right, so here i am, 4 months after i started on the first intake, i have finally finished the training and i must say it has been a very very very long 4 months with a very very very steep learning curve, for someone like myself with limited experience who didn't even know what S/R was when i first started, it has been tough, bloody hard work with alot of emotional highs and lows. During these 4 months i have had to deal with every sort of emotion possible, fear, greed, de-motivation etc but i've realised that all this is important as the way you deal with these emotions will determine whether trading is right for you or not.As people will find out, everyone wants to be traders, but not everyone will be cut out for it.
Anyway, having started of on the SIM at 100mph and going 6 straight days of up days i was rewarded and went LIVE trading a 1 lot. What i wasn't prepared for was the transition and affect it had as with the SIM your emotions don't really come into play, going LIVE is a whole new ball game. The moment you put on your first trade your heart starts beating faster, the sweat starts forming on your forehead and if it don't go your way then the anxiety really starts to eat away at you! After doing so well on the SIM i went through 2 weeks of not making a profit, YES......that's 10 days of not making a profit but a loss on the LIVE market. Can you imagine what this can do to a professional trader, let alone a trainee?!I, of course was feeling every emotion possible at this stage, however after much encouragement from the mentors i took a step back, stop trading for a few days to clear my head and took the time to gather my thoughts. Looking back i went in to my trades with the thought of losing still playing on my mind and maybe revenge as well, and as I'm sure all the pro's know, this will only destroy your book if you trade with that mentality. The single most important skill to master in trading is not the strategies or technical or fundamental analysis, it's the psychological side. It's all about controlling your emotions and if you get that right your half way there. Anyway, luckily i have a strong mentality and i overcame that losing run by posting 3 up weeks. Looking back I'm glad i had the bad run when i did as it not only showed the mentors but myself as well that i could deal with the pressures of being a trader.
throughout this 4 months training the one thing that has been heavily heavily emphasized is the psychological side. As I'm sure everyone is aware, being able to control your emotions when your trade is going the wrong way and not cut it as the technical analysis is right or not exiting a trade until it hits your target is very hard to do, however I've realized on this course that unless a trainee manages to control those emotions and instill discipline in their trading then the chances of success will be halved significantly.
the training to date has been good and there is a genuine feeling that the mentors genuinely care about your progression. There are monthly meetings at the end of each month where we come in to meet the mentors to get feedback on our progression as well as the monthly trading psychology sessions. They have also brought on-board another senior trader with near 10 years experience which has been great as it is always good to get a different perspective. Amplify are now on there 5th intake and everything points to these guys as being the real deal.
As for me? well, out of the 5 people who started on the first intake, one failed, three passed and one still has 1 week to go. so yes, i managed to take on-board what was taught, dealt with my emotions and am now officially a futures trader. having said that the training doesn't stop as now the hard work really begins.
Anyway, that is pretty much it as i don't want to bore people to death with the finer details!!!all the best everyone, and my advice is if you want to be a trader go for it, i quit my job last year and come from a non financial background, i'm in my late 20's and applied everywhere and been knocked back like everyone else, however it just made me want it more and yet here i am. I took the plunge and invested in myself and am now on my way to reaping the rewards
If you really want it, you will find a way!
P.S.
Having read some of the comments on this forum from certain members who still slate Amplify, it makes me laugh that those same people are still on here 4 months later still posting up to 100 posts a day and moaning about people not giving them a chance to be a trader and slating Amplify and accusing me of being a plant, funny isn't it how they will still be posting there 100's posts a day and slating me while I'll be trading and laughing right back!:cheesy: