Interview with Javier Paz. Interview with John Bollinger. Interview with Jason Stapleton. Interview with Jarrat Davis. Interview with Tim Rea. For advertising, contact document. Jason Stapleton explains to FX Trader Magazine the reasons why he decided to participate in a trading challenge: To become a successful trader, he says, you should follow the advice of a successful trader and treat your trading as a business. His number one advice stapleton a coach is to stay away from chat rooms, web forums and social networks, to make sure his traders focus on a new way of thinking, of looking at forex market and at themselves. Can you tell us about your story? How did you get interested in trading? How long have you been trading for? What is your experience in trading? I started out managing my own investments. I started to put some money stapleton, I was beginning to build up a nest egg and I wanted to manage that myself. I had the belief that nobody cared more about my money than me and I did not want to give it to somebody to put it into mutual funds. I wanted to be able to do the research myself. And I started out trading some options. I ended up losing quite a lot of money trading options. But I had the belief that I could figure out how to do it. But the market was running on the short side, so I decided to have a look at futures. So I rolled from options, to stocks, to futures and had very little success. One has to get hold of the psychology of the market and their own personal psychology in order to be effective. Richard Dennis said it the best, he said: You recently finished 4th at the Varengold Trading Challenge. First, why did you decide to participate? Because of my business, I get hit with a lot of people who are asking me for things like: And if I provide the records, they say: They track the results. So I stepped in and I traded for 3 months. I used a longer term swing trading system, that I developed. And this is what I do now. I get about 10 to 15 trades a month. Should that be expected by traders who are coming in? I was trading aggressively. And we want to shoot for consistent profitability. You said you started with options then stocks and futures, and that after many trials and errors, you finally found the right discipline and psychology. How did you reach that step? How did you find your niche and trading style? Is it only a matter of experience? And I listened to every single thing that he told me to do. And we try to eliminate as much subjectivity out of our trading as possible. Once I got on the path, it took some time, it took months and months of trial and error, continuing to trade and continuing to lose money, before I finally got things thought out. But I do know how to trade now. And it came through a long process of self reflection and study, along with the help of someone that I knew was successful. In your opinion, what is the difference between a winning trader and a losing trader? Winning traders treat their trading like a business. Those are price points that people used to go gamble with, on a week-end or when taking a trip to Vegas. So trading for a lot of people is nothing more than gambling. Winning traders have a plan. They treat their trading like a business and they are extremely disciplined in what they do. They have taken the time and the effort to develop a plan that they know is effective and every single day they focus on nothing more than trading that plan. It is not a game. You mentioned that, forex you started, even though you were not successful, somehow you had the belief that you could become a successful trader. How do you explain that conviction? Is this typical of successful traders? So this is not an issue of me not being smart enough to understand what I need to do, this is me not understanding what I need to do and not understanding how I need to go about doing that. And I found out that it had nothing to do with the systems that I was using or the trading plans that I had already written out. Ultimately I could have had a million dollar strategy put together and I would have blown that strategy up! But I knew that I loved trading. I absolutely love it! I have john real passion for it. And I had a core belief that, if I had such a passion for it, there had to be a way for me to be successful at it. So I made a decision to be successful. What you see in the Varengold Trader Challenge and in what I do now, in the trading and teaching, is a reflection of the years of hard work that it took me to get from point to point. And my goal now of course is just to cut down on the amount of time that it takes for traders to get from point A to point B. For those who want to be successful, I want to make that transition as quickly as possible. Did you create the company? Can you tell us about this project and your role in it? I was trading full time from home and I was getting lonely. So I put together a little and cheap website - I think we spent 2. And that has grown and developed into the business that you now see. I think people see in our company something different from what they see in other places and especially in the Foreign Exchange world. Because john is so unregulated. There are a lot of swindlers out there that are looking to take your money and nothing more. But I have a vested interest in seeing my clients be successful. The course is very expensive compared to what else is out there on the market. So in return I have to give a lot of information, a lot of counseling and a lot of work. I worked with a wide variety of traders, so the course in itself has been widely successful, just in the amount of people and the response we are getting from the program. How much time do you think a trader should spend on training everyday? And does training really make a difference in terms of trading performance? We know scientifically that forex order to break habits and reinstall new habits, it is a 60 to 90 day process. Being part of the live trading room and of the private client group that I have is extremely beneficial to them because it helps reinforce what I teach in the program. We have to continue to reinforce