Learning to Grow as a Trader

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#496: Learning to Grow as a Trader

In this video:

00:26 – Being self sufficient 

00:42 – Nothing to see here

01:44 – Learning how to trade is exactly the same

02:07 – Putting in the effort reaps the reward

03:00 – Think of your trading is like growing a plant

03:16 – Get onto one of my webinars

03:38 – Choosing a broker – Blueberry Markets

You need to learn to grow as a trader. It's no different to planting your own food like I've just done behind me here. Let's talk about that and more right now.

Hey, the traders! Andrew here at the Forex Trading Coach with video and podcast number 496.

Being self sufficient 

Now we like to be pretty self-sufficient here. We grow our own food. In fact, of this planted here in this brand new garden bed that I've just built behind here, some broccoli and some cauliflower and some garlic and some cabbages as we head into winter here.

Nothing to see here

Now, there's nothing here to see. Right now, it's just empty. You can't hardly see the plants I put in, but that's because it's all new. And they need time to grow and to nurture. And we like to be self-sufficient. As I mentioned, with our own food. We like to avoid supermarkets as much as we can. We grow our own food around vegetables and fruit. We've got our own meat, our own fish, and yeah, we've got our eggs and, you know, everything you can possibly really want.

And that's our choice. But it takes some hard work and dedication. But the rewards are massive because you feel better. Everything's home grown. You know what treatments it's had or not. It's there to pick in season. And although it's hard work and it takes some dedication and you get your ups and downs, you get your failures, certainly, you know, things go wrong, the weather and whatever it might be, something eats it and you've got to start again.

It can be frustrating. And it got me thinking when I was putting these plants in here, just that I'm going to make my weekly video and podcast on this exact topic about planting.

Learning how to trade is exactly the same

Because it's no different from you learning how to trade. You know, when you start off you like this, you put all this effort in and you can't see anything and you kind of wonder like you all that cost of building it.

I've just put six cubic meters of soil in here. Grown the plants from seeds, put them in, and I still can't see anything. There's no reward there yet, you know, there's no plant, there's no food yet, and trading's no different.

Putting in the effort reaps the reward

You've got to put that time in that effort, in that commitment upfront. And yes, you will get failures.

There is no doubt about it. Things will go wrong, You'll do silly things, you'll lose money. You have great straight set ups that will lose money. And that's just the nature of trading. But once you know what you're doing, once you've had some success and some time in like the business. Like of these plants here, when they grow and I could show you trees up here of avocados and tomatoes and lemons and nut trees and figs and pumpkins growing up there and watermelon and all sorts of things and corn.

How well can I see behind me here there's cabbage, there's lettuce, there's quail, there's peppers, there's all these things I can see behind the camera here that are growing because we put the time and the effort in, you know, previously to get them to grow to that stage.

Think of your trading is like growing a plant

So think of me trading like growing a plant, nurture it and put some effort in, help it grow and accept there'll be a few losses and a few failures, but accept also that once you if you stick at it, the rewards are massive.