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March 14, 2010

Trading is 95% Emotional Management!
Are YOU the MASTER of your emotions?

Visit the New Website: www.robindayne.com

Newsletter

Stock Watch 2010


Company Answers Corporation.
Stock Symbol:  ANSW

March 12th Closed at 9.53
March 5th  Closed at 8.45

Positioned as a long trade.

Status
ANSW reacted well this week with many of the markets stuck in a range it managed to see a nice move of 1.08.



Current Investment Opportunity
by CM Capital Services

 
New First Trust Deed
Opportunity

Short Term Loan Pays
10% to 10.25%

CM Capital Services continues to search the western states for quality real estate loans that will yield double digit annual returns for our investors.  Just north of Salt Lake City, an experienced Utah team seeks funds to purchase and complete development of a highly desirable residential community.   

Phase One of The Old Farm at Kay's Creek features 24 distinctive lots zoned for single family homes.  All 24 lots are currently reserved by end buyers.  Our borrower was able to negotiate an extremely favorable purchase price with a local bank looking to get these lots off its balance sheet.   

Proving, yet again, that in this real estate market only the savvy need apply, our borrower is purchasing this high quality development for a fraction of its previous value.  

We are lending 43% of the "as developed" value of this property.  Interest to investors will be paid monthly at an annual rate of 10% to 10.25%.  The loan term is 6 months with two optional 90 day extensions possible.  Take a look at the attached fact sheet for all of the details.

If you are looking for a quality income investment that is short term, then act quickly and call or email us at the numbers below.  Our investment minimum remains $10,000.

Current Opportunities

First Trust Deed Opportunity
Old Farm at Kays Creek, LLC Loan #3289


For More Info Contact:

Jay York
jyork@CMemail.com
702-739-9090
Be sure to mention this Newsletter


Trader Testimonials

The day in 2007 that I e-mailed Robin for help, I was ready to give up trading. I was at the point where just looking at charts would give me an anxiety attack. I was literally frozen at the screen. Whenever I did manage to trade, invariably it would be a loss! I needed help, fast. 
With the coaching, several blocks that had set in over a period of time were identified and "scrambled" or neutralized. Within a very short period, my fear of losing again was no longer freezing me up. My anxiety was a thing of the past. I could trade again!

Over time, other blocks popped up, which I scrambled with a similar positive outcome.

Robin teaches you to scramble, using a very simple technique that you can do with a friend or partner, for trading or even for other issues in your life. 

With the 1-2-3 process, Robin taught me to analyze each and every trade taken, good or bad .Previously, when I had a winning trade, I just basked in the short-lived glory of the winning trade, and conversely just buried my head in the sand when I had a losing trade, I did not want to re-live the pain! So I was not learning from my mistakes and I wasn't learning from my successes. By facing each trade and making a proper objective analysis, I could then construct a set of my own rules for trading, based on my theoretical knowledge of technical analysis.

Over time, these rules were refined and adapted. This provided me with a trading plan or system that suited my personality. This was crucial to me, as there are 1000 ways to trade, but none may be suited to you or your personality.
Working with Robin has given my trading a rock solid foundation. I am eternally grateful to her for this.
EDNA


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"3 Emotional Triggers to Avoid"

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"The Trader's Coach
"
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"Self Analysis of One Personality
Who Am I?"
 
By Robin Dayne

Finding the answer to this question is important to determining and evaluating variety of trading challenges. Being honest about ones short coming allows for solutions that create different results as they trade.

The power is in knowing a trader can admit to their weaknesses and be totally honest about, who they are. Unfortunately we all have our weaknesses and in other occupations it is easier to adjust them or cover them over.

Let's say you have an anxious personality and that things have to be done right away. You are "quick minded" and learn very quickly. Well, this may come up now and than and even be an asset in another work environment but in trading it WILL have a direct impact on your trading entries. Rushing in and out of trades can seem almost impossible to control if anxiety pops up as an emotion. Slowing down and logically thinking about what to do verses being impulsive creates an atmosphere of being out of control.

So what's a trader to do once they identify their shortcomings?  

Firstly, new traders lack the experience and are aware that trading brings to the surface ALL their emotional baggage whether they want it or nor not. Second they're unaware it's having a direct effect on their trading and third they have no idea how to fix it.

Even though it is more prevalent with those starting a trading career even seasoned traders have emotional challenges they have yet to address. So here's the key, be totally honest with, who you are, by noticing what's happening and taking responsibility for it. Having a weakness is OK but the important part is to find a solution and work on what needs to be changed as soon as it's uncovered.

Let's go back to the anxious trader example. Most likely this past asset is causing entries that are too soon or entering not at the best price point, subsequently this will have an effect on the profitability of the trade.  The feelings of frustration take over and this trader will need to work on patience in the moment when placing the trade right when it is time of the entry. So how can controlling the trade replace the anxiousness?

Remember there is always power in a question, especially when solving a challenge like this. Once you know the problem working it through to a solution is the primary goal.

So here are the questions that can help to uncover and solve the problems that the trader can take control and be more patient; Asking the questions as soon as they are in the precise moment anxiety is occurring, helps.

First begin by asking:

Am I being anxious?

Am I rushing into this trade?

Am out of control?

