This document discusses the importance of time and experience for traders to become successful and consistent. It notes that 80% of traders fail due to a lack of knowledge, patience, discipline, and experience dealing with different market conditions. The author argues that it takes most traders 5 years of experience to become profitable. He then outlines his challenge to grow a $10,000 trading account to $100,000 within 2 years through consistent, low-risk trades of 1-2 per day. He emphasizes that success requires commitment of time to develop skills and experience different market cycles rather than an emphasis on frequent trading.

2.  Introduction.
 The realities of trading.
 The one key factor all successful traders have.
 Why the odds are against you.
 Why learning the latest strategy will not make you
money without this vital ingredient.
 My live trading account run through.
 How any trader can achieve consistency, provided
they have this.....

3.  I started in 1997.
 Previous career in Fund management.
 I was hooked!

4.  Learned the hard way.
 Started again fearful, then built my account only
to get overconfident and?
 Cycle of gains and losses.
 Consistency was the key rather than taking that
extra trade at the end of the day that gave back
previous gains....
 It took me 4 years to achieve this.....

5.  Started EzeeTrader in 2002.
 I’ve been an FCA regulated money manager as
well as co-running EzeeTrader.
 London Forex Show unbeaten in live trade-off for
past 4 years.
 BBC documentary ‘Trader’s millions by the
minute’.
 Next challenge is £50,000 into £500,000.

6. “Without wishing to go on or embarrass you, I sing your praises all of the time.
Your patient teaching and demonstrations have had a huge impact on the
psychology of my trading. I thought I was patient but you have taught me what
this really means in trading. Whilst I am obviously still learning Forex techniques,
your coaching has also improved my share dealing which I have been doing
longer! Again I thought I was calm in my trading, but now I approach trades in a
truly calm manner waiting for set ups to be 'perfect' and come to me. Your Forex
techniques are excellent in themselves but I can’t thank you enough for the
constant focus upon, and dissection of the psychology of trading which has had a
big impact on my trading in such a short space of time. Listening to you always
making such sense so often has gradually impacted me so that I feel it in my
bones instead of just thinking I know it if that makes sense....”
Shaun H

7.  Real trading, not hype or nonsense.
 The simple reality of trading is 80% fail. Why?
 Lack of knowledge.
 Lack of patience/give up too early.
 Greed.
 Fear.
 Discipline.

8.  You can gain all these qualities but there’s one
key factor all traders need in order to acquire
them....
 TIME
 Courses/strategies but until you gain experience,
you will not be good enough.
 Market Wizards
 Some of those masters didn’t become profitable
until trading 5 years!

9.  Airline pilot....
 Doctor.....
 So why do traders expect to learn some
techniques and be instantly profitable!
 In theory, traders should be profitable after
learning the theory, however.....
 Mindset.
 Airline pilot could have completed his training but
does he/she have experience to cope with;

10.  Extreme bad weather
 Extreme turbulence.
 Different airports to acclimatise to.
 Until they have experienced these conditions, they
simply don’t have the expertise to be responsible
for passengers.
 Until a trader has experienced;
 Different market cycles.
 Bull/Bear markets
 Low/high volatility
 How can they expect to be consistently profitable?

11.  There is only ONE way and that is to start low and
build experience over TIME.
 If you DON’T think 2 years of your life is worth it
to then have the skills to trade for the next
10,20,30 years, then this isn’t for you.
 Are you playing at it?

12.  You build experience by time spent and with
guidance from professionals.
 Traditionally a trader would join a bank where they
would be trained and mentored.
 Not many opportunities in banks these days –
automation.
 Huge potential for discretionary traders!

13.  Okay, so you want to know how to increase an
account exponentially.
 Once skills have been developed, it’s simply a
case of being consistent.
 At 10% a month, an account will grow from $10k
to $100k in 2 years (compounded).
 Big assumption due to the following;
 You trade every day/week
 No holidays/sickness/missed days/poor markets.
 You compound EVERY month – unrealistic.
 Mindset! Can you handle increasing position size!

14.  This brings me back again to experience!
 After speaking to a U.S. company about doing this
webinar, I had this idea....
 So is it possible to turn a $10k account into
$100k within 2 years?
 Okay, my challenge.....
 Using it as a tool to help traders with their
BELIEFS....

15.  Demonstrate that traders can do this provided
they are willing to put in the TIME.
 Time is not the same as WORK!
 Study by Brad Barber at university of California-
Davis published in 2000 looked at results of 2
million trades between 1991-1996.
 The 20% of investors who traded most frequently
underperformed those who traded the least
frequently by 7.1%.
 Here’s the account for the first year.....

16.  Using day and swing trading techniques.
 The key is knowing when and just as importantly,
when NOT to trade.
 You don’t have to be trading all day long to be a
pro.
 Novice traders want action – that’s not what
makes money.
 In trading, we get paid by sitting on our hands and
doing nothing.

17.  Consistency is about knowing (experience) when
to trade and when NOT to trade.
 I wait for my momentum setups to come into line
along with multi timeframe analysis.

18.  If they don’t align, I don’t trade.
 1-2 trades a day.
 Consistency – unforced errors!
 Andy Murray....

19.  Promise to commit your TIME to trading and
you’re 8/10ths of the way there.

20.  Invest time NOW for the skills and experience to
trade the rest of your life.....
 Set your own monetary goal.
 Can you give it the TIME to develop these skills?
 If you can, please sign up for the full completed
10k to 100k webinar at www.ezeetrader.com
 www.ezeetrader.com/showfx