Wednesday, January 5, 2011

HAVE I GRADUATED FROM THE FOREX SCHOOL?

I guess not, still plenty to learn for sure... and before I forget, Happy belated New Year 2011 to everyone who is reading this...

There's nothing much to write actually on my 1st post for 2011. But frankly speaking, I am really considering my options to either retire early or changing my careers within this coming months, though not really sure which direction is the best for now.

2010 was full of challenges and some of them are still here for me to face and manage. I am indeed in a mid-career crisis at the moment that requires deeper thinking and considerations before any major decision could be taken.

As far as my forex is concern, I do believe that I deserve a degree after doing it almost every day for the past 3 years, or perhaps at least an advance diploma. This year onwards, I am probably pursuing my master degree already and maybe in the next 5 years, perhaps I deserve a PhD by the time I could have and manage a 6 figure account.

Anyway, most importantly is to make money to survive and prosper. This is a business after all so I should cut all the nonsense and focus on what I need to do to become an even better trader.

As I always said and mentioned repeatedly, this thing requires a lot of patience and discipline in order to succeed. Nothing comes easy for sure but it does become easier as you cruise along with strong patience and believe.The key words here are continuous learning and never give up...

Making Money vs Losing Money... either way it has its own implication. When you make money, you feel like angels, getting it right most of the time, happy and a little bit greedy here and there as you never felt enough... but when you loose money, you learn to appreciate the market better, the importance of proper risk management and ways to control yourself from knocking your head to the wall.

Both have its pros and cons but of course... the consequences of losing money could be greater as not all of us have the strength to take such knocks.

Last but not least... have I graduated from the forex school? I don't think so as learning is always a continuous process. Once you feel complacent about the skills and experiences that you already gained, you will become lazy and careless in which these will be the major killers to the potential growth.

For sure I am more experienced now than 3 years ago but still... the future remains a mystery... I can plan but the rest, I have to leave it to the Creator to decide... perhaps my 1st million will come from here, or perhaps from something else that I never thought about... Either way, I don't mind as long as it comes from a Halal source...

Have a Blessing New Year Guys & Gals... ;)

3 comments:

  1. Guys, has anyone downloaded the news "Trend+Range" forex system? Apparently it can trade BOTH trending AND ranging market conditions using the same system. It looks pretty awesome actually.

    Here's the link to download it for free: http://tinyurl.com/trend-and-range-system

    ReplyDelete
  2. In the event that more individuals that compose articles truly fretted about composing awesome substance like you, more perusers would be occupied with their compositions. Much thanks to you for thinking about your substance. marketing

    ReplyDelete
  3. Forex bonus no deposit scheme competing for the attention of the broker, plus500 trader points is still able to hold its own ground in the Forex trading sector. The Plus500 has over ten years of experience as good Forex broker software that helps people utilize the foreign exchange markets effectively to their advantage.

    ReplyDelete