Most Popular Forex Posts

Why 95% Fail In Long Run ?

 

 >>   Is Forex Price Actions Really More Powerful & Accurate ?

 >>   Riding The Major Trend Strategy On Aud/Usd  ( 289 Pips )

 >>   Double Top Combined With Trendline Strategy On GbpChf

        (  925 Pips )

 >>   Long Candle Breakout Strategy On Gbp/Jpy  ( 287 Pips )

 >>   Do You Even Have The Intention To Succeed With Forex ?

 

 >>   How I Teach Students To See HIDDEN DANGERS ?

 

 1)  Read This First

 

 2)  Why SO IMPORTANT To Keep A Trading Journal ?

 

 3)  Why Are You Always Late & Wrong With Trend ?

      

 4)  When You STRUGGLE when Account Is Small ?

     

 5)  Is Using Stop-Loss Really Protecting Your Capital ?

      ( HARD TRUTH ! )

 

 6)  Be " Slightly More Patience Instead " & Win More !

      ( Simple Yet Effective ! )

 

Common Mistakes That Caused Most To Fail At Forex Trading !

I received a very interesting question ( via email )

yesterday from a fellow reader

and I wish to share with You guys too !

This is the exact email that I received :

————————————————————————–

Aaron, You started sharing

( Your unique  Price Action Way of  )

Trading Strategies & Tips ….

on Your Forex Trading Empire.com since 2009

It is already 7 Years+ now…

And since many traders have wrote in to You

for trading advice especially during the period

when one is struggling and losing …

It means You actually had the rare opportunities

to get to learn about the

” many different kind of mistakes “

that REAL traders have been committing….

which caused them to FAIL eventually in

this trading game

instead of being able to build WEALTH over time…

…am I right on the above ?

If so, why not You share those

” common mistakes ” with me and others ?

So that we can also take note of those

” common mistakes “

that caused most to FAIL in the long run

and try to avoid them during our own

learning journey ?

At least if we are struggling & losing

…we can also rely on these ” common mistakes “

that caused most to fail

to check if MYSELF is also committing the SAME

” common mistake/s ” or not…

This would be very very helpful to anyone

still learning about How to Succeed …….I am sure !

I am sure You became so good in this game

of financial speculation

one of the KEY reasons is that You were

able to learn from HUNDRED or even THOUSANDS of

” different ” Struggling traders

that had wrote in to You seeking solutions for the

problems that they are constantly facing

…….right ?

( Yes….You are sort of the Uncle Agony for forex trading ! * laugh * )

Of course, with the kind of Trading Success

( and Monthly $$$ )

that You are enjoying now….

…..I don’t think You would bother such request of mine

I have been following You since 2010 period

and I have personally witnessed How You ” transformed “

into the kind of SURE-WIN trader that You are today….

I have also personally witnesed Your Live Signals…..

Verified Track Record as well

and I know You are indeed the WALK the TALK kind…

That’s why I have no problem ” Trusting You ” at all

hence I DARE to join Your High Accuracy Coaching program

around the beginning of 2015

I joined the 2nd intake of Your

High Accuracy Coaching program

and You have been very patience in guiding me

throughout…

but unfortunately I am not ” cut out ”

to be the SURE – WIN kind of trader

( even though You are actually generous enough to extend

1 more month of coaching for free to help me with…)

I finally understand that only the Top 1 to 2 %

could be the ” TOP ”  Surgeons….Enginneers…..

Programmers….sportsmen…..etc….in life

Just like in life, not everyone can be a FIGHTER PILOT …

or a World class F1 driver…

Just like in life….not everyone can be Warren Buffett……

or George Soros

But Your way of teachings allow me to

” finally ” understand :

HOW to play this Brutal Selfish Zero-Sum game

in order to WIN in the long run…….

so as to build REAL WEALTH to be used as

MY RETIREMENT FUND… .

…instead of being ” slaughtered ” eventually….

…like most….

Yes, I will always remember Your teachings on this :

” Slow and Steady 5% per month………is the way “…..

That’s why even Warren Buffett & George Soros are only

aiming 30% to 50% GAIN a YEAR

and they are the most successful

” BILLIONAIRES INVESTOR / SPECULATOR ” in this world !!

If without Your sharings on all those HARD TRUTH

…I am sure I would be the kind of :

still chasing for

UNREALISTIC HIGH MONTHLY GAIN %

…..kind of trader too ( like most )

and simply go in circles…..that’s all

Which is why You always tell Your students in

Your Coaching program this :

This trading game is NOT a Sprinting game

instead….it should be a game of  :

” Who can complete many ULTRA-MARATHONS ” !!

Having been involved in this trading game for past 4 years+

…already wasted too many hours and $$$

…I now fully agree on the above !

I suppose it is indeed true that :

“…one can only learn what are REAL & REALISTIC

….what’s POSSIBLE from this trading game…

after been BURNT BADLY….. a few times……! ”

Looking forward to hear good news from You

on this request

and seriously hope You can share

those ” common mistakes ”

to help me ( and others).

I am sure there are many other struggling traders

who NEED to learn about such ” common mistakes ”

that caused most to FAIL in the long run too !

Thank You..

and hv a great day ahead Aaron !

Sincerely,
– Ken Chew  ( also a Singaporean ! )

———————————————————————————————

( My Answer to Ken ) :

Dear Ken,

Thank You for sending in such a ” rather long ” email

but it is definitely WORTH my time reading the entire email

as it shows that You are STARTING to ” detach ” Yourself

from the kind of  UNDESIRABLE MINDSET that the losing majority are having….

