Once upon a time, about 100 years ago, there was a fire that demolished a factory, taking with it years of progress and records.
The owner displayed immense calm in the face of this setback using the words:
“It’s all right. We’ve just got rid of a lot of rubbish.”
“There is great value in disaster. All our mistakes are burned up. Thank God we can start anew.”
That man was Thomas Edison.
This attitude has many applications to trading.
First, this is what a lot of aspiring traders can face – weeks, months and years of progress, and it being demolished in the face of a terrible loss/drawdown. In the face of the Swiss National Bank removing the 1.20 floor in EUR/CHF in January 2015, it caused some hedge funds to blow up. Evidently, part of their portfolio was not stress tested for that scenario, or unaware of that scenario happening.
Secondly, it can just be a general frustration. Perhaps someone has tried technical indicators, chart and price patterns, and feels they are not getting anywhere. They have hoarded so many books on those subjects, downloaded and installed so many indicators, read so many forum posts, etc, and in the end they feel some despair.
In each of these cases, a trader can use the wisdom of Thomas Edison to help them.
Use the attitude and philosophy of: “We just got rid of a lot of rubbish… Thank God we can start anew.”
That is what I faced on several occasions in my trading journey.
In the beginning I was hoarding so many indicators I downloaded from forex forums, etc. Subscribed to so many email lists and downloaded and printed out so many free reports. Lots of hoarding of these digital files and also the printed documents in my trading station.
I didn’t ask myself: Are these things the trading truth? Do they really cause the market to move? I did not know such principles. You don’t know what you don’t know.
So on came the despair, the frustration. Where do I turn to? They say to find the “seed of triumph in every adversity.”
Eventually I turned “trading naked,” as they call it. To more price action trading. Which was a slight improvement over the previous cycle I was in, since what there mostly was the price data displayed on the chart. It was not obscured so much by so many technical indicators, etc.
After a certain period of time when the big profits were not coming, I had to ask myself where do I go next? What do I do next?
I had already tried so much, tested so much, made all these mistakes, sifted through so much rubbish and garbage. Well, what is the next step in my journey?
That next step is the ORDER FLOW WAY.
Starting anew with the Order Flow Way and universal principles of speculation.
That was the way to go.
To know just how prices moved, why they moved, and then to structure some simple daily habits to implement this new way of thinking.
That was always the way to go. I just wish I knew that on day one.
It was during this process when joy and profit entered my life. Previously to this, there was some darkness in my life. Felt that older people kept on telling me what to do and attacking me. I felt the world was out to get me, etc.
In reality what was happening is that I had not built myself up to such a point where I could be confident enough in my own trading and carrying around myself during the day. When I gained trading knowledge and eventually mastery, when I learned some secrets of success that others did not know of, then joy and profit entered my life. I felt extremely confident of my trading and life strategies and the principles behind them, perhaps even to the point of being of what is called a “productive narcissist.”
You can become extremely confident as well – if you know the universal principles of speculation that currently move the market, always have moved the market and always will.
The reason is because you KNOW PRINCIPLES.
There is a story of a man who was an architect who was developing the plan of making cooperative ownership economically sound, etc. One lawyer he went to said it couldn’t’ be done. Now, for most mediocre people, a single “No” a tiny roadblock, a tiny pebble in the road, would stop them. Not for this man. “I know it can be done,” he told him. He was sure of it because he knew principles. He knew the underlying principles.
This knowledge of principles is just so important for you to develop a working philosophy and then applying it in daily life. All these people trying to learn how to trade, doing this and that, trying this and that, but there is no effective principles behind these thoughts and actions.
All the super successful people, most people just see their actions that lead to the success they are having. That is looking at a person mostly in the physical form – as you see the actions. However, what most people don’t see are the principles and philosophy in the person’s mind and heart that guide their thoughts and actions that create the environment for super success.
You can basically deconstruct ANY person – into the principles that they are living their life by. Their life principles, their health principles, their career principles, etc.
That is why it is so important to KNOW PRINCIPLES that work.
Money and Bananas Story
There is the story of a monkey that was in a cage and the bananas were outside the cage, just out of reach. The monkey stretched out his arms between the bars to get the bananas. The monkey struggled and struggled, unable to get to the bananas. However, if the monkey turned his back, he would see that the door of the cage was open. And then the monkey could walk out of the cage and get the bananas without injuring his shoulders.
There are some traders that just keep trying the same old approach, hoping the results are going to change. Just as there are hoarders in life where people hoard the physical possessions inside their homes, traders can hoard as well. And some of them become very clingy, as they just keep on feeding the ego. They say the definition of insanity is doing the same thing over and over again, expecting a different result.
That’s what I used to do in my first year or so. Kept on piling on more indicators, more forex robots, read more forum posts to the point where I had dozens of tabs open in my browser window, etc. What I should have done was…
Try something different…
Try a different approach.
Try a different perspective.
Develop Order Flow Mastery
Universal Principles of Speculation Are Your Shield
So if you feel that people are talking down to you, people trying to tell you what to do and how to live your life, people ganging up on you to “intervene” in your life, there is most certainly a solution – an elegant solution.
It’s your potential that deserves your utmost and highest respect, not your fears and self doubt.
Well, as my junior high school music teacher told us in class: “Screw em all, let God sort them out.”
Forget them. Learn about the universal principles of speculation and also life strategies. When you learn and truly know such things and infuse them into every cell of your being, then they become your coat of armor. They become your impregnable shield. No one can take these away from you. You have them for life.
You will notice that much fewer people will act in a negative way to you.
You will notice that you can walk into a room and instantly command respect. People will start to sense your power.
As you are starting to master your life and trading.
As you know things, important things about life that they may never know about.
As you are applying sound principles into your life that others are not.
You see, most people they learned that 2+2 = 4, and not much else for the past 5, 10, 20 years of their life. The same conversation playing out in their mind for years and years. They know how to tell dirty jokes (I do too!), know how to “have fun,” but when it comes to actually giving you life and career and money strategies – so you can reap the benefits of profit and joy – they don’t know anything. And they are not eager to learn either. You have to go out there and get it yourself.
Thankfully, there is most certainly a shortcut to this whole trading game. CLICK HERE for the Order Flow Mastery Course.
For this new year 2017, make way for the NEW trading strategies that can transform your life. Get Started Today.