can counter punch trader help you trade better?
TRANSCRIPT
TrustBut
Verify
That can lead to people missing out on something that can actually lead them down the road of trading success that they seek
Even with strings of losing trades, Joe did not give up on his
dream.
And he had plenty of opportunity to jump into just any trading
system
Subject lines areso far fetched
The ones he did look into just didn't hold
up to "trust but verify" and were quickly
discounted
CounterPunchTrader
Joe had no interest in wasting his time on
far fetched claims
He needed something to hit the ground
running with and with Counter Punch, Joe
found that
The trading system made it easy for Joe
It took the guesswork and the emotion out of his trading decisions
Once in a trade, Joe says he sits and lets
"the magic happen"
This often means that his trading day is short
Nobody gets into trading so they can be
chained to a desk
Another thing that Joe loves is the chop
indicator that comes with the system
Often times, the markets are in a price
compression state and the chop indicator will highlight this condition
This may be a time for you to sit aside and
protect your capital
One thing that Joe talks about is when he took trading classes or used
other systems, he thought he was
invincible
He was confident but lacked the discipline that is needed to find lasting success as a
trader
The losses not only hurt his account but
also affected him as a person
He panicked in losing trades and when you
are emotional in your trading, nothing good
can come of it
Building up a history of failure can do terrible
things for your mindset
Consistency in your trading approach is
replaced by knee jerk reactions
It will cost not only money but can also devastate your self
esteem
Joe tested the system and found he had an edge with the system
Confidence is one thing but without
discipline, trading success would be
elusive
“Everything is right there for you"
You never have to guess at what to do at any
moment in the trade
What really helped Joe was being in the
trading room with the actual developer of the trading system
Any questions that he had were being
addressed by someone who knows the system
intimately
It helped take the learning curve out of
the system
He could type in the chat box or simply
email support to get his questions
answered
There is no question that this shaved a lot of time off becoming a master of the trading
system
I think from the video, it's quite clear these were heartfelt words
he spoke
Took losing trades
Frustration set in
Became undisciplined
Took more losing trades
Looked for another system
He feels that the struggle is over
It turned his life around in terms of
finding a path that can lead to the success he desired with trading