Question - How to become much more intelligent and lose fear in trading ?
Hi! New here but not new to trading. Just want to share this.
If you open up your heart chakra you will become more intelligent and fear also disappear.
I have tried it and found out stuff about how markets works that i would never have done in a "normal" state.
Hi Fopa
There are ways to become a much more intelligent trader and over time you can then lose your fear of trading with real money and losing it all
Basically - you find a RETAIL expert trader in what ever instrument you want to trade and then learn from them .
There is no substitution for experience - you do need as dbPhoenix has mentioned - a proper -
thoroughly-tested and consistently-profitable trading plan.
and that can take anything from a couple of years to a decade to find and be happy with.
What ever you do - don't take advise from the commercial side - ie the large Banks and institutions and all their old out dated theories that are all geared for trading with large multi million dollar capital accounts.
If you do - you end up brain washed like many here into thinking 30 -50% annual returns are really good and you cannot maintain 70% win ratios over 1000's of live trades etc etc.
You do find in all forums - many "nutters" who think that the idea is to read loads of books about trading and have mentors like Paul Tudor Jones and even Jessie Livermore etc etc and that if Hedge Funds only make 40% per annum - retail traders cannot get anywhere near that - etc
The truth is though - its a load of bull - retail trading say FX pairs is totally different to trading like Hedge Funds etc etc - its a different ball game totally.
So "horses for courses" - there are loads of gurus and so called expert analysts etc - all maybe industry trained - and most of them are just simple no good.
They have not made multi thousand of trades with real money or spent 10K hrs actually studying chart movements etc etc. Instead they have just read books and theories - most of them now well out of date - in fact anything over 10 years old is probably out dated and can be improved etc.
I am a retail FX Intraday "expert" that can talk the talk and walk the walk.
http://www.trade2win.com/boards/tra...aster-class-fx-intraday-trading-f-co-292.html
Check out my latest thread ( not for newbies and also check out all the comments after say 1 30 pm - I did them specially for one of the "nutters" who already been commentating today - ie some LIVE CALLS IN ADVANCE of the moves - all off stops under 5 pips).
When you can properly trade - live calls is a piece of cake - its not scary or a big problem. You will never get 100% of them correct - I am happy with 65 to 85% correct calls off super tight stops in batches of 100 trades.
I deliberately don't just call live in advance all day - simply because I am helping some students of my methods -
and they share their demo and live results here on the forum - all genuine - no fudging etc etc. If I was calling live in advance all the while- i would be just copied - and i dont want "idle" newbies just making money off me - I don't mind helping them totally free of charge - but only if they are already experienced and prepared to study more of a different way.
I personally dont take any meds or drugs etc etc - I am totally relaxed trading my live money - as long as I stick to my rules and stay under my own "financial and psychological so called "wall ".
I will have anything from 1 to even 7 or more losses a day - BUT - also anything from 10 to 20 winning trades - so end result - I make money - consistently.
After taking this year in total over 20k live trades during my trading journey - I have done my own S.W.O.T. analysis - As long as I am disciplined and in my own trading zone - then I make consistent profits - day after day - much to the annoyance of so many other less experienced traders on this Forum (
)
GL with your chakra method - and i wish you well
Regards
F