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Thank you and congratulations on getting this concise, yet powerful report.

It was created to raise your awareness to certain matters which, left unattended will hold you back in your
trading, cause you considerable waste of time, money and effort, and generally take all the fun and profit
out of your trading.
By becoming aware of these things, you can now act on them, address them, and move forward with your
trading to where you want to be. If you like what you learn here in this report and would like to take your
success further, you are cordially invited to attend this free webcast,

Disclaimer
Trading involves substantial risk. This information is presented only for informational and entertainment
purposes, and should NOT be construed as financial advice. Nothing in this publication is intended to
induce anyone to initiate any investment or trade. There are no guarantees expressed or implied, of
profits or losses through your use of the information contained herein. You should seek the counsel of
professionals for any financial, legal or health related matters. By your acquisition of this guide you
acknowledge your full and sole responsibility for your trading results.

Notices
Feel free to share this report. The only requirement is that it be shared as it is, complete and in its current
form. You are NOT allowed to modify or plagiarize any of the content.
Copyright © 2015-2022 by New Ireland Ventures, LLC. All rights reserved.

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 2
Foreword
Let’s start by presuming that you are a sincere trader, with your intention being that you are in it for
foreseeable future and do indeed wish to make this business a long term asset for you.
The purpose of this report is to open your eyes to some of the realities of trading in that context, to shed
light on certain matters which rarely, if ever, get discussed, yet are critical to making it a reality.

I created this report for the same reason that I started helping other traders back in January of 2006.
There are a lot of good, sincere people that choose trading because they want better for their families,
they know they may not be able to count on anyone or anything other than themselves for their
retirement, and some trade to fund charities and to do philanthropic work.
You’ve got your reasons too, and I’m sure they’re more substantial than just to have a hobby on the side
where it’s mostly for fun and maybe you make money, maybe you don’t, no big deal either way. You have
something real that you want to accomplish with your trading, and that’s why you’ve invested both your
hard-earned money and your time.

One thing I found when I started trading, and perhaps you’ve found this too, is that good help in this space
can be hard to find.
There is a ton of misinformation, some deliberately put out there by the scammers and shysters who are
just looking to rip you off. Other misinformation is from the many pure marketers who’ve never placed a
trade in their lives, but know that they can find trusting traders whom they can sell.

I’ve had the good fortune to work as a Business Coach, Process Engineer and Certified Quality Engineer.
Because of these life experiences outside of trading, I’ve been able to look at some of the struggles of
trading with fresh eyes and see things that have been missed by countless others.
I’m also able to bring success tools from other industries to trading, and I’ve found that when they are
applied to trading, they work amazingly well.

My purpose is to help you realize your objectives and do the good in the world that you choose to do.
And if you’re going to be a truly independent trader, then you also need to be fully self-sufficient, not
dependent on others to tell you what to do, or to do your thinking for you.
My goal is to get you to that point, where you don’t need me or anyone else, where you are standing on
your own two feet and you’re okay.
I hope you enjoy this report and put it to use to your benefit.
Brian McAboy
Trading Enthusiast and Trainer

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 3
Contents
Foreword ........................................................................................................................................................... 3
About The Author .............................................................................................................................................. 5
Introduction …………………………………………………………………………………………………………………………………………………………… 6
The “Secrets” To Making It as a Trader ............................................................................................................ 8
Why This Is So Important .................................................................................................................................. 9
Why You MUST Bring Your “A-Game”............................................................................................................ 10
The First Critical Misconception about Trading ............................................................................................. 11
The Requirements for Success ........................................................................................................................ 12
The Peter Principle – and the Common Trader Experience ........................................................................... 13
Another Common Trader Experience – The “Discipline Fallacy” .................................................................. 14
A Matter of Trust ............................................................................................................................................. 14
Fear of Success ................................................................................................................................................ 15
The Death-Spiral – To Save You? .................................................................................................................... 16
Enemy or Ally? ................................................................................................................................................. 17
What It Costs In Addition To The Personal Price.................................................................................................... 18
The Distinguishing Mindset ............................................................................................................................ 20
So What Can You Do?...................................................................................................................................... 21
A Quick Recap .................................................................................................................................................. 22

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 4
About The Author

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 5
Introduction
In the world of trading, what you don’t know can and very likely will hurt you.
This just isn’t a place where a person can afford to be ignorant or naïve – the price is very high, both
financially and often personal in terms of confidence, self-esteem, quality of life, relationships, etc.
When your trading isn’t working, it tends to take a toll on all other aspects of your life. In all too many
instances, trading can make a total wreck of things.

