Welcome to the Forex Warrior! This episode is all about Getting Structure to Your Trading. This episode is all about getting organized with your trading, making a plan in your mind and in your finances in the time that it takes to trade. Dr. Jason Gospodarek will also discuss fitting trading into your life and within the trading platform.
Support is Key
Don’t make the same mistakes that others have made. Learn from others and distill it down into your technique and strategy. Having the support of others is key.
You have to have a group, a person, a website or a course. Something that is there to support you through your trading journey. Whatever you find that works for you, that is your support for getting started.
“Follow the path to success by using the experience of others.” – Dr. Jason Gospodarek
Find a Mentor
A mentor is someone who has been down the same path you are now traveling. If you are looking become a full-time successful trader or someone looking to replace a certain percentage of their income trading in the forex markets, you want to learn from someone who has been down that road.
Learning the Trade
“What happens between your ears is the most important part of trading success.” – Dr. Jason Gospodarek
However you choose to learn, there has to be a way that you actually learn through training. It’s the same with any skill such as going to school to be a doctor. First, you study the book, then you take tests and then you actually have hands-on experience.
The same thing happens if you are in a trade like a plumber or an electrician. First, you learn in the book and then you have live training. The same holds true for forex trading.
Training in the forex markets either means trading with real money or a practice or demo account to get the feel of how the platform works when you buy and when you sell.
Forex training educates on how the charts look and how they are set up. You’ll also learn about what time you are trading and what you are risking.
To hear Jason’s personal detailed trade analysis download and listen to Getting Structure to Your Trading!
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