welcome back everyone I'm signal today with Nathan Fillion in heaven thank you for welcoming me in your home Thank You Brooke I love it it's a beautiful place and we thought will you do a second interview today we did if she wants before one last year I came to your place again we talk about protection I will link that below if you if you guys wanna check it out we did one after all so how to plan your success which was really loved by people here in the channel and so today I wanna talk about something that you are very good at which is how to trade to get more freedom I think that's the goal a lot people want to have so for people not doing you I thought tell people who you are what you do and a bit about learning about yourself okay um well you know obviously my name is Naveen pretty Ani I'm a senior trader at forex watchers calm and a mentor an educator at urban Forex calm and CEO of liked our Investments Limited in Hong Kong so so you know that's my background and yeah I think that question that you asked about freedom to me maybe that word is a little bit unique because a lot of people get into this industry thinking this is a way out but to actually do this successfully you got to go all-in instead of a little bit in to look for a way out it's it's sort of like an oxymoron it like it's controversial like it doesn't work that way that's my experience obviously so yeah I think there's a lot of hard work that needs to be put in because you know you know you can go to college you can graduate from high school you can get a job and make some money then you can go to a university get a bachelor's degree you can make a little bit more money you can go get a masters make a little bit more money a PhD a lot more money but then in forex there's no such thing as if I learn a little bit more I'll make a little bit more money it's either you make money or you don't it's basically you go straight PhD or you don't like you don't make any money at all so there there is no if I learn a little bit I'll make a little bit of money there's no such thing as that it's either you make it or you don't you know so I think when you look at it in that respect if there is no I'm gonna have acid now I'm sorry for using that word you can't have it you know yeah that's a good point and I think it's something like you mentioned the fact that you have to go all in so it's kind of a different shift in your lifestyle to like you might be more free to travel do whatever you want have some fun like you've been traveling else recently which is pretty cool so tempo about a little bit almost travels and everything you do well traveling has been you know a passion of mine since I was child so you know that that didn't come from the work side of things but you know trading in general helped me to do that you know it's not it's not a bad thing I don't look at them as connected but at the same time it's you know I also feel blessed that because I'm a trader I have the ability to travel a little bit more easier because I don't need to sign a piece of paper saying can I take a week off three months from now you know like so I do have that a little bit of flexibility there but yeah because trading is more internet-based I'm very very conscious about where I'm going based on time zone in terms of you know where are you gonna trade and it does a time zone line up with when you're awaken alive you know you don't want to do it in the middle of the night when you're really tired or exhausted so I'm very conscious of that yeah and one thing that I think I've noticed for myself over time is that the more discipline and effort you put in trading the more freedom you can have so it's like it's like the opposite like people expect to gain freedom but they have to put in more work to gain freedom like you mentioned earlier yeah and and you know as if we're being honest here that's what how I got in thinking this is my way out and then it turned out to be quicksand and it got dragged in more and more and more at the point where I'm like I was working eight hours a day at my other job you know I was working for a bank before and now I'm doing close to 20 hours a day four hours of sleep and doing this over and over I mean I don't trade like that anymore but I spent so much time into it that I don't think the average newcomer who comes to the industry realizes that there is no mid grounds you actually have to go all in I don't know that word just keeps coming into my mind oh all you got to go all-in with all your might all your energy you got to use all your background up when someone said you can't do this you've got to bring that energy in there as well you whatever you have to do to get that fire going and saying I'm gonna do this whether it takes one year ten years fifty years and you come with that mindset of I got a push so yeah and there's no looking back yeah and I fully agree with that for sure because I haven't new you saying this is like a sacrifice mode that you have to go through sometimes when you start not like forever but when you start right and that is a record for anyone so what was that face for you of like trying to make it work why did you have to do exactly to make it work well for the longest time it was the knowledge part right you know my first phase was I don't know what I'm doing as much as I'm doing it I don't know what I'm doing so it's like even if I'm sitting here 20 hours a day if I'm if I don't know what I'm supposed to do then I'm just wasting time right it's like going to the gym you practice the wrong way it's actually gonna be harmful than hurt and you know then beneficial but so I was putting in a lot of hours my mental capacity thinking if I put in a lot of hours I'll get the benefit from it but you can't do it if you're doing it the wrong way and obviously there's not one single