Predictable Monthly Profits

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Trading involves substantial risk.
This information is presented only for informational and entertainment purposes,

and should NOT be construed as financial advice. There are no guarantees
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I STARTED TRADING WITH THE INTENT OF
HAVING CONTROL OF MY INCOME AND
MY TIME, SO THAT I’D BE IN A POSITION
TO LIVE A GOOD LIFE MYSELF PLUS THE
MEANS AND THE FREEDOM TO MAKE A
MEANINGFUL CONTRIBUTION IN THE LIVES
OF OTHERS, STARTING WITH MY FAMILY.
This is a goal I find that I share with most people who choose trading. We’re all
here to do something good with our trading, not just for ourselves, but others
too. It all starts with getting control of your trading and making it predictable.
It starts with Predictable Monthly Profits.
Predictable Monthly Profits accomplish 4 things…

 They give you a clear, finite and tangible look to the future
 They replace hope with confidence and peace of mind
 They give you actual numbers to plan what you’ll do in your life with your
trading profits
 They give you a means of accountability to keep you on track
 They give you control over your life and your future
How I Learned to Create Predictable
Monthly Profits
In 2004, I’d been trading very actively while still working at my full-time job. I’d
taken my account from $30,000 to just over $47,000 and was feeling pretty
euphoric after a really nice run with an oil position I’d taken.
But then I got stupid.
My broker advised me (this was back when it was still common to place trades
over the phone through a broker) to take my profits, that many institutional
investors were. I told him that I was sure the run wasn’t over and to “Let it ride”.
The market immediately turned and I freaked out. I watched helplessly as my

account continued to drop. If finally got out, but was so determined to “make it
all back” that I started chasing anything that sounded like it would make money.
Eventually I was forced to take a break after running my account all the way down
to just $1,700.
At the same time, I knew that trading was one thing I would not give up on. It’s
one of the very few pursuits where we can do well regardless of the economy or
market mood.
I had no idea what I was going to do. Perhaps this hasn’t been your experience,
but like many traders, I’m sure there’s something that has happened that drove
you to take control of your trading.
For me, this account blow up drove me to action.
I started researching how to get my trading under control and kept finding the
same advice. The traders that seemed to be doing really well were focusing not
so much on making money TODAY, but mostly focusing on the consistency of
their profits over time.
So I decided that if I wanted to make it as a trader, I needed to focus on
consistency, not just making a profit today.
If I could get that consistency down, then I could get off the emotional
rollercoaster I’d been on, start treating this like a real business, and have some
peace of mind about it instead of the massive daily anxiety I’d lived with. I
couldn’t continue trading by the seat of my pants.
To do that, I needed to find a good system (or so I thought anyway).
I quickly realized that finding a good system that would solve all my problems
was much harder than I expected.
Here’s what I ran into…
 Like many traders, I struggled to figure out which system I should be

using, and that left me feeling even more confused and lost than before.
 And like many traders, I found that it seems like every Tom, Dick and
Harry has a ‘Holy Grail’ strategy where they “just cracked the code!”, but
that most were simply junk systems where they’d been curve-fit to make
the numbers look good. This left me feeling really jaded and skeptical and
even more isolated than I already felt, and wondering if anybody really
makes money trading (except of course for the brokers and scammers)
 Finally, when I did find a system that seemed truly promising, I had a
really tough time sticking to it, and even when I did stick to it, I still
struggled to make consistent profits from one month to the next. Usually,
the results would just continue to decline and eventually I’d be off looking
for another system again. Either that, or I’d just wind up plodding along,
not making any money, and not making any progress either, just kind of
coasting along. This left me feeling hopeless that this would ever work.
I’d love to be able to tell you that I found some magical strategy that solved all
these problems. But the truth is that I just started looking around the internet
and in various books on Amazon, without really finding the answer.
I bought all kinds of systems, books, software, including one “forward indicating”
software for $7,000 (ouch!) that didn’t wind up being any better than any other
indicator that I could get for free, and looked into the various conversations on
“trading psychology”. I made a little progress, but wasn’t really even close to
feeling truly confident and I was really tired of trying to trade on courage and
hope alone.
What finally turned the corner for me was a conversation with a friend about the
whole trading debacle.
She reminded me that I was a Quality Assurance Manager, where processes and
“consistent output” were my full-time job and that “consistency” was actually one
of my strengths and my area of expertise. She made me realize that instead of
trying to follow all the trading “guru’s” and just focusing on ‘discipline’ and
‘psychology’, that I should take what made me and the plant where I worked so
successful, and apply it to my trading. So I took her advice.
Just getting clear on what I needed to do was a huge relief by itself.
Once I actually applied the Quality stuff to my trading, it made an immediate

impact. It took a few iterations, but eventually I was able to take a method and
really make a solid system of it, where I felt comfortable trading it and it was
producing predictably.
Over time in my own trading, and particularly in teaching this to other traders,
I’ve become very good at taking strategies and methods and creating systems that
just plain work, and not only for me, but for my clients and students as well.
Here’s how things are now…
 I went from not having a clue on which strategy I should be using, which
one was ‘right’ for me, to having a ‘playbook’ of systems that I know all
work, so I can trade in any market mood or condition with confidence and
know that I’m okay and that at the end of the month, I’m making money
 I went from having a hard time finding a decent system that actually
worked to being able to take ANY decent strategy and build my own
system with it that would actually produce and that I could count on.
This opened up a whole new world for me where instead of feeling lack and
skepticism, now I enjoy a tremendous abundance and freedom when it
comes to my choices of what to use when trading.
 I went from trading on an emotional rollercoaster, hesitating, chasing

trades, staying in too long or getting out too early, etc. – and jumping from
strategy to strategy - to trading in a relaxed state, not worried at all about
any given trade and even being unaffected by it when the market turns
against me and even when I see other great opportunities. There’s not any
feeling of missing out any more. I’m at peace when I trade now and so are
my students
As I’m writing this in 2023, I’ve helped over 3,000 traders go from struggling to
making predictable monthly profits and fully enjoying their trading and the
lifestyle it provides them.
I’ve found in my own experience and in helping other traders, that if you
approach this occupation correctly and you acquire the right skill sets and
perspectives, that trading can be very straightforward and that it does NOT take
5-22 years to get consistently profitable.
If you implement the formula I’m about to share with you, then you can get there
in a matter of weeks, not years. Just the fact that you’re in a position to trade,
demonstrates that you have what it takes, and I’m here to help you get there.
Here’s the Formula for Predictable Monthly Profits: SS + S&C +MC + OH
This Report Covers Some Important Matters
1. The Money of Trading - How Much Money Can You Be Making and How
Much Should You Be Making With Your Trading?
Now why would I include something like this here?
Trading IS a financial pursuit and hopefully you’re approaching it with at least the
mindset that you’re an investor – in this business. And if you’re putting your
money into something with the intent of a return, then it only makes sense that
you have an idea of what kind of return you can expect from it, doesn’t it?
You’d probably be amazed at how many traders I’ve asked, “Do you know how
much you should be making from your trading?” and the answer is “No idea.”
This part will let you have a look at the numbers of trading, so you can gauge if
your trading is the investment you hoped it would be, and if not then you have a
number to compare to the other thousand things you could invest in.
2. The Simple Secret to Making Money in Trading (that nearly everyone misses)
It really does boil down to one simple matter of focus
3. The Three Obstacles to Consistent Profits (That You Previously Weren’t

Aware Of)
Most traders are being held back and are blaming themselves for their trading not
going as they’d like. In this section, you’ll discover what’s really been giving you
problems, so now you can do something about it and actually get beyond them.
4. The Four Predictable Profit Elements of the Formula to Get You Making
Predictable Monthly Profits In a Reasonable Time (NOT 5 to22 years)
There are 4 things you need to get consistently profitable and in a sustainable
manner, and within a reasonable period of time. With trading, it should NOT take
years. Weeks or months is realistic.
Okay, so let’s get to it shall we?
Part 1. The Money of Trading
– How to Know How Much You Can (and Should Make)
So how much is realistic to make as a retail trader?
I’ve had arguments with people on forums and social media groups where they
were of the mind that if you’re making over 1-2%, then you’re lying, that this is
not possible.
Is it possible to make 6% account ROI every month?
How about 20% a month?
Is it feasible to make 50% or even 100%?
Well in one regard, trading is the same as any other business. There are some
businesses that have super-thin margins and don’t make diddly. Others are about
average, and some are crushing it.
Trading is no different.
In ANY business, the revenue for any given period is determined by the number of
transactions times the dollar value of each of those transactions. And of course,
the profit is the revenue minus the costs.
So let’s look at an example and see what might be reasonable or representative

for trading.
Account size = $25,000
Per-trade risk limit = 2%
Winning percent = 50%
Profit-to-loss ratio = 2 to 1
Average number of trades placed in a week = 5, just 1 trade per day, or in a

4-week month, 20 trades
So in our example, here’s how the numbers work out in terms of monthly profit
and account ROI:
Risk on each trade = account size * per-trade-risk limit
Risk on each trade = $25,000 * 2% (or 0.02) = $500
Assuming stop-outs on the losing trades, then the average loss will be $500
The Profit-to-loss ratio = 2 to 1, meaning the average winner is 2 times the

