What steps should I follow to become a Forex trader?

in #forex6 years ago

Thank Loerin for A2A, You should:

  1. Know that Forex trading is not an easy path to success; you need to find YOUR WAY to beat 95% of traders out there in the markets, and those traders are same as you: smart, have the money to go all in with you and are brave enough to choose this path.
  2. If you decide to choose this way, you will need:
    a. Proper basic knowledge:
    i. Learn it from Learn Forex Trading With BabyPips.com
    ii. Learn basic candlestick from Steve Nelson’s book
    iii. Learn the life of a trader
    b. Equip yourself with health: eat proper food, stay away from alcohol, sleep before 23:00 and sweat in sport at least once a day.
    c. Train yourself in discipline: during tough times, you need to not forget the main target. It is best is train yourself to wake earlier for sport, daily. I suggest running for the simple yet effective exercise.
    d. Train yourself on not letting emotion drive you: go for meditation.
  3. Train yourself at labour and work hard for any good reason, not for money, as this will lift you off from the money drive and show you been driven for a good reason. You will face a lot of problems at work but, since you do not work for money, you will learn how to handle a lot of hard situations that give you skills in Forex trading later.

Regards,
Will Vu - Forex Investors since 2006

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