Way of the Trader – One Week, One Shot

Great lessons are always learnt from nature. Nature still remains the biggest and the best teacher of mankind. But, are there any lessons that traders can learn from nature? The answer is a big YES!

Legend has it that once when a monk was taking stroll in the woods, he saw a crane and a snake engaged in a fierce fight. Both of them had different fighting strategies. While the snake kept on attacking, attempting to bite one after the other; the crane remained patient, waited for the right opportunity, and struck the head of the snake using its beaks. Though the attacks of the crane were very few in number, every strike landed exactly on the snake’s head and soon the snake lost the fight and its life.

Why did the crane win? Why did the snake lose?

Well, by making repeated unplanned and unsuccessful attacks, the snake lost its energy while crane wisely preserved all its energy and attacked the most important part of the snake with precision when it got the right opportunity.

This is exactly what traders in share and forex market should do! Success in trading is not determined by the volume of trade that you do, but by its quality. You don’t need to do hundreds of trade a week to make gains from the market. Instead, one good trade a week is only what is needed.

Yes! – ONE WEEK, ONE SHOT – that’s the way of the master trader!

So now comes the most important question –

How to make that ONE POWERFUL TRADE EVERY WEEK?

You can do this by emulating the same strategies that the crane employed in its fight against the snake.

• Preserve Your Resources: First of all, the crane had enough power within it to attack the snake; it preserved its power by not engaging in unnecessary attempts. Similarly, this minimalistic trading strategy works best when you have solid resources with you. Your resources are your money, time, and energy. Do not waste them by over-trading. With a good set of resources, one good trade will bring you huge profits.

• Mind Your Mind: Next, you should be emotionally disciplined like the crane. The crane did not lose its cool seeing the repeated attacks of the snake. It kept itself calm and composed. It waited patiently for the right opportunity. Similarly, your mind should also not fluctuate seeing the happenings in the market. You should wait patiently and observe the market with great focus to identify the right opportunity to enter and place the trade. To make the right decision, you may use the trading plans and check lists that Mithun has prepared for you.

• Plan Your Act: Another key factor for the crane’s success was that it had a well-thought out plan for attack. The crane was very clear in its mind that it is going to attack the most vital part of the snake – the head. Similarly, you should also have clarity regarding the plan that you are going to adopt for your minimalistic trading. Mithun’s Master Mentoring Program teaches you many workable strategies which you can learn with ease. You may use any of those and chart out a plan for your trade.

• Act Your Plan: Having a great strategy alone will not bring you results. Equally important is how you execute the plan. The crane won because none of its strikes missed the target. Likewise, you should also execute your plan with surgical precision. This requires professional execution skills. This is exactly the reason why Mithun’s share/forex trading training program comes with an additional two-month mentoring support wherein the participants perfect their execution skills with the help of experts. If you are not a professionally trained trader, you would do better if you undergo any such training.

Now let us look into some examples of such trading using the crane strategy.

Example #1

Shown below is the screenshot of Australian Dollar. I gave clear tips on what is to be expected in the coming days.

As expected, the price went up from this level. It moved a whooping 1800 points! Those who paid heed to my advice benefitted big time from this movement.

Example #2

Here is another example of Swiss Franc. This happened last Friday. As always, I gave advice on what to expect and how to move about in the coming days.

And the price moved as expected. Once again, those who gave ear to my advice stood to gain big time. Shown below is the performance of one such trader who gained from this strategy. The trader made a handsome gain of INR 2,00,000 with just one trade. This is the power of the crane strategy – just one single shot at the right time!

If all the steps discussed above are taken correctly, results are bound to occur. With this minimalistic trading strategy, you will be placing only 52 trades a year, but that will be bringing you more profits than several unfocussed and unplanned attempts.

A thorough knowledge of these strategies and perfectly honed execution skills are the key to success here.

• Those who wish to learn how I use these strategies can enrol for my training programs where I teach several such strategies that are unique and that actually work in the market.

• I am also getting lot of requests from those who attended my programs for a refresher course. I welcome all of them for the specially designed refresher course where you can revisit all these strategies, keep abreast of the latest trends, and hone your execution skills. Remember, there is no substitute to practice!Share on social media Share on FacebookShare on TwitterShare on Linkedin

Mithun’s Success Story

A journey through the ups and downs of a successful trader

Here’s the story of an ordinary man who achieved great success in the share/forex market. Mithun was not born with a silver spoon in his mouth, but to an orthodox family and had a very modest upbringing. He had nothing exciting or extraordinary in his life to claim about.

