Coffee-talks with CrucialPoint: How I Cracked and Solved the Puzzle.
It's not a BS question... It's an excellent and a very smart question
(sorry for the grammar or misspelling in advance, don't have time to check)
I inherited some innate skills from my Father's side. On my Father's side there are 4 highly successful Entrepreneurs (including my Dad). Highly street-smart and strong work ethics. Mum is the trophy wife, nobody excelled from her side of the family. Grandpa (my Dad's father) was also a successful entrepreneur. All came from a poor background and became highly successful.
At 5yo, I already knew I wanted to be a scientist. At 5yo I was already highly competitive. I always wanted to be 1st in anything I'm involved in. When I was 5, My dad showed me a magic trick: jumping match-sticks. I figured it out all by myself at 5yo with no help.
At 5yo I already possessed the following innate skills: Highly Competitive + High Attention to Details.
What's more interesting was that at 5yo, I wasn't interested in "how the trick was done". I was interested the in governing principles of all magic tricks. I'm wasn't interested in you teaching me about slight movement of hands, secret compartments nor the effects of the illusions. In search for more knowledge, I read books on magic tricks but was disappointed. I approach a professional magician and he taught me the principles and philosophies... the crucial points. He taught me the about the psychological aspects on how to fool and redirect an audience's attention, etc... This also opened a new door of interest within me: the human psychology.
By 10yo, I've quit magic tricks and was focused on the human psychology. The books on psychology I was accompanied were Personal Development books. And thus I read lots of personal development books until 15yo. But at 10yo, I was surrounded by entrepreneurs (unlce's, dad and grandpa). I was there when they did business deals and negotiate things with other business and customers. The showed me the ropes and explained all the "insider's secret" into making a successful business. Including the ugly sides - corruptions, bribery, legal loop holes, etc... Unconsciously, I absorbed a lot of things and how to be street-smart. They taught me the principles and philosophies on running a successful business and not text book follow 1 2 3. Again, I wasn't interested in the process of how to buy or create a product and make profit. I was more interested in the governing principles/philosophies of all successful business. They taught me the crucial points. Basically I was in the inner circle of successful entrepreneurs.
At 15yo, I already possessed the following skills: Business and Psychology + Real World Experience (dealing with the broad spectrum of personalities).
At 15yo, it was clear as day, the comparison between a successful business and a failed/inevitable to fail.
Between 15-18yo I spent a lot time with my dad in his business (industrial machines electrical/mechanical maintenance). He taught me one important philosophy: that any problem can be solved. He was a genius in his field (also an inventor). Because there was not 1 problem he wasn't able to solve. Where engineers and technicians and other professionals (with long years of experience) failed in solving the problem, he triumphed over the problems swiftly.
He taught me his special skill: How to diagnose and solve a problem. How to approach and solve a problem. How to deconstruct a problem.
The skill he taught me were applicable in all aspect of life and not just limited to industrial machinery.
At 16 (since I had quite of a life experience). My English teacher asked my opinions about certain social issues regarding religion, politics, relationships, history, etc... He said, "you will be excellent in a debate team and you will enjoy it." My reply, "Do they have hot chicks there?"
And so begin a new journey, I learned how to debate. Debate is not what most people think. Debate is highly structured. From presented and countering an argument, from objectivity versus subjective opinions, right through philosophical and critical thinking. At this time I was fascinated in court cases as lawyers defended their cases. Movie shows with slick counterargument to prove their client is not guilty. Even movie such as "Legally Blonde" where she defended her client's murder case and won, due to hair perm. I was like "That was fucking genius!!!" In order to win a court case, you need the skill to objectively sift through the Bullshit. And a lot of people don't posses this skill to draw a highly objective conclusion >>> Is there a god or not? Go Vegan or eat Meat? Is the market random or not? Does CrucialPoint talk BS or not? etc.
Debate taught me a very important skill: How to take any argument (without bias) and present both side of the story, objectively.
By 18, I was young and confident with lots of experience and skills compared to your typical 18yo. I was hungry of what the world has to offer and to discover. It opened more doors, more endeavors to pursue, more skills to be developed. Again, I wasn't interested in processes. I was interested in universal foundations that leverage one's potentials, the crucial points of life skills: Accelerated learning, Memory enhancement, Cognitive thinking improvements, Problem solving techniques, Creative thinking, etc...
