Join Louise Bedford on Talking Trading as she sits down with Michelle Coomey, an inspiring trader who turned significant setbacks into remarkable success through Index Trading.
From a challenging start during the GFC to mastering her psychology and achieving open profits of literally millions, Michelle’s story is one of resilience, growth, and strategic mastery.
From Property Pressures to Trading Triumph: Michelle Coomey’s Journey to the Life of Her Dreams
Before the Mentor Program, Michelle Coomey was juggling a lot – big financial pressures, and a major life shift that had her re-examining her priorities. Additionally, her early trading experiences during the Global Financial Crisis left her confidence shaken, and she struggled to regain her footing.
The transformation began when Michelle refused to let past setbacks define her. After initially discovering trading in 2008 and experiencing early losses, she committed to mastering her craft.
Enrolling in the Trading Game Mentor Program in 2010, Michelle built a foundation of knowledge, even if life’s challenges delayed her trading success. Years later, inspired by a friendly competition with her son, she dived back in, repeating the program for two consecutive years.
Through Index Trading, she developed not only a mastery of strategy but also the psychological resilience to confidently embrace risk.
In October 2022, her perseverance culminated in a life-changing Index Trade that marked the start of a new chapter.
Today, Michelle travels the world first class while trading as she goes, no longer reliant on property for her income. Her last birthday was celebrated on a luxury yacht!
Plus, she’s even managed to try parasailing, seen some of the incredible murals in Istanbul, explored Athens and seen the view from Burj Khalifa (the 154-level tallest building in the world).
Her children have also embraced the trading lifestyle – her son inspired by Michelle’s comeback, and her daughter Chontelle joined the Mentor Program.
Michelle’s story is a powerful testament to resilience, growth, and creating wealth that stays in the family.
Although we won’t have time to go into the exact trading methods Michelle uses, this episode is designed to inspire you. It’s a chance to see how a real trader is applying her skills in the markets and achieving results right now. The aim is to show you what’s possible when discipline and strategy come together — and to help you imagine how you could apply the same focus in your own trading.
A little adjustment
Listen to this if…
- You’re curious about the potential of Index Trading and want to learn how to master it.
- You’ve struggled with trading in the past and need inspiration to turn it around.
- You want to hear a real-life success story of someone who found their trading edge.
- You’re considering the Mentor Program and want to understand how it transforms traders.
In This Episode, You’ll Learn:
- The Power of Perseverance: How Michelle overcame early trading struggles and transformed her mindset.
- The Turning Point: Why repeating the Mentor Program was a game-changer for her.
- Mastering Index Trading: Michelle’s strategies for success in Aus Equities, CFD Commodities, and Indices, and how she navigated the challenges of a volatile market.
- The Role of Trading Psychology: How she conquered her fear of losses and learned to manage her mindset during high-stakes trades.
- Living the Trader’s Life: How Michelle balances trading with her passions – family, travel, and photography.
- The Mentor Program Advantage: A first-hand account of how the Mentor Program helped Michelle define her trading edge and build a profitable career.
Key Highlights:
- The GFC Setback: Starting live trading just before the Global Financial Crisis without risk management strategies.
- The Turning Point: Competing with her son reignited her passion, leading her to repeat the Mentor Program and refine her skills.
- The Index Trade: In October 2022, Michelle entered a transformative Index Trade. Despite initial setbacks and psychological hurdles, she trusted her strategy and is still holding this position today.
- Mentor Program Community: The friendships and support from fellow Mentor Program graduates have been invaluable, including regular catch-ups and knowledge sharing.
Questions we discuss
- Trading Beginnings and Setbacks:
How did you get started with trading? What was it like beginning just before the GFC?
What was the biggest lesson you learned from the early setbacks?
- Psychological Journey and Mindset:
How did the losses in 2008 impact your trading psychology, and what helped you rebuild your confidence?
Can you share the moment when you decided to compete with your son and how that influenced your trading journey?
- Turning Point and Growth:
Why did you decide to repeat the Mentor Program, and how did it change your trading approach?
How did overcoming personal challenges contribute to your trading success?
- Mastering Index Trading:
What drew you to Index Trading, and how did you develop your strategy?
Tell us about your October 2022 Index Trade – how did you manage the emotional ups and downs?
- Mentor Program Community:
How did the friendships and support within the Mentor Program influence your journey?
Why is community so important for traders, and how does your group keep each other accountable?
- Words of Wisdom and Advice:
What advice would you give to traders who feel stuck or overwhelmed by past failures?
What’s next for you in trading, and how do you continue to evolve your strategies?
Michelle’s journey is not just about making money in Index Trading – it’s about growth, resilience, and finding her passion. Her story showcases the profound impact the Mentor Program has on traders willing to learn, adapt, and persevere.
This episode is a testament to the fact that even if you don’t succeed the first time, persistence and the right guidance can lead to incredible success.
Tune in and get inspired by Michelle’s story, learn actionable trading strategies, and see how the Mentor Program can transform your trading journey, too.
About Louise Bedford
Louise Bedford has traded, taught, and written extensively about the financial markets for over 30 years, building a reputation as a highly accomplished and experienced trader, educator, and author.
She co-founded The Trading Game and has gained recognition for her unique approach to teaching trading psychology and market analysis.
Louise has authored several successful trading books. In particular, her titles include Trading Secrets, Charting Secrets, The Secret of Candlestick Charting, and Investing Psychology Secrets.
Louise runs her hugely popular, repeat-for-free Mentor Program Pro online course. Through this course, she shows you how to automate your trading so you can retire early and get on with your life.
To get in touch with Louise
Facebook: https://www.facebook.com/TradingGame/
Twitter: https://twitter.com/TheTradingGame
LinkedIn: https://linkedin.com/in/louise-bedford/
Youtube: https://www.youtube.com/tradinggame
TikTok: https://www.tiktok.com/@tradinggame.com.au
Instagram: https://www.instagram.com/tradinggame.com.au/
Photo by Ahmed Galal on Unsplash
Image by AI Google Labs
