Tuesday, July 21, 2009

The reason for this blog

I am a new forex blogger, with a practice account for about a year, and a real money account for about three months. I have found amazing resources both online and in books that have proved invaluable for technical analysis, and I'd like to share some of these resources over time. However, far and away the harder part of forex trading to master, for me, has been the emotional discipline and patience necessary to wait for the right entry points and to get out of positions at the right time. The purpose of this blog will be to explore the psychological methods that have helped me to grow into a better trader over the last year. Obviously, I don't imagine it will be useful to experienced and professional traders, but I know there are many people in my shoes who trade as amateurs or in our spare time. Hopefully we can start a conversation and form a supportive community.

Good Luck!

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