Newsletter Subject

Don’t Let THIS Kill Your Portfolio

From

fxtradersedge.com

Email Address

jody@fxtradersedge.com

Sent On

Fri, Oct 6, 2023 07:36 PM

Email Preheader Text

Dear Friend, Here's a pop quiz for you: Imagine you are a trader, following a particular system in y

Dear Friend, Here's a pop quiz for you: Imagine you are a trader, following a particular system in your trading. This likely describes you and what you're doing, so it probably won't take much imagination. One fine day while you are trading, you notice that your system isn't producing the results you desire. What do you do? (A) Keep trading, and tweak the system here and there while you trade. (B) Fix the system. Analyze it, adjust it, and even redesign it if necessary. Test the changes in your Demo account. We will discuss the answer later in this e-mail. For now, let's look at why you need a "system" for trading... We are all human beings, and our actions are largely governed by our emotions -- no matter if we admit it or not. But emotions are a deadly "enemy" for traders. Your actions based on emotional noises (a better name for this is "gut feelings") are actions that are NOT proven to produce results. They are NOT optimized for success, and NOT well-planned to limit your risks. Therefore, you need to guard yourself from making trading decisions based on emotions -- or what you may call your "gut feelings". How? By having a system and trading plan. A system helps you because it provides a consistent methodology with a win/loss ratio of more than 50% -- in other words, higher winning chances. AND a trading plan reduces the influences of your emotions. Your aim is to apply your trading plan in a disciplined manner, consistently, without variation, in spite of your emotional noises. A trader must feel confident with his/her system and trading plan. At the same time, he/she must be open-minded enough to fine-tune it as new insights and techniques are gained over time. Do you know how to fine tune your system and plan? If you'd like to: - Define your trading plan - Set trading strategy rules, and - Create a performance estimate for your projected trading net revenue so you can simply focus on bringing in an income... [Then The Wealth Builder’s Roadmap is here for you, grab all the details.](=) You'd better hurry. We kick off the program next week and space is filling up fast. After this weekend, you won't be able to get in. To your trading success, Jody Samuels Founder, FX Trader’s EDGE & Wavy Tunnel PRO P.S.: I did not forget to discuss the answer for the quiz. Whenever you make changes to your system, it's always good to test and prove it, before you put it into play (with your hard-earned cash!) Also, it's easy to be overwhelmed by emotions if you have to alter your system while monitoring your charts. I am sure you can see why. P.P.S.: By now you’ve probably heard the buzz about my upcoming coaching program called The Wealth Builder’s Roadmap... Because I'm launching this program at a phenomenal discount. Where I normally charges 10k for one-on-one coaching, you can get my personalized attention in a small, intimate group setting for a deep discount when you use coupon code: 200OFF. [Get all the details here.](=) Trading is risky and only risk capital should be used. [Unsubscribe]( FX Trader's EDGE 3093 Bathurst Street Suite #580 Toronto, Ontario M6A 0A2 Canada (416) 806-5321

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