Hot to be a profitable trader webinar notes

This week I did a webinar for Stockbee members on what it takes to be consistently profitable and role of procedural memory , self efficacy beliefs , and creativity in improving your profitability.

These are my notes used for presentation:

Select feedback from participants:

Your talk yesterday was amazing and mind blowing! It's was one of your finest webinar till date.

As a result I will be making changes not just to my trading, but life in general.

Really wish it was recorded for posterity!

Jay

Hey EG

Thanks you very much for the Procedural memory , self efficacy talk, and creativity webinar.

You made me think long and hard last night about many things and why I have not progressed in my trading , career, and life.

Now I know what are the issues that are holding me back and how to tackle them.

I wish I knew these things few years back.

Thanks again for making me think and it is nice to get kicked and jolted in to action .

I am now more optimistic about my life and trading.

PS: and I took your advice to be at least 5% more creative daily and my coworkers asked me why I am so happy today.

Mike

Yesterday's webinars were amazing.

Carolyn

If you want to improve your trading and become profitable learn the role of procedural memory in becoming better trader. All successful traders have developed a procedural memory to trade a specific setup and it is implicit memory and once developed becomes permanent part of you . This is the key to profitability.

Best site to learn to trade

If you are serious about your trading and want to build an enduring edge, the Stockbee Member site might help you.

Members tell me they have tried a lot of things before coming to my site, and it has offered them the most extensive and detailed methods to swing and position trade. Members range from very experienced traders to novices.

No advertising, no hard marketing, no promotions, no free offers, no affiliate marketing, no incentive to other bloggers to promote the site, no constant tweets self-promoting the site, and no tall claims. Every member comes through word-of-mouth recommendations from existing members.

As a member, you will learn the basics of swing trading, momentum investing, growth investing, and risk management. You will learn about Stockbee Momentum Burst breakouts, Stockbee Trend Intensity Breakouts, Stockbee Episodic Pivots Breakouts, Stockbee Lemonade Strategy for 401k, and many other member-shared methods.

You will learn how to set up your own scans, how to select the right kind of stocks, how to set up stops, when to enter, when to exit, how much to risk, how to track your trades, and all other details about trading.

You will learn about developing your own methods and not relying on others for trade ideas. Develop your own edge. Once you develop your own method, you will have a lifelong profitable method.

The site gives you an opportunity to interact with some of the most successful traders and learn from them about their trading methods. It is a vibrant community with members from different backgrounds and experiences willing to help each other. Members have shared their methods, scans, software, backtests, and market insights.

Every day, the emphasis is on continuous learning and upgrading of market knowledge and setup knowledge. The members range from hedge fund employees, financial advisers, active swing traders, investors, and new traders.

You will see that many trading bloggers have been using my market timing methods, scans, and chart templates. They have developed their own methods based on my methods.

Almost every member comes through a recommendation of some of the leading trading bloggers and trading sites. 80% or more members continue to be members for more than 3 years. Most tell me that they stay on because every day they learn so much from the members' site.

If you are looking to develop your own trading strategy, the membership site might be for you. You have to be willing to put in the effort to build your own method. There are no silver bullets offered on the members' site. Every method, every scan, every nuance is detailed, and all possible help is offered to design your own method.

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