The Real Truth.....

  To all of you who are trying to learn to trade and failing at great costs, I'm sorry to say that after years of working in the trading education business and watching upwards of 95% of people fail at trading I would urge you to STOP!!!!!  You are only throwing your money away and wasting your time and maybe even ruining your life.

 Unfortunately I have learned that most people who claim to have your best interest at heart and really want to help you learn to trade only want your money. They could care less if you succeed of fail. My years of experience have now convinced me of one thing, If your not wired to trade, if trading does not come as natural to you as playing baseball does to a professional baseball player, you will never make money at trading and your only gambling with your hard earned money.

  I hope this helps those of you who are struggling with trading and dreaming of a better outcome at some point in the future. Give it up before it swallows you up.

Learning to Trade for Free

Learning to trade for FREE

Trying to learn for free? How many times in your life have you received something for free that had a real value? Free is usually worth what you paid for it, NOTHING! I have worked many Trading Expos around the county and always observed the same dynamic. Mindless sheep walking around aimlessly from booth to booth trying to find the company that will provide the secret sauce at no cost. When they don't get what they are looking for, they take a trinket from the table, put it in there bag of free goodies and go on to the next booth. They carefully map out all the free speeches they want to listen to and sit there intensely at every one they attend. When the presentation is over they get up and go to the next one, completely forgetting what was talked about at the last one. By the way, they still did not get the secret sauce. After years of working these type of events(mostly in New York City) I have come to one conclusion. The only people making money at these expos are the show management! Again, stop fooling yourself, no successful trader is going to give you what you need to be successful at trading for free. Why would they?

The Secret Sauce

Let me address the secret sauce. I hate to burst your bubble but there is no secret sauce. That's just a fairy tale that scam artists who sell empty dreams to traders wants you to believe. Again, they are playing on your greed. If you don't believe this just ask yourself, do you know some one who actually has the secret sauce and is willing to share it with you? I'm sure the answer is no. If anything is the secret sauce, this is what I believe it is.

If you want to be a successful trader first get rid of your ego and approach leaning to trade with an open mind. Get rid of all your biases and come to the conclusion that you don't know what you are doing.

Learning to trade for FREE

Trying to learn for free? How many times in your life have you received something for free that had a real value? Free is usually worth what you paid for it, NOTHING! I have worked many Trading Expos around the county and always observed the same dynamic. Mindless sheep walking around aimlessly from booth to booth trying to find the company that will provide the secret sauce at no cost. When they don't get what they are looking for, they take a trinket from the table, put it in there bag of free goodies and go on to the next booth. They carefully map out all the free speeches they want to listen to and sit there intensely at every one they attend. When the presentation is over they get up and go to the next one, completely forgetting what was talked about at the last one. By the way, they still did not get the secret sauce. After years of working these type of events(mostly in New York City) I have come to one conclusion. The only people making money at these expos are the show management! Again, stop fooling yourself, no successful trader is going to give you what you need to be successful at trading for free. Why would they?

Demo Trading

Demo trading? That's good. It's a great practice tool. But it has very little to do with live trading. Think about it. If you practice flying on a flight simulator, do you think your emotions will be the same when you you take control of a real plane? I can tell you first hand that a simulator does not prepare you for the real thing, Demo accounts make you familiar with the environment.Demo trading does not engage the real emotions that live trading does when you have your hard earned money at risk. I have met literally thousands of people who have admitted to me that they did not understand why they did really well with a demo account and lost all their money in a short period of time after they went live. Those traders are called "Demo Millionaires"

Robots and Black Boxes

Do you really believe that robots and black boxes will fulfill your life's goals and dreams? If it were that simple, would there be thousands of different robots and black boxes out there? Does this mean they never work...No. Under the correct conditions they can work. However, even a broken clock is right twice a day. Stop fooling your self! If it were that easy, they could charge exorbitant amounts of money and we'd all wait on a line and put ourselves in debt to get our magic robot and black boxes. Your comments and opinions are welcome!

Should you be a trader?

First of all, you should not be thinking about trading unless you have money to invest in yourself and possibly lose. Trading is a business and like any other business, SCARED MONEY NEVER WINS! Like any other business, you have to SPEND MONEY TO MAKE MONEY!





Did you know that less than 10% of the people who get involved with trading actually make money? Did you ever stop to ask yourself why this is so? Here is what I know! First of all, the markets are set up for you to loose your money. Trading is a zero sum game, which means, one party has to lose their money while another party takes their money.





Trading is not a get rich quick scheme. Trading is hard work and for the average person takes time, money and commitment to learn this skill. Trading is a learnable skill. However, most of us are not wired at birth to be a successful trader and God bless those who are. If you are struggling as a trader, YOU ARE NOT WIRED FOR THIS!!.





This does not count you out, it just means, like most of us, you will have to do your due diligence. What does that mean? It means stop looking for the easy and cheap way out. You're only fooling yourself. By having this mindset, you are allowing yourself to fall for the scams. The scam artists play on your greed emotion. They know that you want to make the most money you can by putting in the least effort and commitment. You must invest time and money in yourself in order to achieve the success you desire.