If all the answers are "YES" than begin the process of solving them coming up with answers. Here are a few examples:

Possible Answers:

1) Create a new "set up" of the entry indicators so it will uncover a more precise price point to enter the trade – this creates and confirms more emotional "certainty". Also by looking into the details your mind is occupied with finding an answer and doesn't have time to slip into anxiousness.

2) Place the entry of the trade in the system based on the results of the evaluation of the indicators. Place the entry at a specific price point BEFORE it happens. This will keep your mind disciplined to your trading strategy and keep you from rushing into a price you really don't want. Let it execute automatically take the baseball approach to trading. "Wait for the right pitch" verses swinging before the ball comes over the plate.

This way keep all emotions are in check, certainty will flourish and your thinking is "in the moment" of the trade. The mind is answering exactly what's really happening in the reality of the trade. This also takes the guess-work out and doesn't give the mind any chance to let emotions a time to take hold, forcing a bad reaction.

Attacking the trade this way is what we all are searching for and "automatic" precise reaction verses a knee jerk reaction from an emotion. This is the primary reason so many traders gravitate to automated systems to use as they don't give way to emotions and incorrect actions.

So bottom line is: questions can be your best friend because they temporarily put a stop to mind creating unwanted emotions. The basic reason is simple. When you ask your brain a question it has to stop and search around for the answer. Use questions, in your trading to stop emotions and also work each challenge through to a solution.

You will find this can have a dramatic effect on your trading. Work and control of the mind is our greatest power, use it to work in your favor.

….and great trading!


Disclaimer/Nondisclosure 

ALL the information in the Robin Dayne Newsletter is for educational purposes only and is the sole property of Robin Dayne Inc. (RDI) and may not be duplicated, recorded or reproduced in any way and includes: verbal, print, e-mail, or any media vehicle without the written permission of RDI.



Top Traders Advice



Futures
By Chris Vermeulen

Technical View of What's Next for Precious Metals, Stocks & the Dollar
March 14th, 2010

Last weeks price action unfolded just as we expected. Money poured into stocks with the focus being on small cap, banks and technology stocks. The fact that these sectors are showing strength while utilities, health care and consumer staples lag is a good sign that investors are once again taking risks in the market.

Because investors and traders are bullish on the stock market again the money flow into the safe havens like Gold and Silver decrease.  I believe this is the reason stocks moved up last week while precious metals drifted lower.

Below are three charts (Dollar, Gold and Silver) showing what I think is most likely to happen in the coming week or two.

US Dollar Index – Daily Chart

The US Dollar has put in a very nice bounce/rally since the low in November 2009.  Last month the dollar finally reached a key resistance level of 81.  I have been talking about this major resistance level since January as the Dollar would find it difficult to break above this level. Read More


Futures
By Chris Vermeulen

Video on How to Day Trade Spot Gold & the Indexes
March 13th, 2010

Last week was an exciting one for intra-day traders who follow the spot gold and major stock indexes. Actually, since early November 2009 the market has been performing very well for us.

As we all know the market is consistently changing its price patterns and momentum from up, sideways to down, which in turn affects everyone's trading results for any given month.

For swing/position traders who trade using the daily charts they will find some months will favor trend trading strategies, while other months favor short term range bound strategies, and other months that just are not good for trading at all like last November and December.

During extremely choppy market conditions such as we saw last November and December, the market was up an down like a yo-yo. Swing/position traders had a tough time making money, and speaking for myself, once the market gets like that I patiently sit in cash or hold very small positions.

The good news is that when the market become choppy and swing traders are having a tough time making money (which is fast intra-day up and down movements), day traders come out of the wood work like fire ants. There are crazy amounts of money made and lost during high volume intraday trend reversals and pattern breakouts.

Day Trading Spot Gold – YG J0 Gold Mini Futures Contract

Here is a quick video I did of my trade in gold on March 9th.  This video shows a trade using the 5 minute spot gold chart profiting $6.00 per ounce with minimal downside risk. Depending on what you use to trade gold - Futures Contract, ETF or CFD - you could have profited $600-$2,400 in less than 2 hours.

This is the second video I have ever done so it's nothing fancy by any means. It will take me a few more videos to get a good understanding of them as I do plan on doing weekly videos in the coming weeks and will be sure to make them more exciting.

Day Trading Video Link:

Read More


Options
By Stan Moore

1050 or 1250? which direction
March 14th, 2010

The S&P market topped out on 1/19/10, declined almost 10% and quickly moved to erase those losses over the next 5 weeks. I did say this would be the year of the trader with the market indexes going nowhere while individual stock pickers, traders and the like would do quite well. Recently I heard the phrase "fade and trade". I still like buy the dips and sell the rips especially with cheap OEX options.

This week we should get the answers we've all be waiting for. The market abhors uncertainty. Early next week Senator Dodd will re-introduce "His" financial reform bill versus forwarding a hoped for bipartisan version. I understand that markets may not react well to his version of reform.  We learned the "Sorbox" only placed costly new regulations on companies that did nothing to prevent another Enron. See 2,200 page report on Lehman last week. Sounds like another Enron to me. Regulation, while helpful, will never prevent fraud.
Read More



Quote of the Week

"Never give up, for that is just the place and time that the tide will turn."

Harriet Beecher Stowe


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