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May 23, 2010
Trading is 95% Emotional Management!
Are YOU the MASTER of your emotions?


There Will be No Newsletter Next Weekend!! Enjoy the Holiday!


Newsletter

Late Breaking News

Chris Vermeulen
Gold, Silver & SP500 Trading Charts
& Video
May 23, 2010


Stock Watch 2010

Company Answers Corporation.
Stock Symbol: ANSW

May 21th Closed at 7.86
May 14th Closed at 8.19

Positioned as a long trade.


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 Coaching
helps Traders


By Robin Dayne

 

This topic is meant to open up the minds of those who are closed or apprehensive about getting help on emotional management when they know they need it. All too often traders keep things inside without having an outlet for venting their problems or releasing their pent-up thoughts. When I suggest coaching there are those traders who say “Oh what can coaching do for me, I can handle it on my own?” To be honest I am amazed because we ALL could use some form of coaching at some point to improve our lives. Some of the top and most successful traders have coaches to assist them in keeping their lives in balance because an outside point of view can bring perspective and stimulate thinking.

For traders it’s very important to have an emotional outlet especially when things are off. Those outside trading just don’t comprehend or understand what goes on in a trader’s mind or can relate to what they deal with in day to day trading. In fact, one of the rules for my coaching clients is, NEVER talk to those who don’t trade about trading. It can only lead to trouble and confusion.

How do you possibly talk to a non-trader about the topic of losing? What trader wants to talk to their friend about losing? For that matter what trader wants to talk to their spouse or significant other or better yet another trader about losing?

So having a coach provides a place to “dump or vent” and off load the mental pressures trading can produce. It’s like taking the lid off the whistling teapot when it’s boiling. Letting go of pressure is critical to a trader’s health and wellbeing.

Pressure and tightness can have a physical impact on the body. It can lead to a tightening of the stomach muscles, which in turn can release stomach acids that can create an environment that is fertile for internal problems like ulcers. No joke here. Holding emotions in for a trader can be damaging to ones health.

You may not be old enough to remember but in the old days if you met someone who was a stockbroker the first thing you thought or even said was “Oh you must have ulcers” and sadly most of them did. Now this was before computers and all the innovations we now have that help us navigate the market today. Old time stockbrokers really had a hard time. Today we still have emotions as part of the trading equation to manage but it’s different, as they have shifted to the day to day management for the individual trader who have decided trading is their profession lively hood.

Over time traders and particularly men who trade have a tendency to hold things back and not find an outlet where they can “dump” let go, release and unwind. Women run into this as well but tend to talk with other women regardless.

Having someone, who understands what’s going on and even make suggestions on how to change or improve things can be a big relief and have a positive impact on success. Coaching can bring an important balance we all need.

If you are a fairly new trader (1-10 years in the business) you may have had the thought that YOU were the ONLY one experiencing a particular problem? Because you never heard anyone else talk about it and so you must be the only one. Well just knowing you are NOT the only one and everyone has gone through the same thing at one time or another can bring a certain level of comfort. When we are at home alone trading isolation can work on the mindset and feeling disconnected and having someone to talk to that understanding can bring relief.

Getting help is a challenge for the ego. Some have the belief that if they have to ask for help it’s a sign of weakness. When the reality is, it takes a great inner strength, security and determination to ask for help. Traders who explore the possibilities of coaching move forward faster in their careers than those that do not. Asking for help requires letting go of ones ego to and a fierce determined to “get it” no matter what.

Look, you have to admit that trading is such a unique and different business from most other professions out there. Emotionally, it requires discipline, flexibility, determination, calm, focus, resourcefulness and lots more to succeed. As trader’s, we are consistently having to modify and refine what we do. We just don’t learn one thing and do it over and over. Read More

 

 

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

Mid-Week Gold Oil, Dollar and SP500 Report
May 19th, 2010


It has been an interesting week in the market as stocks and commodities push to extreme support levels. Below I have posted some charts showing where the market is currently trading at and what I think is likely to unfold.

Gold Futures – 4 Hour Candle Stick Chart
The price of Gold is testing a key support level. I figure we will see gold try to stabilize over the next week or so as it digests the recent drop in value then start to head back up

US Dollar Index – 60 Minute Candle Stick Chart
The US Dollar and gold have been moving together the past few weeks as more countries pop up on the radar for serious financial issues. This is helping to boost both the US Dollar and gold as investors around the world starting buying what seems to be safety. The dollar has had a sizable pullback and is now testing a key support level.

This could be the start of a possible Head & Shoulders pattern forming which means the dollar rally could be nearing maturity in the next couple weeks.

Crude Oil Futures – Daily Trading Chart
Oil has been under serious selling pressure because of the rising USD. It has now dropped to a key support level and is starting to look very interesting. If the US Dollar bounces in the next week or two it will keep downward pressure on oil. I think this bottom is going to be a process not a one day event.

SP500 – Daily Trading Chart
Stocks have been under dropping like flies the past few weeks and shorting the SP500 last week at 1170 has played out very nicely for members. The broad market is giving me mixed signals and when I am unsure of a trade I stand on the sidelines. It’s always better to sit in cash and watch things stabilize than it is to watch your hard earned money evaporate. We could see a wave of panic selling in the stock indexes testing the previous lows so be cautious.

Mid-Week Stock & Commodity Trading Report Conclusion:
In short, I feel gold and the dollar will bounce in the coming days from their support levels. This will keep pressure on oil & the SP500 holding them down near support. Once the US Dollar forms a possible right shoulder we will most likely see them pop and rally.

We are still 7 trading days away from a cycle low on the broad market making this scenario very likely to play out. At the moment I am getting a lot of mixed signals and during times like this I prefer to stay in cash because volatility will rise and it is easy to get shaken out of trades..Read More


Futures
By David Banister

SSEC Completing a Correction?
May 19th, 2010


The recent Shanghai Surprise has been breaking that potential bullish triangle I outlined several weeks ago with a downside break of 2900. Subscribers to TheMarketTrendForecast.Com may recall that was my line in the sand for the SSEC index to remain bullish. With the break of that possible bull triangle, the SSEC index has fallen down to near 2500. Everyone on CNBC is bearish on the Chinese Indexes now, and I can’t find any bulls for that country either. They were everywhere several months ago, and now, nowhere to be found.
What I’m seeing as a possible intermediate “BULLISH VIEW” is that the Shanghai Index is completing what is known as a “3-3-5? wave pattern. This means it’s an A B C zig zag to the downside, which works off the prior bull move from 1600-3400. So far this correction has re-traced a bit over 50% of that bull move, which would be typical and would kick everyone off the bull.
A 3-3-5 correction unfolds in a series of wave patterns. 3 waves down, 3 waves up, and then 5 waves down to complete. I outline this potential pattern below in the SSEC chart. This does not mean I will be right, merely that this is a very valid and normal corrective pattern after a massive bull wave up. The index is extremely oversold as well on traditional indicators, which I use to overlap my Elliott Wave views.
This forecast could mean some Chinese stocks are super cheap here, and it will be fun to watch the action from here. The index could drop to about the 2300 range and still validate this bottoming pattern. That means there could still be another 8% or so drop from here, but aggressive investors would start scaling into long positions over a few weeks. Indeed it was January of 2009 when I started recommending small cap indexes and mutual funds, but that index didn’t bottom until early March of course. Scaling in was wise though, as the TNA 3x ETF soared from 11 to 60 during the bull phase up. I started buying at 28 and down to 11, so my average was around 20 or so.

Worth watching anyways… Read More


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