subject: Reveal Day Trade Losers' Secrets by:Fei Chen [print this page] I attended a lot of seminars and trainingsI attended a lot of seminars and trainings. I also bought many trading books and tried to find secrets of trading. However, 99% of what they know, I can get it from Internet for free. Instead, I find a secret for losers.
A trade becomes a loser. Not because he/she lacks knowledge, discipline or technical analysis. That's because he/ she don't have confidence and money to fight it back. Confidence is back up by enough capital for trading and living.
I was a Proprietary Stock Trader in a trading firm. Within a year, I broke up my account twice. I did consistently make $100-500 per day. A couple of big losses (about $1700 once) didn't ruin my confidence. But my team leader always threatened me to deposit more money or remove me out of my trading desk when I had a minor loss. My leader's rules don't fit my strategy. He's willing to risk 5 cents to make 10 cents. I could risk 50 cents to make $1. And he didn't allow me to do that. The conflict between his scalping rules and my technical analysis strategies gave me a lot of trouble. He gave me a huge mental and economical pressure. I didn't have additional money to add on. Since then, every time I entered a position, I was thinking about what I could do if I lost money again, what the leader said about my loss. I couldn't focus on trading or follow my strategy. Finally, I lost all and followed with my teammates. The team leader himself was struggling. I borrowed money and tr!
aded with a new team. Scary money never wins. Same problems and the same result. With the same strategy, I did paper trade with a peaceful and clear mind. I could consistently make $200 per day with 200 shares per trade.
I was so frustrated. I felt my life was going to the hell. I know I can make a lot of money in trading. I just couldn't. I can't find a better job than trading because I liked it so much. Where could I find money to live, to support my trading? I wanted to work at home so that I could continue to practice my trading skills. I searched and searched. For 2 months, I got nothing to fit my need. My parents scolded my laziness.
Finally, I found two work-at-home programs. Even though my friends warned me that 99% of these programs were scams. I just couldn't wait. I need money. Now, I get $200-$300 per day at home with 3 hours work. I know I will make more and save money for trading. This time, I will not be day trading any more. Instead, I do swing trades, which is safer (for me, I am good at TA) and less emotional involved.
I want to shares these two work-at-home programs with those who need it. If you are interested in these two programs, you can try. They offer 100% Money-Back Guarantee.