Why You Will Absolutely Fail in Trading If You Don't Master This...

There are many misconceptions about money management. Most think it means trading with stops -- but that is only a small part of it. Below is an excerpt from a dynamic complimentary report, titled "How to Safely Double Your Profits in 2009 Trading ETFs." This little tip alone could save your trading account...

Why use risk controls? Every trader/investor must guard himself against drawdowns -- i.e., the percentage drop in his account size after one losing trade or consecutive losing trades.

For example... Imagine that, after losing a few trades in a row, your $20,000 account is reduced to $12,000: that would be a drawdown of 8,000/20,000 = 40%. If I were to ask some new traders, "In order to be back up to $20,000, what percentage return do you need to generate?" Many would answer, "Since I lost 40%, I have to make back 40%!" This couldn't be more wrong!

Note that, after losing 40%, the trader now starts with a lower base: i.e., to undo the $8,000 loss, the return he needs to generate is 8,000/12,000 = 66.6%!

The more severe the drawdown, the harder it becomes to undo the damage -- as shown in the numbers below:

DRAWDOWN % ... % REQUIRED TO GET BACK TO BREAK-EVEN
10% ... 11.1%
20% ... 25%
30% ... 42.8%
40% ... 66.6%
50% ... 100%
60% ... 150%
70% ... 233.3%
80% ... 400%
90% ... 900%

That is why all professional money managers only risk 1-2% per trade. It's because, no matter how good your trading system is at some point, it is a statistical fact that you will have 10 losers in a row. Based on risking only 1-2% per trade, this is only a 10-20% drawdown and easily recovered.

A full 99% of the hyped-up trading and investing courses in existence don't say or do this. They say risk 5-10% per trade. It is wrong, and will cause you serious financial pain if you follow their advice.

Many of them also use arbitrary stop-loss advice. For example, they say, "Place your stop at $100.10 because that is on the other side of a major support or resistance, trend line, MA, etc."

This makes your risk based on the size of the stop. That is also wrong, because the risk can be too large and it's not the same risk on each trade.

Others reverse this and say, Risk only 2% total, period, and let that determine your stop. This is also wrong, and will hurt you because it is important to have the correct technical stop.

The answer is to do both. Use a percentage and technical stop together.

It works like this: Let's say the technical stop is $100.10. But, based on your entry price, that is a 3% risk. Since your plan calls for a 2% risk, you simply lower the number of shares you are trading. This lets you stay within your 2% risk and have the correct technical stop. This is exactly what most professional money mangers do.

Some say that this will lower their profits, because of trading fewer shares. So what! Study the numbers above again.

You know the old quote, "More risk equals more reward." Well, it's not always true. Sometimes more risk equals more risk! If you lose your money, you have no chance to make a profit. Even losing 50% is disastrous, because you would then need to make 100% to get back to even.

As Warren Buffet says, There are only two rules in investing. Rule #1: Don't lose money. Rule #2: Don't forget rule #1.

I'd like to add a third rule: Correct money management and position sizing must be mastered to ensure your long-term success.

The good news is that it is easy to have correct money management and position sizing. I just explained how to use a combo of a percent [%] stop and a technical stop. If you want more of an explanation, please visit the Free Videos area on this homepage, and click on the "Why have risk controls" article/video title.

The system of entries, stops and profits-taking is only half of your key to success. The other half is money management. If you get this part wrong, you will lose your account every time -- regardless of how good your system is.

Click link below for the free newsletter on how to safely average 6% per month trading Exchange Traded Funds [ETFs]:

==> http://budurl.com/nvp2

P.S.: In order to access the powerful F>R>E>E videos, you must first opt-in for the complimentary report.
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Click Here to Read Your FREE Report, "How to Safely Double Your Profits in 2009 Trading ETFs"

COPY a Shockingly EASY Formula for Generating Revenue Tonight...

