This manual is for informational purposes only. The author is not an investment adviser, financial adviser, or broker, and the material contained herein is not intended as investment advice. If you wish to obtain personalized investment advice, you should consult with a Certified Financial Planner (CFP). All statements made in this manual are based on the author’s own opinion. Neither the author or the publisher warrants or assume any responsibility for the accuracy of the statements or information contained in this manual, and specifically disclaims the accuracy of any data, including stock prices and stock performance histories. No mention of a particular security or instrument herein constitutes a recommendation to buy or sell that or any security or instrument, nor does it mean that any particular security, instrument, portfolio of securities, transaction or investment strategy is suitable for any specific individual. Neither the author or the publisher can assess, verify, or guarantee the accuracy, adequacy, or completeness of any information, the suitability or profitability of any particular investment or methodology, or the potential value of any investment or informational source. READERS BEAR THE SOLE RESPONSIBILITY FOR THEIR OWN INVESTMENT DECISIONS. NEITHER THE AUTHOR OR THE PUBLISHER IS RESPONSIBLE FOR ANY LOSSES DUE TO INVESTMENT DECISIONS MADE BASED ON INFORMATION PROVIDED HEREIN. At the time of writing, neither the author or the publisher has a position in any of the stocks mentioned in this manual.

By proceeding with reading this course, you affirm that you have read and understand the above disclaimer.

2020 Millionaire Publishing LLC All rights reserved

LEGAL DISCLAIMER eReport

Before you proceed with the course, make sure you read and understand the

following disclaimer.

Fear and Greed The two primary emotions that drive the market are fear and greed.

As a disciplined trader you must be aware of these emotions and notice how they’re driving the markets.

Stay separate from emotions — be an observer of them and never join in the crowd.

The majority of traders fail. As much as 90% of traders lose money in the long run. If you are going to be among the few that profit, you must stay above the fray.

Downfalls of GreedGreed, unchecked, can cause you to set unrealistic price targets. You must always have a trading plan for every trade you enter.

And don’t just plan a point to cut your losses — you must also lock in profits at realistic targets.

If you start to focus on how much money you could make, you might fail to realize the profit you already have.

Whenever you enter a trade, have a stop in place in case it goes against you. Also, have a price target in place if the trade goes in your favor.

When your target is met, don’t get greedy: Take your profits and move on to the next trade.

Paralysis of FearYou’ll hear me refer to ‘the paralysis of analysis.’ Overanalysis can cause you to miss the opportunities the market presents.

Every single trade has the potential to go in your favor or against you. This is nothing to be fearful of — it’s just the reality of trading.

But many traders get nervous about losing. Especially new traders. They can be so fearful of losing money that they’ll miss opportunities to make money.

Trading is calculated risk — some trades will go against you, and some will go in your favor. As a trader, your job is to find a strategy that brings more profits than losses.

It’s a simple concept that gets immensely complicated by the emotional attachment we all have to money.

Hope and Regret Hope and regret have no place in your decision making.

Hope is not a strategy and regret keeps you in the past. Most failed traders fail because they let these emotions in.

Don’t be like most failed traders: Trade without hope … trade without regret … and learn from the mistakes of others.

Holding and HopingI’ve seen this decimate traders thousands of times: holding trades too long.

Even after their stop has been hit, they refuse to sell.

I ask “Why are you still holding?”

“Oh, I’m hoping for a press release in the morning” or “I’m hoping it will bounce here” are common replies.

Sure, there could be a press release — but there could just as well be an offering. Even a positive press release doesn’t guarantee a price increase.

Never hold past your stop. You need to have a strategy for every trade. Hope is not a strategy.

Regret: Don’t Look BackSometimes you’ll miss a trade. Sometimes you won’t take profits when you should.

Don’t spend any time looking back at what could have been. Regretting your mistakes will cause you to live in the past.

To be successful you need to always be adapting and moving forward. Looking back is not conducive to moving forward. You can’t move forward in your trading journey while regretting the last misstep.

It’s important to learn from your mistakes — but learn your lesson and move on. Turn the page and don’t dwell on past mistakes. Focus instead on what you learned and how you can improve in the future.

