- Ever wondered what makes successful traders tick?
- Do you have a burning desire trade just like the big dogs?
- Ever wondered how you can make a killing from trading?
- Do the returns from what successful trading can gain excite you?
If you have said “yes” just one of the above questions – an education in financial markets trading will set you head-and-shoulder above the crowd.
Trading financial markets can give you many advantages that many other approaches do not. Not only do you have the opportunity to make money from both rising and falling markets, you also have the flexibility to trade thousands of asset classes in a style that suits you.
You can trade any instrument:
On any timeframe:
- Weekly chart
- Daily chart
- 4-hourly chart
- Hourly chart
- 30-minute chart
- 15-minute chart
- 5-minute chart
Whether you fancy yourself as a market ninja, scalping the market day in – day out, or would rather set your orders up and walk away, there are hundreds of strategies out there for you to capitalise off.
But do not have to be a mathematician or a science geek to be a good trader. Often the most unlikely people
For example: Martin S. Schwartz. Once in the US Marine Corps, he is now a Wall Street trader who made his fortune successfully trading stocks and futures. Schwartz, having worked for several years in what he considered to be a “dead-end job”, he accumulated a nest egg of $100,000, quit the firm, and bought a seat on the American Stock Exchange where he began trading stocks options and futures. In his first full year as an independent trader he made $600,000 and a year later earned $1.2 million.
However, It’s a sad fact that the 90% of people who have a go and fail. So what does separate winning elite from the 90% of simply have-a-go, give up and walk away? The answer may surprise you: tenacity and professional mentoring.
Trial and error (the slow route):
Those who eventually succeed after years of losses and numerous accounts blown up before they are even close to discovering what works and what does not. Such traders who are still in the market after learning “the hard way” by years of enduring the blood, sweat and tears often go on to make great traders. But such examples are few and far between as many simply give up and walk away.
Mentoring (the fast route):
Many of the most successful traders of this age have had the help of a mentor, enabling them a concise, fast-tracked pathway to success. From getting professional help, the student will taught what works in the markets and, perhaps more crucially, what does not. Even the best have mentors – Marty Schwartz had Bob Zoelliner to help him reverse his fortunes in his earlier, darker days. But this is not an isolated case – many top professionals in their field have mentors; take Tiger Woods for example. His mentor ensured he keeps on top of his game.