9 Signs You're Trading Well

So, you’re probably wondering how you’re doing as a trader.

• Are you rich?
• Is your portfolio shooting up?
• How many winners did you bank this week?

If you think those are the questions to ask – Then YOU’RE WRONG!

As I’ve mentioned many times before. Trading well is a marathon and not a quick race.

It doesn’t matter how much money you banked in a week, winners you took or how much money you have in your account.

What does matter is one word “Persistence”. And with persistence comes, 10 signs that you’re doing well with trading.

Let’s get to them…

Sign #1: You have the passion to LEARN how to trade

When you learn to trade, it’s not only a strategy game but also a self-introspection journey. 

You get to understand who you are as a trader in a way that you learn:

•    What time you wish to trade 
•    What markets you’d like to look at 
•    The instrument you want to buy/sell
•    The broker that best suits your needs 

If you have the passion to learn what fits your personality when trading, it’s a good sign you’ll do super…

Sign #2: You have a solid daily trading routine 

There is no right or wrong way to go about your trading. 

Once again, it’s what you feel comfortable with on a daily or weekly basis. 

Maybe it is reading MATI Trader first thing in the morning, then going through your watchlist and seeing which trades are lining up. 

Afterwards you set your trading levels and take your trade. 

Whatever your trading routine is, make sure you have a checklist to follow. 

Sign #3: You have strict rules to follow 

Rules are the only way to find consistent opportunities within the chaos. 

I have three rules with trading. 

1. Never risk more than 2% per trade (no matter the portfolio account). 
2. Never risk any money you can’t afford to lose 
3. Never hold more than 5 trades at any one time. 

If you have rules to follow, you’re doing well…

Sign #4: You have tunnel vision

There are no two traders that are the same. 

This means, when you know who you are, you’ll know to ONLY follow your rules, strategy and vibe.

If someone tries to change your mind, put your blinkers on and remember the proven strategy you KNOW works. 

Don’t listen to others and don’t care about where other traders are in their career. 

Sign #5: You have a track record 

Whether you’re still demo-trading or live-trading, it doesn’t matter.

All you need to make sure is that you have an excel sheet or written pad with all of your trades you have taken or backtested.

This is will remind you and give you proof of what works and will make you a consistent income during your trading.

Sign #6: You have the time to trade

Right now, most of us are in national lockdown…

We are not sure how long it will go on for or how it will affect our work lives in the future.

You’ll need to choose the time, that suits you best to analyse and trade the markets.

It can be first thing in the morning, during your break in the afternoon or even 2am when you wake up and can’t go back to sleep.

Sign #7: You can psychologically handle it 

Trading is mostly mindset.

How you deal with your winners, losers and with your trading longevity.

If you are prepared to mentally handle everything trading comes with – you’re well on your way to a bright trading future.

Sign #8: You have a dream 

As much as trading is fun during the process, we all have a future idea on where trading will take us.

Some want to travel around the world and not have to worry about budgeting. Others want to just spend their time during retirement keeping their brain active and seeing trading as a forever-challenge.

Me, I love to trade, teach how to trade and create financial freedom for my future and for generations to come.

What is your dream?

Sign #9: You have your trading system

The game-plan…

Do you know where to enter, exit and place your risk levels every time?

If so, GOOD.

You have a trading system.

I have used the MATI Trader System for the last 18 years, and I’m happy to keep following it for the rest of my life.

If you don’t have a trading system, then it’s also ok.

Either you can adopt mine which I’ve made public as of 2019 or you can follow your journey to creating your own system.

This is all part of trading well.

Compounding Trading Explained

Listen up.

If you want to grow your portfolio exponentially, you’ll need to understand this concept.

It’s called ‘compounding’.

In short,

Compounding is a strategy where you allocate your money with your

original and current portfolio in order to reinvest it

and grow it into an even larger portfolio.

Let’s cut to the chase with an example.

Meet Jack and Jill. 

Jack and Jill both deposit R100,000 into their trading accounts and they decide to follow each other’s trades exactly. At the end of the first year, their portfolio performances were identical.  

As they enter their second trading year, Jack decides to do one thing different to Jill.  

He decides to withdraw all his profits so that he can enjoy a lavish holiday. 

Jill on the other hand, decides to reinvest her profits. This way, in the next year, she’ll be able to grow her account even more. 

They trade this way for the next 10 years. Let’s compare how their portfolios differ.
 

Simple trading versus Compounding trading in action

It is clear that Jill is a lot wealthier than Jack where, she has been able to grow her account from R100,000 up to R2,164,657 in just 10 years.

Jack on the other hand is right back to where he started, but with 10 memorable holidays.

Which position would you like to be in?

Every year, Jack takes on the simple interest trading approach.

This is where he continues to earn returns on his original portfolio value only.

At the end of each year, he takes out the R36,000 in profits, that he earned, and uses the money to go on a holiday.

Even after 10 years, Jack continues to bank a fixed R36,000 each year leaving his trading portfolio back to his starting account of just R100,000.

Jill on the other hand, takes the compounding interest trading approach.

This is where she continues to re-invest her earnings into her portfolio each year, in order to grow it even larger than the previous year.

After 10 years of trading, Jill’s R2 million trading account continues to snowball and compound each year.

The science of compounding is an extremely effective wealth building strategy.

This is one concept that I’ll go into a lot more detail in the Video 5 of the MATI Trader System Programme.

9 Top Trading Movies Of All Time During Lockdown

If you’re feeling boredom, it means lockdown is working.

And we just have to keep it up, if we want to go back to “normal”.

However, I’m sure you’ve found new ways to keep busy such as:

• Reading and writing more
• Working on building your empire
• Spending time with the kids
• Enjoying new hobbies and
• Watching more movies and series

If one of your goals is to learn how to trade well and profitably during the lockdown, then you’ve definitely seen the opportunity within the chaos.

Why not enjoy a trading movie marathon within the next couple of weeks?

In this article I’m going to recommend 9 of the top trading movies of all time, which you can enjoy…

Movie #1:
Wolf of Wall Street

In this thrilling and erotic movie you’ll learn how Jordan Belfort went from being an entry-job broker into a man who made a fortune of over $200 million dollars.

He achieved this through a widespread of corruption on Wall Street and in the corporate banking world.

Movie #2:
Rogue Trader 

Find out how Nick Leeson thrived from the Asian market to make risky trades and break the oldest bank in England.

Movie #3:
Margin call

Another movie which shows the falling of a Lehman Brothers-like bank during the financial crash and how they do everything they can to avoid becoming bankrupt…

The movie is filled with capitalism, greed and financial fraud.

Movie #4:
Boiler Room

In this action packed movie you’ll see how 20 millionaires were made overnight through illegal, greed & corruption stock market practices.

Movie #5:
Wall Street 1987

In this movie you’ll see a money and greed driven stock broker who will do anything to get rich, including practising insider trading with the help of his hero (Gordan Gekko).

Movie #6:
The Big Short

Another movie with smart but arrogant pricks who were able to make millions of dollars by betting against the entire housing market…

Movie #7:
Arbitrage

In this movie you’ll see one crisis after another as a troubled hedge fund giant is desperate to sell his trading empire who eventually turns to an unlikely person for help.

Movie #8:
Inside Job 

In this movie you’ll see how unaccounted and reckless actions of Wall Street lead to the global financial crash of 2008.

Movie #9:
Wallstreet 2: Money Never Sleeps 

In this movie you’ll see how unaccounted and reckless actions of Wall Street lead to the global financial crash of 2008.