right way there's multiple ways but I kept putting in the hours doing the research looking for techniques and strategies what works best and how basically what can I do that will always make money and never lose so that was my mental state at that point when I started then came to Phase two when I did have an idea of what I need to do then stage two was a psychological barrier of can you do this regularly can you do this frequently can you do this bigger right because that's the next stage is like okay you know if you understand how the markets work then why are you trading one mini lot step up your game show me so that inner voice keeps battling you saying you know what's the point of trading one meaning la tène come on like do your standard Lots and then that's the next psychological barrier that you have to overcome that because up until certain point money has a story behind it right like you know if you say I made $500 today's to some people that's rent to some people that's shopping money to some people it means nothing but it may has a meaning right that that number has a meaning to many people so in the beginning you have to go to the psychological barrier to remove the meaning from the number that this is just a number it doesn't matter so that part was hard for me because as an in university I had no not much money to myself and every penny counted so every time I made a loss I actually felt it like God that that meant that that's my rent or that's my food and you know so I really felt it so that psychological barriers like the next phase that you have to overcome really curious here because that's something that I see a lot people have trouble with the money mindset if we couldn't call it hmm so how did you kind of shift that how do you learn that money was something that you could like that you wanted to attach to how did I supply well I I don't know how that shift happened but I do know that that was a big barrier in my life it was a huge huge factor in my life because you know you're bombarded with you know especially in college right you're like if I graduate I'm gonna get a job with this much salary now whether someone says your salary is 30, 000 50, 000 or 100, 000 it's just a number but what that means to you right like 30, 000 means this is my house this is my car this is my shopping fifty means this is my house this is my car this is my shopping so when you when you think of it in that sense that stuck with me I would say for more than five years where money up to twenty twenty-five thousand dollars had meaning and breaking that barrier I couldn't break it so my hack was I'll move to India because $25, 000 goes a long ways in a place like India but after a while I start to realize you know that's that's not a way out that's just cheating life basically like you have to break the barrier of the number means nothing it's just a number and then pushing through that so that that was a tough part for me I would say even tougher than learning what to do correctly and I think this is why some people say that what counts is not like the gold the result you get but the thing is you've built over time the thing like how you change with time we need a few goals right right so so you know and I get that a lot too when when students ask me that okay Naveen what's the perfect strategy what do I need to do and then I'm like you know what even if I gave you the exact thing that I do I'm sure you can't do it yeah you know and in the beginning they don't understand what that means and that's normal and they're not supposed to understand what that means because they don't have any exposure to there's a different angle to it yeah so when you get strategy that's supposed to be right you got to put in the time and hours of it's like an archer if he has to pull the arrow back and shoot it I can explain that to you just hold the archer like this pull the arrow back let go your goal is to hit the middle middle dot that's the perfect strategy but now can you do it that's that pulling it back that feeling that stretching of how much should I pull and all that stuff that's very difficult to master and that takes some time to do it over and over and over it so the strategy is that's you need to do but the experience is now let's do it 500 times yeah what happens is people go they look for the strategy they take the strategy and when it doesn't work the third time they quit hmm that's the part is the hardest one that I've seen time and time again that people need to persevere this is not an industry where you can call it quits change your major and then good luck and you'll get a job somewhere else it's not like that you have to persevere so I was going to ask you like where are places where people fall when they apply like so let's see you give them a strategy short where did they fall is it when like being consistent with it so doing it all the time or is it something else they fall in the idea of understanding risk see so in the beginning and this happens to me too so I know please put me in the same category of enough that yeah in the beginning the mindset is only focused on opportunity you're only looking for work and I make money where can I make money instead of which is much later as an experienced trader your your objective is where can I not lose money see this two difference is one is trying to protect your money the other one's trying to say can I make money the where can i make money attitude actually gets you into every trade good ones and bad ones and the bad ones because of psychology in the beginning will overrule the the good ones so you're losing trades will become bigger than your winning trades and that cycle is very dangerous so getting to that point where you need to realize you got to protect your money instead of you know make the money or looking for opportunities time and time again that needs to be there needs to be shift in thinking yeah so that's a major shift for most people like when they get this yeah they completely change right right yeah awesome you are one of the I would say one of the best people I know when it comes to explaining protection how strict are section I think just look for that stated cheaper section online but they don't really don't or they don't know what to explain it how to do it her name is Jessica sees of action which they can't really put down explained so I kind of want to hear what is your training process exact what does it look like trading cross section for you okay um well I I do a lot of trend pull backs I need momentum I need the markets to be in a flow I can't trade dead markets so you won't see me trading you know between the u.
