Making Money in Trading ....is it possible ?
The Truth ? ....... Yes and No !
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There are a small percentage of "Master" Traders who can do it..... year in year out.....generating steady reliable profits** using their tried and trusted systems combined with mental focus and capabilities that would make them the best in anything they chose to do....
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(** I have provided examples of my trading performance when challenged on some of the Bigger Forums. Mainly to prove a point and shut up the many negative individuals who seem to think being profitable is impossible to achieve. I am a profitable Trader and will only continue to be as long as I remain disciplined, humble and the eternal student)
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Back to business - There are 2 key elements to my approach - the lets call these :-
1) The Methodology (Strategies, systems , patterns, entries , exits, money management etc etc )
2) The Mind (discipline, emotions, focus, concentration, self awareness, personal beliefs)
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see my seperate web pages on these areas.....
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Its this dynamite combination that makes these traders the best of the best.....make no mistake .....if you are even a small percentage off your game in either area you will be destroyed by the Market ...no mercy will be given...so do not expect it...
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and if you are still building your trading game then clearly you will be seeing mixed results at best and at worst you will be losing your money and capital most days to the markets !
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so beginners and intermediates - do not dispair ....it happens to everyone ...its the path
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the path is long and hard (what isnt) but its worth it .....not just for the financial rewards possible but for the Humble knowledge that you have managed to achieve a Temporary level of mastery in a very very difficult profession.......
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and the key words here are Humble and Temporary .....these are discussed more in "The Mind" page of this website.....where even master traders must remain humble and be eternal Students.... always advancing and learning .....for without this they will soon fall back to poor returns or losses quickly ...fact !
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in fact one of my own favourite sayings to students is .....
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The more I learn .....the less i know .....
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so what are you waiting for ? ...
get out there.... start today .....and make it happen !
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Neil
NVP
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