I thought about certain things and such aphorisms came to my mind:
“The level of your wealth is directly proportional to the level of scale of your personality.”
“Your level of success is measured by the number of problems you solve.”
If you choose to use – put links.
More and more convinced, what is the most important thing in trading – no experience, knowledge, strategies, etc.. P.
And steel eggs. You won't make it to the top without them.
It is this “peculiarity” separates the mediocre trader from the super successful.
The bigger and stronger your “dignity”, the more risk you can take,
to withstand more stress and stay in this profession for longer.
If you don't have them, or size suffers – this issue urgently needs to be addressed :)
At the end of last week, I log into my account at “Vkontakte.ru” and am surprised to find, that the password doesn't work. First thought – “Hacked”.
I looked at my page through a friend – nobody changed anything.
Maybe, April Fool's joke?
This has never happened before. Help me recover my password – I was amazed by their system.
It was either a comedian or a blonde.
90% requirements are quite adequate, but one thing just kills – need to send a photo,
which clearly shows, how I sit and fill out their questionnaire.
How do they imagine it? So that the data is clearly visible –
need to shoot very close. And how then to cram a face into the frame?
Rave…
Maybe, they also had to send a photo of their breasts.
On the fifth attempt, they still accepted, then, what i sent them, and restored the page.
Morality: do not lose passwords, otherwise you will run into a dumbass…..
Recently spoke with a friend, told him about, that I trade on the stock exchange. He became interested, and as soon as I explained, how everything is in reality - wilted and lost all interest. Pleases, what man was saved, even though the money is not about ...
And then it dawned on me. Need to explain to all newbies, what are they going to. A lot of people know, what the profession of a trader gives money, but few, who suspects, what the stockist has to go through at the beginning of the journey.
I decided to write a short essay “16 reasons, by which you should not become a trader ".
Here they are:
1) You have no idea, what are you going for. Your path will be strictly individual, and few people can help you
2) You can learn this about yourself ... about such traits… these discoveries, probably, will shock you
3) You are unlikely to experience this amount of stress anywhere else.
4) You will have to compete with the best minds on the planet every second.
5) Trading - export work, not giving all the best, you won't make money here
6) As soon as you relax, the market will immediately try to fuck you
7) It takes a long time, to adjust, find your style and start earning
8) The market is constantly changing, you have to be on the move and adapt
9) Reaching the "top" and fixing there is impossible. Here, like on an escalator – or you move, or falling down.
10) Few people will be able to understand you, only other traders. A bunch of people will try to lead you astray. Only very confident people will make it to the end
11) You will need support anyway. If you don't have a person in your life, who helps in a difficult situation - mom, dad, sister, brother, wife or husband - you are unlikely to succeed
12) You must have a money airbag, earnings may not be more than a year
13) You cannot trade alone - only in a team you will not break. Creating such a team is not easy
14) You will have to learn to completely relax and rest. This work will be exhausting, and suck out most of the strength. Do not learn to rest - you will lose
15) This is not a game, and serious work - this is where seriousness and a business approach are needed
16) Only 5-10% of novice traders will achieve real success
If only this part of the pitfalls scares you - do not become a trader.
If scared - the market will make you an omelet.
"This work will make you either a paralytic or a millionaire" My aphorism.
If all this did not confuse you, but only sparked interest - full speed ahead.
Think, you will break through!
Tired of stocks, futures, options and currency pairs?
I present to your attention a new tool – .
The largest American financial services company Cantor Fitzgerald announced that, that in a month she plans to launch a futures exchange, which will allow investors to bet on, what box office the film will collect in the first four weeks of distribution. The essence of this process will be as follows: before the release of the film, a forecast is formed regarding the rental fees. After that you can buy a share (равную 1/1000000 the amount of the forecast). If the actual fees turn out to be higher — You've earned, if lower — you lose (if a, certainly, you didn't sell shares «в короткую»).
Website works now, however, so far only accepts virtual money.
