The main component is determination and discipline. There are a lot of naysayers that Rome these forums. I had to take a break from reading threads for that reason, the negativity could be harmful to your trading. What you need to do is develop a sound trading system and only take the A+ Trades, be patient and wait for your set up. Anything in life is possible. I would never thought a black male like myself who grew up in poverty and faced with all the stereotypes would work his way up from an E-2 to an O-4 in the military. I earned my degree and was determined to become and officer because I wanted to inspire others in the military and challenge myself. I heard NO throughout my childhood and turned the word NO into a motivator. I read these threads just to hear the word NO because that lights a bigger fire. The military has taught me discipline and respect. I'm disciplined enough NOW to wait for my setup and respect these markets enough to trade what I see, not what I expect. Anyone can have that discipline. I hate to use a cliche bit I've been hungry before and that's how I feel about forex. I'm hungry and I have to eat. I'm the Cookie Monster and the forex brokers are the cookie. I'm not trying to eat the whole cookie, I just want the crumbs. Since it's a trillion dollar industry, that's plenty for me. Stay positive, control your risk and keep your eyes on the task/goal at hand. Take one trade at a time and don't let your emotions control your trade. Set your TP and SL and walk away.
- #122
- Sep 28, 2014 4:36am Sep 28, 2014 4:36am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Feel the Fear and do it anyway!!!
- #129
- Oct 8, 2015 9:20am Oct 8, 2015 9:20am
- Joined Jan 2011 | Status: dump and pump | 4,055 Posts
All posts are my personal opinion
- #134
- Nov 6, 2015 1:30pm Nov 6, 2015 1:30pm
- Joined Mar 2011 | Status: I should be on your ignore list | 5,597 Posts