If you are thinking about trying your hand at currency trading, then there are a couple natural talents and or interests that people who make great traders have. As you read through the 7 signs and find that you are a match, then that natural ability coupled with the correct training will give you a clear advantage when it comes to trading the markets!
Here is the list:
- You’re a Left- Brained Thinker – Those who have more left brained tendencies are more likely to like forex trading. Left Brained thinkers tend to have strong math skills, logic or reasoning skills and are good critical thinkers.
- You <3 Graphs – Graphs and analytics are your thing. If you love organization and keeping track of your progress, you’ve come to the right place.
- You’re not Easily Intimidated – You are okay with the idea of being the black sheep among the white sheep. Going right doesn’t bother you when everyone else is going left. You hold confidence with your decision making, but are not consumed by arrogance or greed.
- You’re Emotionally Stable/ Even Tempered – Emotions are a major player in the game. Greed, fear, and overconfidence will eat you alive in forex trading. At times trading can be frustrating. Being able to know when to close out and walk away is critical to staying on top. Knowing your emotional limit is important.
- Staying Humble – The trading game is all about your state of mind. Arrogance will be your greatest weakness. Keeping in mind that you don’t know everything and there is always something to learn and take away from both your wins, and your loses is a good mindset to keep.
- You have Genuine Interest – Unless you love what you are learning and being a part of, it will exhaust you. Forex trading is not for everyone, if you are not truly interested in investing your time and energy into it, it may not be the thing for you.
- You’re Willing to Put in Work – If you are looking for a way to make an easy dollar, this is not the right route. It takes time and practice to master and there is no easy way around it.
Now if you found that you met 4 out of 7 signs, don’t fret, you are still in luck. Things like emotional stability, work ethic, and humility can be learned over time as long as you are willing to put in the work to learn.
Here at the FX365 Institute, we specialize in teaching everyday folks how to become ninja traders in the market. We have found that when a student is willing to do what ever it takes to learn to trade, we as an institution can help get them across the finish line.
Think of it like this, if you are trying to get in shape, hire the best trainer and nutritionist to plan your meals and help you work out correctly you will have all of the tools you need to get in shape. If you never show up to the gym and eat correctly, you will never see the results.
Learning to become a profitable trader is exactly the same. We can provide you software, instruction, mentorship, access to our trading community but at the end of the day, if you don’t show up and put in screen time, you will never make it even if you have matched all 7 signs!