20 Days that will Reveal where you need to [do the work]
It sounds new age but there is a great deal of quantifiable data proving meditation can change behavior. It's only 5 minutes.
You will be required to log each and every trade. However, not for profit but to see how well you stuck to the rules.
This will be one of the hardest parts of the Challenge but required. Don't worry, we will not be able to read it unless you want the rest of us to.
This is your forum to tell your tales of woe and listen to other tales. We all know misery loves company.
I have been trading for over 20 years and have survived two market meltdowns, 1999/2000 dot com bubble burst and the 2008 financial crisis.
One of the turning points in my trading career was reading Mark Douglas' Book Trading in the Zone, on which this challenge has been fashioned.
Access to the trades signaled by one of QiT's Best algorithms.
Trade with an algorithm [not Emotions]
You will get an [Accountability] Spreadsheet that you'll have to update each day.
Access to [TraderJanie] for any questions at all.
Live Facebook Webinar [Each Friday]
If you could choose one of the following two traders to manage your money, which one would you pick?
The first trader uses a simple, possibly even mediocre trading technique, but possesses a mind-set that is not susceptible to:
*subconsciously distorting market information,
*jumping the gun.
The second trader is a phenomenal analyst, but is still operating out of the typical fears that make him susceptible to all of the psychological maladies that the other trader is free of.
[The right choice should be obvious.]
The first trader is going to achieve far better results with your money.
(This is quote directly from "Trading in the Zone.")
What you'll need to complete the Challenge....
You need an online brokerage account because we trade with real money.
Why? Well, Paper Trading does not illicit the emotions the same way real money does. Nor does a simulator.
You need to trade with a real brokerage account and real money. You're dealing with real emotions so you need to emulate real life.
You will need a rudimentary understanding of trading terms.
We enter all trades with a limit order and you will need to know how to do that. We talk about entry and exit and filled and not filled.
We will be using Excel to monitor our Accountability so it's probably a good idea you know a little about Excel.
If not, we can probably make arrangements.
Access to all 6 of Quantitrader's Portfolios for a full month
Sign up in and you'll get access to all the portfolios QiT offers for 30-days.
You can test drive our algos.