E-book Category: Forex
E-book Title: Forex Mental Fitness
Book Description: Read on to discover:
- How to avoid crippling losses than can wipe out 30%, 50%, or even 100% of your account.
- Why even the best trading method in the world won't help you to make money on Forex.
- How to make money on Forex with ease, avoid anxiety, and enjoy the good life all the way to the bank.
- The two worse Enemies of any Forex trader and how you can defeat them.
- How to minimize your losses and never allow them to affect your mood, confidence, or future success as a trader
Dear trader,
It's time for the truth!
For too long you've been led to believe that all you need to become a successful trader is to buy the latest course, system, signal service, or robot.
For too long you've been made to believe that the way to get rich in Forex is as easy as paying $97 to $197 for the latest product and watch the money pile up in your account.
No more!
The truth is that you've been misinformed (and often lied to) by the very people you've been led to trust.
You've always thought you were getting all you needed to win the game of Forex and make money easily, but you've been deprived of a crucial ingredient without which no success is possible.
How do I know?
For one thing, I've seen too many traders fall for the "next best thing" only to find themselves poorer, more depressed, angry, and sick to death of Forex.
For another, I just use common sense: if all you needed to succeed was to get a certain trading method or a course, then why do the vast majority of traders, 95% or so, end up losing? Why don't they just get one of these methods?
Time for a reality-check: you can get the next dozen "hot" methods or courses, but I bet that you'd still end up a loser.
It's not because you're not smart, it's not because you don't deserve to win, it's not your fault at all. It's because you don't have the full picture.
I want to fill in the blanks.
You can buy all the courses and tools you want but you'd only be 10% closer to your goal of being a consistently successful trader.
The truth is that Forex trading is only 10% knowledge. The other 90% is your mental fitness. Educating yourself is important but it pales in comparison to how you do "mentally".
Why?
Because of your two big enemies: FEAR and GREED.
Say Hello To Fear
Fear exists in every trader. It's part of putting your money on the line and risking it on each and every trade. And don't believe anyone who tells you that risk does not exist.
Risk does exist and so does Fear.
The problem is that Fear can cause you to abandon the right way of trading, the one you know in your Brain, and push you to make all sorts of stupid decisions that will cost you money.
Here's a common scenario...
You're in a trade and it's going your way. You're already 30 pips in profit but your trading system instructed you to place a Take Profit price at a 100 pips profit.
You're waiting to cash out with the full 100 pips but suddenly the market turns against you. You watch in dismay as your profit shrinks to 25 pips, to 20, to 15...
...When it reaches 10, you can't handle it anymore. You're scared s**tless. You can't stand the fear that this profit is going to be wiped out. Heavens Forbid, you might even end up with a loss!!!
You close the trade and pocket the measly 10 pips profit (minus the spread for your broker) even though this decision went against your trading method, the one you paid good money for. You breathe a sign of relief, congratulating yourself on getting at least some money out of this trade...
...But then the trade rebounds. It begins to go the way it was supposed to once again. You watch the way the chart goes, this time from the sidelines because you've already left the field.
Finally, the market crosses that 100 pips point, the price your trading method told you to set, the one you knew in your BRAIN, before fear set in, that you had to take.
The result: you ended up with 10 pips, leaving 90% of the profit for another trader to take.
Should this have happened?
Hell no, but it did, and it was all because you couldn't handle the fear. Even though you had all the knowledge you ever needed.
10% of trading is knowledge, 90% is mental fitness. The mental fitness that lets you handle fear without allowing it to affect your decision making.
Say Hello to Greed
It's OK to want to make money. That's the reason why anyone joins the
Forex market in the first place. But Greed has a dark side. Because you want money, you may try to do crazy things to get it or avoid losing it.
Greed can drive you to take too many risks, get into trades you had no business being in, and do silly things that can cost you thousands of dollars. Greed is just as nasty as Fear.
Common scenario #2
You enter a trade and dutifully place a Stop Loss. You don't believe this trade will be a loser so you think of your Stop loss as a worse case scenario, but your trading method instructed you to place it, so you did.
The trade immediately turns sour: you go into a loss. You watch as the market draws closer and closer to your Stop Loss. Any moment now you're going to be pulled out of the market with a 50 pip loss.
How could this have happened? You've analyzed everything and the market was supposed to go your way. It has to go your way.
This must be a momentary setback, you think. The market will turn around. You change your Stop Loss, giving your trade more room to play itself out.
You know you shouldn't have done it according to your method, but you did.
Why?
GREED. You couldn't handle making your loss official. As long as the trade is at play, your loss is "theoretical". Once you're out, it's over.
What happens?
The market doesn't care what you think and it continues to go against you. Finally, you close the trade in desperation with a 100 pip loss, twice as much as you should have suffered.
All because of Greed.
It didn't matter that you mastered your trading method, it didn't matter that you took the latest course, or know how to read a chart in seconds.
Your own human nature defeated you. You did not have the mental fitness to deal with Greed.
Bottom Line
This is why so many traders lose money. It's easy to acquire knowledge. All you need to do is buy it. What separate the winners from the losers are their mental fitness and their trading discipline.
