Faithin Omaha eBook Collection

Download or read book The Lone Wolf Trader Presents written by Patrick R Buchanan and published by Independently Published. This book was released on 2024-08-03 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Patrick Buchanan (AKA 'The Lone Wolf Trader') has returned once again, to help day traders everywhere learn how to FIRE THEIR BOSSES and make a six-figure income on their own terms, using nothing but the power of their own minds. His new book, "Mastering the Mental Game" will help you take control of the biggest obstacle keeping you from day trading success: your OWN emotions. You've probably heard people say, "It's so hard to make money in the stock market!" That's the furthest thing from the truth. It's incredibly easy to make money in the stock market every day. BUT... it's also incredibly easy to LOSE money in the market every day. You know what's NOT incredibly easy? Being consistently profitable. Achieving consistency is the biggest challenge for EVERY trader, whether they're trading a $1,000 account or a $100,000 account. All traders have winning trades and losing trades. You could decide whether to go long or short on the day by flipping a coin, and you'd be right 50% of the time. But being consistently profitable, day after day-that's the thing that separates the professionals from the amateurs. That's what you want, that's the hardest thing to achieve, and it's also the whole point of this book: HELPING YOU ACHIEVE CONSISTENT DAY TRADING PROFITABILITY BY IDENTIFYING AND ELIMINATING DESTRUCTIVE BEHAVIORS. The thing that keeps you from being consistently profitable in your trading isn't the market 'faking you out', or price slippage on your options contracts, or your technical analysis not being correct (although all those things can negatively affect you and do happen)... it's your own destructive behaviors. Most of the time, the root cause of your trading failures isn't an intellectual problem, it's an emotional one. It's not a lack of knowledge, but rather a lack of discipline or emotional development that trips you up. "Mastering the Mental Game" will help you identify some of the most consequential mistakes you can make in your trading, help you determine why you're making those mistakes, and give you some techniques you can use to stop those mistakes from happening time after time. Patrick Buchanan's first book, "Secrets of the Lone Wolf Trader" was a massive success, garnering much critical acclaim for its simplicity, easy to understand trading strategy, and straightforward, real-world, practical advice. That book helped countless aspiring day traders graduate from being complete beginners to successful traders. "Mastering the Mental Game" continues where that book left off. It's designed for people who are already trading, but looking for techniques to navigate the many pitfalls that keep them from achieving consistency on a daily basis. Learn how to overcome fear, greed, and many other destructive emotions & behaviors that wreak havoc on your daily trades. Learn how to MASTER THE MENTAL GAME.