How 4 common adages, the HODLNOTS Course and 6 HODLdots work together to help you succeed!
Adage number 1;
“You have to spend money to make money.” – Titus Maccius Plautus. 200s–100s BC
Even to this day, traders still use that adage to throw money into all kinds of trades…and where, in theory this surely helps, using big money alone isn’t always the solution. Often these trades fail because of poor planning and/or poor execution.
Making money isn’t just about using large amounts of it to trade, it’s also about finding the trade that matters.
Adage number 2;
“Fail to plan, plan to fail.” – Benjamin Franklin
When you start a trade with no clear strategy, you’re planning to fail.
This rings true and is especially common with newer traders. Over the years, we’ve seen many scalping students finish the course and then jump right in with larger sums of money. Often these trades fail as both the emotional side of trading with larger money and also the mechanics of it is disregarded, never learned or forgotten.
In reality, whether you are trading with small or large sums of money, creating a trading plan is critical to ensure the money with which you trade is money well spent. Learning what works and what doesn’t work for you is the key to success. This can only come with time and practice.
The 2 adages above lead nicely to our 3rd adage;
“Practice makes perfect.” – John Adams
You will become a better trader if you practice, practice, practice and then practice some more.
Why does practice make perfect? By practicing you;
1. get better at doing what you are practicing – increasing the chance that you will be successful when it matters,
2. start to replace the old habits with new ones, and
3. develop the habit of replacing old habits!
There is no truer saying for successful trading than our 4th adage – “Rome wasn’t built in a day”. – Li Proverbe au Vilain, published around 1190
So, how can we help?
The HODLNOTS Course;
Completing the HODLNOTS course is the first step to take to gain the solid foundation with which to start your trading career. You will learn the theory of scalp trading, and enjoy live support from dedicated trainers to help you every step of the way. You will be putting this theory into practice by week 2 and you will graduate with the knowledge that you have been given the best start to your new career that you can get.
The HODLdots;
After completing the Course and scalp trading for a while, to help you continue your trading journey, you will be eligible to apply to join our proudly presented Minute Money Masters Program (3M).
We’ve identified several needs within our community and have developed a complimentary program to help address these needs – and it comes down to the 4 adages above.
Firstly, you have to spend money to make money.
You most probably want to learn scalp trading because you either would like to make supplemental income or would like to start scalping as a career. Either way, you will need to start trading with larger amounts of money per trade to be able to do so. Not everyone has the capital to do this, so our 3M program will take you through 6 levels (our HODLdots) to teach you how to start with $20 trades and progress to $1000 trades. We will teach you how to make a plan, execute it and, most importantly, do it SAFELY!
Secondly, fail to plan, plan to fail.
After you graduate and continue practicing what you have learned on the Course, you may find that mental stress and emotions play a huge role in your daily trading. When you are new to trading, emotions like fear, stress or greed can take over and lead to trades that don’t go as expected – especially when you start to use bigger and bigger money. However, continual practice and experience can help you learn to keep the emotions in check and start you on your path to objective trading. Our 3M course addresses these issues and helps you put a plan in place so that you learn what works and what doesn’t work for you.
Thirdly, practice makes perfect.
As you progress through our 6 levels, which can take weeks or months (you go at your own pace) you will be practicing with different amounts of money per trade. By doing this, over and over again, you will build the confidence at each level, put new strategies in place and learn what works for you. You will progress to the next level only after you can confidently trade without the emotional attachment that could come with bigger money.
By the end of the 6 steps, you will have practiced the strategies that you need to overcome the emotional side and master the technical side of trading, you will have your plan in place and you will be using $1000 per trade. You will have progressed through your HODLdots and will have learned a skill that will help you for the rest of your life.
Remember, as stated above, Rome wasn’t built in a day, but, boy, has it stood the test of time.
Sign up for the next LIVE Hodlnots Course (Starting on 7 October 2022) here: https://btaf-wordpress.cloudmlmdemo.com/product/hodlnots
The Hodlnots Team