amount of the average loss
Average win = 2 * average loss
Average win = 2 * $500 = $1,000
20 trades per month (using a 4-week month and 5 trades per week,)
50% winners
10 winners, 10 losses
Total profits =10 wins * average win = 10 * $1,000 = $10,000
Total losses = 10 losses * average loss = 10 * $500 = $5,000
Net profit for the month = Total profits – total losses
Net profit for the month = $10,000 - $5,000
Net profit for the month = $5,000
Monthly Account ROI = Net Profit / beginning account balance
Monthly Account ROI = $5,000 / $25,000 = 20%
Or if you want to look at it another way, in terms of expectancy (which you’ll find
is simply the average return-per-trade)
Using the same scenario,
Account size = $25,000
Per-trade risk limit = 2%
Winning percent = 50%
Profit-to-loss ratio = 2 to 1
Average number of trades placed in the month = 20 (5 trades per week, 4

weeks per month)
Expectancy = Avg win * win % - Avg loss * loss % (or 1- win %)
Expectancy = $1,000 * 50% - $500 * 50%
Expectancy = $500 - $250
Expectancy = $250 net profit per trade, all trades included
In terms of your account, this works out to 1% ($250/$25,000)
Net Profit for the month = Expectancy * number of trades in the month
Net Profit for the month = $250 per trade * 20 trades
Net Profit for the month = $5,000
Monthly Account ROI = Net Profit / beginning account balance
Monthly Account ROI = $5,000 / $25,000 = 20%
Okay, so that’s a look at ONE situation, but remember we said that your net profit
and related ROI depend on the average transaction and the number of
transactions.
The example we just looked at considered only placing one trade per day, and
wound up with an account ROI of 20%
20 trades * 1% of account average net profit per trade = 20% account ROI
So is it reasonable, or is it even possible to make 50% ROI a month or even say

100%?
Well if your average return-per-trade is 1% of your account like in the example

above ($250 average return /$25,000 account size), then all you need to do to
increase your ROI is to either increase the profit-per-trade or increase the number
of trades
In our example, we looked at placing only 1 trade per day, or 20 total per month
But how about if we didn’t change anything else except the number of trades?
How about if we placed 2 trades per day without changing anything else? That
would give you 40 trades for the month (2/day * 5 days/wk * 4 wks/mo = 40)
40 trades * 1% of account average net profit per trade = 40% account ROI
So in trading, again, just like in any other business, what is realistic all depends on
how many transactions you’re getting in every month and the average size of
those transactions.
Best of all, this is something over which you have control: how often and how
much, and thus your income and ROI from your trading.
So how is it that making that kind of money, this kind of profitability, seems to
elude so many traders, the majority in fact?
First and foremost, it is a simple matter of the right focus
That’s what we’ll look at next: the Simple Secret to Making Money in Trading
Part 2. The Simple Secret to Making
Money in Trading
I'll share the simple secret to making money trading with you in just a minute.
But first, do not make the mistake that will prevent you from capitalizing on this
simple secret. And here's what I'm talking about and, and it's one of my favorite
quotes. This is from Mark Twain.
“What gets us into trouble is not what we don't know. It's what we know for sure.
That ain't just ain't so.”
And here's what I'm talking about. This is a limiting mistake. Most traders assume
that if they're struggling to make money, consistently, if they regularly do things
that hurt the bottom line, like hesitating, chasing trades over trading, staying in
too long, all that kind of stuff, they assume that they know what the cause is and
usually they think it's discipline and that they don't need to look further.
That's a huge mistake. Discipline is part of it, but it's certainly not all, really. It's
not. There's more to it than just discipline. More to it than just psychology or
mindset, the way most everyone thinks. There are two other factors at play that
contribute as much, if not more than a lack of discipline.
There are three obstacles that are in your way to getting consistent profits, and if
you don't address all three, that consistency you seek will continue to elude you
and you'll continue to be frustrated with missed profits and unnecessary losses.
Okay, that said, here's the secret. The simple secret to making money trading is
this,
“An average or even mediocre strategy executed consistently will outperform

and make more money than a great strategy executed inconsistently.”
This seriously is the secret: an average or even mediocre strategy executed
consistently will outperform and make more money than a great strategy
executed inconsistently.
Or restated, “If you want consistent profits, focus on consistency first, more so
than the strategy.”
When you get the consistency part right, adjusting for profit becomes easy. Or
even more simply stated,
“Consistency matters more than the strategy used.”
If you can just get this in your head and keep it in mind in your daily trading, this
will be a huge advantage for you.
Now, let's talk about why it doesn't happen, though, and you see, this is a big
deal.
There are generally two things happening that keep you from enjoying
consistency.
First is the approach most traders take. It's backwards from a consistency
standpoint.
So when we're talking about the approach, if the goal is consistent output, most
traders are taking the wrong approach from a process perspective, and again, this
is me as a Quality Engineer speaking here. What most traders do is think “I’ll look
for a good strategy and then try to figure out how to be consistent with it.”
This is really the hard way, and here's why. The better approach is to focus on
consistency first, then profit, because it is so much easier to adjust consistent
trading for better performance than it is to fix trading that's all over the place.
The second thing happening is not understanding the 3 obstacles that keep you
from being able to execute consistently as far as the approach, and here's what
I'm talking about. Let’s have a look at them now.
Part 3. The Three Obstacles that Keep
Traders from Realizing Predictable
Monthly Profits
Let's go ahead and take a look at the three obstacles that keep you from enjoying
consistency in your trading. Even once you're aware and thinking “I want to be
consistent”, there are three obstacles that are in your way.
Obstacle #1: Deviating from your rules (but maybe not for the reason you think)
This is where you just plain don't do what you're supposed to do when you're
supposed to do it, or you do things that you shouldn't.
A very common obstacle to consistent profits, one everybody's aware of it, BUT,
not necessarily for the reason that most believe, so it’s real important that you
pay attention.
Now, most traders see this as a result of emotions and a lack of discipline or some
other psychological issue. The thing is, you're not screwed up. A lot of people
come to me and they say,
“Brian, I have a good system. The problem

