So we all got done reading all the articles at babypips.com, which I do sincerely thank all the authors for their hard work and dedication to the site. However, what do we do now? How do we move forward and become a better trader?
I think we all have to look deep within ourselves and ask yourself some very basic questions:
Do I want to become a trader?
Is this something I really want?
Why do I desire becoming a trader?
Am I willing to work hard?
These are a few of many questions that I think all successful traders have to eventually answer and come to terms with. I really think that first step comes within and that you as an individual can only take that first step.
However, say you took that first step and you answer all these deep personal questions and that you really believe that trading is something you want to be a big part of your life. What do you do from there? How do we get from where we are to where we want to be?
Honestly, I am not really sure if I have an answer to that question. I want to open up this question to the community and see if we can get some answer, even if that answer is vague.
So how do we get from where we are (from the point of reading and understanding the information within the babypips.com school) to where we want to be?
Do we need to find the right trading system for our personality?
Do we need to develop a trading style to fit our personality?
Do we need to learn about particular technical analysis?
Do we need to learn about particular fundamental analysis?
It is my hopes that we can pull together as a community and share our resources or rather our knowledge of where resources are to help each other get to where we want to be. Be careful though, we can’t really advertise, but I am sure the admins wouldn’t mind us recommend books and authors.
So how do we get from where we are to where we want to be?
I think one important aspect to getting to where we want to be is by building up a foundation of support. This support can come from many things. Could come from your family, wife, girlfriend, friends, ect…
There is that kind of support, but also I find it helpful to get the support of other traders. In particular the support from other like minded traders. What I mean by like minded is that you use roughly the same trading method plus or minus your own personal touches onto that trading method. To find this support I think an individual should seek a trading method they enjoy and think fits them as an individual and then see if there is a gather place for those like minded individuals and become part of that community and contribute to that community. Such as an online forum, hopefully at no cost! I think this foundation of support is one of many many things that will help us grow as individuals and get us from where we are to where we strive to be.
Anyone else have something to chip into this all elusive question?
P.S. Please don’t flame me too badly. This was just a stab in the dark to contribute to this community in my first post.