When I read last year’s self-reflection, I told myself that this year’s would probably be very short. Sometimes you don’t need to write/talk too much/less is more. It ended up being the longest. No need to speculate and complicate things unnecessarily. If something works for us and even works with the fact that it suits us and is tailored to our priorities, then there is no reason to change it. The HGM way of doing business is variable enough to accept your individual priorities. It is currently adapted to different human natures /mindsets/, the only requirement of the HGM system itself is to follow the MM, portfolio and be patient. At first I considered it more as such an investment way of trading /thus holding positions longer/, but even this view is rather individual, and depends on the preferences of the trader himself.
Based on last year’s self-reflections /2018, 2017, 2016/ we can conclude that everything we thought and set as tasks for this year was only confirmed. As we wrote, we also focused on diversifying and optimizing our profits, which we are still refining and fine-tuning. Probably the biggest challenge for the coming years will just be sticking to the designated way of trading, and being patient especially in waiting for more correct entries as we work on higher TFs. We also have this issue basically clearly defined in the aggressive and conservative HGM-taking section. We can really say that we are very close to perfection in being a long term successful, calm trader.
In the current year we have often mentioned concepts such as having clarity of direction, self-confidence and humility, aggressive and conservative, compare and combine, less is more. The last few months I feel I have been able to refine and simplify my explanations as well. As proof, here are our regular Monday videos. We were also able to simplify even more the actual way of trading for new HGM-ers towards the end of this year. The proof is also the experiment we started in August this year /2019/, where I started teaching my 15 year old son with zero knowledge not only of technology, but of the overall knowledge of the stock market environment. This is exactly the application of the statement from a few years ago that I can teach HGM way of trading to anyone /who wants/ so that it is profitable in the long run. Will get a live account sharp within the next year, so far he is averaging 10% per month on the demo with minimal DD. I’ll consider /yet to see/ whether I’ll link it to My fxbook so my claims can be transparently tracked, or just post them in our HGM paid section from time to time. Despite all that, I don’t think I need to prove anything, as all you HGMers are proof of the success of the HGM way of trading. HGM-ers don’t really deal with loss, we only deal with the amount of profit, and that is based on our mental preparedness. This topic is my personal favorite. “Know thyself” is what we start with in the HGM Academy. Self-development, tokzas, putting HGM principles into practice is what we emphasize the most here. Of course, the outcome is what everyone is most interested in, but if you don’t know yourself, you can’t prioritize or set goals, and therefore you can’t determine the way of doing business that will work for you. The online world offers a huge number of ways of doing business, but you can only change yourself, so you should focus on yourself first, get to know yourself properly and then look for a way of doing business that suits your character as much as possible. Otherwise, it definitely won’t work for you.
This is the fourth self-reflection in a row /2018, 2017, 2016/ and the most positive realization for me is that we basically still revolve around one way of doing business /thinking/. We are just tweaking, refining and most importantly simplifying one way. We don’t jump around and look for new and new systems all the time. We are clear about what we do and what we want.
