I’ve recently been asked what I mean when I say, “How To BE a Forex Trader.”
There is a big difference between learning to trade the Forex market and learning to BE a Forex trader. And most people, including most coaches and trainers out there, confuse the priority of the two.
Because one is easy to teach and the other not so much.
Learning to trade the Forex market is easy to teach as it’s a set of skills and techniques, and it’s what makes up 99% of the learning to trade the foreign exchange because most people believe that it’s the most crucial part of becoming a successful trader.
But if that were true, why do so many fail to become successful.
Because it’s the easiest part to teach, a monkey could learn it; buy low and sell high. Of course, each coach/trainer adds in their unique ingredients to make their system special to them. And it is this process of finding their special “sauce” as it were (indicators, oscillators, time frames, etc.) that helps them BE successful traders.
Typical Trading Courses
The problem is they don’t teach that part, and they want to make it easier for you because you think that’s what’s important. Why spend hours searching for your special sauce when I can sell you a ready-made one here.
That’s how they sell it… now, they may have a successful system (for them), and they might be doing very well with it, but the question no one seems to ask is…
“How many of your clients are successful with this system and your coaching?”
Because the answer is always “very few”. I know because I’ve been a client to a lot of the big names as well as a few small one’s. And the problem is always the same. About 3-5% will ever find success.
That’s 3-5% of their clients may get some form of success.
The rest are left out to dry and told they haven’t got the right mindset or some other lame reason. In their eyes, it’s never the coaching or the training. It’s far easier to blame the client. This excuse helps them sleep at night with a clear conscience.
To become successful, you must first BE successful. Ugh… how is that even possible?
Success is a belief.
For you to become successful, you must first believe that you will BE successful. And this means doing all the things that successful traders do, thinking as successful traders, and acting the same way that successful traders do.
Just BE a successful trader… and then you will be.
This is what I do; I help people to BEcome successful traders, by helping you to:
- create a fully working and adaptive Trading Plan
- design your trading system
- backtest your system
- and I will trade with you when you live test
All of these create hours of good practice go towards becoming a professional trader, and if it interests you it will help you to become a master trader. And as you’re going through this process each task is designed to give you the correct mindset in order to BE a trader and become consistently profitable forever.
I will help you to think, feel and act like a successful trader – so that you can become a successful trader and play “life” on your terms. This way, you’ll be able to trade any system that suits YOU!
What you should do right now!
If you are struggling to successfully extract consistent payments from the markets, then I do suggest that you take a look at my “Do It Yourself” Trading Course.
In this course I will personally coach you the necessary technical and psychological skills needed to be a successful Prop Forex Trader and create the life of your dreams, whatever they might be.