Dear reader,
Below is mental trajectory of a trader:
Quadrant I: Naïve Novice
He/she naively bedazzled with the practicality of online trading. "Wow fantastic! It's so easy to make money from home!".
The marketing campaign of this industry (broker companies, IB's, signal providers, mirror trading , seminars and courses providers) have been giving false impression to the public as if trading is as easy as a click "click here, click there and there comes the profits!".
Below are examples of common marketing gimmick:
"It's so easy, you can just follow the arrow, blue means BUY and red means SELL"
"You can choose from hundreds of proven strategies that suit your preference and mirror the trade, it makes trading so simple and pleasurable"
Unfortunately no my dear readers, here I tell you the big shocking truth, trading is not that easy, you got to have your own brain, you got to have proper perspective of global economy trend, you got to understand market characteristics and dynamics, you got to have well defined, well planned and well tested trading system, you got to develop certain personal traits to trade successfully in this wild market.
Quadrant II: Struggling Trader
He/she start to understand that trading is not that easy, many times in a very painful way with thousands dollar loss of ones hard earned money, many sleepless nights and several stressful margin call event. One start to study indicators and technical analysis with trial and error approach sporadically instead of systematically. One many times confuses of conflicting signals of different indicators and tools. One follows several forums with many conflicting trade signals and thought which contribute more to add one's confusion than clarification. He/she doesn't have proper perspective of the market, buy in the morning, sell in the afternoon, buy in the evening and bye bye to ones account in the next morning :(
Quadrant III: Skillful Experienced Trader
At this quadrant, a trader can claim one's self as an experienced trader. One has acquired many things on trading methodology. One has realized that to be successful in trading, he/she needs solid trading system which is well defined, well planned, well tested and well executed. One has understood publicly accepted conventional wisdom in trading such as "cut your loss short and let your profit run", reward to risk ratio concept, trend following concept, overbought/oversold counter trade concept, money management, etc. One has understood market dynamics for different pairs/instrument. Shortly, one has acquired almost all the necessary skill to trade profitably.
However, he/she may has became a skillful trader but not a consistent profitable one. He/she missed something very important, there still a gap, a missing link which separate between skillful trader and profitable one. He/she keep looking and researching for the holy grail system, applying one system only to find flaws after few months and then jump to another system which is looking good at hindsight but crack after few months along with his/her live account.
Many of this quadrant then quit in desperation and decide trading is not their thing. Many others decide to seek income not by trading but by becoming an IB, offering managed account, teaching trading seminars, writing books and articles, selling signals and other trading related services to capitalize their knowledge and skill which has been acquired through years of trading. I dont intend to underestimate all trading related services out there. In fact, there are teachers and writers which are excellent from whom I collect my own market comprehension.
Quadrant IV: Consistent Profitable Trader
He/she is one of rare individuals in retail trading world. One has successfully reveal the true secret, the missing link, the gap which separate between skillful trader and profitable one. He/she is profitable and he/she is consistent.
There is general understanding that 95% of trader lost. We believe that even further, out of 5% of those that doesn't lose, less than one fifth of them who profit consistently, whose profits is not mere product of randomness or probability luck. Thus, speaking of consistent profitable trader, we talk about less than 1% of retail trader population.
These rare individuals generally live from trading activity and only very few who are willing to share knowledge or selling seminars because they had more than enough from trading. This is why consistent profitable trader stay rare in retail trading world. This is what concern us and motivate us to share our system, method and skill we acquired in journey to our current Quadrant IV.
In our journey, we spent tens of thousands dollars for seminars, books, online courses, newsletters and tens of thousands dollars of busted live accounts. From big piles of trading books we have and from seminars and courses we attended, actually only few of them which are beneficial to our trading success.
In our next 3 day seminars on November, we believe that we can assist you to Quadrant IV. For those of you who are currently in Quadrant III, please come with an open mind and be ready for a paradigm shifting. Much of our trading philosophy are actually not and even challenge common mainstream wisdom. If you insist on following common mainstream wisdom, then you are ready to join those 95% of retail trader who lose money.
For those of you who are currently in Quadrant I or II, by attending our seminar, you take shortcut to Quadrant IV, you will save so much resources in terms of time and money which usually loss in the journey to become Consistent Profitable Trader. You are fortunate because truly many traders never reach Quadrant IV even though in the surface they looked successful and considered as master by many.
In this training we will share our paradigm, market perspective, skill and personal traits necessary to be developed based on system and method we employ successfully in our trading. We also have developed automatic trading/EA based on said principles. The EA has been trading live successfully for a year.
The investment to our seminar is USD 2.350 with 40% discount for early registration. We charge you decent number because we believe people tend to appreciate more to materials they can't get easily and then utilize them to their maximum advantage. Indeed, utilization of our EA with ultra conservative setting (almost risk free) for merely two months can pay for this seminar investment.
We will conduct preview seminar in Jakarta on October 29th, 2011. The investment will be Rp.200.000 (around 23.5 USD). We will share the preview of our trading paradigm and approach, we will show you our live account and we will show you the sneak peek of what participants will get during our complete three days seminar.
For registration to our preview seminar please email your contact number to cholly.ahmad@mifx.com.
For English speaking participant who can't come to Jakarta, we will release online seminars in English before end of year.
Thanks and may God
bless us all.
