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We empower members with our personal
mentorship to success with funded and
own account Forex and CFD trading
Fact sheet: Mentorship Program
Personalized mentoring
The Term
Start any time after sign-up 12 months duration
(Extra to time accommodate end-of-calendar year period)
Option to upgrade to Life during / after initial term
Option to immediately start with Life program
Life program has no time limit and no further payment
The Process
Complete mentorship questionnaire
Discuss questionnaire, recommendations
Complete application
Arrange payment
Start the mentor program
Delivery Channels
e-mail:
Lessons and tasks & feedback
Progress reporting & feedback
Member questions & answers
Online Forum:
Weekly briefings & intra week follow-ups
Other relevant analysis / supporting content
Member questions and answers
Personal discussions & clarifications
WhatsApp (text, voice, video)
The Content
Personalization
Learning more about the person
Practicalities
Fl!p your thinking (extra)
Progress reporting starts
Making a paradigm shift
The 4-by-1 + 1 approach
Median grid trading
Relational analysis
Trading:
Applying the 4-by-1+1 principles
First steps in relational analysis
Evaluation & support
Trading plan
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Fees: Personal Mentoring
(Valid until 31 January 2025)
Term: 12 months
$1,600-00
Payment Plan $400 + $200 x 8 monthly
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Term: Life
$3,300 once off
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Upgrade to Life
Per arrangement
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Continue without Upgrade
Briefings and other RA - $300 yr / $30.00 mo
Include e-mail Q & A
Self-study guided course
The Term
Start any time after sign-up 6 months duration
(Extra to time accommodate end-of-calendar year period)
Option to upgrade to 12 months personal mentoring
Option to upgrade to Life program
Life program has no time limit no further payment
The Process
Complete mentorship questionnaire
Discussion questionnaire, recommendations
n/a
Arrange payment
Start the guided self-study program
Delivery Channels
e-mail:
Lessons and tasks & feedback
n/a
Member questions & answers
Online Forum:
Weekly briefings & intra week follow-ups
Other relevant analysis / supporting content
Member questions and answers
n/a
The Content
Personalization
Learning more about the person
Practicalities
Fl!p your thinking (extra)
n/a
Making a paradigm shift
The 4-by-1 + 1 approach
Median grid trading
Relational analysis
Trading:
Applying the 4-by-1+1 principles
First steps in relational analysis
Evaluation & support
Trading plan
-------------------
Fees: Guided Self-study
(Valid until 31 January 2025)
Term: 6 Months
$800-00
Payment plan: $400 + $200 x 3 monthly
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n/a
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Upgrade to 12 Months or Life
Per arrangement
----------
Continue without Upgrade
Briefings and other RA - $300 yr / $30.00 mo
Include e-mail Q & A
Fact sheet: Trading Firms
Introduction
Over time it became clear that a lack of enough trading capital was a real problem for retail traders.
A lack of enough trading capital is the biggest problem in my own client base.
For many, the effort seemed to be not worth it. A realistic return on even $10,000 fall well short.
As a result many of my clients became dormant, not because they lost money, but because they lost interest.
For its own sake and profitability the industry had to find solutions for the under-funding problem.
The solution is providing enough notional, seed and investor capital, with real money profit to traders.
Own Account Trading
Darwinex is a well regulated traditional forex broker and asset manager.
Darwinex worked on a solution for the "under-funding" problem since its inception in 2012.
The Darwinex business model, from an own account trader's perspective:
Open, fund and trade a typical forex trading account.
Option to get access to extra trading funds by creating a Darwin***.
Darwinex offers a pool of seed capital for Darwins based on own account trading results.
Traders can also get funding from outside investors in their Darwins.
Traders receives 15% of profits generated on seed capital or investor capital.
The most successful Darwin currently (2024) has seed and investor capital of $28 million.
Multiple Darwins have seed and investor capital between $1 million and $10 million.
*** A Darwin is liquid trading strategy listed on the Darwinex exchange.
Visit the Darwinex website by clicking the Logo above for all offers, rules and T&Cs.
Virtual Trading
DayForex is an independent affiliate of Darwinex Zero.
Darwinex Zero is part of the Darwinex ecosystem.
Differences between Darwinex Zero and 'prop firms':
Darwinex Zero has no evaluation or test.
Darwinex Zero has no 'special' rules like drawdown limits.
Trader pays a monthly fee and receives a $100,000 virtual account.
Traders compete for Darwinex' seed capital and the opportunity to receive investor funds.
Own account traders compete for seed capital and the opportunity to receive investor funds.
Visit the Darwinex Zero website by clicking the Logo above for all offers, rules and T&Cs.
Prop Trading
The new generation prop firms offer traders real money profits for trading virtual capital.
In order to qualify for real money profits traders pay a fee to do a trading evaluation.
The fee for an evaluation is +/- 0.5% to 1.0% of the virtual capital they trade with.
General rules are limitations on daily losses and overall losses.
If rules are breached in the evaluation and funded phase the account is terminated.
In the case of account termination the trader must start afresh (if they want to).
After passing the evaluation traders receive from 80% of their virtual profits in real money.
The same rules apply to trading the Evaluation and the "Funded" account.
DayForex is an independent affiliate of FundedNext.
Funded Next is a popular, large, well managed and funded prop firm with a good reputation.
What distinguishes Funded Next from all other prop firms is that they pay
15% of the profits of the evaluation phase as profit share.
We recommend a specific 2-phase program offered by Funded Next.
