10 Reasons to use TradingWheels — Besides being FREE!

1. Most people look for shortcuts. Professionals practice correctly, and then keep on practicing.


2. The Butterfly Effect. When such a small change to your training processes can have a profound affect to your bottom–line.


3. You can't read a book and understand balancing on a bike for the first time, eventually you have to just get on the bike and feel it out for yourself. TradingWheels is like training wheels for your trading account and can help you understand all the factors involved in trading with fewer skinned knees (or bruised bank accounts)


4. Next week there will be another indicator on the market that neglects one of the most important aspect of trading — your emotions.


5. Not practicing in the same environment you will perform in may have a dramatic affect on your performance.


6. George Soros, Peter Lynch, Warren Buffett and Jesse Livermore are not the names of Black Box systems. Long term trading success comes FROM YOU, not a static algorithm.


7. You're not going to get an edge doing what everyone else is doing, but you'll find one - just ask the lemming. How are you going to get your edge when you're following what the majority of other traders do?


8. Back-testing can tell you what was working weeks ago. How about today? Find a trading methodology, test it in an actual live trading environment, and then let it prove itself. Methodical, Professional, Smart. TradingWheels provides an environment where you can not only test your system or methodology, but yourself as well. This is impossible in a paper trade account and a mini account will have such low capital at risk you probably will not care.


9. Paper Trade accounts and mini accounts that have little real capital at risk tend to develop bad habits. If you do not have (or believe you have) adequate skin in the game, then you just may be wasting time. Practicing in an environment as close as possible to what you need to perform in is fundamental to success. So, if you are trading in an environment where your consequences do not matter, do you think you are setting yourself up for success?


10. Calm and confidence IN YOU. Consider your emotional intelligence as your cornerstone, if it is not solid you will have no chance holding up to the pressures that are bound to come. If it is solid however, you may withstand most anything while those around you begin to crumble.