Archive for November, 2007

The Black Hole of Trading

Monday, November 19th, 2007

What you must do before buying any trading system

Now that our markets are going through some serious volatility, there are alarm bells ringing and expert’s opinions are being sought more than ever. But what you’ll also see more of now are the marketing of trading systems that work in both bull and bear markets; or how easy it is to ‘short’ a market.

Because of this I have written a 20 page report called ‘The Black Hole of Trading: what you must do before buying any trading system’. To put it mildly, I am disturbed by the number of traders that struggle, and I know this from being in the trenches with other traders who have committed money to a particular system (support forums etc), questions I get asked, and surveys and polls I have been conducting over the last 18 months.

But what disturbs me even more is that the reason traders struggle seems to elude not only the traders themselves, but also the very people who sell the trading systems. It’s simply just not enough to give someone a set of rules for entering and exiting a market based on a few indicators; if it was we’d all be raking in the bucks!

My 20 page report will explain to you why most struggle regardless of the system they are using; and what you can do about it. This isn’t some psychological emotional mumbo jumbo where I’m saying you must trade without emotions (I think this line has been overused); heck, the reason we get into trading is because of emotions. No…this is real meat that all traders and those seeking to trade must consider and apply first before buying any trading system.

The Black Hole of Trading

After reading my report please leave your comments below; I’d be very interested to hear your thoughts.

Happy Trading

Dean Whittingham
Pentagonal Trading © 2004 - 2007