So You want to be a trader …

This is not another talk like in church. I plan to shake You out from Your bubble and give some ideas to think about. In my country old people say: You are poor cause You are stupid. It took me few years to understand the core idea.

I was smart, intelligent, well educated and still… the field of finances looked like swamp. So what was wrong… As You may read in one of the great author Harv Eker books there is no special differences between me and You as people that wants to get something special from life. But as usually, the devil sits in details.

First rule. You must adapt is: KNOW THYSELF! You need to learn spending some time with Yourself without any external noise and just observe… what to observe ? Your thoughts, what You think when there is nothing that disturbs You, cause THESE thoughts will DECIDE or will be a part of Your decisive process during trading ! As may know, our Conscious thoughts are just 5% of ALL thoughts that we have.

What is the rest ? subconscious mind. There are hundred of special programs prepared to change our behavior and… habits. It’s funny that the word habit sounds similar to hobbit. But the truth is that YOU DON’T HAVE TO USE THEM!

The only thing is… to make an effort and work on Yourself. What for ? to know better Your emotional re-actions and decide better for Yourself. The word „emotus” means in Latin „pushed so when You are experiencing emotions and trading is full of them You are automatically… moved.

Now is the shortcut: If You don’t know Yourself, You will let to be driven by them. IF YOU ARE conscious of them… You are ABLE TO STOP REACT. That is why military training concentrate on repeating. To erase old habits and produce / implement new one.

Another reason why people are willing to become traders is promise of Fast and Furious profits and here the sharks come to eat fresh meat. You are able to earn money after reading one ebook from broker, but without proper TRAINING and EDUCATION You will become one of the grilled fishes that opens their eyes widely when their account seems to be empty and platform is suspended.

Yes, forex has its own secrets. One of this what brokers don’t want to tell You is TRADER IS THE SAME PROFESSION AS ANY OTHER ON THIS WORLD!!! put these words written by BIG RED LETTERS above Your desk or bed and read it as long as You finally understand it. It’s the same as doctors, lawyers and carpenters.

You want to be a doctor after reading 1 free e-book ? Congrats! Yes, these ARE exceptions and I know two guys, but how do You think WHY most of people fail during first 6 months ? Lack of education, lack of training, lack of proven system, lack of confidence. And the last one is the fruit of ALL them before. Simple ? of course. Easy ? Yes and no. Yes, cause if You are goal-oriented person You will not have any problem with such big portion of informations.

Filtering is another issue, cause You can filter them in 2 ways: 1) learning and testing, 2) reading HQ materials, like my blog and other good materials 3) visiting forums and learning from others. No, cause You will have the occasion to show Your intelligence, spirit of warrior and determination of real battlefield cause the chart is one of them and if You are hater that likes to write bullsh** on forums „forex is blaaaaa” – I can tell You only one: DO IT! Show me that You can’t trader without proper training, education and informations !

Another egoistic reason: to be a financial guru among friends. HOW do You think why all scammers uses so juicy and colorful pics of cars, pretty women and big houses on their websites? Cause it stimulates Your imagination ! their target is to pinpoint your emotional deficits.

You see and You think… ohh finally I will be able to quit my job and tell James he is a prick… and I will buy a ring finally… the mortgage we have will be paid… and I will finally show to these idiots around me that they were wrong…

If one of these thoughts were in Your head… well…come to hell and at the same time You will not put SL or moving SL against Your trade just ‚not to loose the occasion’… this is how drama plays. From the same reason You will know what the ‚over-trading” word means and how to destroy Your night keeping position overnight (yes, it’s possible).

Now, a few words from neuroscientists. We have 3 brains in our skulls: the older one: reptoid, younger: heritage after mammals and the newest one: neo cortex. Your habits are burnt like a CD-ROM in the oldest part.

You are repeating them cause they ARE PROVEN ways for… survival and this is that part of brain that take care of it. So if You want to quit / resign from them, You NEED TO visualize much stronger benefits then present and repeating them (the new habits) for minimum 21 days.

Of course I don't have to tell You that You need to associate new habits with pleasure. The simplest thing about human behavior You can remember is that: the whole life we escape from pain and running for pleasure. If You accept it as a part of Your nature… welcome home. And the story starts again…

Finally… as You see, FOREX is the Way what can lead You to Your personal heaven or will be Your hell. BUT… the choice is Yours. And remember: WE warned You !