The 3Dimensional Trading Breakthrough

The 3 Dimensional Trading Breakthrough
Section ONE – The Challenges of Trading
“It is better to be boldly decisive and risk being wrong,
than to agonize at length and be right too late.”
- Marilyn Moats Kennedy
Enabling objective: Upon completion of this section, you will be confident in your
ability to independently evaluate price structure versus fundamental data when
deciding on a position.
Trading commodities is both an intellectual and emotional challenge. It is entirely
possible for someone to study and understand virtually every technical and
fundamental tool, yet “freeze up” when it comes time to place an order. They
can’t “pull the trigger” to either get themselves out of a losing trade or protect
their profits in a winning position.
“You can’t hit a home run unless you step up to the plate.
You can’t catch a fish unless you put your line in the water.
You can’t reach your goals if you don’t try.”
- Kathy Seligman
Professional Traders vs. “Non-Professional” Traders
Have you ever wondered what it is the professional traders do all year round to
consistently make money? I mean, there are people out there that literally sit in
their offices and/or homes and make a living with the money they bring home
from the markets. These same individuals take cash out of the market year in and
year out. They never have a “bad year” and nothing seems to break them! Do
you think they have inside information? No. Somebody has to be making money
in the markets. Yes. “What are these people doing that I’m not doing or should be
doing,” you may be asking?
The professional traders who consistently take profit from the markets, confidently
and unfailingly, know exactly how to control their risk at any given time, on any
given day. I will say again,
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