Step 1: Confrontation

The Admission

"My name is Alex, and I am a loser. I have it in me to do serious financial damage to myself."

Elder teaches that losing traders are like alcoholics. They trade for the "buzz," not the profit. To recover, you must admit you are powerless over the market.

Herman Insight Admitting you can't predict the market isn't weakness; it's reality. Herman Trading Data replaces your "prediction addiction" with probability. You are powerless, but the Data is powerful.

Step 2: The Framework

The 3 M's of Successful Trading

Successful trading stands on a tripod. If you remove one leg, the stool collapses.

Herman Insight Most traders obsess over METHOD (Strategy). Herman Trading solves Method instantly with backtested signals, allowing you to focus 90% of your energy on MIND and MONEY.

Step 3: Psychology

Mind: Emotional Sobriety

"The goal of a good trader is not to make money. The goal is to trade well. If you trade well, money follows."

Are you trading for excitement (drunk) or for execution (sober)?

Herman Insight It's hard to stay sober when you don't know the odds. Herman Trading acts as your "Sponsor," reminding you of the probabilities so you don't relapse into gambling.

Step 4: Strategy

Method: Go With The Trend

Elder treats trading like sailing. You don't control the wind (Market), you control your sails (Method).

Herman Insight "Is it a trend?" is a subjective question. Herman Trading turns it into an objective fact. Our algorithms define the trend state daily, removing the guesswork.

Step 5: Risk Management

Money: Survival First

"Amateurs focus on how much they can make. Professionals focus on how much they can lose."

You must survive the learning curve. If you run out of chips, the game is over.

Herman Insight Herman Trading prioritizes "Drawdown Control" over "High Returns". We build strategies designed to keep you in the game forever.

Step 6: The Iron Rule

The 2% Shark Bite

Elder's Golden Rule: Never risk more than 2% of your account equity on a single trade. If you risk more, the Sharks (Institutions) will smell blood.

Herman Insight Calculating 2% manually is boring. Herman Trading tools automatically calculate your position size based on volatility, ensuring you never violate the Shark Rule.

Step 7: Account Protection

The 6% Rule

If you lose 6% of your account in a month, you must STOP TRADING for the rest of the month. You are essentially "sick" and need to heal.

Herman Insight The 6% rule saves careers. Herman Trading provides "Equity Curve Alerts". If your account dips near the 6% limit, we tell you to step away before you blow up.

Step 8: Accountability

Record Keeping

Show me a trader with good records, and I'll show you a good trader. Your journal is your mirror.

Herman Insight Manual journaling is prone to bias. Herman Trading automatically logs every signal, entry, and exit context, creating an unbiased "Medical Record" of your trading health.

Step 9: Internal Conflict

Gut Feeling vs. Head

"The market is a giant pump that sucks money out of the pockets of the disorganized and pumps it into the pockets of the disciplined."

Your gut says "Sell! It's crashing!". Your head says "Support is holding." Who wins?

Herman Insight Gut feelings are just indigestion. Data is reality. Herman Trading is 100% Head, 0% Gut.

Step 10: Discharge

Clinic Graduation

You have admitted your powerlessness. You have learned the rules. You are ready to leave the clinic.