FX TOP TRADERS
“The “system” is not the most
important thing
about trading. What is really important is the psychology.”
become successful traders aſter following your program, and how long does it take?
JS: Tat’s really tough to measure
because most of the students who stay in contact with me aſter our courses are very successful. But sometimes I never hear from them until, out of nowhere, they pop up. I had a former client join me in a free training I was doing and I was telling the group how powerful some of our strategies and ideas can be and he popped in to tell everyone he had doubled his account aſter taking the course and now he is trading full time. Tis, from a guy
20 FX TRADER MAGAZINE April - June 2012 FXTM: In your experience what FXTM: In your experience what
makes a successful trader? JS: Commitment. Hands down.
Tis is a hard business. Most of the people who try to make a living doing this will fail. But that’s true for any business you try to start. Te problem with traders is that they don’t treat trading like a business. And they end up paying for it. Te markets are not
makes a loser trader? JS: Te worst traders I run into are
cynical and cheap. Tey are happy to lose thousands in the market “paying their dues” but are completely offended when anyone suggests they might want to actually invest in some training. People who think they don’t need help always fail, both in business and in trading.
who never said a word to me. So I like to think the numbers are high. But what it really comes down to is commitment and discipline.
a place to get rich quick. Tey’re a place to go broke quick. If you fail to plan and fail to educate yourself then you deserve to lose your money.
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