Dating the Stock Market details 10 areas which I learned about and improved as I progressed towards becoming a consistently successful stock trader.
Stock trading seems so simple. Find a stock, click buy and wait. Later, click sell and money is deposited into your trading account. Perhaps you do this a few more times with success. With each win you become more convinced that you are in sync with the market, never realizing that you just got lucky. Then one day, when you least expect it, the eventual loss comes followed by another and before you know it you have given all your winnings back, and then some. What once seemed simple is now frustratingly difficult.
Are
you tired of giving your hard-earned money to other traders? Have you
asked yourself, why can't I figure this out? Do you want to take your
trading to the next level?
In Dating the Stock Market - 10 Key Mindsets You Need to Excel as a Trader, you will
learn that your mindset towards the markets and yourself can make all
the difference to your success. This is useful information as you cannot
change the markets, you can only change your interaction with the
market. Once you realize that the gap between losing and making money
in the financial markets is within your control, you have taken a step
towards becoming a consistently successful trader.
Your job, as a trader, is to become a consistently successful trader. To do that you need to work with the market, not against it. You must ensure a loss from one trade does not contribute to further losses. You need to develop a winner's mindset and improve your trading psychology.
You also need to understand that you will have losses, no matter how good you are. You can make a lot of money from a system which is wins 50% of the time. However, as detailed in the book, over 200 trades you will likely experience a string of 3 losses trades in a row about 11 times while you will see a string of 5 losses in a row about 3 times. Can you handle that?
Testimonial
“The single most powerful lesson I have learned in 25 years of coaching small business owners is that STRUCTURE is the key to consistently high performance. It’s true in athletics. Amateur athletes are all over the map with their practices and results; elite athletes measure everything and stick to a proven routine. It is true in the military. How do you get from the infantry to being an officer? Add structure. How do you get from being an officer to the elite forces? Add more structure. I have coached thousands of small business owners and those who follow my proven structure get breakthrough results. The same is definitely true in trading. Mark has developed a proven and reliable structure for maximizing his trading results. Don’t be an amateur! The information in Dating the Stock Market will empower you make critical changes to help improve your trading.”
Andrew Barber-Starkey, Master Certified Coach, Founder and President of, The ProCoach Success System
In Dating the Stock Market - 10 Key Mindsets You Need to Excel as a Trader, you will learn:
1. That the mind you used to create a plan is not the mind you use to trade
2. Why when you do the right things consistently you will become successful
3. Why a trading loss is just a loss and says nothing about you as a person
4. The difference between the market changing direction versus trading errors
5. About the winning percentage you need and how many losses in a row you can handle
6. What constitutes a winning trade and why you should consider scaling out of trades
7. How to use Monte Carlo simulations to understand the variability of a trading plan and to determine the number of losses in a row you should expect based on your trading system
8. How to define your risk and profit targets before you enter a trade
9. How to write a trading plan
10. How to design a logical trading system and how to review trades
11. That trading the stock market is a probability game and how to think in probabilities.
Within the book, three PDF bonuses are discussed. These can be found on this website. You can learn more about the bonuses here. A brief description of these 3 bonuses is described below.
BONUS 1 – Daily Break from Consolidation Trading Plan
This is a basic trading plan based on a breakout from a consolidation area.
BONUS 2 – 12+ Reasons Why Backtesting Cannot Work and Why You Need to do it
Backtesting
is a tricky business. It will only give you an idea about what will occur
in the future. However, you have to remember that the future is unknown
and so are your results. Find out why backtesting does not work and yet you still need to do it.
BONUS 3 – Benefits and Disadvantages of Weekly Trading Strategies
Trading off of weekly charts has both advantages and disadvantages. Find out about those in Bonus #3.
Monte Carlo Simulator
for Traders
Having troubles sticking with your trading system?
Do you move from system to system looking for the one system that will bring you riches?
Perhaps you already have it and tossed it aside when it went into a down period.
Using this Excel based program will show you what you can expect out of your trading system once you know the % wins and profit factor.
Stop wasting your time searching for the perfect system (which does not exist) and start trading.
$20.00