Now, let's move on to 5 more of the 20 (11 thru 15) Trader Survival Skills every trader must know.
(11) When in Doubt, Get Out (or Stay Out).. Deal with reality, if the market doesn't behave like you expected, Get Out Of The Market Immediately.
(12) Learn the difference between gambling and trading: (1) Don't trade just because it's irrationally high or low, (2) no new positions before the market opens, (3) no positions before major market announcements, (4) always use a protective stops, and (5) always have a high probability trade set-up before putting on a trade (like those taught in my program for example).
(13) Never, ever add to losing trades.
(14) Don't over trade. Trade more only as you get more experience and only if you're Winning - not the Opposite.
(15) Be Logical, not Emotional. Emotions can help destroy you as a trader - be very logical and follow your trading rules.
I truly hope you've enjoyed and learned from these Important survival skills. Please remember, there are 5 more Trader Survival Skills coming your way next week, so please be on the lookout for them.
Get all 20 Survival Skills for Traders here
Monday, November 28, 2011
Part 2: 20 Survival Skills For Traders from Todd Mitchell... (Trading Concepts Inc)
Now, let's move on to the second Trading Lesson, which discusses 5 of the 20 (6 thru 10) Survival Skills every trader must know.
(6) Focus on your executions. Remember, every execution is a trade. Money is valuable...don't leave it on the table.
(7) Model Yourself After Successful and Experiences Traders. You will be all you can be...but you need to start somewhere. That's where the Trading Concepts Lifetime Mentoring Program becomes invaluable to you as an e-mini (day) trader (or any type of trader for that matter).
(8) Be Teachable. Learn something new everyday (or at least every week). The 'Losing' and 'Winning' trades can teach you a whole lot.
(9) Remember that even the best of the best traders lose money. Learn to accept your losses and move on to the next trade. That's just part of the business - you will never win 100% of the time.
(10) Use relatively small share size...at least at the beginning. Large wins at the beginning generally means large exposure.
I hope you found this second trading lesson to be educational because I believe this one along with the many that are about to come your way can be instrumental in your trading success.
Get all 20 Survival Skills for Traders here
(6) Focus on your executions. Remember, every execution is a trade. Money is valuable...don't leave it on the table.
(7) Model Yourself After Successful and Experiences Traders. You will be all you can be...but you need to start somewhere. That's where the Trading Concepts Lifetime Mentoring Program becomes invaluable to you as an e-mini (day) trader (or any type of trader for that matter).
(8) Be Teachable. Learn something new everyday (or at least every week). The 'Losing' and 'Winning' trades can teach you a whole lot.
(9) Remember that even the best of the best traders lose money. Learn to accept your losses and move on to the next trade. That's just part of the business - you will never win 100% of the time.
(10) Use relatively small share size...at least at the beginning. Large wins at the beginning generally means large exposure.
I hope you found this second trading lesson to be educational because I believe this one along with the many that are about to come your way can be instrumental in your trading success.
Get all 20 Survival Skills for Traders here
Wednesday, November 16, 2011
Part 1: 20 Survival Skills For Traders from Todd Mitchell... (Trading Concepts Inc)
20 Survival Skills For Traders from Todd Mitchell... (Trading Concepts Inc)
5 of the 20 are contained in this Blog. In the next three Blogs you will get the remaining 15 Survival Skills.
1: Know the difference between trading and investing. We are traders, not investors. Discipline is doing the right thing at the right time...every time. Survival in this business is dependant on the right decisions.
2: Don't let losers run. Always use stops (i.e. Initial Stop Losses [ISL's]). Have an absolute limit, I teach you this in my program. Risk management is very, very Important in your trading. Don't be stubborn in holding a position/opinion. Remember, while you may not be wrong often, The Market Is Always Right. The best traders are the first to admit (to themselves and the market) that they made a mistake.
3: Trade only price pattern set-ups (taught in my training program).
4: Trade for skill, not the money. If you're focused on the money aspect of trading...you're not focused on the 'trade'. And Scared money never wins.
5: Concentrate on 1 to 2 markets at a time. Remember that markets have personalities, habits and friends...get to know them. Since I have traded that S&P's since 1988 & the E-Mini S&P since inception (fall of 1997) - I like to think I know this market very well.
Get all 20 Survival Skills for Traders here
5 of the 20 are contained in this Blog. In the next three Blogs you will get the remaining 15 Survival Skills.
1: Know the difference between trading and investing. We are traders, not investors. Discipline is doing the right thing at the right time...every time. Survival in this business is dependant on the right decisions.
