Steph and I are spending our Thanksgiving in Palm Springs and visiting our friend Dann. Every time we drive into Palm Springs we are blown away by the beauty of the San Jacinto and the Santa Rosa mountain ranges. The palm trees and cactus are spread everywhere throughout the desert floor and we always love to see the hummingbirds flying around the trees and plant life.

We brought our dog, Charlie Brown, with us as Dann loves to see him. We had been keeping the doors to the house open so Charlie could come in and out and play in the enclosed yard. What we didn’t realize was that with the doors open we invited a hummingbird into the house. The bird was stuck in a window frantically flying confused while trying to find his way back out. Hummingbirds in their normal habitat are amazing fliers as they have the ability to hover, fly backwards, forwards, up and down. They are in complete command, well that is when they aren’t flying in somebody’s house. No need to worry as he tired himself out and I was able to hold a net for the bird to perch and direct him back outdoors unharmed.

When I sat down to write this article the hummingbird reminded me a bit when we help experienced traders. Some feel they are in complete control of their actions but every once in awhile they get themselves in a pickle like our hummingbird friend. One particular trader in mind was somebody that loved to put trades on late at night, which is okay but he liked to trade right away because he wanted the action instantly. Now you and I both know that the markets are not always in the best spot to trade whenever we sit down to the computer. We hope the market is set up perfectly but most times we have to sit around and wait for the action to get to a place we like. Our client’s need for instant action got him into enough trouble that it almost ruined him financially. As we uncovered this problem with some targeted questions we taught the trader to set up a game plan. As I told him my journey from trading just one market to being ready to trade multiple markets he really started to listen.

The idea is not to trade all markets at the same time. You want to be able to scan other top markets for high percentage plays rather than taking shots at a bad set-up on your favorite market just for the action. The markets sometimes find a way to take even the “best of the best” for a ride without us knowing, just like it did to our client and our hummingbird friend.

Our advice to our client has kept him in the game for the last 5 years instead of him sitting in financial ruin. We taught the trader to apply his energy better to use his inherent knowledge of the markets more productively. This proved to be a more profitable use of energy and gave the client something to do to calm his urge to trade his favorite market when it wasn’t properly set up even though he wanted to trade it.

As educators sometimes we have calm the student a bit to give him his sight back. The hummingbird had to tire himself out, which almost killed him before he realized that all I was trying to do was help him. He calmed himself and went for a ride on a net and out to safety.

So our advice to all of you traders trading only one market and struggling is this: begin to use the internet and the computer for what it was designed to do. It is designed for you to be able to shop all the stores and select the best choice from your living room.

Whatever you decide to try; you can’t win, if you don’t play!! Prosperity is at your fingertips! All you have to do is grab it!!