Friday, June 23, 2023

You MUST be in it to win it!


When you're a trader that employs a time tested strategy, you must be an action taker if you ever desire to be profitable.

Often what happens is we develop an opinion and that opinion proves to be a disservice to our trading outcome.

Opinions are like assholes: Everyone has one but their purpose is shit.

Once the trade plan has been refined, once the consistency has been developed and the discipline is employed … that's when money is made!

You must treat every trade like it's going to be the best trade of your life because maybe it will be. You really never know.

The variable to your success beyond what you can't control is YOU.

You need to have your head right so when that big winner comes along, you're ready to take it with authority.

Yesterday was a perfect example.

The pre-market offered us a profitable short trade in the S&P 500. But shortly after the open, we rode Crude Oil short for over 2 whole dollars.

For those of you unfamiliar with what a tick on the CL market equates to, it's $10 per tick. Now don't get me wrong, we took profits along the way!

We also advanced our stop along the way, but I can tell you with confidence, this was the greatest trade taken this year thus far.

And for those of you unfamiliar with shorting, we made all of this profit while the price of the asset was falling like a rock!

Yep, the price was going down and we were catching thousands as it fell.

Now it's quite unlikely for this to transpire again tomorrow, but the good news is, it could. And the only way to know if it does is to be in it to win it!

If you're ready to stop watching and to start taking control of your financial future, I encourage you to join the Big Energy Profits family today!

Steve Place


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