Stud Trading Versus Dud Trading Essay

1045 words - 4 pages

Hanging around big league traders at these trading expos is a temporary experience at best. Although you experience those high feelings, it does not last forever. What if that feeling of success could rub off on your trading performance? And even stay with you throughout your life as a Top Gun Trader?

Dud Traders often buy high-priced trading systems at these expos. These trading programs without the right mindset are marginally effective. My stepfather bought some of these systems for over $3,559.00 without improving his performance. He did not have the right mindset to use these trading systems profitably.

When you buy expensive carpentry tools at your local hardware store, you still need the correct plans to build that elegant home. It takes more that just having the right tools to build your dream house. The same applies to trading.

Stud Trading versus Dud Trading

Is this some kind of impractical approach to change your trading style?

No way!

This innovative system takes you beyond your current comfort level as a Dud Trader to become a Stud Trader.

At first glance, you may be tempted to dismiss this empowerment system as simplistic and unworkable. You may be seriously mistaken because your state of mind or mindset determines how well you use your indicator tools. Your indicator tools are useless unless you use them with skill and the right mindset. This is what traders often overlook at their own peril.

Right indicator tools with the right mindset

▶It’s the psychology of the right mindset for becoming a master trader.

▶It’s learning how to use right indicator tools that work.

The average trader is full of doubt and insecurity because he has not found right indicators to use in his market. Once he begins using right indicator tools in his market, the doorway into being a Stud Trader opens.

Master traders do not have indecision and hesitation when it comes to their trading methodology. They trust their systems implicitly. If you do not trust your system, 90% of the time it’s because you have incorrect indicator tools. This is how you crack the code to becoming a Stud Trader: use correct indicator tools for your market.

Contrary to what you often read on the Internet about trading, you need to use indicator tools that make sense to you. Someone else’s indicator tools might be right for them, but not for you. This means that once your trading indicator tools make sense to you, the psychology of trading falls into place.

Unless you are using correct indicator tools with the right mindset, it’s like believing that every fish needs a bicycle. A fish no more needs a bicycle than traders need poor indicator tools applied with the wrong mindset.

You may not realize it yet, but you’ve just discovered...

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