What an unprecedented week in the history of the world and day trading?
If you are reading this post while the news is unfolding, you know the media is flooded with talks of a major collapse in the world’s entire financial system, jobs are being lost in America for the last nine months, the entire credit system is frozen (no banks want to lend anyone money…even if you have good credit…banks are recalling previously approved credit lines) and to top it off the news is talking about a global consumer slowdown preceded and being led by a possible Great Depression in the United States.
So, my question to you, as a day trader, is…how are you honestly feeling and filtering your actions with this as the background when day trading?
Are you approaching life with the same childlike enthusiasm you had when you were a child Trick or Treating on Halloween Night? Listen to the audio at www.natebrooks.com site on the home page…Achieving Your Greatness…there are some great insights for day traders to help master your mental filtering process.
Are you afraid and just hoping that you don’t lose money when you push the button to place your day trades?
Are you feeling like you are a victim in this whole process while the Wall Street greedy people keep making money?
Do you honestly know what to do if you had to start over again if you blew out your day trading account?
Do you have the skills that can be quickly implemented in the marketplace so that you can make money as a day trader?
Are you angry that your 401 K Plan has now turned into a 101 K Plan?
Are you getting depressed or allowing yourself to get depressed and just walking around in a funky daze or find yourself sitting in front of the “electronic income reducer” called a television to “just cool out” from the stress of the day?
Have you given up and are now just going through the motions throughout the day?
OR
Do you see opportunity and possibility?
Are you excited about learning new skills?
Are you truly excited about rising above all of this mess?
Have you now made the decision that you will pay the price to learn the necessary day trading skills and day trading disciplines so that you are in a position to rise above outside influence on your financial life and life, in general?
Honestly, I can’t tell you how excited I am about life and all the possibilities of the future. If you know how to day trade, you just need to put some money into an account and you can pull yourself out of ANY financial hole fairly quickly. There is no better business in the world…because the opportunities for your upside possibilities are unlimited. With the right day trading setups, proper money management procedures and solid discipline you can change your financial future, in a short period of time. Whether or not you are currently day trading, as a part of taking control of your financial future, you should learn how to day trade so you can invest your own money properly in your own Self Directed 401 K Plan. If you do nothing else, re-read this paragraph several times until you truly understand the meaning of what is being said in this paragraph.
No matter what is happening in the world…TRADE THE PATTERNS THAT YOU SEE ON YOUR CHARTS…do NOT listen to the news or anything else. As a day trader, you should still trade based on what you see on your charts and based on what specific rules you have setup for yourself. You need to be mentally strong as a day trader. Have a mindset like “There’s a recession/depression out there and I am choosing NOT to participate.” I can help you get there.
Life is full of possibilities when you learn the proper day trading skills…Make that commitment to yourself…right now…this very moment!
- Nate Brooks
Learn to Trade with a Harvard MBA