By Jason Bond


If you’re a new trader who’s just getting started in the market, make sure you invest a few minutes in your future success by reading this special report I’ve prepared for you. What you’re going to see in the next few pages could have a major impact on your success or failure as a stock trader. So do yourself a favor, and read it now.
As someone who communicates with thousands of premium clients on a daily basis through email, and the largest stock chat on Wall Street, I’ve developed a unique perspective on the most common, and costly mistakes new traders make.

Just so you know, early in my trading career, I made many of the painful mistakes you’ll be reading about in the next few pages. Trust me, it’s very likely I’ve been in the same place you’re at right now. And I have to tell you, knowing what to avoid is quite often a quicker (and safer) path to success, than just diving blindly into the stock market.

Yes, everybody wants to make money quickly, but let me assure you, if you lack discipline as a trader, and don’t know which mistakes to avoid, you’ll lose money fast.

Here’s how I see beginners getting hurt bad. Make sure you read these points carefully.


Failing To Invest In Practice

As a tourist and beginner poker player, if you were to sit at a table in Vegas beside Johnny Chan, winner of the 1987 and 1988 World Series of Poker main events, it’s very likely he’d clean you out in no time flat. Well unfortunately, Wall Street is a lot like poker. If you win, someone else loses. And vice versa. That’s why it’s to your advantage to learn some key lessons now, and avoid getting cleaned out.
Our free newsletter can help you jumpstart your education. Sign up for it here.

I also recommend you get TD Ameritrade’s paperMoney. This is a groundbreaking paper trading application that’s available as a downloadable platform. With paperMoney, you’ll have access to a virtual margin account and $100,000 of “play money.”

Once you get the trading application, take my 8-hour $497 workshop The Basics of Swing Trading (FREE to clients), watch my video lessons, and read Steve Nison’s The Candlestick Course. Apply what you learn from my swing trading video lessons, and see if you can earn some “play money”. As you make some winning trades, your confidence will grow. Remember, don’t play poker with a guy like Johnny Chan until you’re ready. Trust me on this one.

Let me share a quick story that’ll show you why investing in practice is one of the smartest things you can do as a new trader.

Back when I went to college to become a teacher, I spent a total of 6 years and about $70,000 getting my undergraduate / masters degrees. On top of that, there was a big loss of potential earned income during those 6 years of education that had to be factored in.

After graduation, I still had to go out and find a teaching position in what could be considered an extremely competitive field. Back then, the best school districts were paying about $34,000 a year. So I worked hard, and was lucky enough to get hired right after graduation. In other words, I invested 6 years, 70k, plus a loss in earned income during those college years, just so I could interview for teaching jobs. If you want to build solid wealth on Wall Street, you’ll need to learn how to do it first. And that’s why I’m here to show you how to do it the right way.

When you go ahead and subscribe to my free newsletter, I’ll start sending you my stock watch list, free trade alerts and full video lessons that’ll put you on the fast track to becoming an astute, well-informed stock trader

I appreciate your teachings… you really make it easy to learn and I am really looking forward to putting everything to practice.
Ken T.


Day Trading

I recently came across an alarming statistic showing that 95% of people who attempt Day Trading lose money. That’s why Jason Bond Picks is built on a foundation of Swing Trading. Yes, there are some elite day traders in my stock chat, but the majority of my clients are swing traders. Day Trading isn’t for everyone. It requires the ability to think very fast while handling extreme levels of stress. I have nothing against day trading. In fact, it’s very popular at Jason Bond Picks. But if you’re a beginner, STAY AWAY from Day Trading!

Although I put this warning out in my welcome email, I can’t tell you how many emails we’ve received from clients, saying they wished they had taken my warning more seriously. Yes, they paid a high price for jumping into Day Trading.

If you insist on playing the Day Trading game, make sure you use the paperMoney account to practice a lot. Do NOT skimp on the amount of time you practice this skill. Take my word for it. I’ve seen so many people flush their money down the drain in day trading, it would make you sick at your stomach.

Nevertheless, if you’ve dreamed of becoming a day trader, we’ve host the biggest stock chat on Wall Street, and it’s full of pros. Just make sure you invest in your education in advance. Do lots of practice trades, and gradually you’ll reach a point where you know you’re ready to start Day Trading with real money.