Now I haven’t always been a calm, collected and confident trader, helping other traders around the world.

In fact, far, far from it.

During my first year of trading, it was very stressful, even when I was making money, but when the Destructive Cycle
(we’ll get more into this later) began, it made it one of the worst years of my life.

I started out like most traders, quickly understanding the general workings of this occupation, so I jumped in feet-
first, very much underestimating the challenge while overestimating my abilities at the same time.

One of the worst things that can happen to a person is to start off on a winning streak.

That’s what happened to me.

My account grew quickly with the thrill of some substantial winners, blowing my false confidence way out of
proportion.

It didn’t take long, and my subconscious stepped in and began to ‘correct’ the discrepancy between the success I
was experiencing and the deservingness of my actual skill and knowledge levels.

So in less than a year, I started with $30,000, ran my account up to over $47,000, and then back down to $1,600.

I was devastated and so was my wife when I finally worked up the nerve to tell her the truth. The matter nearly cost
me my marriage. Needless to say, I took a break from trading, but I wasn’t done or defeated. I love trading and I
knew I’d be back, but this time, I’d do it right.

Fortunately, I’d started other businesses before, so I’d been through this cycle of initial failure, reset, start over.

For as long as I can remember, I’ve had a passionate interest in business and in how we work as human beings,
which made my years in Quality Assurance a natural fit. Quality is all about good business, with people in the center
of the operation, achieving excellence on a consistent basis.

So I stepped back from my trading, looking at it from the perspective of it being a business.

I took what I what I knew from my Engineering, Quality and Business experiences outside of trading and applied
them here.

By doing so, I came back, and this time was able to stay organized, settled down and make it work.

Through my own experience and through helping hundreds of traders over 10 years, I’ve seen how many truly
important matters are left out of the training that everyone gets to be a trader.

It is these missing pieces, these gaps, that are responsible for the incredible failure rate in trading.

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 6
Since most traders are generally above average in intelligence and many other regards, I’ve had the pleasure of
helping many people turn their trading around simply by filling in these gaps.

When people apply the perspectives, tools and practices that I bring from outside trading, they finally get to
experience a confidence in their trading that they’ve never known before.

They also finally get that relentless stress lifted from their shoulders, begin to sleep better and raise their enjoyment
of life in general.

Now don’t get me wrong, I’m not saying any of this to sound arrogant.

I consider myself fortunate to have had years of experience in both trading and in other industries, so that I can bring
them together and provide solutions that are sensible, practical and most importantly effective in helping the
traders of the world.

This Is About You


So how do you know if this report pertains to you?

Well, if you’ve been trading for any length of time and,

 You’ve tried just about everything you can think of, but you are NOT where you want to be

 You’ve been putting in your “screen time” and “paying your dues”, but you’re frustrated with the lack of
consistent results

 Your trading experience is largely filled with stress, anxiety, anger, despair, etc.

 You sometimes find it difficult to stick to your system, wrestling with discipline, doubt or fear

 You know you can beat this, and you just have a gut feeling that you’ve been missing something

Then you’re in the right place

In this report, you’ll discover

 How nearly all of the information out there on “trading psychology” is just plain WRONG, and is actually
doing you more harm than good

 How your mental & emotional state and your trading system are NOT separate matters, to be addressed
individually, but in fact are very closely related

 How self-sabotage is actually a good thing – if you know how to interpret it

 The three HUGE gaps in your training to be a trader – and how these gaps are keeping you stuck

 How to know when you’ve made it as a trader

Let’s get started!

