ABUNDANT MINDSET: KEY TO SUCCEEDING IN FOREX

Say this to yourself ” As I think in my heart, so am I” Look at your current environment and say this to yourself. ” I am where I am today as a result of what I have been thinking”.  It’s not your ”village people” that are against you. After all, your village people are not doing your thinking for you, lol. If what you see in your trading result or in life generally is not something you like, it is simply as a result of what goes on in your mind. The good news is that you can chart the course of your life in a better direction when you begin to think right. In a world that is full of negativity, learning to think in abundance is a major key to succeeding in Forex. It is a compass that would steer your life in the right direction and ultimately improve your trading results.

How To Cultivate An Abundant Mindset

Practice gratitude

Always look out for something to be grateful for on a daily basis. Say thank you. Be intentional about being grateful for what you have. Get a gratitude journal and task yourself to write down at least 5 things you are grateful for daily. Example, you can note down on your journal ” I am grateful that I have a good trading mentor”. It can be anything at all. The idea is to get your mind thinking in a more positive direction.

 Think Abundance

If for instance, you took a loss on a trade or you missed out on a good trade. Instead of worrying about the loss, think about you having more good trade opportunities coming. For every one trade that ended in a loss, there are a million good trade setups coming your way. Visualize the many more trade setups coming your way already. Also see yourself taking advantage of the good trades when they come. This is another major key to succeeding in Forex.

 Join Circles That Radiate Positivity

Show me your friends and I will tell you who you are. If you hang around traders who think and talk about success all the time, it would most likely cause you to think thoughts of success. The result will positively impact your trading result. If however, you are constantly engaging with traders who talk about losses all day long, you will unconsciously start to think losses as well. The result will negatively tell on your trading results. Be mindful of your surrounding. If you consistently sit with 5 billionaires, you will most likely be the 6th billionaire. You get the gist?

Celebrate Your Wins

Be grateful for your achievements. You are putting in the work day in day out. You are making progress. It is worth celebrating. So give yourself a pat on the back. Take yourself out on a treat, buy a gift for yourself. Doing this will help you shift your mind from focusing on what’s not working to embracing what is working even more.

Take Action

Arrange your goals in to bits and take action towards your goals daily. The best time to act is today. Do not let today go by without you doing what is required to make you move a step further ahead in life. Be consistent at it and show up everyday. Do not miss one day.

Visualize Success

Take some time off to think about you winning and coming out tops. Imagine yourself holding the cup high and everyone celebrating your success. How does it make you feel? Imagine sitting and dining together with top traders in the industry. When you do this continuously, you will be inspired to continue making progress and moving forward every day.

Embrace Abundance

The whole essence of engaging your mind to do this is to get yourself consistently in the right state of mind all the time. This attitude will not only have a positive effect on your trading, it will cause you to embrace abundance in all aspects of life. The book title ” As A Man Thinketh” by James Allen is one book I recommend you to read.

Related Article ; How To Maintain Consistent Profitability In Trading

HOW TO MAINTAIN CONSISTENT PROFITABILITY IN TRADING