The Bull Hunters Guide

Hello Fellow Bullhunters

This week I am steering away from trading news to tell you about an exciting event. For those of you who are waiting on some trading platform news for trading the US Stock Market I am still revising them and will keep you updated.

If you are not yet familiar with Jamie McIntyre you can order his DVD What I Didnt Learn At School But Wish I Had here. This weekend at the Rendezvous Hotel in Perth there will be an amazing event taking place. 21st Century Academy and Jamie McIntyre are hosting the 4 Day Education For Life Seminar and this will be my second time attending such an event.

I am really excited and in fact I cannot sleep due to the entire buzz associated with attending. The first homestudy graduate that I met when I purchased my own Jamie McIntyre homestudy displayed such excitement himself that I couldn’t wait to receive mine and get through the program. Thanks Warren for that first meeting and for your kind words recently.

A brief rundown of the event. The first day Jamie McIntyre takes us through some very interesting processes which are life changing. It has everything to do with mindset and emotional intelligence. Those of you who are graduates will know what I am talking about. I can’t wait to ….. through the ….. Sorry for those of you who have not yet been through the 21st Century Academy Homestudy. This information is classified.

There are many barriers which hold us back, some more than others, in achieving all the things we want to achieve and by working through these on the first day it sets the rest of the weekend up to take in all the strategies which are presented by some great speakers who have a PhD in results.

You may like to view some videos which Sean took at the Blue Mountains seminar in March to get a taste of what we are to expect. Follow this link and enjoy.

Believe it or not this used to be a 3 day event but Jamie McIntyre wants to give us as much value as he can so he created an extra day. The speakers topics are mainly on Share and Property Strategies of course with something to suit everybody. The room is just buzzing after each speaker with graduates discussing which one they liked and will use.

Sean and I along with hundreds of other graduates will be joining together for this event and I will keep you posted with what we learn over the next four days so keep an eye on this blog.

Graduates attending the seminar are welcome to leave a comment to let us know what you get out of the event.

Angela Recchia
Graduate Support
Universal Wealth Creation © 2004 - 2007

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Your biggest enemy, when trading, is within yourself. Success will only come when you learn to control your emotions.
Edwin Lefevre’s Reminiscences of a stock operative (1923) offers advice that still applies today.

Hello Fellow Bullhunters

A little about the psychology of trading is our topic for today. What happens when you begin to trade is that it becomes an expression of your own personality. You take it on originally thinking it is all black and white when instead, as you become more involved with the process, you start to form a kind of love affair with the market and find your favorite stocks and treat them as your very own. STOP RIGHT THERE…

In fact, when this happens, your emotions start to come out and rule how you trade. Becoming emotionally intelligent is a very important step to take at the very beginning. You see, good trading is not a question of doing, rather, it is a way of being. To learn more about Emotional Intelligence, go here to explore Jamie McIntyres ebook: What I Didn’t Learn At School But Wish I Had.

When you trade with your emotions you enter into a downward spiral so do not put yourself under too much pressure because you will fail. It’s important to learn to risk because without risk there is no reward. The minute you become risk orientated you are in the right frame of mind for trading the market.

Develop your own style of trading in a way that you stay detached from it. It is a good idea to start with small trades i.e. one contract at a time. See where this takes you and always, always record every step of what you are doing. This will tell the story of your trading personality.

A trading register will have your buy and sell price, the date you entered and exited. Also write down if the dog next door was barking at the time you chose to do that trade. Why you decided to take the trade. The profit/loss you made. Where you set your stop loss at. All these things and more will reveal your trading personality once again so review your register at any time and you will know straight away whether or not you are an emotional trader.

Wait for the right market conditions before trading. There are times when it is wise to stay out of the market and observe from the sidelines. Do not enter every single trade you see. Do not become a screen watcher and get up to the minute prices of your stock. Set yourself up so that there will be no need for this. You have a life to live… don’t you?

Have the courage of your convictions: Take steps to protect your profits when you see that a trend is weakening, but sit tight and don’t let fear of losing part of your profit cloud your judgment. There is a good chance that the trend will resume its upward climb if you are bullish in a trade, or downward spiral if you are bearish in a trade.

I would like to acknowledge Hans Kujat, a fellow 21st Century Academy Graduate who made the suggestion for this weeks topic.

There is plenty to learn about trading and I am here to help you on that journey. For those of you who wanted to leave me a comment last week and couldn”t because of the challenge of a technical hitch with the software, I invite you back now and look forward to hearing from you.

Angela Recchia
Graduate Support
Universal Wealth Creation © 2004 - 2007

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