Why I said that ?

Based on that REQUEST that You made..!!

🙂

Instead of asking me for ” the best trading strategies “

or

” how to profit 50% …100%….or 200%….per month ……”

…You actually wish to learn about the ” common mistakes

that caused MOST to fail….

it shows that You are starting to see the REAL OBSTACLES

which would be ( or have been ) preventing You from achieving

the kind of Trading Success that You truly desire.

This would mark the COMMENCEMENT of Your

REAL PROGRESSION ” ahead !

🙂

Why I said so ?

Because it is due to these ” Common Mistakes ”

that caused one to LOSE….

and if You can AVOID these ” Common Mistakes “…..in future

isn’t it logical that You would be able to Effectively REDUCE Your Losses ?

Definitely very Logical right ?

Yes indeed…

ever since I started my Forex Trading Empire.com back in 2009

…I have received a total of 10,000+ emails from fellow traders all over the world

Out of that, 3000+ emails were from ” struggling traders ”

seeking solutions & advice to overcome their problems

You are right to say that :

“….I am able to become so good in this trading game…

because I am able to learn from the many different mistakes…. from different kind of traders…

….all these years….”

If I did not ( chose to )  start this Forex Trading Empire.com blog back in 2009

sharing mine very own trading strategies & tips

…there is certainly NO WAY I would be able to learn the ” mistakes ” from other traders at all

Why ?

Because it is a fact that NOBODY will want to admit that

he / she is currently ” struggling…losing ….feeling confused….frustrated…..etc ”

I am sure most of You guys can relate to the above …right !

When You are struggling with Your trading,

do You even seek HELP

from people You met in real world ?

I certainly don’t think so…

Most would feel ” Embarrassed ” to admit that…..that’s why

But because they DON”T know me as a friend

and we are communicating ONLY through ” emails ”

hence they are very Willing & Comfortable to

” Pour their REAL problems OUT “…

to let me listen to…

…because after reading my Trading Blog & strategies….

( with MINE real earnings’ proof included !  )

…..it is obvious that I am ABLE to offer ” real advice to help ”

with their problems…

that’s obvious…

Being able to learn from the ” common mistakes ”

from over 3000+ different traders

….it has literally enables me to ” Progress very very rapidly ” ….

…particularly from 2012 onwards

…which was when I start to formulate my

SURE-WIN kind of strategies

and actually ” Succeeded ” !

How did it ?

I am basically ” leveraging ” on the MISTAKES that majority

would SURELY COMMIT again….& again

….& I will take the OPPOSITE SIDE from them… !

Another really POWERFUL Aspect is this :

By knowing the ” common mistakes ”

from over 3000+ different traders

it also enables me to rely on ” Empathy ”

to decide on a certain buy or sell…..

….I am able to ” THINK & SEE……

like how the MAJORITY of the LOSING traders out there……

would THINK & SEE “…

and from there ….

I am able to ” exploit ” on their Weaknesses …..

HERD’s Mentalities…..Common Mistakes

in order to help me ” Win ” on the OPPOSITE SIDE !

Like I said…..this is  Brutal….Selfish…..ZERO-SUM GAME !

Only ONE out of 10 would actually WIN in the long run…..

I have been keeping many ” trading journals ” since my newbie days

( 10 years + by now )

In these Trading journals, I have recorded ALOT of ” common mistakes ”

that caused MOST to FAIL in this game  ( including myself… too back then )

I am willing to share with You ( Ken )….& others in my list

but there are just ” too much data & observations ” being RECORDED in my trading journals

hence I NEED time to extract them out

so that You guys can understand ” one problem at a time “..

If You are still struggling after 2 or 3 years in this trading game

….You want to seriously FOLLOW every EMAIL revealing on the ” common mistakes ”

because I am VERY SURE that You are still STRUGGLING even after 2 to 3 Years

that’s because :

” You are Committing most of these COMMON MISTAKES…..without You realizing at all !

That’s why You are basically going in Circles…..all these years….! ”

I will try to send out ONE email ….a few days apart

as I NEED time to write them in an ” easy to read manner  “…

Well not to mention that => ….I am ” a lazy person “….as I already admitted before !

* lol *

Alright, so much for this email

Thank You

—————————– —————————— ——————————

Risk Disclosure Statement & Earnings Disclaimer

The contents of this page are for informational purposes only. No part of
this publication is a solicitation
or an offer to buy or sell any financial market. Examples are provided for illustration purposes only and should not be constructed as investment advice or strategy. All trade examples are hypothetical. No representation is made that any account or trader will or likely to achieve profits or loses similar to those discussed in this page. The information found in this page is not intended for distribution to, or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to the law or regulation of which would subject us to any registration requirement within such jurisdiction or country. All the story, pictures, earnings, name used in this website might not be accurate. Do read at your own risk.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, IMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAYBE HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINGSIGHT. NO REPRESENTAION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

FREE Forex Tips For YOU ?

Sign Up For Our FREE

Special Report & Newsletters

( Worth Usd $67 ) Here On :  Strategies YOU CAN Use To

Profit 200 - 500 Pips Each Week Consistently...

 

 

Simply fill in Your Name & Email on the form below to subscribe

and download instantly !

 

Name:
Email:

( Note: Your Details Would Be Kept Confidential! )

About Us  |   Contact Us    |   Disclaimer

Copyright © 2009-2015 ForexTradingEmpire.Com :: All Rights Reserved
( No Material Can Be Reproduced From This Site.
Your Privacy Is Safe With Us.)