must be me. What I need to fix is ME!”
And the thing is, what I've found in working one-on-one with hundreds of traders
is that most traders don't have psychological issues, at least not that they bring to
trading from the outside. See, here's the thing. You've already demonstrated
that you have what it takes to be successful as a trader.
You really have. If you had real issues with discipline or success or money, you
wouldn't be in a position to trade. Just the fact that you're in a position to trade
demonstrates that you have what it takes as a person, to make it as a trader and
to do the things you need to do.
So the question is, “Is it possible that there's another cause of the deviation
problem besides emotional control and discipline and psychological issues?”
Here's what I'm talking about. Consider this.
If you take a person of reasonable intelligence and throw them into a skill-
based activity like trading, but without the adequate training and proper
preparation that they need, the experience is likely to be stressful, difficult,
not very successful, and almost impossible for it not to be emotional.
Sound familiar? BUT, if you take that same person and give them adequate
training and proper preparation, and then put them in the activity, they'll
just go do their thing and they'll be fine.
You've probably seen this. You've probably experienced it for yourself.
What happens with traders is worse than inadequate training. Really, it is. For
traders, the situation is even more challenging and it's due to what I call the Kiss
of Death. When I started out, I started trading with real money way before I was
really ready.
I looked at trading and thought, “It's easy enough. Got it. I understand it.” I
jumped in with both feet, but in being honest with myself, I didn't know what the
heck I was doing. I didn't. I hadn‘t received any decent training at all. It was pretty
much just learning a method or two, and that was it. That's the way most traders
get started.
It’s bad enough in the first days and months, because I had no training, and I
didn't know what the heck I was doing, what I wound up doing was practicing bad
trading, wiring the wrong things into my head and my body. For weeks and
months, I'm practicing bad trading, emotional trading, scared trading, angry
trading, emotional trading, making bad moves, and thinking that this is what's
normal.
And that's the whole thing. During this period, it went from thinking about
trading to actually trading with real money. It's an experience and what
happens is when you do that and you start trading with real money before
you're even close to ready, is you wind up establishing all sorts of bad mental
habits and perspectives and emotional responses and really just a terrible
“Normal”.
That's very counterproductive. You know what I'm talking about? Okay.
Back to the deviating. You see, it's really not just a matter of discipline. The
emotional and undisciplined trading has been established as the normal in how
you got wired in your early days and weeks of trading with real money. It was
your experience.
It wasn't something you were just imagining or thinking about. It was your
experience and it's what you got used to. It's how you got trained in the beginning
that this is what trading is.
So, the question is, “Can you see how, maybe it's not a matter of a lack of
discipline, but really a matter of established bad mental habits and ingrained
emotional responses?”
Again, because you probably experience all kinds of things in trading that you
don't in other areas of your life. This is one of the things that makes it unique to
trading.
Obstacle #2: Changes
This is a big deal. Most traders, being good people and smart, if things aren't
working, we have the natural impulse to do something about it. In life and in
general this is a good thing, but in trading, this can present problems that
accumulate and get worse over time.
Here's what I'm talking about.
If your system doesn't appear to be working right, you go in and you make an
adjustment to try to fix it.
So here's the scenario: you’re going along, trading, and it’s good one day, bad
another, and you're having a lot of back and forth. You're on a bit of a
rollercoaster and you wind up making somewhat regular adjustments and
modifications to your system.
Well, over time they add up and you might not even remember where you
started, and after three or six months you've got a very different system. It’s
likely to be very different from what was working last week or last month. And the
problem is, you don't know what helped and what hurt as far as all the different
changes that you've made or even what changes you've made.
A lot of times you don't even know what worked to start with. You might wind up
in the spot where you’re saying to yourself, “I don't even know what point in time
to go back to, even if I could remember it.”
So the question is “Do you see how you could actually be sticking to your
system, but if that system is getting changed, adjusted or tweaked regularly,
how that would affect the consistency of your results from one month to the
next?”
This is another aspect of consistent profits that a lot of people just plain don't pay
attention to.
So can you also see that if no one ever showed you how to go about making
changes to your system in a calculated, organized, and business-like manner that
again, this would be a matter of a lack of good training rather than a personal
matter of discipline or self-control in the moment?
Okay. Something that I'm wanting to raise your awareness to is another aspect of
not getting consistent results that really has nothing to do with discipline or
sticking to your rules or self-control, because you make a change, you stick to it,
you make a change, you stick to it. You can be sticking to your system, not
deviating from it, yet this strongly impacts your ability to enjoy consistent profits,
predictable monthly profits.
It's all the regular changes that are the problem.
Obstacle #3: Having a decent strategy but a lousy system to start with
Seriously. This was really brought home for me back in 2009. There was a six
month period where I had a lot of people coming to me that were all struggling
with hesitation. It was like the flavor of the season was hesitation.
When talking with them one-on-one, we explored all the psychological aspects
that you would normally expect and according to general psychological theory
looking for self-sabotage or “Mommy-Daddy issues” or beliefs and that kind of
stuff.
But nothing that was coming up was saying, this is the problem and this should be
causing the hesitation. I remember talking with this one guy one day, and I don't
remember how it came to me, but it came to me to ask him, “Hey, would you
walk me through your system?”
And it was a really interesting moment and it was a real aha moment for him and
me because when I asked him he got all jazzed up and his mood picked up. He
dove into it and he starts talking me through his system.
Well, it didn't take very long until we get to a spot where he gets very
uncomfortable and he’s having a hard time explaining what’s going on at that
point. And, so it's like, all right, well let's go ahead and work on past this. What we
found was that there were several points where his system just plain had
problems, functional problems.
Again, with me being a Quality Engineer, I know the difference between a process
that will be repeatable and one that will have issues. What I’ve found in going
through tons of systems over the years is that most trading systems have an
inherent variability in the system itself. It's like there's a certain amount of
inconsistency that's built-in to what you're doing, and that's huge.
This also goes back to 2007 when I put together a back testing tool and was
talking with a bunch of people about back testing. They were all excited about
the release so they could go back test their systems and see the measured results.
Funny thing is, I had several people come back to me and say, “Well I didn't
realize it until I tried to back test my system, but I don't really have a system. It's
more of an idea for a system.”
That's the thing. What they have is a lousy system. The strategy was okay, but as
the system goes, it, it was horrible.
So back to Quality and we keep coming back to this because Quality really is a
foundation of success. From my Quality days, I know what makes for a good,
repeatable, predictable process that will produce consistent results.
That was my job for several years in a manufacturing environment, but it's
amazing how many traders are sticking to their system, not changing it, but are
plagued with lousy results because of the system itself. They don't realize that the
way the system's put together is what's causing the problem.
We're going to come back to this here in just a second because this is a big, big
deal. It really is. This probably causes as many problems as anything else for
traders, and this is a problem that can last indefinitely if you're not aware of it.
Part 4. The Four Elements of the
Formula to Get You Making Predictable
Monthly Profits in a Reasonable Period
of Time
Here’s the Formula for Predictable Monthly Profits: SS + S&C +MC + OH
In helping thousands of traders over the last 17 years, I’ve found that there are
four things, four elements to the formula that every trader needs to get
consistently profitable in a reasonable period of time.
But before we get too far into it, let’s get clear on a very important matter:
What is a “reasonable time” for a person to get predictably profitable as a

