Chris Mathews - The Trader's Mindset Course, Trading Psychology

What I have to tell you today is extremely important. It doesn’t matter whether you trade Forex, stocks, options, futures or metals. In fact you could be betting on horses or playing poker for that matter. It really doesn’t make the slightest bit of difference…

“Your success or failure doesn’t depend on your system!”

Let me tell you exactly why. Before I do that, make sure you enter your name and email in the box below, to make sure you get my FREE video series. If you are like most of us, you cannot afford not to watch them

n 2007, two hundred and ninety three selected Forex traders entered my “black ops” Forex training program. The recruits received specialized intensive training in technical analysis, highly profitable trading systems, trading money management and “ninja” trading tactical techniques. They had every tool at their disposal to literally outperform 99% of top traders. There was no reason for any single trader not to make extreme profits on their money. I’m talking 100%…500%…even 2000% returns.

Twelve months into their Forex training ops, I subjected all 293 traders to an intensive de-briefing - a probing reveal into their results. I looked at their triumphs and failures. I looked at their trade logs. I asked about their mental and psychological well-being. Above all, I looked at their trading account balances.

What I discovered shocked me to the core.

But why these frightening results ??

My “recruits” had received the most intensive training I had ever programmed. They were drilled daily on the skills of market-beating methods and systems. They had been arranged in support “platoons” to ensure they got the full benefit of group learning. They were placed into the line of fire together with me, and walked through countless live trades and market conditions.

“Battle Hardened Traders”

I’ve used the picture of military training for a very good reason. …

Learning to beat the Forex market is just like the reality of training for battle. There is a gruelling process of skills training, drills, discipline and “battle hardening” which has to take place. Soldiers are mentally prepared for tough fighting conditions. Without their mental training they would quickly fail

Let’s leave the military comparison and get right to the shocking revelation.

99% of Forex Traders know nothing about the critical trader’s mind-set.

Nothing

Not a single Forex trader survives the brutalities of the market place without intensive mind training, and the ability to master their own thoughts…psychology….emotions….call it what you want.

What I’m talking about is the single biggest reason why traders fail. Look at the figures from my black ops training program one more time: After only 12 months and out of 293 recruits:

Only 121 still had trading accounts
Only 27 had made a profit.
Only 14 had made more than a 50% return
Only 6 had doubled their accounts or better

I want you to know exactly why these figures are real, and why you will probably NOT be in the the group of 47 who made a profit. Let’s look at this more closely.

“8 Factors which WILL DEFINITELY NOT secure
your success as a Forex trader”

Finding a profitable trading system
Trading with a reliable Forex broker
Studying Forex trading books
Participating in Forex forums
Buying Forex E-books (good or bad)
Using professional charting packages
Paying for Forex signal services (even profitable services)
Attending expensive Forex training seminars

Let me tell you a very quick story, which
almost cost a friend his life…

I have a very good friend, who happens to be one of the very best Forex traders there is. I mean, this dude is a serious hard-hitter.

He has designed over 10 highly profitable trading systems. He has worked for a large bank as a Forex trader. He’s managed millions of dollars for private hedge funds, and today has a following of over 25,000 traders.

Let’s rewind the years and travel back in time to 2003.

James was intelligent and experienced in Forex, and had the world at his feet. He was managing a large fund, and placing trades of over 30 million dollars at a time through his Forex broker. He was highly skilled, exceptionally profitable and well respected throughout the Forex community.
He had mastered almost everything related to Forex, and was doing well. Really well.

Until late 2004, when he lost everything through horrendous trade choices. Maybe you know how it feels.

What went wrong?

It wasn’t because James wasn’t clever, skilled or experienced. It wasn’t because he hadn’t studied Forex intensively throughout his early years as a trader. And it definitely wasn’t because he had a dishonest broker or a poor charting package.

It was because he was missing the most important , powerful “x-factor” which almost every single trader misses. Even the big players.


What I’m going to reveal to you in this report, is probably the single most important information you will ever learn as a trader, and I’m going to show you how you can get your hands on it today - right now.

Calmly and coldly pull 10…20…50 pips from the market daily without any emotion

Know how to cut a losing trade with complete peace of mind

Learn how to let your winners run without getting out way to early

The simple steps to develop the trader’s winning mind-set

Ruthlessly discipline yourself to eliminate emotional trades

Eliminate stress, fear and anxiety from your trading day, and actually enjoy your trading

Discover the secret which separates winning, wealthy traders from losing, poor traders

Get the edge over 98% of traders, even without changing your system, charts or broker.

“Why you need to ACT today”

Just like any other skill, the trader’s mind-set is tough to learn by yourself. In fact, for many people it’s impossible to get there without help. The longer you continue to trade without it, the less likely you are to ever develop it. It’s a little bit like having a poor sporting technique. The longer you play the sport without your flaws being corrected, the more difficult it is to change as time goes on.

That’s without even considering the money you may well lose while you are looking for the silver bullet in all the wrong places - trading systems, signals, e-books, forums and whatever else out there.

This stuff is not even negotiable. Every SINGLE professional and profitable trader has mastered these principles. There are no exceptions.

also You can look my other last: Business-posts