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May 16, 2010
Trading is 95% Emotional Management!
Are YOU the MASTER of your emotions?


Newsletter

Late Breaking News

Chris Vermeulen
Gold, Silver & SP500 Trading Charts
& Video
May 16, 2010


Stock Watch 2010

Company Answers Corporation.
Stock Symbol: ANSW

May 14th Closed at 8.19
May 7th Closed at 8.14

Positioned as a long trade.

Status

This week ANSW took a hit reacted with all the other stocks and hit a mid-week high of 8.30 to finish the week at 8.19 a slight gain over the previous week. They published their Quarterly results and said: “We are pleased with overall Answers.com traffic and revenues, which grew 41% and 21% year-over-year.” The WikiAnswers component’s traffic and revenues grew 69% and 42% year-over-year,” said Robert Rosenschein, Chairman and CEO.


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

"I can not even begin to express my gratitude to Robin for all that she has helped me to accomplish in such a short period of time. When I first called her, I was an emotional mess. I was in a place that so many new and experienced traders can one day find themselves. I was totally "blocked" as Robin would say, frozen, and paralyzed to a point where I was no longer able to take a trade. On my first phone call with her, she put me through her "Scramble" excersize, and the block became something that was a thing of the past. Not only was I able to trade again, but I immediately started to trade profitably again. It doesn't stop there though, because I can truly say that she has helped me to create a strict discipline around so many different aspects of the emotional side of trading. This has allowed me to increase contract size, and increase the size of my account.
As I have continued to work with her, the rules and the discipline have continued to grow. Eventually, I'm positive that she will help to me master myself, and as a result, master the art of trading. The bottom line is this: you have to work hard to get this, but if you are willing to work on yourself, Robin has the right tools, and expertise to help you get to where you want to be. Thank you Robin Dayne! You are the best!"
Jeff - NYC, NY


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“How to Maximize Your Learning - As A Trader

By Robin Dayne

 

With so many unhappy with their jobs or getting laid off Trading Seminars and Workshops to change careers are sometimes the solution.

But how does someone go to one of these Seminars and learn as much as possible and be able to trade like the instructor?

This is the million dollar question.

Let me explain the challenge. For someone to trade like the teacher you have to see and understand what they are teaching the way they see it. Now, you’re going to say well I heard what he was saying and I even took lots of notes so I got it! WRONG! The reason you might be wrong and I am not saying all of you are, but are you hearing the information the same way the teacher is saying it or are you on the same wave length?

You see, we are all different in the way we hear and process information. Even when they hear the same thing, as they hear it, it’s being filtered through our mind and each minds filters processes differently.

When I did my work with Anthony Robbins and he had a seminar of 3000 people he would do this exercise showing this phenomenon. He would break the room of 3000 into groups of 5 people and ask them to pick a word lets say “education” and he would have each group right down 5 words that they associated with the word education. Then he would have each group of 5 compare their lists to see how many words they had in common.

So what do you think? Out of 600 groups how many had 5 words out of 5 words in common in their lists? Nope! ZERO! 4 out of 4 Zero,3 out of 3 in common many we would see 1-2 out of 600! And 2 of 2 and 1- 1 maybe we would as high as 5 groups OUT of 600! I saw this exercise over and over and the same results happened. It used to blow my mind I would ask how could that be possible?

Now think about this, this is one word not a sentence, not with technical indicators and not with ever changing market conditions. How we learn ANYthing is really the miracle, isn’t it? So now your saying; “So what do we do how do we get on the “same wave length?”

Firstly, it’s very important to get the details and as many as you can when attending any seminar or workshop. Asking great questions can get to the heart of what you are learning and get you in touch with what the instructor is trying to get across.

Questions are your power. In fact, I always say the only bad question is the one that didn’t get asked. The power of the question is in the “quality” of the question.

When I was on Wall Street in the trading room I would often sit next to the top traders and work to define what they are doing exactly to teach it to others. At that time, in the hay-day of day trading we never used charts. So when studying different trading techniques as they placed the trade I would say: “What are you looking at specifically that caused you to take the trade and what is the sequence your eyes move around the screen?” What do you look at first second and third?

Doing this, would produce, great answers and how that trades patterns around the screen would happen. To gather the data and than place the order the same way getting the same results is the key. I would do the same thing for exiting the trade and it was very accurate.

At a seminar you don’t really have the opportunity to get so myopic but questions should be as specific as possible. Especially if you are watching someone trade live and the trade works out.

Asking a very specific question may get to what is really in the head of the trade (teacher). There intuition may come through.

Teachers that do not get specific and trade from their intuition are very difficult to replicate because your intuition is not developed yet based on their system. So specifics ARE critical in order for you to trade the same way as the teacher. Remember intuition comes with time, experience and repetition.

Even when you get the specifics, getting on the same wave length can be a challenge. You may come to the trading desk with additional “baggage” - fears or emotional blocks already built in and that will really have an affect on your results and actions.

My goal is not discourage you from trading. My goal is to give you an edge and give you suggestions to speed up the learning and even become a veracious learner at that. I have called it in past articles, “digging.” finding the distinctions and developing the rules that will keep you safe but have you learn quickly and at the same time keep you out of emotional reactions.

One of the major reasons I developed the CD -”Sharpen Your Trading” was because I found so many traders didn’t have a methodology that would allow them to expand their trading knowledge at a fast pace. This CD gives a trader a way to do this no matter how experienced or what type of trading they do. It also gives the trader several emotional challenges to be aware of and solutions to managing them. It creates habits that will be a foundation for any trader and will speed up the learning curve if you use it.

This is so important to your trading and to move towards success as quickly as possible. I know you’re saying I am trying to sell you something…….but I am not I really want traders to succeed and we all need some form of help.

So to encourage you, as a Holiday special I am taking $100 off the CD price as my gift to you. But here is the thing….you cant order it on the net in my store you can only get the discount if you call me directly because I have to place the order manually.

Additionally, if you are thinking of coaching as well, I am adding an additional session to each coaching package purchased. So as an example a 5-pack is now a 6-pack for a limited time only and again you have to call it in to get the special. That’s a $500 value and well worth it!

Ok let‘s get back to the topic of learning. I would like to give you a few things to do that will also help speed up the learning curve you may want to consider adding into a routine so it becomes a habit. Note: A habit if formed with 21 consecutive days of repetition.

Journaling
First be sure you are journaling your trades the more detail the better and use the details. Compare the results over a period of time and see if you can create a new rule or distinction within the set-up criteria or any part of the trade. As an example let’s say you had a short term trade and you want to fine tune the exit. Time each of the trades from beginning to the end and after a week or month notice the length of time it takes to work or not work, from the data determine the length of time for this trade to succeed, where you have a greater percentage of locking in cash. Now you have a new rule. Read More

 

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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


Equities
By Michael Markowski

Euro to resume its slide due to failure of chock and awe strategy
May 11th, 2010

The Euro’s inability to sustain a rally against the U.S. Dollar on the weekend’s shock and awe $1.0 Trillion bailout by the 27 members of the Eurozone strongly suggests that the Euor is much technically weaker than even I expected. In my May 10, 2010 post I said that I believed that the actions being taken by the Eurozone over the weekend would likely slow the rate of descent of the Euro against the Dollar. The Euro was unable to sustain a viable rally against the U.S. Dollar on Monday on the news and on Tuesday fell back and is now within a couple of pennies from fresh 14 month lows. Based on its recent action I now believe that its rate of descent will again intensify and go back to the same trajectory it was on late last week.

The reasons why the Euro can not sustain any momentum are as follows:

• The loan and guaranty package that the ministers agreed is so liberal that it will enable the Eurozone’s weaker countries to not have to take the severe austerity measures that the countries would have been forced to take before $1 Trillion plan was unveiled.

• A big problem with the shock and awe plan is that it called for all of the Eurozone member countries to participate in making the loans on a pro-rata basis. This means that a country such as Spain who accounts for about 12% of the Eurozone’s GDP and who will likely need a handout of a couple of hundred billion Euros would also be called on to provide the funds to bail out other Eurozone countries who are also having financial difficulties.


Futures
By Chris Vermeulen

Are Precious Metals and Indexes going Parabolic
May 12th, 2010


It’s been an exciting couple weeks in the market with gold now making new all time highs as money floods into this shiny safe haven. It has everyone all worked up wanting to take part or they are riding the rally up already. But the big question is when should some money be taken off the table to lock in gains and lower your overall risk during these crazy times?

Below are a few charts showing you how I see things at this time.

GLD – Gold Exchange Traded Fund
The price of GLD and gold appear to be going parabolic (straight up). The tough part about this type of price action is that large moves can happen in a very short period of time. But on the flip side, when the price reverses we tend to see prices fall just as fast if not faster. Trading this type of price action carries a very high level of risk. Those chasing it up buying at these overbought market conditions is a double edge knife..Read More


Options
By Stan Moore


Kill the Quants or the next 1500 points will be down
May 9th, 2010

Over a year ago I was hearing and reading about high frequency trading (HFT), flash orders, predatory algorithms and other such terms but it's only in the last few months that I begun to fully understand what weapons of mass destruction (WMD) these trading programs truly were. Sure regulatory government agencies knew about these programs but the SEC was sold a bill of goods that these programs "provided liquidity" to the markets and were absolutely necessary. So the SEC drank the "Kool Aide" supplied by Wall Street and the hedge funds. Can these guys (SEC) really beat GS in a trial? I don't think it will come down to that. GS is under tremendous pressure to settle. Too bad!

Let's try to understand what really happened this past week especially Thursday. First let me tell you there was no trading error according to the CME exchange!! There was no "fat finger" as "They" would like you to believe. Our market can handle Billion $ buy and sell programs. I've been talking for months now in the Chat Room about this low volume rally. I exited all my equity holdings over 3 months ago to concentrate on E-mini, weekly expirations, option/S&P hedging strategies and BTIM. The returns have been quite adequate. For example, BTIM is up over 60%. Stocks were no longer attractively priced.

By now you've all heard about the "Shadow Banking System" I've talked about for years and how it totally fooled the Regulators. Remember B.B. saying sub-prime was not a problem? I told you it was a serious problem for the markets way back in early '07. Now say hello to "Shadow Liquidity"! So long as there is nothing wrong in US markets, the depth of liquidity that is, the amount of stock, currency, futures, etc. you can trade without materially moving the price is impressive almost certainly the best in the world.

Largely unnoticed and least known among nonprofessional investors, liquidity has changed immensely in recent years because traditional providers of liquidity in the past market makers and other participants are not standing so ready to make the other side of the trade. Today, the machines (computers) are in control! Today, in the snap of your fingers, a computer can complete over 20,000 trades. So now fewer market makers are prepared to make a market for the sake of market health. Potential market makers find that others, such as HFT traders, are jumping in and out in front for pennies and thus frustrating many of these former market participants.
Read More


Futures
By David Banister

Broad Market and Gold Projections
May 10, 2010


We were in front of this latest downdraft and also correct in my bullish projections for Gold at the same time. Gold has hit 1210, the SPY has hit sub 113, which was the initial area for a minimum bottom. We have to put aside some of the computer related problems and look at around 110-111 as the recent bottoming areas on the SPY ETF.


I’m looking again for the SPY to work it’s way down to 94-97 and probably over 4-5 months from mid April. My projections are for a bottom on or around September 15th, plus minus a few days. There are trading opportunities during this 5 month correction in this bull market, so it does not mean one has to be 100% in cash. However, mutual fund investors and index investors are best to be on the sidelines for the most part.


Below is my projection for the SPY ETF on a go forward basis. Back in November of 2009 I actually projected 121 on the SPY when it was trading well below that figure for an initial market top. Therefore, my projections now for 94-97 seem reasonable to me using my methodology, with potential to spill within a few points of that 94 bottom to 91-92 ranges on an oversold situation..Read More


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The objective of this newsletter is to create a dynamic group of serious traders that realize the importance of a great trading mind set. I am dedicated to getting the word out since it represents 95% of the game and I will be making every effort to assist you to your ultimate success. But the reality is I can't do it all alone and so if you come across any other trading resources you think we should feature or post, I would love to hear about them and add them to what we are doing.

The links we feature are for educational and informational purposes. If you feel anything is inappropriate, please feel free to tell me as well. We are all in this together! So thanks, and as always, be happy, healthy, have fun and be responsible!

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