Skip to main content

The Power of C=P*D

Trading Requires Consistency and 
Consistency = Patience + Discipline 

Learning to trade in the beginning is akin to learning to drive. 
When you're learning, in the beginning your Left Brain gets engaged. You use the concious part of your brain. The Left analytic, problem solving brain. You are in the concious level. So you are aware of every move. and that is difficult. But this you must do and with enough repetition which means Patience and Discipline, you get it. 


Once you've mastered driving you don't have to know which gear you're in. Heck you even cant tell whether you've passed that bridge or not. Because you may have gone in a trance and memory retrieval function stops during most trances. It just all happens automatically. You start 'Enjoying' the process and stop paying attention to the details. You enjoy the experience of driving and the concious brain engages itself in other stuff. So who drives the car? The right brain. This activity when mastered is passed on to the automatic more powerful brain. That is all done in the Right Brain and so it becomes part of your mental programming and then comes the time when you become an Automatic Robotic Trader. 

With this in mind, now suppose that you are able to somehow 'Create' a solution to get rid of Fear and Anxiety. e.g. by applying simple mind techniques you can achieve the amazing state of mind called The Zone. When in the zone, you are in the now. You are having a blast, you are focused and still relaxed and really enjoying yourself in the present moment. Then, "You know without knowing how you know". 


Surprisingly there are simple tools and techniques that can help one get in and out of the zone. but who wants to get out of the zone aye? 

Remember that nothing can be undone in this universe. The only thing you can do to avoid Fear and Anxiety is to divert your focus from "What You Do Not Want" (in this case Fear and Anxiety) to "What You Want". Once you know "What You Do Not Want" the next step becomes easy. You divert your attention from What You Do Not Want and Focus on the opposite of it 'What you Want'. 



So, what is it that you Do Not Want?  
Fear, Anxiety, Stress  = Losses 


Ok, Now What is the opposite of What You Do Not Want? 
Relaxed, Focused, Joyful, Stress-Free Mind = Profits


If you want to get rid of Fear and Anxiety in trading then FOCUS on Joy and Relaxation and apply techniques that bring you to the state of joy and avoid the actions that may induce fear and anxiety. Don't even talk about anything 'that you do not want'.

We have shared a technique in the Mind section which is simple but powerful and very effective. 


Enjoy Your Trading and Have a Great Rest of the Weekend! 


I wish you a Merry Christmas and a Happy New Year


Popular posts from this blog

Count Elliott Wave within 10 Seconds

After Reading this material you should be able to do the following:
Objective 1. Understand Elliott WaveObjective 2. Count Elliott Wave within 10 SecObjective 3. Learn how to use AO
Objective 1


What is Elliott Wave? 

We believe the market has a structure. That structure is Elliott Wave. We also believe that the structure also has a structure and that structure is shown to us on our charts by using our indicator AIMS Levels. EW consists of impulse waves and corrective waves. We are interested in trading the impulse waves and avoid the corrective waves.


Which wave is most profitable and easy to trade?   


Wave 3 is where we make money. Our strategy puts us right into the impulse waves, where the money is made.


Hypothetically, this is how Elliott Wave looks like.



Within each Impulse wave there are 5 waves.  of which wave 1,3,5,  are again impulse waves whereas wave 2 and 4 are corrective waves.

An impulse wave consists of sequence of 5 waves starting from 1 up 2 down 3 up and 4 down an…

Count Elliott Wave in 10 Sec

Example of Setup 1 and Setup 2. In the Chart below the blue arrow that point to the Red Dot is the spot which we Call Setup 1. The next AIMS/Fractal Level immediately after it broke down is what we call Setup 2. At the Red Dot alligator was sleeping. While at the second break Alligator mouth was open to the downside. 
Updated 11:00 BST

How to Trade Wave 3 Make HUGE PROFITS

The most important thing I learned few years ago was that the market was a wave. Well not the market, but the charts that we look at. It always moves in waves. Someone actually named them after themselves but we don't really need that lovely name (Elliott Wave). Because we don't need to complicate things.

When I talk about waves, I don't mean the popular Elliott Wave. I mean the WAVE we have on the most beautiful indicator called, ahem it has many names, AO, The Awesome Oscillator, The eWave, AIMS Wave etc.  It helps us see the market in a smooth wave going above and below a certain Zero Line. .. It helps you ignore the going up and going down of the price concept. For us technical traders, we don't have an up and down as such specially in forex. All we see is eWave turning Red or Green.

Assuming you already know a bit about the wave. I know most of you will want to know the answer this fantastic question. How to trade the third wave?

They all ask that question, and s…