A SENSATIONAL MONDAY

STEPS TO HELP YOU BECOME A SUCCESSFUL TRADER

(1)  Learn From Role Models (Mentors).  

This is probably the most important step in becoming a successful trader, although very difficult to find.  Why reinvent the wheel when you can learn from a successful trader(s) who have been consistently successful for a long time.  

They've already paved the way by studying, experimenting and by trading successfully in real-time – in short you must learn from successful traders who have made the journey before you.  They can tell you what works and what doesn't – in short they can show you the correct and profitable way to trade without you having to make the mistakes (which can translate into a lot of lost money, not to mention time).  

You must also select the right mentor (role model).  A mentor that can make you a better and more successful trader — and to help you achieve your goals.  You’ll also be able to learn from their mistakes.  In general, you must take advantage of the lessons learned from successful traders who have already done it.

Once again, what you need is a Role Model(s), traders who are easily accessible and can really show you the ins and outs of trading.

(2)  Establish Good Habits   

The only way to establish good habits as a successful trader is to be extremely organized.  Getting organized will immediately start to put some discipline in your life, and give your day the structure that everybody needs.  

If you're not organized, you will set yourself up to be unfocused, thus you will ultimately fail.  Do your homework, and prepare yourself each and every day.  

A successful trader must learn everything that they can in order to trade the markets.  We can’t begin to explain how important it is to have good habits when it comes to successful trading/investing.  Without good habits you are doomed to eventually fail.

(3)  Set Realistic Goals:  

Goals are real important in trading.  If you don't have trading goals how do you expect to become a successful trader?  Your trading goals can only be achieved through hard work and making sacrifices.  And that goes for any type of goal you set out for yourself, not just trading.  Goals are the individual steps that we must take in order to reach our dreams (i.e. to become a full-time professional trader).  You must also be willing to consistently push yourself to attain your goals.  Get excited about reaching the smaller goals, because a bunch of smaller goals eventually lead into reaching your bigger goals.  Just realize that striving for excellence, striving for success is a never-ending process, something that has no end.  Never stand still, always continue to try to get better.  

(1)  To be a successful trader you must have a goal.  Goal setting starts with a pad of paper, a pen and you, 

(2)  a goal is created in three parts: 

● First is the mental picture – you must be able to visualize your goal(s) and where your goal(s) will take you 

● Second is when you write down the goal(s) to help add clarity & dimension 

● Third is when you take action towards achieving the goal(s).  The best opportunities in life are the ones we create.  

Goal-setting provides you the opportunity to create a great life.  And if becoming a professional full-time trader is your goal, there is absolutely no reason why you can’t achieve that goal.