I’m going to level with you…
It wasn’t long into my trading journey before I realized I wasn’t a particularly brilliant trader.
Truth be told, I was more of an “average Joe.”
At times, it felt like big gains were an impossible fantasy.
After a while, though, I realized that most “average” people who achieve unaverage results in any field have one thing in common:
A mastery of the basics.
There’s no need to overcomplicate things.
You CAN achieve your trading goals if you master certain foundational elements…
Even if you’re brand new to trading…
Even if you’re not good at math or spotting patterns…
And even if you don’t have a large account.
Now I believe there are four fundamentals that every trader needs to have in place.
If it wasn’t for these four elements, I wouldn’t be where I am today — over a million in total trade profits over the last four years alone.
So what are those foundational elements you should focus on?
- A basic understanding of technical analysis.
This one is a non-negotiable.
Technical analysis is the compass that will guide you through the markets.
It will help you understand price trends and patterns on charts, identify trading opportunities and make overall sense of the trades you enter.
- An understanding that volume precedes price action.
If technical analysis is the compass that will help you navigate the markets…
Understanding that volume precedes price action, and that price action is reactive to supply and demand are two concepts that will power your ship through the seas and allow you to win trades predictably.
We have a free ebook that explains these two concepts — it’s an easy read and I highly recommend it.
That said, you can have all the knowledge in the world…
But if you don’t have this next element, you’re doomed…
- A trading plan.
Trading without having a plan is like getting in an Uber with no destination — it just doesn’t work.
A trading plan is unique to you as a trader. No two traders will have the same details in their plan.
A trading plan is more than just a business plan…
It’s composed of who you are as a person, your mission in life, the intricate details of executing actual trades, and much more.
But the most difficult part is this next and last element…
- Strict, disciplined loyalty to that trading plan.
The difference between a profitable trader and a non-profitable trader is DISCIPLINE and CONSISTENCY.
Without these character traits, it’s unlikely anyone makes it in this business.
Because if you can’t stick to your plan…
Then it’s as if you don’t have a trading plan at all.
And remember what happens if you don’t have a trading plan?
Listen guys, there’s no magic secret to what I do. My system is based on the four elements mentioned above…
Because when I joined Hawkeye and they taught me how to harness the power of volume…
How technical analysis works…
And how to come up with — and stick to — a trading plan…
My life and my finances were completely transformed.
I was able to erase all my debt and give my family the life they deserve.
Heck, I made more than $430K in trading profits last year alone.
If you told me I’d make that kind of money when I was starting out I would’ve laughed in your face…
But if I can do it by simply mastering these four elements, then anyone can.
Now here’s some good news:
Here at Hawkeye, we love helping traders create their own trading plans.
And what’s more?
Our Hawkeye Mastery Academy contains an entire curriculum where we teach you everything you need to know to succeed in the market:
- The fundamentals of Technical Analysis
- Risk management
- How the market moves
- How to harness the power of volume
- “And much more!
But as I said above, sometimes sticking to your trading plan can be a challenge.
That’s why we created our own private Inner Circle. It’s an exclusive group where Hawkeye traders can interact with other members, ask questions to the group and learn together with their peers.
Here at Hawkeye, nobody trades alone.
So if you’d like me and the Hawkeye team to help you master these four fundamental elements…