Key Principle Of Trading Success: Simplify Your Trading
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October 3rd, 2017: In this Forex trading vlog, I share a key principle of trading success. That is: simplifying your trading. I’m a big believer in the idea that “simple is better”. Vlog #194.
However, simplifying your trading isn’t something you do in a click. It’s a process of continuous efforts that I consider to be a key principle of trading success.
Here are a few steps to get started…
4 Things To Simplify Your Trading Today:
#1: Stick to trading multiple timeframes with only 1 chart
#2: De-clutter your trading environment
#3: Reduce the number of things you follow to base your trading decisions on.
#4: Review the charts every morning – and look at them more than once.
Reviewing the charts multiple times and ensuring that I was taking notes of what to trade every morning has made a massive impact on my trading.
I know, however, that I must be careful about my environment – especially when traveling. Things change and it’s hard to execute on the same routine when the environment is different.
That being said, a cluttered desk is as bad as a changing environment. I feel confused looking at the charts when my computer sits on a messy desk.
Ever felt the same? Comment below and feel free to share your best tips to simplify your trading!
Forex Trader Community (Facebook Group): http://bit.ly/2esoMYj
Song: Skylike – Fly Away (Vlog No Copyright Music)
Music provided by Vlog No Copyright Music.
Video Link: https://youtu.be/c9sM-sfpot8
Sia feat. Sean Paul – Cheap Thrills (Sehck Remix) [No Copyright Music]: https://www.youtube.com/watch?v=GG6tYMphkHs
// 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.
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// 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)
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