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 7
The “Secrets” To Making It as a Trader

What you hold in your hands is concise summary of the most impactful discoveries from my years of
experience in the trading industry, both my own trials and lessons, but also from working with hundreds of
other traders.
You also have unique insights on trading from my years in Engineering, Business, and Quality Assurance
which, when applied to your trading, give you massive advantages that take most traders YEARS to figure
out, if they ever do.
By utilizing what you learn here, you will save yourself tremendous time, money, stress, and regret, in
addition to making a quantum leap in your trading faster than you ever imagined possible.

I strongly suggest that you print out this report right now, and read it
immediately.
There’s a very big idea inside and many people have made a fortune once they grasped the concepts you
are about to receive here for free.

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 8
Why This Is So Important
The short answer is that you simply cannot afford to underestimate the challenge you have in front of
you.
If you do, you will lose, and you didn’t come here just to take a beating.
Trading is certainly no place for the naïve or faint-of-heart. There are certain hazards and pitfalls in
trading, and ignorance of these matters comes with a very high price, both financially and personally.
Without awareness and understanding of these factors, you’ll struggle along unable to move forward
because you’ll direct your energies to things that don’t solve the problems, so they will remain and
plague you indefinitely.
As a self-directed, independent trader, you have
numerous forces working against you every day,
and it’s only getting more challenging as
technology and your competition continue to
develop and improve.
And make no mistake: trading is a highly
competitive industry, with everyone vying for
the same pool of money.
You’re all alone against millions of individuals
like yourself, professional traders, large banks,
institutional traders, international corporations, high-frequency traders and robots.
Wherever there is a lot of money flowing, there will be LOTS of people.
In addition to the competition, you’ve got scammers and pure marketers who are all too happy to push
your emotional buttons and rip you off or sell you stuff you don’t need.
Of course you have the brokerage firms that often seem to be pick-pockets more than helpful resources.
Oh, and let’s not forget the avalanche information, both good and bad, on the internet in this field. The
overwhelm is bad enough, but sifting through the B.S. and mis-information to find the worthwhile advice
can be next to impossible.
While trading is a simple business on the surface and easy for an intelligent person to grasp its concepts, as
you’ve come to learn, making money on a reliable basis is a daunting task.
All too often, good people come to the land of trading with dollar signs in their eyes and dreams of a better
life, only to leave months or years later empty-handed and broken hearted.
You didn’t start trading for that. You came here to find financial independence and time freedom. Let’s
get busy.

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 9
Why You MUST Bring Your “A-Game”
All those things we just looked at are the EXTERNAL factors working against you in trading.
Obviously because of all of those, you better be bringing your A-Game. There’s just too much working
against you to be nonchalant or do things half-baked.
Now we might as well start out with one of the biggest INTERNAL factors, and it just happens to be your
greatest Nemesis as a trader.
You see, self-sabotage is a very common phenomenon in trading.
But where most traders totally miss the mark is first of all recognizing it for what it is, but in making the
connection of what’s causing it.
Throughout the rest of this report, you’ll see numerous areas where your subconscious comes into play
and why.

A Unique View On The Psychology of Trading


After years of working with traders to overcome a wide variety of issues, I developed a rather unique view
on the whole Psychology of Trading.
While most "Trading Psychologists" that want to charge you $8,000 to $10,000 to "help you work through
your issues" insist that the emotional battle that you face is due to personal issues you have, I completely
disagree.
I'd bet that you are completely capable of realizing success as a trader.
And I say that because you've already demonstrated that you can handle money, success and a challenge -
otherwise you wouldn't be here in the world of trading.
You're probably also above average in intelligence. Most traders are.
You obviously have what it takes.
So the problem has to be something else.

No Wonder It's So Stressful


I found that a major problem traders were having
was that they were trying to do a job for which
there were NOT adequately trained, not even
close.
ANY time, you enter into a challenging activity
and you haven't been properly trained for that
job, it WILL be stressful, filled with mistakes and a
very emotional experience.

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 10
As I dug more and more into the matter, I found that when a person is LACKING certain necessary skills,
their subconscious will sabotage their efforts because it knows that they haven't yet reached the point that
they deserve the success.
We all start out as un-trained traders.
Unfortunately, most training out there is very limited and incomplete, focused almost solely on specific
trading methods.
Every trader training program I’ve seen is lacking at least one if not several critical trader skill sets, which
gives you no choice but to try to trade at a disadvantage.
Until you acquire the complete set of skills to be a fully self-sufficient trader, your subconscious will NEVER
let you enjoy the success you so deeply desire.

