The first thing I want you to do for this end-of-year trading assessment, is to take a week off from the markets, ideally two weeks…completely off. This pro and con list is basically a checklist of things you did right and wrong over the last year and if you do it honestly and correctly it should give you a nice list of what you need to change to improve your trading in Layout a new or amended trading plan for yourself for the New Year that addresses all the issues you faced in Trading is something that for most of us, primarily takes place inside of our trading heads, we have the ultimate say in whether we take a trade or not and we are the ones most affected by our trading hukum. You need to make a commitment to yourself in Commit to being the best trader you can be, to doing everything within your power to increase your chances of trading success. If you have been over-trading and risking too much and generally just not following your trading plan and gambling your money away all year in the market, you are not trying your hardest to be the best trader you can be. Trading success is the end result of persistent discipline, and you owe it to yourself to prove to yourself that you can muster the inner determination and will power to stop making all the emotional trading mistakes you made in I firmly believe that just about anyone who wants to become a successful trader can do it if they want it bad enough. Most traders defeat themselves before they really ever have a chance to make a run in the market. You should use your Pros and Cons list that I described above hukum start a transformation in …transform yourself from an undisciplined gambler to a persistently disciplined and highly-skilled price action trader …only YOU can dig deep within yourself and make this happen. You need to use the start of the New Year as a spring board to proper trading. What happens next is not pretty; their desire for profits and success in the market is so much stronger than their desire to do what is necessary to achieve those profits and success, that they inevitably end up losing money and blowing out trading accounts. So many people start workout programs and join gyms the first month of the year, only to quit when it starts to get uncomfortable or they are late getting out of work one night. Similarly, many traders, if not most, throw all their preparation and planning out the window the forex time they have to swallow a difficult loss. Those trades that stop you out by 1 or two 2 pips before swinging back in your favor can really knock the wind out of your ability to stay true to your trading plan and remain disciplined. But it is the very ability to stay the course even when you have tough losses that separates the pros from the amateurs. You cannot let every little hiccup derail your efforts to develop and maintain proper trading habits, keep that in mind as you begin with your clean trading slate. Part of getting started with a clean trading slate, is trading with a clean and simple trading method like the price action strategy that Forex teach in my trading course. You cannot focus on remaining persistently disciplined in the market if you are constantly second-guessing your trading method or confused by all the indicators on your charts. Now is the time to start with a completely fresh trading mindset, and price action trading is in my opinion, the best method to assist you in cultivating and maintaining this mindset for and beyond. Thanks Nial…so true it is important to understand the good and the bad at all times…and I like your view how important it is to also move forward with a good plan…. Hi Nial, This article is for me the most valuable reminder for more disciplined trading to improve my modest results. Thank you and best wishes for ! Happy New Year and Happy Trading in ! With each of your article, I am a successful professional trader. Thank you very much. Health, Wealth and Happiness to you in That is the way i am feel starting with a clean slate, bought your course 2 days ago an exellent opportunity to start with a fresh and clear mind, thanks for al the motivation in your articles, it realy helps a lot. Thanks for your kindness and sharing your knowledge with others. I learned very much from 2014. I hope you be successful and healthy in your life. Thank you for your teaching and sharing your knowledge throughout the year. I am looking forward you, LTTTM team and your guidance in coming hukum I wish you, you will have a good time with all of us over the next year: Following your PA strategy ini think and hope to become a better trader than i 2014 in In the past last 2 years i hve blown my 2 accounts, because of over trading and greedy and not have proper mind set of trading and appropriate strategy. And i really agree with your articles and your strategies that they do worth it. I will keep in my mind. And hope i will good returns and improved my trading in Glad you wrote exactly what I was doing during the second half of DecemberI will share it with LTTM members soon after finishing the evaluation for my trading in Happy new year for all of you Yousri. I joined your course in March and have learnt an enormous deal through your daily commentary, course contents and traders blogs. I have become profitable now and I owe my success to all the insights provided by you. Hi Nail, I wish to get my forex gratitude accross to you in as few word as I can. You made my a contentment. Though I am not making consistent profit yet but i learnt a lot during the course of the year which in my opinion is a success. You keep my spirirt high for the new year with this article. I owe everything I know about forex to you Nial. Without your guidiance and encouragement,I sure will have quited long ago. Looking forward to be a member of your trading community in the new year. Rocking article — Thanks a trading. I Wish you happy and success always. Thanx Nial for just being there mate. Your course has been fantastic for me. Had a nice FX xmas present last week and all looking good. Will take your advice and shut up shop and head off on my new motorbike for a few days. This is like being given answers for the final exam question paper, and therefore having an unfair advantage over your fellow mates. Thank you Nial for all your fabulous insights and guidance. Wishing you happy and success always. Your email address will not be published. Notify me of follow-up comments by email. Forex me of new posts by email. Any Advice or information on this website is General Advice Only - It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By Viewing any material or using the information within this site you agree that trading is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here by Learn To Trade The Market Pty Ltd, it's employees, directors or fellow members. Futures, options, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. No representation is being trading that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. Forex, Futures, and Options trading has large potential rewards, but also large potential 2014. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and forex and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not hukum with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or 2014 from the use 2014 or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results. How To Improve Your Forex Trading In By Nial Fuller in Forex Trading Articles 27 Comments. Make a commitment to yourself for Trading is something that for most of us, primarily takes place inside of our own heads, we have the ultimate say in whether we take a trade or not and we are the ones most affected by our trading decisions. Related Trading Lessons Trade Like Nial Fuller: Now I want to hear from you! 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Test Anxiety:A Comparison of Trait and Social-Cognitive TheoriesTo many people taking a test, or exam is not a big deal. Traits are a main part of personality. This common set of traits is refered to as the Big Five.
If you are ill enough to not go to class, you are ill enough to see a doctor and obtain a note proving that you were that ill, or to have proof of an ongoing condition (like migraines).
Test Anxiety:A Comparison of Trait and Social-Cognitive TheoriesTo many people taking a test, or exam is not a big deal. Traits are a main part of personality. This common set of traits is refered to as the Big Five.
If you are ill enough to not go to class, you are ill enough to see a doctor and obtain a note proving that you were that ill, or to have proof of an ongoing condition (like migraines).