Saturday, January 21, 2017

Still on forex trading

Hi fellow traders,

Yes. It's been a while.

Sincerely, I wish Mr Benny Liang well. He is my mentor in Supply & Demand trading and I have to admit I learned a lot from him. Supply and Demand trading in forex, where I applied the techniques, make sense. I have seen how it works. But in trading, not every trade works. Yes, there are rules to follow. But you cannot foresee a big spike in currency pairs from a sudden news breakout or a deliberate algorithm trade by institutions to take out all retail traders' trades.

As mentioned, I thank Benny for the knowledge. But it still comes back to you. Experiencing, watching, monitoring, learning from mistakes and successes. It all comes back to deliberate practices. Not from a 3-days workshop, but from your deliberate practices. Your mentors take years to not perfect it but to refine the edges so that you don't stray. But being such an ego being, we stray, we challenge, we defy, we deny, until we are lead back to our mentor's path. You are your own divine being. You know why you eventually make it work as you recall what your mentor(s) keep telling you, because you have been blinded by your own ego.

On the same path in gratitude, I wish to Thank Mr Alfonso too. Your Set & Forget community helps me understand myself about supply & demand trading better. The trader needs enlightenment at times. Thanks for the guiding light. You are right about WOW, consolidation and candlestick bases. Let the trades come to you, with specific rules.

And I have to Thank Mr Candi Kum. First of all, I admire your walk the talk attitude. You show me and many of us you are the real deal. You have a humble beginning but you worked hard. You have been trading forex for years, lost a pile of money but you persevere. Your precision trading is not an overnight enlightenment from the Divine but it's through your hard work. You showed your live trading results not to boast, but to tell us it's through hard work that it can be achieved, and you give us the belief we can achieve it. We just have to believe you and believe in ourselves.

How I wish I can show you my live trading results with consistent winning trades like Mr Candi Kum, but I am not there yet. I need to get back to more deliberate practice.

I wish you find your path too, fellow traders.

Namaste.

Tony Chai