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MOT #18 - How Important is the Weakest Link?

posted by Avatar warrenbuffet 1432 days ago in Trading Psychology

Our weakest link does not need to be a detriment to our success, but instead should be our strongest asset if we ensure that we know what it is and how to utilize it. The smallest steps we make can have the biggest impact on our success.... read more
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MOT #19 - Red Light... Green Light... Yellow Light

posted by Avatar warrenbuffet 1432 days ago in Trading Psychology

What do you do when you approach a traffic light? Do you slow down, keep going or speed up? The reason behind your actions! may also impact the way you approach your trading.... read more
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MOT #32 - The Mental Side - Method Commitment & Mentoring Approach

posted by Avatar warrenbuffet 1432 days ago in Trading Psychology

Our mental attitude is a powerful force that we need to harness. If we will dedicate ourselves to being more aware of where our mindset is each day, practice and study our trading method and continually participate in the mentoring opportunities t... read more
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MOT #31 - Are You Focused?

posted by Avatar warrenbuffet 1432 days ago in Trading Psychology

For each of us to continue to enhance our trading skills we need to remain focused on our commitments to both the technical and mental side of trading. When you do this, you will experience a clear picture of continued growth in your trading succe... read more
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MOT #30 - How Do You Approach Trading?

posted by Avatar warrenbuffet 1432 days ago in Trading Psychology

The way that we approach our trading has a major impact on the potential success that we can achieve? Don't allow the critics in your world to cause you to quit.... read more
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MOT #29 - Don't Just Make A Plan... Follow It

posted by Avatar warrenbuffet 1432 days ago in Trading Psychology

If you develop a solid trading plan and produce consistent results in a demo account, then make sure you have a psychology plan before you enter into trading with real money.... read more
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MOT #28 - A Decision to Change - Is this Good or Bad?

posted by Avatar warrenbuffet 1432 days ago in Trading Psychology

We all have challenging times in trading. At this point it is easy to decide to change direction and it could be a terrible decision. We need to be persistent and committed through the good times and the challenging times so that we become better ... read more
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MOT #27 - 5 Simple Principles

posted by Avatar warrenbuffet 1432 days ago in Trading Psychology

Sometimes the simplest thoughts and ideas can help us to improve our trading proficiency. Here are 5 basic principles that will help you to unlock some doors that might be keeping you from improving.... read more
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MOT #26 - Aim Small, Miss Small

posted by Avatar warrenbuffet 1432 days ago in Trading Psychology

Every trader wants to make a profit. However, that is not the most important factor. To be successful, you need to focus like a laser beam on one aspect of your process and then the results will take care of themselves. Focus on the small things a... read more
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MOT #25 - Review and Refine

posted by Avatar warrenbuffet 1432 days ago in Trading Psychology

For anyone to be successful when they move into a new phase of any program, they must review what they have done in the past and then refine these actions so that they will continue to grow. In this New Year, review your past trading actions and r... read more
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MOT #20 - Trading Needs to be Approached as a Business

posted by Avatar warrenbuffet 1432 days ago in Trading Psychology

If we are to be successful in any area of life, we need to have commitment. If we approach trading like a sideline or something to do when we have a few extra moments, we are asking for disaster. If you want to be successful in trading you need a ... read more
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MOT #21 - 4 Basic Steps

posted by Avatar warrenbuffet 1432 days ago in Trading Psychology

As in all professions, the most successful individuals always check their fundamentals to be sure that they are working on a solid foundation. The Forex trader needs to do a quick check to see if they are following the basic steps that can enhance... read more