s.
closed and asian open I don't do that so if I don't scalp I'm not looking for can I make a quick buck and then cross my fingers yeah so I'm not doing that I'm looking for more of a strategic planned execution where I can sit back and say okay I'm in the trade I've done the best I could and now the markets gonna tell me now the markets are gonna tell me if I'm right and doing it over the years it's sort of like you have this connection with the market and the market basically guides you through them like it's a little bit different today you ready and if you're not focused enough you're gonna be like but I'm just gonna do whatever I normally do and that can get you because the market slightly tips and changes on a day to day basis so you'll never get the same trade ever again so when it tells you that little different story you need to be so aware and focused that well I see it's a little change am I ready for that can I do this and is it gonna cost me money so that's that's how I approach price action it's just being a little bit more focus it's about understanding where the market is when you start to trade and kind of being like under saying what you do from there yeah so there is for me there's levels of trade right so there is the preparation phase which is very very important you you can't skip that if you feel you're in a trade and you don't know what to do next preparation has failed you got to go back to that it's not how you do the trick it's preparation it's failing there so you got to master the preparation phase then if you know what trades you have to take because you take the trade but then the trade runs away without you then it's the second phase which is you've got a you got to master your entries how do you time it to get it just right then the next phase is once I master the entries my profits are still low but my losses are high but my entries are good then you have to master trade management how do I learn to stay in the trade and stay with the trade as long as a trade allows me to stay in it with it rather than panicking and saying but this is where I should exit or this is my stop-loss I made enough money look at the dollar amount and close you know that part you have the control and then the fourth fourth phase is obviously recapping the whole thing and saying can I remember this to do it all over again if I see it again so these four phases are equally important and not one should be overlooked yeah and that's a huge process is it probably that given years to master and be able to execute right yes and you know you'll actually up and you see a lot of students come to you and they'll go through these phases and a lot of them will tell you have a problem with the entering part and then they'll measure the entering part but they'll still not be making money because they don't know what to do after they enter because once they enter the brain goes blank like you know what do I do now do i do i where do i exit and how should i exit or is it just always 30 pips take profit or 40 pips take profit you know yeah so it can't be a fixed number and you need to let the market tell you how much you can write it mm-hmm so that's that's that's the fun part I think of the journey and to learn all these little little steps to make sure you master each stage yeah yeah and being able to adapt so I would love if you can because obviously we are in charge now but if you can show people what that looked like on a chart actually really helpful sure sure so if you want after this interview I can show you on my screen we can record it if you want so guys we'll put the link below for that we'll create a page special for an event can explain to you what it's doing and how it looks at the market so we'll put that on the side but check out the link video that should be the first thing to put that description and stuff if you can wash it you just have to go through that link and watch that after the interview if you want yeah it's it's gonna be more based on that human psychology part that we discussed in our previous interview so maybe this time I can show it to you on a chart and it might be a lot more it's easier to understand if it's visual right obviously so yeah yeah yeah we can definitely do that awesome no problem I remember the first time we talked with we discussed a little bit of travel like that you are traveling you had these routines that you were doing on a daily basis can I get back on track sure and trace and there was some days we didn't trade because we were travelling sometimes right I want to hear from so for someone that wants to do this like almost full time which is like traveling and trading how should they organize themselves to be able to do it or any things that they kind of have to plan first or can they just like leave in travel and then keep trading at the same time how do you see this actually you bring up a very good point about that should they leave and travel I think that should never be done like they can't just