Why July Was a Great Month for Traders

So it seems July has been a really good month for so many developing traders…

• Arno took a $5400 payout from his prop firm and posted his certificate.
• Rob had his most profitable trade ever on the DOW. Adding to the winner and sticking with it for several days.
• Ruchir is closing out a record-breaking month even after he increased his size.

And so many more messages of breakthroughs, new account balance highs, great trades…
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I think it’s one of the best ever months I’ve seen for breakthroughs.
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But why?
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Why now?
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Here’s my guess:
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​#1 The trading conditions are good.
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​Almost everything is moving in decent ranges. Indices, stocks, FX. They are all offering opportunities.
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And that’s key, right?
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The more opportunities you get to swing the bat the more likely you are to hit a few home runs.
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​Eg: Arno’s $5.4k payout was mostly on one big trade this month. But he had several attempts to jump on board.
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​#2 Persistence
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​All of these traders have battled through tough times, taken kicks to the head, and setbacks, yet kept pushing on.
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They made adjustments, reviewed trades, kept logs, took notes, and committed to becoming the best they could be.
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And that prepares you to take advantage of the ripe conditions when they come.
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You’re in the right head space, dialled in, and ready to perform.
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Rob couldn’t hold a winning trade for an hour let alone several days AND adding to the thing! (We’ve all been there…so it’s not a finger-point at you Rob 🙂 !)
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​#3 Surroundings
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​All these guys trade from home, so I’m not talking about physical surroundings here.
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I’m talking about their peer group, who they speak to about trading, who they learn from, and what gets absorbed into the subconscious.
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Now you’re probably thinking: “Ok Mark this is just you shilling your premium membership!”
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​Well there’s no doubt we’ve created an environment for traders to flourish, we just seem to attract the right traders with the right attitude.
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Supportive, inquisitive, and ambitious.
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But you can do it yourself if you like.
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You don’t need to pay me a penny…
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Simply find the right traders online, connect with them, set up regular times for Zoom calls, get accountable, push each other, and demand the best.
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You can create your own trading team.
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It’s just super tough to do this job alone staring at the screens wondering if you’re on the right path.
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There’s no need to play this game on hard mode…
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I’m curious… how your July has been?
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Reply here and let me know how you’ve done, good or bad.
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And if you aren’t where you want to be yet, don’t worry.
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If you stick to it, keep learning and improving then your time will come…