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The Truth About
Day Trading Systems
12 Tricks that Smart Traders Use to Make Fortunes
in the Futures Markets
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The Truth about Day Trading Systems
By Bill McCready Author of the Futures Trading Secrets System
What’s In This eBook And How To Use It To Improve Your Trading
I’m Bill McCready and I’m going to give you insights into the 12 Truths essential to successful
day trading. What you learn in this eBook is free, yet it’s invaluable. With this information alone,
you could see significant improvement in your trading. But this is just the tip of the iceberg.
Truth 1 - Millionaires Can Be Made In Day Trading
Truth 2 - Trading Is The Perfect Business
Truth 3 - Risk Is Part Of Trading
Truth 4 - The Market Moves; The Issue Is When, Not Why.
Truth 5 - Money Management Is The Key To Profitable Trading
Truth 6 - Before You Trade: Practice
Truth 7 - There Is No Perfect Indicator
Truth 8 - The Market Turns On Support And Resistance
Truth 9 - Fear Defeats More Traders Than Adverse Market Conditions
Truth 10 - Nothing Happens Until You Pull The Trigger
Truth 11 - A Superior System Stands Up To Rigorous Evaluation
Truth 12 – The Technique of Effortless and Profitable Trading
Let’s Get Started
Did you know that 13,100 web sites sell day trading systems for stocks and commodities? If so
many people are getting into day trading, why would you want to get into trading? Simple. 90%
of those traders are consistently losing money! That means there’s money left on the table.
Money you could make.
If that many sites claim to train day traders yet turn out 90% losers, you don’t have to be a math
genius to know that something isn’t working. Could it be the training? Trying to teach a newbie
to day trade without actual, successful trading experience is foolish and frankly, unethical. But
let’s face it, anybody can put up a site on the internet, set themselves up as an “expert” and
charge big money to teach you what they don’t really know. That’s why so many day traders
waste money to learn so little then go into the market and lose so much.
Are you tired of the hype? Do you want the TRUTH about Day Trading?
I’m talking about the TRUTH that will show you how to make money with MAXIMUM
LEVERAGE. And I know what I’m saying. You see, I already put my money on the line, over
and over, as a day trader for over nine years. No magic, no false promises, I’m going to give
you the straight TRUTH about day trading and the skills required.
So let’s start with a required government disclaimer (you won’t read this on the hype sites).
8/17/2007
http://www.FuturesTradingSecrets.com
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The Truth about Day Trading Systems
By Bill McCready Author of the Futures Trading Secrets System
Legal Disclaimer
IMPORTANT NOTICE : Futures and Options trading have large potential rewards, but also large
potential risk . You must be aware of the risks and be willing to accept them in order to invest in
the futures and options markets. Don't trade with money you can't afford to lose. This is neither
a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that
any account will or is likely to achieve profits or losses similar to those discussed in this training
course. The past performance of any trading system or methodology is not necessarily
indicative of future results.
Day Trading Involves Risks and You Can Lose a Lot of Money . Hypothetical or simulated
performance results do not represent actual trading. No representation is being made that any
account will or is likely to achieve profits or losses similar to those shown. By viewing this page
1 acknowledge that I have read the above statements and am aware of the risks associated
with trading. Venture Planning Associates Inc. acts as a marketing agent for this training
program. It does not warrant or represent that the material is accurate or will increase trading
profits for anyone purchasing or using this product. All charts and techniques are provided for
training purposes only.
CTFC rule 4.41 - hypothetical or simulated performance results have certain limitations. Unlike
an actual performance record, simulated results do not represent actual trading. Also, since the
trades have not been executed, the results may have under-or-over compensated for the
impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in
general are also subject to the fact that they are designed with the benefit of hindsight. No
representation is being made that any account will or is likely to achieve profit or losses similar
to those shown.
8/17/2007
http://www.FuturesTradingSecrets.com
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The Truth about Day Trading Systems
By Bill McCready Author of the Futures Trading Secrets System
TRUTH 1: Millionaires Are Made In Day Trading
Yes, that happens, just not everyday, and not without a system. Hitting it big occasionally is
pure dumb luck. If you want to rely on luck, go to a casino where you get dinner and a show
while losing your shirt. Successful day traders are in the game for the long haul. They clearly
understand Maximum Leverage as the key to building great fortunes. Day traders, like
entrepreneurs, real estate investors and global marketers know that the fastest route to
achieving financial goals is leverage.
Are you using leverage to maximize your money? Check each of these types of leverage that
you should regularly use.
• Other people’s money
• Other people’s expertise
• Other people’s ideas
• Other people’s research
• Other people’s time
• Other people’s work
• Other people’s mistakes
If you are not using these types of leverage, why are you waiting? Get busy using at least three
of these types of leverage right now to move toward your financial goals faster and with less
stress on you.
My proven leverage building approach begins with 5 Key Methods:
1. Find an experienced Mentor
2. Identify tools and skills used by experts
3. Incorporate checklists that advance the system
4. Connect with a Support Network
5. Develop a Mastermind Group
Take time to network with the experts at seminars and investors meetings to identify a
potential mentor. Then make sure the mentor-“mentee” relationship is a two way street
in which the mentor receives equal value in return for guiding you toward success.
2. You need a good quality computer and high speed Cable or DSL internet connection
plus a large flat screen monitor. Higher resolution, larger monitors are easier on your
eyes. They help you focus on charts and important market indicators. If you prefer a lap
top computer to a desk top, a compromise is a docking station so you can enjoy the
8/17/2007
http://www.FuturesTradingSecrets.com
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Briefly let’s look at how these five methods work together to build leverage.
1. An experienced Mentor teaches what he or she already knows how to do. A mentor has
perspective from years of actually day trading, plus proficiency gained from developing
an effective trading system. An experienced mentor has the patience to guide you in day
trading without throwing you in too soon or micro-managing your trades. Take time to
find the right match for your mentor.
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The Truth about Day Trading Systems
By Bill McCready Author of the Futures Trading Secrets System
larger monitor when at your desk. Master Chefs think nothing of spending a thousand
dollars for their knife sets and the best hair stylists spend hundreds on a single pair of
scissors. The tools you need to become a money-making day trader are not
inexpensive. But, price is not always an indication of the depth of training you will
receive.
3. Before NASA launches a space shuttle, dozens of people run through exhaustive
checklists for every critical item. Who could remember all of those things with the
anticipation of a launch? When you are day trading, you can get caught up in the
intensity of the market and forget key factors in your system. Master traders use
checklists every day. They would not think of trading without the checklists that keep
them within the parameters of their system. Your mentor can show you how to develop
or adapt checklists to use with your trading system.
4. Trading is a solo activity that takes you away from the group and focuses on your trading
system. Do that too long without hearing new ideas and you become as painfully
isolated. Staying connected to a support group helps you to maintain a positive attitude
as well as listen to other people question some of your ideas that need more work. You
may find the right support in an investors group, local business organization or among
friends.
5. A Mastermind Group is a “Dream Team” of like minded people who share your passion
for achievement, know the sweet taste of success and have skills worth sharing. Group
members can work together to identify trading opportunities, analyze charts and review
each others’ portfolios. A Mastermind Group operates as a unit in which each member
is expected to participate, offer ideas and contribute to the group success. Mastermind
Groups are not for traders who want to leech ideas off others without giving back.
The bottom line is that Maximum Leverage is the fastest way to build wealth. Before you trade,
secure these 5 Key Elements to get fully prepared.
8/17/2007
http://www.FuturesTradingSecrets.com
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