Sleepless Trading

Corona Del Mar, CA

Howdy Friend!

For many, today's election has led to some sleepless nights...

But for 17 year old Randy Gardner, he brought "sleepless nights" to a whole new level.

For a science fair project, he had the bright idea of breaking the world record for staying awake.

The previous record was 10 days...so of course he decided to stay up for 11 days straight.

By day three, he had trouble speaking.

By day five, he was hallucinating.

He couldn't even count backwards from 100 because he would forget what he was doing.

After breaking the record, he checked into the hospital and had a long rest (about 14 hours from reports).

Clearly, if you're not getting enough sleep, your mind completely breaks down as if it was a car overheating in Death Valley.

Lack of sleep leads to bad decision-making.

A buddy of mine told me that he moved all his money out of the stock market and into cash because of the 'rona.

Clearly that was a mistake of monumental proportion, although it's never too late to get back on the horse.

Last week, I shared this image, and it really seemed to resonate with your fellow traders:

Most people start out watching the news to make their trading decisions, which has been a terrible idea since the "news" went from legally required "fair and balanced" to opinion.

Then traders place their faith into the hands of newsletter gurus, but a huge swath of those gurus are just as clueless as the masses.

Next up is technical analysis where traders use the teachings of Edwards and Magee.

You know...drawing trend lines on charts...identifying patterns in charts.

Problem is their famous book; Technical Analysis of Stock Trends, is from 1948 -- pre computer.

So once again, what looks like a winning system for making money consistently in the markets has fallen off a cliff like Wile E. Coyote being fooled once again by the Road Runner.

It really isn't until you get to the 4th stage of trading that I've seen the biggest turn-arounds in traders' dreams of hauling money out of the markets come true.

And that's because if you follow all the rules for creating a winning trading strategy, then you're creating a recipe for making money.

Let me ask you three questions and nod your head if you agree:

Are your odds of baking yummy cookies better or worse when you have a tested and true 5-star recipe?

Are your odds of success better or worse if you have a recipe for making money?

Will you sleep better and have less anxiety if you follow a recipe for making money?

P.S. If you're ready to take your trading to the 5th and final stage, then you can still receive a massive discount on The Boss Ai strategy builder until the timer below hits zero.

Disclaimer: The results listed herein are based on hypothetical trades. Plainly speaking, these trades were not actually executed. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under (or over) compensated for the impact, if any, of certain market factors such as lack of liquidity. You may have done better or worse than the results portrayed.