HOW TO BE THE BEST TRADER IN 2025

You have played the losing and break even dance long enough. It's time for you to really be interested in getting ahead and being the best trader in 2025. It's time to separate yourself from the crowd, roll up your sleeves and get down to the real work.

I'll share 3 key insights to help you get ahead in your trading career. If you pay the price now and work on these 3 key components, you'll be amazed at how your trading career will skyrocket by the end of the year.

1. TECHNICAL SKILLS DEVELOPMENT

I'll ask you this question. ''How many hours do you commit to learning and improving your technical skills daily? Many traders actually do spend a lot of time on the charts daily looking for trades. This in itself is not bad at all. Now because you are working towards getting ahead in your trading, you need to start tracking how long you spend on the chart.

Draw up a schedule for yourself and allocate certain amount of time for you to learn and sharpen your technical skills. You can decide that between 7pm-9pm daily, you will be locked in working on your charts. Pick a particular technical skill you want to work on.( entry &exits, backtesting, forward testing, fundamentals, strategy refinement etc )

During this time, turn off all notifications that would cause a distraction. Get a journal and put down all key points, lessons learned and observations made. After doing this, include it in your journal that you spent 2 hours working on your charts skills for that day. When you get into any trade positions, also journal your trades. If you are looking to begin a career in Forex trading, a great way to start is by signing up to join the Forexlyfe Academy to kick start your Forex career on the right foundation.

2. PSYCHOLOGY SKILLS DEVELOPMENT

This is one major area that the crowd of traders trading neglect. A lot of traders fantasize about making millions of dollars from trading but they have not developed their minds to handle such large amount of capital. Whether you know it or not, your trading account will only grow to the level which your mind grows. How much time do you allocate daily to improve your way of thinking?

Your current result as a trader is a reflection of what goes on in your mind. If you find yourself in the category of traders who are consistently losing, it's a sign that your mind is full of losing thoughts. Until that mindset is changed, nothing else can change. The mistake many traders make is that they think spending more time on the charts will stop them from experiencing losses, fears, anxiety, greed and other psychological challenges that plague traders. When you try to use technical skill to solve psychological problems, it is just like you are trying to use malaria drugs to treat cancer. It won't work.

To get ahead and become the best in 2025, you need to start engaging in activities to train your mind to start thinking like a profitable trader. Exercising, visualization, affirmations, reading, spending time with loved ones, waking up early, tidying up your space, planning your day the night before, eating healthy, practicing gratitude, rewarding yourself for completing your tasks and many others are activities you are to start engaging in consistently to develop your mindset.

Draw up a schedule, choose any of these exercises, allocate a time for each activity{you can pick one or two per day} and ensure you do them. Trading is more psychological than technical. The best traders spend more time developing their trading psychology.

3. SYSTEMS AND PROCESSES

You can only rise to the level of system and processes you follow to develop yourself as a trader. To get ahead and be the best, you must create a working system for yourself. Create a weekly schedule for yourself that will enable you to focus on developing both technically and psychologically. The aftermath of doing the things I have shared above consistently is that you'll start to see improvements in your trading and other areas of your life. Don't wait another day to begin. Take action immediately.