Forex Focus EP 4 – Developing Discipline In Trading
So you want to be successful in trading? The truth is, a lot of aspiring traders come into this industry with hopes of achieving success, but only about 10% actually do. What’s the difference between the 10% and the failing 90? DISCIPLINE. The greatest athletes and entrepreneurs we all know and love like: Mahamad Ali, Kobe Bryant, Steve Jobs, etc,weren’t great just because. They were great because they were committed to being great. They were relentless in their pursuit of greatness, and discipline was their greatest ally.
Episode 3: Mastering the Art of Handling Losses and Staying Positive in Trading
Volatility, emotions, and losses…OH MY! Hey traders, we want to ask you a question…did you get into trading to WIN or to LOSE? We’re willing to bet that you’re here, because you want to win baby. Like Jerry Maguire, you want the markets to SHOW YOU THE MONEY! This all sounds so enticing doesn’t it? Yet, what DO you do when you start to lose?
Forex Focus ep 2 – Choosing Consistency Over Strategy Hopping
So you’re having a great week trading. You’re following your trading plan and strategy and everything seems to be going your way. So far, you’re on a winning streak and nothing can knock you off your high. Then, suddenly things start taking a turn for what seems to be the worst. Your winning streak has just turned into a losing streak. “What the hell! I thought this was the best strategy. Why isn’t it working anymore? Maybe it’s not the right strategy for me.” Before you know it, you’re testing out a new strategy, and then another, and then another, until you’re going through trading strategies like you swap out your hanes.
Forex Focus ep 1- Choosing Consistency Over Strategy Hopping
Many traders begin their trading journey with the excitement and the highest hopes of achieving great success. They daydream about the day they will be able to quit their job, take their spouse on an all expenses paid vacation, buy their dream home or car, and live a life of freedom whatever freedom may mean to them. Very rarely do newbie traders consider how treacherous the trading journey can be, and for some like Reah Israel, they don’t realize their journey to profitability will take them nearly as long as getting a medical degree.
