
Pulling the trigger to get started
Jeff, Thank you for this timely post. I have gotten killed this year with wrong directional trades 9betting on the correction that doesn’t come). My biggest problem is two fold: 1) When to cut and run. i.e. take the loss and get out. 2) Fear – afraid to not be in the directional when the big reversal happens. I’m so sure (wrongly) that the market will tank that I keep making trades based on that. Do I get out of all of those losing trades immediately? What do I do to get back on track? I know you cannot give personal advice but can you broadly comment on this and how to get moving forward again? Please help! Thank you
I’m thankful that I decided to finally take the necessary steps to direct my life where I want it to go and to have linked up with your phenomenal website and group of traders. Thanks!
Awesome Jeff! I was thinking the same thing. How Farve alway keeps going for it no matter what,kind of reminds me of Elway also. Now go Chiefs
Im facing the issue with closing position Jeff.
Hello Jeff… am very busy watching all the videos, paper trading and studying. Your style of ‘teaching’ is excellent – easy to understand and implement. My BIGGEST trading problem has been not obeying my stops. I am improving in this area because it’s mandatory !!! I was very excited to find your site, because I was looking for specific instructions on how to trade Vertical Credit Spreads. I really believe I’ve found a home! Keep the Coaching and Profit Alerts coming as often as you see fit. Thank you. Julie Reagan P. S. Am looking forward to receiving the ‘All Star Trading Plan’…Will fax my form at the end of Oct.
Great video. Exactly how I’ve felt for months but could’ve not come up with the right words…..Of course Tony Robbins “nails it”. Thank You Jeff!!!
Makes more sense than the money pundits on TV.
Hey Jeff, This was a great reality check for me, thanks for posting. I hope you’ll follow up on your membership site with a refresher on protective strategies.
When you have a wealth of knowledge scattered in your brian sometimes seeing a clear path means using your time given to give. Thanks for sharing your knowledge!
Thanks for the valuable things you bring to us! Are the optimists crying out that there will be no double dip wrong? It sure looks that way. I believe credit spread trading, done the right way, can be one of those valuable tools Tony was talking about! Maybe one of only a few available to the masses.
Jeff,
Thanks for the video – it certainly does sum up what we’ve been looking at in the membership site.
It’s a great feeling to be able to look ahead with confidence instead of fear, knowing that I’m positioned to do just fine if and when this downturn comes.
Thanks so much for all you do!
Best Regards,
Bill
Jeff,
In case you didn’t see this piece with Kyle Bass, it’s a must see (the second video is outstanding). He saves the best line for last: Q: “are you as negative now as you were in 2008?” A: “I’ll answer that with a question: how many problems have you solved by kicking them down the road?”
Your absolutely right…I too need to slow down for just a few days and think about the mistakes and lost opportunities of the past…not to sulk but to learn from and move forward. Focus on the right choices and capitalize big time!
Make 10% a month on credit spreads. Take time off every day. Have more fun. Spend more time with God.