Options Trading

There’s a good reason your broker requires an additional application for Options Trading. There are potentially huge returns to be made in options, so they attract a lot of new traders with small accounts. But the simple fact is this. Beginners are the last traders who should be participating in this type of hyper-volatile trading.

Remember, if there is a huge return, someone is on the other side of that return. This means that while one trader is celebrating a big gain, another trader is suffering a big loss. Trust me when I say, trading options before you’ve become an expert is like leaving a loaded gun lying around your house. Sooner or later, something tragic is going to happen. It’s not a matter of if, but when.

I firmly believe that trading options should require a university degree, but unfortunately, Wall Street isn’t set up that way. So be extra careful with this one. I warn against options trading in my welcome email, yet this is the #1 way I see beginners blow up their accounts and lose most, if not all their money.

There’s nothing wrong with trying to learn about the options market. There are many winners (and losers) in this high stakes game, but if you’re a beginner, don’t even think about it risking your hard-earned money in options. I promise. You’ll thank me later when you read the horror stories from guys and gals in chat who’ve messed up themselves up, and had to rebuild. Or you’ll hear from other people who know someone who “crashed and burned” in the options market.

So let me warn you one more time. Options trading is the #1 way I see traders blow up. And their emails almost always start like this… “Jason, I wish I listened to you.”


Using Leverage

I do not trade stocks on leverage, period.

Yes, I have a margin account, but I almost never go over my cash balance. Trading stocks on borrowed money is asking for big trouble. Fortunately, I don’t get these emails often, but when I do, it’s hard to read these sad stories.


Holding Through Events

Holding through events is what I’d consider gambling, but unlike Vegas, there’s no free entertainment and booze. No matter how much you think you know about a company’s earnings, FDA ruling, etc… it’s still a 50/50. Let’s be honest, the only people who know for sure what’s going to happen with a company are the insiders. And since it’s illegal to trade on that kind of information, it’s simply impossible to get an advantage. Ethically, that is.

Remember, I’m referring to Swing Trading, not long term trading. I can’t tell you how many emails I get from clients that start out like this, “I wish I didn’t hold through earnings.” Let me make this clear. Event trading just isn’t a part of my strategy. I do not hold through earnings, FDA rulings, court rulings, or anything of that nature. It’s simply too risky, and I’ve seen more people get hurt than win.

Just doing my math here and up $2,700 for the week. Thanks JB. You are a good teacher.
Ronald B.


Failure to Cut Losses Quickly

This is my #1 rule at Jason Bond Picks… CUT YOUR LOSSES QUICKLY.

To cut losses quickly, you must go into the trade with a game plan. Entering a day trade and turning it into a swing trade, because it went against you, can be an extremely risky move. Entering a day trade, turning it into a swing trade, and then turning it into a long term trade is even worse.

You might be laughing right now, but I see this happening all of the time. When I take a swing trade, defined by Investopedia as a 1 to 4 day hold, I’m looking to take my profit during that short period. Very rarely do I stretch it beyond 4 days unless there’s a really good reason for waiting. Failure to exercise discipline in this area will cause more problems and losses than you can imagine.

First of all, you’re trading without a plan – that’s both dangerous and undisciplined.

Second, while your money is tied up in a loser, you’re missing out on winners. Let me give you a real-life example. Last week I woke up to bad news about one of my stocks. Since I didn’t expect this news, and my stop loss was hit, it was time to move on.

Yes, it’s painful losing money on trades, but losing is part of the strategy I teach. This is because nobody can escape losing. Nobody can be right 100% of the time. So the best thing you can do, is have a plan on how to handle this reality. That’s what I do with my trades, and I can show you how to create a plan for your own trades. By the way, the losing stock I was telling you about, opened lower the day after I sold it. So had I not “cut my losses”, even more losses (and stress) would have kept piling up. And who in the world needs more of that?

Even more important. Since I wasn’t distracted with the losing trade, I was able to hit 3 winners and finish off the week recouping all of my losses, and then some. Had I sat on the loser, I would have missed out on the winners, and still be at a loss hoping the loser would eventually come back.

