Becoming a Better Trader by Nick Radge

May 27, 2016 / By Nick Radge / Trading Psychology

Do you want to be a better trader? If you’re ready to take charge of your portfolio like a professional fund manager, we can show you how. You can follow short or longer term trading strategies, do courses and learn more about trading profitably.

From Nick Radge:

Hi, it’s Friday. I thought I’d show you Weyba Creek, a great spot for a fishing. Trish and I will spend some time down here this weekend.

Now, I’ve seen people working their hearts out trading, and just not getting the results they want. It’s not through lack of commitment. It’s through following the wrong strategy and not having the right support. You know the feeling? For example, Tim the Trader came to me after buying an expensive options trading course. His trading account had gone from $18,000 to $43,000 in just three weeks. Now for some of you, that’s a pretty good result. But to me, it’s actually a red flag. Unfortunately for Tim, his $43,000 went back to 14,000 in less than a week.

Massive Gains can be as Destructive as Massive Losses

He was devastated and psychologically damaged, and guess what? He’s not traded since. He missed one important element, which wasn’t mentioned in these options course, yet it took me less than 10 minutes to work it out. Now I spent years finding out what works, and what doesn’t, and then producing strategies and training products to help you save time, and get results faster than doing it alone.

And you know what? It’s not just about making more money. It’s about becoming confident, and developing, and growing as a person. Because when you improve in a particular activity, be it sport, business, or trading, it’s about developing as a person, learning skills, and gaining the knowledge that you need to take your game to a whole new level. Don’t be like Trader Tim.

Now, interest rates are on their way down (and still down as we update this article heading into 2020), and low interest rates are like an adrenaline shot in the arm on the stock market. If you want to step up and make 2016 (or 2020!) the year you become a better trader, join us at The Chartist. The Chartist is where traders and investors go to improve their trading. I hope you have a great weekend.