| So - You've read all the trading books. You're ready to take on the world! BUT . . . Do you have a Trading Plan? If you don't, you're dead |
| Make Your Own Trading Plan Putting ALL the Pieces in Place |
| If you don't have a solid plan of action, the markets will absolutely KILL you! Sign up today for your complemen tary copy of "Make Your Own Trading Plan" |
| Timorous has been trading financial markets for over a decade. Having seen many friends repeatedly frustrated and/or really damaged by the markets, Timorous has decided to make sure everyday traders know that you DON'T have to be samurai or a risk junkie to trade the markets successfully. That is what TimorousTrader.com is all about. |
NOW market pundits have decided we are in for another banner year
in 2010 - you believe them, right??? (Hint: don't believe any of them!)
As gut-wrenching as all of this has been, there is an even more
painful reality which is often ignored: what we are going through right
now is NOT unique. Black Monday in 1987 . . . the Asian
Contagion in 1997 . . . the Dot Com Bubble popping in 2000 . . .
the collapse of hedge fund Long Term Capital Management . . .
all of these, and more, have happened in just the past 20 years.
The market has handed out horrible beatings before, and it will do so
again. The details will differ somewhat each time, but the pain and
loss of $$ will be the same!
How does someone who wants to put their money to work FOR them
keep from getting smashed every time the market drops? How do
they know when to get IN, so they aren't left standing at the station
when the train to riches heads out? Realistically, you have three
alternatives:
- Put your money in an FDIC bank account - it's safe, but are you
happy getting a mere 2% - 3% from your money?? - Find a 'Killer' trading system and use it to tell you when to buy
the next big Iomega or Google. That should be easy: stocks like
those come along every day, right?!?! - Formulate a Trading Plan that guides every move you make in
the markets so that regardless of what is happening on Wall
Street (or anywhere else in the world) you won't be panicking
like 99% of the traders you are competing against!
You'll find arguments for each of these options, and if the first or
second are appealing to you - you can stop reading. Timorous' new
book "Make Your Own Trading Plan" isn't for you, and you can spend
your money on a book telling you how to open a bank account or
read the future.
BUT - if you are more interested in using your money to make better
returns than a bank WITHOUT losing sleep over your so-called
investments, and doing it in a way that fits your current lifestyle, then
"Make Your Own Trading Plan" can help you. I mean let's face it:
when you know what you are doing, trading stocks, options and
foreign currencies is THE recession proof business!
Does this book offer the latest, greatest trading system, telling you
when and what to buy and sell? NO. Trading systems are a dime a
dozen: some are good, some are suicide. But a trader without a
sound plan can destroy his or her account as easily with a great
trading system as with a nightmarish one - because the market
doesn't care how good your system is. If you don't manage
everything around your operation the market will eventually flush you
down the tubes.
Now, I'm going to take something from that last statement back:
"Making Your Own Trading Plan" actually does include a trading
system - for the beginning trader it can be looked at as a stock
options trading tutorial, ETF trading tutorial or a forex trading tutorial -
nothing fancy, but it's solid and is actually used by Timorous in his
own trading. But instead of pretending it's some kind of Holy Grail,
Timorous presents this system as what it should be: just one part of
the trading process, and one piece of a robust trading plan.
But that's not all that is covered in "Making Your Own Trading Plan".
Not by a long shot! Within the pages of this e-book you will also
cover how to:
- Choose the broker that will best serve your needs
- Decide what you will actually be trading - there are countless
trading vehicles available today: which ones fit you and your plan?
- Decide how MUCH MONEY you will be trading
- Decide what time of day you'll be trading
- Decide how OFTEN to trade
- Decide when NOT to trade!
- Make sure that you are adequately capitalized for the style of
trades you will be making
- Make your decisions from a psychologically stable position - way
too many traders make their most critical decisions while they
are flustered, or even terrified. That's a great way to lose
money.
- And More!
Timorous Trader
Don't be a hero - just make money in both up
and down markets
Don't be a hero - just make money in both up
and down markets
 |  |  |  |  |  |
Make Your Own Trading Plan - Putting ALL the Pieces in Place
| Timorous |
| | | | | |
I don't have to tell you the
markets have been pretty
crazy lately: almost 50% of
value in the major indexes
evaporated in 2008, they
made about 50% in 2009,
the banking and auto
industries are STILL on the
ropes, and money
'managers' have done their
best to destroy the financial
existence of millions of
people (Bernie Madoff,
anyone?) . . . . the list
goes on, and likely will for
some time.
markets have been pretty
crazy lately: almost 50% of
value in the major indexes
evaporated in 2008, they
made about 50% in 2009,
the banking and auto
industries are STILL on the
ropes, and money
'managers' have done their
best to destroy the financial
existence of millions of
people (Bernie Madoff,
anyone?) . . . . the list
goes on, and likely will for
some time.
Understanding any single one of
these issues will save you years
of fear and frustration, as well as
losses to the markets. Having
ALL of them under control can
make you a trading force to be
reckoned with! In Making Your
Own Trading Plan, Timorous
includes a complete trading
template - you just plug in the
pieces and voilà! Your plan is
ready for action!
Clearly - having an idea of when
to buy and sell an options
contract is critical to your trading
success - but it's just as clearly
not enough to help you make
more money with less heartache
in the markets. You need more
weapons in your arsenal.
"Making Your Own Trading Plan"
gives you those weapons! So
what are you waiting for? The
MARKET isn't waiting - every day
of trading without these tools is
another day you risk giving more
of YOUR MONEY to someone
else! Read "Making Your Own
Trading Plan" TODAY!!
these issues will save you years
of fear and frustration, as well as
losses to the markets. Having
ALL of them under control can
make you a trading force to be
reckoned with! In Making Your
Own Trading Plan, Timorous
includes a complete trading
template - you just plug in the
pieces and voilà! Your plan is
ready for action!
Clearly - having an idea of when
to buy and sell an options
contract is critical to your trading
success - but it's just as clearly
not enough to help you make
more money with less heartache
in the markets. You need more
weapons in your arsenal.
"Making Your Own Trading Plan"
gives you those weapons! So
what are you waiting for? The
MARKET isn't waiting - every day
of trading without these tools is
another day you risk giving more
of YOUR MONEY to someone
else! Read "Making Your Own
Trading Plan" TODAY!!
