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We spoke with Tuyen about his trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.
Click here for more Inspirations lessons and interviews from our professionally funded traders.
I’m Tuyen. I want to be a lamp which can shine myself.
I have been trading for Around 8 years. I am a part-time trader.
Same as everyone else, I have failed in trading for a long time; for me, It was around 4 years.
Changing point:
I visualize the success in trading are about:
70% – Self control: How to deal with your own emotion?
20% – Risk Management: Make and refresh the plan for every week or 2 weeks and Set SL and TP for every order.
10% – Trading Strategy: I don’t use any indicators, only using trend line, supply-demand, price action, and feeling.
One of the biggest challenges was: I wanted to overnight success.
To change that, it took a few years to find out the secret, which I will share with you right now right here. That everyone can apply.
Get ready. 2 points:
– Firstly, It’s about making your own financial statement.
I spend only less than 20% of my total assets on Forex and other high-risk investment items.
Which helps me feel comfortable even if I don’t win in trading.
– Secondly, Setting a target of total income yearly and monthly and look at it every time I can.
Especially when trading is in a Loss period of time, then that kind of activity will help me to feel relaxed. No need to be rush.
I will always spend less than 20% of my total assets for Forex.
Thank you, The5ers, for cooperating with you; it’s even actually less than 1%. How great it is.
When I started to learn self-happiness and NLP, my trading career changed to be great.
The key is inside. Look at the inside. What I think about the market is just what I think, not the fact.
So, in stead of spending time to predict the future. I will spend more time watching inside of me.
Observation skills. I usually step out of myself and watch back myself. I see a man with a computer, looking at the market, and guess how funny it is.
This means that what I predict about the market is not true. So I can only predict my action after Win or Lose.
In order to improve my observation skills, I spend around 30-60 minutes a day for Meditation, around 04:30 in the morning time.
Trade to survive was the Key. I tried to stay with the market as long as I could. Because I think it’s always having chances, it’s just about whether I am still there or not
It’s about how much money I have to put into trading.
It’s a huge difference.
If personal money: In my case, I can not afford a 100k account with my condition of less than 20% of my total net asset.
But with The5ers, it works, thank you.
Let’s register immediately.
Learning about Self-Happiness and NLP
My slogan in trading:
– Trading is a great tool to watch myself and enjoy my waves of many kinds of emotion.
– Today, I win; tomorrow, I can Lose. I accept that and will restart.
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