SUN TV in an Ending Diagonal

The pleasure you feel when getting it right in the financial markets is so intense that you really want the world to know! But did you know that you can get it right again and again? The only force that is stopping you is inside yourself. This is primarily the fear of losing and the pain it has inflicted in the past.

This morning, when I checked my email, I saw this from one of my students. His name is withheld for privacy reasons. Let us call him SP.

Just as SP, we all can overcome our fears and put our knowledge into practice. The pulling of the trigger is what made the difference. Most students who have taken my online course already possess the necessary skills to achieve consistent profitability. So what is keeping them from becoming successful? It is mainly a lack of conviction in themselves. If you have learned the lessons properly, then you should be able to take low-risk trades again and again. True, some trades will result in a slight loss. However, even a single trade, such as the Sun TV trade that SP took, will offset 5 or 6 losing streaks. If you are disciplined to be patient for the right level, and confident to pull the trigger when we get there, success will be yours.

Congratulations, SP. You should now put the past, including this recent success, behind you and evaluate each trade independently. Let the market speak to you. Cheers.

For those who need to refresh their knowledge of the case studies, here is the link to Part 2 of the course. Part 1, of course, teaches you the theory and some preliminary case studies.