Show Full Transcript
Adrian here again from Enlightened Stock Trading. Let me ask you this, what does freedom mean to you? What would your life be like? How would you feel if you could be totally free? The reason a lot of people get into trading is to achieve that freedom. Right now I’m cruising around the island of Kauai on a boat, we’re going snorkeling, and we just saw a bunch of dolphins, a bunch of sea turtles, and cruising around like this in the middle of the week without worrying about money, without worrying about getting to work, without worrying about how much annual leave I’ve got, to me, that’s freedom.
I can sort of show you a little bit around where I’m at. The captain’s up there. This is just the most amazing day ever, and this is what freedom is all about for me. What’s interesting is a lot of people get into trading to try and get that freedom, and yet the vast majority of traders are trading in a way that does not allow them to be free. This gave me a great idea for a couple of new stock trading tips to share with you. There’s a couple of things that you need in order to be free. What are they? Well, the first thing is you need a profitable method. You need to be able to make money. The second thing you need is you need the confidence in your system, the confidence to follow it. But the third thing is probably more subtle and most people miss it. The third thing that you need to do is you need to design your trading method to give you the type of freedom, the type of life that you actually want.
Now, if you want to sit in front of the computer all day with your six or nine monitors staring at tick charts moving up and down, making your trading decisions in a really high stress sort of way, that’s great, if that is actually what you want. But for me, that is not what freedom is about and that is not why I got into trading. I got into trading to be absolutely free. Free in terms of my time, free in terms of my location, where I had to be, and free in terms of my mindset. Free of stress, free of worry about what’s going to happen. So when I designed my trading strategies for me, for my own portfolio, for my money, I always designed them with those objectives in mind. A lot of traders sit down and the first question they ask is, “What systems should I use,” or, “What indicator is profitable?”
But that’s a really poor place to start because if you start with that, chances are you’re going to end up with a trading strategy that doesn’t fit the sort of life that you want. When I first designed my trading systems 15 years ago, I designed them with a very specific objective in mind. It wasn’t about freedom, it was about time. I designed my trading systems because I was working really, really hard, really long hours and traveling a lot. My main objective was to design systems that I had the time to follow. That meant 20, 30 minutes a day maximum. That’s all I could do, and I didn’t have the time or the ability to look at my trades during the day. I could basically place my orders at the open and that’s it. That’s why how I designed my trading systems.
Now what’s interesting is that turned out really well for me because when I left the corporate world in 2012. In 2012 I made more money trading 20, 30 minutes a day than I did working 14 hours a day in my day job. So I left the corporate world. But that was the point where I really got freedom in life. At that point I really didn’t see any reason to change the way I was trading because my training was giving me the freedom that I now wanted. 20 to 30 minutes a day, that’s all it was taking. And yet I see all of these traders who are using short term systems, day trading, trading five, ten times a day, monitoring their positions during the day because that’s what their rules require them to do.
So what do I want to do here is challenge you to think more deeply about your trading objectives and design your training strategy or portfolio of trading systems to fit those objectives and give you a life of freedom that you want. Because traders, let’s face it, get into trading for freedom. And yet most don’t consciously design their trading system portfolio that way. That’s exactly what the Trader Success System is all about. Designing a portfolio of trading systems that’s profitable, that gives you the life that you want, that fit your objectives and make sure it fits your personality so that it’s comfortable and easy for you to trade consistently and profitably.
Again, my name’s Adrian Reid, this is in Enlightened Stock Trading, and if you’re not part of the Trader Success System today, then click the link below and make sure that you join up. Because the Trader Success System is designed intentionally to help you build the life of your dreams, build the life that you really want to live. Rather than someone else’s, rather than coping my systems or anyone else’s, it’s designed to help you create the trading life, the trading freedom that you want. So click the link below, join the Trader Success System and I’ll see you on the other side. Bye for now.
Register for your free training video: Systematic Trading: The Perfect Workflow For Busy Independent Traders. Click the button below to register now.