Tag: stock market

$200 in 5 Minutes VS. 8 Hours of Work

Posted on by Pro. Trading Coach Kevin Michaels in stock trading

Our economy, to a large degree is driven by our Blue Collar workers. I too worked for a wage decades ago.  The shift for me came when I demanded more for myself and made a firm decision to Stop Making a Living and start Designing My Life.

Once I made a decision to demand more from myself and for myself, stock trading fell into my lap.  Over 10 years later, here I am still trading. It’s Mind Boggling to think that I make $200 on one contract scalping the /NQ in 5 minutes when it would take me 8 HOURS to earn this decades back!  Thousands still work long hours to earn a nominal wage without realizing the opportunities available through trading.

The beauty of this is, trading is available to anyone and everyone, independent of their education, sex, gender or ethnicity. All you need is a driving force to succeed!

To Your Success,

Kevin Michaels, Founder

Winner’s Edge Stock Trading

www.winnersedgestocktrading.com

 

How to Win at Stock Trading

Posted on by Pro. Trading Coach Kevin Michaels in stock trading, stock trading tips

As a Professional Stock Trading Coach and Founder of Winner’s Edge Stock Trading with over 10 Years of trading full time, I can attest to the emotional toll that stocks and options trading has on an individuals mind and emotional well-being.

I have found that if we can train ourselves to operate within a strict framework of rules, we will increase our success exponentially.

Success is not just defined by our wins.  Success is also defined by reducing our loss. We reduce our loss by:

 

  • cutting a trade quickly when we are wrong
  • taking profits without giving a large percentage back to the markets

Operating within a set of firm rules starts with creating a firm plan BEFORE taking the trade and Sticking to it no matter what.  Institutions program their algos to function within certain parameters, however these machines are void of the emotional variable.  We as retail traders are not, underscoring the importance of creating and operating within a strict framework!

To Your Success,

Kevin Michaels, Founder

Winner’s Edge Stock Trading

www.winnersedgestocktrading.com