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Writer's pictureJayce PHAM

#1 - The preparation to be a real trader - My long story

Many years ago, when I was a student on Sience and Techonolgy University. I dreamed about a car - Mazda 3 with the cost is around 40,000$ on my country totally (including huge taxes). And then, I searched on the Internet " The salary of an Engineer after graduation of major....". Not surprised, my potiental salary is only 500$ a month - for a developing country, this number is quite big at my hometown. It means that....I need 80 years to save the money without eating, living cost... But, why many people can do it ? They owned many cars on their house. There're some things I missed, I can achieve my dream if I know the way they did.

This is a silly dream but it brought me the real power to take the action. Everyone all has the dreams even small. The diffirence is that Who really take the action after having a dream? When I read about Jack Ma story, I saw his dream even more crazy, he want to change the shopping behavior of the country of billions of people. He did it. So, you have to dream now to act and your future will be better naturally. I dreamed and I don't know what should I do that time ? On my country, the start up programs for students are really limited. I just go to the Internet and search, and then I found a meeting of some start up about "Cryptocurencies - New chances", I joined. It is the last day of 2014 when almost my friends backed to home after a learning year. The "flash" about new road came in my mind. I said "Wow - Amazing, here is my road". I just know I must do something for my life. I cannot waste time in some company with a little money for my whole life. I search all the books about Trading but they're not available on my country, just some books like Forex 100 or Forex 101 having the translation version. Reading English books is a big challenge for me that time. I was learning on Sience university where English was not a main subjects. So, I started learning English and Trading at the same time. Reading any books I can, translate any new words, new definition I see... It is a really tough time. I don't remember how many books I read until now about trading : Forex 100, Forex 101, Fibonacci, Elliot, Wyckoff, MACD, Alligator, RSI, Supply demand, trading is an Art, Naked forex, Crypto, VPA, VSA, MQL5, MQL4, Pinescripts ...... Whenever I got problem, I just know I must read something. I have no money to buy the courses from real traders because they're too expriensive, 2000 - 10000$ from some England traders. On my country, this major is too new to find some traders who can teach me. So, I decided to learn by myself and suffer all the pain during this process. I have never give up. Trying with hundreds methods that I found, spend a year with Binary options for nothing but it gave me the exprience to have feeling with market momentum. 8 - 12 hours per day during many years. And now, I did it, I can buy that "dream car" within really short time that many people say I earned money unreasonably. From 0 - expert level, you will go through many many levels that I can list below : 1 - Learning & removing : Here is the time you try to learn anythings you see on the market. It can prolong until someones tells you about the strategy of a professional trader or you can find your real teacher. If you cannot find your teacher, this process can be prolonged for several years and more. Learning process from level 0 - 4 with trading, you can refer at COURES. This process I built carefully to help traders from the developing countries like me to escape the poverty. 2 - Learning & fine-turning : You learnt something helpful, but you cannot earn profit consistency. Because you learnt other trader's system. You should spend time to back-test and fine turn that system to be suitable for your style. A trader who want to have a freedom life will trade really diffirent compare with a trader who want to be busy with trading. The simple person also use the very diffirent system. That's personality. 3 - Trading and Trust At this level, you had your own system. You knew how to entry, exit, take profit... but your results are un-consistency. Sometime, you trade really well. Sometime, you got series of lost trades without a clearly reason. The main problem is "Risk management" & Psychology control. Risk management not only helps to avoid a big lost trades, it also can help you to have big win trades by trailing profit. Just a little traders can recognize this problem to focus and improve it. Almost traders thought that "my system had problem, it cannot help me to read the market perfectly". I would say "Nothing is perfect, everything is relative", even my market structure combine with market cycle and key level strategy can help me to read from Monthly chart until 1 minute chart. But, it takes many time to update charts and manage, it brings me headache and stress to continue trading. I want to trade more simple and relax. I chose to use H4 - H1 - M15 only, other factors are posibility problem if I lost. That's it. About "Trust", here is the most difficulty problem, almost traders did not trust their system completely. But the solution is so simple, just record your winning trade when you're on live trading. Reading the them everyday, your confidence will be improved dramatically. 4 - Trading and Relax When you trade well, sometime you will not see any chances. Now, let's appy "Check & skips" skill I shared. Just relax, all problem come from watting time. Remember it, practice your mind with it. You're on the success road, don't worry. Let's DREAM, traders. Dream big to act decisively. You don't have anything to lose now, but you will lose the FUTURE if you don't act anything now. Warm regards, CEO NCI, Jayce PHAM

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