Why Do You Want to Become a Online Trader?

Motivational guru Tony Robbins teaches that the reason for doing something rates much higher than the methods you use to get the job done. In order to make your goal REAL, you need to attach severe, horrifying, intense and profound fear to failure.

Open up a notepad either on a desk or on your computer in a quite place and write a 50-page letter to yourself surrounding this question:

-- What is going to happen to me 20 years from now if I do not learn the successful skills I need to know in order to become a brilliant or the best on line trader?

Write your answers in detailed pictured thoughts. I have found that writing in length brings out the hidden agenda into realms of things that are too painful to face. This pain aids you to move into a different direction.

Now do the same exercise for this question:

-- Ask yourself ? Why do you want to become the best trader online?
-- What kind of trader do I want to become? Good proposal examples: online stock trader, online forex trader etc.
-- What trader market research would I like to pursue? The most popular illustrations: online daytrader, online swing trader etc.
-- What systems would I like to learn as a trader? A good example might be as an online fibonacci trader.

See, if you have a strong enough WHY that answers the following questions pertaining to trading ? then you will find a way, no matter how difficult the pain, to get the job done. Here are some ideas for your 50-page letter.

-- Do you want to create a stream of passive income?
-- Do you want to create a sense of security for yourself about where your next check will come from?
-- Do you want to earn income that will act as an extra supplement source cash so that you can afford some of the finer things in life instead of living paycheck to paycheck?

In his "Rich Dad, Poor Dad" series of books, Robert Kyosaki advises against anyone securing a part time job. Instead, Kyosaki suggests starting a part time business.

In my opinion, profitable trading is the perfect business and the best home based business opportunity. It is capitalism's best kept secret that will allow you to work at home. The market makes no distinction about your wealth, educational level, ethnic background or any other aspect of your identity. There is no room for office politics, difficult bosses or tricky employees in this arena. You can trade from anywhere. Follow a few simple rules, and you can run your business as you see fit.

That said; if trading successfully were easy, everyone would reap the profits. The truth is most people that trade will lose money. This is an unpleasant fact for a number of reasons. Nevertheless, the primary cause of why so many people lose money trading is that they simply do not know how to trade.

If you do not know how to trade, that does not mean that you are not smart. On the contrary, many highly intelligent people lose millions of dollars in the market.

If you do not know how to trade, the conclusion is simple ? you do not have a:

+ Coach / Mentor and or a
+ System

Most people never master trading because it seems difficult to win and they seldom have access to an experienced, successful trader or trading methodology that actually works. They usually go it alone or attend countless seminars and read even more books. Not that reading books are bad, but in most cases, nearly but not everyone ever reaps excellent results. How do I know this? Because I have actually been there?

Trading successfully is difficult if you do not know what you are doing. Let me show you how to achieve trading success and shortcut your learning curve dramatically. If you have a strong desire to succeed, put in a little work and after a bit of practice, it will become easy.

-=-=-==-=-=-=-==-=-=-=-=-=-=-=-=-=-=-=-
David Jenyns is recognized as the leading expert when it
comes to designing profitable trading systems.

His most recent course Ultimate Trading Systems is a step-
by-step trading roadmap to designing profitable trading
systems. Learn how *you* can become one of his students.
Click Here ==> http://www.ultimate-trading-systems.com

Receive David's free trading tips by sending a blank email to:
==> ultimate-trading-systems@getre sponse.com
-=-=-==-=-=-=-==-=-=-=-=-=-=-=-=-=-=-=-

---

Better Investing Made Easy

If there were one piece of advice that an investor... Read More

Getting Started Investing is Often the Hardest Part

There are several reasons people give for not investing their... Read More

Rules for Simplified Employee Pension Plans better known as a SEP Plans

A SEP is a special type of IRA. Under a... Read More

Need To Trade!

You don't HAVE to be trading.As a novice trader, you'll... Read More

Creating a Financial Future--Putting Your Plan Into Action Part 2

Real Estate can be a useful tool for investing. The... Read More

Buying a Home - Your BIGGEST Investment

This column has often focused on intangible investments like stocks... Read More

Retirement Plan Considerations Cheat Sheet for Small Business

RETIREMENT PLAN CONSIDERATIONS are something every small business person needs... Read More

Trading Systems

A trading system consists of a set of rules for... Read More

Finding False Gold in Penny Stock

As far as traders go, many do not see the... Read More

How to Buy to Let

Find out everything you need to know about buy to... Read More

Dont Catch a Falling Knife

One of the most common mistakes made by inexperienced investors... Read More

How to Calculate the Value of Your U.S. Savings Bonds

If you're like many Americans over the age of 55,... Read More

Easily Finding A Good Stock

There is a tremendous amount of software, complicated high priced... Read More

Beginning Investor - Investment Terms

Over the course of the past two months, readers have... Read More

Investigate Before You Invest

"Through wisdom is a house built. And by understanding it... Read More

Trading Expert Discovers Ways To Beat Stock Market Odds With Money Management

The first point to mastering money management is that you... Read More

Why the Rich Keep Getting Richer

Rich people: fortunate, lucky, selfish, and arrogant? Or highly educated,... Read More

Raising Capital Using a Public Company

Going public in this manner is ideal for companies that... Read More

The Conflict of Interest Game

Disgruntled investors are going after Wall Street once again, this... Read More

Wit and Wisdom on Money, Wall Street and Success - Part #4

Can you concisely summarize your investment philosophy in a few... Read More

Super Rules, OK?

Do you rule your superannuation or does it rule you?It's... Read More

Pros & Cons of Investing in Bonds

What are Bonds?A bond is a debt security, by which... Read More

Sell Discipline for Investors: Importance and Execution

Investors usually don't have an aversion to buying an asset.... Read More

Effective Advice For A New Generation of Investors

CATCHING A FALLING KNIFEOne of the most common mistakes made... Read More

Going Offshore For Asset Protection

There are a number of key reasons why individuals and... Read More

How Eating Bitumen Made Me a Better Stock Trader

Stock market trading is a fascinating activity.There are so many... Read More

Credit Scores = ROI Profits for Real Estate Investors

Strong credit saves real estate investors money on mortgage finance... Read More

Asset Location ? Increase Investing Returns & Reduce Your Taxes

Location ? Once the holy grail only for real estate... Read More

Maniac Investment

Let's first understand what maniac means. According to Webster a... Read More

Day Trading the SP Futures with Initial S/R and the NYSE TICK

For instance, if the market moves up in the first... Read More

Scots Beat Yanks in China Bank Deal

With visions of an ATM in every neighborhood in China,... Read More

25 Ways to Find Companies to Buy

When you start your program to purchase your "ideal" company,... Read More

Introduction To FOREX

The Foreign Exchange Market, better known as FOREX, is a... Read More