Suddenly I Suck at Trading!

Have you ever said this to yourself?

The market has been a total chop fest since Labor Day. The earlier you recognize underlying changes in the market, the better off you’ll be. Remember, the definition of insanity is doing the same thing over and over and expecting a different result.

When a trade setup stops paying you, stop trading it. I’m pretty sure the market is in a holding pattern until the FOMC decision next week. Times like this are tough, not only for longs, but for shorts as well. A choppy market will frustrate all participants. So what should you do?

First, stop trading or at the very least, TRADE LESS! Cut your position size down if you must trade. Most importantly, recognize that your account balance looks better right now then if you take a bunch of losses trying to trade this chop. A week from now you might be praying that you could go back in time and have your account balance be what it is right now.

I’ve been running this website since 2004. I’m in front of these screens every single day. I watch traders of all levels in my chat room. The most common mistake I see in struggling traders is over trading. New traders always want to be in a trade. I prefer cash to being in a losing trade. If the market is not offering A+ setups, hold onto your cash until it does.

You can’t get out of a hole by digging deeper. Use periods like this to educate yourself. This is a great time to read some good trading books. Pick a good traders brain. Take a trading course. Even the best traders in the world are still learning every single day. Do yourself a favor and step away from your trading platform during times like these and STUDY STUDY STUDY!


Enter email and receive my favorite trade setup video

By submitting this form, you are granting:, P.O. Box 1385 , Mt. Dora, Florida, 32756-1385, United States, permission to email you. You may unsubscribe via the link found at the bottom of every email. (See our Email Terms of use for details.) Emails are serviced by Constant Contact.


What Our Members Say

Will our live trading chat room fit your trading style? See what our members have to say.
You can join our trading room right here. Unlike many chat rooms, we give you our trade ideas BEFORE we buy them!

Course Feedback
MemberGreat Stock Pix LLC
No question from me today, but a compliment instead... there are more than enough good calls made everyday in the room. Joining was the best trading choice I've made to date.Thanks!!
MemberGreat Stock Pix LLC
Hello, just wanted to send you a quick email and let you know how much I have not only enjoyed but also have learned in the few short weeks I have been on you site. I generally trade 1-2 days a week because my real job gets in the way, but i have been able to log 9 days now in your room. Of those days i've only had 1 red day & that was due to a risky trade i made on my own. Ive traded for years, always a bit nervous going into a position, but watching your ...
MemberGreat Stock Pix LLC
Mike,I won't keep sending emails, but want you to know that I just had my first multiple four figure day and it is completely due to being in the chat room. The strategies you teach in the videos have really helped me........ After trading alone for two years, your room is like a breath of fresh air.Thanks!!
MemberGreat Stock Pix LLC
Love your service...I tell everyone I know about you guys!
MemberGreat Stock Pix LLC
Mike, I have learned more in last few months than I have in any book and I'm ashamed I let these guys lose my money for years. Another $1300 day....Thanks!
MemberGreat Stock Pix LLC
This is the first time IN MY LIFE my account is up over 10% IN ONE DAY and its all cause you taught me to buy weakness and sell strength. Thanks so very much!

Our Services

Real-time Chat With Live Voice

Entry and Stop Price Alerts


Profit Taking Strategies



Money Management Strategies

Emphasis on Low Risk Entries


Live Chart Reading Lessons



Get In Touch