    The coach facilitates learning the day trading game, to regain confidence, build competence, and produce the results you aspire.

    2. Trade in a winner's day trading room with your coach at the ready to provide support and guidance to quickly learn to win.

    Like world-class tennis players with their coaches, it's all about winning, not the money (purse, sponsorships), while playing the game.

    3. Trade a game (system) that's at least winnable.

    The game has changed (the purpose for trading, the rules, strategy, tactics, when to trade, and when not to trade, and so on) in the past few years, completely, and forever.

    If you persist in trading old-school you will soon find, if you haven't already, that you are on a dead-end street to nowhere with regard to profitability.

    The old game is interesting, keeps you busy, and is pervasive throughout just about all the Internet offerings, but it's now obsolete. You need proof? Check your balance sheet.

    The day trading game has changed, so have we, and so can you.

    Good luck with your day trading,

    John McLaughlin, Stock Trader - Consultant / Coach / Mentor

    www.DayTradersWin.comj

    949-218-4114
    Dec 14 13:53 pm |Rating: 0 0
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