The First Critical Misconception about Trading


The first critical misconception about trading
usually occurs before a person ever starts
trading.
Most people look at trading as a way to make
money.
Now while that isn’t untrue, it is a
misconception.
Trading is a business and here’s how to tell.
Look around the room.
Notice the walls, the floor, the desk, your computer, and your clothes, everything that doesn’t come from
nature.
Every single one of those ‘things’ represents at least one, if not more, businesses.
In every situation someone saw an opportunity to make money by producing that thing.
After all, what IS a business, anyway?

 Any activity engaged on regular basis for profit.


 It involves risk.
 Has certain requirements for success.

It doesn’t matter if you have a car dealership, an accounting firm, or a lemonade stand.
Anything being done on a regular basis for profit is a business.
So how does holding this misconception about trading hurt you? You’ll see in just a minute…

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 11
The Requirements for Success
Now while trading is a unique business in many ways, it
still shares the same requirements for success that all
reliable businesses require.

 Planning
 Organization
 Systemization
 Financial Controls
 Management

All reliable businesses need these things to be in place


to be efficient and minimize waste.
After all, success in business doesn’t happen by chance or accident, or by wasting time, money and
resources.
A Shared Statistic
But see trading also shares a statistic with business in general:
90% failure rate in the first year
But why?
Lack of:

 Startup capital
 Business experience
 Industry experience
 Training
 Business plan
 Time to profitability

Of course all businesses need sufficient startup capital to make it through the initial phases until it can
sustain itself.
Business experience for the person running the operation is crucial of course as well.
Experience in the industry also makes perfect sense.
Training so that everyone in the operation knows how to do their job well is naturally necessary.
The business plan lets everyone know that the idea and scheme are viable, plus it provides the day-to-day
decision guide for running and managing the operation.
Now if a company takes way too long to reach profitability, that is sure to present problems.
Where you can really run into trouble though, is if you are missing any of the requirements or the things
listed on the ‘lack of’ list, your subconscious is almost sure to complicate matters and thwart your
efforts, and certainly “correct” the situation should you get profitable in spite of lacking these things.

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 12
The Peter Principle – and the Common Trader Experience
The Peter Principle was discovered back in 1968 when studying poor
performance across American businesses.
The essence of it is this: “In any hierarchy, a person will rise to his level of
incompetence and remain there.”
Basically it means that a person will continue to advance until he reaches
the limit of his skill and then be stuck.
One of the primary lessons out of that study was that American businesses
were promoting people based on past performance, but not training as the
person kept moving up the ladder.
What they found was that if they assessed a person before promoting him,
to ensure he had the necessary skills, they could provide training where
needed to ensure the person’s success in the new position.
So how does this pertain to you in your trading?
Well when you chose to become a trader, you ‘promoted’ yourself to several new jobs, for which you may
or may not have the appropriate skill sets.
If you don’t, your performance in those functions of your trading operation will suffer, and again, your
subconscious is likely to come along and “Correct” your profits to match your level of deservedness.
So what are your new roles?

 Well before you even chose trading, you were in the position of Business Investor, and really
the venture capitalist for your trading business.

 Then you became the Business Planner, looking for a business in which to invest, which
means that you were also the Researcher, Analyst and Strategist

 Then the Business Owner / Manager, with operational and financial responsibility, along
with being the one to organize and systemize everything

 You also became the Risk Manager, for all levels in your new business

 Of course, you are also now the Trader

 You are the company Accountant and Controller, in addition to being the Quality Manager

 Lastly, but certainly not least, you are the Trading System Analyst and Manager

Each of these roles has specific responsibilities, functions and related skill sets.
Just like before, if you are lacking here, your operation will suffer because you either don’t fulfill the
functions at all or do so at a less-than-optimal level, plus your subconscious will let you know by sabotaging
your efforts, which is the common trader experience.

