There is a big difference in learning to trade the forex market and learning to be a forex trader. A concept in which a lot of people struggle with so they confuse the two. What you need to ask yourself is “What kind of a forex trader do you want to be?”Because there are many […]
When it comes to Passive Income even the term brings great divides… If you Google, the term Passive Income there is literally hundreds of different forms of passive income on one side and then on the other side there are literally hundreds of posts de-bunking them of even being passive. So, What is the real […]
Wow, I am so pumped this afternoon. Our Elite Trader Program started last week with Andres our Trading Director giving two fantastic foundational level sessions on Forex Trading. And this morning was my session, my first Elite Trader Psychology Session – Foundation Level – Step one Awareness. And I have got to say I thoroughly […]
Here’s the thing… Most of the talk I’m hearing out there about Copy Trading. It’s just wrong… on so many levels… Like “I use it as a guide” a guide to what exactly? “I’m learning to trade from it” REALLY? HOW? “It gives me confidence to place my trades” Until it doesn’t… And then […]
All success has a formula that is repeatable, regardless of your endeavour. It’s not easy, it will take effort, persistence and determination. However the rewards of success far outweigh the effort required. So the first question you need to ask yourself is … “Are you committed to your success?” Because if you answer yes to […]
How to have discipline, consistency, and discipline in the forex market? These are the three most common struggles traders have when we ask them at Special FX Academy… “How can I become disciplined in the market?”… “How do you maintain consistency?”… “When I get confident then I will pick my strategy and do all the […]
Stress appears in our life in many different guises, some good, most bad. The key is always if you don’t monitor yourself how will you know if your trading is being affected by stress. How will you know if your life is being affected by stress. Because let’s face it most of us don’t really […]
Because contrary to popular belief, pardon the pun. You don’t actually trade the markets, you trade your beliefs about the markets. “The trend is your friend until the bend at the end!” is a belief that trend traders have. “Let your profits run and cut your losses short.” Is also a popular belief but not […]
As traders in a 24-hour market, we are certainly forced to contend with a great deal of stress. Many times, this stress is intensified through periods of losing streaks and rough patches. But in the end, it’s the coping mechanisms used to handle this stress that ultimately determine our ability to find a healthy and […]