Professional Documents
Culture Documents
By GBP Trades
Introduction
complete the book. 15% will attempt all of the steps I have
laid out, but only 3% will follow each step exactly as I have
laid them out and will become financially free within the
180 days. You have to decide what kind of person you are.
Trading does offer the potential for huge financial gains, and
try. The problem with this is that these new traders think
that these gains can be achieved instantly and all they need
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Trading is a business, and like any business you need to
of success.
That is the aim of this book. In this book I plan to give you
think you are, you are not ‘destined’ for anything, you don’t
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stage or two and this may mean that you are unable to
obtain financial freedom with the 180 days, but that is okay.
Just because you didn’t achieve this within 180 days, doesn’t
mean you won’t within 360. Just try again, never quit.
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Step 1: The Beginning
or both!
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weeks. Instead, the goal here is to, through trading, help you
build on.
So, now we know that these mindsets are not of much use,
this and give it your all for all 180 days, you will still know
next to nothing.
The things is, there is so much to know, and you will never
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some results soon, you still know nothing, don’t get
overconfident.
Even if I asked you to guess, and the words you said were
spot on, you still have no idea. It is all fun and games until
slept.
It is easy to say “I understand this” but the truth is, until you
really feel that, you have no clue and that’s okay! You just
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180 days of busting your ass for 12 hours a day, every day,
but it can be done if you really put all of these hours in the
bank.
They will only ever hold you back. They will lie to you and
you’re ready.
reads this will lose at some point to their ego. But you just
improvement.
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podcasts. At this early stage, you want to intake as much
information as you can. But and here is the but, you must act
on the information that you are taking in, otherwise all you
doing exactly what the advice was. If it’s not, leave it.
apologies, as I have not done you many favors with this, but
the fact is, people value FREE things, far less than things
they have paid for. So, even though I have spent months,
whole step by step guide to quit your job, many of you will
things.
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What is “skin in the game”? “Skin” is something that you
another person pay $1000 for it, believe it or not, the person
who paid $1000 would get far more value from it. Why?
Because they are far more likely to act on it that the person
doesn’t it?)
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has even a small chance of improving them, they will take
that risk.
Sometimes it doesn’t have that value, but that is the risk. But
that I knew, that what he taught me, could far exceed £1,500
ago now).
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Again, it doesn’t have to be money that you invest. It could
what you have learned every day. But just have some kind of
action.
Why?
The truth is, in order to reach a stage where you are making
And the truth is, for the time being, you are not. Again, that
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of person is not easy atoll and can take many years.
life. If you are ill disciplined in your day-to-day life, you will
This means doing all the things that you hate doing: working
things that won’t mater in the long run and start valuing real
both) because at the end of the day, that time or money that
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Step 2- Acting in Accordance to The Person
You Want to Be
So, first things first, I want you to close your eyes for 10
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Would they ever not take full responsibility? Probably not.
Act how they act, carry yourself how they would carry
become.
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The goal of this step is rather simple: to get you as prepared
Again, this all stems around mindset and discipline. With the
possible.
So, the next part of this step is this, I want you to create a
shop or anywhere that you can sit with either your phone or
The reason?
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sleep, you don’t sleep and work in the same space.
be just you are your work. That was we can really dial-in on
work.
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Step 3: Information Intake
But here is the key, this stage isn’t all that it is cracked up to
be. You don’t need to know 400 strategies. All you need to
To quote the famous Bruce Lee: “I fear not the man who has
practiced 10,000 kicks once, but I fear the man who has
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So how can we take this into trading?
watch their “new strategy video.” When the truth is, that
they don’t take into consideration the obvious. They are just
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I wish that I had some easy shortcut, or some trading ‘hack’
repetition.
Sounds easy right? But the problems is that traders often get
start all over again, and you can see how most traders get
caught in this loop of: Find a strategy, learn it, lose a few
teaching here:
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1) You take everything that I am saying onboard and you
and stick to it. People will tell you to change, but remember
If you are not a stage yet where you are ready to learn about
poured hours into teaching all of the basic chart skills that
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least 80% of traders.
