A very thin line separates victory from defeat” – Ricardo Teixeira (Karate World Champion in 1993)

Last year, we had the opportunity to meet the World Champion in Karate Shukokai, Ricardo Teixeira.

In an amazingly inspiring speech of his outstanding achievement, Ricardo repeatedly shared his #1 secret:

Mastering the fundamentals.

Before the World Championship, he spent months and months practicing the very core fundamental moves, spending weeks just a practising a punch, and he did this until he became so great at it that nobody else could beat him.

Nothing else.

Just mastering the pure fundamentals.

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Practicing again and again, until he became the ultimate winner, the best in the World.

Yes, there are some fancy, complicated moves in Karate, which we often see on the TV screens, but it’s mastery of the fundamentals that can be the real difference between victory and defeat.

This made us think about the parallels with trading and it’s not very different when it comes to mastering trading, to becoming really successful.

Many traders, especially at the very beginning of their journey, mistakenly think that profitable trading is about all the latest, fanciest tools: The latest software, the latest AI, the latest indicator.

But years spent with the markets and going through many different trading challenges taught us one universal truth:

It’s not the latest that’s the greatest.

It’s the OLDEST.

The most essential – the core fundamentals.

Trading too has its fundamental rules that need to be mastered and deeply understood before any serious level of expertise can be reached.

'Trading has fundamental rules that need to be mastered and deeply understood before any serious level of expertise can be reached.' Click To TweetSo, let me ask you:

Have you really mastered all of the trading fundamentals?

Things like:

  • Choosing the right markets and timeframes for your trading style that can TRULY maximize your potential,
  • Understanding the key components behind successful trading systems (and also those that fail),
  • Understanding the role of reoptimization, when, why and how to do it,
  • Knowing when to switch trading systems on/off,
  • Understanding the longevity of trading strategies and setting realistic expectations,
  • The best way to approach portfolio construction for smoother equity curves,
  • How to reduce drawdowns without curve-fitting,
  • Selecting a trading style, plus the pros and cons of each,
  • and much more!

If you’re still not sure about some of these topics, then download this free Ultimate System Traders Road Map, prepared by a veteran broker who has analyzed almost 1,000 trading strategies (some of them by very famous traders) and reveals the true fundamentals every trader at any level needs to master first.

Understanding and implementing the core fundamentals is the fastest and easiest way to maximizing the probability that trading will work for you.

'Understanding and implementing the core fundamentals is the fastest and easiest way to maximizing the probability that trading will work for you.' Click To TweetAre you sure you’ve mastered all of the fundamentals?

So much can be learned from studying the fundamentals again and again, so much insight and wisdom at any stage of trading mastery.

This is where the journey to profitable trading truly begins…

It could be the difference between your victory or defeat.

Tomas and Andrew

P.S.
Download this free Ultimate Map of Trading Fundamentals and make sure you’ve mastered them all already.

 

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DISCLAIMER: Trading involves significant risk of loss and is not suitable for everyone. People can and do lose money. Hypothetical results have many inherent limitations. Past performance is not necessarily indicative of future results.

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