We have invited Alexei Morozov, Head of the Price Range Break Department within the Faculty of Flat Break; Automation; Auto-Trading.
The Holy Grail does not lie in your trading system. A TS is an effective tool for producing profits rather than a reason. The reason for generating profits, on the other hand, i.e. what helps us perform well in the forex for a long time, lies in our behavior, our trading and our trading style. Since our behavior is governed by our conscious mind, it means the Grail is in our head.
A.A. Morozov
ML. Good afternoon! It has been only a little while since we last spoke, and here we meet again. The occasion is your new project at the Price Range Break Department. Please, give more details as I believe all readers of our magazine will find it interesting.
AM. Hi there! I am happy to see you again. Indeed, the Price Range Break Department is implementing a new project - a special course in psychology. I decided to create such a training course as there is huge demand for a solution to psychological problems that traders face. Another reason is a few student traders asked me for help and there are great positive results of our joint effort in this direction. The course includes unique proprietary lectures on psychology and management of our conscious mind.
ML. This is an interesting or, one might say, even unconventional approach. Please, tell more about it.
AM. Here's an example to make clear why it is the psychological approach that we apply in trading. Let's look at how a professional warrior is trained. Before the warrior can develop mastery of a certain weapon, he passes serious physical and psychological training. As concerns trading, unfortunately, many traders believe they can take any weapon and become professional warriors in no time. I say 'weapon' meaning 'a trading method'. In most cases this approach is what they use offering a trading method without laying the foundation for consistent and profitable trading. This is why we have so few successful traders. Conscious of that, our Department created an absolutely different approach to training. We educate successful traders, and this education starts with creating a strong and solid foundation based on control of our conscious mind. It is only later, after this foundation has been built, that any effective trading method can produce the desired result.
ML. But how can one create this solid foundation of profitable trading? I think it isn't that easy to do.
AM. Yes, this is a hard, but manageable task. As I already pointed out in my interviews, every student has their own difficulties that stop them from making money consistently. Our aim is to detect these weaknesses and work to reduce and fully eliminate them. Different exercises have been developed by the Department for this purpose. By the way, this is why training is only individual for all our courses.
It should be said that this course in controlling your conscious mind is still part of the basic training program of the Price Range Break Department and includes unique, proprietary lectures on psychology and control of the conscious mind. Here's only some of them:
- 'The Chain of Adequate Behavior of the Trader';
- 'Maxims of the Price Range Break Department';
- 'The First Obstacle on your Path to Success - Thoughtless Trades';
- 'Follow the Market!';
- 'Let's Become Successful Traders! A Trading Method that Produces Consistent and Conscious Profits';
- 'Stages of Development of a Professional Trader';
- 'Controlling Potential Losses';
- 'How to Learn to Limit Trading Losses. Practical Techniques of Preserving the Capital';
- 'An Effective Method for Achieving Your Goals. The Basis to Make Your Dreams Come True';
and many more.
In addition, we work individually with every student. A customized practical tip of applied nature related to the student trader's problem is offered. The Department has developed unique exercises that allow achieving the desired result. Sometimes the tip is relevant not only to the trading, but also to the trader's everyday life because reasons for their problems might be hidden there.
All students, without any exception, have appreciated this approach to training and the course in controlling the conscious mind itself. It's not only the appreciation, however, but also the results delivered by student traders that matters. Here are two examples. Around March-April this year, I held a survey of my students on their trading results. One said this. He was stressed out, depressed, lost confidence in himself. I am sure many readers have experienced or still experience this. This student even planned to go to a psychologist - this is how serious his psychological problems were at that time. But I suggested he take a unique course of psychological adjustment and said what he should do in his situation. The results didn't take long to appear. A few months later he managed to make 970% of net profits in a live account. It is tens of thousands of dollars. He continues making money consistently, every week. Note that I gave him no super trading method. I simply showed him what he could do. The opportunities he had in the first place. I helped him regain Belief in himself. That’s it. I am very pleased when students have such trading results. This energizes me greatly for future achievements. Here's another example. Andrey, a student trader, was with my Department for a long time. He is an apt and talented trader. Even though his trading brought profits, but it lacked consistency. This is when he asked me for help in solving his psychological problems, and I included him in the course of controlling the conscious mind. I showed him what he should pay attention to, his strengths and weaknesses and have him specific practical techniques to solving his problems. Below you can see his trading statement for the week after he got the tips and started doing certain exercises to improve his situation.
Six trading days. The total of 13 trades. 9 winners, 1 breakeven, 3 losers. Account added +61.2%. As Andrey explains himself, he gained confidence in trading and a clear understand of what he does.
As we see the result didn't take long to show. This is because every student receives individual advice of applied nature to improve a specific student's situation as fast as possible. And such examples are numerous. There are statements for months, not only weeks. Trading results of different students are posted in relevant sections of the thread of the Price Range Break Department.
ML. Outstanding results. Can you give any specific tips to the readers of our magazine?
AM. Tips to improve trading are given separately to each trader based on their individual features. This is why they are so effective. But there are also general, fundamental principles. If you will, I will deliver a brief lecture on this subject so that readers of the magazine can get immersed in this training atmosphere available in the Price Range Break Department.
