Want to increase your current trading results by 50% - 1000% or more?

I wouldn't be telling you anything new when I say that 9 out 10 of traders fall flat on their backside in their quest for the pot of trading gold.

I am going to share 2 things that you can do TODAY that can dramtically change your results.

There is one major warning:  If you even stop doing these for a day your results will slide.

 Unless you are brand new to trading you have probably heard what I am about to discuss.  You might even say, "Tell me something I don't know Einstein!"

1.  USE A STOP - You would be amazed how many traders either forget to place an initial stop loss or decide to just watch how things unfold.

For those who just decide to watch, what generally ends up happening is the trade goes against them and they go into a state of denial and disbelief and keep telling themselves the trade will turn around.  Meanwhile they are down way, way more on the trade then they should be. 

It's not uncommon to see traders who were willing to only risk $100 let the trades go $200, $300 even $500 against them while they "wait and see".  (Who's the Einstein now?)

2.  Ride your winners for all their worth and drop your losers in a "New York Minute".  I can tell you with absolute certainty that traders who are not making money do the exact opposite.  They constantly bail out the minute they are up a few dollars and at the same time take losses that are way too big for their portfolio.

You may still not be taking this seriously so please try this on for size.

A good friend of mine lost $802,000 trading simply because he would not apply the 2 simple rules above.  He was devastated as he lost almost his entire  retirement account. 

 I used to scream at him all the time about it. 

I would say, "Hey Joe, what the f–k are you doing?" 

The intresting thing was the minute he listened to me he started getting back on track and then without warning  he would fall off the wagon and do the same stupid things over and over and over.

I almost forgot.  You may be wondering how I came up with the title for the article:

It  is based on experience working with traders who were having a really hard time.  By simply going over all their past trades and inputing the above 2 strategies, it changed their results sometimes quite dramatically.

I sincerely hope you take this lesson to heart.

Peace & Prosperity!