About

Hello everyone, & thank you for visiting my website, one which is dedicated to the science and the art of ‘Day Trading.’ DayTradingLife.com

My name is DowBoy, a day trader from the UK

Presently there seems to be an abundance of websites & blogs related to Day Trading that tend to house a colossal amount of material telling the visitor / newbie trader ‘what NOT to do.’

Trader Belief & Trading Opinion:

Over the years I have found that in order to trade well, one must hold & possess a dominant future vision; coupled with a constant commitment to become & trade as a ‘Super Trader’ would; in character, thought & action.

Important:


You Do NOT Have To Learn What NOT To Do!


DayTradingLife.com will be written solely with this above constant in mind.

This is an extremely important concept to take onboard & accept & is one that tends not to fit well with our information hungry culture that we now find ourselves in.

This is a core concept & the very foundation for all the literature & accompanying information that I will present on my website; Day Trading Life


‘There Is No Universal Law Which States You Must Know What NOT To Do In Order To Be Successful.’
‘You Have To Learn To Focus Only On The Things You MUST Do To Be Successful; Then Just Keep Doing Them!’


Why, why, why do so many traders starting out possess a compulsive bias to ‘Learn all the negatives associated with the average to bad (both losing) types of Trader?
(Psychologically; they presume that in order to trade good one must first understand bad).

Trader Action:

‘Take a committed step; to do whatever it takes, whatever the price, to devoted yourself unreservedly to focus on and learn ONLY what is needed to be a ‘Super Trader.‘

I do hope that over the course of time, people will benefit from my website & its content.

“I wish you well in your journey & in your trading.”

DowBoy b.1967 – 3rd-June-2008
Follow Me On TwitterMy Day Trading YouTube Channelhttp://www.Daytradinglife.com

Copyright ©DayTradingLife.com – 2016 – All Rights Reserved.

8 thoughts on “About”

  1. Hi,

    I really like the quality of content you have on your site. I also have a blog, http://www.jetsettrader.com and doing my best to provide resources and content. Maybe sometime we can collaborate or even have you post one of your articles on my site. I really like your content. All the best, Serif

  2. Hi nice website. Can you elaborate more on what is the “ONLY” that are needed to focus on to become a super trader?

  3. Hello Rich,
    Thank you for visiting my website.
    You ask “Can you elaborate more on what is the “ONLY” that are needed to focus on to become a super trader?”

    The main point I was making Rich is to focus on variables that are within your control; with a positive future orientated mind set.
    Here’s an example Rich to this point that I would like to convey.

    More that 10 years ago,, it was estimated that there had been about 40,000 studies on depression yet at that same time only around 400 on joy & happiness.
    We are lead to believe that if we study and know all the characteristics of depression, that will then lead us to comprehend & attain happiness.
    Our society has drummed into our subconscious; making us believe that things like excellence is just the opposite of failure.
    So, basically we are often told to study the opposite of what we should be focusing our attention on; believing all that we have to do is just invert it so we are left with what we need/want to know.

    Another example Rich: We study unhappy customers so we think we then understand happy customers.
    So, if you want to be a great trader you should study fear & losing mindsets so that you now know how not to trade; which then means by this rational that you just invert it to be left with what a winning mind set is.
    Trader’s are lead to believe that good trading is the opposite of bad trading,,,
    Study all things bad about trading, invert,, then you know what needs to be done to achieve good trading.

    Studying long and hard about Trading Mistakes tells you nothing about Good Trading,,
    “IT ONLY TELLS YOU ABOUT THE CHARACTERISTICS OF BAD TRADING!”

    I think you get the picture Rich.

    The saying “You learn from your mistakes,” is flawed.
    “YOU ONLY LEARN ABOUT THE CHARACTERISTICS OF MISTAKES FROM MISTAKES,” Rich.

    Here’s the real answer Rich.

    To make real progress Rich In the markets, you MUST study Successful trading techniques & mindset factors.Understand ALL you can to get to grips with Trading DISCIPLINE, FOCUS, CONFIDENCE (confidence being the main ingredient in over coming fear).
    Study what you can control; capitalize on applying your strengths.
    Learn to trade, track, monitor & improve on positive strength based characteristics within your trading Rich.
    Study & work hard on improving whats good about you & your trading.
    Focus your time & energy on everything that can help & improve your trading.
    2 choices; (Both have there place, but here,, you can choose only 1).

    1. Building Strengths?
    2. Fixing Weaknesses?
    Which gives better results for the same amount of effort Rich?

    Be the contrarian Rich, you’ll be thinking from a minority point of view if you go with your Strengths as the primary rational to your trading.
    But this is exactly how you want to think Rich.
    Pareto style,,
    Most traders lose money in the markets; most traders study failure & invert!
    “TRADE TO YOU STRENGTHS Rich.” – Regard; DowBoy

  4. About Day Trading Life | A Day Trading Website for Serious Day Traders Pretty nice post. I just stumbled upon your blog and wished to say that I have really enjoyed surfing around your blog posts. In any case I will be subscribing to your feed and I hope you write again very soon!

  5. DowBoy – I love what you have done with your blog. I wanted to talk with you about how we could potentially help each other out. I tried finding a contact form for you, but I didn’t see anything on your site. Feel free to email me so we can chat further.

    Thanks,

    Al

  6. Hello Dowboy,

    You are 100% right. Concentrate on what you need to do in order to become successful. Discipline and the correct mindset will get you there. Follow the principals to the Law of Attraction and focus on what you want. Do not focus on what you do not want.

  7. It’s a pity you don’t have a donate button! I’d certainly donate to
    this fantastic blog! I guess for now i’ll settle for book-marking
    and adding your RSS feed to my Google account. I look forward
    to brand new updates and will share this blog with my Facebook group.
    Chat soon!

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