Life Index for Traders – Immediate Download!
Stay on Course for Greater Profits with the Life Index for Traders™ (LIFT)
Joe Ross, a successful trader and educator, developed the Life Index for Traders™ to help build the right character and mindset essential for profitable trading. Despite his success, Joe admits he’s not perfect and emphasizes continual growth and learning—something the Life Index has helped him achieve by significantly reducing losses.
What is the Life Index for Traders™?
The Life Index™ is a simple yet powerful tool for charting and monitoring any aspect of your life that affects your trading. It helps you track progress, stay disciplined, and align your actions with your trading plan. By diligently using the Life Index, you can form winning habits and cultivate the character traits critical for trading success.
Why Character Matters
Profitable trading requires strong character—qualities like integrity, honesty, self-discipline, and persistence. Without these, the market’s challenges can quickly overwhelm you. The Life Index helps you develop these traits by bringing awareness to your daily habits and mindset, guiding you toward becoming a more disciplined and consistent trader.
How Does It Work?
Originally introduced in Joe’s book Trading Is a Business, the Life Index concept lacked a quick, practical implementation method—until Joe collaborated with William Vanecek to create the Life Index for Traders (LIFT) software. LIFT makes tracking and evaluating your Life Index easy, offering:
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Multiple graphs to review your progress daily or weekly.
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Breakdown by category to identify strengths and areas needing improvement.
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Time-saving insights to focus your efforts where they matter most.
This targeted approach helps you avoid wasting time on less critical areas and boosts your overall trading effectiveness.
Bonus: The Equity Evaluator™
Alongside LIFT, Joe created the Equity Evaluator™, a simple but powerful tool for charting your trading performance. It complements the Life Index by:
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Showing your trading results clearly.
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Indicating when to pause trading to review your Life Index.
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Suggesting when to paper trade versus trading with real money.
Together, these tools work hand-in-hand to keep your trading disciplined, focused, and profitable.
Final Thoughts
If you’re serious about improving your trading, integrating the Life Index for Traders™ into your routine is essential. As Joe Ross says, the more you think you don’t need it, the more you probably do. The Life Index will keep your life and trading on track, helping you build the self-control, character, and mindset necessary for long-term success.
“Through the LIFT, a person can constantly keep his life organized and whenever he strays, the LIFT will indicate where he’s going astray. It’s a great tool to realize who you are, where you are, and what you can achieve.” – Joe Ross
