Be productive

There is no doubt that forex is exceptionally productive business. But to be productive, you have to learn the craft of forex trading. By studying and rehearsing you can do this. For study, you need great educational resources and personal help.

Making money from the forex market is not so easy. You need to have minimum trading knowledge to make money.

Same with any profession......

Massive action is important in any industry.

For a trader, words don't matter, action will speak.

Treeny posted:
Same with any profession......

Yes, you are very right. I don't understand why most people believe that in order to make money on forex we need a certain recipe for luck. This is not true argument and requires patience and hard work, as in other professions.

In order to be productive, it’s also important that you acquire knowledge from a reliable source. Any unverified knowledge can waste your money as well as valuable time meant for learning.

You can trade all day long and still won’t be productive because productivity is not about how hard you are working. The best way to boost productivity is by planning. Having a clear understanding of what’s in front of you and what you are looking for directs you towards the right action that you can take to win your trades. Follow your plan for the day and take regular breaks in between because it helps to stay focussed during the session.

A trader has to make him productive through all possible means. Otherwise, Forex will turn his life a hell. And he will have no one to make responsible for his loss. Hard-work, patience, focused on work, eagerness of learning can make a trader productive by the end of the day.

Being more productive can help you to improve your level of sense and allowing you to become much more accurate with your sense when it comes to forex trading and many skills that you can achieve in general/

croisssan posted:
This rule works not only in trading. You need to understand that this is simply necessary for success in any industry.

Exactly, it is important to be productive in general.

If you are productive then forex will be easy for you.

I believe a trader can only be productive if he learns to accept his mistakes and learns from them and avoid making them in future.

Forex trading has the potential to be highly lucrative but it isn't guaranteed to make you any money.

Traders need to work hard with dedication and patience to be productive. Productivity comes when one takes care about his past trading mistakes while making his trades.

Michihito posted:
There is no doubt that forex is exceptionally productive business. But to be productive, you have to learn the craft of forex trading. By studying and rehearsing you can do this. For study, you need great educational resources and personal help.

Exactly, there is no way to follow others trading strategy or signal! We should have our own trading way! On the other hand, learning from the own trading mistake is the best practice!

Marcolis posted:

Michihito posted:
There is no doubt that forex is exceptionally productive business. But to be productive, you have to learn the craft of forex trading. By studying and rehearsing you can do this. For study, you need great educational resources and personal help.

Exactly, there is no way to follow others trading strategy or signal! We should have our own trading way! On the other hand, learning from the own trading mistake is the best practice!

It really is all you need to focus on is being a better version of the trader you were yesterday and them small inches will soon mount up to a large difference

Productivity is very essential in making your trading much more perspective in your time.

Michihito posted:
There is no doubt that forex is exceptionally productive business. But to be productive, you have to learn the craft of forex trading. By studying and rehearsing you can do this. For study, you need great educational resources and personal help.

Exactly, you can study and back test all you want - but ultimately it's the psychology part that messes with your head.