trader?
In and of itself, trading is not so complex that it requires YEARS to understand and
become competent. However, it does NOT lend itself to being “figured out”, as
you have probably experienced.
The markets will continue to slap you and take your money without telling you
what you’re doing wrong. That’s why in most trading books, it says that it takes
5-22 years to become a consistently profitable trader.
It just takes that long to figure it out when you’re going it all alone and doing it all
by yourself. The problem is, that you don’t know what you don’t know, and you
can’t see what you can’t see.
HOWEVER, if you have good help, you can get there in a few months or even just
a matter of weeks. If you’ve been trading for more than 6 months and you’re
losing money or struggling to make it, that’s a clear indication that you should
reconsider your approach and think about getting some outside help.
Trading is an occupation based on knowledge and skills and it just shouldn’t take
YEARS to get there. If it’s taking years, then again, reconsider how you’re going
about this and think about taking a different approach from what you have been.
One lesson I learned from my dad which I’ve found to be very worthwhile, and
particularly helpful when it comes to things like trading is that you need to have
enough patience to let things develop, but beyond a certain point, you’re just
wasting time. At a certain point, you need to stop and reassess what you’re doing
and change direction if it makes sense.
Okay, so let’s look at the Four Predictable Profit Elements of the Formula, the four
things every trader needs to get predictably profitable in a reasonable period of
time, as in weeks rather than years.
Predictable Profit Element #1: A SOLID SYSTEM
How can you expect any kind of consistent results, let alone predictable, if you
yourself are inconsistent in what you do? You can’t get consistent results if you’re
all over the place and being random in what YOU are doing.
You have to be consistent in what you do if you want consistent profits. It’s as
simple as that, and here’s why:
If you do indeed have a good strategy, you want to execute that strategy over and
over and over again, right? But you have to do so consistently, or the strategy
kind of doesn’t matter.
Now one HUGE mistake traders (are often led to) make is thinking that a good
strategy equals a good system. This is NOT true, but thinking it is true is what gets
so many traders into trouble and locked into years of struggle.
You see, a strategy and a system are two different matters.
Your strategy is how you plan to get in and out of the markets and make money.
Your system is how you plan to execute that strategy hundreds or even thousands
of times – consistently.
I mean, if it’s something that makes you money, you want to do it over and over
and over again, as many times as you can, right? Over time, you want to do it
probably hundreds or even thousands of times, right?
So let’s clear up this common misunderstanding with a simple question…
“What is a trading system?”
When I ask most traders the question, I usually get the following answers
“It’s my rules”
“It’s my rules and indicators”
From my Quality days, here’s the distinction:
Your trading system is WHAT YOU DO
The rules and indicators are tools used in the system, but they are NOT the
system.
If consistency and more importantly predictability is your goal, then what you do
again needs to be consistent. After all, YOU are an input to the process, and you
don’t want to be just adding variability, right?
Now again, a major lesson from my Quality days, is that if you want something
done consistently over time, it is absolutely imperative that it be written down.
Otherwise you’re just operating on memory.
The problem with that, especially with trading, is that you’re making decisions
based on how you interpret the information you take in.
Let’s say you’re having a rough week or you’re just not feeling great today. How
you interpret what you see on the charts is likely to be very different from how it
is on days when you’re feeling great and upbeat. Again, this is adding variability
to the process of placing trades – and the corresponding output.
If you’re operating from memory and how you interpret the information is
‘subject to’ how you’re feeling at the moment, then yes, you are likely to
experience rather variable results in your trading – meaning that again, some days
it will seem like your ‘system’ isn’t working and others it is, and some days the
markets will appear to be ‘out to ruin your day’ and much more friendly other
days.
This is one of the main reasons that it is SO crucial to document your system.
Again, from my Quality days and being responsible for consistent performance
from hundreds of people throughout the plant, a huge lesson learned is that if
you want consistent, predictable performance and execution, things need to be
written down.
“Is YOUR system documented?”
When I ask most traders this question, I usually get the following answers:
“No” or
“Yes, but I don’t really use it”
When you get your system properly defined and documented, it makes a HUGE
difference in being able to execute consistently.
Here’s what happens as a result:
 You have a reference to keep deviations and changes under control
 Confusion gets replaced with clarity
 A tremendous reduction in stress and FEAR
 MUCH easier and more consistent execution
Trading is a process, and consistent, predictable output begins here. That’s why
it’s the first element in the formula.
Now let’s have a look at the next element…
Predictable Profit Element #2: Skills & Confidence
Trading requires more than simply the ability to place trades. There is a range of
skills you need to be a self-sufficient, successful trader.
A few of the skills you need include:
 properly defining and documenting your system

