24 green months in a row
18 months above 5 figures
3 years working together
I brought this trader from beginner to pro. He left his job and now trading for a living and supporting his wife and two daughters
The story of a man who risked everything
1/10
18 months above 5 figures
3 years working together
I brought this trader from beginner to pro. He left his job and now trading for a living and supporting his wife and two daughters
The story of a man who risked everything
1/10
1 The Decision
Life is full of risks, and we must choose what we want: an easy life without risks working for someone else or a life where we take risks in pursuit of greater rewards.
The first thing I told him was:
“Consider the pros and cons carefully. Weigh them on your personal scale and decide if it’s worth it for you.”
Life is full of risks, and we must choose what we want: an easy life without risks working for someone else or a life where we take risks in pursuit of greater rewards.
The first thing I told him was:
“Consider the pros and cons carefully. Weigh them on your personal scale and decide if it’s worth it for you.”
2 Faith
You don’t have to believe in something greater than yourself, but if you want to achieve what others cannot, you must listen to your inner voice and have an unwavering faith in yourself beyond any imaginable reason.
A great book that delves into this mindset is “The Alchemist” by Paulo Coelho. It emphasizes the importance of following your dreams and believing in yourself to achieve your goals.
You don’t have to believe in something greater than yourself, but if you want to achieve what others cannot, you must listen to your inner voice and have an unwavering faith in yourself beyond any imaginable reason.
A great book that delves into this mindset is “The Alchemist” by Paulo Coelho. It emphasizes the importance of following your dreams and believing in yourself to achieve your goals.
3 The obstacles
The main obstacle for this trader was finding a strategy he could trade with complete confidence. Achieving this level of certainty required thousands of hours of work on charts, backtesting, and understanding market structure and price action. Only through this extensive effort could he gain the confidence to size in effectively. Certainly the playbook I gave him was already all there but even if I gave you the recipe to make the Perfect Italian pizza, it will take some time before you make it good.
The main obstacle for this trader was finding a strategy he could trade with complete confidence. Achieving this level of certainty required thousands of hours of work on charts, backtesting, and understanding market structure and price action. Only through this extensive effort could he gain the confidence to size in effectively. Certainly the playbook I gave him was already all there but even if I gave you the recipe to make the Perfect Italian pizza, it will take some time before you make it good.
4 Mental Game
Trading Plan & Strategy is 50% of what he needed. He learned the strategy (90% long trader) in about few months. 10-11 hours a day of studying, during his job, in his free time, taking time at evenings or during night.
He realized that for him, only strict rules and a firm reaffirmation of valid criteria’s on a daily basis kept him disciplined and focused on his task.
Yes on a daily basis we would read and reread rules to imprint in his subconscious using alpha waves and meditation.
This book by @AlphaMind101 will help you
Trading Plan & Strategy is 50% of what he needed. He learned the strategy (90% long trader) in about few months. 10-11 hours a day of studying, during his job, in his free time, taking time at evenings or during night.
He realized that for him, only strict rules and a firm reaffirmation of valid criteria’s on a daily basis kept him disciplined and focused on his task.
Yes on a daily basis we would read and reread rules to imprint in his subconscious using alpha waves and meditation.
This book by @AlphaMind101 will help you
5 Red days were the problem
One red day would swipe out 3 Green Days. Everyone is always looking to cut the risk and improve profit factor. We went against the trend. We worked on making his system work certain months even up to 90% win rate but the profit factor was never as for majority of traders.
His losses remained big as 3 green trades but for almost 3 years the results are still paying as he is trading the same setups.
One red day would swipe out 3 Green Days. Everyone is always looking to cut the risk and improve profit factor. We went against the trend. We worked on making his system work certain months even up to 90% win rate but the profit factor was never as for majority of traders.
His losses remained big as 3 green trades but for almost 3 years the results are still paying as he is trading the same setups.
6 The playbook
@MikeBellafiore wrote a terrific book with his Italian geniality between the lines. The main point is that our trader stopped thinking as playbook only as a setup but instead more like a confluence of:
- setups
- rules
- management
- plan
- discipline
@MikeBellafiore wrote a terrific book with his Italian geniality between the lines. The main point is that our trader stopped thinking as playbook only as a setup but instead more like a confluence of:
- setups
- rules
- management
- plan
- discipline
7 Building a capital
Wiring out increases mood that leads to motivation that leads to stress lowering that leads to serotonin growth that leads to anxiety suppression. Yes the more you wire out if you meet a cushion the more motivated and less stressed you will be. For example every 20K earned, wire out 50% and reinvest in a form of compounding the remaining
Wiring out increases mood that leads to motivation that leads to stress lowering that leads to serotonin growth that leads to anxiety suppression. Yes the more you wire out if you meet a cushion the more motivated and less stressed you will be. For example every 20K earned, wire out 50% and reinvest in a form of compounding the remaining
8 Ideas first
Experiment always your ideas and never stop. On 1000 ideas you will have one will be genial and help you to differentiate yourself from the mass.
Go to unexplored areas of trading or refine better a strategy that you are profitable with. Share ideas with your mentor and review your ideas from month to month because we always find new ways a s we change the way we think.
Experiment always your ideas and never stop. On 1000 ideas you will have one will be genial and help you to differentiate yourself from the mass.
Go to unexplored areas of trading or refine better a strategy that you are profitable with. Share ideas with your mentor and review your ideas from month to month because we always find new ways a s we change the way we think.
9 Work, Live, Sleep, Eat, Workout
Balance as Greeks you to say “ In Media Partes”. Use stoicism ideology and fix every side of your life. You want to perform, well then every aspect of your life must be considered like the important part of a bigger plan. Only when you can have a solid routine, this will create more solidity and confidence in your daily process and in your abilities.
Balance as Greeks you to say “ In Media Partes”. Use stoicism ideology and fix every side of your life. You want to perform, well then every aspect of your life must be considered like the important part of a bigger plan. Only when you can have a solid routine, this will create more solidity and confidence in your daily process and in your abilities.
10 Millions
The ultime word is for who sets goals, who accepts the risks, who is smart enough to know it is not possible for everyone, who is enough patient to know it takes time.
You are already that millionaire trader. You have it already. You need to believe it. youtu.be
The ultime word is for who sets goals, who accepts the risks, who is smart enough to know it is not possible for everyone, who is enough patient to know it takes time.
You are already that millionaire trader. You have it already. You need to believe it. youtu.be
Final thoughts
I hope this was useful for your future and I am open to answer your questions. Leave a feedback and subscribe to @jtraderco to not miss more of this.
J
I hope this was useful for your future and I am open to answer your questions. Leave a feedback and subscribe to @jtraderco to not miss more of this.
J
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