ABOUT GREG SECKER

• Greg has been a veteran currency trader for 20 years.

• He has trained and supported people just like yourself all over the world.

• He began as an IT guy on a trading floor and was given the opportunity to program trading strategies into software.

EMOTIONAL MASTERY

• Emotional mastery is the ability to control your response to any stimulus.

• Understanding which triggers cause a stressful state and having the ability to control it.

• A good trader is not necessarily the one that wins the most money. A good trader is one that can make a plan and stick to it.

• Manage your reactive mind.

• Deviance from your trading plan is what causes the loss.

MANAGING THE REACTIVE MIND

• Master the ability to control your response to any stimulus.

• The ups and downs of the markets can cause stress to the trader. Once you have identified your psychological state, you will then be able to control it.

• Interrupt an unhelpful pattern.

• The only challenge you have to overcome is yourself.

• When it comes to trading, get hold of your emotional state of mind at the beginning of your trading career - take assertive action from the outset.

OBSERVATION & REALISATION

• All change occurs at the point of observation and realisation. By filmingyourself while trading you can be gin to understand when you begin totrigger a bad emotional state.

• Interrogate your behaviour and understand the triggers and what leadsyou to have a reactive mind.

• If the market moves and you begin to lose money - A trader may adjusttheir trading plan to make themselves feel better. The brain releasesendorphins which causes the trader to alter the trading plan so they can’tbe wrong, but this will cause more loss.

THE INTERRUPT

Interrupt your automatic pattern that normally kicks in.

This can be monitoring your breathing, going for a walk, doing yoga, anything that interrupts the

automatic pattern.

‘ THE GREATEST ANSWERS TO LIFE ARENORMALLY IN THE QUESTIONS ’

• If the market moves against you in an unexpected pattern, ask yourself;

- What else is going on here?- What am I not aware of?- What could this mean?

• Asking yourself questions like this, can lead the mind elsewhere rather thanover-thinking what you could have done differently in the first place.Recognise the pattern.

ANCHORING AND TRIGGERING

• Control the negative emotional state that we can go into. This can oftenbe the difference between success and failure.

• Anchor yourself and trigger yourself quickly into a state of confidence.

• Illicit the key recipe that makes up your individual formula for confidence.For example, remember a state when you were proudest of yourself.

• At this moment of association, you create the anchor.

• Olfactory sense is the strongest sense the human body has. It evokes theimmediate emotional and unconscious mind instantly rather than havingto go through a recall process which can take longer. This should createa feeling of elation.

ANCHORING & TRIGGERINGCONTINUED

• People who get into an involuntary pattern of letting emotion control thequality and the direction of their life, are people who end up with very little.

• Trading has a lot to do with being able to control the emotional state.

• The only people who fail are the ones who stop completely and give up!

YOU MUST GET INTOA STATE OF MIND WHERE

CONSTANT RISKIS NORMALITY

MARGIN CALLS

• Understand the leverage of the positions you’re taking on. If you don’tknow, the best thing to do is call your broker to find out what leverageterms you’re under.

• You shouldn’t have more than a certain amount of trades open at anyone time. If you have too many trades going at one given time and youraccount goes into negative equity, then it will cause the trade to beclosed down at a loss.

• The inability to risk manage your trading effectively and most importantlybeing under capitalised.

MARGIN CALLSCONTINUED

• If you place a trade, the volatility of the market may cause your accountto go into negative equity before it reaches a sell point which is when youwill get margin call.

• Having a clear understanding of how much capital you have in youraccount along with the margin is the first lesson a trader should learn.

CONFIDENCE IN TRAINING

• Master the mind.

• Step one is to create an anchor and a trigger.

• Step two is to surround yourself with like-minded individuals.

• Spend time with people who are comfortable in their trading journey. Youneed to get into the mind-set that taking a loss is not a big deal as therewill be more times ahead where you will take profit.

THE ADVENT OF THEFOREX ENTREPRENEUR

• Getting you to a place of successful low risk and a high profit trading performance.

• Demonstrate trade consistency which could lead you taking on your own clients and trading on their behalf, this sets the professional trader apart from the casual trader.

• Once you have accomplished successful trading, you can think about taking on clients of your own.

• CEO - Dan Beckerleg

• www.fx-capital.co.uk

• FX Capital will trade on your behalf.

• Compared to where the hedge fund index finished last year we are nearlyup by 20%!

• We take the same strategies we teach you and implement them into amanaged account reading system.

BECOMING A SELF-DIRECTED TRADER

• First you have to demonstrate that you can trade your capitalsuccessfully! This is the very first step you have to take if you want toeventually solicit other people’s money.

• The best way to begin your journey is to trade money from your family witha limited power of attorney.

• We have technology built into SmartCharts which gives you a book ofrecord which shows your trading history in an easy-to-read format. You cantake this to potential clients and show them how well you’ve done!

• When you have clients on-board you can open a parent account andcreate sub accounts to set yourself up as a ‘mini hedge fund trader.’

AFTER YOU HAVE DONETHIS YOU WILL RECEIVETWO VERY IMPORTANT

INCOMES

1 PERFORMANCE FEE

Depending on how much you create for the individual, you will take a percentage of what you make for them. You can negotiate what percentage suits you and the

client but most people go for around 20%.

2 MANAGEMENT FEE

As you now have a professional status you will need a license.

Australia: Australian Financial Services License / RG146

UK: Appointed Representative Status under the Financial Conduct Authority

2 MANAGEMENT FEECONTINUED

• Once you have this status, it gives you the right to receive rebates orcommission kickbacks.

• If you’re set up in the managed account system for every trade you’re apart of, you can receive around 40% – 50% of the split of the commission.

When you have followed all these steps you will have a solid amount ofincome which has nothing to do with your trading performance. This is justa nice bit of extra money on top of your trading.

If you are demonstrating consistent performance, you can be part of the Professional Trader Partnership (PTP) scheme! We partner with you and help you get to a professional trader status using professional risk management and help you demonstrate and prove your performance. On top of this, we will help and guide you when you take on accounts to trade on behalf of. We will also make sure that you receive the licensing and all that is needed to make sure you can receive the correct commission from your trading!

This scheme is the most successful to date as we can help the people who didn’t have the courage to take on the professional trader status.

For more information, visit the website at: www.professionaltraderpartnership.com

Q&A