But today, Mithun is a trading hero. He is a perfect example of how to become financially successful in life without investing lots of money.

How did Mithun become successful at trading? What helped him to surge ahead in this field? If you are curious to know about all these, then read on – you are about to know realistic story of how a common man – like our next door neighbor – got to the elite trading class through his own perseverence and attitude.

Phase I – The Beginning

Since his early childhood, Mithun was someone who believed in his own abilities. In fact, he believes that anybody can achieve anything if given proper time and effort. So, taking inspiration from his mother, he decided to go ahead in the field of stock/forex trading.

Mithun might not have had a million when he decided to trade high, but what what he had was a perfect game plan. He took his time and decided to prepare thoroughly. He attended trainings in different parts of the world. But he knew that that was not enough. So he undertook a daunting task of analyzing the thinking pattern and trading style of successful traders around the world. This careful analysis helped him to conclude crucial factors that lead to his success at forex/stock market. We may call this the first phase of Mithun’s journey to becoming a successful trader.

Phase II – Self-Mentoring

Having identified these attributes, he then started the painstaking journey of building those attributes in himself. He changed his trading style, developed a trading philosophy of his own, and started following it and perfecting it. This slowly started showing results. These results encouraged him. He developed new strategies for trading in different markets. Soon, outstanding results began to show up. Mithun says there was no looking back from that point onwards. Within a reasonable time, he achieved the numbers that he had set as standard for defining his financial success.

Phase III – Mentoring Others

However, Mithun was not contented with that. To quote him, “No success is real success unless you make changes in the lives of other people.” So he started thinking “How can I help others to make money like I do?” This led him to think about sharing his knowledge and skill with budding traders and those having a passion for trading but did not know what to do. He first started by giving tips to fellow traders and encouraging his friends to step into the world of stock trading. This attempt benefitted many people.

However, there was one major drawback for this. Mithun found that his fellow traders are heavily dependent on him and his tips for good performance. Moreover, these individual accounts were small and their expectations high. Giving personal attention to each of these individuals was an exhaustive task and drained him of his time and energy.

For a moment, he thought his decision to help others was not a good one and that it has backfired! But then he realized an important thing – to quote him, “I realized that I was simply giving them fish instead of teaching them how to fish!” So he decided to change his strategy. He adopted a two-pronged approach:
• Mentor individuals to become expert traders who can trade on their own
This thought gave birth to what you see today as Mithun’s Master Mentoring Program.

• Use time and effort for managing corporate funds instead of individual funds
This thought helped him to progress further in his career.

Phase IV – Proprietary Trading

Mithun started managing corporate funds with good results. However, he wanted to challenge himself and achieve more. So he set a goal for 2016 and built a fool-proof strategy to achieve that. As a result, in 2016, Mithun showcased a stunning performance that helped him achieve his goal in 6 months! You may go through Mithun’s performance statistics for year 2016 given below:

This performance took him to the global level. Mithun became a trader that other global traders started looking up to and following. Seeing his consistent awesome performance, he was invited to Dubai by a reputed fund managing company to work as their propreitary trader! This really was a recognition for his skills and knowledge in the industry as a successful trader.

His experience as a proprietary trader gave him unique wisdom on forex trading. On identifying this, he wasted no time to include this in his Master Mentoring Program. This totally changed the results that his trainees got. They started showing consistent gains with minimal risks. Over the past two years, the results have only grown better and better – and now his training has reached a level where he has started producing traders who even doubled their investment in just 2 weeks!! You can see the performance of one such trader below:

So how does Mithun achieve such success? Let’s hear it from his own face.

“Well, there are no short-cuts to success. One has to learn different risk management, money management, and self-management in order to achieve success.”

He continued…. “I attribute my success to three main factors:
• The mentoring that I received – I was lucky to get trained by my mentors who had global exposure
• The systematic step-by-step method that I developed for risk minimization – I still follow that
• The higher level of emotional discipline that I maintain”

And he is teaching exact same things that he followed in his life to become a successful trader. He does not preach what he has not practiced. To quote him again, “If it worked for me, then it should work for others as well.”