fx trading

How To Be a Truly Great at Forex Trading

The key to becoming great at forex trading is the same key to everything in life. You need to know what it takes to win, and you need to learn it. You learn forex trading by having the right knowledge and practicing the right things.

Not only that, but your approach to forex trading and your forex trading mindset will also affect your learning curve. After teaching in the human potential field for more than ten years, I truly feel that learning to forex trdaing is one of the greatest opportunities for personal development that I have ever seen. All the forex trading skills we develop as great traders are all of the skills we develop in life as great people. I hope to convey that in what I am writing to you below. I think one of the best things I can share with you as you evaluate this great and valuable skill of forex trading is to recall the story of the tortoise and the hare. Do you remember them? The hare relied on his speed to win, and the tortoise relied on consistency. Who always won? In the end – particularly if you look at months or years, and not days or weeks, the tortoise ALWAYS wins, and it could not be more true in the forex trading world. Know that you will not be a great forex trader because of winning trades. You will be a great forex trader because of a winning trading formula. I wish for you and yours the very best. Whatever you do, persist, be patient, and you WILL get there!

One of the best ways to make use of this forex trading site is to read a section and then add a comment or question. Maybe you would like to learn more about something. Let us know. Or if you are already trading the forex and are very skilled, perhaps you would like to contribute something to our forex trading readers.

While traders on our team vary from a few months to more than 33 years of Forex Trading experience, I am very partial to the brand new trader who knows nothing – particularly those who don’t have many opportunities. Sure, the money is there when you develop the forex trading skill. But when you get good, then what? To see someone brand new develop this new life skill and see it change their life - now that’s doing something! On top of that, it is the new forex traders who have gone on to become great traders that have contributed some of the greatest trading ideas to our team! It always pays to think long term.