Newsletter Subject

Pro Trader TIP (for Prop Traders and those considering it)

From

thedisciplinedtrader.com

Email Address

nhallett@thedisciplinedtrader.com

Sent On

Wed, Sep 18, 2024 02:59 PM

Email Preheader Text

Friend, Through coaching so many traders to get on track for long-term income with Prop Trading, the

Friend, Through coaching so many traders to get on track for long-term income with Prop Trading, there is one HUGE tip that I'd like to share with you. Since successful Prop Trading is all about controlling risk, what I'm about to suggest to you is an essential key. When you take a trade, you (hopefully) put in your protective stop, reflecting the maximum amount of money you are prepared to lose if the trade doesn't work out... ...many retail traders make the mistake of stamping in their mind that either they will make money on the trade or take the prescribed risk. They don't consider the middle ground...taking a partial loss. From a mental and emotional standpoint, taking a loss is something new traders (and endlessly struggling traders) don't want to do. It doesn't feel good and there's always hope. :) Professional traders will see that a trade is moving far from its trigger. That's important because they know that the more time spent on a trade, the less the trigger has an impact, as the chart keeps developing. So, professional traders will re-assess the chart environment and look for a new place to conclude the trade and NOT just wait for the market to turn in their favor or hit the original stop-loss. They look to take a partial loss and move on to a trade where the trigger will result in a move in the right direction in a reasonable period of time. By doing this, they keep their trades in high probability, keep their distance from the 'red line', and not waste time wishing for a turnaround in a trade that's not working out. They want to get to the next opportunity. If you're a Prop Trader or you're considering it, know that the stringent rules that are in place for prop trading are consistent with the rules that professional traders adhere to. In my short course, "How to Build a Substantial Long-Term Income with Prop Trading", I spell out tips that will help you to succeed. Normally, this course requires a $497 investment. But the 4th Quarter is approaching and I'd like to help you to get on the right track by year's end. So, I'm cutting the investment in your success by 60%... just $197. Use the COUPON CODE: FLASHSALE To take advantage and purchase "How to Build a Substantial Long-Term Income with Prop Trading"... [tap here](). This Flash Sale is just for today. Please do take advantage. And, as always… Stay Disciplined! Norman Hallett, CEO / Tisha Hallett, Creative Director The Disciplined Trader [Unsubscribe]( Subconscious Training Corporation 6606 NW 66th Ave Parkland, Florida 33067 United States (954) 242-2719

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