Today we have to be a little bit more quiet -
because we are here in the United club at the Phoenix airport.
But I want to talk to you and tell you why -
Most "Traders Lose Money"
So let's get started.
Alright!
So yes, a little bit more quiet - because we're here at the United Club at the Phoenix airport.
I'm heading home.
We had a fantastic time here during our bootcamp - that we did in Phoenix.
And now it's time for me to go home.
So today's coffee is sponsor proudly by United.
Anyhow -
Alright so you see when I thought about doing coffee with Markus for today I thought -
it's a bit tricky because I have to board at an exact time -
and I won't be able to do it.
You know being consistent is so important.
And yes I know, right now we're doing the coffee with Marcus 15 minutes earlier than announced.
Because in a few minutes, I have to leave the club here and I have to go board.
But it's so important that when you start something you follow through.
And you see it's especially true when you're trading.
You need to understand that every single trading system -
has times when it is outperforming the markets.
Then there are times when the system is just going sideways not doing anything.
And then there are also some times when you have a small dip.
So your account will not go up in a straight line.
It's just not going to happen.
Like with every stocks, here's the problem.
If you don't stay at it consistently -
you miss the times when the system is making money.
Let me give you an example.
Right now, our Binary Options trading system is on fire.
I think this month thus far, we had 25 trades, 26 trades maybe -
and only three losing trades. The rest are winning trades.
So if you would have traded this particular trading strategy in January -
right now you would already be up more than 50%.
I think we're at -
55%!
Only for January!
We're talking about three weeks right now into January.
However, this same trading strategy performed horribly, not horribly, but I mean it didn't -
do anything during October and November.
If you had trade Binary Options in October, November your column might have been a little bit down -
a little bit up, mainly just flat.
But you see, if at that point you said - oh my gosh I want a stock trading system.
I'll do something else.
You would miss this fantastic boost that we have right now.
And this is why most traders lose money.
They start trading a system and then the system is not doing anything.
And instead of being consistent and staying at it, they come to the next system.
And what happens, as soon as you jump to the next system - that one stops performing,
Now right now if you say, oh my gosh up 55% in only three weeks I should jump on this system.
It absolutely could happen that right now -
this upswing is over, and we're just going sideways.
Who knows?!
You'll never know.
But this is why it is so important to have the consistency.
Now I have to cut this Coffee with Markus a little bit short.
Because right now, I have other people around me - here at the club - who want to work,
and are looking at me and saying:
Who is this guy talking to?
They don't know that I'm talking to you.
But again, it is so important to be consistent.
So stay consistent in your trading.
And if right now your trading strategy is not producing the results that you're hoping for.
I would advise you just stick with it.
Because most probably, it will outperform the markets here -
very soon -
who knows?
Alright.
Hope this is helpful.
"Like" this video. "Comment" on it .
If you had similar experiences, share with your friends.
And I will talk to you again tomorrow.