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So You Want To Be A Forex Trader?
Find A Mentor In Everything You Attempt To Do In Your Life Before You Set Out To Do It
Now, you might be saying to yourself, “Why would a mentor be willing to help me? After all, I might end up being his competition in the future.” Frankly, if they are worried about that, you need to go find another mentor. After all, truly successful people do not fear competition.
They know that their greatest competition is not outside the walls of their business, but rather inside the walls of their business. Being a mentor myself, I am very qualified to answer that question with the following answers:
1. Greatness lies not in trying to be somebody, but rather trying to help somebody.
2. A mentor can potentially turn every person who comes along into a future mentor. We can all learn something from one another.
3. Mentors are kind to everyone because they understand how hard life’s battles are. They understand that everyone is fighting a difficult battle.
4. Mentors know that what they have done for themselves alone dies with them. What they have done, and continue to do for others in this world, and how they help these people in their struggles as they fight their battles in this world, remains and becomes immortal.
5. Finally, successful people make a living by what they get, but they make a life by what they give.
Success In Life Is Not A Fantasy; It Is A Formula:
Successful people who can become your mentor have discovered a formula that works in their area of expertise. Their daily focus is to be disciplined to that formula.
Mentors have learned how to think accurately from their past experiences of trial and error. They are very clear on how to separate facts from mere information. They have learned which facts are important and which facts are unimportant to their continued success.
Mentors have already made the mistakes and are skilled in not repeating them.
They are a brain you can pick, an ear to bend, and a person who can push you in the right direction. They are someone whose hindsight can work hugely to your advantage in creating your foresight.
The greatest reward in choosing a mentor is the fact that you get to learn from their mistakes rather than making them yourself. If you were to ask a true mentor, “What is the first step in learning and finding the fastest, most productive way of doing something and the truth of how things work?”
I expect they would answer by saying, “The first step is to talk less, listen more and stay humble.” If you were to ask them about the second step, they would say, “Talk less, listen more and stay humble.” Chances are they would even respond the same to the third step. Good mentors know what works and what doesn’t.
Furthermore, they don’t think they know everything so they humble themselves in order to learn from others.
A true mentor will not allow you to dig holes with a shovel. Instead, they will introduce you to a backhoe. You will make a big mistake in your financial life if you start something new and refuse to find a mentor.
Excitement And Logic May Get You From Point A To Point B, But A Mentor Will Take You Where You Need To Go
Think for a second. Think of the most successful person you know. Do they have two arms and two legs? Do they have two eyes and a mouth? Do they need to eat when they get hungry and sleep when they get tired, just like you do? Of course, they do.
Then what is the difference between yourself and them? It is their skills, their knowledge, their disciplines and their talent of repetitive patterns of thought, feeling, and action. Trust me, you will achieve success much faster if you can find a mentor and make an effort to learn from them.
Not Finding A Mentor Can Dramatically Hold You Back From Achieving What You Want Out Of Life
A mentor is a person you look up to. They are a person you respect. They are a person you want to be like. They are a person that is an expert in the area you want to sharpen your skills in. If you want to be a better father, go find another father that you admire.
A father that makes you say to yourself, “Boy, I would like to be a father to my children just like that!” Do three things: get to know them, study them, and do exactly what they do. Do the same thing if you want to be a good spouse, a good friend, and even a good trader.
Finding a mentor in your life is like acquiring a map to a gold mine. Rather than going up to the mountain kicking over rocks, wasting time for who knows how long, looking for that vein that leads to the mother lode you buy a map that specifically shows you where the beginning vein is that leads to the mother lode which accelerates your potential immediately.
This is the power of a Forex mentor.
Common Mistakes To Avoid And Persist Until You Succeed…
One of my greatest pleasures in life has been doing what people said I could never do. When someone tries to steal your dream and begins to tell you that you can’t do something, DON’T QUIT! Just smile and say, “I’ll show you.”
After all, people who say it cannot be done should not interrupt those who are doing it.
If you don’t chase your dream and don’t go after what you want, you’ll never get it.
