The 5 Keys You Need to Build a Lifestyle Income Trading Forex...the Strategies of Successful, Professional Profitable Traders from around the world to Create Their Own Lifestyle Income

© COPYRIGHT 2019 The Trading Coach International Page 1

The 5 Keys You Need to Build a Lifestyle Income Trading Forex



Important InformationCopyright © 2019 by The Trading Coach International All rights reserved.

Published by The Trading Coach International, Melbourne Victoria Australia.

These materials are solely for the use of potential and existing clients of The Trading CoachInternational . Any other use is prohibited.

No part of this publication may be reproduced, stored in a retrieval system, or transmitted in anyform or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise,except as permitted under the Copyright Act, without the prior written permission of thePublisher.

Limit of Liability/Disclaimer of Warranty:While the publisher and author have used their best efforts in preparing this book, they make norepresentations or warranties with respect to the accuracy or completeness of the contents ofthis book and specifically disclaim any implied warranties of merchantability or fitness for aparticular purpose.

The information in this book and on the Trading Coach website is intended to be general innature and is not personal financial product advice. It does not take into account yourobjectives, financial situation or individual needs.

Before acting on any information, you should consider the appropriateness of the informationprovided and the nature of the relevant financial product having regard to your objectives, fi-nancial situation and individual needs.

Trading Leveraged Investments such as Currency Trading involves risk, including the risk of losingmoney.

The Trading Coach does not currently hold an AFS Licence and as such does not and will notprovide specific information, general advice nor specific advice..

No warranty may be created or extended by sales representatives or written sales materials.

The information and strategies contained herein may not be suitable for your situation. Youshould consult with a professional where appropriate.

Neither the publisher nor author shall be liable for any loss of profit or any other commercialdamages, including but not limited to special, incidental, consequential, or other damages.

For general information on our other products and services or for technical support, please con-tact our Customer Care Department within Australia at 1300 86 31 68, or outsideAustralia at www.thetradingcoach.com.au.



About The Trading Coach InternationalThe Trading Coach International was started to show people how they can usethe Strategies of Successful, Professional Profitable Traders from around the worldto Create Their Own Lifestyle Income.

There is a revolution in personal finance and wealth creation.

More people are looking to learn to trade forex and develop a Lifestyle IncomeFrom Home or Anywhere in the World and Trading is a Great Option for manypeople.

The Trading Coach helps couples, families and singles just like you build a ForexTrading and Investing Business to Create a Consistent Positive Income Stream..

You can build a Lifestyle Income & self fund your job-free lifestyle!

But, it takes more to become a Successful and Profitable Trader than just clickinga few buttons on your computer.

If it was that easy, Everyone would be doing it, right?

Our PhilosophyThe only way to true Financial Freedom is through the development of Financial,Trading, Investing and Self Management Success Structures and Skills.

These Structures and Skills Will Support You being Financially Successful, basedupon Your Commitment to Achieving YOUR Goals based on Your Core Values.

Over the last 12 years, we have successfully helped people from all walks of lifeand from all over the world Build Their Lifestyle Income by Trading Forex.

We would welcome the opportunity to talk with you about whether our programis suitable for you, and whether you would meet our criteria.



Table of Contents

Key 1 The Millionaire Traders Mindset page 5

Key 2 Focused Investing & Trading Education page 6

Key 3 A Strong Trading Success Plan page 7

Key 4 Risk Management page 8

Key 5 A Proven Trading Method page 9

BONUS KEY Compounding Your Profits page 10

How to Take Action Now! page 11



KEY # 1 THE TRADERS MINDSET

It is the “X Factor” - that one thing that really doesmake the difference between a Successful Trader whoachieves all their trading goals - consistent growingprofit, “easy” trades and restful sleep and theUnsuccessful Trader, who struggles to make aprofitable trade, makes consistent losses, getting evenmore frustrated with each trade.

Who You Are as a Trader is probably even more important than the methodthat you trade. Traders with resilient, success-focused mindsets tradeprofitably, even with a lesser trading method.

The 6 key aspects that Traders should work on to develop this mindset are:

· Focus Keeping your mind on the trades while you are Trading· Patience The Market Moves in it’s time - not yours.· Determination A Strong Commitment to Achieving your Trading Goals· Detachment Not taking trading Losses or Wins personally.· Curiosity Looking at ways to improve your Trading Results· Balance Obsessed traders are Unprofitable Traders

Of course, there are other elements, but they will depend on the individualtrader - some traders produce better results if they trade in a specificenvironment, while other traders have pre-trade rituals.

