The difference between being a successful trader and a losing trader can sometimes only be a few key things. My definition of successful trader: is one that is consistently profitable, that does not mean that the trader has to make millions as long as he or she is consistent in there profits. Over time if you are consistently profitable you can be a forex winner. Even if you are not making much now.
Which brings me to the main point of this article. Yes you can be a forex winner but you need to change some of the areas in your trading that are keeping you from success. What is that area? You need to decide for yourself, do some self evaluation find that area and then fix it. It is a simple concept but it is much harder to do then you realize, but it can be done and you can do it!
So what is the area?
- Trade Size too big?
- Not Following Strategy?
- Not following your trading plan?
- Do not have the right mental Attitude?
- Not having a trading plan in the first place?
Yes you can be a forex winner! I encourage you not to give up, for those of you that have made that step please join in with a word of encouragement in the comments below. I have found that one of the most important tips I can give is to not have a trade size that is too large for your account. That is a recipe for a margin call and a margin call will is unacceptable and will mess up your mind.
I have identified some common areas for traders to get hung up on in the list above. Is there any other areas that I have forgot to mention? Is there any area here that you need work on that I have mentioned if there is leave a comment and I will answer some tips on how you can fix those areas. I currently have a video posted about Forex confidence that you can check out.
You can also ask me questions on twitter I always answer all of them on twitter and on the comments on my site.
Thanks for reading I hope this post has been helpful.
Please leave a comment below if you have any questions!
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