Make More Money Trading Tommorrow

Make More Money Trading Tommorrow



Make More Money Trading Tommorrow
Several years ago I​ was in​ search of​ trading that was as​ simple to​ understand and execute as​ possible .​
I​ had researched so many systems in​ 10 years of​ studying and trading and one thing they all had in​ common was complexity and vagueness .​
Everyone that claims to​ have the​ holy grail says it​ is​ a​ no brainer but when you​ start to​ dig into the​ nuts and bolts of​ the​ system you​ always find glitches .​
You will start to​ uncover little tweaks that the​ system promoter says you​ have to​ adjust for one reason or​ another.
After awhile you​ have so many tweaks that you​ begin to​ wonder if​ this a​ system at​ all .​
Many times I​ have asked myself if​ I​ would not do better by just flipping a​ coin .​
On most systems flipping a​ coin would be better .​
This is​ sad but true .​
You see the​ only trading system that is​ dependable is​ money management .​
I​ know that you​ hear this glossed over in​ every book and system out there but the​ truth is​ that 99% of​ success in​ trading any market is​ due to​ money management .​
This is​ the​ dull side of​ trading and when you​ are trying to​ sell a​ million copies of​ a​ book you​ have to​ advertise the​ flashy side of​ trading.
A good example is​ to​ ask someone what they need to​ do to​ put more money into savings and a​ retirement fund .​
Most,​ if​ not all people respond that they need to​ earn more money .​
Wrong answer! the​ correct answer is​ by setting and sticking to​ a​ budget that allows for money to​ be saved .​
You see,​ for most people earning more money is​ not as​ easy as​ just saying the​ word .​
Most of​ us depend on​ someone in​ a​ supervisory position to​ award us a​ pay raise .​
This means that for the​ most part earning more money is​ not in​ our control .​
How we budget our money on​ the​ other hand is​ totally within our control .​
This is​ why if​ you​ are going to​ make a​ true change in​ your finances that you​ have to​ choose budgeting to​ achieve your goal .​
The reason most people say earn more is​ because in​ the​ back of​ their mind there are other appealing aspects that go along with earning more money.
Trading systems are the​ same .​
It is​ much more appealing to​ think that you​ will by a​ system and it​ is​ going to​ make you​ rich .​
Millions is​ spent each on​ trading systems,​ tapes,​ seminars,​ and courses .​
With this many people buying all this stuff and going into trading America should be bursting at​ the​ seams with trading millionaires .​
That's not exactly the​ case though .​
Why not? Because you​ can have a​ great system to​ trade with,​ but if​ you​ can not manage money you​ will not make money and in​ the​ long run you​ will lose .​
The only way to​ make a​ true change in​ your trading is​ also through a​ money management strategy.




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