May. 17 at 2:41 PM
$AAPL $MSFT $NVDA $AMZN $NFLX
WHAT MOST RETAIL TRADERS NEVER LEARN
Like so many others, I spent years spinning my wheels trying to figure out how to make BIG money as a stock operator.
I am not adverse to doing hard work so I tried a LOT of different things in an attempt to build my trading account into something significant.
Sadly, for years I made very little progress in this metric and I felt exhausted and discouraged.
Thankfully, I didn't spot working at it.
I began to intensely study the top traders to understand why I wasn't succeeding in my financial goals as a swing trader.
It was from my study of elite traders that I realized I was trying to solve the wrong problem.
You see, I spent all of my time trying to learn everything I could about the technical side of stock speculation.
I studied charts, pattern recognition, indicators, company fundamentals, news releases, etc.
I even took courses where I paid
$500/month to learn from stock market "gurus."
Still, nothing was helping me reach my goal of significantly building my trading account.
Don't get me wrong, becoming an expert in the technical side of the business is indispensible to a stock operator's success.
Without it, you aren't going to succeed in this vocation.
However, what I began to realize was that you can have a strong technical mastery and still never make big money as a stock operator.
That's right, you can know everything there is to know about chart patterns, indicators, pivot points, etc. and still blow up your account.
What I came to learn that the problem I needed to solve was not technical. The problem I needed to solve was ME.
I came to learn that until I learned to master my emotions and execute a strategy that was proven to be successful, I wasn't ever going to become elite.
When I shifted my focus to solving the real problem everything changed.
As many of you know, I have a subscription room where we teach traders how to become elite.
Obviously, I am not going to cover everything here in detail that we teach but I wanted you all to understand the framework needed for success.
It doesn't have to be with me or my group but I am sharing this framework with you here so that you understand HOW to solve the problem that has been unsolvable to you until now.
Our framework involves the TWO areas I mentioned - BOTH technical mastery and emotional mastery.
We spend an enormous number of hours doing research to identify market opportunities in various sectors and the leading stocks within those sectors.
If you cannot identify the right sectors to participate in, you will have a hard time making big money regardless of what stocks you buy.
What we are looking for specifically are STRUCTURAL TRENDS in sectors where we can participate and make huge money off these prolonged moves.
IN ADDITION, we teach the emotional mastery needed to hold stocks through the greater part of these structural moves.
That is the place where almost all retail traders fail to make the big money.
They are too busy trying to be active that they are never able to take advantage of the big moves that can make them fortunes.
Instead, they only make small amounts when these stocks move and then try to move on to the trying to find the next trade about to happen.
A perfect recent example of this is the stock VICR.
Our group alerted traders to this stock when it was in the
$60 range and a LOT of people bought at that time (including some people on this forum).
However, many sold the stock when it made it's initial move to the mid-
$80 range.
When those people were selling, I was adding.
Then, when the stock moved to the
$120 range, more people sold.
They told themselves things like "You never go broke taking a profit."
I will admit, that saying is cute and it sounds logical.
However, in my personal experience those type of sayings have cost many traders the opportunity to make fortunes.
Basically, while everyone was selling on the way up, I learned to manage my emotions and stay with the structural trend despite the inevitable pullbacks that will happen along the way.
You see, stocks don't go up in a straight line.
Even proven stocks that within a structural trend will go through drawdowns.
There are many reasons for this including traders taking profits, momentum players jumping out when the momentum slows, institutions shaking out weak hands, and opportunisitic short sellers trying to short a stock after completing a big run.
When there are drawdowns, most retail traders get scared, act out of emotion and sell the stock for fear of losing their gains.
Meanwhile, elite traders are looking to determine if the structural trend is still in tact and hold, or even ADD to, their existing positon.
In fact, regarding VICR, I have added 7 different times in the midst of the stock's ascent to where it currently is at
$273 (and I don't believe the structural trend is over).
While the vast majority of retail traders made a little here or there during this move, I was able to make what would be life-changing money for most people.
At the end of the day, this is how elite traders make BIG money.
They spend hours and hours researching to identify structural trends and then they have the emotional discipline to hold through the entirety of the move to make massive money.
Most retail traders NEVER learn how to do this.
First, they never learn the real problem holding them back from making big money...remember, the real problem is YOU.
Then, even if they learn this, very few of the ones that do are willing to do the hard work day in and day out to develop the TWO types of mastery that will make them life-altering money.
Instead, they spend time on things like chatting on message boards and fighting with people who have opinions different to their own.
Again, at the end of the day it doesn't have to be with me or my group where we work on these things every day.
However, I highly recommend you find somewhere where you are spending the entirety of your day building the skills that are going to make you the real money.
You need to recognize that the reason you aren't making the big money has nothing to do with market manipulation, a volatile stock market, the Fed or anything else.
If you are not making huge money as a stock operator the problem is YOU.
Once you figure this out and start solving the real problem then you are ready to do the work that will make you elite.
Best,
DC77
