Forex Trading Expert Advisors (EA or automated trading system) and Custom Indicators (CI) for MetaTrader Platform.

You’re at it again, you’re spending the day sitting before a chart and bickering with yourself over what trading card to play next.

You think you have it, you feel the adrenaline coursing through your veins as you watch all the signs point towards profit and success for you, success so close you can almost taste it but wait!- there’s a shift in the trade, and it’s unexpectedly moving against you, your shoulders sag, both your stomach and your mouth drops.

You wait and watch in dismay as the trade continues to move against you and then that’s it. You’ve lost, again, you’ve made the same mistakes you made the last ten times.

What you need to realize is that you can’t help what you’re feeling but what you can do is try and make a change. As a trader you need to understand that emotions and feeling often take over all logical thinking and successful traders keep their feeling in tow when trading amongst doing other things.

Successful Traders are Fully Aware of the Workings of Their Minds
To think like a successful trader you need to develop an understanding of your mind, especially when you are trading, a good trader knows his limits and what his goals are, he does not easily get distracted by other unimportant things while trading. Good traders know what it is that will motivate them and what kind of thoughts they should be having while trading that will have a positive effect on the way that they trade. So to get the mindset of a winner, first get to know your mind and get to know it well.

They Know the Importance of Being Biologically Healthy too
What most traders don’t realize is that their biological condition has the ability to greatly impact their mental stability while they trade. Something as simple as taking deep breaths at the right time could have been the difference between you losing or you winning. The mind and the body are linked together instead of getting worked up and letting the adrenaline take over them, successful traders exercise and know well enough what the advantages of being healthy are.

They Tell Themselves That Losing Isn’t a Big Deal
Winning isn’t everything, how many times will you need to hear this till you actually get yourself to believe it? Successful people- and I’m not just talking about traders, take solace in defeat rather than in winning, they see failure as something that can easily be overcome, if handled correctly.

This devil may care attitude of theirs ends up being the reason why they win, as it gives them an edge that not many traders have, most successful traders accept the fact that they cannot and will not always win so they don’t completely break down when they lose, this helps them in the long run because it enables them to trade better the next time they do it.

Their Entire World Isn’t Trading
Most successful traders, trade part time, they have other jobs and if not that then hobbies and friends or family that need them, they are not trading addicts and so they aren’t absolutely devastated at the sign of a loss.

Do you think you possess any of the above qualities? Did this article make you realize what you may be doing wrong as a trader? Let us know!

---

We just need to focus on doing the right thing instead of anything else because if we have right mindset then everything else will easily work in our favor. I never try to be successful because when we try to become something, it always becomes harder to get there, therefore, I always try to stick to my mode of work and that’s enough to bring plenty of rewards. I do it all very nicely thanks to OctaFX broker and their lovely educational guidance backed up by classic conditions that include razor thin spreads at 0.1 pips while there is also massive rebate program where I get 50% back on all trades, so that makes it all so much like able for me.