 evaluating a system for functionality
 analyzing and evaluating a system for profit potential
 proving it out properly
 establishing competence with your system
 establishing confidence in yourself and your system
Fear is one of the big killers in trading, and it comes in many forms.
Most of the fears come from doubt about yourself and / or your system.
As you develop skill and competence as a trader, you replace fear with
confidence, and so execute consistently with greater ease. For example, here was
Maribeth’s experience.
"Dear Brian:
Certainly I have noticed some concrete improvements in my trading.
I have learned to cut my losses on a dime. I have learned to follow my

signals rather than second guessing my system all the time.
The 'fear factor' is GREATLY diminished.
For these improvements I am thankful.“

- Maribeth Edmonson, Individual Trader, Vancouver, Canada
Predictable Monthly Profits come from starting with a good system, and then
acquiring the skills and establishing the confidence to trade in a relaxed manner,
free from the fears and doubts. Now let’s look at the 3rd element…
Predictable Profit Element #3: Mental Conditioning
This is to make it so that the events of the day no longer trigger the emotions that
cause all the problems.
This is NOT about “controlling” your emotions.
This is instead getting you mentally right so that your emotions are not a problem.
Remember how we discovered the effects of the “Kiss of Death” and how so
many terrible and counterproductive things got established in your early days as a
trader?
- The mental habits

