The Real Reasons Traders Lose Money by Futexlive

REASONS TRADERS

CONTENTS
Introduction
No Direct Market Access
Emotional and Psychological support
A Sensible risk management approach
Lack of professional Mentoring and Training
Passion, Commitment and Work Ethic
Our Courses
Information
1
2
3
4
5
6
7
9

INTRODUCTION
If trading was easy, everyone would be doing it. Every dentist, lawyer and golf
pro would be multimillionaires, being able to accurately predict the next big
moves in the markets. This of course is not the case and a high percentage of
traders fail to ever make consistent profits. It requires years of training, hard
work and dedication to establish a long lasting career and is certainly not a “get
rich quick” scheme as it is often portrayed. Even experienced traders run the risk
of losing money, so when you find someone who has achieved longevity in the
industry, it is worth listening to what they have to say.
With over 20 years of experience in being able to train highly successful traders,
Futexlive is well placed to help you. Our training will help you reach your
potential and give you the best possible start in the financial markets.
During discussions with a number of consistently profitable traders at our
Futexlive offices, below are several factors they believe set them apart from
those they have seen come and go through the industry, unable to fully grasp
what it takes to make a success out of a career in trading. For their privacy we
have hidden their names.

No Direct Market
Access
With access to the Direct Market via the Price Ladder, you are able to trade
alongside professional traders, benefiting from enhanced speeds of order
execution and price updates, in addition to exposure to the complete order book
of any market. This will enable you to gain an edge on other market participants
by interpreting the price action and turning that information into profitable
trading strategies. This is the aim of the Price Ladder Training Course.
XX was a graduate trader at Futexlive and came from a spread betting
background, it was something he did to gain exposure to the markets before
applying to companies to become a professional trader. He had been spread
betting on the Euro FX for a year and was making small profits, but found he was
struggling to really make progress. Upon joining Futexlive, he found that having
the ability to trade the same market via the Price Ladder, he could execute trades
quicker and at better prices due to there being no artificial spread. This made
trading news events considerably easier and therefore more profitable. In
addition to this, he started to get “a feel” for the markets, via the price action he
was witnessing on the price ladder, and was able to execute even more profitable
trades based on this new ability. His profitability improved greatly and he felt he
was finally competing on a level playing field.
Via our online Price Ladder Training FutexLive provides clients with the tool the
professional traders use to make a success of their career.

Emotional and
Psychological Support
We at Futexlive believe this can be the difference between a long and successful
career as a trader and having to go back into a full-time job. Being able to read
the market correctly is one thing, but being able to put on a trade and manage it
correctly is something altogether different. Being able to psychologically deal
with a big loss and come back the next day, not letting it affect how you trade is
the most underestimated skill required to be a success.
On a more personal note, having a group of family and friends who can support
you, and keep you positive when you are struggling in the markets is something
that will help you both immediately and in the long term. Futexlive take this area
of trading incredibly seriously and help guide our new traders in the matter of the
mind.
You can see how it was covered in one of our earlier classes with our Classroom
On Demand course.

A Sensible Risk
Management Approach.
Setting yourself clear boundaries in terms of profits and losses, can be the
difference between doing this as a career and just being a part-timer. The
boundaries not only have to be in place but also set to the correct percentages in
terms of account size and “clip” size of each trade. Miscalculations in either of
these may have you stopping out of a losing trade based on P&L and not
whether you are correct in your analysis. This is where a flexible and
knowledgeable approach to risk management is essential, having the software to
analyse patterns during your trading day and the right people to assess whether
to tell you to call it a day and come back tomorrow.
Something that we see is people trying their hand at trading and end up
spending more than they can afford to lose. Without the proper training and
professional support those investments are likely to be unsuccessful.
Risk management is an important part of our Trading Floor Training course
which can be taken either In House or remotely.