The company hopes, that such contracts will be popular among a wide variety of investors, from ordinary moviegoers to serious hedge funds.
See, what will it all turn into.
Personally, I am extremely skeptical about this..
How to learn to hold three open positions at the same time? And five or ten?
The answer is simple.
Here, like in sports.
Тренировка.
When you first go to the gym, and see how the athlete trains, you are confused.
“Christmas trees… Yes, he does this. His dumbbells weigh from me… How does it withstand such loads?”
When I first started bodybuilding, didn't understand either, how to withstand this.
But then I got involved in the process, trained long and hard
and now a lot of people are fucking with that, how I train myself.
Вот и в трейдинге так же.
First one position, then two, three. Quietly, a breakdown can occur and you will return a step or two back –
from four to five positions to one or two.
But gradually recover, return to the previous peak and gain a foothold there.
Etc.
Over time, you will develop a craving for new achievements.. Instead of a feeling of fear, there will be excitement and a desire to achieve more..
Then there is little to stop you..
Main – live up to this. Don't give up then, when you are not yet strong.
Remember one thing – if you hit one point for a long time – exactly punch. Need time.
That's all.
A passing trend, Banzai!
This week was the worst week in my entire trade.
Now I look at my deals and don't understand, how could i be so dumb.
The reason is terribly commonplace… Relaxed.
The trade has been superb lately, with a colleague began to consult novice traders.
And just loosened your grip.
Plus a man left our office.
Conclusions made.
Gathering knowledge, experience and will in a fist.
The blow was strong, but not fatal.
Let's break through!
P.S. Still I'm glad, что так получилось. Such periods are great invigorating., the creative process begins
And, usually, you start trading even better, чем прежде
I receive messages asking me to tell you more about the principles of risk management.
I believe, what is the main thing – tight control. Amount of deals, traded shares and clear stop loss.
If you are properly restricted – you won't lose much for sure.
The problem with overtrading disappears altogether.
Your Net is clearly linked to Gross’ y. If one grows – the other will not stand still.
Для начинающих – just super!
Broker jointly with A. Gerchik developed an interesting system for trading in the American markets.
More experienced people can customize it for themselves., for other markets. Beginners should follow it clearly..
In our office, several people have remade this program for themselves.. The effect is noticeable.
The program itself:
1 stage – 1 Sunday. The trader is put at risk for the day 9$, autoclouse 10$, дается 600 шерс (i.e, if the trader's first deal is positive, then he can still do 1 deal, if plus and second, it can do the 3rd, if the trader made the first trade negative, at the same time did not even reach minus 9$ – should stop trading).
Upon successful completion – transition to the second stage.
2 stage – 2 weeks. The trader is put at risk for the day 10$, autoclouse 15$, дается 1000 шерс (that is, the trader can do up to 5 positive deals). Allowed 2 минусовые сделки, after 2 minus stops trading, even if it has not reached the stop loss.
Upon successful completion – переход на 3 stage, with negative net – переход на 1 stage.
3 stage – 4 weeks. The trader is put at risk for the day 15$, autoclouse 20$, дается 1400 шерс (that is, the trader can do up to 7 positive deals). Closes with 3 negative trades, even if it has not reached the stop loss.
Upon successful completion – transition to the 4th stage, with negative net – on the 2nd.
P.S. do not write angry letters. Nobody imposes anything on you. I believe, that it can help many.
Не нравится – don't follow.
Also important: если вы видите, that you are doing great and the statistics are in your direction – try to increase the number of transactions.
This system is for people, who are just starting.
Ideally – you must understand yourself, what do you do best, which is worse and create your own system tailored to your personal pros and cons.
The last few days are very happy with homework. Lots of fluid and directional movements.
Almost no need for filters.
All this is good for morale and, respectively, on the results.
Сколько это продлится – fig knows, but for now we are happy :)
A very fresh interview with Alexander Mikhailovich Gerchik.
I advise everyone.
Happy viewing.