- The emotional response patterns
- The perspectives on trading itself and what is considered “normal” for
trading
Well, with the mental conditioning, the first thing we have to do is UNDO the
damage from those early days and the subsequent bad experiences since then.
If you’re going to create a new “normal”, we have to interrupt the patterns of the
past, so that new, healthy and supportive patterns can be established.
Then we identify and remove the factors at the root of the problems.
Next, we need to re-train you in a constructive manner, establish new mental

habits and emotional response patterns and create a new “normal” so that you
operate every day with poise and peace of mind, free from the past bad training
and painful experiences.
Lastly, let’s look at the most important element in the formula for getting you
there in a reasonable time and NOT YEARS…
Predictable Profit Element #4: Getting Outside Help
Like we talked about earlier and like you’ve experienced first-hand, trading does
NOT lend itself to being figured out. The markets won’t tell you what you’re
doing wrong and what you need to do to make profits.
The markets will just continue to slap you and take your money indefinitely. For
many traders, this goes on for YEARS. I’ve had people come to me that have been
wrestling with the same issues for 4, 5, 8, 10, sometimes 12 or even 14 YEARS.
Now don’t get me wrong. I’m not judging anybody. We’re talking about good
people here. Sincere, hard-working, intelligent people.
I struggled for way too long, and had I not blown my account up completely and
been forced to take a break, it could have gone on indefinitely. I actually consider
myself lucky that I blew up my account, because it forced me to stop what I’d
been doing and reassess the way I’d been going at it.
You need outside perspective, and most importantly a new approach.
The problem, the huge OBSTACLE in your way, is that you can’t see what you
can’t see, and you don’t know what you don’t know.
Only by getting outside help, can you move beyond your own limitations.
You need the support from someone who has been where you are now and found
the way to get where you want to be. A mentor or coach can provide you with
interaction, input and feedback that you just can’t give yourself. You need their
guidance and support, showing you what to focus on and what to ignore, what to
do and what not to do, and most importantly, their perspectives.
For me personally, that’s where I’ve found tremendous value with my mentors
and coaches – the perspectives. Being able to see reality in a more constructive
manner. That makes things so much easier to affect lasting change.
It’s also what’s made the difference for the thousands of traders that I’ve helped
over the last 17 years.
Here’s what it was like for Adrian
“…since we had our One-on-One Coaching, I can honestly say that I have
made huge leaps forward. I have seen a dramatic and measured
improvement and feel much more confident, relaxed and able to pull the
trigger when I need to than before.
Before the coaching I felt that I could see the light at the end of the tunnel
but just could not get there. I now feel that I am actually in the light and
moving forward.”
- Adrian Frakes, Individual Trader, Portsmouth, UK
What It’s Like Once You’ve Arrived
Whether you’re currently making some money with your trading or if you’re
struggling at breakeven or if you’re losing money at the moment, you’re here and
reading this because you want better.
You want to move beyond wanting to “make some money” to actually enjoying
this as a real business, where it’s an asset that produces predictably and reliably
for you. Not hoping. Not just going on the claims of others, or wishful thinking.
You want to be able to look ahead to your future and actually PLAN on making
predictable monthly profits, actually PLAN what you’re going to do with that.
One of the great things about trading is that you actually have more control over
things than you might think. While there is a degree of uncertainty to the
markets, there are also windows of predictability – because the markets are
people and human nature doesn’t change, people are often predictable. Even the
algorithms that are also commonplace in the markets, they too are predictable –
they are programs after all!
When you follow the formula given here, you give yourself everything you need
to effectively make the uncertainty of the markets a non-issue.
I discovered the Formula by applying my training and experience from Quality
Assurance to trading. This only made sense as Quality has been proven around
the world in every industry on the planet to bring predictability and reliability to
any process it’s applied to. The result is that you wind up with a process that has
known output – thus making it now predictable.
Again, here’s the Formula for Predictable Monthly Profits: SS + S&C +MC + OH
- Solid System
- Skills & Confidence
- Mental Conditioning
- Outside Help
Implementing the Formula creates a process – that includes you – that gives you
the ability to look ahead to coming months and actually plan out your profits for
the year, and even beyond if you like.
What will you include in your personal plans once you have your trading working
the way you’d like, once you’ve implemented the formula?
- Travel to beautiful places and memorable experiences?

- New toys?
- A nicer home?
- A comfortable retirement?
The main thing is to take action so you move from operating with unknowns and
hope to operating with knowns and confidence. Don’t just settle for sub-par.
If your trading could be better and you’d like to start making predictable monthly
profits, then click the link below to find out how I can help you make it happen.
Over the last 17 years, I’ve helped over 3,000 traders go from struggling to
profitable in a very reasonable time – and I’m sure I can help you too. You don’t
have to go it alone and it doesn’t have to take years.
https://insideouttrading.com/pmp-formula/
As of this writing, I’m staring at turning 60 this year. I NEVER thought I’d get to be
this old, but here I am.
One of the biggest lessons I’ve had impressed upon me is to treat my life and the
time I have left with a greater regard, to NOT settle for things as they have been if
they are less than excellent.
In my life, I’ve allowed too much time to pass on many of my dreams and that is
one of my greatest regrets – simply allowing the passage of time with little or
nothing to show for it regarding specific things that as a younger man I wanted for
myself.
I hope that you’ve found this report useful and helpful, and that it motivates you
to take action on your own behalf. If your trading is not where you’d like it to be,
where it’s providing you the freedom of time and money you seek, I hope you get
the help you need to get it there, whether you get that help from me or someone
else.
Don’t let time slip away from you. Life is too short and trading is too important.
If I can be of assistance to you in your journey, I’d be happy to help you.
Cheers
Brian McAboy
About The Author
Brian McAboy is a trader, degreed Mechanical Engineer,

