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July 05, 2011 at 1:18 pm | | Comments 0

The Naked Truth About Your Trading

If I asked you how your trading was last week, or actually even if I let you pick any other week of June, what would you tell me?  Something along the lines of:

“…well, last week wasn’t really a good week to do that because I had (this or that) going on…”

That would be a typical response, and it’s one I’ve been guilty of answering with in the past.  Excuses about your trading only delay the inevitable truth though, so they’re really not worth making.  The fact of the matter is that your performance last week is the naked truth about your trading.

Uncomfortable?  That’s what you’ll have to face if you want to get better.  Your call.

You’re going to have to confront reality, and take a “typical” week and see if the results are anywhere close to what you’re wanting.  If they aren’t, then your trading doesn’t look good naked and needs some help!

Your profitability as a trader is the bare naked truth about how you’re doing.  Get equipped if you need to in order to improve.  Get committed to cutting losses better or planning with greater precision.  Get inspired if that’s what you need to move beyond mediocrity.  But don’t sit there idle and expect your results to magically change.

Trade Like a Bandit!

Jeff White
Producer of The Bandit Broadcast

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