Description of SRC (Smart Raja Concepts)
TRADING IS THE MOST PROFITABLE BUSINESS IN THE WORLD BUT YOU NEED TO BE FULLY PREPARED TO RUN IT !
As a new trader we need to understand the brutal realities of the market. The market is the ONLY entity out there that will not apologise for taking money from you, and most of it will come from our own mistakes and negligence.
I beleive 20-30% of your success comes from technical analysis and the rest is based on your psychology, how you manage risk, how you manage trades and what sort of a mindset you bring to the markets.
WHAT IS SRC (SMART RAJA CONCEPTS) ?
SRC is a re-Mastered version of Market Fluidity (yes you do get access to that as well). It is your University grade education presented in an easy to understand Virtual Class setting. Through this course, you will 100% be ready to face the brutal realities of the Forex market.
You will understand and will be able to correctly predict how and where candles move based on the sessions that are running. Our main focus will also be on Risk management and aiming to lose LESS than you planned on losing. Through SRC you will also learn the skills needed to manage trades better, manage emotions and apply risk management techniques that will keep your losses small and winners big.
What will you learn in SRC (Smart Raja Concepts)?
MY NOT-SO EASY BEGINNINGS IN FOREX
When I first started Forex, I was led to believe technical analysis, fundamentals and indicators on charts were necessary to read price action. I was under the impression that to execute a trade I would have to go through complicated systems to know wether price would go UP or Down. After losing $120,000 in the first year trying to learn ALL the indicators possible, I quickly realised there was something I was doing wrong.
In the real world, when you learn more, you achieve more. When you put in the hours, you get real results. However when it comes to trading Forex, that is NOT the case. The markets are completely different than the real world. Here, simplicity wins. Price action wins. Although price will ONLY move up or down, I felt like I don’t need to complicate things to figure out which linear direction price would move. Once I truly understood that, everything changed for me!
WILL I MAKE MILLIONS IN THE MARKET ?
That is absolutely possible ! BUT, not in the first year. There are ‘gurus’ out there who will lead you to believe that you can make millions by following their signals, or taking their course, to having them to manage your account. That is all a facade.
Ofcourse as a trader, our focus is to be financially free, and for trading to pay for our bills right ? Yes ! BUT, it will happen over time. My philosophy is; for that to happen, you need to focus on paying small bills at a time.
However, what WILL happen is that your losses will be smaller than before. The reason why we have so much focus on keeping losses smaller, is because a traditional trader will ALWAYS focus on making more money in the beginning, and as a result he/she loses a lot. So when you can focus on stopping the bleeding, the winners comparatively to losses, automatically seem bigger.
More courses from the same author: Raja Banks