What if I told you that there is one thing that you can do as a trader? What if I said that all professional traders have one key habit in common. Further, what if I told you this secret habit allows the future to be anticipated by these expert traders and allows these traders to trade in a manner than traders? Traders using this habit understand what to expect from the markets and this habit gives a decided advantage that forex traders don’t have, confidence in their trading systems to these traders. Keep reading to see how you may create this habit yours that is key.
Would you like to know what this secret habit is?
This habit is not adopted by many traders though this secret habit is by far the single best predictor of trading success.
This is the one thing that all successful traders have in common. This one habit is known by many dealers but adopted by a few traders. Consequently, these few dealers are often the most prosperous traders on Earth and constitute the 3.7percent of profitable forex traders. Adopting this habit is the most important thing you can do for your trading.
This is a secret as it allows this group of forex traders to trade relaxed, anticipate the future and remain confident that traders hold dear.
That successful forex traders share, this one habit is this: their trading strategies are back tested by successful traders. They take the time to pour over market information using one of three testing methods. Successful forex traders have the ability to keep a more relaxed approach as they’ve seen their trading system perform over the years – often over the course of thousands of market scenarios and transactions. Armed with the data these consistently successful forex traders have the ability to anticipate the future. Maintaining a quiet assurance, successful forex traders have information to support their trading knowing that they will prevail in the markets have seen their trading platform work previously, and they know it is going to work later on. (more…)