Waking up to the echos of wild parrots chirping in the courtyard and droplets of water flowing out of a spurting fish shaped fountain, I brush my teeth, shower and get my regime started. The smell of fresh dark roast Ethiopian brew fills the air as I prepare my breakfast, get a nice workout in and turn on my MetaTrader 4 trading terminal. From that point on I begin to get into my "Zone".
I start off with a blank canvas.
The only thing visible on my screen is a fresh MT4 chart.
From this point I clear all of the noise off of the chart and begin to measure every corner of the chart from x-axis to y-axis, trying to find the value areas and highs/lows of the sessions and trading day.
My eyes become attuned to the individual ticks of the minute charts as I begin to map out my trading plan which consists of: entries, exits, risk:reward ratios, profit factors, Z-score probabilities, market sentiment and technical/fundamental analysis.
As my eyes scan the charts I begin to make calculations in my head at intense speeds. I have executed my first trade of the day within 5 minutes of opening a chart. I am scalping for 20 minutes and set up my day trading and intraday trading positions then I turn my terminal off. I close my laptop and grab some brunch and go about my daily errands.
I make trading look easy.
The truth is trading is one of the most complex skills to learn. I put over 10,000 hours of study time during my first 2 years of trading the FOREX market. After that I hit a wall and decided to simplify my approach. Everything changed once I started creating my L.I.F.E.-G.R.I.D long-term trading system several years ago. I have transitioned from 20 hour days behind the charts to 20 minutes per day on days that I want to trade. My positions went from risking at some moments, 50% per trade to reducing my risk to 1% per trade to now .10% per trade. Ask me how! Ever wanted to trade short term? Check out my 2020 pre-launch of "Perseverance" short term trading system intro for you active short term traders with a great appetite for risk! BAJA PIPSI have been trading the financial markets for the past decade and have failed to the point where there were no other ways to fail. I trade for myself with my own financial resources and enjoy the freedom of being my own boss managing my independent business built from the ground up. Feel free to message me anytime with questions. Leave a Reply. |
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February 2021
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