I watched the movie today and absolutely I loved it. It attracted me because the story is based on a true life but I want to mention about another thing. The movie gave me inspiration to write about "How to become a successfull trader?" While I was watching the movie I always focused on the ideas that "Don't accept the NO as an answer." Weather the profile of Jordan Belfort is bad or good, the main thing is use your mind, convince yourself first and don't give up after an unsusccessful incident.
What is related about forex?
Answer: Learning forex trading and being a profitable trader lie on the basic facts of the life and the some key concepts are the things that I said above. For instance, a cliche: Edison didn't give up hundreds of times to invent lamp and finally he changed the world. Convinced himself that he could make it and did it.
In the forex world, there are tons of information in the internet to get the technique. However, using them is the main problem after learning process of informations.
People usually are defeated by their emotions and in the long term can't be successfull in trading. Actually it is not just about trading. You can think it around all concepts of world from cooking meals to win a war. First, we should find the raw stuff from the meters below the earth and then we should put it in a process.If we are not an expert this raw stuff will be mess but if we know how to take care about it, we can use it.
Indicators, price actions, shapes, fibonacci, eliot waves, fundamental analysis, sentimentel analysis etc. All of them can be learnt after a "HARD WORK" so the first key concept is "HARD WORK". Nothing special. We heard this from lots of person. From teachers, mothers, fathers, uncles.
And another nothing special concept is "DISCPLINE". This contains also money management, self esteem and don't put your emotions through the charts. Create systems and stick to them if they are profitable. To understand it is profitable or not use demo accounts over and over again.
These are very easy to write and difficult to apply. I know it. In this post there is nothing to special to tell people who wants to be successful trader but it is useful to remind these lots of times.
Discipline and hard working are the key concepts for all area to get the success. Money will follow us when these are applied by us.
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