Every trader has that one thing they always want more than anything else which is :  MAKING MONEY!  I mean who wouldn't?  The main reason of going into any business is for the main essence of making money! so yes, you cant fault any trader for wanting it for themselves, but with that mentality comes many downfall! There are steps to take before MAKING MONEY in any business. The major thing is like every other business is the PROCESS!!!  There are processes/hierarchy to everything in life and this would not be exempted! I shall share with  you the processes I wished I knew when I started the FINANCIAL MARKET BUSINESS 5years ago! Here are mine top 3 goals to follow accordingly: 1.Develop a money management plan: Your first goal must be long-term survival. 2. Cultivate a steady growth of your Capital. With a solid trading plan and a proper risk management in place it can be ACHIEVED, without you over trading or under tradin...

 I remembered in my early years as a TRADER, Things was not as it is NOW! we were part of the people that kept struggling and struggling till i found the cheat code: 1. Forex trading is a business treat it as SUCH! 2. there is not magic formular. 3. PRICE ACTION IS KING 4. Stop wasting Money on so called GURUS! 5. The brokers are not your  FRIEND! 6. STOP LOSS, RISK MANAGEMENT AND MONEY MAMAGEMENT IS UNDER-RATED! 7. You will keep losing money if you treat FOREX as a get rich quick  scheme... 8. KNOW thy LEVERAGE, SLIPPAGE AND COMMISION 9. 3 things to do in the market: when to sell, when to buy and when to not do anything at all! 10.TREND IS YOUR FRIEND

 As a trader you would always lose money when you constantly trade against the big guns, MVPs, hedge Funds etc. You need to learn when and how to exit the market, often times a lot of retail/amateur traders gets excited with winning trades that they forget it doesn't rain always! Thats why I recommend the ICHIMOKU CLOUD! I'm sure you have heard or seen it all the time, but do you actually know how to use it or what it is used for?  let me break for you. The ICHIMOKU CLOUD helps you to identify when the HEDGE FUNDS, BROKERS and the BANKS are in the market! It helps to safeguard your money. Especially when traders get carried away, forgetting that it doesn't always rain profit in the market, there are times it becomes dry and harmattan! I mean, it's a win and loss business like every other business out there. All you need to do, is use appropriate risk management and money management! like I always tell my students and mentees, there 3 things you can do in the market: 1. ...

 Several traders have argued against what they thought was the “negative thinking.”  of Losers Anonymous.  A retired woman from Texas, a highly successful trader, described her approach. She is very religious, prays every morning, and then drives to an office where she actively trades. Whenever the market starts moving against her, she cuts her losses very fast because it would not, please the Lord for her to lose His money.  I thought that our methods were similar. The goal is to cut losses due to some objective, external rule.   Trading within a businessman’s risk is like living without alcohol. A trader has to   admit that he is a loser, just as a drunk has to admit that he is an alcoholic. Then he   can begin his journey to recovery!   This is why every morning before trading I suggest saying: “Good morning, My   name is so-and-so, and I am a loser. I have it in me to do make serious progress to my account.”  This is l...

The goal of a serious technical analyst is to discover the balance of power between bulls and bears and bet on the winning group.  If bulls are much stronger, you should buy and hold. If bears are much stronger, you should sell and sell short.  If both camps are about equal in strength, a wise trader stands aside. Do you ever stop to wonder where your expected profits will come from? Is there money in the markets because of higher company earnings, or lower interest rates, or a good soybean crop?  The only reason there is money in the markets is that other traders  put it there.  The money you want to make belongs to other people who have no intention of giving it to you. Trading means trying to take money from other people, while they are trying to take yours—that’s why it is such a hard business.  Winning is especially difficult because brokers and floor traders take money from winners and losers alike.

A trading goal not written down is still only a thought. ACTION SPEAKS VOLUME ! Do you think writing down your Trading goals is essential to achieving them? I do. Because I have used it and know what it feels not to have a TRADING GOAL & how it works. I don't remember how it started, but it's something I do recommend for everyone. Here’s 5 reasons why: 1) It forces you to clarify what you want. knowing what currency to trade, and what Appropriate time to enter. 2) It will motivate you to take action at the right time. you know TIMING is KEY 🔑 when trading. Having trading goals set is great, but taking action is the only way to achieve them. 3) It provides a filter for other opportunities. Set time for other things as well. The more successful you become, the more opportunities will present themselves.( READ AGAIN SLOWLY) 4) It will help you overcome resistance, OVER TRADING or under TRADING. Every time you strive to achieve a goal you’ll also encounter resistance. Focusing...

