Learn How To Trust Your Setup

forex-trading-setup.jpgSo how we learn to trust our setups? By keep practice, practice and practice. Trading is contact sport and can only be mastered through endless repetition.

One of the biggest mistakes that many traders make is to learn on a demo account. It creates a false sense of control and overblown sense of importance especially if you trade with billions of demo dollars. Demo trading is good for only one thing, how to getting to know the trading software.

Once that’s done you need to trade with real money. Why? Because you can never replicate the psychological pressures of real trading unless you have skin the game.

The more you trade your setup under real market conditions. The more patient you will become. The more you will start to trust your setup and the more you will start to trust yourself.

 

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