TRADING DOJO
Welcome To Your Trading Dojo
There is much work to be done in the Ninja Trading Dojo. If you have the patience to see this through, you will have the tools to win at the trading game.
Place Of The Way
Dojo means “place of the way”.
A dojo is where you practice and train the way of anything. An approach that leads to enlightenment through self-control, perseverance, and confidence.
A dojo does not need to have a material space. Hence, a “place of the way” can be anywhere.
That said, it needs to be a place where you can truly connect on a mental and technical level. A place of enlightenment and a route to where you want to go.
In our Trading Dojo, that route or path is toward a better understanding of the trading market and a stronger version of ourselves. Practicing our chosen art and developing the potential hidden within.
Above all, smart practice, intense training and steady progress are the fundamental cornerstones of the Trading Dojo.
In our Trading Dojo, sharing of knowledge always comes first.
Always.
Markets Are Never Wrong
It was Jesse Livermore that said, “markets are never wrong – opinions often are.”
There’s a lot of traders out there searching around the internet forums and chat rooms for the hot trading tips.
As a result, a whole industry is built on providing those same hot trading tips and trading strategies.
The reality is that not all of those hot trading tips and trading strategies work in practise.
We no longer go to any other trader or forum to get their opinion or ideas on what they think the charts are going to do.
We’re right 67% of the time, and that’s enough to give us an edge in the trading market.
We didn’t get there right away, and you’re not going to get there right away. We will try to help. Try to help you reduce the learning curve.
Our Trading Dojo is a focus on the key learnings from our trading time in the market. Trading lessons that give us an edge in the market.
In presenting our trading lessons, we are offering our opinion and our approach to trading.
Only you can decide whether our opinion and our approach add value to you.
Trading Belts
The Trading Dojo is the culmination of many hours spent analysing and trading the markets.
We are not Sensei or teachers of the markets. We remain Gakusei or students of the markets. Our view remains that we have more to learn.
The primary objective of our Trading Dojo is to share our knowledge of the markets.
Knowledge based on our experience.
“A little knowledge can be dangerous.” That certainly applies where trading and money are involved.
We have encountered many strategies, tips and methods that have sent us off down “rabbit warrens” where the only reward was frustration.
Many of those same strategies, tips and methods were presented by “professional traders” and brokers.
While well-intentioned, we could see from our trading results that it wasn’t joined up.
We didn’t have the whole picture.
Whilst we may have some way to go in understanding the whole picture, we do now have a more joined-up view of trading the markets.
The Trading Dojo is our version of the market seen through our trading eyes.
A version of the market that has been shaped by more experienced and highly successful traders.
Wyckoff, specifically, has been a major influence on our approach to trading.
You won’t find a trading system or strategy in the Trading Dojo.
If you’re seeking a trading system then don’t waste any more of your time here.
Search online… Google “forex trading strategy” and you’ll be able to choose from the 32,500,000 results.
What you will find in the Trading Dojo are our key learnings.
Ninja Trader In Practice
You start with the basics (mindset). Our yellow trading belt is a focus on developing an effective trading mindset.
Kata (managing risk), our green trading belt explores the risk in trading and how you manage that.
Kumite (market makers) builds on the learnings from the Kihon and Kata phases.
The black belt of trading introduces the Market Makers model and, more importantly, how you can engage with that model as part of your trading.
It is the final step in preparation for trading the market.
The primary aim of each belt is to help you develop your strategy and techniques through our learnings.
Strategies and techniques that you can implement without thought or hesitation.
A “mu-shin no shin” or “mind of no mind” where actions become instinctive.
The freedom to act without stress or anxiety.
Within each phase of the Trading Dojo, there will be elements that you may already know, some aspects that you agree with and elements that you disagree with.
But there is no “right” way to trade the markets, and nobody knows it all.
Start in reality, not some fantasy world.
Learn to crawl before you walk or run.
Mix patience with discipline, focus, hard work, knowledge, wisdom and understanding.
Do things radically different to the other 90%.
No get rich quick schemes – No overnight success.
If you pick-up just one new approach or perspective from our learnings and can apply it to your trading system, you may see that as time well invested.
The rest is up to you.
Yellow Trading Belt
Kihon (mindest) is the start point for gaining a better understanding of the key element required to trade the market.
The Radical Trader Mind
Click on the button below to enter the Kihon phase of the Trading Dojo.
Green Trading Belt
Kata (managing risk)) explores the trading tools and techniques that form the main focus of our daily trading plan.
Managing risk.
Click on the button below to enter the Kata phase of the Trading Dojo.
Black Trading Belt
Kumite (market makers) is the final part of our strategy. Knowledge is power when trading in the market.
Modelling the Market Makers.
Click on the button below to enter the Kumite phase of the Trading Dojo.
The White Trading Belt
We were tempted by the idea of creating a beginners guide to the technical basics of Forex Trading – The white trading belt.
We acknowledged, however, that we would struggle to match the quality of the material provided by Baby Pips.
So we resisted the temptation to re-invent the wheel.
BabyPips is a website that offers a beginners guide to Forex trading. It does so in a way that will not make you feel overwhelmed with the enormous amount of information that you need to know about Forex trading.
BabyPips has a unique feature that they call the “School of Pipsology” – an online forex trading school that can help you acquire the skills and knowledge to become a successful trader.
The School of Pipsology consists of 8 levels of education – starting from Pre-School (where you learn the most basic things about Forex) until Undergraduate level, and finally graduation.
Want to take the course?
Click on the button below.
Yvan Byeajee
“There are so many traps and pitfalls on your way to consistent profitability. People will tell you to do this and to do that but you yourself must find your way – a process that makes sense to you, that you can trust and follow through good and bad.”