Traders Mindset Archives

Everything , you babble of , you really wish. Everything , you work on , you really want. You are the king of the Universe and 11 forgotten laws of attraction are there to serve you in any appearance of your life. They are never , ever confronting with your aligns. Stare of something and the 11 forgotten laws will at once start to act laces of the Universe , so they can thought it , with the aiding of people , positions and cases bring to bear to the reality.

The resourceful case that 11 forgotten laws of attraction process is from the The New Testament and is donating you an simple guide how with three easy footsteps create anything you want. The 1. acts is to appeal. Expose the Universe an alignment. Grant the Space know what you wish. The Universe is reacting on your thoughts.

What do you actually wish ? Convene down and compose it down on a peace of paper. Do not neglect to write in current time. You can inaugurate by drafting something like this: ? I am happy and grateful for . . . ? and then describe how could your life look like in every fraction of it.

You can simply choose what you want but you ought to be Cristal clear in your mind first. This is your duty. If you are not Cristal clear with this , the 11 forgotten laws of attraction are not possible to bring you what you wish. You are spreading mixed pulse , so you are able only captivate mixed results. It would maybe be 1. time in your experience when you will really think about what you want. Now , when you understand that you can do , be , or have anything you want , without any perimeter , what do you actually want ?

Begin is the 1. step in the process of creating , so you would better use to beg. If you have to cull anything but you do not know which line to cull , appeal for abet! You ought not have botch with anything in your life. Easily appeal for the answer.

You do not ought to crave over and over again. Beg just one time. It is just like that , like when you are making an order from the catalog. Remind to always adopt just once. When you spread your alignment , have no worry , that it has arrived , so do not send it once again and then again and again. Order only once. This is the same with the 11 forgotten laws of attraction action. The first act is easy your step , to realize , what you want. And just after you could realize that , you in reality already appealed.

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It’s Not How Much You Make…It’s How Much You Keep!

Hello everyone.  I wanted to get out a quick note to everyone.  This week has been very good so far.  The markets are breaking out and my “Reaper” system has started presenting solid signals.  You’ll see plenty of these signals in the coming months.

The important thing for you to note at this point is that we have already posted a 6% equity increase for the week.  I strongly recommend that you STOP trading at this point until next week.  I prefer to stop trading in my accounts when I’ve reached 3% – 5% for the week.  This practice alone and resulted in massive equity growth over the years.

It’s much easier to make 5% per week than it is to KEEP 5% per week.  The difference is what usually separates successful traders from the rest.  I know that the lure of fast profits gets to you sometimes so let me show you something that you already probably know, but somehow most people forget.  If you earn 5% per week, every week, for two years, a $1,000.00 account increases to $152,229.00!  It’s not that easy to make 5% EVERY week, but it becomes much easier when you STOP trading once you’ve hit that goal.

The nice thing is that we have printed a 6% profit early in the week.  That extra 1% buffer is risk-equity for another trade!  I’ll continue to post trades when they present themselves, but already consider this week a 100% success.

The following signals have results in 2% equity increase each this week:
Buy USDCAD @ 1.0352  SL: 1.0333  TP:  1.0390  Risk = 1% (Took Profit +2% Equity)
Sell EURGBP @ .8798  SL:  .8822  TP:  .8750  Risk = 1% (Took Profit +2% Equity)
Sell AUDUSD @ .9268  SL:  .9282  TP:  .9240  Risk = 1% (Took Profit 21:01 +2% Equity)


Mindset 101 – (Part 1) Trading Too Big

When I interview a potential mentoring client, one of the first things I want to find out is where his mind is.  Specifically I want to find out if he trades with his Amygdala or not.  If the trader is in fact spending a good amount of time in fight or flight mode while a trade is on, I know that he’s trading too big.  I’m not sure I’ve ever interviewed more than two or three candidates who didn’t have this problem.  All of them were already accomplished gamblers and a “rock-star trader” who wanted to bounce ideas off of me for a few months.

Most of the people reading this post are trading a set position size for every trade.  For many of you, that means you are trading a standard lot for every ten thousand dollars you have in your account.  This is a ridiculous amount of money to trade with such a small account.  That’s a whopping 10:1 leverage!  A typical stock broker only offers 4:1 to day traders and 2:1 to most other traders.  Don’t mistake that 100:1 leverage that the broker provides you.  That number is nonsense and should not even enter your mind.

I like to use even leverage in my trading.  That means that I  trade a position that is the same size as my account or smaller.  On many trades I trade this 1:1 leverage.  That means that I’ll trade one mini-lot for every ten thousand dollars in my account.  Many of you are getting ready to hit the BACK key right about now but you should read on!  Trading this way increases your equity by 1% for every 100 pips.  There’s nothing wrong with a 1% gain.  I’ll talk about tying your profit to your stop loss in the money management section of the blog.  This is a mindset post and must stay that way.  I’m talking about being able to live with your losses.

You have to trade down to the sleeping level.  If you cannot sleep when you have trades open, you’re over-leveraged.  It’s that simple.  Don’t let marketers and brokers trick you into over-leveraging your account.  You’re the only one who needs to know what size your position is.