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A Year To The Day
John Mclaughlin Mclaughlin
As most traders consider themselves losers (the media has it over 80%), this opportunity to become a consistent winner is both special and rare. It's special as winning is all about learning - learning how to trade well and thus earn well. And learning how to trade well requires that you learn to manage well - manage your energy, your mood, and your money.
Winners have a means to win with discipline. They learn to quiet the chatter, displacing arrogance and bias with instinctive behavior (trade execution). They learn to trade with rigor, using a reliable system and execute according to plan. Winners must also learn to let go of the urge to arrogantly control - control the markets, control prices, and control outcomes. Applying standard business practices with management control (works great in business, as you know) fails painfully while day trading (as you also know).
Winners learn to manage their mood while they day trade stocks - to conserve energy and develop instinct for winning. Not just winning now and then, but consistently winning - day after day, every trading day. And then (like in the games of tennis and golf) learning to day trade stocks at professional levels of competence and performance - with a sense of meaning, self control, and purpose. Trading with both a sense of fulfillment and a wonderful sense of feeling alive - consistently winning.
We trade in the privacy or our own homes - no employees, no inventory, no selling, no meetings, no customers, no bad debts, no commute, and no airplanes - and no one telling us what to do.
We trade when we want, how we want, on our own - no boss, no stockholders, no media to deal with, completely autonomous, answering to no one - as we just day trade stocks to win.
We ignore the endless noise and all the before and after market research and forecasting - in order to pay attention to what matters most to consistently win - no matter what the market offers us to trade.
Like a champion tennis player, working with a world-class coach (Federer/Roche, Agassi/Gilbert, Sharapova/Yuri, Roddick/Connors), the focus must be on winning each point in the moment - not concerned with the past, the purse, the endorsements, nor the fame.
Likewise, day traders, working with this coach, the focus must be on winning each and every trade, at the moment - not concerned about the past, not the money, nor the contributions you can make with people close to you with your newfound wealth.
Our day trader career development program, our close and accessible client-coach relationships, and our learn as you earn day trading room - allow want-to-be winners quickly build and maintain the confidence, competence, and performance of a winner - in order to have that rare opportunity and experience of consistently winning as they day trade stocks.
Day Trading - Learning to Win and Learning to Lose
Winning:
The urge to learn is the urge to compete, and this urge to compete and win belongs to everyone. It's a gift - winning, whatever the game or endeavor, makes us feel alive. Learning to win and winning itself give us our sense of purpose and fulfillment in living.
This drive to win is found in every cell of your being and underlies everything you do. It’s at the core of every business, every relationship, and every sporting game, including the game of day trading - and, you got it, the Day Traders Win game.
The drive to win is all about the drive to survive (procreate and replicate – the continuation of the species). We do whatever we need to do to survive (win) - to stay alive long enough to pass on our genes, knowledge, and wealth, fighting at times to the death over mates, knowledge, and money. We live competitively to fulfill our purpose – to survive, to learn, to have our winning aspirations realized - and then use all that to help others survive, learn, and have their aspirations realized.
Yet we are never 100% satisfied. We always want to learn and have more.
Why?
We learn to survive and strive; yet our brains are never totally satisfied. It’s not even possible to be fully satisfied. Why? Living is about learning and helping others learn. It's the ongoing never ending game of life that, when more become aware, this world will become a much better place for all to live.
Winning helps us come close to being satisfied, temporarily. When you win you satisfy your brain (dopamine, the chemical released in response to winning) and you feel good, having pleasurable emotions and conversations. The urge to win is the urge to learn, the urge to feel good – to feel “more alive".
To feel alive is why we risk. We risk to learn to win – at the casino, at war, in relationships, in business, and in the game of day trading.
By the way, we know of no other game on the planet that allows as much winning as our game - the Day Traders Win game.
Losing:
Conversely, the fear of losing brings on unpleasant feelings of insecurity, anxiety, and stress. The nervous system releases another chemical, adrenaline, giving us a need to fight or to take flight – in trading, fear both prevents an entry and fear gets you out prematurely. Resentment and anger in losing make you want to recklessly get your money back (get even).
All distractions - all drains on your energy. Too much stress weakens the immune system, overburdens the heart, and, yes, excess stress can kill you.
There is no other game I know of than the Day Traders Win game where losing is so rewarding. Yes, rewarding. Our losing is so infrequent, so temporary, so insignificant, and yes rewarding - as you are now free for real opportunities to trade a winner. No brooding, no pain, no suffering - losing becomes just another step toward winning. When we lose a trade in our game, it's small, fast, and fleeting - we are now free to move on to win.
Learning to win, to be a consistent winner, is both challenging and energizing. The Day Traders Win approach to day trading allows us to conserve our energy, minimizes trading stress, and as we develop the instincts of a consistent winning - a champion.
This is your opportunity to learn to win and to learn to lose - masterfully - to have the ability to trade as a consistent winner - to feel alive.
Helping Traders Learn to Consistently Win
Comments & questions:
Consulting: Wealth@DayTradersWin.com http://www.DayTradersWin.com
Coaching: Coach@DayTradersCoach.com http://www.DayTradersCoach.com
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