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		<title>How a few small changes helped me become a profitable trader &#8211; painlessly!</title>
		<link>http://stocktradingexperts.com/uncategorized/how-a-few-small-changes-helped-me-become-a-profitable-trader-painlessly/</link>
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		<pubDate>Sun, 26 Jun 2011 01:33:28 +0000</pubDate>
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		<description><![CDATA[How a few small changes helped me become a profitable trader &#8211; painlessly! Hi my name is Rocky Tapscott and than you for stopping by my blog page. If you’re like I was&#8230; You’re desperate to find a way to make your trading more profitable. You might also want to spend less time doing research, [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-size: x-large;"><strong>How a few small changes helped me become a profitable trader &#8211; painlessly!</strong></span></p>
<p>Hi my name is Rocky Tapscott and than you for stopping by my blog page.</p>
<p>If you’re like I was&#8230; You’re desperate to find a way to make your trading more profitable. You might also want to spend less time doing research, and have a little more of the freedom that traders are supposed to have.</p>
<p>If you’re a trader and you’d like to know how you can be much more successful (quickly) keep reading and I’ll tell you about my trading story and how I finally started making good money from the market.</p>
<p>Like many traders, I used to spend hours each day looking at charts, reading market information, and watching CNBC looking for tips and advice. I’d be in and out of trades all the time, spending a lot of money on brokerage, but never making much for myself (and many weeks losing money).</p>
<p>To try to get better, I started spending even more time analyzing charts and doing research. I even created huge hand drawn charts of the Australian SPI contract I was trading at the time, going right back to the start of the contract in 1983.</p>
<p>This is what one year of that chart looks like</p>
<p><a rel="attachment wp-att-198" href="http://stocktradingexperts.com/uncategorized/how-a-few-small-changes-helped-me-become-a-profitable-trader-painlessly/attachment/rocky-chart/"><img class="alignleft size-full wp-image-198" title="Rocky With A Chart" src="http://stocktradingexperts.com/wp-content/uploads/2011/06/rocky-chart.jpg" alt="Rocky With A Chart" width="207" height="174" /></a></p>
<p>But no matter what I did, I just couldn’t make it work. After years of battling on my own and thousands of dollars in training courses and losses, I finally realized I had to change what I was doing.</p>
<p>I was sick of the market going the wrong way, or missing profitable trades. My wife was finally starting to lose patience with me and all the money I was spending. I felt like a loser even though I’d been working my butt off for years trying to get it right.</p>
<p>That’s when a friend told me about a site called LINK HERE. I watched the whole video and actually found it pretty educational&#8230;especially for a video that was designed to sell me something.</p>
<p>What he said made perfect sense. He explains that the best traders like Hedge Fund managers only make a handful of big trades each year. They follow the money and get on board the big trends, and clean up by being on the other side of trades that most people lose money on.</p>
<p>At this point I figured, “To hell with it, joining this thing isn’t cheap, but he’s offering a 90 day guarantee, so it’s no skin of my back if it doesn’t work. And if his method does what he says it does, I can finally make some money as a trader.”</p>
<p>What I like about it is not only does he teach you how a top hedge fund manager trades, but he gives you the actual trades he’s taking at the same time he’s getting in and out. And the results are really good.</p>
<p>I know it might sound over the top &#8211; but since following John I’ve made a profit on just about every trade. I even find trading exciting again after so many years of constantly losing money. Plus it only takes me a few minutes a week now to do my research and place trades instead of hours a day like it used to. I finally feel like a winner and my wife is no longer mad at me.</p>
<p>I love using this system because it makes trading so easy, and I don’t think I could ever go back to the old way of doing it again. Finally I have the freedom this business is supposed to give us.</p>
<p>That’s it &#8211; That’s how I became a profitable trader. No more company reports to read, no more expensive software programs, no real time data feeds or days spent as a stressed out screen-jockey. Just a daily email to read with specific recommendations that early always work out great. I’m a firm believer in the information from this page</p>
<p>LINK HERE</p>
<p>Sincerely,<br />
Rocky Tapscott</p>
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		<pubDate>Wed, 02 Feb 2011 03:17:55 +0000</pubDate>
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		<title>3 Common Trading Problems Solved</title>
		<link>http://stocktradingexperts.com/uncategorized/common-trading-problems-solved/</link>