I teach Financial Literacy that no one will tell you, that has left a lot of people broke and penniless, some begin to wonder if its ill luck or the so-called village people! This is something a Simple financial knowledge/Literacy can correct! Before you Venture into trading, Make sure these things are sorted 👇🏿👇🏿👇🏿 1.Capital: to multiple your income or earning. 2. Savings: remember it will not be sunny the whole year, rainy days and harmattan days comes too. 3. Cash at hand: just in case of emergency, feeding and the likes. This safe guides you just incase the Market takes you out, you would know these things are secured so you avoid running helter-skelter. Now, Before you buy anything such as CARS, PHONES make sure you have these things sorted: 1. Make sure you have your rent for a year sorted. (if you don't live in your own home) 2. make sure You've your feeding money 6months advance. 3. Make sure you get Your Capital in place. Then you can Buy whatever you want to Buy...

As a trader I Always believe in slow & Steady wins The Race or the market will Anyways.  If you can't handle a $1000 account,Most definitely you wouldn't be Able to Manage a $10,000.  It's no brainer Actually, because that is where RISK AND MONEY MANAGEMENT COMES TO PLAN!  what I have realised is : most people try to change conditions and circumstances by working on conditions & circumstances.  That is a terrible waste of time and effort. trust me as a trader who has been there done that. So I'm in a better place to Share my experiences.  Most traders fail to see that their condition flow from a cause,you must remove the CAUSE.( FAMILY.  SURROUNDING, MENTAL INSTABILITY, STRESS & EMOTIONAL TURMOIL). that cause Is the way you use your conscious mind.The thought and image you encourage in it( whether losses or failure). start internally to change Everything.  it's all PSYCHOLOGY!  I'm rooting for YOU! 

 Trading forex news releases requires a tremendous amount of composure, preparation and a well-defined strategy. Without these qualities, traders can easily get swept up in all the excitement of a fast-moving market to their detriment. This article provides useful strategies on how to trade forex news during a major news release. There are two common strategies for trading forex at the news release. Initial Spike Fade strategy News Straddle strategy Initial Spike Fade Strategy: This strategy looks to capitalize on an overreaction in the market over the short term by fading the initial move. This strategy suits reversal traders, scalpers and day traders due to fast moving and erratic pricing that often follows a major news release. News Straddle Strategy: The news straddle strategy is perfect for traders expecting a huge surge in volatility but are unsure of the direction. This strategy lends its name from a typical straddle strategy in the world of options trading as it uses the sa...

  MASS PSYCHOLOGY: Traders can be divided into three groups: BUYERS, SELLERS, and UNDECIDED! BUYERS: want to pay as little as possible. SELLERS: want to charge as much as possible. UNDECIDED: Are putting pressure Their permanent conflict is reflected in bid-ask spreads, “ASK” is what a seller asks for his merchandise. “BID” is what a buyer offers for that merchandise. A buyer has a choice: to wait until prices come down or pay what the sellers. demand. A seller has a similar choice: wait until prices rise or accept a lower offer. for his merchandise. A trade occurs when there is a momentary meeting of two minds: an eager bull agrees to a seller’s terms and pays up, or an eager bear agrees to a buyer’s terms and sells a little cheaper. The presence of UNDECIDED traders puts pressure on bulls and bears. Buyers and sellers move fast because they know that they’re surrounded by a crowd of undecided traders who may step in and snatch away PURCHASING POWER!

90 days Trading Challenge  90 minutes daily  1 important project (To Hit 6Figures in 90days) No distractions. No interruptions. No excuses. The 90/90/1 Rule 1. Choose your single most important project(it can be Anything From your Trading plan) Which goal would be a total game-changer for you? Something that would shift the trajectory of your life. Make it big. This is your "1" 2. Dedicate your first 90 minutes of the day to this project. As I have Previously said Taking out Time to focus on your Trading Goals is KEY 🔑 Block out 90 minutes on your calendar in the morning. No distractions. If this goal is actually important to you—there should be no excuse to not make time for it. 3. Commit to this for 90 days trading marathon. ( like we're Doing) Here's where it gets tough. Anybody can do it for 1 day. Consistency is what separates the doers from the dreamers.

Traders would benefit from our own self-help organization—I’d call it Losers Anonymous. Why not Traders Anonymous? Because a harsh name helps focus attention on our self-destructive tendencies. After all, Alcoholics Anonymous doesn’t call itself Drinkers Anonymous. As long as you call yourself a loser, you’ll focus on avoiding losses. Several traders have argued against what they thought was the “negative thinking” of Losers Anonymous. A retired woman from Texas, a highly successful trader, described her approach. She is very religious, prays every morning, and then drives to an office where she actively trades. Whenever the market starts moving against her, she cuts her losses very fast because it would not please the Lord for her to lose His money. I thought that our methods were similar. The goal is to cut losses due to some objective, external rule. Trading within a businessman’s risk is like living without alcohol. A trader has to admit that he is a...

