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If you win a lot, like 5 percent, 9 percent, 40 percent return month after month, there

is a problem with this. Your emotions are too high now, and when your feelings are
so high, you completely blind and dump for what's going on. If you are blind, it's just
a matter of time that you hit a wall!

At this time your decisions determine your trading career. There is absolutely a right
and a wrong way to win!

Mistakes that we make when we win on a macro level:

You can not tell me that your emotions are not high now, because you accomplished
things that you never did. You see that it works and you never come back from that
high. The problem is that we don't realize that we are just temporary winning!

Biggest misconceptions when you are winning a lot:

1. "This is how it's going to be now, and I need to get used to these 15 percent
gains every month! All I have to do is repeat the way that I'm trading right now.
I take those 15 percent gain every month, extrapolate that over the course of
12 Month, over five years… Yeeeaaaah, I can quit my job now." This is a huge
mistake! Get this Dream out now; nobody hits it on this level. The only people
that say this are scamming you because you don't know how a realistic return
looks like!
2. "Anything less than what I'm making now is a failure". Understand that you
can drop off these level! Don't lose motivation because you were not making 9
percent a month anymore; you were only making 2 percent. 2 percent is
outstanding, you can trade on a pro level if you keep doing that.
3. "I should be risking more! If 2 percent looks like this, what is 5 percent look
like? My job sucks I don't want to quit my job in 4 years, I want to quit it now!
All I have to do is to up my risk!" Listen to me. This is an incredibly stupid
Mistake! Your returns are not real, at least long term they are not. The answer
is not to up your risk! You don't understand these things. The greatest investor
of all time understands this; Warren Buffet. Do you think he gets emotional
about trading? No! He did all of this with 20 percent return year after year in
the Stock Market.

When the crash comes...

● Understand it was supposed to happen


● Be honest with yourself (were you overtrading?) figure out your mistakes get
yourself reset and get back in the gain. Just because you hit that crash does
not mean you are not meant to this! You just flew to close to the sun. I'm going
to attack this market again twice stronger than before. However, you must
understand these 3 things.
● You were still meant to do this.

You are going to be on a large scale fight with your emotions.

In a fight with your emotions do these three simple things:

● Trade your system


● Never deviate from it
● Repeat

So easy and so difficult at the same time!

Mistakes that we make when we win on a micro level:

Sometimes you not happy with the success that you had. We’ve all been there. We
all closed a winning trade and had some degree of regret attached to it. Traders
understand that regret is a waisted emotion. It took me a while but I’m finally to the
point now that I can look back and say that I don’t regret one thing that I did.
Because I stay in my pocket, I trading my system, I cut my emotions and let it do
what it did! If just do that I have no regrets in the end of the year. Sometimes you not
happy with the success that you had. We've all been there. We all closed a winning
trade and had some degree of regret attached to it. Traders understand that regret is
a wasted emotion. It took me a while, but I'm finally to the point now that I can look
back and say that I don't regret one thing that I did. Because I stay in my pocket, I
trading my system, I cut my emotions and let it do what it did! If I do that I have no
regrets at the end of the year.

Do you regret winning?

Maybe you didn't exist when you thought you should. You saw a trade that gives you
500 pips, and you like "wow that's awesome." So after it was all set and done, the
price came back the other way and it trips out you Stop Loss and your Trailing Stop,
and you only ended up closing that trade out with 256 pips. It's pretty far away from
500. Instead of raising your Glass and celebrating your win, you think "oh how could
I have done that differently, I could make more money... I'm not happy with this, I had
500 pips, and now I have just 256 pips".
Please Understand: This is forex trading, we never exit at Tops or Bottoms here. If
you had a big win don't get cozy with where the pips are right now because this is
probably not where we were going to end up. However, the worst thing you can do in
this case is saying: "Ok, next time I'm in a trade, and it goes like 500 pips my way, I
am just gonna take it off. I'm not gonna allow this trade to fall and end its end up like
300 pips." That's ridiculous! Because the moment you do that is when the price is
going to come back a little bit and give you the gigantic 1500 pip move, and you are
not a part of it. So when this happens, I want you to remember that traders like me,
are getting that move! Why? Because I didn't let stupid emotions like regret or any
feelings at all get in the way of trading my system.

Another thing that happens is, sometimes you get close to that TP point and then the
price is going to come back, and your trade ends up in a loss. You were so close like
two pips away from that win, then another form of regret comes in. You say to
yourself: "if I just lowered the first take profit point a little bit I would have got this
trade. If I could find a way to eliminate those trades, then I'm just going to winning
over and over again." However, the problem is now that you were deviating from
your system! It might make sense to you now, but as soon that you do that, you will
going to start leaving pips on the table every time you make that move. Again, this is
you trying to be smarter as your system. I have heard it so many times... "The best
indicator of the world is your brain." Ok, trade with a really good system for a year
and then trade with your brain for a year. Come back and tell me what has happened
;).

KEEP YOUR STUPID EMOTIONS OUT OF THINGS.


The other thing is when you enter a winning trade, and after that, you think "I should
have put more risk on it." NO, you shouldn't have. What you are saying is, that you
have not followed smart risk management. You overcomplicate things, the worst
possible way. The only thing that you had to do the whole time is:

● Trade your system


● Never deviate from it
● Repeat

If you do this three things, nothing can stop you on the way to independence!

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