What Does Success Mean To You?
Success means different things to different people – our perception is what makes us all unique. When it comes to success I often feel that people put emphasis on more materialistic things. For me, success is about happiness and being content with what we do have rather than always striving for more. Don’t get me wrong more would always be welcomed but it is not essential for me to be happy. One thing that phases me generally about people is the lack of contentment in their jobs. So much time and energy is invested in our work place that I feel it is essential to be happy at work. Everyone...
Read MoreHave You Paid To Do A Trading Course But Not Invested In Your Own Trading Account?
Most courses that teach you about forex, the market and trading come at a price. This cost is justified by the fact that the knowledge that you are gaining on the courses are a skill that can lead to financial independence. That being said I find it quite astounding that delegates are willing to invest a significant amount of money to learn but then do not take these skills that they have learnt and apply them to the market. They have the resources they need and at least some experience live trading (a perk of Plan B Trading courses) but do not make an investment in their trading account. If...
Read MoreWhy you can’t read a textbook and beat the banker
Recently I have been connecting to a number of different traders on social media platforms. I find it very interesting to find out how and why people became involved in trading (especially in the ForEx market) and how they set about educating themselves about the market. A common theme amongst those that I have asked is research and reading up on the industry. I agree that this is a great way to gain knowledge on the industry and to get an insight into the world of trading. It is always essential to understand the theory behind a skill but it is vital to gain real experience before you...
Read MorePeople don’t succeed because they don’t ask
A common issue that I have found, not only in trading but also in many different aspects of business and in general day-to-day life, is that people refuse to ask questions. I believe that people view asking questions as a weakness and there’s a certain amount of pride that would be negotiated by asking these questions. Personally I think it’s a shame that so many people are unwilling to ask for help. There’s a few sayings that spring to mind such as ‘if you don’t ask you don’t get’ and ‘there’s no harm in asking’. When you look back to our mannerisms as children, our curiosity was a driving...
Read MoreDemo Accounts
Are you learning to trade? Demo accounts are a great way to get a feel for the way that the system works but my advice to you would be to limit the period of time that you use the account for. I would personally advise that you only use the account for roughly a month. Of course if you are not feeling confident by all means continue using the demo account, however it’s important to be aware that when you trade in the market it will feel completely different. There are a lot of different factors that will start to influence your decisions when you are trading with real money because...
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