One trader I worked with went for a 5 km run before each session to clearhis mind, while another took a nap and still another could only focus if helistened to heavy metal music while he traded!)

Self development and an awareness of whatkeeps you focused will help you performbetter as a trader.

Remember WHY You are Trading - Your Familyand the Lifestyle that you want to enjoy withthem. Engage and involve your family insupporting you as a Trader.



KEY # 2 A Focused Trading EducationSay you’re like the 90%+ of private traders who choose to trade TechnicalAnalysis, you will need assistance to understand how to read the charts andwhat those squiggly lines on a screen actually mean.

There are many thick books on all aspects of trading – covering all aspects ofdifferent indicators and trading techniques and it can be very easy to getstuck in the “Paralysis of Over Analysis” – thinking that you need to knoweverything about all of the indicators before you actually start to trade.

Any Good trader will tell you that you only really need to learn the KeyIndicators that are used to produce consistent positive trades, and thenlearn how to apply them consistently when you trade.

To be a Profitable Trader, you definitely neededucation in the reading of charts.

But; like any other technical skill, once you learnthat, it is already learned and generally you don’tneed to learn technically any more than that.

As successful traders, coaches and educators, TheTrading Coach has reviewed, researched and analysed hundreds of tradingindicators and strategies and have assembled the strongest into a veryrobust Trading Method that is strong in it’s simplicity and ease to follow.

Having an understanding of how to read a chart and find strong TradeEntries and Exits is important.

Equally as important for an Educated Trader are the “non technical”aspects of Trading Profitably, including:

· Risk Management to Improve Profitability· Writing a Trading Plan that Helps You Create Consistent Profit· Analysing Your Results to Maximise Return· Setting and Achieving Trading Targets and Trading Business Goals· Developing the Mindset of a Successful Trader

There is a vast difference between Hobby Traders & Profitable ones - thedifference is that a Profitable Trader is Committed to Building Success.



KEY # 4 A Strong Trading Success PlanIf you want to make an income from trading – whether it be to supplementor replace your current income or to build wealth, it is important to have a“business plan” for your trading venture, just as any business that is looking tomake a profit from their venture would.

This Trading Plan should cover your “Rules of Business” –specifically how you will apply your Trading Method toproduce a Profit (the Consistent Application of a validTrading Method should produce a Consistent Profit Result)

Your Plan should include Your Education as a Trader, Your “BusinessHours” (the times of day and/or market events you will trade), yourprogress from Education through to Profitable Live Trading, the Analysis ofYour Trades to Improve your Profits and even your methods forkeeping a positive mindset, clearing negative self talk, correctinglimiting habits or other mindset barriers that you may face.

It may seem a daunting task to develop your ownTrading Plan, but starting with a well rounded,comprehensive Trading Plan Template, such as theone included in the LIFT Investor Trader Program willmake the activity easier.

The statistics are very clear – the overwhelming majority of traders who donot have or follow their Trading Plan, who do not analyse positive andnegative trades to look for areas to improve, WASTE THEIR TIME AND MONEY,while they become increasingly frustrated, with most quitting withoutmaking consistently profitable trades.

On the other side - the majority of Consistently Profitable Forex Traders havea detailed Trading Plan that Helps them Succeedin their Trading Venture.

Be one of the Successful Traders whoPlans their Trades and Trades their Plan!



KEY # 1 Risk ManagementMost People Perceive the Greatest Risk in Forex Trading is that You Could Loseall of Your Money.

The Truth is that; if you have a Trading Method that Works and You Follow ItConsistently, You have a Higher Probability of Making Money than You DoLosing Money.

The Biggest Risk in Trading (provided you have a strong Trading Method) is NOTthat you can Lose Money - It’s that You Could Do Nothing.

Every Time You Enter a Trade You are Taking the Position that One Outcome WillOccur over the Other.

The Key to Risk Management is that You Minimise Your risk on each trade bylimiting your “worst case scenario” and Maximising Your Profit on Your PositiveTrades.

This is where most Unsuccessful Traders fail - they risk more for less and they don’taccept the one truth in trading - NOT ALL TRADES WILL BE PROFITABLE.

You can DEFINITELY Manage Your Risk in Forex Trading and Increase YourProfitability by using the following Strategies.

