With Christmas fast approaching and another New Year almost
upon us, it hardly seems possible that 2007 is already
reaching a close.
Around this time every year the TV will undoubtedly be
showing one of the many versions of "A Christmas Carol"
originally written by Charles Dickens in which Scrooge is
visited three ghosts - The Ghost of Christmas Past, The
Ghost of Christmas Present and The Ghost of Christmas
Future.
Many versions of this popular Christmas Classic have been
filmed over the years, and even Bill Murray has starred in
one of the more humorous versions. My personal favourite is
the 1951 version starring Alistair Sim.
In the story, Scrooge - a very mean, money hungry and
unkindly man - is shown the error of his ways by the three
ghosts. The first ghost shows him where he went wrong in
the past. The second, how he is now viewed by his peers and
the final ghost shows him what the future holds if he does
not change his ways.
So how does your forex trading stack up to the scrutiny of
the three forex ghosts this Christmas?
How did you fare in the past year? Was your trading up to
the standard that you would wish it to be? Or did your
trading leave much to be desired?
Did you exercise caution and patience measured with self
discipline? Did you plan the trade and then trade the plan
or were you so money hungry that you simply threw caution
to the wind and traded every rumour and tip that you heard?
When examined by the ghost of forex present, how did you
do? Was 2007 a profitable year or could it have been
better? Did you have a plan or trading system and stick to
it? Are you able to acknowledge that you are where you are
right now as a direct result of your own decisions - good
or bad?
As can bee seen from "A Christmas Carol", it is never too
late to change your ways!
If your trading has been less profitable and less
pleasurable than it might have been, take a leaf out of
Scrooges book and mend your ways.
Never trade without a plan or system. Always have the
discipline to stick to that plan or system. Understand that
trading is about winning and losing and accept both with
good grace, but make sure that your plan or system
consistently gives you more wins than losses.
Remember that trading takes time and patience. Many traders
fail not because they do not have the ability, but because
they wrongly believe that they need to be in a live trade
for most of the time that they are trading. In truth,
successful traders spend more time watching and waiting
than actually being in a live trade.
Be generous. If you have made money this year - give some
to a worthy cause.
Before we know it, Christmas 2008 will be knocking on the
door. Make sure that if the forex ghosts visit you next
Christmas, you will have had a year to be joyous about.
And on that note, I would like to wish you a Very Merry
Christmas and a Most Prosperous New Year.
----------------------------------------------------
Martin Bottomley is a full time professional forex trader,
acknowledged author, forex tutor and co-developer of forex
trading software including The Amazing Stealth Forex
Trading system.
You will find more information at:
http://www.stealthforex.com
No comments:
Post a Comment