Emotional Rollercoaster
KIO RA! whats up fellas.
This time writing about a emotional roller coaster when it comes to F X trading.
I have actively trading currencies on a foreign exchange market starting from early September now, after I get a training from one of the most successful traders in Estonia — Konstantin Gorbunov, a great guy who inspired me to continue with the studies.
Now, being actively trading for 3 months, plus a little bit in the past as well, I can say that I've done a lot of mistakes and figured out it is not a get-rich-quick-scheme. Yet, they say you are a fucking master of FX markets if you can make 10% a month your account. Meaning if you own 100k account you'll be more than 200k at the end of the year if you show consistency and follow the trading plan.
What I have in mind is I think that these are all limited beliefs which I seem to not have when it comes to trading. I've done 6x on my account within a week and then lost it all (this week actually). I've gone 1200€ from 10€ account within 1.5 weeks and lost it all. I've gone from 50 to 350€ and lost it all again.
It is of course done with a huge risk and potentially messing it all up within one trade, but my main point is that I've done it, and this is just a beginning of the journey which I love very much but at the same time I am little bit confused because it's in my nature to go beyond the rules and get to the end quicker than the average does.
Today, I am listening to another Udemy course that is explaining S W I N G trading strategy which I am going to test out next week along with E X A C T trading plan that I must follow during the week.
I think about FX as a long term investment, a lifelong journey that will serve me for ever, that will make my dreams come true, that will give me freedom, remote lifestyle, experise in a certain area — a mastery. Even though it's just few months in, it feels already like forever. Every day I am getting better & better and the knowledge I am gaining through failing and failing over again will make me bulletproof in time.
But for now, in order to succeed I need to learn every day, talk to people, trade — trade — trade and write my CONSISTENT WINNING strategy.
The only thing is can't do is just that I can't give up. This must be a journey of a lifetime. A journey of a mastery. A journey that I will enjoy every single day.
Another thing on my mind are the limiting beliefs that are being imposed on us every day. When I came to NZ, a fellow ex-NZ'er told me that you can't save more than 300nz per week here. This was his reality that he tried to sell me and which I actually believed at first. The reality is it is possible to save much much more.
Every now and then I hear that you can't make more than 10% per month on your account steadily. I have heard stories about guys that have turned 2k into 175k and 500US into 10k in one month time. And then 21 y. old who have gained over 200k over the last 5 months. The thing is everything is possible if you think it is possible and go for it relentlessly.
Max, I want to remind you to not give up on this and to invest most of your time into this and never look back. That's what I am doing right now from day to day basis with intention to grow my 200US account into 10k in 3 months.
