Stock Trading: Perfect Minimalist Job

Many people are joining a movement focused on decluttering their lives, eliminating distractions and focusing on contentment. This minimalist movement is trending across America. There are countless blogs, discussion boards, podcasts and even television shows dedicated to documenting the process of getting rid of material things, and only keeping things that add value to people’s lives. Often times, this change in lifestyle includes people quitting their jobs or changing careers to focus on something they find more meaningful. This might sound outrageous, scary, or even impossible for some people, but it shouldn’t be. The world needs more people with vision and an entrepreneurial spirit. Why not get rid of the job you hate and focus on something you love?

Trading in the stock market is the perfect minimalist job.
Minimal Startup Costs:
  • A brokerage account can be opened without any money.
  • You can transfer a small amount, such as $500, at a convenient time.
  • There is minimal to no overhead and no supplies needed before starting.
Minimal Time Requirements:
  • Focus as much, or as little, time as you want on stock trading.
  • You can learn how to maximize income potential without feeling tied to your computer.
  • When you want to focus on other goals, you can‘stay in cash’ and choose not to trade at all, with no negative impact on your finances.
Minimal Equipment Requirements:
  • All you need is a computer, notebook and pen.
  • You can trade stocks from basically anywhere.
  • Your trading space can be completely free of clutter.
Minimal Distractions from Goals:
  • Stock trading gives you the potential to build wealth while focusing on what brings you joy.
  • The possible increase in income could give you the ability to travel without worrying about finances.
  • The TRADEway program encourages goal setting and shifts your focus to the things in life that are truly valuable.
Choosing to live a more meaningful life is a good thing. Eliminate the things that cause stress and distract you from the desires God has placed in your heart. Start your TRADEway education today, and begin the perfect minimalist job!

The Trick That Made Trading Click

When you have some experience trading, it becomes easier to pinpoint moments when you learned a lesson or had a major realization. You can see how your skills have changed and developed. You can even see how your trading style and attitude changes. I remember the trick that made trading click for me, and I thought, “Wow, I can finally make this work for me.”

I understood how to stock trade. I went through the processes and learned all kinds of cool things. It didn’t become simple until I figured out who I was. I realized was a greedy trader.
As I analyzed my plays, I began to see that I held on to plays for too long when they were going in my favor, and if they went against me, I actually did the same thing. I did that because I hated to lose, yet it was the exact thing causing me to lose. When I figured that out, I made changes that had a huge impact on my trading experience. Stock trading became simpler, and enjoyable.
If you’re having trouble in your trading, or would like to learn how, and you want to know how to maintain focus, the most important thing is to learn about yourself first. Examine how stock trading makes you feel. Pay attention to the things that you do in your trades.
When a trade goes against you, learn from it. When you figure out what it is that you’re doing wrong, and you figure out what your weakness is, you can work to improve that weakness. Use that experience to help you become a better stock trader.

Is It Gambling For Christians To Trade In The Stock Market?

Christians often wonder, is it gambling to trade in the stock market? The truth is, if you look at any business activity, there is risk involved. Some people may call stock trading a gamble, but it is a risk rather than a gamble.

If you don’t have any skill sets, it is a gamble. If you learn skill sets on how to properly trade in the stock market, like the big boys in Wall Street do, you increase your success, and it is business rather than gambling. It does have risk, like all business does, but it also can have the potential for great return.
In the Bible, in the Parable of the Talents, God teaches that He loves educated risk. Jesus talks about three individuals that a wealthy man gave his money to; they were supposed to be good stewards of it. Two of them took risks, and by taking the risk, they doubled the money. The third one was fearful. He didn’t have skill sets, and he buried the money, which made no interest. In the end, the first two were rewarded greatly, and the third one was punished.
Trading is not gambling when you understand how the stock market works. We’ll teach you those skill sets at TRADEway.

Life Lessons Of A Stock Trader

Who likes to follow rules? Numerous psychological studies have shown that people rationalize rule breaking or wrongdoing when it benefits themselves or others. Not many people like to follow rules, but rules are necessary in the stock market.

When you learn the skill sets needed to trade in the stock market, you learn to make calculated decisions rather than gamble. But it is important to follow rules within the system, or else the system will not work.
People tend to give themselves slack when they break rules, especially if they believe the outcome will be beneficial. The problem with this is that you create emotional turmoil that can have a negative effect on trading outcomes.
You must become emotionally mature enough to learn the importance of following the parameters you set for yourself. Understanding the importance of guidelines will lead to the potential of more success

This will make you want to learn to trade

There are many reasons people consider learning how to trade in the stock market. There is often a misconception that the stock market is only for rich men on Wall Street or individuals who want to invest long-term. That isn’t the case. Check out these four reasons people choose to pursue trading:

  • Trading in the stock market is a job you can do from home.
  • It can provide extra time freedom, so that you are able to focus on other goals.
  • There is potential to make extra income for traveling or engaging in activities you’re passionate about.
  • You have the opportunity to possibly build generational wealth and start a family business.
At TRADEway events, we help you learn and apply a very special skill set. It does not take a professional. It doesn’t even take decades worth of education to learn how to trade.
What we do is we break everything down for you, so that you can learn how to do it in just a couple of days, and in some cases, with our online courses, a few hours. You can start building upon these skill sets and begin reaching your goals.

Making Back What You Lost In a Crash

Have you lost a lot of money in the stock market? Maybe in 2008, during the housing crash, or 2001, during the tech bubble burst. You might be thinking, “How can I make it all back?”

TRADEway wants to share two things with you that may help change your mentality and put you on a path of greater success in the stock market.
First: Accept the loss. 
Accept the fact that you have lost some money. Many people don’t do this. In fact, what they do is, they say, “I haven’t lost, because I haven’t sold yet. It’s just a paper loss. It’s not real.” Guess what? It is real. It could get more real if you allow yourself to lose more. So, accept the loss. Stop the loss. If you’re in bad positions, get out of the bad positions.
Second: Look at the money you have left as a tool. 
You still have a tool that could get you to where you want to be. Don’t think, “All right, how much money do I need to make back from the loss?” Instead ask, “Where do I want to go?” Yes, you’re starting with a smaller amount, but this smaller amount can get you to the larger amount you want. Stop the mentality that you need to “make back” money, and instead, make new money. This will put you in a place of contentment, and it will give you a better mindset when looking for good trades in the future.
Accepting your loss and learning how to use the money you have left as a tool can give you the opportunity to create more wealth.

This is Why Trend Lines Matter…

The most important decision a trader will make is when to buy a stock and when to sell the stock. This is why the TRADEway team focuses on the topic of ‘trend lines’.

WHAT ARE TREND LINES?
Trend lines are lines that are drawn on a stock chart that help us identify where the stock tends to turn upwards, and after moving upwards, where it tends to stop and move downwards.
HOW CAN TREND LINES HELP ME?
Stocks often move in reliable, predictable and repeatable patterns, and these trend lines help identify where the patterns are and when the patterns change directions.
WHY DO I NEED TO LEARN HOW TO DRAW TREND LINES?
If we can successfully identify when a pattern changes directions, then we can make informed buying and selling decisions.
At TRADEway, we spend a great amount of time teaching you how to effectively identify where trend lines should be drawn, so you can maximize your potential for success.

What only experienced traders understand…

Most new traders come into the stock market thinking the goal is to win. They want to avoid losing at all costs. Experienced traders understand that they will occasionally lose. When it is time to lose, they will do it every time. They learn to lose well.

If you can lose well, which means lose little, and win big, you can come out ahead. In fact, those experienced traders know that they can lose multiple times, and if they do it properly, setting their trades up right, they can actually win less than they lose in terms of trade number and come out ahead in terms of their account. What that means is, losing small is a huge part of winning big. This is something experienced traders know, and this is something that positions them to win big.
At TRADEway we emphasize the importance of losing well. We want to team up with you and get you connected to our experienced traders so that you can become an experienced trader too.

Can You Guess David’s Favorite Stock Pattern?

At TRADEway we started out teaching short-term trades. We never teach day trades. These short term trades we teach are typically two to three weeks. Many people are surprised when they hear that David Mitchell’s favorite trade is a longer term trade. We call it “Writing Covered Calls.

In the course, “Putting on a Play”, you can learn this trading strategy. It is a six to nine month trade, and you lower the risk slightly by going out longer term. We teach you how to put stop losses at the bottom of the basis rather than letting it follow the stock all the way up, and it creates a great way to play. You can even add writing covered calls to that when the stock dips, because they never go straight up. Every time it dips, you can write or sell a call, and create cash flow. While the stock is moving up, that’s going to help your balance sheet, because that’s like an asset appreciating.
This trading strategy helps your balance sheet on the one hand. It helps your cash flow or your income statement on the other hand. It’s like a business all in itself.

Can You Guess Blair’s Favorite Stock Pattern?

My favorite stock pattern is real simple. When you buy stock, which direction do you want the price to go? Up, right? If you really keep trading simple, you want to buy a stock and have it go up. If that’s the case, then you want a pattern that tends to move up. That’s why I like the uptrend. A true uptrend has higher tops and higher bottoms. It makes new highs. Then, when it makes a low, it also makes a higher low than the last time, meaning it’s just trending up. It’s always going up. Keep trading simple. There are a lot of things that can complicate trading. For me, over the years of doing this, I’m realizing the more simple I keep it, the better it is for me. So if I’m buying a stock, I want it to go up. I’m just going to trade the trend. I’m going to buy the uptrend and I’m going to ride the momentum.