Swing Trading Guru Transcript 1. Title Slide 2. Good Day Fellow traders, this is Roger Scott from Market Geeks and today I have yet another video tutorial for you. Before I begin I want to remind you to subscribe to our channel for swing trading videos and trading tips. 3. Today topic is going to be swing trading guru and do you really need one? The reason I think the timing is really right for this video is because of all the talk this past weekend I heard from the news media about a market crash, so I thought that this would be a great time to address this topic. 4. Last week the stock market was approaching a 5 year price high. That’s right traders, if you don’t recall the Dow Jones has not been around the 14,000 area since 2008. 5. There has been other news released recently that the housing market is beginning to pick up as well. This in a nutshell is a good sign for the U.S economy in the long term scheme of things. 6. But what I did notice is every time the market comes down a few hundred points, there’s no shortage of experts or guru’s who come out and begin making very strong statements about the future of the stock market and the economy in general. 7. There have been at least 2 dozen reports from so called Swing Trading Guru’s, Advisers and Experts that the stock market is crashing in the last 72 hours. 8. All you have to do is go online or check out your local newspaper and you will see quotes from dozens of swing trading guru’s. “5 Signs Stocks Will Collapse in 2013″ – Money News “Stock Market Crash 2013″ – Triangle Wealth Blog “Stock Market Crash 2013″ – Pinnacle Digest “Stock Market Crash Prediction 2013″ - Advisers Perspective “A Massive Stock Market Crash is Imminent” – Before It’s News “Markets Will Blindside Investors in 2013″ Money Watch 9. As you can see from the quotes I just showed you, there’s no shortage of experts or guru’s who think they can predict where the stock market is going next. What’s interesting is we tend to see these announcements at times when the market looks like its making new high’s in price. 10. It’s almost as if the experts pick the worst time to scare the public into getting out of the markets. Here’s my take on all of this……whether you listen to my advice or ignore it is entirely up to you, BUT I have been trading for twenty years and I have seen many bullish and bearish market cycles. I have also monitored and
subscribed to many “swing trading guru services” in the past, especially when I was starting out. 11. Here’s one thing that I know to be true No One Can Predict Where the Market Will Go Next, NO One!! 12. I’m going to tell you from many years of negative experiences, that I never made one penny listening to any advisory, guru or expert trading service that advised me what position to take. 13. I can also tell you from training hundreds of students and speaking with dozens of traders on a daily basis for years, there has not been one trader who I have ever met that made any money listening to an expert, advisory service or guru that claims to know what the markets will do next. 14. Don’t confuse Guru’s, Experts, and Advisory Services with Knowledge and Education, there’s a big difference between these type of services and companies that provide solid trading education, so that you can learn to do your own market analysis. This is the major difference between Market Geeks and many other companies. You need to learn how to use the indicators and apply them in a way that makes you feel comfortable with the decisions you are making. 15. Trading has to come from inside of you, no guru or expert can do this for you. These experts or guru’s take advantage of people during times when markets are volatile and people are scared or concerned about their positions. When people are scared they are vulnerable and when they are vulnerable they make bad decisions. 16. The best type of trading advice I can offer you is to learn how markets work, learn about risk, position sizing, expectancy and proper money management methods. These tools and skills will help you make decisions based on logic, mathematics and reality and not some opinion from someone who wants to take advantage of your mental state. 17. Don’t fall for this trap and take control of your financial future. Learn how to make your own trading decisions and become an independent thinker. No one will help you make positive changes until YOU decide to do it. If you want to build real market knowledge then forget about all the trading experts and the swing trading guru that scare and manipulate you into listening to them every time the market
adjusts or corrects itself. We can’t predict the markets but we can help you make logical trading decisions based on odds and real market experience, not some guru who is praying on your emotions. 18. That’s it for today’s video tutorial. Thanks again for watching. Please visit MarketGeeks.com for your free swing trading report and please don’t forget to subscribe to our channel for swing trading videos and trading tips. This is Roger Scott wishing you the best in your trading. http://www.marketgeeks.com/swing-trading-guru/