Friday 6 September 2013

Yep, I'd ride my Motorbike here

Only a few months ago I visited Bangkok for the first time and was in awe of the traffic. 


I thought to myself, no way do I ever want to drive here.  Not in a car and definitely not on a motorbike.

A few months later I'm driving a car in Phuket.  Not long after that I'm riding a motorbike and zipping in and out of traffic, passing cars, getting from point a to b in less time than a car without the need to find or pay for parking.  Sure it gets a little hot or wet at times but overall it's a great way to commute and enjoy Thailand.


Now that I'm back in Bangkok again I feel confident I can ride my motorbike here. I'd even prefer it over walking those awkward sidewalks, cramped streets, and fighting off panhandlers.  
Funny how ones perspective changes.  Equally interesting is how one adjusts to the big city in a flash.
Day Trading is quite similar.  It's like riding a bike, once you get back on, you are quickly peddling like it was your first bike.  And all that experience riding your bike, or day trading, comes in handy as it guides you. 

Then there comes that day where you take out your bike and you face a new challenge or you figure out a new trail, or you upgrade to a motorbike and one day take on Bangkok.   In trading you have your comfort zone, you have a system or strategy that you know that works. And as you get more experienced, you start riding that traffic like you ride those waves in Hawaii, like a champ.  You might even figure out some new tricks, some new strategies and systems.

All in all, the Forex Market is exciting.  It's an experience.  It's always changing and yet it's as it has always been.  A good platform, broker, system, and strategy are not enough.  Experience is key.   A great way to get insight on the Forex Market is to sit down with a pro, someone that has been trading the Forex Market for many years and can share their experience.   Just an hour with an expert can be as powerful as a few years on your own.   If you don't have one, I recommend you take on a Forex Coach.    For more information have a look at my Day Trading Course.

Monday 2 September 2013

Panya's Testimonial

Just a couple weeks ago I took on a new student from Bangkok.  Panya, an established business man and family man with a few years in the Forex Market.  He had tried many different strategies, systems, and fallen into the pitfall of EAs (Expert Adivsors) aka Robots.  You know, those get rich quick schemes that if you're lucky works for a short amount of time before wiping out your account.  Panya had gone through the ups and downs and had enough of false signals and EAs.

Panya flew to Phuket to meet me and start my Forex Day Trading Program.   We met at Central Festival Shopping Mall and had a great chat over lunch, about Forex, Business, and Life in General.



He signed up to my course on the spot and we rolled up our sleeves and started our first session right there and then.  We could have just as easily done it over the phone and internet but meeting sure was a nice touch.  I like to meet my students face to face.  I love nothing more than seeing them engaged, smiling, laughing, and catching that aha moment.

At the end of our first session, 2 hours later, he had this to say:

"I have learnt a lot from you today.  About Forex and life in general.  I'm inspired.   The $1000 I spent on your one-year-course, I would have paid just for the 2 hours you spent with me."

2 weeks later, I am happy to say that Panya is doing well.  Here is an exert from his email:

"I have been trading and your strategy has proven to work very well.  I have been trading my live accounts when time permits and have made money. You might not believe me but i made $11,000 on Aug. 27th by trading 1-5 lots per order and here's the proof (a snap shot from my iPhone). My capital was about $6,000."
 

 
Disclaimer:
Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors.  The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts