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Let's assume I just heard about forex
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[music] trading and I want to dive into
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it. I wouldn't just rush in. I'm going
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to approach it like a business and I'm
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not coming in to try it [music] out to
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see if it works. I'll be coming in with
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the mindset to make it work no [music]
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matter what. That mindset alone changes
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everything. Now the next question will
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be how am I looking to [music] make
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trading work no matter what. The first
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thing will be to learn since I know
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nothing at all about trading. Funding an
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account to copy signals will not be my
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number one priority. The number one
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thing will be for me to sit down and
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learn. [music] I need to understand
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reasons why decisions are made in the
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market so that I can be able to hold
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myself accountable to my results.
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[music] So what I will need to do is to
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focus on getting just one mentor, one
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mentor who is experienced and
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accessible, who will have [music] my
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time to teach me how to approach
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trading. So that will be my number one
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focus to get [music] to understand what
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is going on in the market. After getting
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the right education, I will not rush
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into funding a life account of
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excitement [music] that I've learned a
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strategy or something. I will go into
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practice cuz I will have to practice
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what I've learned to know whether I am
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good at it [music] or there are still
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some loopholes here and there. So I will
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get a practice account or a demo
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account. So I'm practicing there not
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just for the wins but to [music] check
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my experience so far to track my
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emotions. Although when you are trading
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with demo, you may not get the anxiety
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[music] and the psychological issues
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that comes with trading. But I'm just
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using it to keep track of everything
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I've learned to know whether I actually
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[music] understand or get the point on
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what I've been taught. So I'll practice
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before I start looking to fund [music]
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my account. So after practicing, once I
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am confident with the knowledge and my
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execution, the next thing will be to
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look for capital. Where am I going to
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[music] get the capital to start
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trading? Now note this. I will not try
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to flip my $50 to $5,000 cuz that is how
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most traders burn their capital. So the
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first thing I will do will be to pick up
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a proper [music] account. I am picking
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up that profit account to raise capital
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for myself. From there I can be able to
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diversify. Although it's not going to be
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easy picking up the proper account, but
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the aim will be to pick it up, get my
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first payout and use it to diversify,
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get my personal account and the rest and
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grow from there. Now if I succeed in
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getting the prop [music] firm account, I
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am not going to rush into placing
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trades. I will run back to my mentor to
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ask few questions. Now the first
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question I will ask my mentor will be
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how were you able to get capital when
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you started out? The second question I
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will ask [music] will be how did you
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become profitable? The third question I
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will ask will be what is the psychology
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behind trading a prop firm account? Cuz
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making the plans I also had to know the
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pros and the cons. If my mentor is an
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experienced one, [music] the answers to
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this particular questions should be able
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to open my eyes into the reality of
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trading and that will help me approach
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my [music] account in a reasonable
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manner. Armed with the knowledge,
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experience, and deeper insights I've
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gotten from my mentor, I will start my
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trading journey. But this time, I'm
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starting with clarity, knowing that it's
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not [music] going to be easy. There will
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be losses. There will be doubts. But I
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will always remind myself why I started
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to [music] make it work no matter what.
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So I will focus on building myself,
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being positive, focusing on progress and
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achieving success. No time to [music]
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give up. I didn't come to try it out. I
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came to make it work. I will use this
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mindset to keep trading until I achieve
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my first payout. [music] And once I get
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my first payout, I will diversify. I
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will get my personal account. I will
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scale up my funded account. [music] If I
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was trading a lower capital, I will get
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a higher capital to increase my payouts.
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following that discipline that made me
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get my first payout. I'll be keeping
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tracks [music] of the progress, the
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struggles, everything so that I'll be up
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to date with myself, get an account and
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scale up my prop [music] account too.
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With that, I'll be able to create
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multiple streams of income for myself
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and keep pushing until I join a
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successful class. So, these are the
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processes I will follow into achieving
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success in trading. So, have it in mind
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that trading is not an easy stuff to go
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into. You need to be ready to make it
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work. So don't come in because of you
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think there is money somewhere you want
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to you know pack and [music] go. It
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takes processes and you must be ready to
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go through those processes. Don't even
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jump [music] one cuz if you jump one it
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can be detrimental. It takes processes.
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So just be ready cuz at the end of the
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day trading will change your personality
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the way you think. It will change a lot
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of things [music] before the money will
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start coming in. It will build you into
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another human being that is trading
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[music] generally. But having in mind
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that if you are ready to make it work,
