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Old 05-16-2007, 02:22 PM
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james james is offline
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Default The Success Formula

Hi There Everyone

Something for the new guys

When you first start learning something, you acquire information. As you acquire more and more information, your mind will sift through it and will organize it, and will only leave the most important information that pertains to you, and that becomes your knowledge. Then as you start acting on your knowledge, and start gaining experience on a subject, that knowledge turns into wisdom. I learned this story from a short but great book, called The Success Formula by Bob Burg, which I suggest you listen to for free here. Bob was trying to emphasize that in order to become successful, not only do you need to be knowledgeable, but you also need to be wise, and wisdom is only acquired through action and experience. But I think there is also a second lesson to this story. I couldn't become a successful trader, no matter how much information I was gathering, and no matter how many books I read from "knowledgeable" experts. I only became successful in forex, once I met a few very wise people, at the bank were i worked .So please, before you open up a space in your mind to someone or something, make sure they are a wise person, who is actually trading and making money in forex, instead of just giving you a bunch of useless theories.



James

Last edited by james; 05-18-2007 at 02:33 PM.
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