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How to build my own trading system?

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Time to think about Success! I decided to make a blog about, how I think people should build they own trading system. Comment story:

Scenario #1:

Adam: Hi Konstantin, I want to become a forex trader.

Me: Ok great, why forex?

Adam: Because I want to make big money, I saw on YouTube and I want to do the same.

Me: Ok great, who’s those people?

Adam: I don’t know, but I heard many people making money in forex, I want to become rich.

Me: Ok, what do you know about forex?

Adam: Nothing, show me only how to make 100pip a week.

Me: Sorry, I can’t help you, thank you have a nice day.

Comments:

Well…

first, if you want to learn “only how to…” well, first to know, market it is in constant change and you have to adapt your strategy over and over again. Not often, but how market work on summer, it’s not the same as on winter time. Second, I will never teach anyone something, where he wont put his all 100% , so after he go to see others people and tell them “Konstantin it’s a Crook, I tried his system for 10 days and it din’t work” Third, Forex…market for Elite trader, manipulating over 30 pairs at the time, it’s not easy, and I’m not counting taking others information in consideration.  If you don’t know how hard it is, try to “apply for Olympics races”, whiteout never in your life run at least a mile. Fourth and the last, I don’t know for others, but for me, if you want to trade forex, this it’s a “life style”, witch mean, you have to breath it. It’s not something you can do on part time. There’s more in, and if you have no experience in what ever method or instrument, you won’t succeed from what I experience.

There’s more than a system, you need a lot of experience, and it’s not the way you will get it.

How ever, if you keep reading, I will show you, the best way you can do, and get a lot of experience in very short period of time. (about 3 months should be enough).

Senario #2:

Adam: Hi Konstantin, I would like to learn how to make money in market? I don’t know where to start, but would like to try it.

Me: Hi Adam, well, I don’t teach people how to trade, how ever, let me ask you few questions, and I will help you by telling you the right:

-Direction to take

-Where to go

-An overview of all market, pro and con, so you can decide witch one it fit your personality.

Adam: Ok, what’s the question?

Me: What it’s your desire life style? How do you see your self in future?

Adam: I want to make money in market, as part time, and by putting only few hours a week.

Me: (… ask few others question), let me give you an overview of 3 market where you can go…etc..

Adam:  Ok thanks’!

Comments:

Do you see a difference between both scenario?

Before start to think about, learning how to trade, ask your self what kind of result you seeking? And then ask what vehicle it’s the best to use. After what, you just keep mastering this.

And…lit by little, match this vehicle with your desire lifestyle, by creating the routine you want in future, in this current moment.

Also, there’s thousands and thousands …and more ways to trade. And from what I learn, picking a strategy witch “you think will bring you most cash”, are not as important as, witch strategy will fit my desired lifestyle.

Once you can:

-see your self with the desired life style

-pick the vehicle you need

You need to go see someone, and learn a specific strategy, witch you can duplicate over and over with a high success rates.

But most important, to learn “the market”:

-How it works (why it’s move this ways, or this way), basically the psychology of the Market

-How to build a business plan

-How to adapt your “psychologies” or “blueprint” on the right way.

In fact,…. your psychology it’s more important than the system your trade.

As stupid it can sound:

You can pick 2 new traders, teach them the same stuff, and one will be successful as the other one, will keep making mistakes….same mistakes!! , over and over.

This it’s not because one of them are stupid or smart, this it’s because of one having good “blueprint” and another one is not.

Understand, you need a “blueprint” which will match a “professional trader blueprint”.

Now that you understand, what kind of question you have to ask yourself, and what it’s the right step by step for your own success…?

You have to choices: First… learn by your self Second…. Learn from someone who’s making money already since very long time, and keep doing it. Not only by offering classes, but also by applying what he teaches him self. Great, then, forward question would be…. What’s the cost? If you choose option one, you will think…I could learn it by my self, and it will save me money. Well…first, this it’s the case… because: you will give up, since you have no support You will end by doing mistakes, and create falls blueprint, which will be harder to repair You will ridicule your self in front of others if you start to talk about this to others, since only few succeed. You wil spend more money than you think, by trying over and over. you will spend the most precious commodity, your time….and I’m talking about years and years and 20 to 60 hours a week, depending on your motivation. If you choose option two, you will spend an “X” amount of money at this money, but you will pay for what? Get Years and … decays of years of professional advices, tips and more You will save years and years of your own time You will get to your goal quicker, and you will see success in your life, which will create positive “blueprint”, and start to “see your self getting there” You will have a professional support, on technical and psychological level. And…what if you decide to learn, from free school, free education etc.…? two phrases: It’s free cause it’s sucks, if it would work…anyone would be successful at it. You can’t get something for nothing. Still here? So how to create your own strategy or style?

This it’s the plan:

Of course …there’s more into all of this, there’s many stuff you will need to learn and do. But in big lines, I would say… this pyramid explains in simple steps, how to get where you want, and how to create your own style.

For my self, I recommend Money Maker Edge, since it’s the only one I paied for, and only course I did take.

Some people, I hear about paying for different course, and going from one side to another one, try to mix it all….

Do you want to know how they trading look like and taste?

Next time you are cooking a meal, mix 2 or more receipts …and you will see and taste how they look like.

PS: What are my reason to sell you this course? well, simply cause I know it work, and because so many good trader like you, quit or spend so much money or time befor getting what they want.

Please…don’t do the same mistake like the mass of people.

The post How to build my own trading system? appeared first on Day trading course S&P 500 learn how to trade.


Source: http://www.moneymakeredge.com/blog/build-trading-system/


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