Replace Your Income with Options Sunny Harris, The Money Mentor, Ep #142
Sunny J. Harris has been trading since 1981. She is a computer programmer and Mathematician, having used TradeStation since the early SystemWriter™ and SuperCharts™ days in the 1980s. Besides TradeStation, Sunny has also used MetaStock, Genesis Navigator, NinjaTrader, TC2000, VantagePoint and MultiCharts (and more) in her own trading. Sunny is the CEO of Sunny Harris Enterprises, and a full-time trader who also published Traders' Catalog & Resource Guide (TC&RG) magazine for 8 years, beginning in 1993. She has sponsored The Money Mentor (since 1995), and was rated the #1 trader in the “under $10 million category” by Stark Research, 2 years in a row, achieving 365% and 178% profits! In this episode of How To Trade It, Sunny and Casey discuss practical steps to learning to trade well and the usefulness of the SunnyBands Indicator in finding success. You don’t want to miss it!
You’ll want to listen to this episode, if you are interested in hearing Sunny Harris discuss…
- [00:46] How she got started
- [04:32] Programming on punch cards with 0s and 1s
- [05:53] The Market crash of ‘87
- [09:35] Strictly technical
- [11:30] Indicators give you "whip saw"
- [13:18] Keys to success
- [15:43] SunnyBands Indicator
- [18:35] Getting out of a trade
- [20:34] Free training with Indicators
Finding Success
Simply put, Sunny says that traders need to settle down and come up with a strategy they can prove works, by back-testing. The people who don’t want to do the backtesting don’t really want to know the answer. Once you have a system that you trust, you trade it. It’s that simple. There is only one reason to trade and that is to make money. You aren’t trading for excitement. Losing trades always generate more excitement than winning trades. Unfortunately, that’s not the kind of excitement that traders want or need. It takes approximately three years to truly find trading success. Most people don’t make it because they think that they are going to start trading and will make a ton of money right away. Chances are good that won’t happen. It takes time and effort.
Resources & People Mentioned
- TradeStation
- Books by Sunny J. Harris
- Forex Factory (news/events)
- Larry Williams
- Jake Bernstein
- SunnyBands Indicator - 20% off for podcast listeners!
Connect with Sunny Harris
- Website: http://www.MoneyMentor.com
- Facebook:
Grab your copy of the Complete Trading System This book teaches you how to build a trading system from the ground up and how to become profitable in the markets.
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Casey Stubbs
Freedom Income Options
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