Here's a dirty little secret that I doubt many of the so-called "wealth gurus" don't want you to uncover....

You see... people buy all these books and go to all these seminars [e.g., real estate, Forex trading, you name it!], etc.

They go there and learn a ton about how to create killer revenue streams, and say to themselves, "Wow, what a great idea... I better try that."

Then they go back to their lives... and NOTHING EVER HAPPENS.

That's about 90% of people who never take action on what they learn.

Now, what about the 10% who [like yourself, perhaps] DO take action?

Here's the second harsh reality: What's taught to you is NEVER the bird's-eye view of how the experts do it.

They tell you to "learn."

They give you bits and pieces to stumble over.

... And it's all kind of misleading, unless you're willing to endure all the time and effort.

I saw something very different recently... arguably, REVOLUTIONARY.

Check this out right now. [You will regret if you don't!]

==> http://TinyURL.com/ctqubw

The guys behind this are showing their EXACT recipe -- the entire bird's-eye view -- of what to copy, and bring in $350/day streams over and over. It just does not get any easier than this. You literally COPY what they show you and see if the operation makes a profit... and it will.

You actually have to TRY to mess this one up!

They understand your struggle [they went through this themselves]. ... Copying is easier and faster than learning, and here, it works a heck of a lot better!

To tell you the truth, for creating automated revenue, I wish I had this to copy when I first started affiliate marketing.

So, go in and COPY it now. You will be pleasantly surprised.

P.S.: After you copy a few of their recipes, start multiplying it until you hit your target goal... $1,500/day? $3,900/day? Then set it on auto-pilot. It literally is a no-brainer, since you are copying.

==> http://TinyURL.com/ctqubw

P.P.S.: Be sure to grab their exclusive newsletter on copying profitable campaigns... FREE!

==> http://TinyURL.com/ctqubw
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Copy the Ultimate Business Model and Use It to Make Money Online

How to Turn $50 Into $10,000 Using Artificial Intelligence

If you believe that there are no get-rich-quick schemes that work [I'm talking about legal ones]...

If you believe that you'll need to do some work to make money [OK, duh]...

And if you suspect that it does not always take money to make money -- that sometimes simply knowing what to do, how to do it, and where to do it is enough...

Then you'll want to check out this service I just discovered.

Imagine two college students -- with very little money to spare -- building and working themselves up to a $45K-per-month income. Not overnight. Not without WORK. But they did it in THREE months. And with almost NO money to invest.

Sounds crazy, but it's true.

And they have proven it's true, time and time again, by spreading the word about Forex Ambush 2.0 to people who have built daily incomes of $100 per day... $500 per day... and even $2,000 per day...

WOW!

Their stuff is completely original, tried and true. They do what they preach, and they preach what they do... Because it just plain works.

Yes, you CAN make money online... Lots of money... Without products of your own... Without joint ventures... Without spending a fortune to make a fortune... At your own pace... If you're willing to follow a tried-and-true method for making money online without spending a lot of money...

==> http://TinyURL.com/coympu

Imagine what a 20,000% annual return rate can do: 500 turns into 100,000... 1,000 turns into 200,000... and 5,000 turns into 2,000,000 while taking out your profits on each trade!

They'll even give you a taste. Check out their actual statements that don't have a single loss!

==> http://TinyURL.com/coympu

The program is called Forex Ambush 2.0 -- a brand-new, artificial intelligence engine that produces profits in excess of 20,000%! So, not only are you making money, you're not spending money to make that money.

Now that's something to love!

Introducing Forex Ambush 2.0: 100% Accurate Artificial Intelligence Forex Trading Signals!
Learn how Forex Ambush 2.0 gives you dead-on Forex signals to earn you thousands of dollars per month, using an advanced artificial intelligence engine:

==> http://TinyURL.com/coympu
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An Extraordinary Marketing Tool Is Coming Out...

