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12 Powers to Successful Trading
How To Achieve Your Own Backpack Trader Freedom Lifestyle!
What specific steps you MUST take to succeed in the markets on a consistent basis
The secret proven concepts we use to create the roadmap to consistency
What causes most traders to fail, direct from our survey of hundreds of traders -- and how to overcome these challenges! Priceless Information!
A trail that you can embark upon to achieve the "backpack trader" lifestyle of freedom for yourself, requiring only a few minutes per day on average
Presented by
Troy Noonan
Founder of Backpack Trader, Troy is a veteran trader of 30 plus years who has created time-tested strategies and tools that only get better and better.
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Learn the 12 essentials
that belong to any successful trading program, so that you can achieve maximum success, and live the lifestyle you’ve always imagined for yourself.
This Guide will help you reach your financial goals so you can finally have the freedom to live life on your terms..
I almost canceled the CPT, thinking it was too expensive. I thought it was just another trade system someone was trying to sell. I gave it a try according to my work schedule. And boy am I glad I did! Canceling would have been a BIG mistake! Thanks TJ
No, that is not a stock to trade! Just my way of saying that you are doing such awesome work for all of us.
The Counter Punch has returned 7K already this month trading one contract to T2 ( I guess) so if I have to just sit there from 8-12 every morning and watch, then so be it.
I am enjoying the ES and YM and have had some great trades and the NQ also looks very good so many thanks.
I have probably spent over $10,000 in other systems the past few years but what sets CPT way above all the others is the way it sets the entry, stop and targets which are very reliable. It takes away a lot of the emotion which has been my big problem in the past.
The Backpack Trader is a system built for any lifestyle. The Backpack Trader system generally takes less than 15 min per day. The Backpack Trader systems success is built on a traders ability to follow a proven success plan not based on their ability to be a perfect trader. Many Backpack Traders are only executing one trade per day or one and done. Following one of my simple trade plans a person can see for themselves a mathematical formula starting with one contract and growing to $10,000/mo. over a couple in 2 years time.
All of the Backpack Trader Students are strongly encouraged to start trading in simulation mode to prove their trade plan before ever risking capital. Once a student has a proven trade plan there is not designated amount required to trade. Many Backpack Traders begin with around $1,000. Seek a beginner’s market where you can risk 2% or less per trade with a $1,000 account. You should have a good idea of what market that would be from your Stage 1 work. For example, with the Counter Punch Trader or Spotlight Power Trader, this may include the Dow eMini, Nasdaq eMini, the Russell eMini, Forex and possibly others. Why? Because you can trade 1 contract and your average risk per trade will be less than 2% per a $1,000 account. You might be able to trade other markets too, if you use a timeframe that limits the average loss to 2% or less. The general guideline should be to risk approximately 2% of your account on the average risk of the typical trade that would be part of your proven trade plan.
Risk is the tool we use to make money trading. It IS a double edged sharp knife however so it must be used properly and with great respect. Risk implies losses. There ARE losing trades inside of the very best winning tradeplans and strategies. It makes no sense to fight that notion or to deny that fact. ‘lean on the system.’ It takes all the pressure off of yourself as a trader but most importantly, if you do your homework and follow the Backpack Trader system, you will be far better off than most of the traders out there, you will have stacked the odds in your favor. Then it just becomes a numbers game. You will be making decisions with house odds. Let the odds do the heavy lifting. You have to give the odds the ability to do the hard work and lift the value of your account as you continue down the path of running your trading like a business.
The Backpack Trader system is for people who want to spend their time enjoying their life not sitting in front of a computer all day. Most of the trading systems on the market are founded on the idea that the trader will be an expert analyst. The Backpack Trader was created out of a desire to fund pursue my passion of traveling the world playing drums, not my passion to become a chart analyst. When it comes to success at trading, you will find that ‘less is more,’ especially if you are ready to commit to your reason for trading, to make money. It’s all about learning how to keep your gains. Nothing is worse than having a successful session, only to keep trading beyond the tradeplan rules to then give your earnings back to the market. The great irony is that we can have our cake and eat it too. We can trade more if we want so long as we stick to proven tradeplans that each use its own power of quitting goals. If you want to trade more, add another proven tradeplan.
IF YOU DO NOT AGREE WITH ANY TERM OR PROVISION OF OUR TERMS AND CONDITIONS, PLEASE EXIT THE SITE IMMEDIATELY. PLEASE BE ADVISED THAT YOUR CONTINUED USE OF THIS SITE OR THE PRODUCTS OR INFORMATION PROVIDED THEREBY SHALL INDICATE YOUR CONSENT AND AGREEMENT TO THESE TERMS AND CONDITIONS. The risk of loss in trading commodity futures contracts, foreign exchange currency (forex), equities and options can be substantial. You should, therefore, carefully consider whether such trading is suitable for you in light of your circumstances and financial resources. All trades discussed are not meant to be financial advice of any kind and are the opinions of the presenter, meant for educational and discussion purposes only. Backpack Trader may express or utilize testimonials or descriptions of past performance, but such items are not indicative of future results or performance, or any representation, warranty or guaranty that any result will be obtained by you. These results and performances are NOT TYPICAL, and you should not expect to achieve the same or similar results or performance. Your results may differ materially from those expressed or utilized by Backpack Trader LLC due to a number of factors. Click on our Risk Disclosure link to view our entire risk disclosure.
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