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forex
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Your Trader Scorecard 1. START HERE Keep a track of your score as you advance through the course, so that you can reflect on the progress you have made along your trading journey. Ge CLICK HERE to download a copy of your trader scorecard How Much Money Can You Make Trading FX? 1. START HERE Potential returns from FX trading are a factor of just two things: * Your individual skillset * Your trading account balance The output of that equation is practically unlimited, Trading returns -> can be measured as a percentage of your total account size. (Profit $ / Account Size) x 100 = Profit % The same skillset on a larger account produces larger profits. The true power lies in the compounding effect. Return the same % every month and you will make more money every month. @& Compound Interest Calculator Prop Firm -> an institution that uses the firm’s capital to trade for direct market gain. Individual traders who can prove their skillset with strict risk management can get access to a reasonably large amount of starting capital. Once funded, you can receive at least 70% of the profits, whilst the prop firm covers any losses. FTMO have recently improved their profit split: Starting Capital -> $400k 10% per month = $40k gross 80/20 split = $32k net Average UK Salary = £30k / €28k / $33k Scaling plans can get you to 7 figures trading capital within 2 years if you average at least +2.5% pm. Improving Your Odds Of Success 1. START HERE Life is coming to you at the speed of light. Within those light particles, there are positive and negative charges. Perceived positives have hidden negatives. Perceived negatives have hidden positives The future (imagination) and past (memory) are only constructs of the mind. The present is all we have The line between your memory and imagination is a mirror: 1. Negatively charged past memories mirror forward to create negatively charged future imaginations. 2. Positively charged past memories mirror forward to create positively charged future imaginations. 3, Past infatuations lead to future fantasies. 4, Past resentments lead to future fears. But infatuations and resentments are both lies (incomplete awarenesses). These lopsided perceptions are logged in the mind when we fail to see two sides of a person / event / circumstance Every negative charge is entangled with an equal and opposite positive charge. At the moment of resentment (negative charge), you have an equal and opposite infatuation with the opposite event (positive charge). When you find the negatives within your past positive charges and the positives within your past negative charges, you annihilate them both and make light. ‘You "see the light" and become graced by the event taking place exactly how and when it did, At this moment, you also dissolve the mirrored fears and fantasies of the future. Wisdom is the instantaneous recognition of both sides to an event. Neutralising fantasies and fears pull you back into presence (the present). Posied with presence vs Poisoned by emotions. If your beliefs about trading are balanced, realistic, and empowering, you will naturally have the greatest probability of success. Roadmap To Funding 1. START HERE In order to set proper expectations for your growth and progression, I have created a 12-month roadmap for you and envisage your Zero to Funded journey to look something like this: BUILDING PHASE MONTIIS 1-3: # Join the community -> introduce yourself and find your way around Watch the course content -> watch the ‘Technical Analysis’ module 3x Practice the TA exercises & compare them to the Walkthroughs Ask questions & request chart feedback once you have familiarised yourself with the content Start to build out a trading plan that fits your personality & schedule TESTING PHASE MONTHS 4-6: + Build Case Studies > collecting data/examples to prove your plan has an edge + Forward test > daily / weekly markups watching live price action * Backtest -> practicing skillset of trade plan execution on simulated historical price action ‘Start trading a demo account & build confidence in your plan * Refine your edge > look into 1-1 coaching sessions for help correcting re approach ing errors in your TRADING PHASE MONTHS 7-9: © Start trading a small personal live account -> learn how to regulate emotions * Practice passing free trial challenges that some prop firms offer FUNDING PHASE MONTHS 10-12: + Begin going after funding challenges when you're confident & consistent with the strategy SCALING PHASE MONTHS 12+: * You're a funded Photon Trader, congratulations! It’s time to scale your funded account + continue to refine your edge Achieve Your Most Ambitious Goals 1. START HERE Getting any start-up business, especially a trading business off the ground will likely require 100% of your focused energy. GOAL SETTING Focus on: 3 