After developing a satisfactory level of skills in those areas, picking up any topic and subject was a walk in the park. The difference is that I am not a walking library of information, but rather, I have a deep understanding of the subject and topic of my choosing. The world is my oyster. I digested Psychology, Stoicism, Physics, History, Science, Maths, Gambling, PUA, Philosophy, Business and entrepreneurship, internet, Environment, Moral Ethics, Law, Meta-physics, Music, Sports, Statistics, Biographies of the great people in history, Company development, illegal drugs and customs, Fraudulent finance, Tactical warfare, combat strategies and techniques, etc... I ate a vast range of subjects like freshly cooked pizza.
I wasn't just a bookworm, I'm a man of action (as were my predecessors). Between 18yo to 23yo. I started an online company with another friend. I finished a degree. Gambled at the casinos, winnings not big enough and left. I managed to get blacklisted by google and other social media. If you're in Australia and if you remember Harvey Norman and Dick Smith in the early 2000, on the news complaining small online retail is taking away a big part of their business. And they were pushing for online tax sales >>> That's was me on the other end of the stick. Silk road wasn't around then (thank god). Forex came into my life and I found a new challenge and focus.
Before I began my journey with FX, my foundation was set and was deep enough to tackle the FX problem. Despite having strong foundation, it still took me nearly 7 years to crack it. IF you're reading this and smirking about me taking that long. I'm smirking right back at that puny account of yours. Side note advice: If you know what you are doing >>> It is not an excuse not to have a Million dollar account trading FX. If you know what you are doing, you should be able to turn 10k into 1M in 3 years (conservatively in any type of market condition). In today's current monetary value in western society, you should be making 1M each year (in FX), if you know what you're doing. I'm going to be blunt: If you can't turn 10k into 1M in 3 years, you've got the wrong strategy. And you don't know what you are doing.
If you ever read Copernicus' posts on this thread, as he reach orgasm regarding quantum randomness and those scientific quantitative/qualitative jargon. Excellent stuff Copernicus I've traveled on the same path as he has, and also came to that dead-end road. I stood there, in front of the biggest mountain I have ever faced: "How do I capture randomness?"
Over the years, I studied great sportsmen/women of our time. How they became champions, what did they do different. What are the crucial points/crucial elements of their success. They have one skill that leverage their other skill: Highly observant. They will watch a footage a million times, over and over, endlessly. And after a while, hidden details will emerge. Which leads to the improvement of another set of skill: a faster recognition of details and increased awareness.
Over the years, I studied combat strategies and techniques. I studied Tactical warfare from the Roman empire, to Genghis Khan, Alexander the great, WW1, WW2, Napoleon, etc... These including sporting strategies and techniques. Political/Marketing strategies and techniques. Making sure I capture the principles and philosophies and not just the minor executions/implementations. In all of the infinite combinations of strategies, tactics, techniques, etc... will emerge the underlying crucial points of principles and philosophies that are forever timeless and infinite. People try to create trading strategies, trading plans, trading systems yet they lack the skill: How to create an effective strategy. How to exploit the enemy's weakness/defense. How to transcribe principles and philosophy into a strategy/plan. It like trying to lift 50kg, yet you don't have the developed muscles to do so.
Over the years I studied successful Traders, trading styles/strategies/techniques/systems in search for that universal trading principles.
There is a difference between looking versus seeing.
... difference between hearing and listening.
... difference between working and accomplishing.
... difference between knowing and understanding.
I also studied lots of great thinkers of our time. I found a cluster in how they have approach a problem or how they invented and formed a creative idea/solution. They turned to nature for the solution, they observed nature. Nature have solved the problem, long before you had the problem to begin with. Every scientific breakthrough came from nature. Every answer to a problem has a connection with nature/universe. So I searched, "where in nature do I find randomness being captured?" >>> the cheetah. I mentioned that nature designed the cheetah to be an efficient and effective hunting machine. And RhondaRousey counter-argued that the cheetah only has a 30% success rate in hunting down a gazelle. Which is true. But as usual, missed the crucial point that it has a 30% success rate of capturing randomness. On top of that, nature designed the gazelle to evade a predator. That's like capturing randomness x2. Maybe you can find another predator with a higher % rate. Fuck me, right? But the crucial answer is that nature has captured randomness. You have your answer. Transcribe the principles/techniques into a trading strategy.
Like I said, the biggest part of my success was due to luck:
DislikedAnd there would be no Cp today without whom or what?
Who leveraged your potential? ( this is not a BS question).Ignored
(sorry for the grammar or misspelling in advance, don't have time to check)
I inherited some innate skills from my Father's side. On my Father's side there are 4 highly successful Entrepreneurs (including my Dad). Highly street-smart and strong work ethics. Mum is the trophy wife, nobody excelled from her side of the family. Grandpa (my Dad's father) was also a successful entrepreneur. All came from a poor background and became highly successful.