So here’s the bottom line. You don’t have to agree with me on this point, but you better have a good plan. Because if you don’t, you will not know what to do when the unexpected happens. And trust me, it will happen. I can’t tell you how many, “I’m stuck in XYZ” emails I get, and each time I gently remind my client, “You are not stuck in anything, you have choices.”

So learn to be disciplined. You (and your bank account) will thank me later. By the way, I learned my lessons the hard way by making many of the mistakes you’re reading about in this report. But most importantly, I learned from the hard knocks, and have acquired enough experience and discipline to avoid making the same mistakes twice. If you want to avoid the losers, and learn how pick more winners, make sure you go ahead and sign up for my free newsletter now.

“My first trade with JB, got out +7%, can’t complain. +$1,300 profit inside the day.”

– David H.


Not Taking Profits

In the movie Kindergarten Cop, Arnold Schwarzenegger was establishing the classroom rules, when he yelled at the students, and said “YOU LACK DISCIPLINE”! By the way, my wife loves that movie. Why? Well because she teaches first grade. I think we can all agree that it’s normal for a child to lack discipline, but there’s no room undisciplined adults on Wall Street.

There is no 20 / 20 trading at Jason Bond Picks. Stocks go up and down daily. They are dynamic. If you enter a trade, and you don’t know what your exit is, then how on earth will you know when it’s time to get out? I have a video lesson that teaches clients the psychology behind paying themselves, and it’s quite popular. Make sure you watch it.

So how many times have you been up nicely on a trade, only to give back all of your profits and sometimes worse, take a loss? Well I know exactly how that feels. It’s downright sickening!

You’ll see me saying this over and over in my daily watch lists and alerts. GREEN is better than EVEN. EVEN is better than RED. This means that if you get GREEN on a trade, in most cases don’t let the money slip away, however small it may be. And if you get back to EVEN by not taking a profit, by all means, avoid taking a loss.

Hoping that a stock will come back is no solution either. All that matters is what you think the trade will do next. Like many of the DO NOTs listed in this report, I’ve learned my lessons the hard way, so you don’t have to.

Bottom line is this…

Establish a consistent method for how you plan to exit trades. For me, it’s a simple process. I look for trading ranges of 20%, and inside those ranges I try to capture 5 to 10%, knowing that I’ll never get a perfect entry or exit. And I never want to hear, “Darn Jason, I sold too soon” come out of a client’s mouth.

Look at it this way. If a stock you already sold continues to advance, you should be happy you’re picking the right trades.You’re NEVER going to catch the top consistently, but you can capture consistent 5 to 10% returns. And that’s something any trader can get used to.

I’m like a robot in this regard, I set my sell for half my position at 5% profit, and let the rest ride for 10% profit. Therefore, a winning trade for me is about 7% profit.

Do that consistently, and you’ll be shocked at how fast the profits add up. I nearly tripled the S&P 500 in 2013 by applying this approach, and the S&P 500 had a monster year. So remember, if you fail to have a profit plan within your trading strategy, you’re setting yourself up for failure. And why would anyone in their right mind want to do that?

So be disciplined. Know what you’re looking for on your swing trades and stick to it. Once you take this initiative, you’ll find you are in fact in control, and that’s the only way to stay alive on Wall Street.


If you read this report all the way to here, you’re most likely a serious and focused person. You share these traits with most successful stock traders. Which means you have the potential to become one of them. That’s why I highly recommend you take the next step in becoming a successful trader by subscribing to our free newsletter now.

Jason, great swing
trading videos!
Wayne V.

Great video lesson and so clear, Jason, I love that you don’t leave your members “hanging out on their own”. You educate them you teach them to fish, rather than just give them fish. 

Dr. John S.

As a subscriber, you’re going to get a behind-the-scenes look at how (and why) my proven trading process works, consistently. I’m also going to send you:

A watch list of stocks that I’m keeping my eye on. This way, you’ll know where you’re supposed to pay close attentio

You’ll get free trade alerts showing you where I’m currently putting my money – and explaining why I’m making these specific trades.

You’ll also have exclusive access to full video lessons designed to answer all of your questions about my trading process. Plus, you’ll gain insights from each trade I make.

All of this is given to you free of charge so that you can learn about day and swing trading with confidence. In the process, you’ll clearly see why my trading process could maximize your trading potential.