Free Lottery Tickets!

Free Lottery Tickets!Everyone would agree that finding Free Lottery Tickets would be a great thing.

What if I told you that your trading, done correctly, should yield trades that produced, you guessed it, Free Lottery Tickets.

In my Electronic Trader Mentoring Program, I show traders how to convert successful trades into what I like to call free lottery tickets – trades where the risk of loss is zero and the upside is unlimited.

Does that sound like a great idea, or what? 

Successful professional trading is not about enduring pain from losses, as many traders seem to think, and it is not about taking small profits, regardless of how satisfying it feels to take a profit, even a small one. 

It is, instead, about cutting losses and exploiting profits. 

That is why I use the description of a good trade becoming a free lottery ticket with traders I coach.

The idea behind a free lottery ticket is to:

  • First, get the stop on a given successful trade to breakeven as soon as practical and,
  • Then, and this is an important “then”, let your runner run. 

Giving a runner the breathing room to become successful is the second half of a free lottery ticket. 

Too often traders are so excited to see a winning trade go in their favor that they jump out, afraid that the market will retrace and take away the profits it has grudgingly given them. 

However, the way to make real progress in your trading is to give runners the room they need to reward you to the fullest extent possible.

Allowing runners to properly reward you is done by not trying to get the high of a move, but by staying in the move until the market changes. Following your runner with a loose stop will allow you to give it the room it needs and, at the same time, capture most of the run.

Letting a runner run is the penultimate skill for a trader.

The ultimate skill for a trader is adding to a winner, but that is the topic for another day.

If you would like to learn how to earn your own Free Lottery Tickets, you should look into my one-on-one Electronic Trader Mentoring Program.  Spaces are filling up for the fall, so don’t delay. You will want to secure your place before another, more serious trader beats you to it.

Wishing you success in your trading, 


Jeff Quinto

Copyright © 2010 by Jeff Quinto, all rights reserved
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About the author

Jeff Quinto has been called "America's Preeminent Futures Trading Mentor". Jeff is a 40-year veteran futures trader, former CME member and a world-class trading coach. He has coached hundreds of futures traders, including traders from Hong Kong, France, China, England, Australia, the US and Canada.

Jeff strongly believes that professional traders are world-class competitors, comparable to professional golfers, top tennis players, and Olympic athletes. None of these competitors could have achieved their top-ranked status without first having a world-class coach.

Jeff is that world-class coach for futures traders.

I am the first to be surprised by this outcome: I am doing something I could only dream of just five months ago. Andrea Cullati, Milan, Italy

"Your mentoring is the best antidote for unsuccessful trading and I plan to succeed so best take full advantage. Never had that kind of support from those other so-called trainers." AB

I just completed Jeff's program and without a doubt, Jeff has set me on the path to success. What he taught me in three months would have taken me years to learn. Mark, CPA CFA

“Jeff, your enthusiasm is contagious. I have never had more fun trading until now. Mentoring with you was a fantastic experience” Gregor Cotman, Slovenia

“Jeff, you are the perfect trading coach with your years of trading experience, your years of coaching traders, and your years of being a great person to talk with.” Rob Wilkes

“His style is completely professional, so the critiques of my trading development are completely objective and I believe that’s why I’m evolving as a successful trader.” Rob Rogers, Chicago

“Jeff, as a mentor I’ve found you to be outstanding. You believe in people and strive to create successful traders… Thanks for your mentorship” Robert Eggleston

"Thank you for a truly valuable program" Barry N. Crockett
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A word about risk
Trading futures contracts may not be suitable for all investors. You may lose a substantial amount of money in a very short period of time. The amount you may lose is potentially unlimited and can exceed the amount you originally deposit with your broker. This is because trading is highly leveraged, with a relatively small amount of money used to establish a position in assets having a much greater value. If you are uncomfortable with this level of risk, you should not trade these contracts.
For a more detailed explanation of the risk from futures and options trading click here.
The author or any personnel associated with aforementioned makes no warranties of any kind, expressed, implied or statutory concerning the data or information provided on the following Web Pages. The opinions expressed in these webpages are the opinions of the author and do not necesssarily represent the opinions of any other entity.
Copyright © 2006 - 2021 by Jeff Quinto All Rights Reserved, Electronic Futures Trader and are educational in nature and do not provide brokerage services or make investment recommendations. Professional Trader Mentoring Program, Professional Trader Masters Program and are trademarks of Jeff Quinto dba Electronic Futures Trader