We are going to copy a master Internet marketer's campaign together, and fire it up fast! This opportunity rarely comes along, so make sure you keep your eyes open and visit:

==> http://TinyURL.com/cuusx8

This chance to copy the entire collection of campaigns will be available for a limited time.

Get ready for CopyNProfit. Fire up your AdWords, GoArticles or Aweber campaigns.

Suffice to say, you will glean incredible marketing power for earning very large profits. [How does $31,398 in just two weeks sound...??]

The campaigns are unique, and the system for ensuring their success is pure genius...

When you sign up, you will get access to a database where you can copy and import AdWords campaigns, article promotion recipes, plus much more. The members' section will be updated with new campaigns and promotions regularly.

In a nutshell: You simply must jump on this when it comes out in a couple of days.

Chances are, you will never find something this rare and incredible again. Not only can you copy the campaigns and start making money right away, but the information revealed is downright alarming.

Here's that all-important, life-changing link again:

==> http://TinyURL.com/cuusx8

Get ready for the ultimate Internet marketing tool...

P.S.: Be sure to grab CopyNProfit's free newsletter and videos, too!
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Copy the Ultimate Business Model and Use It to Make Money Online!

Will You Survive 2007 as an Affiliate Marketer?

I just read a fascinating report about how technology is changing the face of affiliate marketing -- literally, overnight. If you have it, you'll be more profitable than ever. If you don't have it...watch out. You'll be blown into the stone ages.

Read this special report -- aptly titled "Google Cash Strikes Back" -- right now before all of your profits are sucked dry by a new class of techno-thieves. OK, they're not really thieves, and what they are doing is not illegal. Still, they are [not so politely] taking any current or future profits right from under your nose.

In this new report by Chris Carpenter [of Google Cash fame], he shows you an innovative technology that is helping those who use it to be more profitable than ever in the history of affiliate marketing on the Internet.

You don't want to miss out on this one. If you are unaware of these technologies, it will be harder than ever to make a profit as an affiliate marketer. Simply put, this is a must-read.

It's free, so check it out immediately: http://www.gcdetective.com/specialreport/index.htm?affid=13144
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FREE Trial Subscription to "Secrets To Their Success" Available for Limited Time!

Have you been searching for FREE quality information that you can use to build a successful online business, but getting totally frustrated by the lack of *useful* content out there?

Believe me, I feel your pain! I was in the exact, same boat that you're in right now...

No matter how *much* I searched, I just kept coming across the same, old, recycled tips from a bunch of so-called "experts," which turned out to be nothing but thinly disguised plugs for products nobody needs or even wants!

But then I came across Internet marketing guru Derek Gehl and his team at the Internet Marketing Center...

... and I quickly discovered that not all experts are created equal!

See, thanks to a lot of advice and help early on, Derek took a $25 investment and turned it into $60,000,000 in online sales -- and now, in appreciation for the support he received when he was starting out, he's determined to give back.

[For instance, in the past couple of weeks alone, he's given away over $450,000 worth of free e-books. Talk about being committed to helping YOU succeed!]

Anyway, Derek's now offering FREE TRIAL subscriptions to his exclusive members-only online profit newsletter, "Secrets To Their Success," and he's agreed to reserve a few for ProsperNOW readers!

If you haven't heard of "Secrets To Their Success" before, be prepared to be blown away, because every month, Derek and his team put together TWO extensive case studies of real people like YOU who have created online businesses that make a minimum of $100,000 a year.

And these are NOT just "fluffy" personality profiles...

Using intense "question-and-answer" interviews, Derek totally *dissects* each business, and exposes every tip... every strategy... every tool they used to start, build, and grow their businesses to their current success.

You'll even hear about the mistakes they made, and how they suggest YOU avoid them!

I've been a subscriber for YEARS, and the things I've learned have added more to my bottom line than I can even guess.

You should check it out. Like I said, it's totally FREE to try.

