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FEATURED ARTICLE:

TRADING - The *Greatest* Game In The World!
by Cynthia Macy

Co-Author of The Day Trade Forex Trading Systems

 

What is the key to success?  Dedication.  The more you practice, the better you get.  Believe in yourself and in your ability to succeed.  Successful people take credit for their successes and failures, while unsuccessful people people tend to blame fate or circumstances (or their trading system!).

Our beliefs about ourselves influence the tasks we undertake, the efforts we make, and the results we achieve.  Keep your thoughts and behaviors positive, and you will increase your odds of a favorable outcome in your trading.

Having fun at what you do in life increases the odds that you will participate with all your being.  This increases your chances at achieving mastery which further enhances your enjoyment of any activity.

It works the same way for traders.  Those who view trading as work will grind through the day and struggle to find great trades, while those who love trading will immerse themselves and increase their odds of being in tune with the markets.

What's the best way to stay positive no matter what?

Celebrate your losses!  Get up and dance, do a little jig, blow a horn, yell yippie, another loss!  Remember, you love the game and winning and losing are both part of the game!

This will keep your attitude up, your confidence and optimism high and keep fear from setting in.  Fear is the greatest killer of all potentially good traders.  So keep control over your emotions and keep your thoughts positive, and keep practicing, and keep celebrating your losses, and  there will come a time soon when your trading will be  "automatic and in the zone", profitable and consistently successful.

"Successful trading is 20% technical mastery and 80% psychological mastery!"

Don't underestimate the power of your mind --- learn to control it and you will grow extremely rich!

What "Rich Dad, Poor Dad" says about trading:

"It's not gambling if you know what you're doing.

It is gambling if you're just throwing money into

a trade and praying.  The idea in trading is to use

your technical knowledge, wisdom and love of the

game to cut the odds down, to lower the risk. Of

course there is always risk.  It is financial

intelligence that improves the odds."

Robert T. Kiyosaki

 

"Knowing how to take a loss for the trader is as

significant for him or her as learning to overcome

the fear of death was for the samurai warrior."

 

Robert Koppel

 

If you need help with your mental/emotional discipline, use this link to get a free mental training session:

http://www.cynthia-recommends.info/tradinghelp/index.html

 

About the Author

Cynthia Macy has been trading various markets for over 15 years and has co-authored three popular forex training ebooks.    Visit her websites at:

http://www.daytradeforex.com/products.htm

http://www.successtrading2000.com/forex.htm

http://www.successtrading2000.com/IRStaxinfo.htm

http://www.successtrading2000.com/activetrader/

http://www.successtrading2000.com/ExcellentTradingEbooks.htm

http://www.successtrading2000.com/tradingpsychology.htm

http://www.professionalforextradingonline.info

 

 

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