Back To The Future VS Trading

 

The DeLorean time machine is back!

 

The Back to the Future stars Doc Brown (Christopher Lloyd) and Marty McFly (Michael J. Fox) reunited and shared the stage at the New York Comicon 2022. 

This is where they reminisced over their iconic roles in the beloved film trilogy.

There were a bunch of mixed emotions but mostly the feeling of nostalgia and childhood memories…

That night, I went straight to Netflix and enjoyed the Back To the Future Marathon…

It was super interesting to watch a movie when at the time, they were trying to predict the future by making a number of predictions about 2015…

They certainly got a few spot ons such as:

• Smart watches

• Hover boards

• Virtual reality headsets (which we use Quest, PlayStation and even HTC)

• Talking from TV to TV (Instead we use tablets and smart phones, but close enough)

• Donald Trump like figure as president

They also made a few wrong predictions like:

• People wearing their pockets inside out

• Dogs having drones walk them (but we do have drones though)

• Mechanical car fuel attendants

• Pizza hydrators

But overall, there is a very big lesson we can learn from this…

 

If scientists, businessmen, producers, directors and actors can’t accurately predict the future, nobody can.

And trading the financial markets are similar to “Back to the Future” movies.
It’s unpredictable and normally plays out differently to what we think…

Thing about the future is… When you know what is going to happen and you act according, the future changes…

Let’s say you know what’s going to happen at a certain point in the future. If you act according to what will happen in the future, then your action will change the future.

So, if the future is so unpredictable, how can anyone ever make money from trading?

Simple.

You don’t need to know the future when you trade

When you take a trade, you should never try to predict where the market will go.

Instead, we should base the future predictions and decisions on one word.
Probability.

If the market is moving up, there is a higher chance it will continue to move up. (It’s going up for a reason).

If the market consolidates in a sideways formation and then the price breaks down, there is a higher chance the price will continue to move down.

This why my one and only MATI Trader System is and will always be timeless and forever profitable. And why it’s one I’m sharing to you and my MATI Traders.

YES! I want to be forever profitable with Timon’s MATI Trader System Programme.

We say, go with the trend rather than against it… Our job is not to predict every turn and bank a profit from every point move.

Our job is to anticipate a change in the market, wait for confirmation and then act accordingly to follow the MORE likely scenario… You might not get it right 30% to 40% of the time, but you can get it right 50% – 70% of the time during certain market environments…

That’s all I do when I do trades and analyses… I base probabilities on where a market is more likely to go at a certain time…

If I’m wrong, I adjust – rather than deny…

This was a short reminder of why you don’t need to predict the markets to make it as a trader.

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T.G.I.M

 

We live in a world where…

Most people hate Mondays…

Not only that…

They wait 5 days to finally enjoy and live two measly days.

They live for the weekend ONLY.

That’s sad…

But let’s try to conceptualise how lucky you actually are…

Every action that your great, great, great, X 1,000 grandparents did, is the very reason you get to enjoy consciousness and existence in this blip of time.

If just one of them got up to get a glass of water instead, you wouldn’t be around…

Then let’s talk about that one day…

Out of the millions of swimmers in one occasion on one day, you were the winner.

YOU WON THE GIFT OF LIFE.

That is a reason alone to celebrate every passing minute of your life.

You won the cosmic lottery…

Then, as life progresses you learn what you like, how to live and who to live with.

You adapt to your idiosyncrasies, tastes, habits and interests…

That’s what makes life a little easier to get through…

And… Technology continues to outperform each year.

We now have ways to communicate online, build our own empires and make an income through different career choices.

Whether you enjoy investing, horse racing, online gambling or my favourite (financial markets trading), you have a multitude of options to choose and benefit from…

And because you’re reading this email today, tells me one thing…

You have that passion, determination and discipline to try out the trading thing…

Am I right?

So what does this have to do with T.G.I.M?

You need to stop saying “I hate Mondays” and start saying…

“Thank God It’s Monday”

Each Monday you start a new journey of life experiences to take you on the path of success, financial freedom and happiness…

Mondays and the rest of the week days, are the days when you have the opportunity to grow your financial position.

Each day you learn, adapt and grow your portfolio, is another day closer to achieving your freedom.

Also, you can ONLY get better.