This is my point: you can continue to buy trading products all day long. If you don't handle your emotions, if you don't control GREED and FEAR, if you don't have the right mindset, you're not going to succeed. Better save your money and stick to your day job.
Imagine a world in which...
- You can make more money on Forex each and every month than you ever did on your day job
- You're able to trade without anxiety, tension, or fear.
- You Become the sort of trader who has unlimited confidence and who's makes the right decision time after time.
- You can cut your losses to a bear minimum both in size and frequency.
- You can actually learn a new trading method and have it work for you.
- You're able to spend less time on trading while making more money.
- You have a real edge over other traders in the market
- You can boost your profit potential by more than 100% and make thousands of dollars each year on Forex.
This is no dream. It can be your reality. A better world is at your fingertips.
The time to get it is now!
The real way to get an edge in the market
The sad thing is that most traders don't realize that they can easily get an edge over more than 90% of other traders in the market.
Since Forex success is based 90% on your mental fitness, once you have a solid control over your emotions, you will have the advantage over nearly all traders in the market. And in Forex an advantage quickly turns into more money in your account. It's as simple as that.
Once I realized this, I decided that enough was enough. No more going after the next big thing, no more trying to find a "Holy Grail" of trading. No more wasting my time or money on 10% of what real and consistent Forex success is made of.
I decided to take action and use my brain to find the answer. I knew there was some way I could train myself and others to improve their mental fitness and become disciplined traders, the kind that don't make emotional mistakes due to Fear, Greed, or any other emotion.
I studied various mental techniques, anything from visualization and subconscious education, through affirmations, to EFT, confidence boosting methods, anything to harness the mind's awesome power to work for you as a trader, instead of sabotaging your efforts.
I consulted veteran Forex traders, psychology experts, read and researched, knowing that by doing this I will not only be helping myself, but thousands of traders worldwide.
When I finally finished writing, recording, and perfecting this package of knowledge, I knew that what I had created can make a real change in the lives of traders from all corners of the earth. People desperate to succeed.
I call this Forex Mental Fitness, the 90% Hidden Factor For Forex Success...
Why I made this site
I've been in contact with thousands of traders over the past few years, a lot of them new or intermediate, still trying to find their way through the market. People like YOU.
I bet that you don't want to be a millionaire tomorrow. You probably came into Forex trying to find a way to make a little something extra for you and your family.
Sure, you'd like to retire young and let Forex pay the bills and one day this can be the reality for you, but for now, I bet you'd be happy just to make a consistent profit month after month.
I created this site for you because I know that you will never achieve this success until you learn to master trading psychology, no matter how many courses you buy and how many hours you spend in front of the charts.
Who I am and Who I'm Not - I am not a Forex GURU like so many scammers claim
- I don't make millions of dollars each year
- I don't have a yacht, a fancy sport car, or a big house with a huge swimming pool.
- I don't spend my time hanging out on a sunny beach on an exotic island.
- I don't have fancy account balances or a trading account sheet with a 99.999% accuracy rate in my trades.
- I am not a scammer
However...
- I do make enough money to not have to work at a 9-5 job anymore.
- I know how You can train your mind for Forex success (and success in other fields as well).
- I know the kind of emotional turmoil a trader goes through.
- I am someone who studied how the mind really works.
- I do know how to make the mind your friend instead of your enemy.
- I am someone who can show you how to use your mind's power to cut your losses and boost your profits.
- I want to help YOU stop wasting money on more and more Forex products when they really can't help you succeed as you should.
Why some Forex 'Gurus' Will Not Like What I'm telling you today
While there are some honest Forex experts that really want to help people, the vast majority of products are created by unscrupulous marketers who care very little about how traders really do.
There's nothing these people would like more than to see you continue to fail. Why? Because they know it will get you to buy more and more of their products. They know that the average Forex trader is always looking for the next big thing, the "Holy Grail".
They know that until you develop a steel-power Forex Mental Fitness, you'd never be able to achieve long lasting success, that sooner or later you will fail and come rushing back to buy their next product, and the next one after that.
I'm willing to make myself a target on your behalf, to take all the heat, threats, anger, and curses Forex marketers will fling at me. I believe it will be worth it if I can reach out to even just a single trader and help him or her achieve real and lasting success. I hope this trader is YOU.
I want to show you how to turn Forex into a fun activity, not something stressful, how to be able to execute trade after trade without hesitation, how to develop a winning mindset that only a handful of traders possess.
"The reasons why you need Forex Mental Fitness right now..."
- Finally join the exclusive "club" of the top 5% traders who actually make money on Forex.
- Stop wasting money on one trading system after the other without hope of success.
- Enjoy trading the Forex market without worry, stress, or tension.
- Get the key to cut losses to a minimum and boost earning potential dramatically.
- Spend less time on actual trading and chart analysis while improving your bottom line.
- Become a disciplined trader, capable of making objective, logical, decisions time and time again.
- Turn your mind into a powerful force leading you to ever growing success.
- Harness your own mental abilities to turn you into a power-trader, someone who simply cannot fail in the long run.
- No more nail-biting, tension filled trading... face any kind of volatile market with the discipline of a Commando soldier.
- Cut your risk factor to a measly 2%... leave the crippling losses to other traders and laugh all the way to the bank.
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