There is a lot of white noise around trading. People seem to think of it as a get rich scheme, whereas the reality of it is quite different. Trading is a skill and like all skills it takes time and effort to develop and learn.
Think of the job that you are currently in. Are you good at your job? I’m hoping that the answer is yes! Now think back to your first day at your job, chances are your skill set has developed significantly since then and this is the same as in trading. People ask my advice on forex trading nearly every day and my advice will always be the same. Invest the time to really understand the market, the terminology and even what you hope to achieve by entering such a lucrative and rapidly-changing market.
Use all the materials that are available to you and one thing I cannot emphasise enough is to accept the help that is on offer to you. Not just at the beginning of your journey but throughout the course of your trading career. Seek out guidance and advice from experts, even if you are not a novice to the forex market. The market is a volatile place and things can change almost instantly. If something has not worked out the way you had anticipated it to do not be ashamed to ask others why. Chances are that people will be more than willing to share their answers and advise you on factors you may have overlooked.
If you do have any questions about the forex market please do not hesitate to get in touch.
If you are ready to invest the time and to invest in educating yourself and your future I would recommend one on one training. Here at Plan B Trading we offer 30, 60 or even 120 minute consultations to help you advance on your trading adventures.