My Day Trader System

my day trader system

I have mentioned to you many times over this year that I was going to try and develop or find a day trading system that actually works.

It has been quite demanding to say the least.

My partner [bless him] and I have watched countless hours upon hours of charts forming [Not back testing]

From 1 minute, 2, 5, 10, 30 and hourly. Looking for patterns, results and trends.

That though is just the beginning of what I have been trying to achieve.

I have continually questioned why it is that people want to day trade? And why people fail at trading in general.

From my research this year, I have seen ways that might make money [trading] that I could of easily developed into something that looked really profitable, over complicated it and sold online.

If you know anything about me from reading my blog, you’ll know that’s not me.

Anything I have suggested to you that makes money, I have tested out myself with my own funds. If it works, I tell you. I sometimes make money from affiliate sales if the option is available.

My Day Trader System

Since starting my search for a profitable day trading I have honestly lost the amount of time I invested in the project.

Creating a system that worked needed a certain set of criteria. I wanted to offer not just a system with rules but a system that made you question yourself before you even made a trade.

I wanted to make sure that you had what it takes to make money trading.

To do this I have jotted down pages and pages of notes about how people react to winning and losing.

What makes a winning trader?

Can trading really be taught to anyone?

Why people want quick winnings compared to those that will wait long term.

And many other areas of consideration have come to my attention in creating a winning day trading system.

Basically, as much as I may have been able to create a seriously awesome day trading system… [hint hint] to make it even better, I need to spend time creating content to accompany the system.

This additional content will teach you about you… and what type of trader you are. It will then help you trade the system in a way that suits you rather than a way that is the only way it can be traded.

What’s more is that not only do I have to create the content, I have to deliver it in a way that will be simple for everyone.

All of this takes time and a monumental effort.

However… it is coming together.

Stock trader system

When will the System be available?

All going well, it could be ready for the late January 2017. It may take longer though.

I will keep you posted and update again in December.

There is a lot to consider yet, but this product will be my first actual product that I offer directly to my subscribers.

So much work has gone into it that it just can’t be given away for free.

If I was to give it away for free I could never offer support, then everyone is in the same boat again. I want to help you make a regular income and teach you along the way if needed.

As said I’ll keep you posted, as there will be limited copies also.

Don’t fret that it is going to cost a fortune. It’s not, it will be very affordable for all.

Trump in and Wall Street is Meditating

 

wall street meditating

Talk about surprised. It’s no wonder Wall Street are looking for ways to relieve stress…

And when you think that Paddy Power settled bets on Hillary Clinton early… the whole thing seems to make little sense.

Glad I considered value betting after all.

But that’s politics I suppose!

You have to wonder how it swung like it did though? I mean from being out the running to gaining complete control. He’s more powerful than Obama.

I mean, President Trump can pass bills on his own which Obama was unable to do.

The World Will Keep Spinning

However, the world will keep going. The markets will trend; business will start… some will flourish whilst others fail. Horses will run races, Chelsea will win the league and Mourinho will… will… ahhhh who cares…

The world will keep spinning as long as there’s a hole in your… um… ozone. The planet is far from revolving around the new president. It’s actually not that big a deal if he’s in or not if you think about it.

I can remember Ronald Regan as president [just] and wondered what the consensus was when a movie star became president? Or when he was running up to the elections? And that turned out OK… sort of.

Wall Street Meditating

Meditation for traders

It did make me smile when I read that Ray Dalio was still continuing to spread the word on Wall Street about meditation. I thought that Wall Street Meditating might come in really useful now that Trump is in.

Anyway, Ray Dalio is considered by many as the worlds greatest hedge fund manager [bridgewater]   and attributes his success to his forty-year practice of Transcendental Meditation

Eight years ago he introduced transcendental meditation to his 750 staff.

Since then the idea has grown, and it’s not only Wall Street Meditating but other business owners and traders are also embracing the benefits of meditation.

Somewhat ironically although not unsurprisingly, meditation and mindfulness has now become big business… raking in over a billion dollars in this last year.

I have mentioned the benefits of meditation to you before in this post

If you’re undecided on meditation as yet, then I can only urge you to look into it further… I think you’ll be surprised.

If not… maybe knowing that a man making $5 million a day and more say’s he owes it all to his practising of meditation since 1969, will give you a bit more encouragement to do so.

US Elections – It’s Almost Over

US elections

The US elections are finally coming to the finale.

It has been like watching some sort of bizarre soap opera this time round.

Instead of looking at the values of the candidates, I’ve found myself wondering what is going to happen, reveal itself and make the headlines next… to me at least, this election has a different feel.

Anyhow’s, beside the entertainment value, I’ll still be glad when it’s over.

Brexit and the US elections in the same year has seen me take time out the markets this year.

It’s been hard to trade and call the shots. It’s not a bull or a bear market. There have been winners and losers for sure, as always… but I’ve traded less and used the time to study more.

I have taken on a few of Vince’s suggestions as you know, and rolled over a few longer term trades; but I feel like a lion waiting to pounce at the moment.

I just think that once the elections are over that the markets will be moving one way or the other again with some conviction.

What the US Markets Are Doing

I remember at Vince’s seminar that he played a clip from the Wolf of Wall St.

It’s when they are in the restaurant, before Jordon has become a licensed broker and the head of the firm is explaining how being a broker all works… very funny and makes you wonder if he had something there?

Here’s the clip.

But as we all know from a traders prospective, trends DO exist in the markets; and some good profitable trends will back and easy to trade very soon.

Good time to Start Learning to Trade

If you’re a beginner and are looking to start trading, then this is the ideal time for you to start learning.

You’ll see some stability and clearer trends occurring, and generally find trading easier, at least until the next US elections.

Back to Studying.

As I mentioned earlier, being less active in the markets meant that I had a chance to study more.

This is a funny scenario actually.

When I’m more active in the markets I have been doing less of everything else regarding making money online.

This year I have concentrated far more on learning and creating other opportunities, self development… and so.

This has been a massive or maybe even my biggest result this year. Reading and learning more.

You see, trading doesn’t take long to do. But when you are doing something that works consistently, maybe you get a little complacent to other opportunities? I know I did.

So this year I have been concentrating on building a brand, making money via Amazon and developing my myself.

It’s been great and it has reminded me that trading gives you the chance to make a passive income so that you can create more passive income streams if you wish.

I’m going to start using my time to do so again.

So my One Thing is going to be building an Amazon business.

Of course I have many things going on in my life in different areas. And different areas have different goals. But my one business goal is going to be Amazon as a semi passive income stream.

I’ll still be reading loads and learning along the way. I have started buying paperbacks again, since I mentioned it here… I love books.

A quick glimpse of my Amazon sales for you… Long may they keep compounding.

Amazon sales

Not bad considering that my first stock items cost just over $300 including shipping to the UK.

It has been a learning curve on Amazon though, and I now have a much better understanding of how it all works. I’m now going to be adding products that I have researched for private labelling at a faster rate from here. This will see things grow much quicker.