Children are not afraid of making mistakes.
In fact, part of learning requires you to make mistakes.
We can all learn a lesson from children, in this regard, and learn to be more fearless.
Never Forget: Strong people make as many mistakes as weak people. The difference is that strong people admit their mistakes, laugh at them, learn from them, create systems to avoid making them again and move on. That is how they become stronger.
Most people beat themselves up emotionally when they make a mistake. Some people are so embarrassed about their mistakes that they go and hide thinking the whole world just saw what they did, when in fact, the rest of the world is not watching because they too are absorbed in their own mistakes and insecurities.
The fact is just about all of life’s most important lessons can only be learned from making a mistake. We need to learn to appreciate our mistakes for the lessons they teach us and for the disciplines they force us to implement.
You Must Take Chances. You must take a lot of them and not be afraid to make mistakes along the way. Because, honestly, no matter where you end up and with whom or what, it always ends up just the way it should be. Your mistakes make you who you are. You learn and grow with each choice you make.
And, with every wrong turn you make, where down the road you end up having to make a U-turn, you own that mistake and it places you in a position to do the thing you are attempting to do more intelligently. Every attempt you make to achieve anything great is worth it. Things don’t go wrong and break your heart so you can become disappointed, resentful or bitter and give up.
These things happen to test you, to see what you are made of, to break you down, and then build you up so you can be all that you were intended to be. Automobile companies test cars by crashing them over and over again, from all angles, at various speeds, with all kinds of weather conditions.
This is all done to ensure that the finished product is built as durable as it can be. When you go to bed at night, remember that tomorrow will always be a new day, enabling you to start it mistake-free. However, never forget that nothing great is ever achieved without setbacks. Be you and be okay with it. It doesn’t matter what any other person thinks.
Don’t regret the past. Learn from the past. Never let your past mistakes dictate who you are or who you want to become. Let it be a part of who you are committed to becoming. Don’t be ashamed if life knocks you down to your knees because you will be in the perfect position to ask for help. God doesn’t give you the people in your life you necessarily want. He gives you the people you need.
People are going to need you, want you, love you, save you, hate you, play you, rate you, judge you, use you, abandon you, and even try to break you.
The key is to never forget that this is what makes you, well you! If someone is strong enough to bring you down, show them you’re strong enough to get back up and even potentially bring them up with you. That is the ultimate sign of greatness — turning your enemy into your ally. Don’t dwell on what went wrong. Don’t get hung up on finding fault. Stay focused on finding closure.
Focus on what to do next. Spend your energies on moving forward toward looking and finding the answer that will eliminate the problem and turn things around for you. Successful living and successful trading are all about finding a remedy and not fault. We need to learn to persist until we succeed. Don’t dwell on what went wrong. Instead, focus on what to do next.
Nothing in this world can take the place of persistence. However, the reasonable trader does not fight the market. Rather, he adapts himself to the market and persists until he succeeds.
The unreasonable trader persists and demands that the market adapts to his world. It is there that the problem lies. You cannot insist that this market adapts to your needs. It will never happen.
Persistence allows you to get back on track when you hit a detour. It allows you to re-evaluate and re-adjust your thinking as you re-approach the market.
There are traders who persisted until they succeeded. They finally figured it out. But even though they figured it out, they were confronted with additional problems they would not believe were dead ends. They had the insight and courage to call these problems challenges. Challenges and obstacles are put in our way to see if what we want is really what we want and if it is worth fighting for.
People who are committed to their dreams will always find a way to figure things out. They will stop at nothing. They will bang on whatever door is necessary to keep their dream alive.
If the opportunity they are looking for is not there, they will make it appear someway, somehow.
Dare to be successful in life and at trading. Persist until you succeed and never forget these words: in the confrontation between the stream and the rock, the stream always wins.
This is not because of strength, This is because of pure persistence.
Talk To You Soon And See You Inside,
European Session Pip Earner And Coach
Helping You Financially
Author: CashForex Portfolio Trading Book
Author: Strategic Breakthroughs In Forex Trading Book.