And so, the story of our hero drew to a close. Having found that it was him he was searching for this entire time, his mortal coil began to vibrate intensely, shaking violently, unable to handle the pure, unadulterated Self the man was emitting…
In india forex trading is a gray area, you’re not techinically allowed to do it.
so if I use my own account I could be in serious trouble with the law.
if I’m trading a funded account, the money is from overseas so it’s 100% allowed.
also i don’t want to borrrow money from friends/family. That would put too much psychological stress in an already stressful world of trading. not a good idea at all! I’d rather use a funded programs. There’s ZERO risk to me (other than my time and effort). And I get 70% of the profits, so that works.
Borrowing from friends/family can put a lot of strain on the relationships should things go south (in trading ANYTHING can happen).
Furthermore you can get up to $400k per funded program (and there are several out there so you have access to over $1million or more if you pass them one by one), so not many family/friends can front that amount.
There’s no need nor merit in asking friends/family when such avenues are available to you.
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I would actually say to jump right into Emperor, HoM or StarkQ right away. You seem very driven, so you might not need too much foundational work. Your issue seems to be more of being drawn to hedonism – something I know very well because I had a few years that were just out of control, but I was very driven. What helped me was moving to an area without an active nightlife or even a lot of people to date, haha. Forced me to stay focused. But, this was pre-subs. Now I’d just run Emperor + Limitless Executive. 
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I’d stick with working toward the funded account also. Spend someone else’s money while you’re learning and practicing. Put your own money at risk once you get good. It sounds harsh, but these people who run the funded accounts already know what the game is, so it’s cool.
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How much money do you need right now to start the funded account?
Great, I checked out the other wisdom on the forum. It looks like, to make trading work, I just need a bit of fixing. Other issues might require more. The basic problems like not believing myself on a trade, lack of motivation, etc. I think limitless executive can handle.
Now to learn trading, I want to know is limitless or quantum limitless better or should I get HoM? My strategy to learn is mostly about looking at the raw data and making my own theories about it, rather than marking out trendlines and patterns as most like to do.
I also want to develop a level of coldness, or emotional regulation, to sound less edgy. As trades sometimes go against what I want and then the direction where I expect.
Concepts about markets are also important, but there is lots of useless info all over the internet. Hence I wish some of that manifestation tech to guide me to best possible info I can get.
Now this is just a wild experimental idea, I wish to try learning markets while running Renascence Man as it is geared towards skills, but I speculate, I could use it to literally “feel” what the charts are saying, as I can a living speaking human, as bizzare as it sounds.
Any feedbacks?
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To learn? Depends. How do you feel about your cognition? Do you think it needs to be enhanced, or just improved? If you think you’re smart enough to learn it now, just need to make it a bit easier, or improve your productivity, you can use HoM + Beyond Limitless (or Limitless Executive). If you plan on treating trading on an academic level (meaning, you want to know EVERYTHING about it so you can potentially teach it later on), then you might wanna do Limitless or QL before heading into HoM.
As for the emotional coldness, etc. – Emperor is awesome for that. So, you might wanna consider Emperor + Limitless (or Beyond Limitless).
This is interesting, and I can see how Renaissance Man could help you become an amazing trader. You could do Emperor + Renaissance Man + Beyond Limitless. Just follow the multi-title stacking guide.
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I think I just need a boost in my pattern recognition. I like to trade on turning points of markets. So to actually do that, I need to recognise where the market would turn around. It’d make my life so much easier. So, I’d like something which can greatly improve my pattern recognition or say, ability to make sense of random data.
Well, that’s in Beyond Limitless Ultima, but the best solution for this is still Limitless or Quantum Limitless. Just much more of an investment. With Emperor + BLU, you could practice and listen. Limitless and QL will take some time to “settle in.”
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I’ll actually get HoM, Limitless Executive, Beyond Limitless, Emperor, Quantum Limitless and RM. In a span of 6 months to an year so that I can give a fair test all the various combinations and stick to one which performs the best. Starting from Emperor + BLU and proceeding further with time.
Thanks for your input!
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yes I agree @SaintSovereign
working on my consistency and then will take the funded challenge to get access to their funds.
hey @friday the costs depends on the funded account size you’re going for.
here’s a pic that shows the breakdowns for one such program:
To summarize the Rules for the Funded Programs (most are similar with minor differences):
Regardless of the account size, to PASS you need to:
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Pass the CHALLENGE Stage
( make 10% on the account in 1 month, with no more than 5% daily drawdown and not more than -10% loss on the account in a month) -
Pass the VERIFICATION Stage
( make 5% on the account in 1 month, with no more than 2.5% daily drawdown and not more than -5% loss on the account in a month) -
If you PASS BOTH Stages with no rules violation, then you get a funded account. Then you receive 70% of the profits you make at the end of the month, and the company keeps 30%).
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If you FAIL but you manage to make a small profit without violating the other rules, you get a complimentary second try.
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If you FAIL and violate a rule, then there is no second try, and if you want to do it again, you will incur the same fee for doing the test.
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Every quarter, if you’re making profits, after a review the company will increase your total account balance by +25%
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Each individual can have up to a total of US$400,000 in capital from this program. (you need to pass the 2 stages again to obtain the capital)
Ideally I would like to go for a $100k account, but I would like to have enough funds to pay for 2 tries. (It’s also a psychological thing as you then don’t feel the weight of the world on your shoulders, which can mess up your emotions whilst trading).
So currently I’m looking at the $25k account (the fee is US$300 (250Euros))
Eventually when I have a $100k account, even 10% a month is a decent income ($7k for me after the profit share).
Hope this makes sense and you can now understand the specifics and what I’m gunning for 
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Hi @Zex hope you’re well.
I can totally relate to what you’re facing in your trading as I’ve been there (and still working on it).
2 things I would say that helped me:
- Having a 1:5 RR (Risk : Reward meaning you risk x% to make 5x%). If you do this, then your win rate only needs to be 20% and you’re still profitable!).
E.g. If you’re risking $1000 per trade, and you take 10 trades, lets say you lost 8 and only win 2.
8 Losers $1000 Risk = - $8000 Loss
2 Winners $1000 Risk = +$10,000 Profit (as you are making 5x your risk 1:5)
This helped me a lot as its frustrating when trades don’t go your way, but if you keep this in the back of your mind you won’t be so fixated on winning each trade, but look at all your trades as a kinda portfolio and at the end of the day you can still make profits. (If you’re losing 10/10 trades then your strategy/execution is flawed).
- Stick to ONE trading method. I fell prey to the shiny object syndrome and over the years learnt every and any strategy I could get my hands on. In trading less is more. Master 1 strategy and keep at it, and you can succeed.
On a separate note, it sounds like you prefer to trade in short bursts. So ensure your strategy allows for it. Eg. you could do your analysis on the higher timeframes and then just wait for your execution on lower timeframes. So effectively you could take 1 or 2 trades (during London or New York open) and be done with trading within an hour, and achieve your 5R profit etc.
I know a lot of this you probably already figured out, but I thought I’d share it incase it adds any value to you.
All the best in your trading brother 
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