Forex Currency Trading Does Not Have to Be Tough Nor Take Forever
Success in Forex trading does NOT have to incredibly difficult nor does it have to take 7-10 years. Just because you hear all the horror stories of failure and so many telling you that it has to take years of paying your dues, doesn’t mean that you have to follow the path that they chose. You just have to be realistic and be smart about it. One aspect of being smart means to make sure that you have good tools to use. Another key to winning is to make sure that you know what you\’re doing with those tools.
In trading, since your entire operation is centered around and based upon your trading system, then it\’s pretty clear what you have to do: first, make sure you have a solid, user-friendly, well-organized trading system. Now one of the biggest and most frustrating problems that many traders have, is that they don\’t know how to tell if the system that they have is indeed a high-quality system.
There are several qualities that make your system good, and if your systems is lacking any of these qualities, it will create functional issues that make it not very \’trade-able\’. Now, there is certainly much more than simply the strategy on which the system is based, because in essence, all systems can be distilled down to \”buy low sell high\”. The difference comes down to the details of how you\’re going to make that happen. And that is where a good trading system makes life easy and a low quality system is filled with disappointment and frustration.
So how do you tell the difference? The first way is to observe how comfortable you are in trading it. If you experience any confusion, anxiety, fear, doubt, hesitation or stress, then your system itself has opportunities for improvement. Your system is your guide for your trading on a daily basis, and these are sure signs that you lack trust and faith in your system. These come from you knowing either consciously or subconsciously that your system is lacking in one or more ways.
When your system is solid and you know how to recognize that it is, trading with it is easy and very comfortable, because you have well-founded and properly supported confidence. The doubts and \’not knowing\’ that created the second-guessing and the temptation to deviate from your system are thus gone. Because you operate from position of knowing and confidence, your discipline issues simply fall away, because you\’ve removed the real root causes.
Fortunately, there is a place where you can discover the specific qualities that make for a good, high-quality trading system, that make your trading system effective and user-friendly so that it lends itself to being traded well and consistently, where you can discover the various problems that a trading system might have, and how to fix those problems and make your system solid.
Avoid the learning curve and expense of starting over with ‘new’ trading systems. Discover how to take ANY system and make it work. Fix what you already have and save yourself loads of time, money and stress.
Are you truly treating your trading as a business?