With over 750 participants (and counting) taking part in our recent survey, the results have been fascinating. I was so thrilled with the feedback I invited Stuart over to my recording studio to get him to comment on your responses.
Originally we chatted for over an hour but I’ve edited the best bits down under 20 minutes. You can watch the footage below:
So I ask you now, what’s holding your trading back? Post your comments below.
Your Trading Coach,
David Jenyns
Ps. If you want to find out more about Stuart’s work be sure to grab a copy of Trading In A Nutshell - Click here.
Dan Peterson says:
I love your videos… keep up the great work!
Hmmm… what’s holding me back? Where do I start?
I don’t have a system I can trust in.
That undermines my discipline.
That causes me to second guess myself.
That leads me to follow the latest fad.
Sidenote: my current fad is using trading robots on the forex.
I feel like I can see where I’m getting stuck. I’m just not sure how I can move forward. If you guys can provide any insight I’d be much appreciated.
Thanks
Dan
April 9, 2009 at 6:20 am
David Jenyns says:
Thanks Dan for your honesty and well done spotting where you’re going wrong - that’s more than 50% of the battle!
Firstly, let me just say, you’re not alone… I have seen this same stumbling block for hundreds of traders! Fortunately for you, I have seen many traders break through this road block.
In my opinion, the crux of the problem is that you don’t have a system you trust. Here’s the steps I would take if I was in your position.
1. Focus your energy into one market and one trading system
2. Test, test and test some more.
3. Become the very best you can be at that one method.
Once you have proven the system works, trade it in real time with only a portion of your trading float. Review your performance increasing your trading float once you are confident in the systems results.
Remember, stick with the one market, and one system until you have proven it works! (this is very very important).
Hope that gets you started on the right track.
We’ll go into these issues in much greater detail once we launch the Online Trading Mastermind (OTM).
Your Trading Coach,
David Jenyns
April 13, 2009 at 5:45 pm
Colleen Neville says:
Just a quick but sincere thank you for this information. Keep up the good work, your stuff is inspirational.
Cheers
Colleen Neville
April 14, 2009 at 7:49 am
Joe says:
David,
Which on-line broker, if any allow traders to trade stocks that are not listed on the exchanges, OTC penny stocks etc. Most brokers charge very high fees or require you to have them assist with the trades.
Thanks,
April 26, 2009 at 7:39 pm