3 Steps To Successfully Start Your Forex Trading Business
FREE: The Complete Price Action Strategy Checklist: http://bit.ly/2o5NO0M
In this Forex trading vlog, I share 3 crucial elements to consider if you are ready to treat trading like a business and start your own Forex trading business. Vlog #224.
Step #1: Think About Investments & Evaluate ROI
When starting your Forex trading business, you must understand that investments are required to grow your income.
One of my college teachers said: “the goal of a business is to make investments and recover that money plus some more.” I recommend you apply the same principle to the investments you make in our trading business.
Money invested in a good program (shameless plug: Desire To TRADE Academy), a course, or coach, will be recovered. If the coach did his job right, you’ll even make more money than you originally invested after some time. That being said, you need to do the work!
Step #2: Create Powerful Systems
Businesses run on daily systems. Those allow the business to stay on track and to hit targets.
Find out what processes are most effective to keep your trading solid and make it your duty to execute on those systems/routines consistently.
Also, don’t forget to ank yourself on how well you execute your processes.
Step #3: Make Connections
Making connections partly means connecting with the people who you want to be like. However, you can also make connections between something you see in a field to Forex trading.
What are you going to take-away from this video? Comment below and let other people know. That way you’re more likely to stay accountable!
Forex Trader Community (Facebook Group): http://bit.ly/2esoMYj
// About Me
My name is Etienne Crete (from Montreal, Canada). I’m a swing Forex trader and help aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.
What you must know: I’m all for trading foreign exchange, but I think freedom is much more important than time spent in front of your computer.
I blog at www.desiretotrade.com and host the Desire To Trade Podcast. I was fed up with the “fake” millionaire traders and the “get-rich-quick-trading guys”. That’s why you can expect more free content from me than what other people charge for!
If you truly want to succeed in Forex trading, I believe you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you’re good at.
This video expresses my personal opinion only. Forex trading is risky. Make sure you are ready to trade. Even this will not guarantee you positive results. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action.
// You Might Also Like…
This Guy Tells You Exactly How To Trade Forex Full-Time And Make A Living! – https://www.youtube.com/watch?v=P6H6VHP5fX0
I Met Up With A Professional Trader Today (Invaluable Advice)! – https://www.youtube.com/watch?v=svkcsO2vzys
How To Create Your Forex Trading Strategy & Make It Profitable… As I Explore West Lake In Hangzhou – https://www.youtube.com/watch?v=Zb5X7k2JanY
Complete Trading Strategy With The Engulfing Pattern – Price Action – https://www.youtube.com/watch?v=WqTrn92CFBw
// All Products Used In This Video
Sony a5000: http://amzn.to/2sbMO11
Joby GorillaPod: http://amzn.to/2r0xqQo
Editing software: Final Cut Pro (Mac)
Thank you for trusting me with my truthful and reliable opinion on any future purchase you may make. I always disclose this information when it is the case. As part of the Desire To TRADE family, you allow me to be able to use affiliate/referral links when suggesting items for purchase. As a customer of the products I refer, you help me sustain the time and resources to create content on this channel by generating revenue from your sales. This doesn’t affect you in any way in the checkout process (I’m sometimes even able to arrange a discount for you that is special from other customers).