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by DeWayne Reeves
“By failing to plan, you are planning to fail.” Benjamin Franklin
The Trading Plan
Over the weekend we released the PDF Companion for Partner Workshop #87. Based on emails and other feedback I’ve received, #87 opened a lot of eyes and minds as well. We have over 200 hours of Emini Training Videos in our video vault. These videos deal with every indicator we’ve coded, every setup we’ve created and the ultra simple rationale behind our trading methodology. Where #87 differs I think and the reason it has drawn so much attention, is we are now knee deep in not just “learning how to trade”, we’ve moved into teaching you “How To Run A Successful Emini Trading Business”.
You can own every indicator and trading system in the world, but that will never make you a successful trader. Having a solid plan and learning to follow the plan without deviation through good times and bad however, will.
Trading Emini Futures is a business and all successful businesses have a plan.
The only way to be truly confident the odds are on your side, is by personal validation. You my friend, have to walk the walk. Not only should your “edge” be vetted by historical charts, it must be traded in the simulator for a minimum of 2 weeks.
Right here with my last statement, many traders will write their own epitaph.
(note to the anxious trader: Put a little check mark right here in the margin. When you’re done, if you have any money left, or even any desire to still become a trader, pick up right where you left off. No hard feelings.)
BTW – The chances of your first setup vetting, is not a high probability setup. Do not become discouraged. This actually means you are on the right track. You are blowing all the smoke out of your own chimney. The odds are, you’ll stumble across quite a few things that really look good, but after a week of actual trading, reality sets in. That’s OK. You’re earning your stripes. There is no other approach that will instill the proper discipline you need to succeed and build a successful Emini Trading Business.
WARNING: The next part will not be music to your ears. Trust me, you don’t want to hear this. You want to hear the exact opposite of what I’m about to tell you. 90% of traders will choose to believe what they want to believe, because it feels good and tickles the ear. However, to the 10% who will ultimately succeed in this busness of trading, I am sharing with you a GREAT TRUTH.
If you can accept this principle, your chance for success will be off the charts. If you are unable to buy what I’m trying to sell, hang up your mouse and go home now. Save yourself a lot of pain and shame.
Individual Trades Are Not Predictable. Individual trades are totally unpredictable.
CFRN – Emini Mastermind Course (C)
If those last 2 statements are true (and I assure you they are), how can anyone build a successful Emini Trading Business? That’s a great question and a great place to start is by becoming a member of our community. CFRN Partners have unfettered access to all Layouts, Charts, Indicators, Weekly Workshops and over 200 hours of training videos. You also have unlimited access to the entire CFRN Staff via Telephone, Email and Private Chat. Need private one on one tutoring? Done!
To get started you must take the 5 Day Free Trial. Many trading courses are over in 5 days, but at CFRN we take your education seriously. Not only do we want you to fully evaluate what we offer, we want a chance to evaluate you as well. We are all unique and not everyone possess the characteristics and traits required to run a successful Emini Trading Business.
As much as we want everyone to become a part of the CFRN Community, if at the end of your 5 Day Free Trial we don’t think becoming a Partner is in your best interest, we’ll be honest and tell you. If it’s something that can be changed, learned, or worked on, we’ll point you in the right direction and invite you to apply again in 6 months.
In the meantime, we want you to continue to hang out with us each and every day on the radio for Live Charts – Live Markets – and Lively Commentary.
As opportunities unfold we will keep you posted.
