November 18, 2021

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VTP Stage 5 starts Jan 2022 – Group Coaching Towards Funded Trader Status

Finally, the VTP Stage 5 is ready for launch! Read on if you want to create the next evolution in your trading journey.


It’s a sad statement that most private retail traders are under-capitalised for their own goals and expectations. This leads towards over-sizing positions, or attempting to hit home-runs on every trade. It leads to a real “Hero-or-Zero” mentality, which rarely ends well for the trader as they chase outsized returns.


The Trading Industry has recognised this, hence the recent proliferation of Trader Funding companies or Prop-Shops, which look to offer funding for successful traders, in return for a fee, and passing a trading performance challenge.


These tests usually revolve around the trader generating a double-digit return in a month (or over several months) with the trader then being funded to a level dependent on their initial purchase. The funding increases as, and if, their performance continues.


To be fair, it’s a model that can really benefit some traders, if they are prepared for the challenge of a) delivering such returns and b) trading Other People’s Money (OPM).


However, far too many people ‘crash and burn’ because they are not prepared in any way for the challenge. Or they pass the initial challenge and then blow-up when trading other people’s funds at a size that they are not used to.


This is where the VTP Stage 5 comes into play. It’s a 12-week group coaching initiative that will help support traders overcome their funding challenges, and help prepare those who are considering taking such a challenge.


It will consist of 12 weekly Coaching Calls from January to March 2022 providing education, insight and support on winning your challenges, and developing your trading business. As always, it’ll be based on the foundations of the 4M’s of Trading.


You’ll also receive 3 x 30 minute 1-2-1 calls as part of the group in order to tighten up your own trading approach.
By the end of the 12-week sessions you’ll have:


– An understanding of the Prop Shop/ Trader Funding landscape and Business Models

– Greater understanding of whats required to both pass and maintain your funded account

– Insight into whether your own trading method will help or hinder you in a funded account world

– Greater knowledge of your own strengths and weaknesses as a trader and fund manager

– The creation of your own Personal Trading Plan to pass your challenge

– Learning how to manage yourself in order to maintain good performance

– Creation of your own Buddy-Buddy Trader Support Networks to help you in your journey

– Chance to meet and hear from traders who are already operating as Funded traders


As always there’s a cost implication. For the VTP Stage 5 the cost in future will be £750 to join. However as this is the first one, I am offering a discount of £255 to members of the VTP and London Trader Network. The cost will therefore be £495 for the 12 week course


Furthermore, the best student on the course will have their Trading Challenge funded by me, and also receive an additional 4 x 60 min coaching calls to help them (worth approx. £800).


The group will only be 4-8 people and it will be based on a first-come, first-served basis. If you want to talk to us about it then contact me at paul@FXTraderPaul.com to register your interest.

January 3, 2021

0 Comments

Paul’s Monday Market Update Returns!

Hello traders,

I hope youre well, and have enjoyed the holiday season.

The Monday Market Updates will return from tomorrow Monday 4th January.  You can join them here at 1230:

FXTrader Pauls Monday Market Update

https://us02web.zoom.us/j/81643474266?pwd=ODN5V0tTVEFFMzA4NkRQU0lteGgvUT09

Trade well,

Paul

January 18, 2022

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17th Jan – FXTP Monday Market Update – Is it all going “Pete Tong” in Ukraine?

Hi traders,

Thanks to those of you who joined us today. Sorry about the quality of he sound for the first minute or so.

Today we covered: Russian MICEX Index Futures ($MX1!) US Dollar v Russian Ruble ($USDRUB) Royal Dutch Shell ($RDSB) and Amazon ($AMZN). We also covered the usual suspects: $DJIA, $NAS, $S&P,$RUSS, $DAX, $FTSE, $NIKKEI, $WTI, $XAUUSD, $BTCUSD, $USD, $DXY, $JPY, and $GBP.

Have a great trading week, and I’ll see you next Monday at 1230.

Trade well,

Paul

You can still join the VTP and access the Online Stage 1 Introductory Traders Course

Our preferred broker is Admirals

You can get a 15% Discount on the Traders Mind Journal using the code: Paul15

January 11, 2022

0 Comments

10th Jan – First Monday Market Update of the year…

Hello traders,

Welcome back to the Monday Market Update in 2022.

