The Truth of the Matter

        The Bad and the Ugly

Do not be fooled by the bad and the ugly who will try to persuade you to believe that successful futures trading on a consistent basis is easy and requires little work.  I consider myself a professional trader, and I promise you, its very challenging work that requires a great deal of skill, knowledge,  discipline, persistence and hard work.  That still doesn't mean I make money on every trade, because I DO NOT.  The markets are constantly changing and nobody ever has all the answers or pieces to the puzzle. The only way you can make money on a consistent basis trading futures is to have an advantage or edge over the majority of other traders in the market.  However, that edge may not be enough, and even with an edge, a small mistake can equate to a big loss!  Statistics clearly show us that greater than 80% of the public lose money trading futures.  This has been a well established fact for some time now. The 80% lost by the public, funnels into the pockets of the 20% who are able to profit from their trading.  Important research has been done to understand why the public tends to do so poorly at commodity trading. One of the main reasons appears to be related to the publics tendency to try and forecast the markets.  The key to being a successful futures trader has less to do with your ability to forecast a markets low or high and more to do with your ability to follow the market and understand what the market is telling you on a day to day basis. To profit on a consistent basis, you must be patient enough to only trade when the probabilities are in your favor.  Before you can accomplish this, you must understand all the different variables which determine, control and make up the probabilities in the market at any given time. Although this may sound simple enough, the truth of the matter is, it takes a good deal of time to learn and requires a great deal of skill.

There are many fakes & phonies out there who claim they have the magic key to the market which unlocks some secret that enables them to make BIG money very easily only spending a few minutes a day at it.  I am not going to bother with mentioning their names, but you probably have some idea who these fakes are. I call them the "Bad & Ugly".  They are the ones that tell you profitable trading is easy and you can begin with as little as $1000.  That is a ridiculous claim in my opinion.  Remember, these fast-talkers and slick walkers who come along and tell you it is easy to make money in this business either have no idea how difficult trading can be, or they have decided to mislead you into believing this is easy, but of course only if you purchase their wonderful programs and methods. The truth is, most of these fakes do not trade themselves. Rather they spend their time selling you their marvelous books and tapes or charging $80 or higher commissions per single trade! These are the frauds, the fakes and the phonies you have to watch out for. 

Profitable trading is EXTREMELY difficult and NO TRADING SYSTEM CAN GUARANTEE you positive results.  The markets are constantly changing and what worked today or yesterday may not always work tomorrow.  The most brilliant minds in the world are focused on this puzzle.  Even these brilliant minds (e.g. Long Term Capital) do not always get it right, and they too are prone to losses.   So Remember.....

  
             If it sounds to good to be true, it probably is!


The Good will tell you the Truth about Trading

If you want to become a successful commodity trader, be prepared to put in the work. Consistent success in this business is RARE.  Sure we get a few hotdogs from time to time who get lucky and think they figured something out, but before long they go broke.  In the end, only a few become consistently successful in this business. If you are serious about becoming a professional futures trader, membership to my web site can provide you with the edge needed in this business. I trade the markets from my country home in the Midwest state of Ohio. I prefer the intimate privacy of my home office or den.  Trading requires intense concentration.  One thing most professional traders have in common is we tend to work alone.  I DO use relatively powerful computer systems networked together with continuous market data streaming in on all of them simultaneously 24 hours a day.   (Computers are very cheap labor now days).  I do NOT travel around the country giving pep talks, and you will not find me in the back of a limo making stock deals on my cell phone.  In fact, I don't like limos and I rarely use my cell phone.  The truth is, I am usually at home, alone in one of my offices pouring over my computers and all the market data spewing out of them.  Not because I have to, but because this is where my passion is.   Do you think Bill Gates must show up to work at Microsoft everyday?  Clearly, with a net worth of $50,000,000,000 (when I typed this), Bill could do anything he wants.  His passion is his work at Microsoft, and that is where he can be found.   A traders passion is the markets and that is where you will always find me.  I do not trade with anyone because successful trading requires a great deal of concentration.  This is a business, and must be treated as such.   I can always be reached via email practically 24 hours a day as rarely am I more than 20 feet away from a computer. (If I am out of the office, I carry my laptop with me).    I do set time aside to mentor people who are seriously interested in getting started in this business. The interaction with others is stimulating, and a break from the computers is refreshing for me.   I enjoy working one-on-one with new passionate traders and spend a good deal of time answering questions and educating new traders  via this web site and email.

Members of the web-site have full access to my position trading system as well as my daily overview on the markets.  Through the commentary and twice daily reports I am able to provide clear insight on my market knowledge and intuitive approach directly to members.  From this seat, you'll learn exactly what makes me tick as a futures trader including my intuition.  I am very open with my market overview and interpretation of the system.  Members know exactly what markets I am following and where I am looking to enter or exit a position.  I discuss the markets that offer the most potential to profit based on the system and the methodology I teach on a daily basis.   In addition,  I make every effort to broadcast important news events affecting the market in real-time via my exclusive HOTflash!™  live email updates.  These updates are published to members during the market day when the news events occur!  This concept is extremely unique to our service.  If you are an index day-trader, or even a day-trader in stocks, knowledge of where the resistance and support lies in the S&P is vital.  Many seasoned position traders go on to use my proprietary S&P indictors to measure the amount of buying and selling by the floor traders in Chicago during the day.   The ability to follow this winning crowd is essential to profitable S&P (stock index) day-trading.

Some people claim you do not need to follow the markets that closely to make money.  Some people claim you can just drive around in your limo and call in orders on your cell phone without even bothering with doing any research.  Some people claim that you can just watch TV or read the newspaper and forecast the markets accurately and consistently. Some people claim that making money in the markets is easy and requires hardly any work.  I am proud to say that I am not one to mislead you into believing this is easy. It's NOT!  It is very difficult as I have made that clear.  However, some people are successful at it. If you are fascinated with the markets, and have a great passion to trade,  then you owe it to yourself to at least investigate the possibility that this business just might be right for you.  However, don't expect to make money at it right away, and have other means for making money as well or other sources for cash (savings, stocks, other businesses, real estate). 

If you are interested in finding out more you can email me personally and I will personally take  the time to respond with a detailed answer. Just click on my signature below. Good luck in all  your trading!   If you are ready to become a member simply click on:

Make me a NEW MEMBER.

          To Send Email me click..> Floyd W. Upperman Jr.


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NO TRADING SYSTEM CAN GUARANTEE PROFITS
No guarantees can be made for success.  Past performance is not a guarantee of future profits. 
Futures trading is NOT my only means of income.  I also invest in stocks, real estate as well as 
generate income from other businesses. I have both winning trades and losing trades. 
I trade professionally, but not daily.  I wait for what I believe to be ideal trading opportunities. 

Very Respectfully,
Floyd W. Upperman Jr.

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Copyright © 1997 - 2001 by Floyd Upperman & Associates.  All rights reserved.
Revised: 24 Jul 2004 05:40:51 -0000.

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