When traders are under the gun financially they make mistakes, they try and rush the learning process and wind up never making it through the learning curve.

Other than a black box trading system where a computer makes the decisions and enters trades, no trading that I know of is 100% mechanical, if I found a way to make mine 100% mechanical I would have done it by now.

I have worked and continue to work on automating it, but I cannot get beyond 68-70% win rate.
While that is still profitable when I execute on my own I can do better.

That having been said, the goal of TheTradingZone, is to make the trades as objective and rules based as they can possibly be.
We know we cannot achieve 100% but we must strive to put concrete If > Then rules around trade entries, exits and management. And this is precisely what we do.

I too have seen far too many so called systems that are really nothing more than trading information.
We give you all the information, how to read charts, determine direction..Etc… and from there we use only 3 setups.

Only 3 because it takes focus and concentration to trade and limiting our setups to 3 makes it easier to follow.

We use these 3 particular setups because they deliver a higher % win rate for quick profits and they are setups that allow for tight stops.

I am confident that I can impart my knowledge about trading and the markets as I have with many others.
I am confident that the methodology works, not just for me but for many others who have learned it and continue to use it.

But… the truth about trading ( and I am always brutally honest about this. I would rather turn away a potential student than have an unhappy one) is that not everyone is cut out to be a trader.

This is true about every profession in the world. Not everyone is cut out to be a Doctor, a Lawyer, entrepreneur, etc…. so why should trading be any different.

Trading is not different. The obstacles however that prevents a trader from succeeding are very different from those that prevent others to succeed in other professions.

What I mean by that is, trading unlike many other professions that offer similar financial rewards does not require any advanced skills. The education is the simple part. I have taught my 10 year old son to recognize all the setups we use.

The reasons why traders fail are:

1. They were never properly educated to begin with. They attempted to trade by gut feel and never made it past blowing their 1st account
2. They were taught some “system” that really was nothing more than a bunch of charts or ideas poorly thrown together
3. But the biggest reason for failure is 100% psychological. We are hard wired to believe that we are GOOD if we make money and we are BAD if we lose money.

But trading unlike other professions requires that we take losing trades, it’s simply part of it.
Traders beat themselves up after a loss, because they cannot face the fact that they lost real hard earned cash.
I hear traders tell me all the time that they understand that there is no such thing as a 100% system, but even when given a 75% system they continue to beat themselves up over a losing trade. It’s statistics, plain and simple some trades will fail

OK here is the #1 thing about TheTradingZone method that differentiates us from all the others.

All our patterns, all our entries, all our stops placements, all our trade management, all our money management, is designed to give the trader a psychological edge.
Notice I said psychological and not financial.

I am asked over and over again, I cannot even tell you how often, but I can tell you as recently as yesterday.
“Greg if you held all you contracts for X points wouldn’t you make more money?”
YES I would. On paper, or in a spreadsheet but not in real life.

But the truth about trading is that once you take a stop you ARE emotionally affected, 2nd stops multiply the emotional effect x4, 3rd stop ….

When the big trade shows up every small trader does the same thing. Gets back to even on the day and bails out.
That is not trading, that is making your broker rich!

You have successfully put yourself in a financial, emotional and psychological disadvantage and could not participate in the big trade

Everything we do is designed to do just the opposite.
Wait for better trades, take partial profits, and use tighter stops…

Now, when the big trade shows up you are emotionally and financially prepared to participate. The result is that our member hold winners for 10- 15 even 20 points where they never could before.

Put another way, every traders wants to make $1,000 a day. If I delivered to you a system that had a daily drawdown of -$2,000 and a win loss rate of 45% wins, NO small traders that I know could ever make that work.

But if I deliver to you a system that earns only $750 / day, with a $200 drawdown and a 78% win rate…….

So the bottom line is that the psychological cannot be completely removed from that statistical.

If a system cannot be followed for whatever reason, (and as I’ve explained, most of the time the reason is negative psychological impact of losses) then the stats are irrelevant.

I hope this was informative

Greg W