Book Snippets:Reflections on the journey to trading

As I'm rushing to do up my manuscript for the publishers, I wrote this line which resonates very deeply in my journey to trading.

======

"Your journey to trading success takes as long as it takes to overcome your personal stubborness and ego."

The market goes where it wants to go, regardless of how you feel. Most of us CAN see where the market wants to go, right until our ego steps in, and distorts what we see.

Every time we allow ourselves to be humbled, we are one-step closer to success. Every mistake we acknowledge, we are one step closer.

Every time we want to find a way to out-smart the market, we are making our lives one step more difficult. Every time, we want to tell the market when or how to move, we are making our lives one more step more difficult.

A person once said to me: "Winston, I know the mistakes I am going to make even before entering the trade, yet I enter it."

Me: "Great, as long as you keep on losing in this manner, and getting angry with yourself. And don't give up on trading/ or don't become a bankrupt. .. ONE day, you WILL wake up and say: This fighting is stupid... And you will make money happily and effortlessly"..

=====

If you like what you've read, you've to buy our book. Coming out in December.

In a short while, we are going to have a pre-sales list, where you book, and you will get an unbelieve-able special and perks!

Do keep a look out for it.

Till then, Trade with clarity!

Posted via email from Forex Driving School!

Trading *almost* at the Roof Top of Asia

Sawadee Krup,

Hello! Its fun to be trading *almost* at the Roof top of Asia (read more here: http://winstonng.posterous.com/drinking-on-the-rooftop-of-asia), so thought I would drop you a photo of lazy me in the room.

why *almost*? ..'coz we're on the 57th floor, 2 floors below the roof top of asia.. hahah.

Happy trading.

Its nice and good with EUR/USD nicely ranging for some great trades the past few days and today.

Plus, re-loaded on Citi off a support line yesterday (see the proper education you learn in FXDS works everywhere!), with a nice 7% up already. This is from my small rocket portfolio, looking at huge long-term gains, so this little up is meaningless though fun!

have a great night!

cheers,

winston

See the full gallery on posterous

Posted via email from Forex Driving School!

A class busy at work!

hum hum ... buzz buzz.. think think... trade trade

Posted via email from Forex Driving School!

Investing for a Better world!

Investing for a better world.

Using forex to create good! - http://www.kiva.org/community/viewTeamLoans/?team_id=4894

Join us!

Posted via email from Forex Driving School!

FiFo & YOU!

In our recent sunday preview, we had a flurry of questions on FIFO (and the evil rumours going around that NFA is ceasing stop-orders etc).

In my search online, there are many "influential" sites, claiming that you can do trail stops and all. It took me some time to get to the bottom of things, but I've found the one best answer for you!

Read in full link here: http://www2.oanda.com/cgi-bin/msgboard/ultimatebb.cgi?ubb=get_topic;f=16;t=011595

In Summary: OANDA has been holding themselves up to world-class standards, such that "upgrades" in legislations, do not affect them, since they have already been doing it all awhile! No changes to the way we trade!

Once again, we are happy to announce that we've been recommending the best broker to you! 

I use them, and you should use them too.

====

Also, did we tell you that we are one of the few schools who do not take an commissions from our brokers? So, we don't encourage you to trade -for-the-sake-of-my commissions. Trade only when needed.

If the above makes no sense to you, do come down for a FREE 90 min Forex Trading Essentials Seminar  - www.ForexDrivingSchool.com 

====

Happy Trading!

Winston

Posted via email from Forex Driving School!

Using Article Commentaries Effectively & Quickly!

EUR JPY Chart.pdf (83 KB)
View this on posterous

I received a really nice email today from one of our clients.

Nice, because she is hard at work practicing, on her way to Forex Mastery.

You would find her qn, and the answer very beneficial, if you are still trudging through your news pages.

Cheers,

Winston

====

Hi xx, 

the highlighted line in yellow, would be the one you want to look for.

Basically, to find a line (statement) that would be useful where you can take action on.!

Cheers,

Winston

On Fri, Jul 17, 2009 at 12:46 PM, xx wrote:

Hi Winston

 

I was reading this article on SAXO bank sent to me 2 days ago. It seems to be a very good information for trading. I am really eager to understand but I just can't get it.

 

Could you highlight the key words I should always look out for to understand next time when I see article like this pls.?

 

 

Thanks

xx

Posted via email from Forex Driving School!

A Bullish Logic!

I got this free gift after buying a wonder/ micro-fibre mop for the office! (You'll see it in another picture!)

I've seen this toy being sold round every street corner in Sim Lim Square and Bugis; it claims to be cutting-edge sensor technology.

.. But its only a couple of bucks! ... unless they stole the technology!... but even then??

So, I decided to investigate!

Video 1) The hypothesis: Is it sensor technology to identify the walls and reverse from it?

Video 2) The answer!!! It is simple china-ish ingenuity! ... (Hint: notice how the spin slows down when the objects vibration state is affected.)

What has this bull got to do with trading?

How many times do we think that success in trading, must be some big secret algorithm that I have to chase?

How many times have we been lazy to do the simple things in trading, thinking that it wont make the difference?

Simple technology well mastered, can bring out an amazing outcome!

Enjoy!

 

(5472 KB)
Watch on posterous

(6767 KB)
Watch on posterous

Posted via email from Forex Driving School!

Test Post

Test Trial Posterous Post

Posted via email from Forex Driving School!