The Only Mindset You Need to Win
Corona Del Mar, CA
I'm no fan of 99% of all the "mindset" trading books.
Based on teaching thousands of traders, having a trading strategy that works trumps mindset.
If you veer off to Pluto while your strategy keeps truckin' along making money, then it becomes pretty clear that you should be following the strategy and not your gut.
There are very few people that can't follow the rules.
And about half those that become overly emotional in their trading (and fail to follow the signals) can solve that problem by cutting how much they trade in half.
When in doubt, trade half.
What I love about a fully tested trading strategy is that it shows you just how bad things can get.
For example, if a backtest shows a 30% max drawdown, then you can expect that'll happen again sometime in the future.
That way you're not blind-sided when things don't go your way...which will happen. No one strategy is fool-proof at all times. Even Jim Simons and crew got hit a bit by the meme stock craze earlier this year.
Luckily they trade lots of strategies so it was just a blip in their otherwise stellar performance.
Getting back to mindset...
There is ONE mindset technique that helps.
It's this: There's a bunch of your money out there in the markets. It already belongs to you.
You just need to drop the remote control, get off your boo-tay and go get it. The WSJ estimated that 10 million new traders opened brokerage accounts in 2020. Those who know how to trade are making fortunes vacuuming up that new money.
98% of new traders fail not because of mindset...it's because they've been taught things that are completely backwards. They're plugged into the fake news ecosystem with nearly zero probability for success.
Fully tested and vetted systematic trading is the red pill that all my successful students have in common.
P.S. Want to copy and paste a single line of code that produces 90.1% winners? That single line of code has over 4,871 trades over the past 18 years as proof. With this line of code, you could be looking at 9 out of 10 winning trades.
This has nothing to do with trading options, futures, Forex, or leverage of any kind. And this isn’t about candlestick trading, Fibonacci levels, GANN angles, wave counts, or anything else you may have heard about – even if you’ve been trading for decades.
Wondering how to get started?
Step 1: Looking for more consistent profits?
Get a free copy of my book: Artificial Intelligence, Real Profits here >>
Step 2: Want to build a trading strategy in under 10 minutes?
Watch this free training video >> (Scroll down the page)
Step 3: Want A.I to build tailor-made trading strategies for you?
A.I is beating people at just about anything related to numbers and data. Nearly every billion-$$$ hedge fund now uses A.I to boost profits.
Watch a demo of The Boss "SuperAi" Strategy Builder as we harness the raw power of 3500 computer cores and strong A.I.
During the presentation, you'll learn: How to Generate Consistent Retirement Income Using "SuperAi-Designed" Trading Strategies. Click here >>
Step 4: Looking to discover new trading ideas to help grow your nest egg?
Online training to vastly improve your trading with A.I.
Watch the podcast >> | Read the blog >>
Step 5: Additional Resources
The Relaxed Investor (The simple strategy proven to work since 1926. Downloaded by over 200,000 readers)
The Ghost of Bernie Madoff is Not Yet Dead (Is your broker on the naughty list? Many traders have no idea they're being sold out)
The Ultimate Crash Detector (The strange weekly report that helps predict crashes. LIVE trading signals since 2006)
Portfolio Boss User Guide (Our flagship strategy building platform User Guide. See what it can do to help you on you quest for F U money)
Trading With Other People's Money - Coming Soon!
Bit-coin for Busy People (How to get started with Bit-coin in under an hour without the complicated new exchanges, high fees, and complicated wallets)
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.