Winning and Losing

Winning isn’t easy. Don’t ever get cocky when you’re on a hot streak — you’re always just one trade away from humility.

Any trade can go against you at any time. Maximize your wins. But know that win streaks don’t last forever.

There’s nothing wrong with taking a losing trade. Good trading plans can provide a statistical advantage, but no trading plan provides a 100% win rate.

If you follow your plan and still take a loss, that’s OK. Take it and move on to the next trade.

Another important rule: Never take a trade in an attempt to “get back” what you lost on the last trade. Every trade stands on its own. Some will be profits and some will be losses. Accept this reality.

Cycle of Emotions Every trader experiences emotions when trading. It’s natural. We’re all human.

The key here is to recognize these emotions and not allow them to take over your decision making.

Here are 5 emotions all traders experience...1. As you enter a trade, you’re optimistic. This could be the big winner you hope for!

2. As the trade moves in your favor, you’ll experience euphoria — so excited for every tick in your favor! You begin picturing the things you’ll buy.

3. As the trade begins to move against you, there’s a sense of desperation that sets in. “If I can just get back to this level, I’ll sell,” you tell yourself.

4. As your trade moves into a loss, you’ll feel upset — kicking yourself for taking the trade in the first place. “How could I be so stupid?!”

5. As the trade moves back to even, you’re optimistic again!

And the cycle repeats…

Feeling emotions is OK. Acting on them is not.

If you act on emotions, you’ll buy at the top and sell at the bottom until you’re broke.

Bottom line: Successful traders aren’t susceptible to taking action based on their emotions.

5 Ways to Master Your Mind

Mastering your emotions isn’t easy...

To have a fighting chance at trading, you must keep yourself from falling victim to your own emotions.

Following these five rules has brought me great success throughout my trading career. While my results don’t guarantee you’ll get the same, they can undoubtedly help you become a stronger trader.

1. Challenge yourself. Set a clear goal. Let a stop get hit. Hold a winner and don’t sell. Whatever you’re struggling with, give yourself a chance to experience the discomfort you’re trying to avoid.

2. Always do your own research. Never make a trade merely based on someone else’s pick. There are tons of fake ‘gurus’ and scammers out there with only their own interests in mind. Be responsible for your own trades.

3. Be accountable to someone else. This can be a trading partner, a mentor or even a friend who doesn’t trade. Be completely honest with them and talk through the mistakes.

4. Stick to your plan. Write your plan down and review your trades. Journal every trade. Compare your trades to your written plan. You’ll be surprised at the results.

5. Be disciplined. Don’t hold past your stop. Don’t before your profit target. Make sure you take profits at your targets.

Recovering from Errors

Own your mistakes. When I make bonehead moves, I tell my students all about them — it’s a great learning tool.

When you lose trades (and you WILL lose some), turn the page. Learn from your mistakes, but don’t dwell on them. Get over it and get ready for the next trade.

But do yourself a favor and don’t dive back in immediately — make sure you allow for some downtime. Get some exercise. Eat a nourishing meal. Rest. A healthy body breeds a healthy mind.

While studying is important, you must give yourself time away from the screen to allow the lessons to soak in.

Ready to Take Control? Most traders fail because they won’t allow themselves to master their own emotions…

To give yourself an advantage, remember what you learned here and follow my 5 rules.

My secret to success in the markets isn’t actually a secret at all: I’ve done it by learning to control my emotions.

If you can do the same, you’ll potentially give yourself an edge while others keep falling prey to the same, emotion-driven trading mistakes.

Try these steps and see how they work for your trading … I think you’ll be surprised.

SO … NOW WHAT? I know that it can seem like a lot to take in, but right now ... you don’t need to have it all figured out. What do you need right now? You need to know what the NEXT STEP is. That’s it. Then, you’ll take another, and another, and another until you get where you need to be. That’s why I want you to check out my brand-new trading bootcamp… If you like what you’ve seen so far and want to see if it’s possible to get to the place where you can make your own schedule, travel the world, and call your own shots … then take the next step now. Get into the trading bootcamp now

Cheers,

Tim Sykes

2020 Millionaire Publishing LLC All rights reserved