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 13
Another Common Trader Experience – The “Discipline Fallacy”
I hear it all the time, how traders struggle with
staying disciplined to their system.
What I discovered in coaching people through
their discipline problems is that 98.4% of the time,
the problem was NOT them.
They were working with a very poorly constructed
system, which made it very difficult to execute
repeatedly.
From my Quality Assurance days, I was able to
help them fix their systems, and once we did that,
their issues went away, and consistency returned
to their trading.
Too often, people will beat themselves up for ‘not
being disciplined’, when in fact the problem is with
their system.
The issue then is that they do not have the skill set to be able to properly evaluate a trading system, nor
can they identify and fix any issues that it might have.
Most traders (even many professionals) mistakenly assume that they know how to properly systemize a
method, and to document it properly.
There is a very specific process to do it, and again, once done correctly, consistency and confidence then
come to the trading.
The emotions that arise when you’re trading are your subconscious trying to tell you that your system is
lacking in some regard and needs to be fixed. If your system was solid, you’d be calm and relaxed while
trading, knowing that things are under control.

A Matter of Trust

Another very common problem and


question is “Who can I trust?”
There are so many scammers and pure
marketers in the trading sphere, that yes,
you have to watch out.
The thing here is that the problem of ‘who
to trust’ is really a symptom of the problem.
When you are considering a new trading
system, but wondering if you can trust this
person, that the system will indeed live up to expectations, that is an indicator of the cause.

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 14
If you already knew how to evaluate a system, how to analyze it to determine its potentials and limitations,
then trust really wouldn’t be a concern.
So the problem is NOT “who can I trust?” When you lack training, you are forced into having to trust
others.
Kind of like if you know cars, and yours is acting up. You know what the problem is and what needs to be
done to fix it. When you take it to the shop, you’re not worried about getting ripped off, because you
know if they’re being straight with you or not.
It’s when you lack training on specific skills you need that you run into functional challenges, trust and
dependency issues, and of course potential self-sabotage.

Fear of Success
You’ve heard of it, probably even reflected on it, but
the real reason many have a fear of success is
because subconsciously they know that they are not
properly organized and trained up.
Because of this, the thought of trying to sustain any
significant measure of success fills them with
anxiety.
When you get yourself properly prepared for success, it will come and the fear will leave.

They Absolutely Insist On It. Shouldn’t You Too?


One almost certain killer of small businesses and trading
accounts is WASTE.
Without a well-thought out and reasonably complete plan,
most ventures simply waste too much time and money.
They either run out of money (and die) or take FOREVER to
get self-sustaining because of all the detours, missed steps,
costly mistakes and focus on the wrong matters.
This is why Venture Capitalists absolutely insist that any
proposal brought to them include a Business Plan on how the person is going to make their great idea into
a reality.
They know from years of experience, that without a proper Business Plan, odds are strong that the
business will fail.
As a matter of fact, if you have a great idea, but show up without a plan, they won’t give you the time of
day, let alone any money.
Without the Business Plan, the costs are usually too great to justify investing in the project.

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 15
Shouldn't you insist on the same?
After all, you are the Business Investor here, putting your money into your trading operation..

The Death-Spiral – To Save You?


A few years ago a friend and colleague of mine decided to do an experiment, just to see what would
happen.
What he wanted to see was how he would react if he intentionally traded way beyond his comfort zone
when using a system that had traded successfully with in the past.
For the first two weeks, he found himself stressed and a bit agitated, starting to lose money but very little.
The third week, he started noticing the physical stresses appearing and now he was losing more money
and having trouble doing what he would normally do, both in his trading and in general.
The fourth week took a huge toll on him. He found that he was getting completely reckless with his
trading, doing stupid things while fully conscious of it, but unable to stop himself. At this point he stopped
the experiment.
Now one discovery during the conversation he and I had discussing it afterwards came from asking the
question WHY?
What we concluded was that it was really a self-defense mechanism kicking in.
He was undergoing tremendous stress which was now threatening his health, so when he didn’t stop from
the initial sabotaging affecting his trading, his subconscious kicked things in to high gear.
His subconscious saw that things were getting worse stress-wise, so it forced him to take a break by really
messing up his trading.
What we also found that this explains why traders will blow up their account, fully aware as they watch it
go down in flames, yet unable to stop themselves.
Their subconscious is forcing them to stop trading by taking them completely out of the game – to save
them from the stress, and it does this as a self-preservation measure.

