| People often ask me what the simplest way to | | | | advise and support him or her on their journey. This |
| become a profitable traders is. I think deep down | | | | is because experience is such a great teacher, and |
| everyone already knows the answer before they | | | | leveraging off other peoples experience can enable |
| even ask the question, yet they ask anyway | | | | you to gain a stronger level of confidence and |
| perhaps hoping for a different answer. | | | | experience far more quickly than if you were doing |
| The truth is, becoming a profitable trader is not | | | | so alone. |
| simple at all, it takes time, money, hard work and | | | | The expression that "nobody needs a friend when |
| commitment, which many people are simply not | | | | they are making money" is so true in markets. It |
| willing to give up in exchange for the valuable skills of | | | | may be true when things are going well; however, |
| a profitable trader. | | | | when things go wrong you definitely need to have |
| Those who are willing to take the time to learn and | | | | the ability to talk to someone who can assist you in |
| nurture these skills are usually rewarded handsomely | | | | getting back on track. Having a coach or a mentoring |
| for it, through both their own trading results, and | | | | program is definitely a way of fast tracking years of |
| lending their experience to less knowledgable | | | | study, and getting you to a higher level of success |
| investors. | | | | and therefore profitability in markets. Have mentor or |
| So, what is the simplest way to become a profitable | | | | a coach who has done and does what you are |
| options trader? Simple... Team up with somebody | | | | looking to do, not someone who has simply read a |
| who already has the skills you desire, let them help | | | | book about it is paramount. |
| you along the way, and over time you will start to | | | | Having real life experience in markets is crucial, and is |
| develop your own trading skills and abilities. Nobody | | | | one of the most undervalued commodities out there |
| can become an overnight success trading any | | | | when it comes to starting your own particular trading |
| market, but almost anyone can learn to become a | | | | activities. As such, I would strongly recommend |
| profitable trader if they have the commitment to do | | | | sourcing a mentor or a coach who plays at the level |
| so. | | | | you wish to play at and most importantly, listening to |
| In my experience almost anyone who is successful | | | | them! |
| has got there through having a coach or mentor to | | | | |