just leave and go because especially if it's your if you're new to traveling you're so excited about the travel that you can't focus on trading so you obviously want to do the travel and trade part once you've travelled a bit already without the pressure of trading you got to travel a bit until it you become numb to it a little bit where it's like normal and then you can travel and trade because you need full focus and trading there is no half-assing it right like you gotta be all-in you gotta be all-in so you know what I'm about to say it might sound a little bit weird but I look at it in two different ways and this is me this is you know personal to me I'm just gonna explain how I how I look at it I look at trading and who I am as two separate things okay if I wake up in the morning and I don't feel 100% in my a game or I feel tired or lethargic after a meal or anything like that I can't trade even though I might you know in my mind I have the best strategy in the world I can't do it it won't work because my physical body is and my mental state is not ready for it right so getting into that mindset of you're here you're gonna conquer and you're gonna win requires some energy in the mornings went before he said or before you sit down to trade you gotta get into battle mode basically right so once you get the mind ready then you are looking for now is there an opportunity that has low risk available for me you need those two aspects together so when you're traveling and trading you might get the opportunity but you yourself might not be ready I don't know if that makes sense yeah for me that makes sense a lot because there are days where like you don't want to trade bro you you feel like you're not in line with what you should do right those days are tough so is it a rule for yourself look like you don't trade those days or you find a way to get you get yourself back in the zone I try to get myself back in the zone but it doesn't happen all the time yeah and those days I don't trade it's it's almost like you want everything to line up in your brain right yeah your mind your trading and your opportunity everything needs to line up perfectly like okay now I can trade yeah so it's sort of like that but if I don't have those things lined up there is there's a feeling of I'm gonna lose today because I can feel I'm not on my a game or at least the first few trades are gonna be losses yeah so and this thing with there are this like this where I feel the same about sometimes turning but sometimes just business and work and I force myself to work sometimes but then I make mistakes right in my trading I'm more like disappearing of like I don't trade oh I just like do something different but when I work it I mean mistake with that so it's good I think a really good way to kind of stop and reflect back and just take a step back to maybe come back the next day better yeah or form and and I think that's very important yeah you know whether you you you know you think of this as a New Age mumbo jumbo of meditation and all the stuff whatever it may be in the past they called it being in the flow today they call it meditation you want to take it ancient times they say focus you know whatever label you give it throughout time it's just a matter of being there for your charts right so if you can get that to a point you know you're there then then trading will become a little bit more easier for you because you can notice the little subtle changes in the market that you need to adapt to hmm so and how would that look like for you what we do to get to that level you mean like physically like if I'm doing some kind of like yoga just like I I don't sighs III do stretching I don't do yoga I do I do meditation sometimes twice a day if need be there is a little trick that I do if I'm not in my a game and I still trade and then I lose and then I win and then I lose and I still feel not in my a game but then I I use the power of you know sleep come back the next day and see if you're okay because the sleep breaks the emotional cycle when you sleep in your wake up but if you sleep and you wake up and you're rican flicked it with the same emotions from yesterday you're in trouble you know there's something wrong in your life that you need to fix regardless but if you sleep and you wake up when you're like I feel good now emotions are all gone you know then you can sit down to trade sometimes even that doesn't fix it for me so what I do is then I start to wake up at 3 o'clock in the morning okay I do that and I start my day at 3:00 the whole city is sleeping you obviously you know see the skyline here it's like a billion people in front of my eyeballs here but I wake up when the whole city is sleeping and I look at it like the world is now in my hands and I need to really do what I need to do everything's quiet there's no noise everyone's sleeping and then I get back to my rhythm so I might wake up in the morning and still not feel it and I'll play video games three o'clock in the more he'll play video games just to relax or do something or I'll take a long shower and then go hot hot shower cold shower hot shower culture just to like spark the body wake up wake up you know like focus and then I get back into my a game so I'll do that for like a week I'll wake up at 3:00 go to bed at 7:00 wake up at 3:00 go to bed at 7:00 I'll do that until I get my rhythm or mojo back if you want to call it and that works for me that's my my personal approach to it yes so so something people would track perhaps they can it was the final folks work what for them absolutely absolutely everyone's unique you-you-you know I can't say this works for me so here's a blueprint copy that's exactly it's gonna work for you maybe it won't you know so you can definitely try it and see if it's for you yeah something goes with adding