As a professional trader that runs a day trading chat room, I have everything to gain by telling people they will get rich if they learn how to trade stocks (insert picture of me with my Ferrari surrounded by swimsuit models here). However, I’m not wired that way. I want people to know it’s the hardest thing I’ve EVER DONE!

Learning what a good chart setup looks like is easy. Making money on that setup is not quite as easy, but it’s also fairly easy. Making money from several different chart setups is fairly easy once you learn them.

So why not just learn one or even just a few setups and only trade them? Wouldn’t that make it easy to become a day trader? In theory, yes. But theory means nothing once the opening bell rings. The charts start moving, the news squawks start chirping. The chat room posts start scrolling. The numbers on your trading platform start changing, sometimes very rapidly.

If you remain cool and focused, you could have a great day. If you can do this on a regular basis, you could have a great month. If it becomes part of who you are, you could have a great trading career. So why do most people fail? Because they can have the great day, and maybe the great month, BUT …. a great trading career requires this discipline to become part of who you are. Most people never get there.

A huge winning trade and I can pay off my car and my credit cards. A really huge winning trade and I can pay off my house. These kinds of thoughts permeate most new traders brains, and it’s like poison. It keeps them from ever learning to have a process and stick to it. I blame human nature, but I also blame these ‘gurus’ out there showing their ‘baller’ lifestyle that they claim is from trading.

You too can have this lifestyle, if you only buy my trading DVD or take my trading course. BULLSHI*!! Any real trader that wants you to succeed WOULD NEVER dangle that carrot in front of you. Any real trader knows how hard it is to get past that hump that we all face in our trading journey. You know….that moment when we realize the market is NOT a casino and that we MUST have a process in place to trade safely, defensively and consistently.

If you are enamored by these ‘Ferrari Gurus’ when you first start your trading journey, my guess is you won’t be trading for long. Trading for a living is VERY POSSIBLE, and can be very rewarding, but you have to find a process and let go of the image put out by people that are just trying to sell you something.

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MemberGreat Stock Pix LLC
No question from me today, but a compliment instead... there are more than enough good calls made everyday in the room. Joining was the best trading choice I've made to date.Thanks!!
MemberGreat Stock Pix LLC
Hello, just wanted to send you a quick email and let you know how much I have not only enjoyed but also have learned in the few short weeks I have been on you site. I generally trade 1-2 days a week because my real job gets in the way, but i have been able to log 9 days now in your room. Of those days i've only had 1 red day & that was due to a risky trade i made on my own. Ive traded for years, always a bit nervous going into a position, but watching your ...
MemberGreat Stock Pix LLC
Mike,I won't keep sending emails, but want you to know that I just had my first multiple four figure day and it is completely due to being in the chat room. The strategies you teach in the videos have really helped me........ After trading alone for two years, your room is like a breath of fresh air.Thanks!!
MemberGreat Stock Pix LLC
Love your service...I tell everyone I know about you guys!
MemberGreat Stock Pix LLC
Mike, I have learned more in last few months than I have in any book and I'm ashamed I let these guys lose my money for years. Another $1300 day....Thanks!
MemberGreat Stock Pix LLC
This is the first time IN MY LIFE my account is up over 10% IN ONE DAY and its all cause you taught me to buy weakness and sell strength. Thanks so very much!

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