· Consistently Use a Higher Probability Trading Method

· While You Learn, use a smaller Initial Position Size & Compound Your Profits

· Trade Only When the Market is Giving You Strong Entry Points

· Use a Strong Stop Loss Strategy - Keep Potential Losses Small

· Following Your Trading Business Plan

· Only as your ability to follow your Trading Method Improves look toIncrease your Trade Size

· Analyse Your Negative Trades to identify knowledge gaps or bad habits andfix them.



KEY # 3 A PROVEN Trading Method

Your Trading Method is your “Rules of Engagement” document that detailsthe indicators, triggers and “Hot Spots” that give you the confidence toenter a trade, hold a trade and Exit at the “best time”.

It’s important to note that no trading method is 100%Infallible – not all trades will be positive.

Your Trading Method should give you the opportunityto enter and exit trades with the highest probability ofproducing MORE profitable trades than unprofitabletrades.

The Key to a Successful Trading Method is to achieve a higher percentageof profitable trades where you achieve more profit on your positive trades,and limit your losses on your negative trades.

Your Trading Method should include strategies covering:

· How to determine the Market Trend - i.e. the expected pricedirection of the Market during your trading period,

(Hint: To maximise profit, successful traders always trade WITH THE TREND)

· At what point is price most likely to stop, retrace or reverse in the tradingperiod,

· How to Enter, Stay In and Exit Your Trades at these points so that Youcan Maximise Your Profit,

· What to do at the End of a Trade to Improve Your next trades,

Developing your own Personal Trading Method can be a long process.

We recommend that you start with a PROVEN trading method that has beenshown to identify stronger potential trade entries and exits, trade this methoduntil you are confident with your ability to follow a plan consistently and thenmodify to suit your personal trading style.

Profitable Traders use the methods that other Profitable Traders Use!

The LIFT Trading Method, available for personal use by LIFT Investor Tradershas been producing consistently profitable trades for over 14 years.



THE BONUS KEY… COMPOUNDING YOUR PROFITS!

Einstein described it as the “Most Powerful Force in The Universe”

And it’s the “Secret” To Financial Freedom that we ALL know… Andthe Wise Investor Uses to Make Their Money Work For Them...

Compounding Your Profits!Smart Traders and Investors understand that the Power of Compoundingallows them to Minimise Their Risk and Build Their Bank CONSISTENTLYat the same time.

It’s simple…. If you make $100 Profit from a 10% return on a $1000 Tradetoday, reinvesting that $100 into tomorrow’s Trade will give you $110 from thesame 10% Profit Trade.

When you compound, your profit starts making increasingly more profit,leveraging it’s power and multiplying Your Results.

Consistent Compounding Over Time Creates FORTUNES!To Create A Million Dollars from Trading and Investing, just follow thesesimple steps Consistently:

1. Set an Achievable Daily or Weekly Profit Target

2. Trade to this Target Consistently

3. Reinvest a Percentage of Your Profits into your Next Trade(set the rest aside as a Contingency to cover costs)

4. Pay Yourself a small percentage from Your Profits as You Go

5. Repeat the Above Steps Consistently

It’s not Rocket Science…

Just Ask Einstein!



HOW TO TAKE ACTION NOW!

The LIFT Investor Trader Business Opportunity was started to help people how usethe Proven Strategies of Successful, Professional Profitable Traders from aroundthe world to Create Their Own Lifestyle Income.

This is the culmination of more than 14 years research, trading, collaborationwith profitable traders, leading mindset coaches and business coaches.

Creating a Lifestyle Income From Trading is in YOUR reach.

The LIFT Investor Trader Program supports our Traders with a program ofeducation, coaching and ongoing support that can help you become a

Successful Consistently Profitable Trader.

To see if the Millionaire Traders Lifestyle is For You, we would like to invite you toa Free 2 Hour “Live the Laptop Lifestyle - Create an Online Investment IncomeFrom Trading” Workshop.

In this Workshop Preview, one of our experienced coaches will show how toGet Started with Your Personal Lifestyle Income Action Plan.

To REGISTER for Your Free Workshop, speak with the Trading BusinessConsultant who sent you this Book, or email

[email protected]

Documents

The 5 Keys You Need to Build a Lifestyle Income Trading Forex...the Strategies of Successful, Professional Profitable Traders from around the world to Create Their Own Lifestyle Income