Annual goals, split nto; 3 goals per Quarter, split into; 3 goals per Month, split into; 3 milestones per Week, split into; 3 high priority actions per Day The Proce 1, Decide what you want to achieve 2. Try different ways of achieving it until you find one that works for you. 3. Do more of what works. Do less of what doesn't 4, Don't stop doing it until it stops working, 5. Repeat, PROCESS > OUTCOME Al goals should be process, not outcome based. Visualising the end result is not the fastest method and certainly not the one with the highest chance of working, It is difficult to match the big distance in vibration that exists between you and the desired end result. Imagine the process of moving towards the desired result. When there is a smaller vibrational gap between you and your current objective, it’s naturally accomplished much easier. With visuali ion, we give direction to our preferred scenario. It allows us to change the line of life. Visualise the process. PROCRASTINATION Procrastination is a privilege. ‘You do not procrastinate when your life is in danger, you just act. What would less procrastination mean for the future you / your family / causes you care about? Understand the long-term consequence of inaction. Diet / sleep / structure > if you want to fix it, measure it SOCIAL INFLUE] Do not underestimate the power of social influence on your success or lack thereof. Be very careful with who you choose to share your goals with Stop asking blind people to proofread your vision. Showing them your want (desire) makes them aware of their want (lack). They'd rather not hear about the vision you have, because it reminds them of the one they've lost. People will quit on you - you have to get up every day and make sure you don’t quit on yourself. When you do it for yourself, there is no timeline. ‘When you do it for others’ approval, the timeline is alway too close and right in your face. There is a general fear across the trading industry which is primarily procrastination-based; those that seek the acceptance of friends, family, community because society reflects upon the need for moral support. However this is Photon...no matter where you are on your journey, you are fully supported here regardless and we will not judge you for how slow you go, but we will constructively criticise when you're making decisions that will negatively affect both your short and long term success. TRADING FANTASIES. Humans overestimate what they can achieve in months & underestimate what they can achieve in a few years. You wouldn't watch a course on Brain Surgery & expect to operate on a patient the next day. So don’t expect the same with trading Pilot Crash Course = crash landing! KEEPING ON Don't ignore the little wins. Savour them, they'll keep you going and push you to the next win. ‘Monitor all progression, enjoy the milestones, it keeps the inspiration high. Keeping on is the hardest battle of all, so each win is important, We are created for greatness. So start believing and acting as so. "No longer become a spectator in your decisions but an active participant" - Stephen Duneier (C_Wateh thi: Your Trading Dashboard (Notion) J.SsmARruERE Becoming a good trader isnt just about developing and fine-tuning your tang sil, fe about becoming fll accountable ily intentional, incresing tel swarenss, td dong your pts that you sae ready whe fs your time Use this dashboard, and all fhe tools youre given to lvel up. The mets naw, Step 1: Clik beset sgn up fora fee Notion account Step 2: Clik hereto downloud the Photon Trading Dashboard ‘You can use this dashboard asthe central locaton to run your entire tang busines. Step 3: Click the duplicate button on she top right-hand comer to copy the dashboard to your Notion account, ee ose (a Tating Dashboard = Trading Dashboard Deri) psu) ao) Da Peery Cheeta) od Phe PR eee ey E Self Journal Peer ad ene) ages] A ord Ree es cured ooo@ ooo DEO e es ‘The Photon Trading Dashboard Testing Tracker 1 Resource Folder Goals Board ‘Weekly Review Joursal Dally Planner Habit Tracker Vision Bow “Make it your own, spruce itup and always ~ Ifyou ereate something cool, share I over Inthe community so everyone ean benefit! ss fom burning, go into the 'Setings & Member! menu on the Lf-band side and switch ‘Datk Mode! on Clik here fora help page on how to use and customise your Notion dashboard Practice Daily Gratitude: Acknowledging the good you already have in your lifes the foundation forall abundance 10 insights for self-discipline from Marcus Aurelius 1. Self Discipline starts wit finding your purpose - why? 2 Count on yourself take action 3 Show up everyday - hud the habit, build the eonsstoney 44 Practice volutary hardship - Get comfortable being uncomfortable 5. Prastce dichotomy of ctrl - know atid accept what you can and cannot contol 66 Never play the victim - take responsi, bol yoursef accountable fo your own ations 7 Practice delayed gatiiation