Here's the link to find out more: http://www.secretstotheirsuccess.com/t/895093/free

Enjoy!

P.S. Derek might be *enthusiastic* when it comes to giving stuff away, but he's not crazy. He's only got a limited number of FREE Trial subscriptions to go around [he IS running abusiness, after all], and once they're gone, they're gone...

... and I have NO idea when they'll be available again [the last time he offered them was over 3 years ago]!

So you should claim your FREE TRIAL right away. Go to: http://www.secretstotheirsuccess.com/t/895093/free
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Click on this link to discover a time-tested secret for attracting the wealth, health and happiness you deserve!

Test-Drive The EXACT Strategies A California Mom Used To Make $100,000 Online In Just THREE Days!

BEFORE... Amanda Montoya worked her nose to the grindstone and managed to make $90,000 in 7 months. Not bad, right?

AFTER... Using the stealth strategies I'm about to show you, Amanda raked in $100,000 in online sales in just THREE DAYS!

How'd she learn to more than DOUBLE her annual revenue so fast?

6 DVDs full of LIVE video footage, plus a 167-page profit-planner, show you exactly how she did it -- and now YOU can test-drive these little-known Internet marketing strategies for 30 days...for just $2.95!

To claim your copy of this online profits package for the limited-time price of a cup of Starbucks coffee, go here now: http://www.marketingtips.com/protege_dvd_trial/t/895093

P.S. Derek is also giving away a very special BONUS gift to the first 250 people to take advantage of this $2.95 trial, but quantities are limited! To scoop up this free gift now, click here: http://www.marketingtips.com/protege_dvd_trial/t/895093
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This team of experts made over $60 MILLION on the Internet... Now, they'll help grow YOUR business for just $3.19! You'll get unlimited moneymaking secrets to INSTANTLY increase your sales by $4,500... $7,500... $11,750 per month-plus! Click here now to learn more!

Acclaimed Internet Marketer and Best-Selling Author Offers Free, Five-Day Google AdWords Course Via E-Mail

Perry Marshall, co-author of "The Ultimate Guide to Google AdWords," a top-selling book for beginning Internet marketers, is offering a totally free, five-day course for those who aim to access millions of customers. "5 Days to Success with Google AdWords" is a "fast-start" course that'll help Internet marketers use Google AdWords and the power of guerrilla marketing to attract new customers 24/7/365.

"Yes, Google is treacherous at first," Marshall notes. "It punishes uneducated marketers and rewards smart ones. So, I wrote a five-day e-mail course to help people beat the system fast."

Here are some of the things you'll discover in "5 Days to Success with Google AdWords" :
* How to consistently pay less for your Google traffic than everyone else -- while getting more clicks to your site.
* Why Google's system is trickier than others at first -- and how this ultimately works to your advantage, when you understand the system.
* Affiliate marketing: The "GoogleCash" method has taken the world by storm. But...there are land mines! Don't get blindsided. Discover Marshall's unique, counterintuitive strategy that reduces your risk and puts more real, long-term profit in your pocket.

When a seasoned marketer and best-selling author like Joe Vitale endorses a product, you know it's got to be good. "Not knowing what I was doing, I was about to spend $300 a day on Google ads just to test them -- but then stopped myself and read your book first," Joe wrote to Perry. "Actually, I only skimmed it. Now I'm spending ONE DOLLAR a day and seeing sales. I'm now reading all of your book, and it is a masterpiece.

"You didn't ask for this endorsement, but I'm giving it anyway. Thank you for saving my butt. You're a genius."

Click here to start learning from Internet marketing master Perry Marshall today. By the weekend, you'll be well on your way to mining the wealth-creating power of Google AdWords!
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Derek Gehl Releases "Insider Secrets to Marketing Your Business on the Internet -- VERSION 2007"

How does a 23-year-old inner-city kid earn $66,000-plus per month on the Internet? How can you duplicate his success? Learn his strategies from Derek Gehl and The Internet Marketing Center.

