Forex Inspirational Tips For Life

Forex Dream

Forex Dream

This is an encouragement post to the readers of Winners Edge Trading. Please share this message with your friends that trade by sharing on twitter and facebook and even forwarding via email. I get messages everyday about traders trying to make it in trading. I started this blog to help myself improve my trading and it has done that and much more. This blog has helped me become a better trader and also has helped many others.

I am going to start out by saying YES! You can be a profitable trader. You have what it takes and you can make enough money to make a living by trading. If you don’t believe that then maybe you should stop reading right now. However since you are here I feel like in your heart you have some hope that you can accomplish your dreams of becoming a trader. I am a dreamer and I always go after my dreams and I encourage you to do the same.

As a matter of fact all success starts with a thought and a dream, but is only achieved by those that go after it, with all of their hearts. That takes risk, a risk of failure and a risk of being laughed at and rejected by friends and those that you love. The reason people put down those with dreams is because they were afraid to take the risk to go after their dream so they put down others. Perhaps they tried to live their dream and they ran into obstacles and gave up along the way. Everyone has a dream in their heart but only a few have the courage to live it, can you relate to me here?

Now back to trading….

Sorry for the side trail but I get heart broken when I run into different types of traders, that have fallen along the way that one time had a dream but now they are angry and resentful. Some even deny reality and say that it is impossible to make it in trading. I am here to encourage you and say yes you can do it!

Here are 3 tips that will help you along in your journey to become a successful trader.

  1. Have a Heart and Passion to live your Dream!

Trading is not easy or for the faint of heart, you will experience pain along the way. That pain will teach you if you let it. Embrace the pain of failure and learn from it. Many heartless traders experience the pain and they run from it or quit. If you have a heart you will not quit but you will keep going. If you don’t have a heart that is willing to take a risk or if you are being pushed back by fear. Then stir yourself up by verbally declaring your dream and also writing it down on paper and how you are going to achieve it.

 

  1. Have written plan and follow it.

If you follow step one then you will be passionate about your trading and that passion will cause you to do what is necessary to achieve your goals. First you need to have a plan and most traders I talk to do not even do the first step. If that is you, then stop right now and write a trading plan, don’t even finish this article! Do not take another trade until the plan is finished and you have a trading friend check it out. The next part of tip 2 is to follow your plan to fullness. What good is a trading plan if you do not follow it? The reason following a plan is so important is because it helps you to identify the areas where you need to work, the areas of your strategy that need to be tweaked. Time to be brutally honest with yourself, how will you learn if you do not know what is the problem. Following your plan will help you to determine what is wrong and how to fix it.

 

  1. Never give Up.

You will feel like giving up along the way. Learning to be a successful trader is a hard journey, at least it was for me I think every person is different. Learning the techniques and strategies is the easy part but being a student of trading and learning the discipline of trading is what takes time to master. It was hard for me because I refused to follow my plan and stick with what I knew to be true. Knowing the right thing and doing the right thing are two different things.

In summary I hope this article has been a source of inspiration to you. My goal in writing this is to encourage you to go for it. Trading is not a get rich quick scheme because it is just like everything else in life, you have to want it and work for it to achieve success. Please share your thoughts about this article. If you want to help a struggling trader share this article via twitter or facebook or email.

 

Casey Stubbs

 

P.S. My next post is going to be an in depth training on how to conduct back testing. If you are interested in me posting it please let me know.

 

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Winners Edge Trading was founded in 2009 and is working to create the most current and useful Forex information and training available on the internet.

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  • Ben I will consider that. Thanks

  • Mvera

    Really interested in this article and the other you have. WOuld you send them to me…Thanks

  • Helenewg

    loved reading this. have worked so hard and nothing yet but will keep going also because of this encouring email.
    thanks casey
    hg

  • Mjga

    I appreciate this your site Casey. 
    Great job.
    Back testing insights will be very helpful. 
    Thanks

  • Jose

    Hi Casey
    I know everything you say its true, I experience myself on that road, its painful, its sad sometimesto see the market moving in front of you and let the opportunity passed by for different reasons, sometimes I ask myself Where was I? I realize at the end of the day trading is not difficult, when you
    but its a combination of different things at the same time. But anyway your tips are very good, thank you and I would like to read the next one.
    Gratefully
    jose

  • Rahim3973

    Thanks for the good tips Casey,
    From what I experiance, when I make profits from 1,2 or 3 trades consecutivelyI feel overly confidence and started trading more with bigger lots using the same technique or strategy, only to have all the previous profits eaten up in a single trade, and I am back to square one.I think this happens to all new traders.No wonder it is said that only 5% of forex traders succeed to become professionals and long term traders.To succeed in forex is not easy but also not impossible. Learn,  trial and error, persistence, I think that is the key.

  • Nelayanforex

    Agree. Tell me about backtesting. Your previous articles also very informative. Thanks Casey.

  • Jonathansaintpaul

    As I was reading, had the impression your article is about me. Thanks for the insight. Great article; very helpful.

  • Erika

    Thanks for the inspirational article and yes, please do post the lesson on back testing.

  • Nerak58

    Hi Casey  the article was very insightful – and so true –  very good points in items 2 & 3 – would very much appreciate an articles on back testing.  

    Just wanted to say also – having a great time testing forex catapult as well.

    regards Karen

  • Jantosantoso

    Yes please, it would be so helpful

  • Lionell Dixon

    Great stuff as always! You guys are really what a team should consist of!

  • Garyhutchings

    Casey, good article, a session on back testing would be appreciated.  Gary

  • churst

    I enjoyed your tips and look forward to your next post

    Chris

  • Amer Wolley

    Yes i agry with everything you say since i stated taking the lessons and my losses turn to profit .I do thank you for all the e-mails that you promply send
    Its true a man who dosent dream and work for it he get nothing in this live as for me i am a dreamer
    Thank you again and again Mr Casey Stubbs and i wish you the best
    Best Regards
    Amer Wolley

  • Lynley

    Good article, I think so man y of us focus on the trading system, but that is only part of trading. 

  • Richard

    Thank you for the tips. Very informative. Please post the back testing training as soon as possible . I cant wait to acess it.

  • marco castro

    great tips casey!!!!
    i was quitting today, i lost control of my emotions and i puted a bigger size of a lot.
    i lost what ive earned in 7 days and not just that i ve almost disappear my demo acc
    but as you said if i follow my plan always  i will be profitable.
    so i will keep trying and i will began again tomorrow.
    tks for yor tips

  • Payee2

    Yea! please post it and thanks a million.

  • Awi Sunjaya

    good idea. thanks

  • Dkgm

    was greatly  appreciated  and very very true

    please send and teach everthiung u got

    thanks again

    gm