Two Simple Steps to (Really) Making More Money in 2019

Every January, without fail, TV and online publications run endless stories on the best New Year's resolutions to make. You've probably seen a million of 'em this week.

Always rounding out the top of the list: "Make more money."

And the sad truth is that, by February, at least 90% of people have already failed. It's not for lack of trying or because making more money is somehow impossible. It isn't.

In fact, it's a combination of reasons, like early setbacks, bad investing and trading research, poor risk management, or too-small gains (yes, small profits - more on that in a second).

No need to let that happen to you this year. I'm about to show you some simple steps to take to make 2019 a banner year for you, your family, and your money...

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Step No. 1: Know Yourself - Identify Your Trading Type

Of the hundreds of high-tech trading tools at your fingertips today, none of them will be able to do the most important thing: control your trading behavior.

Your personality, your emotions, and your risk tolerance are unique. Even if you somehow mastered every form of technical analysis or memorized Warren Buffet's every move, there's no guarantee you'll have the same success.

This Can Happen Day After Day: $2,775 on Monday, $2,575 on Tuesday, $4,350 on Wednesday, $3,125 on Thursday, $2,975 on Friday. Click here to see for yourself...

If you simply copy what a book or trader says to do and when to do it - without identifying your own trading type first - you're actually doing yourself (and your money) more harm than good. Ultimately, in that case, you're doing nothing more than gambling and hoping for the best.

You need to know what kind of trader you are (directional or non-directional) so that you can whittle down the strategies you should focus on for profits. Directional traders focus on price and time. On the flip side, if you're a non-directional trader, you're going to be looking at volatility first.

But before you even think about placing a trade, make sure you do this...

Step No. 2: Set Your Price and Time Targets... Every Time

A lot of technical indicators are constructed around moving averages that give you "buy and sell signals."

But what if, for example, you see a signal to sell before you've booked any serious profit - and THEN take a loss? I think it's safe to say you wouldn't be too happy - and would probably think whatever indicator you used failed.

That's why it's best to establish your price and time targets first.

You can do this easily by clicking here to subscribe to my free weekly Power Profit Trades research or by looking at a stock's past price moves and patterns and eyeballing the time frame in which you need the price moves to happen.

Establishing the price at which you need a stock to move and the time frame in which it needs to move is extremely important because it prevents you from taking a trade that costs too much and requires you to wait several years for profits.

This will not only save you huge amounts of headache and sorrow, but you'll have a much better chance of watching your wealth grow week after week.

If You Do This by Tomorrow, You Could Secure $1,500

In 2018, we reached record highs in sales - and we couldn't have done it without you. That's why we're giving back to our readers... and if you see this and take action before Sunday at midnight, we could owe you a check worth a minimum of $1,500...

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About the Author

Tom Gentile, options trading specialist for Money Map Press, is widely known as America's No. 1 Pattern Trader thanks to his nearly 30 years of experience spotting lucrative patterns in options trading. Tom has taught over 300,000 traders his option trading secrets in a variety of settings, including seminars and workshops. He's also a bestselling author of eight books and training courses.

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