At 5yo, I already knew I wanted to be a scientist. At 5yo I was already highly competitive. I always wanted to be 1st in anything I'm involved in. When I was 5, My dad showed me a magic trick: jumping match-sticks. I figured it out all by myself at 5yo with no help.
At 5yo I already possessed the following innate skills: Highly Competitive + High Attention to Details.
What's more interesting was that at 5yo, I wasn't interested in "how the trick was done". I was interested the in governing principles of all magic tricks. I'm wasn't interested in you teaching me about slight movement of hands, secret compartments nor the effects of the illusions. In search for more knowledge, I read books on magic tricks but was disappointed. I approach a professional magician and he taught me the principles and philosophies... the crucial points. He taught me the about the psychological aspects on how to fool and redirect an audience's attention, etc... This also opened a new door of interest within me: the human psychology.
By 10yo, I've quit magic tricks and was focused on the human psychology. The books on psychology I was accompanied were Personal Development books. And thus I read lots of personal development books until 15yo. But at 10yo, I was surrounded by entrepreneurs (unlce's, dad and grandpa). I was there when they did business deals and negotiate things with other business and customers. The showed me the ropes and explained all the "insider's secret" into making a successful business. Including the ugly sides - corruptions, bribery, legal loop holes, etc... Unconsciously, I absorbed a lot of things and how to be street-smart. They taught me the principles and philosophies on running a successful business and not text book follow 1 2 3. Again, I wasn't interested in the process of how to buy or create a product and make profit. I was more interested in the governing principles/philosophies of all successful business. They taught me the crucial points. Basically I was in the inner circle of successful entrepreneurs.
At 15yo, I already possessed the following skills: Business and Psychology + Real World Experience (dealing with the broad spectrum of personalities).
At 15yo, it was clear as day, the comparison between a successful business and a failed/inevitable to fail.
Between 15-18yo I spent a lot time with my dad in his business (industrial machines electrical/mechanical maintenance). He taught me one important philosophy: that any problem can be solved. He was a genius in his field (also an inventor). Because there was not 1 problem he wasn't able to solve. Where engineers and technicians and other professionals (with long years of experience) failed in solving the problem, he triumphed over the problems swiftly.
He taught me his special skill: How to diagnose and solve a problem. How to approach and solve a problem. How to deconstruct a problem.
The skill he taught me were applicable in all aspect of life and not just limited to industrial machinery.
At 16 (since I had quite of a life experience). My English teacher asked my opinions about certain social issues regarding religion, politics, relationships, history, etc... He said, "you will be excellent in a debate team and you will enjoy it." My reply, "Do they have hot chicks there?"
And so begin a new journey, I learned how to debate. Debate is not what most people think. Debate is highly structured. From presented and countering an argument, from objectivity versus subjective opinions, right through philosophical and critical thinking. At this time I was fascinated in court cases as lawyers defended their cases. Movie shows with slick counterargument to prove their client is not guilty. Even movie such as "Legally Blonde" where she defended her client's murder case and won, due to hair perm. I was like "That was fucking genius!!!" In order to win a court case, you need the skill to objectively sift through the Bullshit. And a lot of people don't posses this skill to draw a highly objective conclusion >>> Is there a god or not? Go Vegan or eat Meat? Is the market random or not? Does CrucialPoint talk BS or not? etc.
Debate taught me a very important skill: How to take any argument (without bias) and present both side of the story, objectively.
By 18, I was young and confident with lots of experience and skills compared to your typical 18yo. I was hungry of what the world has to offer and to discover. It opened more doors, more endeavors to pursue, more skills to be developed. Again, I wasn't interested in processes. I was interested in universal foundations that leverage one's potentials, the crucial points of life skills: Accelerated learning, Memory enhancement, Cognitive thinking improvements, Problem solving techniques, Creative thinking, etc...
After developing a satisfactory level of skills in those areas, picking up any topic and subject was a walk in the park. The difference is that I am not a walking library of information, but rather, I have a deep understanding of the subject and topic of my choosing. The world is my oyster. I digested Psychology, Stoicism, Physics, History, Science, Maths, Gambling, PUA, Philosophy, Business and entrepreneurship, internet, Environment, Moral Ethics, Law, Meta-physics, Music, Sports, Statistics, Biographies of the great people in history, Company development, illegal drugs and customs, Fraudulent finance, Tactical warfare, combat strategies and techniques, etc... I ate a vast range of subjects like freshly cooked pizza.
