Though my trading journey has seen me reach incredible highs, and lows, it has been very tough and, comparatively, really, very long. Much of this is down to my own stubbornness; thinking I could work it out by myself and believing blind faith would eventually get me to my goals. That determination stands me in good stead but the journey could've been a great deal shorter had I asked for the right help and if the right help was available.
Enormous amounts of trading education is offered to us almost daily - this guy's e-book, that guys videos, someone else's live trading course. Some of which are very good, most, sadly, are not. Some sellers do offer more, giving us advice about different aspects of trading, flagging up issues we might face but rarely giving us the know-how to overcome them. Often the goal is having us purchase whatever they are selling.
From what is available, I am yet to see any genuine guidance, training or education around putting things into practice. The good service/training providers offer strategy and guidance on how to implement them but, for me, what's completely lacking is help around... I'm struggling for the correct phrase here - I hesitate to use the term "Trading Theory" but cannot think of anything more apt.
When you have strategy, even when you are given clear "push this button now" instructions, you still need framework, structure, guidance and additional learning. When we learn to drive we are not simply handed an owners manual and reference book, we take numerous lessons and, often, some take numerous tests just to get on the road. Only once the test is passed do we really begin to learn what's it all about. How, then, can we expect ourselves, after a small amount of training, watching however many videos, to trade effectively?
My journey was too long, there were too many banks blown, too much needless endeavour and not enough real, genuine help.
Since October last year I've been working with a handful of people, trying to take them to another level of trading capability, helping them understand what's held them back, giving them confidence in themselves and their own abilities to trade the markets effectively. They have not been given any strategy or strategies, working together, all we've done is analysed results and, using that resulting info, been able manipulate how they trade so they focus on what they do well and avoid trading what and where they do not. Each of these guys is part of a particular trading community and their focus is pre race trading. Some of their feedback is below;
"I would like to say a big thank you because not only have you transformed my
trading and I am now making more money than I ever have but maybe more
importantly I am more relaxed and
happier in my life and sleeping better and all of this is thanks to your help
with the mental side of trading. Thank you for changing my life for the better."
"Before speaking with you, I was just a break even trader. I could read the markets well enough but could not make it pay off. Now, looking back on both my P&L and my Trading record (using the excel framework provided) I am in profit.
There are things that you introduced into my schedule that I knew about but didn't think it would make much of a difference. Especially the detailed Trading Record. This really helps to see areas in need of improvement and has helped give me confidence.
I still have a way to go before I can live off my trading profits, but it is clear to see the improvement I have made due to the changes we have implemented. Most of these changes have been with the psychological aspect which I needed help with the most.
I am confident I can achieve my dream, which likely would not have been possible without you."
AT - Kent.
My endeavour now is to help more people. I still want to help pre race traders but, in particular, in-running traders and traders who focus on other sports like football and tennis.
This is how it would work: Firstly, there is no fee to me. Initially we would have a Skype chat, (I do everything over Skype), during which we would have an in-depth chat about your entire trading experience, however short or long. Then we'd talk about you and what you want to achieve. This will help me understand what help you need and, if we're both happy, you make a £50 donation to the NSPCC. For this you get a further six separate Skype sessions with me over a period that would be dictated by your trading type and style. Each session we deep dive into your latest results and learn more and more about how you trade, your pitfalls and successes, from which we build the plan for the next period.
It must be made clear again, there are no strategies on offer here. The idea is to help you identify what will make you a consistently profitable trader and what is currently stopping you.
Drop me an email here if you would like to take the first step. firstname.lastname@example.org