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| The fourth stage on your forex journey
Dear Subscriber,
You enjoyed yourself through the 'euphoria stage', when you hit on some beginner's luck and pocketed some winners...
You managed to survive the 'crash and burn' stage when you got a bit cocky and ended up losing a bomb...
And you're well into the 'growing and maturing' stage: you're listening to experts, you're reading around the subject and taking the time to learn the basics...
You're ready to move to the final stage of your forex journey...
Take the £1,000 a week challenge If you've got what it takes to complete it, you could be looking at pocketing an extra £1,000+ a week from the financial markets...
Because the exact same skill you need to crack this simple challenge is the only skill you really need to take advantage of this simple trading technique...
Understanding you're in it for the long haul
So, the final stage I call the 'long term reward stage'.
When you find yourself at this stage you'll be trading in a way that consistently makes you money...
You're regularly picking up more profit points than you lose.
And not only are you making money, you're trading in a way that suits you and your lifestyle.
You'll know when you've reached this stage as you'll be more relaxed when trading...
You'll know exactly what you are looking for...
And why you see it, you'll purposely place your trade without any stress or hassle.
Gone will be the days of panic trading and running around like a headless chicken.
For me, this stage is reminds me of being an experienced fisherman.
I know, I know... sorry to keep going on about fishing, I just can't help it.
Anyway, when you become more experienced as a fisherman, you only go out when you expect a lot of fish.
You deliberately set up your tackle in the best place, add the bait and then cast your line.
You sit back, relax, enjoy the view... just being sure to keep half an eye on the float.
In fact, some actually have a machine to do this that sets of an alarm when they've got a bite.
However you do it, you sit there on the bank at peace - and that's what's important.
The joy of becoming a contented trader
When you're content in your trading, when you enjoy the trading itself, then you've won the battle.
Just like the fisherman who doesn't catch anything that day, you know that there'll be more fish along soon and when it comes down to it... you still enjoyed your day.
In trading, by this point you've learnt about risk management, so you know you'll not be wiped out.
You're confident to place the right trade and you're confident you'll place it at the right time.
And you're patient to wait for each trade to play out, managing it as it unfolds.
There's no guesswork, no panic.
You follow the approach you've practiced and practiced... the approach you discovered was best suited to you... the approach that now generates you a regular second income.
So, that's where you want to be...
And in future issues of Forex Round-Up, I'm going to help you get there by providing more and more tips and advice on how you can navigate your way safely through your own forex journey.
In the meantime though, I'd love to hear where you're at now... what stage of your forex journey you're currently dealing with.
Email me today at forexroundup@agorapub.co.uk
So, don't hesitate to get in touch to share your story.
Best wishes, Richard Hill Editor Forex Round-Up
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