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		<pubDate>Mon, 24 Jan 2011 23:49:34 +0000</pubDate>
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		<description><![CDATA[Here&#8217;s How To Solve 3 Of The Most Common Trading Problems Imagine if you could create the perfect lifestyle business. One that gave you time freedom (you only ‘work’ a couple of hours a day), complete control of where you work (all you need is a laptop computer and an Internet connection), PLUS it paid [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: center;"><span class="tahoma" style="font-size: 18px; font-family: Tahoma; color: red; font-weight: bold;">Here&#8217;s How To Solve 3 Of The Most Common Trading Problems</span></p>
<p>Imagine if you could create the perfect lifestyle business. One that gave you time freedom (you only ‘work’ a couple of hours a day), complete control of where you work (all you need is a laptop computer and an Internet connection), PLUS it paid really well&#8230;</p>
<p>If you are looking for a business like this, then stock and options trading can give it to you.</p>
<p>But there is a problem. At least 70% of active stock traders (and probably around 90% of the people who trade options) lose money over time. There are lots of reasons, but there are three major problems that can limit a traders&#8217; career to weeks or months instead of years&#8230;</p>
<p><strong>Problem #1</strong> &#8211; Blaming others and not taking responsibility for your own actions.</p>
<p>Taking responsibility for our actions is the difference between good traders and those who fail to make it long-term. Any time you hear a trader blaming his Broker, the Fed, the talking-heads on TV, other traders running stops or anyone else, you just know they probably aren&#8217;t going to make it as a professional trader.</p>
<p>Professional traders never blame anyone or anything else. They make the decisions based on their analysis and live with the consequences. These outcomes can range anywhere from profits and losses, but the good trader knows that if he sticks with his winning system he will make money over the long term.</p>
<p>You can’t blame other people&#8217;s actions for your results. Focus on the things you can control (your trading plan, your entries and exits), take responsibility for your actions, even when they result in a loss, and your trading results will improve over time.</p>
<p><strong>Problem #2</strong> &#8211; Not managing risk while going for the big profits</p>
<p>If you take big risks in the market you&#8217;ll most likely have a very short trading career. The leverage available to traders (especially options traders) means that your gains and losses are magnified, so taking a position that is too large for your account can create catastrophic losses and end your trading career.</p>
<p>Profitable traders rarely take big risks, taking many smaller profits (and fewer, even smaller losses) over a long period of time. They build their account balances steadily rather than plunging a large chunk of their capital on one position and hoping for a profit.</p>
<p>No matter how good your system is, you are going to have losses trading the market. By keeping these losses small you can build your wealth over time, grow your account and stay in the business.</p>
<p>But one huge loss can shake your confidence to the point where you will eventually stop trading and go and do something else. Professional traders always consider the risk return ratio of any trade, and use prudent position sizing to remove as much risk as possible, while maximizing their potential profits.</p>
<p><strong>Problem #3</strong> &#8211; A lack of (the right kind of) trading knowledge and experience</p>
<p>If you think your trading education is complete after reading a couple of technical analysis books and a book on Candlestick charting, you’re probably not going to make a lot of money in this business.</p>
<p>The problem is that most training only gives you part (and often a very small part) of the story. Business owners, entrepreneurs, and professional athletes all have advisors, coaches, mentors or boards of directors to guide them as they build their businesses.</p>
<p>If you want to become a professional trader without wasting a bunch of money and time in the process, you’ll also need a guide or coach to help you succeed. The best coaches are people who have been where you are now, succeeded despite the odds, and have the experience to show you the short-cuts to success.</p>
<p>Find somebody who can share this specialized knowledge with you and you will massively increase your chances of becoming a successful trader. But if you try to work out this trading business on your own, you&#8217;ll likely waste years of valuable time and money trying to work out the best system for your temperament and trading style.</p>
<p>Need help to become a profitable trader? Let us start to coach you by grabbing our free <a title="3 Top Stock Trading Problems Solved" href="http://stocktradingexperts.com/uncategorized/common-trading-problems-solved/" target="_self">Stock Trading Experts</a> video series on finding, entering and profiting from fast moving trends.</p>
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