I wasn't just a bookworm, I'm a man of action (as were my predecessors). Between 18yo to 23yo. I started an online company with another friend. I finished a degree. Gambled at the casinos, winnings not big enough and left. I managed to get blacklisted by google and other social media. If you're in Australia and if you remember Harvey Norman and Dick Smith in the early 2000, on the news complaining small online retail is taking away a big part of their business. And they were pushing for online tax sales >>> That's was me on the other end of the stick. Silk road wasn't around then (thank god). Forex came into my life and I found a new challenge and focus.
Before I began my journey with FX, my foundation was set and was deep enough to tackle the FX problem. Despite having strong foundation, it still took me nearly 7 years to crack it. IF you're reading this and smirking about me taking that long. I'm smirking right back at that puny account of yours. Side note advice: If you know what you are doing >>> It is not an excuse not to have a Million dollar account trading FX. If you know what you are doing, you should be able to turn 10k into 1M in 3 years (conservatively in any type of market condition). In today's current monetary value in western society, you should be making 1M each year (in FX), if you know what you're doing. I'm going to be blunt: If you can't turn 10k into 1M in 3 years, you've got the wrong strategy. And you don't know what you are doing.
If you ever read Copernicus' posts on this thread, as he reach orgasm regarding quantum randomness and those scientific quantitative/qualitative jargon. Excellent stuff Copernicus I've traveled on the same path as he has, and also came to that dead-end road. I stood there, in front of the biggest mountain I have ever faced: "How do I capture randomness?"
Over the years, I studied great sportsmen/women of our time. How they became champions, what did they do different. What are the crucial points/crucial elements of their success. They have one skill that leverage their other skill: Highly observant. They will watch a footage a million times, over and over, endlessly. And after a while, hidden details will emerge. Which leads to the improvement of another set of skill: a faster recognition of details and increased awareness.
Over the years, I studied combat strategies and techniques. I studied Tactical warfare from the Roman empire, to Genghis Khan, Alexander the great, WW1, WW2, Napoleon, etc... These including sporting strategies and techniques. Political/Marketing strategies and techniques. Making sure I capture the principles and philosophies and not just the minor executions/implementations. In all of the infinite combinations of strategies, tactics, techniques, etc... will emerge the underlying crucial points of principles and philosophies that are forever timeless and infinite. People try to create trading strategies, trading plans, trading systems yet they lack the skill: How to create an effective strategy. How to exploit the enemy's weakness/defense. How to transcribe principles and philosophy into a strategy/plan. It like trying to lift 50kg, yet you don't have the developed muscles to do so.
Over the years I studied successful Traders, trading styles/strategies/techniques/systems in search for that universal trading principles.
There is a difference between looking versus seeing.
... difference between hearing and listening.
... difference between working and accomplishing.
... difference between knowing and understanding.
I also studied lots of great thinkers of our time. I found a cluster in how they have approach a problem or how they invented and formed a creative idea/solution. They turned to nature for the solution, they observed nature. Nature have solved the problem, long before you had the problem to begin with. Every scientific breakthrough came from nature. Every answer to a problem has a connection with nature/universe. So I searched, "where in nature do I find randomness being captured?" >>> the cheetah. I mentioned that nature designed the cheetah to be an efficient and effective hunting machine. And RhondaRousey counter-argued that the cheetah only has a 30% success rate in hunting down a gazelle. Which is true. But as usual, missed the crucial point that it has a 30% success rate of capturing randomness. On top of that, nature designed the gazelle to evade a predator. That's like capturing randomness x2. Maybe you can find another predator with a higher % rate. Fuck me, right? But the crucial answer is that nature has captured randomness. You have your answer. Transcribe the principles/techniques into a trading strategy.
Like I said, the biggest part of my success was due to luck:
- I was born and inherited certain genes.
- I was born in a family of successful people.
- I was given the right environment to developed certain skills.
- I had professional coaches which I never had time to mention (and others).
- I had teachers/business people change the course and direction of my life.
- I had the free time/support to pursue whatever I wanted and was not tied down to hindering circumstances.
- etc....
I can say that it was all because of my hard work and free choice to make/create the life I desired, I control my destiny. But that's the ego speaking.
Take one of those elements away and it is a butterfly effect. I might wouldn't have made any money in FX. I would've probably be looking and not seeing. Hearing and not listening. Working hard and not accomplishing. Knowing things and not understanding them.
I would probably end up like Metta87 and Dukas_trader
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