The Importance of Building Your Trading System

by | Jan 17, 2023

Anyone seeking long-term success in the market needs one thing above all else — a reliable trading system.

Without a system, you’re throwing darts … hoping that trades work in your favor instead of knowing that they’re perfect for your particular set of goals.

If this sounds familiar, don’t think it’s too late to adjust your trading…

When starting as a trader, I didn’t have a strong trading system. This caused me to make a lot of mediocre trades that I would never make today. 

On the other hand, if you figure out a system that works for you, the sky’s the limit.

That’s why I’m so excited about the Accelerated Cashflow Summit…

TOMORROW, January 18 at 8 p.m. Eastern … Tim Sykes and I will finally reveal the brand-new trading system that’s changed my life. Click here to reserve your spot BEFORE it’s too late!

I expect every Evolver to be there! Now that you’re signed up, back to reality…

Unfortunately, many would-be traders fail to build a system and become part of the 90% who lose money.

Keep reading and I’ll show you how to discover the trading system that’s right for you…

Identify Your Strengths (and Weaknesses)

Before building the fundamentals of your trading system, you’ve gotta take a long, hard look in the mirror…

As a trader, it’s critical to understand your strengths. And it’s potentially even more important to understand your weaknesses.

Be honest with yourself … what are you good at? And what areas need improvement?

By determining these attributes, you can work to maximize your strengths and minimize your weaknesses within your trading system.

For example, I’m a short-term trader at heart. Sure, I occasionally make swing trades, but I’m usually in and out of positions within 24 hours. 

When it came time to build my trading system, I knew I wanted to devise a strategy that was built around day trading, scalping, and overnight trades. 

But YOU might be completely different…

A system that works for one trader might not work for the next. It’s all about personality, account size, and risk tolerance.

Identify your strengths and weaknesses to determine the type of system that’s right for you. 

Then, it’s time to test it…

Test Your System

Once you’ve figured out your strengths and weaknesses, you’ve hopefully thought of some potentially actionable trading strategies that play into your strong points.

This is where many traders make a mistake — by immediately attempting to live-trade their system. This is a mistake.

First, you should test your system by paper trading setups that fit into your game plan.

Paper trading allows you to try out a wide variety of strategies, setups, and patterns without risking a dime.

I often compare trading to professional sports…

If traders are like athletes, then paper trading is our scrimmage. And if you miss practice, you’re probably not gonna crush it during the championship game … right?!

Furthermore, even if you’re paper trading with success … there’s no guarantee you can replicate those returns with real money. 

That’s why, at some point, you’ve gotta remove the training wheels and start risking actual dollars.

This is important because of our human emotions…

Unless you’re a robot, you’ll probably find that your emotions are much harder to control with real financial risk on the line. 

When you’re risking your hard-earned money, the stakes are higher. But this is exactly the environment you wanna get comfortable in. 

And if you can coalesce your strengths into a trading system that allows you to control your emotions … you’ll be potentially UNSTOPPABLE in the stock market.

Final Thoughts

By taking these steps, I discovered the trading system that made me a millionaire

And I’m ready to reveal it to you TOMORROW, January 18 at 8 p.m. Eastern. Click here to sign up NOW!

But ultimately, I want you to build your system

It won’t be easy, but trust me, it’ll be worth it.

Meet Mark:

Mark Croock is a former accountant who after studying under Millionaire Trader Tim Sykes turned his small account into $3.19 Million in trading profits by applying Tim’s strategies to options trading.

He started Evolved Trader to pay it forward and help other traders learn how to leverage options

 

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