Certified Quality Engineer and Business Coach.
His strengths in Mechanical Engineering were in processes

and systems, and while a Quality Engineer, his strengths
were in the Quality process, operations, documentation
and training. All throughout his career, Brian has kept the
focus that people are at the heart of every operation and
specifically focused on supportive leadership that develops
and empowers people.
Comments from Professionals
"I've been trading for a long time, and it's rare to find someone as
professional as Brian. He has the experience and ability to meet his
students where they are on the learning curve and take them to a new
and more profitable level of trading. I highly recommend working with
him, if you have the opportunity."
Brad Wachter, Trading Educator and founder of Gray Hair Trader
"There simply isn't enough attention to the psychology of trading and

the correct approach that needs to be adopted. Brian McAboy has
done an excellent job in walking through the must-know steps in order
to become a successful trader. He will allow you to see your trading
from a whole new angle, one which can definitely help you be a better
trader."
Mark McRae - Professional Trader and Mentor
"There are many facets to long-term successful trading, and the skills
and competencies that are necessary to make a career of trading are
far more than simply opening an account and getting busy.
It is vital that a person know what the true key qualities and
characteristics of BEING a successful trader are, if indeed that is what
they wish to become.
This training will assist you in doing just that.
Brian is able to help people understand why the odds are against them, as well as what you can
do to turn those odds around in your favor."
Derek Frey, Head Trader Odom and Frey Futures and Options

Predictable Monthly Profits

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Copyright 2022 Inside Out Trading and New Ireland Ventures, LLC. All rights reserved.

Copyright © 2022 by New Ireland Ventures, LLC.

No part of this publication shall be reproduced, stored in a retrieval

This publication is designed to provide accurate and authoritative information

Important Notice and Disclaimer

Trading involves substantial risk.

This information is presented only for informational and entertainment purposes,

It starts with Predictable Monthly Profits.

Predictable Monthly Profits accomplish 4 things…

 They replace hope with confidence and peace of mind

 They give you a means of accountability to keep you on track

But then I got stupid.

The market immediately turned and I freaked out. I watched helplessly as my

For me, this account blow up drove me to action.

To do that, I needed to find a good system (or so I thought anyway).

Here’s what I ran into…

 Like many traders, I struggled to figure out which system I should be

Just getting clear on what I needed to do was a huge relief by itself.

Once I actually applied the Quality stuff to my trading, it made an immediate

 I went from trading on an emotional rollercoaster, hesitating, chasing

Here’s the Formula for Predictable Monthly Profits: SS + S&C +MC + OH

Now why would I include something like this here?

It really does boil down to one simple matter of focus

3. The Three Obstacles to Consistent Profits (That You Previously Weren’t

Okay, so let’s get to it shall we?

So how much is realistic to make as a retail trader?

Is it possible to make 6% account ROI every month?

How about 20% a month?

Is it feasible to make 50% or even 100%?

So let’s look at an example and see what might be reasonable or representative

Account size = $25,000

Per-trade risk limit = 2%

Winning percent = 50%

Average number of trades placed in a week = 5, just 1 trade per day, or in a

Risk on each trade = account size * per-trade-risk limit

Risk on each trade = $25,000 * 2% (or 0.02) = $500

The Profit-to-loss ratio = 2 to 1, meaning the average winner is 2 times the

Average win = 2 * average loss

Average win = 2 * $500 = $1,000

Total profits =10 wins * average win = 10 * $1,000 = $10,000

Total losses = 10 losses * average loss = 10 * $500 = $5,000

Net profit for the month = Total profits – total losses

Net profit for the month = $10,000 - $5,000

Net profit for the month = $5,000

Monthly Account ROI = Net Profit / beginning account balance

Monthly Account ROI = $5,000 / $25,000 = 20%

Using the same scenario,

Account size = $25,000

Per-trade risk limit = 2%

Winning percent = 50%

Average number of trades placed in the month = 20 (5 trades per week, 4

Expectancy = Avg win * win % - Avg loss * loss % (or 1- win %)

Expectancy = $1,000 * 50% - $500 * 50%

Expectancy = $500 - $250

Expectancy = $250 net profit per trade, all trades included

In terms of your account, this works out to 1% ($250/$25,000)

Net Profit for the month = $250 per trade * 20 trades

Net Profit for the month = $5,000

Monthly Account ROI = Net Profit / beginning account balance

Monthly Account ROI = $5,000 / $25,000 = 20%

So is it reasonable, or is it even possible to make 50% ROI a month or even say

Well if your average return-per-trade is 1% of your account like in the example

First and foremost, it is a simple matter of the right focus