Today we covered: Financial Sector ETF ($XLF) Barclays Bank ($BARC) JP Morgan Bank ($JPM) Energy Sector ETF ($XLE) Exxon Mobil ($XOM) and BP ($BP.). Along with the normal regulars: $DJIA, $S&P, $NAS, $RUS, $DAX, $FTSE, $NIKKEI, $USD, $DXY, $GBP, $CAD, $XAUUSD, $BTCUSD.

Have a great trading week, and I’ll see you next Monday at 1230.

Trade well,

Paul

You can still join the VTP and access the Online Stage 1 Introductory Traders Course

Our preferred broker is Admirals

You can get a 15% Discount on the Traders Mind Journal using the code: Paul15

January 10, 2022

0 Comments

Pauls Monday Market Updates return for 2022

Hello traders,

I hope you’re well, and enjoyed the festive period.

The Monday Market Updates will return from Monday 10th January.  You can join them every Monday at 1230 on the zoom link below:

FXTrader Pauls Monday Market Update
https://us02web.zoom.us/j/81643474266?pwd=ODN5V0tTVEFFMzA4NkRQU0lteGgvUT09

Trade well,
Paul

January 6, 2022

0 Comments

Last chance to join VTP Stage 5 – Group Coaching Journey to Funded Trader Status

I hope you’ve had a fabulous festive period. As we are now returning to markets now is a chance to create the next evolution in your trading journey. This month we have the start of VTP Stage 5 – Group Coaching Journey to Funded Trader Status.


It’s a sad statement that most private retail traders are under-capitalised for their own goals and expectations. This leads towards over-sizing positions, or attempting to hit home-runs on every trade. It leads to a real “Hero-or-Zero” mentality, which rarely ends well for the trader as they chase outsized returns.


The Trading Industry has recognised this, hence the recent proliferation of Trader Funding companies or Prop-Shops, which look to offer funding for successful traders, in return for a fee, and passing a trading performance challenge.


These tests usually revolve around the trader generating a double-digit return in a month (or over several months) with the trader then being funded to a level dependent on their initial purchase. The funding increases as, and if, their performance continues.


To be fair, it’s a model that can really benefit some traders, if they are prepared for the challenge of a) delivering such returns and b) trading Other People’s Money (OPM).


However, far too many people ‘crash and burn’ because they are not prepared in any way for the challenge. Or they pass the initial challenge and then blow-up when trading other people’s funds at a size that they are not used to.


This is where the VTP Stage 5 comes into play. It’s a 12-week group coaching initiative that will help support traders overcome their funding challenges, and help prepare those who are considering taking such a challenge.


It will consist of 12 weekly Coaching Calls from January to March 2022 providing education, insight and support on winning your challenges, and developing your trading business. As always, it’ll be based on the foundations of the 4M’s of Trading.


You’ll also receive 90 minutes of 1-2-1 coaching as part of the group in order to tighten up your own trading approach.


By the end of the 12-week sessions you’ll have:
– An understanding of the Prop Shop/ Trader Funding landscape and Business Models- Greater understanding of whats required to both pass and maintain your funded account.

– Insight into whether your own trading method will help or hinder you in a funded account world- Greater knowledge of your own strengths and weaknesses as a trader and fund manager.

– The creation of your own Personal Trading Plan to pass your challenge- Learning how to manage yourself in order to maintain good performance.

– Creation of your own Buddy-Buddy Trader Support Networks to help you in your journey.

– Chance to meet and hear from traders who are already operating as Funded traders.


As always there’s a cost implication. For the VTP Stage 5 the cost in future will be £750 to join. However as this is the first one, I am offering a discount of £255 to members of the VTP and London Trader Network. The cost will therefore be £495 for the 12 week course.


Furthermore, the best student on the course will have their Trading Challenge funded by me, and also receive an additional 4 x 60 min coaching calls to help them (worth approx. £800).


The group will only be 4-8 people and it will be based on a first-come, first-served basis. If you want to talk to us about it then contact me at paulwallace@tradingbeliefs.com to register your interest.

December 14, 2021

0 Comments

13th Dec – FXTP Monday Market Update – Final one of the year!

Hello traders,

Thanks to those of you who joined us for the last MMU of the year.