Visit the FundedNext website by clicking the Logo above for all offers, rules and T&Cs.
DayForex is an independent affiliate of FTMO.
FTMO is one of the most established prop firms in the Forex & CFD retail market.
From a stability and systemic risk basis they are regarded as the industry leader.
Unlike many other firms FTMO offers only one 2-phase program.
Visit the FTMO website by clicking the Logo above for all offers, rules and T&Cs.
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Introduction
When I first wrote Bird Watching in Lion Country (BWILC) back in 2004, I called it "contrarian" and used the slogan "telling it like it is." By 2009, I realized I hadn’t gone far enough. BWILC wasn’t just a pushback against popular opinion — it stood firmly against an entire trading mindset that had taken hold of the retail forex world.
All those years ago traders (new and struggling) had the same problems new and struggling traders have today. But BWILC opposes much more than a common, flawed "trading system". The question is what contributed to the fact that there is such a common, flawed trading system, everybody flocks to.
Short-termism
The biggest problem with retail trading today, and back then, is its obsession with short-term results. From day one, traders are lured into thinking that quick wins are not only possible but expected.
Social media has only made this worse. The trading industry, always hungry for fresh blood, saw social media as the ultimate cash cow. And so they flooded it with a message: hurry up, start trading, make money fast. It didn’t matter whether the advice was true or not. The goal was to get people in the door, trading, losing, and repeating the cycle.
Aspiring traders want to learn fast, trade fast, and profit fast. Brokers want them to start trading right away—some even push traders straight into opening an account without proper preparation. Prop firms are in a rush too, selling evaluations with the promise of quick success. Educators and affiliate marketers? They’re no different, offering short courses with a money-back guarantee, implying that within six weeks, everything will magically "click."
This is the flawed mindset BWILC has always opposed. It wasn’t built for the short-term hustle, and neither should your trading be.
The Leverage Illusion
So, how do traders think they’re going to make money quickly?
Leverage.
The pitch is simple: deposit $500 and "control" $100,000. The keyword here is "control." It gives traders the illusion that they’re in charge, especially in a market as volatile and unpredictable as forex and CFDs. But here’s the truth: you may control your account size, but you have zero control over the market.
Leverage is a dangerous thing. It’s unpredictable, like a wildfire you can’t contain. Once traders get a taste, they want more — not 30:1, not 50:1, not even 100:1 — they crave 200:1 leverage. The problem? This all stems from the same flawed idea: that more leverage equals more profits, faster.
This is where the common trading systems get it wrong. They start with high leverage and build from there, ignoring that this is the root cause of most traders’ losses. The same problems that plagued traders 20 years ago still exist today, and it all ties back to one thing: excessive leverage.
FLIP your Thinking
If you break down the so-called "rules" of retail trading, you’ll see the same pattern:
At first glance, this looks like solid advice. It’s what most new traders are told to follow, and some do it very successfully. But here’s the reality: despite following these steps, 70-90% of traders still lose money. Why? Because the core problem remains — too much leverage.
Traders don’t want to address it, and the industry doesn’t either. Brokers make more money from high leverage (more commissions and fees). Prop firms benefit from fewer payouts. Educators cling to it because they can’t admit they’ve been teaching the wrong approach. And traders themselves are hooked on the dream of faster, bigger profits.
But when you address the real issue — trading with excessive leverage — everything changes.
The FLIP YOUR THINKING course is designed to help you see this shift for what it really is. It’s a fundamental reorientation of how you view trading, leverage, and risk. With the added bonus of personal mentoring, your chances of succeeding in this market improve drastically. You’re no longer playing the same flawed game; you’re flipping the entire approach.
Module 1
Motivation to Trade
Why do you want to trade? Should you maybe Fl!P Your Thinking about your Motivation to Trade? In this module we look at this important question. We consider Daniel Pinker's work on motivation. We apply it to trading. But first I want to share something about my own experience. Let's dive into it.
Module 2
Luck and Skill
Goal setting is a great way to improve the odds for success in your endeavours. Should you maybe Fl!P Your Thinking about your goals for trading? Based on your motivation some truths about trading are universally applicable. But these truths are not easily accepted by eager to be rich-very-soon traders.
Module 3
Leverage and margin
Should you maybe Fl!P Your Thinking about leverage?
Before we dive into the technical aspects of this very important factor in successful trading, we will have a good look at forex brokers (and prop firms). We have to use them to our advantage but we must beware of becoming one of their ideal clients.
Module 4
Make a Paradigm shift
Should you maybe Fl!P Your Thinking about what a winning trading 'formula' is? There are lots of gamblers with no clue what they do who will forever lose.
But, there also is a group who put in the hard yards and long hours in skillful analisys, textbook risk management, serene trading psychology, even journaling and meditation. Yet, they continue to lose. Why?
Module 5
More about Prop Trading
Should you maybe Fl!P Your Thinking about prop trading? That prop trading is the new game in town is undeniable. But - not unlike classical forex trading - the success rate is low. One of the reasons is the demographic of typical prop traders. They are young, have less experience and is prone to reckless, if not gambling like trading.
Module 6
How to Trade
Is trading really as simple as this: Take your favorite trading device, at the time of day that suits you best, on the time frame of your choice, in the instrument of your liking, 'high probability setup' found, 2% stop placed, emotions in check, journal up-to-date, mindful as the Dalai Lama himself? Maybe you should Fl!P Your Thinking about this.