Dmitri Chavkerov ~ Solving the Inner Wealth Puzzle ~ Chicago Business Journal

Dmitri Chavkerov on Solving Inner Wealth Puzzle for Chicago Business Juornal

Dmitri Chavkerov of Forex Peace Army states that people are often misled by assumptions that if they get a better job or get involved in a more profitable business, their bitter struggle around money would get resolved. Dmitri has a different belief, which is that even when people acquire large amounts of money, the bitter struggle around money may remain, by simply changing from desire to acquire it to fear of losing it, and many times this fear is even worse than the initial desire. Unless, one alters the inner money principles, it becomes difficult to achieve success.

Dmitri Chavkerov of Forex Peace Army Shares His Personal Story to Solving The Inner Wealth Puzzle And Becoming a Successful Trader

NORTH PORT, Fla., Feb. 18, 2014 /PRNewswire/ — Dmitri Chavkerov, CEO of Forex Peace Army, shared with traders his personal story, hoping to help them solve their inner wealth puzzle, pertaining to successful trading practices. Dmitri Chavkerov is the brain behind Forex Peace Army, a popular forex trading portal that provides trustworthy information on the foreign exchange trading space. Dmitri Chavkerov has helped bust many myths surrounding forex trading and has contributed to the development of the forex field.

According to Dmitri Chavkerov, it is the inner factors that influence people’s actions and trading decisions, while outside factors often cause only superficial effects.

“There were many apple trees growing in the city that I grew up in, so during my childhood I picked apples from these trees. Some of the trees bore sweet apples, others bore sour apples, while others bore bitter apples that were almost impossible to eat. When I was a kid, I was very ignorant, so I thought that if the trees that bore bitter apples would get more sunlight and water, their apples would become sweeter, but it never happened. Regardless of the weather, the trees that bore sweet apples continued to bear sweet apples, and the trees that bore bitter apples continued to bear bitter apples. The blueprint of the fruit was inside of the tree, and the only way to change the taste of its fruits was by changing something in the tree itself,” says Dmitri Chavkerov of Forex Peace Army.

Dmitri Chavkerov of Forex Peace Army states that people are often misled by assumptions that if they get a better job or get involved in a more profitable business, their bitter struggle around money would get resolved. Dmitri has a different belief, which is that even when people acquire large amounts of money, the bitter struggle around money may remain, by simply changing from desire to acquire it to fear of losing it, and many times this fear is even worse than the initial desire. Unless, one alters the inner money principles, it becomes difficult to achieve success.

“I shared a living space with a very interesting man, whose name was Glenn Pennock, and who had a very successful business. He had certain spiritual abilities, which were beyond my understanding. Once in a while Glenn would take out his pointed crystal, which was very sharp, and had me lay on my stomach to purify certain nerve channels and open up certain dormant nerve channels along the spine. One time, as he pressed on one of the nerves with his crystal, that nerve released certain memory, which Glenn was able to see. He told me that he saw me standing as a child in front of a house that was being burnt down by fire. He also said that this experience had something to do with money, and it became imprinted in my subconscious mind, and has been driving my financial situation ever since. He asked me to meditate on this,” says Dmitri Chavkerov, President of Forex Peace Army.

Initially, Dmitri Chavkerov was not able to recall the memory no matter how hard he tried but suddenly he did remember. He remembered a certain house completely engulfed with fire and a man was trying to get back into the house as he claimed to have hidden a lot of money inside. Dmitri Chavkerov of Forex Peace Army thought that this man was crazy for being ready to get burnt and possibly die, in order to save some paper.

“I told Glenn about what I remembered, and he told me that this memory was one of the reasons why I never could keep any money. As soon as I would accumulate a sum of $30,000-$50,000 in my savings, I would burn it all on some bad business investment. Glenn told me that this experience of me seeing this desperate man being ready to die in order to get to his monetary savings, programmed a belief into my subconscious mind that having significant amounts of money in savings is dangerous for my life, so as soon as I would accumulate a significant sum, my subconscious mind would find a way to get rid of it, in order to protect me,” says Dmitri Chavkerov CEO of Forex Peace Army.

Forex Peace Army Chief Dmitri Chavkerov understood the issue and worked through it via meditation.  Chavkerov recommended his site visitors to revisit their childhood memories for occurrences similar to his, and see whether they can discover patterns of how those occurrences are shaping their trading.

