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SOURCE The Lazy Trader
LONDON, May 14, 2014 /PRNewswire/ -- Known internationally as The Lazy Trader, UK based Rob Colville is warning aspiring traders that creating institutional profit levels doesn't require the sacrifice of a secure day job.
"Lot's of people want to exchange their mundane day-to-day jobs in order to make substantial money as a hot-shot financial market trader. In other words, they want to live the dream without leaving the house," says Rob Colville, CEO of The Lazy Trader, an online trader training service.
"There's just one problem. This approach doesn't always work. It can leave inexperienced traders with a balance of zero in their trading accounts, and most importantly, without a secure and reliable income.
"This is one of the key reasons why so many people fail in trading. Such a catastrophic chain of events is all too common with gung-ho novices who have a go in the markets, often without seeking any form of professional education or training."
Colville believes that market newcomers simply delude themselves into thinking that the more time they spend chart gazing, the more successful trades they will place - despite the very opposite being true.
In response to this way of thinking, The Lazy Trader has pioneered a unique method of end-of-day trading, which has been specifically developed for time-strapped individuals. It allows traders to reap the full benefits of profitable trading, without having to spend more than 30 minutes a day doing it.
The Lazy Trader's 'set-and-forget' method, which involves trading only the daily and weekly charts, embraces the concept making more from doing less. It's based on the belief that trading can be a lucrative, carefree hobby for anyone who wants to take it up.
"Those who adopt this technique never spend endless hours watching charts, it's simply unheard of. Instead, the amount of time they spend trading each day ranges from between 10 to 30 minutes. This is a far cry from the typical trader, who gets up at five in the morning, before spending a 16 hour workday in front of their prop-floor terminal," comments Rob Colville.
Thanks to the ongoing success of The Lazy Trader's 'Ultimate' trader training programme, a new generation of so-called 'lifestyle' traders is becoming increasingly prominent. These individuals have the ability to competently trade financial markets in their spare time, while holding down their existing jobs.
"We've trained people from all corners of the globe on how to become a lazy trader," adds Rob Colville.
"Drivers, students, doctors, personal fitness instructors and stay-at-home-mums – these are just some of the people that we've taught. They can now fit trading into their lives, rather than planning their time around trading."
"Without the stable, regular income a paid job provides, the novice puts themselves under undue pressure to make money. Therefore, they trade low-quality set-ups out of desperation to make a quick buck. This often causes them to lose money and wipe out their accounts".
Quick to dismiss intra-day trading as 'the best way to lose money quickly', Colville explains that rookies lose money routinely because they are cemented to the desk and typically place losing trades out of boredom, frustration and anger.
This is the reason, he maintains, that end-of-day trading has been, and will always remain the most efficient way to reap the benefits from trading.
For more information, please visit: www.thelazytrader.com.
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