Habits are the key in trading the financial Market, remember it's all About PSYCHOLOGY. If you focus on the destination, you'll often fail. focus on the process, the losses, discomfort and Gains. Focus on the habits that will lead to the destination.( Discipline and consistency). If you run every single day, you can run a marathon.If you read every day for 30 minutes, you will read 30+ books per year. Let me Break it down. Daily showing up and Being  consistency towards your trading will make take you to your Desired situation. Start Small( Yes, I know how everyone needs to get $5000, $10,000) you Can start With $1000-$4000 and Learn the ropes. You would get more experience when you trade Small ( well small is relative). Too often you think you need to start too big and: • don't start • crash and burn Instead, start as small as possible. Stack the simple wins out of the gate. These wins compound and build you to where you want to be.

How to Find an Accountability Partner in Trading.  Finding an accountability partner doesn’t have to be a difficult process.  My suggestion is to look for a person who has all (or at least most) of these qualities:   1. Similar goals or interests 2. Familiar with the focus of your goals 3. Positive, driven and persistent 4. Reliable enough to meet on a weekly or bi-weekly basis 5. Strong-willed enough to (nicely) kick you in the butt if you’re slacking. Who this person is depends on the nature of your goals. It can be a friend, family member, colleague or even someone you’ve met on the Internet. For instance, sandy and I connected through our forex training. While I’ve never met her in person, she completely trust my advice because we share a mutual desire to build a successful, content-based Internet business in forex trading.   There are a lot of places to find a great accountability partner: local clubs, business groups,seminars, activity centers (gyms, libraries,...

Upgrade your surroundings when trading, this Helps you stay focus 💯 You are the average of the five people you spend most of your time with, so choose them carefully. Choose 5 people/Coach/mentors  that you would love to learn from and be like! Stop hanging out with people who are an impediment to your growth,Because if You're not progressing, You're Regressing & that affects your PSYCHOLOGY. Be around those who want you to become successful. Have Personal trading goals. don't follow all signals out there!  Focus on your goals. You will be much happier when you tie your life to goals, not people. Become unstoppable and achieve a specific goal; remember why you started, and never lose sight of your objectives. Have a purpose, Don't enter any trades Without a Calculated Risk! There is no life without purpose. Once you find a purpose and give meaning to your life, you start working toward it and living up to your full potential. Remember that everyone has 24 hours a d...

As a trader do a Goal Evaluation Every Three Months.You work hard on your goals every day.  You even review them on a weekly and daily basis. The problem? Some people never take a step back and understand the “why” behind each goal.  In other words, people don’t review their goals to see if they’re actually worth pursuing/Doing.  That’s why it’s important to have a goal evaluation every three months.   What’s the point of a three-month evaluation?  it helps you measure the progression of your long-term Goal. Then you’ll take a look at how your daily actions match your expectations.  And finally you end with an action plan for the next three months.   You can complete a three-month evaluation by asking a few simple questions to yourself: Have I attained the desired outcome from my daily/weekly trading goals ? What were the successful and unsuccessful strategies/tools?   Did I put 100 percent of my effort toward completing these goals? If not, why? ...

Use Accountability to Stay Motivated whilst trading. There is a strong connection between goals and motivation.  Goal setting guides a person in achieving their desired outcomes, while motivation provides the psychological inspiration needed to take action.  You are more likely to take consistent action if you have a true sense of purpose while you work to achieve a goal whether in Trading Or anything else. Your motivation gives you that sense of purpose. Motivation is essential because it sparks both the physical and mental stimulation necessary to achieve your goals.  If your goals are motivating, you feel energized enough to stay committed, work hard and perform tasks in an efficient manner.   Why Do People Feel Unmotivated?   It’s surprising how often we feel unmotivated to do a specific activity—even if we know it’s directly related to an important goal.  There are a few possible reasons why you often get this feeling with a task:    It doesn...

The three pillars of successful trading are psychology , market analysis , and risk management PSYCHOLOGY:  Anchor Goals to an Existing Habit We all follow certain daily routines like eating a bowl of cereal in the morning, watching the evening news or taking your dog for a walk.  You don’t have to “force” yourself to do any ofthese things because they’re ingrained habits.  The good news here is you can take these routines and anchor them with the review habit. same With The TRADING PSYCHOLOGY. RISK MANAGEMENT:  Progress Bar:  It’s another way to add a visual element to all the hard work you’ve done.   For example, let’s say you have this goal: “By April 1, I want to have a total of $20,000 in my savings account through TRADING GOLD that will be used as a down payment on a house.” You could create a progress bar with $0 as the starting point and $20,000. This help you are a trader in knowing when to cut ✂️your losses, enter and exit a trade ! MARKET ANALYS...