Today we covered: The FX STAM, US Dollar vs Turkish lira ($USDTRY) Peloton ($PTON) Starbucks ($SBUX) Amazon ($AMZN) and Tesla ($TSLA). Along with the usual suspects of : $DJIA, $S&P, $NAS, $IWM, $DAX, $FTSE, $WTI, $XAUUSD, $USD, $DXY, $EUR, & $GBP.

This was the last Monday Market Update for 2021. Thank-you to everyone who has joined the sessions and provided feedback. I wish you all a Merry Christmas, and we will be back on Monday 10th January 2022 at 1230 on the same zoom link.

Have a great trading week.

Trade well,

Paul

You can still join the VTP and access the Online Stage 1 Introductory Traders Course

Our preferred broker is Admirals

You can get a 15% Discount on the Traders Mind Journal using the code: Paul15

December 7, 2021

0 Comments

6th Dec – FXTP Monday Market Update – where do we go from here?

Hello traders,

Thanks to those of you who joined us today.

We covered; FX STAM, Bitcoin ($BTCUSD), Evergrande ($3333) BioNtech ($BNTX) and Tesco ($TSCO) Along wth the usual suspects of: $DXY, $USD, $S&P, $NAS, $DJIA, $IWM, $FTSE, $DAX, $WTI, $XAGUSD, $XAUUSD, $AUD, & $GBP.

Remember that VTP Stage 5: Transitioning to Funded Trader starts 2nd week of January and you can learn more here: VTP Stage 5


Have a great trading week, and I’ll see you next Monday at 1230.

Trade well,

Paul

You can still join the VTP and access the Online Stage 1 Introductory Traders Course

Our preferred broker is Admirals

You can get a 15% Discount on the Traders Mind Journal using the code: Paul15

November 30, 2021

0 Comments

29th Nov – FXTP Monday Market Update – well, that was an interesting Black Friday wasn’t it?

Hi traders,

Thanks to those of you who joined us today for the MMU. We had lots to cover after the moves of last week, and the reversals of this morning.

We covered: FX STAM, IAG ($IAG) EuroStoxx 50 ($EU50) Palladium Futures ($PA) Pfizer ($PFE) and Moderna ($MRNA). Along with the usual suspects of: $DJIA, $NAS, $IWM, $S&P, $FTSE, $DAX, $NIKKEI, $USD, $DXY, $GBP, $CHF, $JPY.

Remember that VTP Stage 5: Transitioning to Funded Trader starts 2nd week of January and you can learn more here: VTP Stage 5

Have a great trading week, and I’ll see you next Monday at 1230.

Trade well,

Paul

You can still join the VTP and access the Online Stage 1 Introductory Traders Course

Our preferred broker is Admirals

You can get a 15% Discount on the Traders Mind Journal using the code: Paul15

November 16, 2021

0 Comments

15th November FXTP Monday Market Update – a look at energy

Hello traders,

Thanks to those of you who joined us today. We covered: FX STAM, Shell ($RDS) The Energy ETF ($XLE) British petroleum ($BP.) and Peloton ($PTON). We also covered the usual favourites: $DJIA, $NAS, $IVM, $S&P, $DAX, $NIKKEI, $FTSE, $XAU, $XAG, $WTI, $USD, $DXY, $CAD, $GBP.

Just a notice that there will be no Monday Market Update next week. We will return in two weeks on Monday 29th November.

Have a great trading week.

Trade well,

Paul

You can still join the VTP and access the Online Stage 1 Introductory Traders Course

Our preferred broker is Admirals

You can get a 15% Discount on the Traders Mind Journal using the code: Paul15

November 9, 2021

0 Comments

8th Nov – FXTP Monday Market Update – Everybody’s happy, right?


Hello traders,

Thanks to those of you who joined us today. We covered: FX STAM, The Hut Group ($THG); Tesla ($TSLA); Financial ETF ($XLF); and Ethereum ($ETHUSD). Along with the usual suspects of: $USD, $DXY, $DJIA, $NAS, $RUS, $DAX, $FTSE, $NIKKEI, $JPY, $GBP, $XAUUSD.

Have a great trading week, and I’ll see you next Monday at 1230.

Trade well,

Paul

You can still join the VTP and access the Online Stage 1 Introductory Traders Course

Our preferred broker is Admirals

You can get a 15% Discount on the Traders Mind Journal using the code: Paul15