2: Don't let losers run. Always use stops (i.e. Initial Stop Losses [ISL's]). Have an absolute limit, I teach you this in my program. Risk management is very, very Important in your trading. Don't be stubborn in holding a position/opinion. Remember, while you may not be wrong often, The Market Is Always Right. The best traders are the first to admit (to themselves and the market) that they made a mistake.
3: Trade only price pattern set-ups (taught in my training program).
4: Trade for skill, not the money. If you're focused on the money aspect of trading...you're not focused on the 'trade'. And Scared money never wins.
5: Concentrate on 1 to 2 markets at a time. Remember that markets have personalities, habits and friends...get to know them. Since I have traded that S&P's since 1988 & the E-Mini S&P since inception (fall of 1997) - I like to think I know this market very well.
Get all 20 Survival Skills for Traders here
Trading Concepts E-mini Lifetime Mentoring Program
Trading Concepts E-mini Lifetime Mentoring Program includes the following:
-Comprehensive Manual
-Quick Start Summary Guide
-4+ Hours of Video DVD's
-4+ Hours of Audio CD's & a Follow-Along Manual.
Also Get Unlimited Lifetime Support for life...
live One-On-One Personal Hands-On Training with me, Todd Mitchell. Either in my office live or over the phone/internet - it's up to you, whichever is best for you.
Access Daily Video Clips - as if you were sitting with me live in my office each & every trading day. There is no better hands-on learning experience than this.
Access Daily Charts - where you'll see at first glance all trades & reasons for each trade.
Unlimited Lifetime Access to the Exclusive Members Area.
Unlimited Lifetime Access to Call Me On My 800 Line & Email Me Directly at Anytime.
You will have all the support you need to help insure and guarantee your (day) trading success. What I'm offering you is a Personal One-On-One Mentoring Program - I really don't think that you'll find this anywhere else. You will never be just a number to me - I truly care about your trading success - and I sincerely mean that to the very core of my being.
Click here for more info on Trading Concepts
-Comprehensive Manual
-Quick Start Summary Guide
-4+ Hours of Video DVD's
-4+ Hours of Audio CD's & a Follow-Along Manual.
Also Get Unlimited Lifetime Support for life...
live One-On-One Personal Hands-On Training with me, Todd Mitchell. Either in my office live or over the phone/internet - it's up to you, whichever is best for you.
Access Daily Video Clips - as if you were sitting with me live in my office each & every trading day. There is no better hands-on learning experience than this.
Access Daily Charts - where you'll see at first glance all trades & reasons for each trade.
Unlimited Lifetime Access to the Exclusive Members Area.
Unlimited Lifetime Access to Call Me On My 800 Line & Email Me Directly at Anytime.
You will have all the support you need to help insure and guarantee your (day) trading success. What I'm offering you is a Personal One-On-One Mentoring Program - I really don't think that you'll find this anywhere else. You will never be just a number to me - I truly care about your trading success - and I sincerely mean that to the very core of my being.
Click here for more info on Trading Concepts
Friday, November 11, 2011
Welcome to Trading Concepts Inc from Todd Mitchell
Your Trading Concepts
First off, THANK YOU for taking your valuable time for coming to my website, I truly appreciate it. My goal for this website is very straight forward. To help you make money by providing you with every advantage necessary to help you confidently trade your way beyond anything you every expected or even hoped for.
First off, THANK YOU for taking your valuable time for coming to my website, I truly appreciate it. My goal for this website is very straight forward. To help you make money by providing you with every advantage necessary to help you confidently trade your way beyond anything you every expected or even hoped for.
You see, I’ve had the very fortunate opportunity of being mentored by my father and, after years of self-study, discovered a trading methodology that has since allowed me the recognition of having one of the oldest, most respected trading educational companies in the world!
And please remember, Trading Concepts is a lot more than offering Mentoring Programs. We’re a family of traders and, while most people believe that good traders are born, we help to create them.
For all you traders (beginner, intermediate or advanced) and aspiring traders, if you answer ‘YES’ to any of the following questions, I truly believe you have come to the right place:
- Are you a beginner (or intermediate or advanced) trader wanting to learn trading strategies that work in a wide range of markets that best suits your lifestyle, time constraints and personal interests?
- How would you like to learn from professional traders with over 30 years of combined market experience and knowledge?
- How would you like to become a consistently successful trader while at the same time eliminate the guesswork with objective trading rules?
- How would you like to join a community of active traders that not only share knowledge, but also help support one another?
- How would you like to watch daily trading and training videos, follow live trading, as well as have access to live on-line trading classrooms?
So, I urge you to take your valuable time to go through my website to learn more about what we have to offer and how we can personally help you. Have a great day and I truly look forward to hearing from you soon. Once again, welcome. It’s an honor to have you here.
Yours in trading success,
Subscribe to:
Comments (Atom)