The current crop of mentorees have just finished the first half of their course and are waiting to start to the final three months. One of the new group penned this list of what he had lost courtesy of the program.
The illusion of specialness – “Yep I was one on them. I thought things would be different for me!!”
One good trade and I am made – “I still secretly harboured that belief that one amazing trade early on would set me up for everything else to follow”
A small amount of capital would somehow magically generate large returns – “I needed to grow up and get real. Time to refocus on the job until I have proven my trading business is profitable and sustainable”
Retiring from my job in the next two years would be easily achievable! – “I am finally setting realistic goals that give me time to succeed and not push me to give up in frustration. Two years was just a pipe dream.”
Talking about discipline is enough – “With much disappointment I have realised that saying you are going to do something and actually doing it are two different things. I could write a trilogy on excuses alone.”
Having a good feeling about the market is enough to enter a trade. – “I now understand feelings will send you broke and only a dedicated approach to your trading plan will bring you success.”
Indicator combinations hold the secret to success in the markets. “I now know you need to understand how to use indicators but they will not bring you success.”