The Routines & Rituals Of Top Forex Traders For Optimal Trading Results – Show Notes
In episode 93 of the Desire To Trade Podcast, I interview Stacey Burke, a Forex trader who has learned about trading the hard way while blowing up some small accounts and making all the mistakes most losing traders make. Through that process, he has able to identify where the real problems were in his trading and himself and turn the corner by adopting the rituals of top Forex traders.
Coming from a sporting background in ice hockey and Ironman triathlon, hard work and a competitive nature are some of the attributes he believes are necessary to succeed in Forex trading. Being a fan of performance himself, Stacey placed a lot of emphasis on adopting the rituals of top Forex traders (and traders in other markets as well). That allowed him to grow at a much faster pace!
Stacey gives credit to other great traders for his success. Brent Penfold's advice on being “the best loser”, but he also implemented things in his daily routine to help him continually keep getting better at the process of trading. Like Mike Bellafiore says “how good can we get?. One of the rituals of top Forex traders that I've identified is this idea of staying in a consistent growth mindset, no matter what level you are at.
Here's a key takeaway:
“Trading mastery is a journey, not a destination. Focus on constant progress, NOT perfection.” (click to tweet!)
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Share This! Top Quotes From This Interview
“If you know the enemy and know yourself, you need not fear the result of a hundred battles.” – Sun Tzu
