The conventional trader and investor looks at trading and investing in the financial market from a retailer perspective.
If you ask the average retail trader and investor, they will say that you will need to have the most advanced tools and superior market knowledge to succeed in that business. They will also encourage you to keep track of the charts and decode the market data 24/7. But, do you really think that successful banks and institutions and major investors follow the same strategy retail traders and investors are following?
Actually, it is the opposite. Banks and Institutions are businesses, buying at wholesale prices and selling at retail prices. This allows them to build a strong position in the forex, futures and stock market while still reducing their risk of failing. Consequently, we teach our students to act and think like banks and institutions.
So how can we achieve this? First and foremost, it is best if our students are clean sheets and have never read a book about trading and investing in the forex, futures and stock market. If this is not the case we help them to shake off any retailer perspective in trading and investing. We show them how to identify Supply and Demand imbalances in the forex, futures and stock market, place an Entry-, Target- and Stop-Loss order in advance, and let it play out. Eventually, this simple method will take away feelings of anxiety, fear, or frustration. Mastering the Supply and Demand concept is essential as it avoids emotions coming in the way of making good trading and investing decisions.
Deserting emotions is extremely tough especially when new to trading and investing. We help our students to rewire their thinking. The secret behind rewiring is to remain neutral, collected, and aware during trading in the forex, futures and stock market. At our online trading academy we replace the terms “winning or losing” trades. The term “losing” has a very negative connotation. Rather we should think of it as “costs”, costs of running our own business. There is no profitable business without costs right? The sooner we master the mental game in trading the bigger the chances of reaching the ultimate goal: becoming consistent profitable traders in the forex, futures and stock market.
Risk Disclosure: Trading leveraged products such as CFDs may not be suitable for all investors as they carry a high degree of risk to your investment. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite, and if necessary seek independent advice to fully understand the risk involved, the leveraged nature of CFD trading means that any market movement will have an equally proportional effect on your deposited funds.