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Consistency Matters - Just Ask Tiger Woods & Michael Jordan

The game of Golf is very important to me. Why? It is something I dedicate myself to and pride myself on. The result is I am a scracth golfer. My whole life I have been very competitive - playing every sport there is a kid. When I played sports I played to win same as I day trade to win. Simple as that!

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When I participate in any activity, I strive to be the best, whether it is out on the golf course or in the MOJO Day Trading Room. Personally, I see many similarities between golf and day trading. Take the US Open, which is being played this weekend, for example. Yesterday, Tiger Woods shot 10 over par in his first round. Pathetic. Dreadful. Disheartening. However you want to describe it, he is done. His round is over. It was only the first round of play and Tiger Woods has already essentially ensured he is not going to compete for the title. Heck, he probably won’t even make the cut! This is very far from a ‘MOJO’ type performance.

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At MOJO Day Trading, we realize that trading is a marathon, not a sprint, exactly like golf. Just like how every single hole matters in golf, every single trade matters in day trading. Consistency is key and without it you will fail. If you start your trading day like Tiger Woods started his round of golf yesterday, you are in BIG TROUBLE, buddy. Chances are, you will be stuck losing a lot of money not only on the day, but the week. Good luck digging out of that hole.

At MOJO Day Trading, we recognize this and take action to ensure that we are focused every single trade. Whenever I call out a trade in the MOJO Day Trading Room, you better believe it is going to be a winner. At MOJO we consistently shoot par or better, we don’t trade to make double or triple bogeys, we aim to be consistently great.

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While you watch the US Open this weekend, keep what I am saying here in mind. Watch the leaderboard and check out where the consistently great performers wind up. You already know where they will be. The top of leaderboard. There is no question. Whoever wins the tournament is going to be the player who was consistently the best player throughout the week. Just like how in day trading, the trader who makes the most money at the end of the year is going to be the trader who was consistently putting up profitable days.

If you are occasionally a great trader, you might have some days where you make $5,000, $10,000 or even $20,000. But, if you are not consistent with your trading, chances are that same trader will experience losing days that well exceed even his biggest winning days. Just like how some golfers have amazing holes where they hit the driver 350 yards and then sink a great butt for a birdie. But, that same guy hits it out of bounds on the next hole and they double bogey. They have the talent, but not the consistency, just like a runner who sprints to the head of the back during the start of a race only to be struggling to even cross the finish.

MOJO always crosses the finish line in first place!If you want to see consistently great trades, check out my day trading results: CLICK HERE

I am also a consistently phenomenal swing trader, proven by my 85 for 85 start to the month: CLICK HERE

 
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Disclaimer: “Day trading can be extremely risky…You should be prepared to lose all of the funds that you use for day trading. In particular, you should not fund day-trading activities with retirement savings, student loans, second mortgages, emergency funds, funds set aside for purposes such as education or home ownership, or funds required to meet your living expenses. Further, certain evidence indicates that an investment of less than $50,000 will significantly impair the ability of a day trader to make a profit. Of course, an investment of $50,000 or more will in no way guarantee success.”

 

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MOJO Day Trading may publish testimonials or descriptions of past performance but these results are NOT typical, are not indicative of future results or performance, and are not intended to be a representation, warranty or guarantee that similar results will be obtained by you. Michael Rich’s experience with trading is not typical, nor is the experience of students featured in testimonials. They are experienced traders. Becoming an experienced trader takes hard work, dedication and a significant amount of time. Your results may differ materially from those expressed or utilized by MOJO Day Trading due to a number of factors. We do not track the typical results of our current or past students. As a provider of educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. 

 

Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks.

 

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