I've just finished reading the latest version of the step-by-step guide considered by many to be the Internet marketing BIBLE: "The Insider Secrets to Marketing Your Business on the Internet -- VERSION 2007" ...I have to tell you, I'm completely blown away by the sheer volume of money-making information that Derek Gehl has managed to pack into this system!

"Insider Secrets" reveals the exact, step-by-step formula the Internet Marketing Center [of which Derek is the CEO] has used to grow a $25 investment to over $60,000,000 in online sales. And, after being updated for 2007 with the very latest cutting-edge strategies for profiting online, it's hot off the presses!

In TWO [2] 8" x 11" full-color binders containing 800-plus pages, broken down into 64 lessons, this system is packed full of:
* Step-by-step Internet marketing strategies for both Internet newbies and experienced Web site owners
* Action plans at the end of every lesson, telling you the exact steps you need to take next
* In-depth case studies of successful e-business owners; e.g., inner-city kid Jermaine G., who raked in over $800,000 last year teaching people how to play the piano online!

I'm really impressed by the combination of basic AND advanced website profit strategies Derek has poured into "Insider Secrets" :
* If you're a total Internet newbie, you'll learn how to transform your hobbies and passions into a lucrative online business you can grow from scratch!
* If you already have an Internet business, the advanced sections of this system will show you how you can send your online profits through the ceiling!

Suffice to say, after testing out a handful of the strategies myself, I was left totally speechless by how effective -- and profitable -- each one was.

In "Insider Secrets -- VERSION 2007" you'll discover:
* FREE tools and resources you can use to easily build a Web site in less than a few hours -- even if you have no [read zero, zip, zilch!] Web design experience!
* How to develop a brand-new product -- for FREE! -- in less than two [2] weeks!
* The secrets to growing an opt-in list like crazy -- even on Web sites that get almost no traffic!
* A little-known, one-minute sales-copy trick that can increase online sales by up to 714% -- or more!
* The #1 research tool for finding NEW lucrative business ideas absolutely NO e-business owner can afford to be without... and how to access it for FREE!
* The winning formula for writing a flawless business plan that maps out how to rake in online profits for the next 3-5 years -- including a full-color, poster-size business-plan chart!
* How to recruit an army of eager salespeople for zero money upfront. [You don't pay them until they make a sale!]
* The most lucrative, no-brainer product to sell on the Internet. [How does 100% net profit sound?!]
* How to score a top ranking in the search engines and directories -- including Google, Yahoo!, AltaVista, ODP, AllTheWeb, Ask, and more!
* How to use blogs to drive massive amounts of targeted traffic to your Web site...for FREE!

...And that's barely scratching the surface of what "Insider Secrets -- VERSION 2007" offers!

Ah, but Derek Gehl doesn't stop there. He also throws in FIVE [5] super-bonuses -- including four [4] resource CDs and one [1] DVD -- with additional lessons, examples, interviews/testimonials, and Web site reviews! Two the five super-bonuses are:
* A CD containing Derek Gehl's private Rolodex of 267 'must-have' tools and resources! This database of Web sites, tools, software, and resources [mostly FREE or dirt-cheap!] will save you TONS of time and fast-track your online success!
* An 85-minute DVD of Derek performing extreme Web site makeovers LIVE on stage! Watch as Derek randomly selects the Web sites of guests in his audience...analyzes their business models...redesigns each Web site...and finds "neglected" sources of revenue!

Without hesitation, I give "Insider Secrets -- VERSION 2007" a perfect 10 out of 10.

Last, but not least, the cool part is that you can take this step-by-step blueprint to online profits out for a test drive RISK-FREE! To find out how, click here now...

P.S. When you go to http://www.marketingtips.com/t.cgi/895093, pay special attention to how many people are using this system -- and profiting...BIG-TIME! There are some incredible stories that you can learn a ton from!
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