sacrifice wha you wast now, for What ou want most 8 Ignore naysayers = foens on yoursell 9, Find wite people to emulats- surround yourself with like-minded people 10, Honestly review your day - scrutinise yourself find your weak spots Free Lifetime Subscription 1. START HERE ‘You have a unique financial fingerprint that is formed by patterns in your: Bank accounts Income Net worth ‘Atany one point in time, your financial fingerprint tends to bounce between a floor" and a ‘ceiling’. ‘You might call these levels your 'lower financial thermostat’ and your ‘upper financial thermostat’. These are called 'thermostats' because as you perceive (via sensory input) that your financial situation is approaching these levels, your actions (via motor output) are automatically (often unconsciously) adjusted to keep you in 'the middle’, Another way of describing 'the middle’ is: Your comfort zone Your overall financial thermostat Your internal financial level Your financial self-image Your financial self-worth As your financial situation approaches or exceeds your upper financial thermostat: You start loosening up You become more financially sloppy You take greater risks Your work ethic & consistency declines Your lifestyle & expenses increase You attract people, situations & circumstances to have your money ‘taken’ ‘You manifest unexpected bills or financial emergencies As your financial situation approaches or exceeds your lower financial thermostat: You start tightening up You become more financially calculated You take fewer risks Your work ethic & consistency increases Your lifestyle & expenses decrease You attract people, situations & circumstances to provide new income opportunities ‘You manifest unexpected income or financial wins Out of the 2 thermostats, your lower financial thermostat is by far the most significant contributor to your overall financial situation, ‘Your upper financial thermostat could be likened to 'dreams', Your lower financial thermostat could be likened to 'standards'. ‘You don't always achieve your dreams, but you'll always uphold your standards. To increase your overall financial situation, you must work on increasing your standards. Based on my experience, these are the 6 primary components that govern your standards: 1, Beliefs > What do you believe about money, wealth, rich people, and poor people? 2. Values -> Where does wealth sit on your hierarchy of values? 3. Influence -> Who do you hang around most, and what is their financial situation? 4, Language > How do you speak about money, wealth, income, finance, and affordability? 5, Habits > What are your habits around making and spending money? 6. Worthiness -> At the deepest level of your being, how much money do you truly believe you deserve? Ask yourself: ‘Who do T have to become to be where I want to be? ‘You have to become the person to achieve the goals that are associated with that person. You are not the highest version of yourself that you can imagine/dream about, you are the lowest person which you can possibly accept and tolerate. You're not you're highest dreams, you're your lowest standards. ‘You can dream as high as you want, but you are not going to achieve it with your current character. How you achieve your dreams is to transcend your current self, and turn into a character who has your dreams as its standards. The hack designs a character who has their dreams as your standards -> become that character and you achieve those dreams. Automated savings s one of the most underrated and effective wealth creation strategies. Start today, do it now. Put demand on your savings and magic shit happens. Spend less than what you make ‘+ Work on increasing your income ‘+ Work on sharpening your expenses Pay yourself first * Pay a percentage of EVERY £/€/$ you make into a savings account. » 10% of income is the bare minimum amount to start with. + This payment is to be made before any payment is made to staff, family, bills, loans, mortgages, suppliers, and splurging. Automate your savings + Your savings percentage must be automated via recurring bank transfers. + Do NOT rely on completing this payment manually. Force your savings up + Every 3 months, increase the amount you're saving by 10% (or more, if you've experienced an increase in income) + Force it up, even if you don't know where the income will come from * This process increases the demand on your income and mobilises new ideas, opportuni desire, and work ethic. + The best part of this strategy is that it's risk-free. You can always draw back out of your savings account in a life or death situation (but try not to).. s, energy, Look at your accounts daily + Atall times, know where you're at financially. + "Keep your mind on your money and your money on your mind" - Snoop Dogg Please comment below ‘DONE! when you have set up your automated bank savings transfer

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