Lack of Professional
Mentoring and Training
There is plenty of literature out on the internet that claims to have all the information
you need to know to become a trader, and whilst they may be written by
professionals, they can never offer a complete solution. The reason being because
the markets are in a constant state of evolution and traders need to constantly adapt
to the given environment. For this very reason alone, information that you will find
on the internet can turn stale within a day as markets move to new themes and
change sentiment. Having that first-hand contact with elite, senior and even junior
traders rapidly increases the information flow and thus your learning curve.
Professional mentors and trainers can help guide you on a day-to-day basis and in a
market that is always changing, that is key! That is why Futexlive offers twice daily
livestreams.
A live trading floor can be a very daunting place to work, especially when in control
money. Getting live trade floor experience and access to professional traders at
Futexlive, is something that can really help you avoid panicking and making any
number of mistakes but most of all you can be sure that you will be handed down
the knowledge to compete in this highly competitive business and not make the
mistakes that cause the majority of people to lose money.
Futexlive offers the ability to join our trading floor with a low desk fee.

Passion, Commitment
and Work Ethic
Like any sport or competitive game, trading is a performance pursuit and the sad
truth is that the majority of retail traders fail in this vigorous pursuit. Although
the vast majority have the motivation to become competent, they consistently fail
to find their edge in the market because they do not stay in the game long
enough.
We at Futexlive don’t believe in motivation, we believe in captivation. We don’t
aim for competence, we aim for mastery. The only way one can achieve mastery
and expertise is through a profound passion for the markets and commitment to
your career. There are so many talented traders out there who try trading once or
twice, lose some money and then give up. Every professional trader will tell you
that losing money is part of the business, but you need to have the commitment
and work ethic to keep your process in place no matter the circumstances.
As a professional training company that has been around for over 20 years, we
have seen people fail to adapt to these pitfalls more than any others. We want to,
and believe we can, help people that are passionate about trading become
successful via FutexLive. Our courses cater for everyone’s needs, so if you have
the passion and the interest get in touch with us today!

Our Courses
Here at FutexLive we have a variety of products that have been
painstakingly designed to help develop you as a trader. Please see the
products we have on offer currently:
Virtual/Trading Floor Training – Experience our headline course (lasting 8 weeks)
from our Fleet Street Office or Online. You will learn the fundamental theory to
becoming a professional trader in the first 4 weeks. The second 4 weeks will be you
learning to interact with the market. Available at £2999 for In-House and £1499 for
Remote. Learn More: Trading Floor Training
Office Facilities - We are creating a growing community of traders in the heart of
London. Join our office located on Fleet Street and sit among like-minded traders.
Each trader has their own broker and trading platform but feels the benefit of
trading on a professional trading floor. We have 20 years of experience in the
industry and we are on hand to help progress each member to be the best trader
that they possibly can. Available from £500 per month. Learn More: Office Facilities
Price Ladder Training – Learn all of the fundamental skills required to read and trade
the Price Ladder. With over 30 videos and 20 trading drills you will be able to build
your skills on using the Price Ladder. Available for £499. Learn More: Price Ladder
Training

Our Courses
Classroom On Demand - Experience our classroom service, in your own time and
from wherever you want via a series of recorded videos from one of our In-House
courses. Filmed over 4 weeks, with 55 videos and 535 accompanying slides, learn
the skills required to become a professional trader. Available for £599
Learn More: Classroom On Demand
Market Profile Training - Do you want to learn how to use Market Profile? Then
widely regarded as the pre-eminent expert on Market Profile, watch Daniel
Goldberg’s Classroom sections on this essential trading technique. Available for
£199. Learn More: Market Profile Training
Live Streaming - Experience our live streaming service today. You will hear the
thoughts and views of Daniel Goldberg who has over 20 years experience of
trading. The Live Streaming service will be using a closed group on Facebook
where you have the opportunity to ask questions of not only Daniel Goldberg but
other like-minded traders. Available for £29.99/Month. Learn More: Live Streaming

INFORMATION
We thank you for reading our booklet on The Real Reasons Traders
Lose Money. We hope you have found it useful on your quest to
becoming a successful trader.
For more information please visit our website: www.futexlive.com. Or
if you have any questions left unanswered please contact us at:
Email – info@futexglobal.com
Phone – 0203 876 0259
Twitter/Facebook - @Futexlive
We hope to see you soon!
The FutexLive team