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Tuesday, July 3, 2018

Stages in Learning Forex



Know Your Identity

  • Very Important Stage before anything else 
  • this will develop your skill in profiting 
  • Its where you get your foundation to be a consistent profiting trader
  • Base Point where your System is build
  • Its where you will understand what kind of trader and who you are as a trader

System
  • The thing you do over and over
  • It answers What to trade, Where to trade, Why to trade
  • Where you create your trade plan
  • Where you get bored
  • Where your Consistency and uniformity is needed
  • Develop a process in what to do next
  • It’s where you will understand the characteristics of the market
  • It’s where learning in your mistakes will take place
  • Hardship/ Process and Patience is tested Its where 90% of people will fail

Strategy
  • A discrete plan to put your system into work
  • Can be learned and Copy
  • This answer the how questions
  • 20% success rate in trading
  • Its where people thought they must give or invest more in both money and time
  • Its the only way I as your coach can give you



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