THE PATH TO BECOMING A PROFESSIONAL TRADER AND INVESTOR IN THE FOREX, FUTURES, AND STOCK MARKET

“I had a trading setup to enter the market, and I found it very difficult to pull the trigger, why?” This question is one of such questions that frequent our ears at our online trading academy, and we have experienced occasionally. This article will address this issue, including the simplicity in trading and investing in the forex, futures, and stock market, as you aim to become an expert at trading and investing in the trading arena.  

Successful trading and investing majorly doesn't come primarily from strategies as many aspiring traders believe but also from the mental side of trading. Just like other endeavors, you must learn how to trade correctly and then practice endlessly. For us, successful trading constitutes of: 

Strategy = 40% 

Risk Management = 20% 

Psychology = 40% 

To record appreciable success in your trading journey, you must have stringent risk management plans in place. However, even the best risk management plan may be tantamount to nonsense without a mentally stable mind and a proper strategy that has a proven track record in the market place.  

Psychology is essential if you want to record profits consistently. Because of this, we also incorpoated trading psychology classes here at our online trading academy. After learning the fundamentals and mechanics of trading (left brain training), we move further to the mastering of emotions. Traders must understand themselves and how they react to some conditions of the market. As a forex, futures, and stock trader, you must also train your intuitive mind (right brain training) to assist you in identifying consistently profitable trading patterns. In our classes, trading mentors teach students how to identify demand and supply zones. Time is consequential to training the mind on what to look out for on charts.