You might have heard that between 90-95% of traders don’t succeed.

It is not because of their intelligence. The majority of people who get into this business are smart and you are one of them.

What separates the 5-10% of successful traders from others is that they know in order to succeed in their trading business, they have to have an inner and outer approach. They have learned to master their outer game as well as mastering their inner game.

The key question is how to master your inner game.

For years, you might’ve heard that the key to successful trading is to leave your emotions at the door.

You might’ve heard that you need to have ice in your veins.

Does any of this sound familiar?

I am here to tell you that this is a myth. Yes, you heard me correctly.

The most successful traders don’t ignore their feelings. They understand their emotions/ internal signals and have learned how to harness them so they can be profitable and have the lifestyle that they desire.

By learning how to manage your emotions/internal signals, you learn how to be present and stay in your trading zone. You learn how to develop your instincts.

There was a study done about the most successful CEOs. The key differentiator was that they had learned how to trust their instincts/gut feelings! You are all CEOs of your own trading business.

We are human beings and we are full of emotions. Our emotions/internal signals have a job to do and are full of information. It is not about ignoring them. It is about understanding them and learning how to manage them…

Think about this, when you get your data and your signals, you are not ignoring them. Are you? You look at the patterns and make your decisions accordingly. You dedicate a lot of time to studying your charts, your patterns and your signals. Yet you are ignoring the most important one of all, your internal signals and patterns.

Your emotions/internal signals are your most important data source. You need to understand:

1. What are your emotions/internal signals telling you?

2. Do they serve you?

3. If not, reprogram your reaction to those internal signals.

Harnessing these powerful signals gives you the edge needed to succeed in these markets.

Here is to making trading success your habit™

Last week I attended The Traders Expo. Also, I had the pleasure of presenting at Gail Mercer’s 3-day seminar. Her website is www.tradershelpdesk.com and she has a complimentary chat room that I recommend you to check it out.

It reminded me of how we look at trading. A lot of people forget that this is a business and needs to be treated accordingly. The majority expect to be as good as their mentors right away.

They are told that success can be achieved immediately. The truth is that you can learn the process immediately. But, like any other business, you need time and practice to develop the skills and the art that are required to be successful.

It is very important to manage your own expectations or you face disappointments.

When you are ready to take your trading business to the next level, you can check out my Consistently Boost Your Profits program. The next one starts on Mar 28th, 2011.

Here is to your trading success and profitability…

Nazy