- What is forex. Part 3
- What is forex. Part 2
- What is forex. Part 1.
- Do you need experience to operate the PHD Method
- The PHD Method average stoploss
- How much of my account is at risk at any time
- What is the aim of the PHD Method
- Is the PHD Method Set & Forget
- Can I set alerts or do I need to screen watch
- Do i need a checklist.
- What has been the success rates of your students
- Where are your students based
What has been the success rates of your students
- Date added:
- Saturday, 29 January 2011
- Last revised:
- Wednesday, 25 May 2011
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Answer
The success rate of students that receive my 1:1 tuition is well over 70%, now you will be thinking that 30% fail so let me elaborate. First of all the success rate of those who attempt to learn how to trade for themselves is only 5% so I'm whooping that for starters, yes 95% of people who go it alone fail. So why do 30% who see me still fail ? Probably the biggest reason is lack of discipline, you either have it or you develop it, don't bother or make an effort to be disciplined and then you will fail without question.
On top of that I've had students that within a couple of weeks have sent me trading screenshots and I don't recognise the set-up and it's my method, things have changed, indicators have been added or removed and then it is not the PHD , which incidentally does not need to be played around with. Another reason is pure stupidity, in the interests of honesty and telling it as it is then yes some of my clients are rather silly, they go off in search of riches way too quickly, skip rules, attempt way too much, use ridiculous money management and then blame me when they fail lol.
You will succeed if you do as you're told and trained it's as simple as that, trading is not that hard, it's the mentality, common sense and the discipline that is the most difficult. I teach you a fantastic method built to last and I'll instruct you on coping with losses and decision making,
I'll tell you how to protect your stoploss so that price has to work extremely hard to take you out, I'll show you how to measure an achievable target so you don't risk more than your potential reward, I'll show you which indicators you can eventually remove allowing you to get in sooner and stay on longer {only if you want to get that good at this method that you feel comfortable in doing so, you most certainly don't have to remove anything if you don't want to}I'll tell you the reasons why we do what we do with the PHD method but I cannot force you to put in the required effort and discipline, you either will, you won't or you can't.
REMEMBER TO CHECK OUT THE BLOG, ACCESSED FROM THE TOP RIGHT HAND CORNER OF ANY PAGE ON THE SITE, FOR LOTS MORE PHD METHOD INFORMATION AND TIPS.
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Mar 31, 2011
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