Forex Mastery - The Circle of Life

In his book "Outliers," Malcolm Gladwell exploresDonald Trump is an American business magnate,
why some people succeed, living remarkablysocialite, television personality, and author. He is
productive and impactful lives, while so manythe Chairman and CEO of the Trump
more never reach their potential.Organization, a US-based real-estate developer.
Challenging our cherished belief of the "self-madeTrump is also the founder of Trump
man," he makes the democratic assertion thatEntertainment Resorts, which operates numerous
superstars don't arise out of nowhere, propelledcasinos and hotels across the world. Trump's
by genius and talent: "they are invariably theextravagant lifestyle and outspoken manner have
beneficiaries of hidden advantages andmade him a celebrity for years, a status amplified
extraordinary opportunities and cultural legaciesby the success of his NBC reality show, The
that allow them to learn and work hard and makeApprentice (where he serves as host and
sense of the world in ways others cannot."executive producer).
A key point in his book is that Malcolm assertsA self-made BILLIONAIRE, he continually strives
the fact that "MASTERY" in any subject takesto create market space in his area of expertise.
about 10,000 hours to attain.So check it out. What do you see as the
As I ponder more on this question, I'm convincedCOMMON THREAD among all four of them? Didn't
that MASTERY is modeled upon the evolutionarythey pass through the phases of Learning, Earning
phases of Learning, Earning and Creating (L.E.C.).and Creating to attain mastery in their chosen
Mastery in any aspect of life hinges upon these 3fields?
phases.1) Ferran Adria LEARNED about being a great
Lets delve deeper on this subject and take a lookchef, EARNED millions as a top head chef, and has
at 4 key areas that make up the "Circle of Life"CREATED amazing experiences in "molecular
itself, and 4 people that have attained mastery ingastronomy" and "culinary foams."
these areas:2) Federer LEARNED about playing great tennis,
1) FoodEARNED millions from it, and has gone on to
2) SportsCREATE consistent results on the ATP tour year
3) Arts/Entertainmentafter year.
4) Business3) Michelangelo LEARNED about art, EARNED
Foodmillions from it, and CREATED countless
Famed legendary head chef of the El Bullimasterpieces thereafter in the areas of sculpture,
restaurant in Spain, Ferran Adria is considered onepainting and even poetry.
of the best chefs in the world and tops the4) Trump LEARNED about real estate from his
European Restaurant Ranking.father Fred, EARNED millions from it and currently
Under his leadership, El Bulli has attained 3 MichelinCREATES many business ventures that span
Stars and was voted the best restaurant in theacross real estate, casinos, beauty pageants and
world in 2006, 2007 and 2008. El Bulli is famousTV shows.
for being the ultimate pilgrimage site for foodies,A Forex Trader is no different. He must pass
and a reservation that is nearly impossible tothrough the phases of Learning, Earning and
obtain.Creating to MASTER his financial destiny in the
Each year El Bulli is open for just six months, andmarkets.
receives more than 2 million requests for onlyIn the Learning Phase, a trader understands
8,000 seats. Renowned for his spectacularcertain principles like Market Structure, Trading
ever-changing 30-course tasting menu, Adria'sConcepts and Trading Platform.
pioneering culinary techniques have beenIn the Earning Phase, a trader understands the
applauded - and imitated - by top chefs aroundEXACT keys that will enable him to slice profits
the globe for the past decade, and he wasoff the market. When he should buy, when he
named one of Time magazine's 100 mostshould sell and when he should stay out.
influential people of our time.In the Creating Phase, a trader has identified the
Sportsspecific steps & rules he needs to NOT ONLY
Currently recognised as the World Number 1create his trading system, but execute it faithfully
tennis player, Roger Federer has won 16 Grandso that he generates consistent returns.
Slam singles titles, more than any other maleSo that explains the Circle Of Life.
player in history. He is one of only six maleLEC
players to have captured the career Grand Slam.Many traders make the FATAL MISTAKE of
Federer also holds the record of reaching 10abandoning their trading system after a couple of
consecutive Grand Slam finals and has appeared innegative results. This is when the get "stuck" and
18 of the last 19. As a result of his successes indon't push ahead to achieve consistent results.
tennis, Federer was named the Laureus WorldListen. Losses are part of the game. No one wins
Sportsman of the Year for four consecutiveevery trade.
years (2005-2008).No one.
Arts/EntertainmentIn Forex, you can "win & be wrong" but you can
Michelangelo was the best-documented artist ofalso "lose and be right."
the 16th century. Two of his best-known works,Getting fixated with "ratio of winning trades to
the Pietà and David, were sculpted before helosing ones" is a loser's game. Don't go down that
turned thirty. Michelangelo also created two of thepath.
most influential works in fresco in the history ofLet's focus on "trading right first." Profits will
Western art: the scenes from Genesis on thealmost always follow as an after-thought.
ceiling and The Last Judgment on the altar wall ofThe surest way for your account to grow is
the Sistine Chapel in Rome.when you achieve MASTERY. The steps, again,
In a demonstration of Michelangelo's uniqueare Learning, Earning and Creating. Creating is the
standing, he was the FIRST Western artist whoseall-important phase. This is when habits have been
biography was published while he was alive. In hisingrained, and you are now repeating your actions
lifetime he was also often called Il Divino ("Theon a consistent basis to generate significant
Divine One").results.
One of the qualities most admired by hisWhen you are at this stage, here's the BONUS
contemporaries was his terribilità, a sense of-you would have mastered yourself.
awe-inspiring grandeur, and it was the attemptsThis is when you are truly, an UNSTOPPABLE
of subsequent artists to imitate Michelangelo'shuman being.
impassioned and highly personal style that resulted"The epitome of success is mastery. The
in Mannerism, the next major movement inessence of mastery is creation." -Mario Singh
Western art after the High Renaissance."We are what we repeatedly do. Excellence then,
Businessis not an act but a habit.