Most peoples’ investment plans are based on the “Buy and Hope” theory. “It doesn’t matter what the market is doing this week”, They say, “It’ll come back up over time”. All to often I talk to people who have let their 401k’s turn in to 201k’s. Seriously, I know people who lose hundreds of thousands of dollars to the market every year. The crazy thing is, they keep doing it! Did you know that Mutual Funds don’t aim to make money? Their sole objective is to beat the S&P 500. If the S&P 500 is down 17% for the year and they’re only down 15%, they’re happy! And the funniest part, they still get paid.

Well, enough is enough! If you’re tired of letting your broker (or you) squander your retirement fund, help is here. And that help is you! Have you ever head the term “self-directed asset manager“? It’s time to take control of your own financial future. Not only can you take control of your assets, but you can generate a healthy income in the process.

Day trading- I cringe when I hear the term. It gives me flashbacks of tech-boom retards who thought they were conducting the market’s movement like a symphony. Then, in 2000, all these guys were back to selling insurance. Today, there is a new breed of trader; A more sophisticated trader. They range from the 50 year old engineer looking to retire a little earlier, to the 19 year old college kid. And some of the people are absolutely crushing it!

I know what you’re thinking- “But I don’t want to sit in front of my computer all day”. Or, “I don’t have $25,000 to open a pattern day trading account”. E-mini futures make it extremely affordable to get started with trading. And, you don’t need to trade from 9:30-4:00. Maximum, my group trades 90 minutes a day. Often times, we’re finished within 30 to 60 minutes. Additionally, with low margin requirements, you can open a futures trading account with as little as $2,000.

Now for my little disclamer: You cannot learn this overnight! Trading is not a book you read and make a million bucks by next Friday. It takes focus, patience, and the right strategy. Looking for the holy-grail of trading? Forget it. Trading is an art form, not a science. The market is dynamic and always changing. No automated computer system can deliver consistent profits. Eventually, they all fail. But if you stick with it, you will develop the skills neccessary to succeed.

Filed under: Trading by Chris Dunn