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 16
Enemy or Ally?
Throughout most of this report, it may
sound like your subconscious is your
enemy, but in reality it is more like a
parent looking after his or her child.
If you’re not doing something you’re
supposed to be doing, or if you lack a
certain skill necessary to do something
reasonably well, your subconscious will
let you know – and it talks to you
through your emotions.
While at times it may seem like it is out
to get you and just ruin your day, your subconscious is simply trying to make sure that things are proper. If
something is out of alignment with how they should be, it will take action to correct matters.

The ONLY Way To Appease Your Subconscious (and Have Peace of Mind Anyway) Is To Create A PROPER
Business Plan for Your Trading
Your subconscious HATES unknowns.
It views them as a threat to your survival.
The uncertainty of the markets is NOT the primary reason that you feel so much anxiety.
It is because you are not fully prepared to deal with that uncertainty (over which you have no control any
way).
The reason you feel so much anxiety and stress about your trading is because you don't have a clear vision
of HOW you'll achieve your goals.
That stress and anxiety is your subconscious speaking to you through your emotions to attend to these
unknowns.
This is why having a proper and complete BUSINESS PLAN is absolutely vital.
The proper Business Plan attends to ALL of the unknowns, so that you can have peace of mind and your
subconscious can now leave you alone about it.

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 17
What It Costs In Addition To The Personal Price
In addition to the price you pay in terms of time, quality of life and wear on you personally, there is an easy
way to see how much it costs financially to lack having a proper Business Plan and to have your
subconscious working against you.

This "Opportunity Cost" is the amount of money that you are DEPRIVING yourself and your family of by
allowing your trading to UNDER-PERFORM.

Had your trading been performing at the level that it should have, this is money that you would have had
to enjoy and use.

Can you really afford to have your trading NOT producing?

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 18
What Is Your Time Worth?
Part of being an Entrepreneurial Trader is to pay attention to numbers beyond just the bottom line, and
one of those important numbers is your hourly rate as a trader.
Remember, you’re not trading for a hobby, just to have something to do, and an activity into which you
dump money.
The whole point is to be investing your time (your LIFE) in something that provides the way you want it to,
and is the BEST use of your time.
If you make $75,000 per year at your job, on a standard 2,000 hour work year (40 hrs/wk X 50 weeks), that
makes for an hourly rate of $37.50 per hour.
So now let’s take a look at your hourly rate as a trader and see how they compare.

If the numbers work out, then great.


But if the numbers don’t work out so well, KNOWING that is a good thing.
It lets you know that you need to fix something, and that continuing on your current course is NOT what
you want to do.

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 19
The Distinguishing Mindset
First thing to do is to understand the Distinguishing Mindset that differentiates the two groups of traders.
The one group consists of Opportunity Seekers, people who are willing to risk money for the sake of profit,
usually looking for home-runs and often jumping from one thing to another, trying new systems or
whatever will “make some money”.
Then you have Entrepreneurial Traders, who choose to organize a business operation around an idea,
while willing to risk money for the sake of profit, but in a measured manner.
Here’s a quick comparison of the two.

This is why it is SO foundational for traders that sincerely want to make it, to treat their trading as the
business that it really is.

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 20
So What Can You Do?
From the perspective of you in the role of Business
Investor, the one investing in your trading operation,
it means that you shouldn’t accept any less than an
institutional business lender or venture capitalist.
A proper business plan really should be drawn up, so
that you have a reasonable assurance that the
business venture has a good chance of success, and
also realistic expectations of the business.
The other advantages of pursuing your trading as a business is that it is the fastest,
most direct path to profitability.
Without a business plan, there are just too many ways to waste time, money and energy.
The business approach specifically minimizes waste, because waste = money and time lost, gone forever.
Lastly, the Entrepreneurial Trader makes sure to acquire the skills for the various needs of the business.
This has two reasons: to ensure effective performance doing the thing of the business, and it also removes
that reason for your subconscious to sabotage you.
Trying to trade without a plan, without the training and skills you need, and without the tools we’ve
discussed in this report is really the long and winding road.

