Archive for the ‘Investing’ Category

Better Trades

Friday, October 24th, 2008
trading system
Better Trades asked:


BetterTrades™ is the solution to your trading problems. If you have any questions about trading or any doubt that you have the knowledge necessary to compete in today’s trading world, BetterTrades™ is the place to turn for helpful classes and useful advice as well as articles and workshops that will allow you to improve your trading strategies and techniques.

Everyone would love to be able to make money on the stock market, and whether your ambition is to learn about trading for your own personal gain or to work toward becoming a professional trader, BetterTrades can help you turn your goal into a reality. BetterTrades has already helped hundreds of people learn more about trading, giving them the details and the inside information to become stronger, more successful traders.

If you would like to join this educational experience, all you have to do is sign up. The registration process for BetterTrades is fast and easy, and it grants you instant access to the multitude of topics and resources on BetterTrades. With your free registration, you will be able to sign up for online interactive classes hosted by a team of professional trading educators, work with our comprehensive article database, or register for one of our live events.

BetterTrades can be your virtual classroom; with some of the top trading instructors working to create classes that will interest, educate, and inspire you, you can participate in a trading education like no other. Work with some of the top names in trading today, and get experience from the professionals who have been on the trading floor and have published books to back up their techniques and skill in the industry. The BetterTrades virtual classes allow you to experience the give and take of a traditional classroom from the convenience of home with their online education programs.

Taking a Better Trades class is as easy as signing up, and signing on for the class session. You will be able to communicate with your instructor, ask questions, and refine your knowledge of the topic at hand. With BetterTrades, it is easy to work with the system to pick the classes that are interesting to you so that you can get the information you need to trade at your best. Consider starting with our Marketing Essentials course, an amazing overview to help get you off on the right foot.

BetterTrades is more than a virtual classroom environment, though. For those who prefer a more traditional setting, Better Trades offers live workshops with some of the best minds in trading education to walk you through a wide range of fascinating topics; these classes are constantly offered in major metro areas around the country, and they’re the perfect way to kick off your educational experience. BetterTrades is the trading education you’ve been searching for. Sign up today.

This article is originally published here: Better Trades



Barbara

Better Trades – for Successful Trading Career

Friday, September 26th, 2008
trading system
Better Trade asked:


Working for What?

It used to be that you could work a solid eight hours and make enough money to provide for a five person family. However, now things have become much more complicated. Costs continue to rise, and often salaries just aren’t enough to cover the costs. If you’re looking for a break, perhaps it’s time to consider trading some of your money in the stock market.

Many people will tell you that trading is risky at best, but educated traders will tell you that a little education goes a long way. If you are interested in employing the techniques that have made so many wealthy, a bit of knowledge could change everything.

Looking to BetterTrades

BetterTrades will help you find the information and skills you need to become a successful trader. Better Trades is a unique educational company willing to help you learn the tricks necessary to make a reliable income. With live events, interactive web courses, and a host of other resources that are personalized to ensure you get the information you need, BetterTrades is truly different.

Lots of trading companies offer training, but few offer courses that actually allow you to participate. What’s more is that the instructors at BetterTrades are experienced investors with enviable trading backgrounds. With nationally recognized authors and speakers on the team, you’ll get the trading education you need in a format other sites simply can’t offer.

Consider starting with our Market Essentials course, the one place online where you will find the knowledge necessary to begin trading successfully right away.

Joining BetterTrades, though, isn’t only about interactive course offerings. BetterTrades offers you amazing live events, step-by-step tutorials, real time market analysis, trading labs, and newsletters that will help ensure your path to success. Let BetterTrades make a financial difference in your life. A solid knowledge base is the best way to begin your successful trading career, and Better Trades is the only resource for both online and live trading education options to provide you the most flexibility, reasonable costs and knowledge you need to get started.

Taking The Next Step

Successful trading takes skills, and if you’re willing to add a bit of effort to your BetterTrades community membership, you’ll find the individuals who will teach you the necessary abilities you need to be a successful trader.

If you’re looking to learn to trade in the stock market but are too scared to try on your own, why not learn from those who know what they’re doing? The education for any skill level is what sets us apart. BetterTrades is your key to having a lucrative, wealthy life without fighting with that 9 to 5 job anymore.

