3 things that separates traders from successful traders

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3 ThingsTHAT SEPARATES TRADERS FROM SUCCESSFUL TRADERS

People trade for different reasons

Some want to generate a secondary income

some want to trade full time

and some want to build portfolios.

However many make simple mistakes...

and only some achieve their financial goals

So what’s the difference between a trader and a successful trader?

TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041

PH: 03 8080 5788WEB: www.traderscircle.com.auEMAIL: admin@traderscircle.com.au

The way a successful trader separates themselves from the rest is:

TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041

PH: 03 8080 5788WEB: www.traderscircle.com.auEMAIL: admin@traderscircle.com.au

The way a successful trader separates themselves from the rest is:

Risk management1

TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041

PH: 03 8080 5788WEB: www.traderscircle.com.auEMAIL: admin@traderscircle.com.au

The way a successful trader separates themselves from the rest is:

Risk management

Money management

12

TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041

PH: 03 8080 5788WEB: www.traderscircle.com.auEMAIL: admin@traderscircle.com.au

The way a successful trader separates themselves from the rest is:

Risk management

Money management

Trade management

123

1. RISK MANAGEMENT ”Throughout my financial career, I have continually witnessed examples of other people that I have known being ruined by a failure to respect risk.

- Larry Hite

Risk management is essential but can be overlooked by traders

1. RISK MANAGEMENT

Some can generate substantial profits but lose it all over a few bad trades.

1. RISK MANAGEMENT

A successful trader always considers the monetary risk involved in any strategy they choose to use.

1. RISK MANAGEMENT

1. RISK MANAGEMENT

The more aggressive the strategy, the higher the loss could be.

That is why successful traders always have a range of strategies that not only can be used for any directional view, but also with varying levels of risk.

1. RISK MANAGEMENT

2. MONEY MANAGEMENT ”Don’t focus on making money; focus on protecting what you have.

- Paul Tudor Jones

Losing trades are a part of trading.

2. MONEY MANAGEMENT

The key is to keep the losses at a minimum, and as low as possible.

2. MONEY MANAGEMENT

Successful traders use a Money Management plan to help protect their trading bank.

2. MONEY MANAGEMENT

So if they get the direction wrong, or if something shocks the market, they won’t be wiped out.

2. MONEY MANAGEMENT

In most cases Money Management is the first set of rules that new traders will ignore.

2. MONEY MANAGEMENT

Resulting in a spiralling decent into a trading abyss.

2. MONEY MANAGEMENT

3. TRADE MANAGEMENT

- Bruce Kovner

”Whenever I enter a position, I have a predetermined stop. That is the only way I can sleep.

I know when I’m getting out before I get in.

New traders trade with emotion and have a tendency to hold on to losing trades longer due to fear.

3. TRADE MANAGEMENT

This can lead to disaster.

3. TRADE MANAGEMENT

Successful traders have a plan on how they will exit each trade before they enter.

3. TRADE MANAGEMENT

Part of their plan also includes what they will do if a trade moves against them.

3. TRADE MANAGEMENT

Trade management can be the difference between becoming successful or failing and giving up.

3. TRADE MANAGEMENT

So how do I trade like a professional trader?

We’re TradersCircle and we’re a leading educator for Options Trading on the Australia market.

Phone: 03 8080 5788Web: www.TradersCircle.com.auEmail: admin@traderscircle.com.au

We specialise in training non-traders and traders how to trade like a professional trader.

Phone: 03 8080 5788Web: www.TradersCircle.com.auEmail: admin@traderscircle.com.au

We teach you the exact trading plan of a professional trader who runs one of the busiest options desks in Australia.

Phone: 03 8080 5788Web: www.TradersCircle.com.auEmail: admin@traderscircle.com.au

You will learn how professionals manage their risk, their trading bank, their trades and how they pick direction.

Phone: 03 8080 5788Web: www.TradersCircle.com.auEmail: admin@traderscircle.com.au

You’ll have your own personal trainer to help you practice what you’ve learnt and answer any questions you might have.

Phone: 03 8080 5788Web: www.TradersCircle.com.auEmail: admin@traderscircle.com.au

When you are confident you can trade profitably the next stage is to start trading in the live market.

Phone: 03 8080 5788Web: www.TradersCircle.com.auEmail: admin@traderscircle.com.au

Phone: 03 8080 5788Web: www.TradersCircle.com.auEmail: admin@traderscircle.com.au

Your trainer’s job is to then help you follow your trading plan and avoid making mistakes.

Phone: 03 8080 5788Web: www.TradersCircle.com.auEmail: admin@traderscircle.com.au

At this point we want you to call your trainer and discuss every trade you wish to consider.

This will ensure that you are trading like a professional and ultimately help you achieve your trading goals.

Phone: 03 8080 5788Web: www.TradersCircle.com.auEmail: admin@traderscircle.com.au

Phone: 03 8080 5788Web: www.TradersCircle.com.auEmail: admin@traderscircle.com.au

TAKE THE NEXT STEP

For more information about the Trading Mastery Program simply call our office on 03 8080 5788 or fill in the form.

Warnings and important information.

Any advice contained in this communication is general only and does not consider your objectives, financial situation or needs, and you should consider whether it’s appropriate for you. If you are thinking about acquiring a financial product, you should consider our Financial Services Guide (FSG) at www.traderscircle.com.au and the relevant Product Disclosure Statement (if there is one available) first.

Trading options is not suitable for everyone. There is a risk that you can lose more than the value of a trade or its underlying assets. You should only act on our recommendations if you are confident that you fully understand what you are doing.

Past returns do not reflect future returns, and it is also possible to make significant losses. We employ expert traders and use strategies that maximise returns and minimise risk. However, there is always a risk of loss when trading and investing. This is general information, and is not prepared for your specific investment objectives, financial situation or needs. Consult a licensed investment adviser before making investment decisions. TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041.

Phone: 03 8080 5788Web: www.TradersCircle.com.auEmail: admin@traderscircle.com.au

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