5 steps to bring back belief in your trading

Dear Traders,

During your career, you may come to a point where you stop feeling motivated due to some losses you've experienced.

Fear, frustration and even self-doubt are things every trader experiences from time to time.

At the most basic level, our beliefs are evolutionary.

All these negative feelings are a part of our natural programming - a fight-or-flight response that has evolved over thousands of years.

From my personal experience, belief is also a huge part of success - namely, belief in ourselves.

Generally speaking, the best Forex traders have a positive self-belief.

However, they weren't born with it.

Most traders learn to develop this belief, as even the most successful market players can have their moments of self-doubt.

If you occasionally feel down - remember that you're not the only one.

So when you look through my list of five steps to bring back your self-belief - you know that I am talking from experience.

Success through discipline

I have already showed you how to raise the account up to four figures using a simple strategy and mindset.

However, long-term accounts require more rigid discipline.

The key is to know when to trade and when to avoid trading.

Normally, small accounts need bigger risks and more trading…

...whereas bigger accounts require smaller risks and less trading.

Basically, all you need to do is follow the tripod of successful trading - it won't be long until you see positive results.

Read and benefit from expert analysis

We always put extra effort to provide accessible factual analysis.

The point of this analysis is to give you good trading opportunities…

...and, as the saying goes, to "teach a man how to fish".

In time, you will also learn price action - hopefully, our materials will prove helpful.

It doesn't matter if you trade systems or prices, you will surely benefit from price action.

Release the trapped feelings

Every trader comes across a situation when there are trapped feelings inside of him, trying to break free.

It may sound too poetic, but it's true.

Being a good trader means being able to release those feelings.

The way to do that is to turn the traditional way we react to negative thoughts on its head.

Instead of resisting a belief, you feel it fully.

This dissipates the belief - and after some time, it simply fizzles out.

Bottom line - even if you don't fully believe you would succeed, act as if you do.

Positive affirmation can work wonders for your confidence…

...but don't forget that there's more to it than just believing.

After all, actions do speak louder than words - but they also speak louder than thoughts.

Trade only specific setups

The beauty of the Forex trading is that there are so many trading opportunities, you will never feel void of setups.

Let's say you have difficulty finding good positional trades or countertrade opportunities.

Why not trade breakouts instead?

I've come across traders who only trade breakout - and they had a really great success with it.

However, keep in mind that you can only switch to breakout trading at specific time of the day.

Avoid the spiral of doom

If you fall down the negative spiral, you will spin endlessly - one bad trade after another.

It will be a never-ending cycle of you hoping for a good trade…

...and resorting to revenge trading to get your money back.

In the end, you will blow your account in a matter of days - or even hours.

Maybe the reason for your loss is a spiral of doom?

If so, what you need is a positive spiral.

To bring back belief in your trading, you need to organise a daily routine.

When you set aside time for deliberately practice, you re-program yourself.

In time, this practice will become your second nature.

And when that happens, you'll reap the sweet fruits of your labour.

Cheers and safe trading,

Nenad