A Reality of the Financial (and Trading) World


If you go into ANYTHING without a proper plan (a sloppy or half-baked plan like “Make lots of money”
doesn’t count), then you are going on hope.
The Plan is where you take chance out of the equation by you deciding ahead of time how things will go.
The Plan is what provides peace of mind, efficiency and speed to profitability.

Trading When You Know Only “Enough To Be Dangerous”


Makes You An Easy Target
1. For the shysters and scammers who have only one intention: to rip you off if they can

2. For the pure marketers in the trading world (that often have never placed a trade themselves) that
only want to keep selling you junk trading systems, software or robots that don’t work

3. For the brokers that have questionable ethics, and don’t mind taking advantage of you any way
they can

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 21
A Quick Recap
1) The trading world is a very dangerous place for the ignorant, naïve and/or unprepared. You’ve got
literally thousands of very busy people here who are NOT your friends, they are your competitors, and
they’re working very hard to take your money rather than give you theirs.

If you show up here knowing only enough to be dangerous (like most traders who show up untrained
and without a plan), odds are 19-to-1 that you’ll wind up just being another financial casualty, quitting
after months or years of stress, time wasted and nothing to show for it but a bunch of hard personal
lessons.

2) In trading, what you don’t know really can and will hurt you, and in three different ways:

a) You simply won’t be able to perform in all the ways you NEED to, and as well as you need to, which
puts you at a severe disadvantage considering the immense competition you have, plus all the
unscrupulous people

b) By operating at a disadvantage and not realizing the performance or results you want, this carries a
high price regarding your confidence and self-esteem, and forces you to operate from a position of
doubt, hope and anxiety rather than optimism, well-founded confidence and security

c) Your subconscious will continue to remind you that you are not treating this occupation with the
proper respect, doing the things you should, and becoming the trader you need to be.

Until you attend to all the ‘loose ends’, fill the gaps, and remove the question marks from your
trading operation, your subconscious will not leave you alone nor allow you to enjoy the success
you desire.

3) “Discipline” is not your problem. You have what it takes to win. You’ve just been trying to trade
without having all the pieces to the puzzle. The problem has been your approach, not you.

4) Your time has value. Make sure that you are making the best use of it.

5) Trading is a real business, and the success you achieve and the how quickly you get there are directly
proportional to your level of organization, planning and training.

6) Your subconscious is your ally. It is trying to guide you and look out for you, if you will simply listen and
not fight it. When you reach the level of proficiency in the matters you should, it will support you and
stop sabotaging you.

7) Stop being an easy target and being taken advantage of.

8) You don’t have “psychological issues”. You’ve simply been missing some critical trader training,
particularly on the business side of it. Once you get the proper training you need and are fully
functional, your current struggles will drop away naturally and on their own.

Now that you know what’s been missing, take action on what you’ve learned here and realize that
quantum leap in your trading that you’ve been seeking!

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 22
Let me be candid with you.
NOT receiving proper and adequate training is by
far the greatest danger to you as a trader.
No matter how big you want your account to
eventually grow, doesn’t it only makes sense to do
so in the most efficient, effective and organized
manner possible?
Regardless of how long you’ve been trading, treating
your trading as the business that it is, is the only way
to ensure that you move beyond “enough to be dangerous” and avoid getting constantly slapped down by
your subconscious.

What to do now: 3 things

1. Share this with your friends and colleagues by going here http://insideouttrading.com/enough/

Or by clicking any of these 

2. Check out my YouTube channel and one of my most popular videos:


Click here  The Top Psychological Mistake Traders Make (from a Golf Perspective)

3. Email me with your thoughts on this report. Send them to brian@insideouttrading.com

It is my personal mission to help you realize your goals through trading, and I believe that
you can.

I wish you the best.

Cheers

Brian McAboy
InsideOutTrading.com

© 2015-2022 Inside Out Trading and New Ireland Ventures, LLC • www.InsideOutTrading.com • Page 23

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