Strangely, the question I was asked last week more than any other was -

“How come you nearly always reach your daily target….?”

It would seem that there are many people still out there who are struggling to get some consistency in their trading, and have a few days of profits before going back into losses once again. It is an often quoted statistic that over 80% of traders are NOT profitable, and while searching for a document yesterday on this computer, I came across an old interview with Angus at Capital Spreads (a London-based Spread Betting Company) and he confirms this number as well. I will send out a copy of this interview to all people on my email list, but if you’re not presently on the list, just email me for your own copy.

So, why are 80% of traders not profitable, and how can they start to emulate my record of reaching my daily target nearly all the time ? Well you need a simple, easy-to-copy trading strategy first of all, and then you just need to trade that system every day to the exact rules set-out. It is as simple as that. And my daily target is only 20 pips; I have a document on compounding that will show you how you can grow your trading account very quickly by earning 20 pips per day for just 3 or 4 days a week – please request it from me if you’ve not seen it before.

As with all trading systems, they are not profitable every day, and you will always encounter losing trades – I had one last night, but a way to counter this is to be able to watch for several different kinds of trades all on one chart. This means if you do have a losing trade, there are plenty more opportunities to get into anoither trade and earn back the loss, plus some extra pips so enabling you to end the day positively.

Ove the past 20 years, I have obviously had losing days, but in all that time, due to the way my systems work, I have NEVER had a losing week, and this obviously means that my trading account has never had any serious draw-downs.

Is it time for you to experience some winning days in the markets ? Do you fancy turning your trading ‘luck’ around ? Just email me and book a face-to-face Skype chat and I’ll show you how easy it is to copy my success. I am not boasting about my trading prowess, I merely want to show you that if you copy anybody who’s successful, you to will become successful.

If you don;t want to talk face-to-face, we can still just chat over the phone on Skype – wherever you are in the world. I’ll look forward to speaking to you soon.