strategies and trading so I look people that we talked about before they want to copy what you do right I want to copy what I do sometimes right right and I forced them to kind of adapt the strategies or decides they learn to them right right have you seen new students kind of adapt what you teach them also to themselves and how did they do it exactly um I noticed most unfortunately most cannot adapt so I actually make my courses in such a way where I forced them to adapt you know sounds you know communist but but you know I I do it in a way where it's subconsciously happening you know I love teaching as well so it's sort of a thing I incorporate so it's not all about do you have the knowledge can you teach that knowledge to a point where how much time how how quickly can you turn that student to be like got it aha you know like that I just had my moment I understood what he's saying so I take that upon as a challenge as well like how how fast can I turn that aha moment so yeah I I forced them I forced them by delaying the next course I first them by saying I need to see some examples I force them in all different ways where many times I'll teach backwards well I'll start with something complex and I'll work my way backwards and then when they get the basics they're like oh it all makes sense now I can see why the advanced of you know how it all fits in like a Lego piece so yeah if you you know so that's my approach to it yeah and I think you would have a good a good way to teach people going to explain the concepts that people understand pretty quickly from what I've seen in the past I could be pull that folder your course that we shot to me they understood like a lot of it or everything pretty much I hope so I hope so otherwise I'm in trouble yeah but I have I would say I have the world's best students they're the nicest people on the planet and they're very they're very intelligent and they grow fast and you know I couldn't be much prouder than you know being their mentor or you know slowly also a colleague because their levels were getting really high very quick so I'm happy to be to know them at a personal level as well so yeah that's pretty awesome and usually earlier today that you were working with Apps now with technology so I kind of want to know how these days use after technologies together are there things that like you think anyone would need to use sure so you know everything that I you know create is something I need personally and then we obviously release it to the world if see if they want to use it too and they can a lot of my days you know start with what is the larger player doing I can't trade if I don't know what the big boys are doing right you want to call the big boys bank hedge funds whatever the name you want to give it I want to know where the focus in the world is so I use a specific currency strength meter that which we've developed we call it the FX meter it's on the iOS store and what that does is I first had it built just for me I want to see at a single glance of where's the money flowing and this is not just an indicator measuring this thing we use our in-house techniques on how to measure this stuff so I have a colleague who wakes up every morning and he looks at every single chart 28 pairs any hand picks how the markets are reacting based on everything I've taught him and he says okay today the focus is on US dollar okay and then once we spot that then it's like okay all energy it's like a lion sitting behind the bushes just looking out and it's like you can see a whole bunch of animals but you want that gazelle right because you know that's the target today it's the same thing I know I use that app as a as I'm traveling I don't want to open up and look at everything one by one so we streamlined it and I had my colleague do this for me and I'm like okay every morning I look at the app it tells me an idea of what my focus needs to be on and that gives me a good 30 I would even say 40% edge on the rest of the world because I pick trades now that have a very very high chance of when and very low chance of being riskier or spiky trades so those are the worst right you're in the right trade and it spikes you out and then it still goes and you're like what just happened it's the misunderstanding of where the flow of money is you need to understand what the flow of money is then you can avoid spikes as well so that's kind of being able to use something even in your cell phone where you could do it anywhere you want and still get the data absolutely it's pretty big right right so I have it on my fingertips and obviously you know I don't need to do it myself every time if I have a colleague do it so it saves me a lot of time so I wake up in the morning I can trust it information because it comes from my teachings to my colleagues so I'm like okay that data is pure data that I can rely on it's not an indicator that's just following the market mm-hmm you know so I need that do you ever play stress on your cell phone oh it's always on other computer I place trades on my cell phone all the time I exit from my cell phone all the time but but I don't do this please do not do this it is something I can say I graduated to but I do not recommend anyone do this you need to see the whole picture you got to be in front of your screen as appealing as it looks to trade on the go trade on the fly trade from the airplane it's fine it's great for social media but it really is you want to make money sit behind a computer nicely look at the charts get a full understanding without any distractions and then saying okay now I know what to do I can do it on my cell phone as I'm going to 7-eleven or something I don't know but but you got to get the picture in your head first of what wine what needs to be done and that needs to be no distractions so those times