I was about to go to bed, after long hours on warcrafting since morning. It was these 5 Steps to Forex Trading Mastery that I would like to share with you before I slipped my mind.

Use to read dozens of trading books from fundamentals to technical analysis. Tried numerous Forex trading indicators and strategies or attending courses that costs me $3000 for 2 days, and yet I was still in the red or break-even (if I am lucky) by the end of the month.

Recalling back, there are a 3 main reasons why I used to end up this way.

1) I was just searching for the Holy Grail in Forex trading, which does not exist in this world.

2) Lack of in-depth understanding in trading psychology, this is because most of the gurus here did not go in-depth on trading psychology.

3) Too biases on a single direction in the market

After numerous trial and errors, I have personally come up with 5 easy steps to Forex Trading Mastery (If you follow closely)

• 1) Do not be too biases on a single direction in the Forex market, because the situation may change (depending on the big boys). You got to be open minded in the midst of your trading decisions.
• 2) Keep a record of your trades. It is not just trades you have entered or exited. You need to keep track of your feelings and emotions. Try to find what triggers you to enter that particular position; peer pressure? Fear of not full maximizing your profits? Afraid to cut losses?
• 3) As there is no such things like Forex Holy Grail strategies, you need to settle on a strategy that suits your personality and lifestyle. In this way, you will be more focus on the Forex market, than concern about your fanciful strategies.
• 4) Observe your own thoughts and emotions during your trading sessions and keep a record. This will help you to eliminate your fear and greed.
• 5) Develop patience. This will help to filter unnecessary early/late entry to the market.

I hope you enjoy my short article above. Good Night!

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