Have you ever found yourself making excuses for why you aren’t having trading success?
Over my many years of teaching, I’ve heard so many different justifications for people avoiding the stock market…
They’ll say they’re too inexperienced, too old to start learning, or that they don’t have enough money to trade effectively.
But these are just what they sound like … excuses!
After all, some of my best students had no prior trading experience before they became Evolvers.
For every would-be trader using an excuse to avoid the difficulties of the markets, there’s another individual who’s putting in the hard work to earn their financial freedom.
It’s usually not easy to accomplish goals that are truly worth it. And achieving trading success is no different.
Being a full-time trader is tough. You’ve gotta find workarounds for the financial, mental, and personal hurdles that trading will inevitably throw at you.
But if you can do that while avoiding the pitfalls of common excuses, the sky’s the limit on your trading journey.
Keep reading and I’ll tell you about the three trading excuses I want every Evolver to avoid…
Common Excuse #1: “I don’t have enough money to start trading…”
Financial concerns are common among inexperienced traders…
They look at average returns in the stock market and think they’ll never make meaningful gains on their small account.
But this is where they’re getting it wrong…
If you’re gonna be a professional trader, you need to forget about average returns on index funds.
BOHEN: “5 Red-Day Moonshots For The Next Meltdown”
This has nothing to do with shorting crashing stocks…
So I know what I’m saying sounds like it shouldn’t be possible…
But these are hidden moves that have soared as high as 102%, 172%, 217%.… on days most other stocks sell off.
It’s all going down during my SHOCKING Red-Day Moonshots event with Tim Sykes.
If you focus on developing and executing a consistent trading strategy, you can potentially outpace average returns by leaps and bounds.
In other words, if you’re only making 10% per year, you’re probably not gonna make it as a professional trader.
On the other hand, killer traders can make boatloads beyond what the average investor can expect to return.
Look no further than my last small-account challenge, where I turned $10,000 to $130,000+ in a little over a month.
In case you’re not a math whiz, that’s a 1200% portfolio gain in just a few weeks!
Then I’ll hear, “but Mark … I don’t have $10,000!”
Well, even if you didn’t have $10,000 to start with … you could’ve potentially turned $1,000 into $13,000 — or $100 into $1,300 — with the exact same game plan.
This is the incredible power of options trading in action.
So, ask yourself…
If those kinds of gains are possible in a month … are you still making excuses about not having enough money to start trading?!
Common Excuse #2: “I’m too old to start trading. I don’t have a finance background or stock market experience…”
Whenever I hear this excuse, I think about my top student, Jenny Smith…
Jenny is a stay-at-home mom with four beautiful children. She’s spent her life working hard to provide for her family.
When one of Jenny’s friends told her about trading stocks, she was immediately intrigued. It seemed like a great way for her to make some money in her pajamas.
Jenny doesn’t have any fancy financial degrees. And when she opened her first brokerage account in 2020, she had zero experience with the stock market.
When Jenny started trading, she was quickly humbled by the market. She lost $3,000 on her first few trades and was hit with a serious dose of reality.
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This is where weaker-minded traders would’ve started making the excuses I’m laying out today. But not Jenny…
Instead, she drilled down and studied my options-trading strategy nonstop.
Before long, Jenny was identifying extraordinary patterns and executing remarkable trades — entirely on her own…
A variety of apes… 🦍 $GME $AMC 🚀🚀🚀🚀 pic.twitter.com/zJtFKO3GNs
— Jenny Smith (@jpsmith5804) March 23, 2022
This is where I ended it.
Have a blessed Wednesday everyone! $NVDA $AMZN @EvolvedTrader @thehonestcroock https://t.co/OdDFnzVoUG pic.twitter.com/me7dxyELUs— Jenny Smith (@jpsmith5804) March 16, 2022
These days, Jenny pays for her daughter’s gymnastics, her car payment, and even a $20,000 Father’s Day gift for her husband … all with trading profits.
So, next time you find yourself making an excuse about your lack of experience … think about Jenny!
Common Excuse #3: “I’ve been burned in the past by bad trading advice…”
In this day and age, it can seem like trading advice is a dime a dozen…
Social media is filled with scammy stock promoters who will stop at nothing to pump their positions, only to dump them back on retail traders.
To me, this is disgusting. I started Evolved Trader to do exactly the opposite…
This is why I’m constantly asking Evolvers not to chase my trade alerts!
I want you to develop your own strategy, one that works for you. I have no interest in pumping my positions to my followers.
If you’ve received bad trading advice, especially in the past two years, ask yourself … who was giving you the advice?
Did they have a proven track record of trading success over more than 10 years, as I do? Have they made nearly $4 million in the markets?
I bet the answer is no. And that’s why you’ve gotta be very careful who you listen to…
(LAST CHANCE: If you’ve been burned in the past by bad advice, it’s probably time to take a lesson from a seasoned veteran … and few traders are as experienced as my buddy Tim Bohen. Check out Bohen’s Red-Day Moonshots event TONIGHT, October 26 at 8 p.m. Eastern by clicking right here.)
Ever since the pandemic began, there have been a lot of “pro traders” showing up out of nowhere on social media.
But I doubt many of these fakers will be around in 5 or 10 years.
So, stop fretting over bad advice you’ve received in the past.
If you’re reading this, you can rest easy knowing you’re learning from me — someone who’s proven they can win at trading in the long term.
Final Thoughts
I hate hearing excuses that I know are misplaced. Don’t make them.
Instead, take responsibility for the steps you need to take.
Then, do anything and everything you must to accomplish your personal goals.