2 Things Every Forex Trader Needs to Remember

In closing out this great week which was fraught with challenges and upswings, I wanted to share 2 things that have empowered me during my trading career from the beginning through to this day;

1) Choose the Path That You Burn, Churn and Yearn to Be
Over 13 years ago, I started trading. I had no training in business, economics, or finance. Not even one business class in college. I was teaching yoga, mostly wearing pajamas all day, putting myself in postures normal humans or animals don’t bother to entertain.

So imagine the look on my family and friends faces when I told them I wanted to be a forex trader. On the gentle side were question marks across their faces. From my parents – complete panic I’d never have a stable life.

Yet from the moment I opened up that platform and hit buy on the USDJPY, I knew what I wanted to do.

The burn, churn and yearn that I had back then to learn to trade back then is the same as it is today. The hardest decisions we face are usually the ones which nobody supports. Yet usually they are often the most important ones we’ll ever make.

If you feel a burning inside to trade – don’t ever forget it, and don’t let anything stop you. Whether you have to sleep in your car, walk over broken glass with no shoes, or forgo sleep for years to come. Do it, and don’t stop till you get to the other side….

And then keep going.

2) Enjoy Your Flaws – For They Reveal A Hidden Wisdom
We all come to trading with flaws. We are human, and being human means having flaws. Any flaw we have will be reflected in trading which will mirror your strengths and weaknesses.

Have a problem with discipline? That will manifest in your trading. Fear losing money? That will manifest in your trading. Do not have the mindset of abundance? That will manifest in your trading.

The good thing is Рyour flaws reveal a hidden wisdom, a small buried treasure that will fuel us for a lifetime. Usually what separates us from that wisdom is fear. And it is this fear which robs you of your natural intelligence, of a confidence which is yours to claim.

So instead of getting hung up on your flaws, spending your mental energy in the rear-view mirror, enjoy your flaws, because on the other side of that flaw – that mountain you have to climb, is a wisdom for you to behold.

the trading mindset climbing the mountain 2ndskiesforex.com
Have a great holiday weekend.

Kind Regards,
Chris Capre

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Buddhist, Trader and Philanthropist

I'm Chris Capre, Founder of 2ndSkiesForex. I help traders of all levels change the way they think, trade and perform. As a professional trader, I specialize in trading price action. As a teacher, my passion lies in showing you how to re-wire your brain for successful trading. Want to improve your edge right now? Visit my Price Action Course page.

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  • Dragosh

    Thank you for this article Chris! and thanks for keeping them coming. You must have a natural thing for motivating people to go on and never give up and to strive to get where they want to. You of all are the best example of it. Highly motivating! Thanks!

    • Hello Dragosh,

      Thanks mate – I hope to be able to motivate and inspire people in any way I can.

      Kind Regards,
      Chris Capre

  • alex

    Hi, Chris, I have been trading the forex market for about 3 years. I never had success because of my flaws .The ones you talk about in your article .I am impatient ,I fear losing money and constantly checking my trades, also I interfere with them . your article gave me hope I can overcome them. Also I know deep inside I have the burning desire to become the best trader I can be. thanks a lot for your postings ,I follow you on google + always.

    kind regards

    • Hello Alex,

      This is quite honest of you, so tis a good start. If you have the burning desire, then you have a key ingredient, so definitely don’t give up.

      If you ever want to work on your fears, flaws, worries of losing money, impatience – let me know as we’ve built a training program for this.

      Kind Regards,
      Chris Capre

  • Hoh

    Hi Chris, I’m walking on your path, feeling pain and fear. People think I’m stupid to venture into this business. But I’m trying to go through this and hope to be like you one day. I realize most successful people were being called stupid before they become what they are today. Thanks.

  • Mark

    Hi Chris,
    Thanks for the words of encouragement to keep up the faith. I have been trading for 10 years and have never been very consistent. I refuse to give up like so many I have come across over the years. Thank you.

  • Monty

    Chris,

    i truly believe in what you said. if you want something work on it until you get there and one day you will get there for sure. ” Every master was once a disaster “

    • Ha – great quote on the ‘Every master was once a disaster’

      I dig that one so thanks for sharing.

      Kind Regards,
      Chris Capre

  • Hugo

    Hello Chris,

    I feel that burn you are talking about
    and I made a vow to myself that I would learn to
    become a successful trader no matter what.

    PS. One of the reasons why I have just enrolled in your course…

  • Carlos G. Weins

    Chris,

    What a great article, to be aware of our weaknesses present them in front of you, recognize them and gradually rotate ’em while we watch them, it will help us overcome our fears. Once again thank you for your work and contribution.

    Carlos

  • azlan atputharaj

    It brings tears to my eyes reading your article Chris (6 years and still struggling). Really appreciate your write up. Thanks.

    • Hello Azlan,

      Am glad you liked the write up. More than likely, the struggle is within yourself – not the markets, so dig deep into finding out what steps you may have skipped, what corners you may have cut, and then take small steps to correct them, focused on process – not results. This will give you the best chance to get there.

      Kind Regards,
      Chris Capre

  • premnath

    Hi Chris
    Thanks for the article.
    You have been with us traders everytime we needed you.
    you really want us to suceed.
    I will give you the pleasure of having your student suceed-dont know when but one day:)
    Thanks again chris for being there for us.
    Regards
    Sahaj