But even if you don’t want to learn from me, that is fine, find
So, now that we have a strategy and have learned all that we
fail. The fact is that when beginner traders start, all they see
So what they do is risk far too much on each trade and try to
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account sooner or later losing everything.
trade one day, the next day I risk 0.25% until I win again.
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Why do I do this?
win or lose.
all.
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If it isn’t already obvious, this is incredibly difficult, so
having such low risk, allows us to chill out and be fine on the
far the number one reason that 95% of traders fail. People
are better off doing your absolute best, to forget about the
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because of the way the world is, we have all been
rules.
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This helps me stay in routine and minimizes my reasons for
view the trade for what it is. But, more importantly, it helps
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Step 4: Building Your System
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So, to first build your system, you need to take that strategy
that you have learned, and spend the next 50 trading days
practicing it, taking one trade per day. I want you to count
the following:
profitable.
Once we know that, you can move to the second part, which
plan, I want you to write out the amount that you will risk
on one trade.
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rules.
Once you have this all written down, you should know:
Now you have your own step by step trading plan. If you
follow this day in and day out from now on, you will be
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Step 5: Demo
is by not trying to make money. I can tell you for a fact that if
The truth is, you are not ready to handle risking real money.
Right now, you need to not be one of the arrogant idiots who
said in the first and second steps. That who you act as
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matters. Would future you be so foolish as to be too
severely lack it. So, for these next 3 months, you need to
This will allow you to still practice your system, develop this
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anything impacted your trade, if there was anything that
you noticed in your mind. This will help you spot any mental
flaws or weaknesses that you can learn to iron out over time
and practice.
and any other small data points that you may find relevant
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Step 6: Live
Live trading is our next step. For this you need a trusted
broker and the system that you have just been using on
that you can use proper risk management when real money
is involved.
You should deposit around $100 and risk only $0.5 per
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It is near impossible to become a trader, it becomes even
So, now you have deposited $100, like I said previously, you
need to use the same system that you have already been
these trade.
The aim here is to trade for 50 trading days and prove that
system for 50 days. You may move onto the next step, if not,
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you must do this again. The next step here is hard. It is
room for error in your system and your ability to follow that
system.
doing.
You now know, based on your results with the live and
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The problem is that 99% of traders who take these
So, you must, must, must, stick to the plan. Don’t try to pass
fast. My number one tip for passing these accounts is: Don’t
if you don’t fail the challenge for long enough and actually
For your first funded account, start with a small one, like a
$5k or $10k. Once you have passed you can then move on
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Step 8: Scaling Fundeds
This is where the money is made, but by the time you have
gotten to this stage, I hope that you realize that even this
Anyway, let’s talk about this step. Now that you have passed
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at the minimum amount each time and re-invest those
Once you have built up a portfolio that you are happy with,
you can start keeping profits for yourself. If you were smart
and held off of this and focused on the process, these profits
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stacked up).
that one bad choice and you can lose all of this, you must
You are one step away from completing the 180 days and
be honest, the odds are stacked against you once more, but
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Step 9: Stacking Cash
move on.
If you are smart, you will use the good months earnings to
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Please do your own research when choosing a bank to go
you have 24/7 access to the money in that account. Also aim
You need to stack cash, having this spare money will allow
quitting your job etc. Calculate how much it costs for you to
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live on for 6 months and save up that number.
not to touch that money unless you really need it. You
ideally still want to make more from your trades than you
spend in a month. So, this does not mean you can buy a
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Conclusion
that I knew when I was giving this book out for free that you
around 50% would read the first page, 40% would read the
first step and only around 20% would finish the book. This
This is why when I say to you that 95% of traders fail, you
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winning seems so far away. Remember that know trading is
hard, that why so many fail, and that this is what hard feels
like. Remember that every time you have a hard day and
One last note from me, sometimes you will feel untouchable,
sometimes you will feel like you cannot be stopped, like you
are the best. Just remember, that all of this can be taken
away even faster than you made it. Stay humble, stay
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