There has never been a time in history when information was so commoditized.
Some amazing technique that didn’t even exist a few years ago can now be bought at your local bookstore for $18.95. Then it’s posted on somebody’s blog for free.
Suddenly, because there’s no price tag, you can’t even tell whether it has value or not. A million dollar edge in 2007 earns you 25 cents in 2011.
If you do everything “by the book” not only are you operating on last year’s knowledge, you’re applying it within the limits of your own perspective, to a market that’s probably moved on.
The worst part of this is:
Constantly doubting yourself. Never being quite sure if your next move is the right move, or if it’s even a good one.
When you’re isolated, you’ve got a bull’s-eye on your head so you’ll find a lot of gurus who are only too happy to step in and exploit your sense of isolation.
Where do you get power to step forward with boldness?
I can tell you where I get my confidence: From my system and my trading plan. I plan my trades and trade my plan.
Do you have a proven system? One you’ve tested and have confidence in?
Do you have clear entry and exit signals?
And, when you’re tempted to ignore them, someone to redirect you?
If you don’t have quick YES answers to all these questions… that’s the missing piece you need to resolve.
Trading can get lonely but you don’t have to go it alone. Seek out the real teachers – those who trade the same systems they teach and who’ve been through the good markets and the bad (though, with the right systems, there’s no bad market for trading, some types of markets give more and some less).
As the legendary King Solomon said, “Without counsel plans fail, but with many advisers they succeed.”
Helping you retire on time,
Big A
800-743-0385