Final comments

In this journey, you saw many aspects of trading, to help you understand what trading really is. I hope it helped you realise what is really behind the scenes of a trade, things that most traders usually underestimate.

If you want to become a professional trader, but so far have only had disappointing results, then this journey tells you exactly what you need to do: you have to change your mindset and become a new person. The saying “the definition of insanity is doing the same thing over and over again, but expecting a different result” is often attributed to Albert Einstein, and it fits this situation perfectly.

You have to look at trading with different eyes. The most important thing about a trader is their mindset. A trader must have an entrepreneurial mindset and see trading as an entrepreneurial activity.

When starting a company, drawing up a business plan is of fundamental importance to avoid unpleasant surprises. Your business plan is called a trading plan.

It will not be easy at the beginning, but it is the only way you can emerge from mediocrity. I have shown how feelings and emotions work against you when you trade.

The big problem for traders when managing their own emotions is that everyone is different, so it is impossible to have a system that works for everyone without distinction.

So, what can you do? What did you learn from reading this journey?

You simply need to know yourself and understand what the feelings that negatively affect your trading are. You have to work on yourself, changing your way of thinking and habits.

I know, it is easier said than done, and the bad news is that trading is the most difficult business in the world. Do you know why? Precisely because it brings you face-to-face with your emotions, your mindset and your character.

Most likely, you have already tried to change a bad habit before, so you know how difficult it is. Just think of smokers. But I have shown you how to do it, so now it is up to you.

Therefore, do not think for a moment that trading is just pressing buttons on a platform, buying and selling just to watch prices rise and fall on charts. Or just subscribing to some trading signals: stuff for losers.

The results I get in trading come from a lot of study and practice. There was, and still is, a lot of work behind my actions. You can also get important results in this business, maybe even better than mine, but only if you work hard and seriously.

There is not much chance of being successful as a trader if you do not have a strong desire and passion for trading. The most successful traders love trading. They have developed a real passion for it. The reason they continue to be traders is rarely money; more often than not it is their love for their profession and the various aspects that go alongside it. Steve Jobs, the co-founder of Apple, said in his 2005 commencement address at Stanford University: “the only way to do great work is to love what you do.”

Immersing oneself in learning, training and personal development, as well as gaining clarity over long-term goals and objectives: these are the helpful behaviours that will support the development of this trait.

The only way to earn in trading is by increasing your skills. No system makes you earn money automatically. You must never stop learning, especially from your mistakes. Because in trading, the moment you think you know it all comes just before the moment when you find out that you do not.

In conclusion, you have to mould your trading style around your own particular strengths while working to offset the weaknesses and flaws you possess.

I close with one last quote. The saying “there is a driving force more powerful than steam, electricity and nuclear power: the will” is often attributed to Albert Einstein. If you have the will to become successful, you will!