When you start forex trading, you will be faced with mental uncertainty. You should find this uncertainty justiﬁable. It is part of the learning process you must go through with any new area of knowledge!
Inevitably, uncertainty is part of the trading territory. Learn to embrace it. Part of overcoming these challenges is to be prepared to face the gaps in what you know about forex trading. Take the time to ﬁnd a community and system that will help you properly ﬁll those knowledge gaps. This will provide you with the right kind of conﬁdence that ultimately produces the results you want.
What’s a good trading system though? Staying responsive to changing conditions is an absolute must! What good is a system or trading tool if there is no support or continued education to help you become more responsive to change?
The rules of supply and demand are very clear. If something works or is proﬁtable, demand for that thing increases. When a ﬁxed system becomes proﬁtable, demand for that system increases. And the supply of money to be made trading with that system decreases.
What does a trader do with an old and no longer proﬁtable system? Some will inevitably go searching for the next potential system on the rise, the golden goose. Some reﬁne the system using additional data to be unique or diﬀerent to make a proﬁt from what is now the norm. This is where continued education comes into play.
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