Find a reason to love Mondays.

Next week wake up and say with confidence. T.G.I.M.

If you enjoyed this article let me know by sending an email to timon@timonandmati.com.

Take a “Think Week” Bill Gates

 

One of the greatest lessons I’ve learnt as a trader and entrepreneur was from…
Bill Gates.

Twice a year, Bill Gates goes somewhere special to have what he calls a “Think Week”.

He bans all communication from his family, friends and employees.

He then takes a bunch of books and uses this time to read, come up with new ideas and work on personal development.

He told the public that many breakthroughs at Microsoft came from these “Think Weeks”.

When I learnt this lesson, my trading went to a WHOLE new level.

Here’s what I did…

Sun City helped me create the MATI Trader System!

Basically, I would book two weeks to stay at the Vacation Club in Sun City.

To create the MATI Trader System, I used to dedicate a full week to analyse, optimise and create the strategy.

My view each day was waking up to the sound of different animals and the view was breath taking in nature with the tall trees and green grass.

Mind was calm and was in full trading mode.

I would go through a number of different financial markets, back test trades that lined up and prepared the statistics for the system.

Each day was a breakthrough without any distractions, noises and other obligations.

I highly encourage you to do the same.

Now I use ‘Think Week’s a little different.

For one, I like to travel to Durban, Cape Town, Dubai or Greece.

And I optimise the MATI Trader System to new international markets, commodities and even crypto-currencies.

And when it comes to my business, I take an entire week creating HD visual and audio events for you.

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Don’t let Captain Hindsight F*** up Your Trading Account

 

Captain Hindsight is bound to get in your head.

Whether you’re just starting out or you’ve been trading for the last 10 years or so.

He is going to question you with two simple words.

And these two words, can really cause a negative impact on your trading portfolio.

In this short article, I’m going to warn you about how he’s going to uppercut your mind and most likely cause havoc with your trading.

This way, you’ll know what to watch out for.

    A dangerous two word question to interfere with your trading

What if?”

Here are some…

“What if the market is in a bubble and I buy too high?”

“What if I’m wrong about this trade?”

“What if my trading strategy worked then, but won’t work now?”

“What if the market is in a period where I’m just going to take losses?”

Whenever the captain whispers these questions, you’re going to feel vulnerable and start second guessing your trading system, strategy and skills.

Succumb to the Captain and he’ll be back stronger and more powerful than the last time.

Here are THREE ways to beat Captain Hindsight before he returns

   ACTION #1:
   Extend your back-testing

So you have a trading system that you believe works… Prove it.

Go back and re-test different markets and jot down every time the system lined up.

Record every trade, including the costs and the statistics and prepare yourself for what is to come.

The more you back-test your system, the more markets and environments it would have weathered and endured. If it came out with all time highs on your portfolio, it’s a winner.

Captain Hindsight – won’t have anything on you – with a decent track record…

    ACTION #2:
    Drop your risk

The most common way for a trader to feel emotional, is when they have a lot to lose.

The larger your trading position, the more desire to win and the more fear you’ll have to lose.

This is why greed, fear and panic are the most ongoing reasons for traders to annihilate their portfolios.

Trading is a get rich slowly but surely game. And when you accept the gains and losses, you won’t care what the Captain has to say.

    ACTION #3:
    Step away from the screen

Not only will Captain Hindsight creep in before you take a trade. He’s bound to enter your mind while you’re in the trade.

“What if you’re wrong about this one?”

“What if you get out of your trade now while you’re in a profit?”

“What if you take a small loss, because it looks like this trade is a loser?”

The best action to take, when you’ve entered your trade with your trading levels (Entry, Stop loss and Take profit), is step away from your trading account.

Distract yourself by getting a drink, water your garden, take a drive or do other work.

The less you’re glued to the screen watching your trades, the less you’re going to feel worried about the small moves that happen in the day.

Always remind yourself…

“My trading strategy will REWARD me for following it.
My trading strrategy will PUNISH me for NOT following it.”

These three actions will eventually help you beat Captain Hindsight for good, as it did for me over 10 years ago.

Let me know if you found this article helpful by clicking here.

If you want to be a Premium MATI Trader and secure a 28.57% discount send me a blank email by clicking here…

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