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View Full Version : The SECRET that all of the guru's are keeping from you



BrandonFredrickson
07-30-2009, 01:24 AM
I dug this up, it was one of my most effective launches ever for a cheap product. I think the software was like $79 or $99, but we did around $150/$200K in sales with it, with no launch partners.

This was in the stock market niche, years ago. I was actually going to do it again about 9 months ago, but did not follow through because I've been a "guru" before and just don't desire to do it again.

Anyway, I started off using a headline that got everyone's attention. In the stock market, just like in IM, everyone suspects the guru's are hiding something from you. So, here I am, a big ass guru and I agitate that, I tell them that they are indeed hiding something.

As you will see in the report then, I then go on to give them an "easy button", something that will solve all of the problems they have. Here it is:
The biggest secret that the guru's are hiding from you is simple: YOU DONT NEED THEM. I'd guess that seven out of ten time's you could eventually make money without them. You don't have to buy the latest indicator that will only be sold to 500 lucky souls for $1000, or the newest $15,000 one week mentoring program. In fact, the secret to your trading success is probably sitting on your desktop right now.

It's called a trading diary. If your not keeping one your not going to be successful. I'd venture a guess to say that 99% of people who do not keep a trading journal or log are not profitable, or if they are it is barely. Those who do manage to profit without one could see huge improvements in results simply by learning to keep one.

You see the biggest thing in trading is not learning this new thing or that new thing. It's about improvements. It's about doing the things that you do well, and staying away from those things that your not so good at. It's about making your strong points matter even more, and your weakest points matter even less. If you can simply do that, your going to make a lot of money. Let me give you a few examples.

Back when I was day trading every day I averaged about $1400. One evening I was looking very closely at all the data in my trading notebook and I made a very important discovery. I found that between 10:30am and 1:15pm CST, basically over lunch, on a typical day I would lose $350. Well, the solution to this problem was fairly simple, and the impact felt right away. I stopped trading between 10:30 and 1:15, and immediatly I was given a "raise". Three hundred and fifty dollars by itself might not sound like a huge number, but it adds up to a little over $85,000 per year. I actually got paid to do nothing! I never would have known that if I did not keep a log of my trades.

I also discovered that on days with a Fed announcement I lost, on average, about $3000. Again the solution was very simple: I stopped trading the Fed and almost immediatly was given a "raise" of about $12,000 per year. Pretty cool, I found two specific times that I should walk away and do nothing, and as a result I just "discovered" nearly $100,000 extra per year. I don't know about you, but to me that seems almost like free money.

These are just two examples out of many that I was able to use myself to increase my own success. I know for a fact that I would have never made it without my journal, and all it takes is a little effort in keeping it. I'll do another report later on exactly how to keep one.

Here are a couple more examples. A former student of mine Moe in Queens, NY discovered that in the first 15 minutes of the day, on average, he lost $500 and over the course of the rest of the day he made, on average, $350. Can you see how powerful of an impact not trading the first 15 minutes of the day had for Moe? It was the literal difference between success and failure, between paying the bills and keeping his "real job".

Again these are just a few examples, and I'm sure that many of you who do keep a trading diary can share your own. If I could point to one thing though that has been accountable for my success it would probably be a simple notebook. Start to keep that journal, because as I said I can state with near certainty that if your not keeping one, your not making money. If you are making money without keeping one, your not making nearly as much as you could be, I can say that with 100% positivity.

Good trading.

PS, please be on notice that this could be a bold attempt by an attention seeking guru to get you to come to his free website where he doesnt sell anything.

So, now at this point, everyone is like "oh my god,I need to keep a trading diary!, How the hell do I do that?" Well, be the kind hearted soul that I am, I made a video that showed them exactly how to keep a trading diary, not only that, I showed them how to use it.

I let them know there are two ways to keep a diary, the old fashioned (and HARD) way, in a notebook, by hand..and the EASY way, WITH MY SOFTWARE that did all the work for you. You just had to enter the trades, tell it what you did, and then it would find your patterns for you.

I really probably could have turned it into a million dollar plus product, but by this point my marriage was on the ropes and I was just about to get out of the business, so I really didn't have the heart for it, but I think this is a template that you guys can easily use with some of your less expensive launches.

Tony Cristo
08-15-2009, 02:48 AM
Brandon

Right on, a diary/journal can be your own best teacher. So much can be gained from regularly going over your own past results.

Great Post

Tony Cristo

Mike Hersh
08-16-2009, 11:30 AM
Thanks for the info Brandon.

I'm not a trader but the info looks really true. As we all know in other areas of life, documenting your moves can only make your life easier when you start earning some greens. When you have a journal you can always go back and look from where the success came from.

Why not using an excel spreadsheet to document your trading? Sounds a lot easier.

Cheers,

Mike G

Daniel0604
08-20-2009, 12:33 AM
Im going to agree 100% on this topic. Now I'm not a trader but even so you must test and record all efforts ( I need to practice what I preach more often). Its like when doing PPC, there are times of the day when all your sales come in and the rest of the time, your basically burning money. Its important to document everything you do, in order to make the most out of it.

joel chue
08-21-2009, 03:41 AM
Great tip.

The product idea itself is amazing! A "journal" software that netts in so much cash!
Your PREsell email primes and frames the prospect's mind to not pounce on your offer!

I totally agree on keeping a journal as well.

It's vital that we keep track of our progress to building our own Internet business empire

Pieter van Schalkwyk
08-21-2009, 04:44 AM
Brandon

Your headline definitely works! Look at how many people read it (including me). Great concept, I can think of many ways to apply it.

Thanks for sharing

Pieter

joel chue
08-21-2009, 05:14 AM
Exactly. Though I think it might be overused in the IM niche...

But niches like trading or any prominent niche with guru figures be the perfect fits!

Joel



Brandon

Your headline definitely works! Look at how many people read it (including me). Great concept, I can think of many ways to apply it.

Thanks for sharing

Pieter

Michael Hiles
08-27-2009, 12:51 PM
Good stuff Brandon!

Having a systems background in a past life, I apply continuous process improvement principles to marketing as well. In fact, marketing is a business system that can tremendously benefit from forms of CPI like SixSigma or Toyota Production System (Lean).

Knowing how to integrate reporting into a decision-making loop is really key.

Melford Bibens
09-23-2009, 10:37 PM
Another great post, thanks Brandon!

You are chocked full of them bro!

Melford Bibens

Junid Abdussalam
09-24-2009, 08:05 AM
Thanks for the tips. Great post.

Junid