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September 14 Is The World-wide "improving The Success Rate Day" In Trading By Brian McAboy Copyright 2006 New Ireland Ventures, LLC
On September 14th, 2006, trading veterans, brokers and tens of thousands of traders are coming together to improve the miserable success rate in the trading industry.
This day is about removing the obstacle that holds traders back from success. By doing so, the success rates of tens of thousands of traders will change and the success rate across the entire industry will see a dramatic improvement.
When Roger Bannister broke the four-minute mile, he removed the barrier that had been in place for decades: the belief that it was not possible for a human to run the mile in under four minutes. The belief had been supported by the medical community with studies and evidence that the human body had physical limitations and that this was all the better humans could do. The claim was further supported by the many efforts of world-class runners that failed. Even the best of the best just couldn't seem to beat the mark.
What had been holding all the runners of the world back was not a physical limitation. It was a mental obstacle that kept everyone from achieving that elusive goal. In a single day, Roger Bannister opened the minds of people around the world to believe that anything is possible, in spite of substantial evidence to the contrary.
There has been a similar phenomena occuring over decades in the trading industry. The failure rate has been at 90% for new traders, even with the advances of technology and efforts of numerous people to affect that number. Despite the efforts and tools available to traders these days, there is a hidden obstacle that stands as a barrier to traders just like that of the four-minute mile.
On September 14, 2006 trading veterans, brokers, and tens of thousands of traders are going to
discover the obstacle that has held back traders, just like releasing the parking brake on a car.
Traders are proven winners. You see, traders are generally above average. They've already known achievement and financial success. It takes money to trade, and more than the average person can amass. Traders have already demonstrated the right traits, practices and mind-set to win. This is how they got into trading in the first place. They've already qualified.
Even when you get into a Ferrari, if the parking brake is set, the car just won't move like it is capable of, and so long as that brake is set, winning the race just isn't likely to happen. In trading, there are those who simply stay in the car with their foot on the gas long enough to wear down the brake and finally get moving, but that takes years and most just plain don't have enough gas to last that long.
Just like Roger Bannister did with running, the "Improving the Success Rate Day" is going to witness the removal the barrier, the mental obstacle that is holding traders back. Tens of thousands of traders are going create a major shift in the success rate around the trading world.
If you trade and are tired of beating your head on the wall and asking why you can't make any money, then discover the answer along with the rest of the world! Free Article brought to YOU by ArticlesOn.com, where you'll find Articles On Everything! Visit http://articleson.com to get more free content. Improving the Success Rate Day in trading. Go to www.september14th2006.com to learn more.
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