these core beliefs so that we can change our perception of the markets and our perception of what success is. What do you think comes first: And that falls completely on psychology. Once you learn john skills, once you understand how to write your trading plan, how to trade stapleton trading system, then all you have to do is focus on trading the system. I understand that there is a lot of debate on that. It has to do with your psychology, your ability to be disciplined in the market. As a trainer, what is the most important advice or the one you give more often to your students? First thing I tell them is to stay away from the chat rooms and the web forums. They started springing up as a way for traders to come together and learn from each other and now you see social networking groups for currency traders, and I get emails everyday from people inviting me to join their social networking group or find a way to collaborate so that I can share my knowledge and experience with other traders. I think it is a terrible place for new traders and those who want to learn to be successful to be. The information that you get will come from me, from our program, or from other legitimate sources. And I provide them with these legitimate sources. Because I want them focused on a new way of thinking, a new way of looking at the market and at themselves. Many traders dream to become professional traders in a short period of time. When do you think a trader is ready for this important step? It has to do ultimately with money. Are you a doctor making I have several systems to cater to individual traders. Then we have a longer term, like day trader positions system, for those people who work full time jobs, and of course I have the system which I used in the Varengold Challenge that I show traders and that I offer them as a course of study. But it requires a very high level of technical analysis and knowledge as it uses a lot of Fibonacci and ratio patterns in order to determine price action. Why do you trade Forex and forex can you tell us about this market? What are the advantages and disadvantages of trading currencies? I can tell you why I trade forex. How their economies are going to be affecting currency prices. Some of the benefits of trading foreign exchange is that it is an unregulated market. You can trade micro lots and mini lots, which means that if you only have 5. So in the forex market, more people can participate. But do you use your fondamental knowledge and information in your trading or do you have a purely technical approach? So what we do is that we eliminate all that subjectivity and we focus exclusively on technical analysis. Systems can be automated and we are working on automating a couple of ours, but again it comes back to this issue of psychology. What happens if you start using a fully automated trading system and you run into a drawdown? What happens when that system generates 3 or 4 losses in a row? What typically happens is that the trader comes in and starts cutting trades short, stopping the automated trader just before it runs back into 2 or 3 winners that would have made up for all the losses. Whether you are using an automated trading system or your own trading plan, you have to be disciplined about it. So why are you selling it for Would you like to give any other important piece of advice to our readers? Continue to learn and grow. Spend some time working on traders psychology. One of the best things that you can do as a trader is to emulate those who have already been successful. Forex Trading Strategies Forex Trading Psychology Learn to Trade Forex Forex Trading Systems Forex Online Trading Forex Technical Analysis Forex Fundamental Analysis Successful Forex Traders Forex Ebooks Forex Trading Education. Free Desktop edition PDF downloads Mobile editions Testimonials. 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JS Because of my business, I get hit with a lot of people who are asking me for things like: FXTM You said you started with options then stocks and futures, and that after many trials and errors, you finally found the right discipline john psychology. FXTM In your opinion, what is the difference between a winning trader and a losing trader? JS Winning traders treat their trading like a business. JS I was trading full time from home and I was getting lonely. FXTM What about results? FXTM How much time do you think a trader should spend on training everyday? JS We know scientifically that in order to break habits and reinstall new habits, it is a 60 to 90 day process. FXTM What do you think comes first: FXTM As a trainer, what is the most important advice or the one you give more often to your students? JS First thing I tell them is to stay away from the chat rooms and the web forums. FXTM Many traders dream to become professional traders in a short period of time. JS It has to do ultimately with money. FXTM What kind of system stapleton you teach in your course? JS I have several systems to cater to individual traders. FXTM Why do you trade Forex and what can you tell us about this market? JS I can tell you why I trade forex. FXTM But do you use your fondamental knowledge and information in your trading or do you have a purely technical approach? FXTM What do you think about fully automatic algorithmic trading? FXTM Would you like to give any other important piece of advice to our readers?
Whereas the first epistle explores the inherently complex relationship man has with his material existence, the second describes the relationship that man has with his own desires, mental faculties, and spiritual aspirations.
Whereas the first epistle explores the inherently complex relationship man has with his material existence, the second describes the relationship that man has with his own desires, mental faculties, and spiritual aspirations.
I vow to acknowledge my fear as part of being human, but I will not allow it to control me.
Three physical features found in Latin America are the Andes Mountains, the Amazon River and the Yucatan Peninsula.
When I do not understand something I ask for it to be clarified, but usually those things are few.