A Great Guide On Stock Market Trading Systems

In this post, I want to talk about something that I think is really important to all traders and that is, looking at all the different stock market trading systems and choosing the right one for you.

The reason why I think its important is because, I see a lot of people trying to make it in becoming a full time trader but the market or system is just not for them.

Choosing The Right Stock Market Trading Systems

Now, lets have a look at some examples of a trader trying to make it full time but choosing the wrong market or systems.

The first one I want to look at is,  choosing the wrong stock market trading systems:

Let’s say Bob ( Made up name for this example) owns a business that needs his time and energy during the day and Bob starts in the morning and you finish at say 5pm. Bob is sick and tied of trying to work really hard to get ahead and he wants to start investing. So he starts searching on line and he see’s a add that says ” Make $1000 a day in the stock market”.  Bob then goes on to have a look at the products and thinks, WOW- If i do this I, would be making more money trading one day than I have been making in a whole week working 60 hour to run my business.

Then bob buys the system and then he starts to trade.

To this story short, Bob finds him self trying to trade this system which consist off him being in front on the computer for most of the day to trade and at the same time bob is trying to keep the business going and at the end of say 1-2 months time.. bob finds him self losing money with the system and finds the business going down the hill.

Now, what went wrong there?

Was is that bob just sucked at trading?

I would say no.

If you look at the story in more detail , you will see when Bob was looking at all the stock market trading systems,  he just picked the wrong one for he’s current circumstances because bob was trying to work a full time business and at the same time trying this new thing called trading, which does take time and energy to get it to work for you. Bob was focusing on trying to trade and run his business at the same time and therfore, I belive he can become a good trader but he need to be able to trade a system that allows him to focus on that and only that at that time.

So When Look At All Stock Market Trading Systems- Find The Right One That You Can Give 100% Of Your Focus.

Onto the second one, choosing the wrong market.

I will use Bobs story again and this time we see bob trying to the E-mini Trading. Now, bob is an Aussie and the E-minis are trading at night when Bobs should be sleeping.  Bob now finds him self sleeping in for appointments for the business because he was staying up all night trying to trade.

I think you get the point here.

So, when your about to trade think about it, when you’re look at all the 100′s of Stock market trading systems that are out there and many of different markets to trade–think what is the best one that i can do right now and then latter on when you “CAN” move onto the other systems and markets if you want.

Last note: Think what can I consistently do when it comes to trade a system a a market , DON’T THINK- I can make $1000 a night trading this so I’m going over here.

Please think about what I’m saying here because I personal have lost thousands of dollars because fo buying the wrong system and trading the wrong market and thinking its going to bring me riches, but at the end of day it just brought pain.

It was not until I spent all the that money that I learnt that I need to be able to trade a market and system that suits me and then move on from there.

I personally like trade systems that allows me to spend maybe a couple of hour looking for a trade when I want to look for a trade and then look at the market for 5 minutes each day to keep an eye on my trade and then go back to what I was doing during the day and this is what I’m teaching all my traders to do now. Its much less stress full, less time consuming, and if you trade the way I teach and trade MUCH more high probability.

Talk soon.

John Howell.

P.S Leave a comment below and tell me what you thought about the blog post on ” Choosing the right stock market trading systems“.

Tags: stock market trading systems, trading, trading systems

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