SOURCE: Forex Peace Army

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Forex Peace Army in New York Financial Press | Cash Out Goal is One of the Most Important Rules for Forex Money Management

Forex Peace Army - Cash Out Goal Story in New York Financial Press

“My cash-out goal is very simple. As soon as I double my trading account, I withdraw half of the profits, and try to double the account again. So if I had a $10,000 account, I would have a goal to grow it to $20,000. As soon as I would get to that goal, I would withdraw half of the profits, so $5,000, and $15,000 would remain in the account. Then I would double that account again to $30,000, again withdraw half of the profits, so $7,500, so the account would be at $22,500, at which point, I would try to double it again,” says Dmitri Chavkerov, Forex Peace Army Chief. n

Forex Peace Army President Dmitri Chavkerov Advises Traders to Have A Cash-Out Goal For Managing Forex Money Effectively

NORTH PORT, Fla., Jan. 7, 2014 /PRNewswire/ — Forex Peace Army President Dmitri Chavkerov advises traders to have specific cash out goal in order to manage money in an effective manner. Money management is a vital area in forex trading and traders needs to be well aware of the principles and rules regarding the area. Dmitri Chavkerov, who founded Forex Peace Army, is a well-known name in the forex trading field. Dmitri Chavkerov has been serving foreign exchange currency trading space for the past several years and his Forex Peace Army website is a trusted and reliable trading portal for traders all over the world.

One of the most important rule for forex money management is that you must have a cash-out goal,” says Dmitri Chavkerov of Forex Peace Army.

According to Dmitri Chavkerov, traders who have cash-out goal will have a specific trading plan in order to meet that goal. Successful forex trading is largely about effective money management. Those who have a proper money management plan achieve higher rate of success in the trading space than those traders who do not have a specific plan or goal in hand. Traders who have a plan in hand move towards attaining their goal and are able to meet the target set. This is the reason why experts always recommend traders to set a goal and then venture into trading.

“People that have a cash-out goal will certainly reach that goal quicker than people that do not have such goal,” says Dmitri Chavkerov of Forex Peace Army.

Dmitri Chavkerov, who provides global traders exceptional guidance on forex trading, believes that cash-out goals will provide traders a perfect direction to achieve success. Traders with no proper goals would eventually face issues with managing their trading accounts effectively. Moreover, they would lack the motivation to proceed which is only made possible by a proper and concrete goal.

Dmitri Chavkerov has been a successful forex trader who has provided traders all over the world with a high probability trading system called The Diamonds Trading System using which traders can maximize their returns and profits in forex trading. Cash-out goals can be of different types but the traders need to make sure that they are practical, sensible and achievable. One of the best cash-out goal ideas is to start withdrawing half of the profit from the trading account and setting a goal to double the remaining profit in the account. This way traders would know where they are heading and are able to make wise decisions.

“My cash-out goal is very simple. As soon as I double my trading account, I withdraw half of the profits, and try to double the account again. So if I had a $10,000 account, I would have a goal to grow it to $20,000. As soon as I would get to that goal, I would withdraw half of the profits, so $5,000, and $15,000 would remain in the account. Then I would double that account again to $30,000, again withdraw half of the profits, so $7,500, so the account would be at $22,500, at which point, I would try to double it again,” says Dmitri Chavkerov, Forex Peace Army Chief.

Dmitri Chavkerov states that a trader who has such a withdrawal plan will be running in circles all day around another trader who does not do any withdrawals and simply does everything to grow his trading account. It is a psychological thing that provides traders with a direction to move in the highly speculative forex trading space.

Dmitri Chavketrov of Forex Peace Army also states that it is important to give to charities part of the profit traders derive from the forex trading activity. Part of money withdrawn from the trading account can be set aside for tithing purpose and the rest can be saved. Forex trading is one field where traders are not serving anybody and giving away part of the income definitely helps to keep conscience clean.

“If you practice giving of 10% or more, you can donate the share from the money that you withdraw from your trading account. You don’t have to worry about the accumulated gains, until you actually cash them out. That’s at least how I do it,” says Dmitri Chavkerov, Forex Peace Army CEO.

Forex Peace Army is a prominent forex trading information portal that has been providing traders with various techniques and tools for carrying out forex trading effectively. Forex Peace Army touches upon a wide range of subjects including reviews, currency analysis and news trading signals, performance testing of signal services and managed accounts and many other crucial activities surrounding foreign exchange arena.

 

SOURCE: Forex Peace Army

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