in the past I was extinct trade or I think just my cell phone was like this and emotion like in the moment was so obviously a move and it would run enter yeah and that's usually not the right trade you want to put in correct absolutely I agree with that 100% it's all those trades that I've done without knowing on my cell phone cuz it looks good I would say 9 out of 10 times I've lost 9 out of 10 times maybe nine point nine out of ten those are horrible trade horrible horrible but if you're organized you have your things you look for and everything there could be a good process to be able absolutely absolutely then your cellphone is your buddy yeah yeah then you want to you know it's good to keep track it here's a little tip I can share with you guys I share it with my senior members um what I actually do because I do a lot with the flow of money and maybe I can even share it with you guys when I show you on the screen what I do things so what what I do is sometimes let's say I'm you know the Tiger is focusing on US dollar today and if I'm focusing on US dollar and I know the entire US dollar group is moving in a certain way euro USD a certain way pound USD certain way USD and certain way you see Swiss franc certain way you get the idea the whole US dollar is moving in a certain direction and if I say I'm gonna trade pound USD what I do for my exits I set alerts throughout the entire US dollar group the moment my cell phone starts vibrating the alert start going off I'm like it's time to exit because the entire group is reaching a level of support and resistance that it's going to bounce so I don't look for that just what what I see on pound USD but I look at the whole group as a collective but I don't watch it to get psychologically sucked in I put alerts on all of them and then I walk away and then I wait till my you know whether I'm watching TV or I'm talking or at handling business when my phone starts buzzing one buzz I don't care two three buzzes simultaneously side by side okay exit exit markets are getting active everyone's gonna start jumping in now I will start exiting because I can sell to them I can start exiting so that is a very quick hack on learning how to exit without emotionally getting involved mm-hmm I can relate to these deaths like the park using notification and alerts to your advantage what I've been using awesome the past year right very useful so yeah totally agree with that it's it's soft point it's awesome technology doesn't cripple us it can actually make you stronger and yeah you need to learn to embrace it if you know you accept it you guys make sure you check this out below the link for the video will record about the charts and that's gonna be super useful I'm sure novena is always gonna give a lot of value a lot of tips that you didn't share before even so that's always awesome and I want ask Nevin is there anything we didn't talk about you like to mention anything that you kind of maybe in the past year or any breakthroughs you had this past year that you want to share with people well as far as breakthroughs were concerned I made it second time on your interview so that's obviously good right third time actually at third time so that's obviously good that's a breakthrough for me and I love being on your show it's great you're a great person to talk to and do an interview with so it's it's always fun and especially seeing you in person also flying into Bangkok and meeting in person it's always great so it's great you know the only thing we've done I would say from our last interview we did a year ago with you I told now it's uh you know we released a little bit more courses we did a money management course you know remember I discussed about how do you gotta get get rid of that psychological barrier of what does money mean so I've actually taught money management without numbers you know that as weird as that sounds and you know yeah people get shocked by money management I'm not gonna do that that's like mathematical stuff you can actually hack it because you need to understand why so I go deep into the why give you some techniques on how you should look at your charts in a certain way using money management and we we hacked through the psychological barriers as well so it's money management mixed together with psychology around money so we released that recently and then obviously the FX meter app on the iOS store it's also coming out on Android soon so you know these are the latest things we've done so far triple changes yeah so how can you find you that using okay equity go chart after this interview they want to see what you're doing so urban Forex calm would be the best place to to reach out to me if you want to email me its Naveen at urban Forex calm as my email address you can reach out to me we're doing an event in Thailand in April we rented out a entire resort in Koh Samui so we're having some students fly in there so that's that's gonna be a great time to gather around so you know you're welcome to come with you or if you're in town it'll be fun and yeah these are the best these are the fastest way to reach me and urban Forex calm as the website but if you want to get a hold of me personally then naveen at urban forex.
com awesome and you've been doing a lot of stuff I had Stewart reach out the past year from you I got your courses once your training in the guts a lot of results so we're happy about it yeah that's awesome which is awesome we have it's probable that we teach a good self and teach things that you can apply oh I've been doing an awesome job with that for sure oh thank you thank you thank you you mean the students that the feedback you're getting yeah yeah okay the students yeah oh great I'm glad to hear my awesome so thank you very much I appreciate thank you I woke up soon we'll do search might [Music].