This article is originally published here: Better Trades



Johnny

Better Trades

Saturday, August 30th, 2008
trading system
Better Trades asked:


There are few jobs in the world that don’t require training, yet many people believe that trading should require little to know training. Trading on the stock market gives you an unlimited potential for earning money, but all too often, people lose thousands and sometimes hundreds of thousands of dollars simply because they didn’t have the knowledge to make effective trades. Instead of just taking a chance, why not learn how to trade the right way? Allow stock market professionals to teach you the strategies that will work for you.

BetterTrades.com is a method unlike many others. Most online sites that promise to teach you how to navigate the stock market are simply regurgitated information from older sites. They are “canned” presentations that deal with simple techniques you can pick up anywhere.

BetterTrades is something entirely different. Instead of being a website where you can get the same information that is posted everywhere, BetterTrades.com is a method that caters specifically to the individuals enrolled in their courses. The Trading Webshops, the key to this program, are live, interactive courses that you can take in the comfort of your own home. These Webshops will not only teach you the basics of trading, they will teach you how to trade in a way that is beneficial for you.

Wondering how these Webshops work? At BetterTrades.com, you simply sign up for the Webshops that you feel will help you to become a better trader. It doesn’t matter if you’re looking for beginner courses or more advanced techniques, Better Trades is sure to have the course for you. Take as many courses as you like. You can even take a webshop again for refresher purposes.

Why should you work hard everyday and invest in a market, only to lose all of your money? Your money is valuable and taking courses from Better Trades can teach you how to intelligently trade your money and how to use the markets to increase your investment. Because they are invested in making sure you can truly use the training they provide, BetterTrades.com is different than the others. If you need a stock market training you can truly use, you need Better-Trades.com.

This article is originally published here: Better Trades.

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BetterTrades can teach you how to intelligently trade your money and how to use the markets to increase your investment.



Nigel Graig

Stock Trading Psychology Plan

Friday, August 1st, 2008
trading system
Anthony Green asked:


Trading is much more of a psychological problem then a methodological one, only the traders who have first accepted this have a chance of being consistently successful traders. Without an understanding of trading psychology and the various issues that circumvent method, there will be virtually no chance to overcome the fear, confusion, and despair that can be inherent in trading. Ultimately, after a series of consecutive losses, method becomes replaced with a feeling that it is impossible to do anything right; if for no other reason than this situation, trading psychology is more critical than trading method.

New Trader Scenario

Consider a scenario where a trader develops a method for day trading an index future. The method gives 15 trades per day, and the trader has gotten to the point where they are able to paper trade with the following results: 9 wining trades averaging $85 each, and 6 losing trades averaging -$65 each thus giving $375 average daily gains. The trader has achieved these results for three consecutive months; their paper trading goals have been met and it is time to start trading real money.

Real money trading begins, but things quickly change. Instead of trading their method like they did when paper trading, the trader starts skipping trades trying to pick the winners instead of accepting the 40% losers; of course, they invariably pick more losers than winners. Trying to then correct this problem, the trader decides that maybe they are entering their trades too late. So now instead of letting the setup complete and then doing the trade, the trigger is anticipated so the trade can be entered earlier – the losses get worse.

With the continued losses the emotions take over: What is wrong, why am I such a pathetic loser? Maybe its not my fault, maybe the method just doesnt really work.

The problems get worse with each trade, more emotions and more loses – the trader quits trading. The trader now decides that their paper trading results werent really adequate to begin real money trading. They will go back to paper trading and studying again.

Thoughts that are going through the traders mind now: Maybe I should try different trading methods until I can eliminate those losing trades then I will be ready to trade real money again. Really, maybe I should just quit trading altogether maybe I am just a loser, and thats why I cant trade.

The Trading Psychology Plan

What should be very apparent from this scenario is that the trader never traded their paper trading method plan after transitioning to real money trading. Unfortunately, the trader is unable to realize what they have done, instead their emotions first place blame on the method thinking that it really doesnt work, and then on themselves for being such a pathetic loser. The final result being that the trader quits trading, and if the real underlying reasons for what has happened arent accepted and changed, this trader will never be able to trade real money even if their paper trading results become 100% winners, which of course is not going to happen.

The trader had a trading method plan, but they did not have a trading psychology plan. They did not have a way to make the transition from fear and emotion directed trading to actually trading the method as designed. They did not have a plan to objectively access and understand their given non-method actions, and then define a setup for replacing them.

