Augustine Agu

Forex trader, coach and financial consultant. Signal provider, Up to 80% Signal success rate. Click to get free Ebook on forex trading.👉

[Augustine Agu @aguaustin7]

You can make all the excuses you want for the way the markets move, but it is what it is, so you should just take advantage of it and profit from it. Never try to guess, forecast, or feel the market; it doesn't work that way.

[Augustine Agu @aguaustin7]

@HonestNarrativ C

[Augustine Agu @aguaustin7]

Timing is crucial in trading, but patience is a virtue.

[Augustine Agu @aguaustin7]

The pursuit of trading excellence is impossible.

The art of trading is something that can always be improved, just like any other art form.

[Augustine Agu @aguaustin7]

Put less emphasis on making money.

Be sure you only make the greatest trades.

[Augustine Agu @aguaustin7]

Most traders have the issue of only being concerned with the honey and not the flower, similar to a bee.

Instead of appreciating the road and taking lessons from the experience, they are continually seeking the big payday.

[Augustine Agu @aguaustin7]

What distinguishes professional traders from novices is inconsistent behavior, not technical expertise.

[Augustine Agu @aguaustin7]

It takes time, dedication, and patience to become a successful trader.

Create a plan and follow it.

[Augustine Agu @aguaustin7]

Waiting until you fully comprehend trading will prevent you from ever being successful.

[Augustine Agu @aguaustin7]

Every successful trader began without any prior trading experience.

[Augustine Agu @aguaustin7]

Many traders will spend hours contemplating, monitoring, understanding, and studying the market.

That's fantastic, but it only completes one puzzle piece.

The following step is to apply that to yourself.

[Augustine Agu @aguaustin7]

Reduce your risk and constantly consider the probabilities...

Never let fear influence your trading choices!

[Augustine Agu @aguaustin7]

Everyone wants to know where they may discover the best trading strategy.

Nobody approaches you for advice on how to become self-assured and disciplined.

In that is a lesson.

[Augustine Agu @aguaustin7]

Realizing it's a long-term game,

Your approach to trading will never be the same.

[Augustine Agu @aguaustin7]

A healthy fear of risk is necessary if you want to succeed in the long run.

[Augustine Agu @aguaustin7]

For some traders, avoiding loss becomes more important than seizing the best possibilities since they are so painful when they experience a loss.

[Augustine Agu @aguaustin7]

Trading experience is something you cannot purchase.

You cannot learn it in a trading course.

Trade and Learn

[Augustine Agu @aguaustin7]

Be tight with your rules for every trade, but flexible when considering how to change them in response to the outcomes of a large number of trades.

[Augustine Agu @aguaustin7]

More lessons can be learned by losing money than from winning it.

[Augustine Agu @aguaustin7]

You must practically learn to be your own psychologist if you want to succeed in trading.

Make sure you are aware that learning this will not happen overnight.

[Augustine Agu @aguaustin7]

To constantly succeed as traders, everyone needs to change the way they think about trading.