Tag Archives: 10XROI

Letter to blog follower number 7 (including a day in my life)

Peter

Thanks for having shown an interest in my blog. Up to a couple of weeks ago I only had 2 followers Matt LaCoco and Shonn Campbell who both have their own blogs, which I follow. Now counting yourself I have around 7. It’s either because Rob Booker retweeted me (he must have had a few too many glasses of wine) or because I made a comment on the 10XROI website last week.

A lot of the pages are a little outdated on my blog,as I’ve been immersed in various books and courses over the past few months and have let it slip. Some books I’ve read, I can’t even remember what they’re about.

I’m presently getting stuck into the 10XROI methods trying to figure them out myself, before I decide to take the course. Hopefully then I will hit the course running, armed with a list of questions, thoughts and ideas ready to fire off.
I’m also reading some of the articles on the nobrainertrades.com website after listening to Hugh Kimura’s podcast (at tradingheroes.com) last week with Steve W, the sites owner. Interesting stuff even if the info appears a little all over the place and I had trouble finding where to start. Like my blog Steve does it for no financial reasons, often a good reason to check something out.
Anyway it’s nice to get a bit of interest in my site and it gives me welcome motivation to keep pushing on.Thanks. Did you see my last post with that letter of inspiration from Dave?
Today I’ve just finished the Ari Kiev video on the 10XROI website and am now of to do 12 mins meditation, watching a subliminal fear and stress loss dvd whilst trying to clear my mind, then it will be 5 mins exercise, followed by a cup of tea and onto to the traders podcast.
Earlier I spent time setting up 8 different charts on Oanda, moving down from the monthly, weekly, daily 4hrly and finally 1hrly, putting in trendlines, S&R lines, channels etc. Having been away from the charts a while it did my brains in. Which is why I moved on to something else. One small step at a time.
Cheers and thanks again for your interest.
Simon
fxoutlier
PS hope you don’t mind me posting this letter up on my site together with a few screenshots I’ve taken today.
Well that was the letter, I’ve just had a email from jamesclear.com, his first of two twice weekly newsletters to read aswell,  and because I noticed Commander Wilson is on this weeks traders podcast I’m really looking forwards to that.
Here’s a screen shot of my charts I did earlier.
ScreenHunter_10 Feb. 10 15.53
I chose this bunch because I’m going to concentrate on the L R Thomas’s high ROI scalping system to start with, and so I need low spreads. See the Oanda spreads below.
ScreenHunter_09 Feb. 10 15.53
And here’s the nobrainer stuff I was reading.
ScreenHunter_11 Feb. 10 19.36
This is the subliminal dvd I am just going to use.
ScreenHunter_12 Feb. 10 19.39
And lastly to top the day off.
ScreenHunter_13 Feb. 10 19.40

A nice little inspiring comment on my blog.

ScreenHunter_01 Feb. 09 22.36

Check out my post on mindset I posted yesterday, scroll a bit further down if you haven’t done so already.

3 Years since I took my first course in forex trading.

Doesn’t time fly. Three years have gone since I was lured into forex, with the promise of riches through compounding gains. I remember starting my months trading course with Foretrainingworks.com thinking, I will crack it in six months and be turning pro in a year. I stayed with them for about one and half years until I decided I wanted to learn a different approach. Since then I’ve been reading plenty of books like the ones below.

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I’ve downloaded various pdf’s and courses like those in the following photo.

ScreenHunter_04 Feb. 04 14.33

I’ve now got into a bit of a bad habit of using 1 click on Amazon to buy forex ebooks like the ones in my kindle for pc forex folder. See below.

ScreenHunter_01 Feb. 04 14.00

ScreenHunter_03 Feb. 04 14.01

I have found a great little ebook free from Jamesclear.com that will go in my top 10 when I get around to updating my book reviews. I may use it to cure myself of my bad 1 click habit.

ScreenHunter_01 Feb. 04 17.20

There’s plenty more I’ve been into like Rob Wilson’s Edge trading course, Rob Bookers TFL365 and Traders Podcast, Steve Rising’s Thinslice Trading course, Michael Huddlestones Inner Circle Trader and Sniper courses, Chris Lori’s Pro Trader course. Each book or course if I like what it was about I made loads of notes like the ones I’m making at the moment on the ebooks I’ve recently read. Yet another picture below.

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This has eventually lead me full circle back to almost where I started, thanks to six short ebooks by L R Thomas that I’ve just read together with James Clear. Back to plain old support and resistance and trendline trading. Back to the channels and wedges, pullbacks, bounces, momentum trading and price action trading that I first learnt with Sid Wyeman’s  Forextradingworks. I’m moving into the process mindset rather than the profit mindset that has been plaguing me for years. I’m changing from the persistence attitude in sticking at trading to the persistence attitude in sticking and becoming proficient in one simple strategy. L R Thomas has got some Rob Wilson, Shonn Campbell, Robert Thornton, James Clear and Sid Wyeman in her books. Simple but great stuff.

Six books that really should be one. A basic introduction book. Three systems. A psychology book and a money management book. See the pic below.

ScreenHunter_01 Feb. 04 13.26

I’ve not fully decided how I’m going to trade but from now on there will be less reading and more of the doing. Less procrastintion and less over analysis. Let’s see what the future holds.

See you soon.

Fxoutlier