The trading psychology plan must begin with an honest assessment and acceptance for what really happened: the trader never traded their method plan; there is no other blame to be placed, or excuses to be made. There is nothing wrong with the trading plan, and regardless, the trader has not traded it in order to be able to make that evaluation. As well, traders cannot internalize trade loses where they lead to their viewpoint of themselves you are not a loser because your trade is a loser.

Trading Psychology Plan Components

Accept that losing will be a normal part of trading. Not only is it impossible to be perfect, it is not an objective or necessary to be a profitable trader.

Replace the focus of winning and losing with the objective of following your plan. This was not done while paper trading, as the trader had a specific profitability goal that they used to tell them when they were prepared to trade real money. They did not understand that the reason they achieved this goal was because of how they followed their plan.

Remain neutral and non-judgmental towards yourself. If profitable trading is ever going to be possible, this is mandatory. There is no way that you are going to be able to trust yourself to manage risk while you are also telling yourself that you are stupid or a pathetic loser each time you lose or feel that you have done something wrong.

Eliminating your emotions is not the objective; I actually do not think this is possible. Emotions are always going to enter into trading learn to control the emotions, instead of having them control you.

Accept that emotions are a part of life; they arent by definition good or bad, and actually if you can shift the focus of what the emotion represents, they can be very beneficial for the trader. For instance, if I am feeling confused and that causes an emotional response or hesitation, I want to feel that emotion. This emotion becomes a warning to me that I should wait and try to find more chart-market clarity before taking a trade, something that can be very typical when markets are in congestion.

Start slowly this may be the most important component of your plan. For instance, begin trading real money for an hour at a time, and then assess what you have done, always asking yourself the question: did I follow my plan, or did I take non-method trades.

Granted, you will not be able to approximate your paper trading results as the expectancy of that plan was achieved by averaging 15 trades per day. However, not only will this help further to shift the focus from how much money did I make to did I follow my plan, it will also allow you to acclimate to the logistics of real time-real money execution, and the related initial emotions, where all of a sudden the market feels like it is moving considerably faster. By doing this you will build-up to trading your full plan at a pace that wont cause you to become so overwhelmed by the process, and immediately cause you to avoid what you had intended to do as fear and emotion becomes too strong.

You have a great trading method and trading plan. You have profitably paper traded, and you ARE now ready to start trading real money just be sure that you have a trading psychology plan that is as good as your trading method plan, and that you realize that neither will be of any use to you without the other.



ARAV

Better Trades – a Better Teaching Strategy

Monday, June 2nd, 2008
trading system
Better Trade asked:


Do you really want to learn your stock market trading strategies from someone who has never traded?

One of the problems of the Internet is that there are hundreds of people and countless websites that say they know how to use the stock market when they are simply regurgitating the information available everywhere. If you’re trying to build your personal wealth, reading the same information found on virtually every trading website simply won’t help. Fortunately, there’s a better way.

BetterTrades is a truly unique educational company in the world of trading. We rely on live events that you attend in person to ensure that you are learning trading information unavailable anywhere else. Interactive seminars, live mentoring, online courses and specialized trading information are also used to help you get a maximum return. Our interactive multi-training makes BetterTrades an exceptional resource for any trader either new or experienced.

One of the best things about Better Trades is that all of the instructors are experienced traders who have worked extensively with the stock market in the past. With over 200 years of combined experience, you’ll find a team that has written a multitude of books and designed thousands of seminars. You’ll also find the only team who can help you meet your personal wealth goals.

Many of the instructors began their stock market experience with virtually no training. For some, trading was a hobby. As they realized that they were able to fulfill their own financial goals, trading became much more. Because our instructors began their trading career as novices, you’ll get realistic advice that teaches you the necessary skills to get started. Free of the technical jargon that can confuse many beginners, you’ll learn how to make a fortune no matter what the market conditions.

With thousands of satisfied students to date, BetterTrades is an educational company that provides personalized advice. With highly educational classes that will teach you to apply smart trading tactics, you could turn a few hundred dollars into thousands in just a few months. If you’re not trading as successfully as you like, it’s time to contact BetterTrades.

Better Trades is for those who truly want to learn how to trade in the stock market. After all, why would you use another company whose instructors have never traded when you can work with a faculty that has made its own personal fortune from the techniques offered in each class? Contact BetterTrades today, and start your trading education.

This article is originally published here: Better Trades

 



Dale