YOUR FREE TRADING SYSTEM: http://www.netpicks.com/tjgiveaway1 We live in times where downsizing and job losses happen on a daily basis. Losing a job can be very traumatic especially if you are in your middle years as opportunities seem to go to the younger your fired from your jobcrowd. I’ve read many articles where people in their 40’s and early 50’s have been punted from a job they’ve held for years. They now look at their options and believe that there is not much out there for them. This can cause despair and depression to set in which just makes the ball start rolling downhill even faster. http://www.netpicks.com/run-with-the-trading-goal/ - READ MORE

1. Run With The Trading Goal
http://www.netpicks.com/run-with-the-trading-goal/

2. We live in times where downsizing and
job losses happen on a daily basis.
Losing a job can be very traumatic
especially if you are in your middle
years as opportunities seem to go to
the younger your fired from your
jobcrowd.

3. I've read many articles where people
in their 40's and early 50's have been
punted from a job they've held for
years.
They now look at their options and
believe that there is not much out
there for them.

4. This can cause despair and depression
to set in which just makes the ball start
rolling downhill even faster.

5. At Netpicks, we get emails and new
customers almost on a daily basis from
people who are now jobless and no
longer in their prime years.

6. They are looking to trading as a goal
and although they are aware of the
dismal success rates, they don't find
that to be a deterrent.

7. They do however think their age will
be a limiting factor and are concerned
that they may be too old.

8. Let's take a moment and look at what
the successful say: It took them about
3-5 years before everything started to
fall in place. They had their downtime
of course but they regrouped and
pushed through.

9. The end result is that profitability is
something they regularly achieve.

10. It doesn't matter how old you may be.
The next 5 years are going to pass
anyhow and you will be that much
older. The question is how old will you
be in 5 years if you don't pursue your
trading career?.

11. Exactly

12. Whether you go after your trading goal
or you don't, the clock will still tick
forward and you can either decide to
be in a different place or still be stuck
wondering if you should try.

13. Is your goal worth the work and effort
you must put in? Hopefully you
believe in your worth and have
answered "YES" to that question.

14. The markets also don't care
how old you are.
You are a blip on the screen..part of
the candle/bar formation on the
chart…and nobody cares about your
gender, your age, the color of your
skin.

15. You may not succeed and lack of
success is very scary for many people.
You are guaranteed zero success if you
don't put the paddle in the water and
start moving.

16. No guarantee of success is scary.
Pushing through that fear and
continuing forward movement while
others fall off of the side, is what
defines you. Guarantees are an
illusion and are used to sucker you into
buying the hottest trading system or
hiring the special guru.

17. Feel you are limited because your job
had nothing to do with the financial
world? You can learn and frankly, you
don't need an MBA in finance to be a
trader.

18. Many well educated people who think
trading is going to be a breeze fail in
their trading goal while those who
never attended the halls of higher
learning, do well.

19. Those that do well do what the others
won't do which is admit what they
don't know, get out of their comfort
zone, shun excuses and get on a path.
What do those that find success in
trading have in common? They took
action every single day in regards to:

20. 1. Their trading method
You must have a system that has a
statistical edge in the market. The
good thing is that simple does work
and elaborate and confusing trading
methods are not needed to make
money.

21. You must practice your system, verify
your system, and be able to execute
without hesitation when your trading
system calls for a trade.

22. Many of you would much prefer
piggybacking on experience and would
consider a fully developed trading
system and trading plan as your entry
into trading.

23. Netpicks is known for producing some
of the most consistently profitable
trading systems available and if this is
the route you want to investigate, you
can start you trading journey here.
www.netpicks.com

24. 2. Understanding types of risk in trading
Yes, there is the risk of losing a
particular trade but also understand
there is gap risk, risk of slippage, risk of
outlier events, and a few others. You
have to be aware of these risks and
have a plan of what to do if they occur.

25. I wrote about risk in a few other posts
but start with Myth Of Low Risk
Trading.
http://www.netpicks.com/myth-low-risk-trading/

26. 3. The psychology of trading.
The hardest battles people can face
are usually the ones that people can't
see. Fear, greed, and hope are just a
few of the issues you are going to have
to understand and how they can affect
your decision making process.

27. We have biases that can influence how
you look at an individual trade, your
testing, and other variables that make
up a successful trading business.

28. You need to walk the talk and while
saying you want to be a successful
trader is one thing, doing so is another.
It's hard work as you get the three
variables I just mentioned in order.

29. Your goal must become a top priority
for you and full responsibility for
success and failure must lay on your
shoulders.
Don't look for shortcuts nor excuses.

30. You must refrain from the "poor me"
attitude. That is not easy especially
when you believe you've done
everything right and yet success is still
elusive. Do an honest self appraisal
and see where improvements can be
made.

31. When you are forced to close one
chapter of your life and open another,
it will be hard. Time is going to pass
and only you can say where you want
to be in a few years. There is a lag
time in trading from:

32. Where you start
Where you understand
Where you find small success
Where you find consistent success

33. The longer you wait erodes something
we can never get back: Time. If
trading is your goal regardless of your
age or circumstances, get on the path
and run with it.

34. You may surprise yourself with a
future you never expected.